The Battle for Venezuela and Its Oil

Despite the public battles between the New York Times and President Donald Trump, the two seem to be on a similar page about the unfolding crisis in Venezuela. Last week, the administration announced it had “designated” President Nicolas Maduro and other Venezuelan officials, freezing their U.S. assets and barring Americans from doing business with them. The […]

14,995 nukes: All the nations armed with nuclear weapons and how many they have

North Korea may have more than triple the number of nuclear weapons that experts recently estimated, according to a story by The Washington Post. The new count comes via a July 2017 report created by the US Defense Intelligence Agency. According to the newspaper, which obtained the document, “up to 60 nuclear weapons are now […]

Tillerson: Trump Using Language N. Korea Understands

As the leaders of two nuclear-armed countries trade threats, U.S. Secretary of State Rex Tillerson says President Trump “is sending a strong message to North Korea in language that Kim Jong Un would understand, because he doesn’t seem to understand diplomatic language.” The language has been increasingly fiery. After Trump said Tuesday that if North […]

“Black Sky Event”: Feds Preparing For Widespread Power Outages Across U.S.

Federal government agencies are preparing for the possibility of “widespread power outages” across the U.S. as a result of a “black sky” event that could “bring society to its knees”. An exercise sponsored by FEMA and the U.S. Department of Energy set to take place on August 23 called EarthEX2017 will wargame responses to catastrophes […]

If America Was Trying To Start A World War, This Is How It Would Happen

Last Wednesday, U.S. President Donald Trump signed new sanctions into law against Russia, Iran, and North Korea. The legislation was supported so overwhelmingly in Congress that President Trump’s ability to veto the legislation was rendered completely ineffective. Even anti-interventionist Hawaii Rep. Tulsi Gabbard voted in favor of the bill, once again proving that Republicans and Democrats always find common ground when it comes […]

Venezuela Rebellion Could Send Oil To $80

Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets,” according to Helima Croft of RBC Capital Markets. The economic, political and security situation in Venezuela has been frightening for quite a while, but things continue to grow worse. The new “constituent assembly,” put together to rewrite the […]

Capitalism has failed the world: Socialism is the viable alternative

The latter question carries much more weight compared to the former question as the system of capital accumulation has been in existence for more than 500 years. The socialist system, in contrast, was only experimented in the 20th century. Following the 1917 Bolshevik Revolution in Russia, socialism was exported in various nations in the world. […]

Kunstler: Just Wait a Little While

The trouble, of course, is that even after the Deep State (a.k.a. “The Swamp”) succeeds in quicksanding President Trump, America will be left with itself — adrift among the cypress stumps, drained of purpose, spirit, hope, credibility, and, worst of all, a collective grasp on reality, lost in the fog of collapse. Here’s what you […]

What do the new U.S. sanctions on Russia target?

U.S. President Donald Trump reluctantly signed into law a sweeping sanctions bill against Russia, Iran and North Korea this week. As U.S. Secretary of State Rex Tillerson and Russian Foreign Minister Sergei Lavrov meet this weekend at a regional forum in Manila, here is a look at new Russia sanctions : * The law establishes […]

California Legislature Passes 10-Year Extension to Cap and Trade

Success in the legislature: After weeks of negotiations in the California legislature, the Senate and Assembly passed an extension to cap and trade on July 17. This is a win for California’s climate leadership and for green building. USGBC actively supported the cap-and-trade extension, as one of the state’s key strategies to reach its SB 32 goal to reduce […]

The Battle for Power in Venezuela

  Bloomberg’s Vivianne Rodrigues discusses the turmoil in Venezuela with Bloomberg’s David Gura on “Bloomberg Markets.”

Away from Oil: A New Approach

The time of large SUVs is over: this is what experts in the automobile industry said in 2008, when the oil price was at its peak. Times can change very fast. The oil price fell sharply in 2014 and not much has changed since then. SUV sales in the US reached a new record in […]

Making Policy in an Uncertain World

In one of the best commencement speeches ever, the Australian composer, lyricist, and comedian, Tim Minchin told students at University of Western Australia, “We must think critically and not just about the ideas of others. Be hard on your beliefs. Take them out onto the veranda and hit them with a cricket bat.” Source   I was reminded of […]

Kunstler: Narratives Are Not Truths

The polity is a social organism, of course, meaning that it adds up to more than the sum of its parts, a body of politics, if you will, just as each of us adds up to more than just our bodies. It’s alive as we are alive. We have needs. We have intentions in the […]

I infiltrated ISIS — here’s how I was instructed to carry out a terrorist attack

How does ISIS recruit its attackers in Germany? What are the last instructions before the terrorists strike and kill as many innocent people as possible? For months, BILD reporter Björn Stritzel pretended to be an Islamist willing to carry out an attack (always in consultation with the security authorities). My mobile phone vibrates just before […]

Saudi King Salman orders arrest of royal prince for assault

Authorities on Thursday announced an order from Saudi Arabia’s King Salman bin Abdulaziz to arrest a royal prince, on charges he assaulted at least four residents of Riyadh. Salman issued an immediate arrest warrant for Prince Saud bin Abdulaziz bin Musaed bin Saud bin Abdulaziz Al Saud, and anyone else who took part with him […]

Al-Aqsa crisis is Tillerson’s first real Mideast test

The stars were perfectly aligned for Rex Tillerson. As secretary of state under a Republican president whose party enjoys a majority in both sides of the house, and given the massive damage done to the US interest and traditional allies by the Obama Doctrine, Tillerson could not have had a clearer mandate. This is particularly […]

Trump Administration Closing War Crimes Office

Secretary of State Rex Tillerson is closing a decades-old office in the State Department that has helped seek justice for victims of war crimes. The Office of Global Criminal Justice advises the secretary of state on issues surrounding war crimes and genocide, and helps form policy to address such atrocities. It was established by President […]

A Coup In The House Of Saud?

The secret is out: the ascension of Mohammad bin Salman, displacing CIA favorite Mohammad bin Nayef as Crown Prince, was in fact a white coup… What has been an open secret across the Arab world is not a secret anymore even in the US: What happened last month in the deep recesses of the House […]

Kunstler: The Value of Everything

W e are looking more and more like France on the eve of its revolution in 1789. Our classes are distributed differently, but the inequity is just as sharp. America’s “aristocracy,” once based strictly on bank accounts, acts increasingly hereditary as the vapid offspring and relations of “stars” (in politics, showbiz, business, and the arts) […]

Kunstler: Meow

For all his blunders and stumbles in his first half-year as President (cough cough), Donald Trump seems to have more lives than Schrödinger’s Cat. Or maybe it just seems that way. Or maybe he isn’t really there at all (like the news these days). Maybe Trump only represents one comic probability in an infinite number […]

US Owns 700 Million Barrels of Oil. Trump Wants to Sell It

The weather was hot and humid on July 21, 1977, the day the U.S. government began stockpiling oil. It started small. Just 412,000 barrels of Saudi Arabian light crude stashed in a Southeast Texas salt cavern. In the wake of the Arab oil embargo, which sent prices through the roof and forced Americans to ration […]

The population explosion we’re all ignoring

“Ladies, have you heard the news?” croons the singer to the women sitting beneath the tree in an isolated village in Benin. “You can take a pill every day.” The singer and his drummers have just disembarked from “the contraception boat”, said Geoffrey York in The Globe and Mail (Toronto). It is part of a […]

America-First Pipeline Plan Draws Ire of American Oil

Donald Trump’s allies in the oil industry are warning the president that his bid to boost U.S. steelmakers could backfire against their efforts to achieve his goal of “American energy dominance.” The intense lobbying effort comes as the Commerce Department faces a Sunday deadline to give the president a plan to require oil and gas […]

US Military Establishment Study Admits The American Empire Is “Collapsing”

A new study conducted by members of the U.S. military establishment has concluded that the U.S.-led international global order established after World War II is “fraying” and may even be “collapsing” as the U.S. continues to lose its position of “primacy” in world affairs. We’re revolutionizing the news industry, but we need your help! Click here to […]

ISIS continues to sell oil because it’s in somebody’s interest

While the freefall of oil prices seems to have stopped for now, the inevitable rise of energy demand from developing economies may turn the current overflow into a critical shortage. How long before oil becomes a treasured resource in major demand again? And with new technology coming into play, how will the energy market affect […]

Don’t Move Resources from Development to Security

Twenty years ago, when I was starting my functions as Prime Minister of Portugal, the world was surfing a wave of optimism. The Cold War had ended, technological prosperity was in full swing, the internet was spreading and there was the idea that globalisation would not only increase global wealth, but that it would trickle […]

Brother of Iran’s President Arrested

The brother of Iran’s moderate president, Hassan Rouhani, has been arrested amid escalating tensions between the government and the country’s hardline judiciary ahead of his swearing-in ceremony next month. Hossein Fereidoun, a top presidential aide who played a senior role in more than two years of high-level negotiations between Iran and the west over Tehran’s […]

Kunstler: Boomerangski

The strenuous effort of “Resistance” passengers in the Limousine-of-State to shove Donald Trump out of the driver’s seat continues into what would normally be the news-wasteland of midsummer. Last week it was the smoking popgun of Trump Junior’s meeting with a Russian lawyer purported (by British music promoter Rob Goldstein) to be associated with the […]

Worker shortage slows Bakken oil development

North Dakota oil production decreased 1 percent in May but remained slightly above 1 million barrels per day, according to the Department of Mineral Resources. Oil producers are drilling Bakken wells faster than they can bring them online due to a shortage of experienced workers, Director Lynn Helms said Friday. “There’s a great amount of […]

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