China has scrapped its one-child policy, allowing all couples to have two children for the first time since draconian family planning rules were introduced more than three decades ago. The announcement followed a four-day Communist party summit in Beijing where China’s top leaders debated financial reforms and how to maintain growth at a time of […]
The Italian attack against Greece, that started in October of 1940, was one of the greatest military blunders of history and it may be argued that it cost the axis powers the whole war. Here, I discuss how the attack provides is one of the few documented cases of a “false flag” operation. (Image: […]
The net result is nonsensical policies that fail to achieve their stated objectives. We live in an era of illusion: the illusion of understanding, and the illusion of control. Few institutions reflect these illusions better than the Federal Reserve, though the Pentagon, Congress, the Imperial Presidency, the sick-care cartel and the higher education cartel are certainly […]
How can a people who have struggled long years under oppression throw off their oppressors and establish a free society? The problems are immense, but their solution lies in the education and enlightenment of the people and the emergence of a spirit that will serve as a foundation for independence and self-government. – Thomas Jefferson After […]
The U.S. plans to sell millions of barrels of crude oil from its Strategic Petroleum Reserve from 2018 until 2025 under a budget deal reached on Monday night by the White House and top lawmakers from both parties. The proposed sale, included in a bill posted on the White House website, equates to more than […]
Investigators into the 2010 Deepwater Horizon disaster in the US Gulf of Mexico often lament the failure of Congress to pass any meaningful safety-related measures informed by the lessons learned from the tragedy. But make no mistake — the ripples of Deepwater Horizon have been felt by the industry and can be clearly seen in […]
Iran has proposed to swap oil and gas with Russia, Press TV quoted oil minister Bijan Zangeneh as saying. Zangeneh said the proposal was raised during a meeting on Wednesday with the visiting Russian energy minister Alexander Novak. According to the proposal, Iran would receive natural gas, oil and oil products from Russia through its […]
Eight of the 12 surviving sons of Saudi Arabia’s founding monarch are supporting a move to oust King Salman, 79, the country’s ailing ruler, and replace him with his 73-year-old brother, according to a dissident prince. The prince also claims that a clear majority of the country’s powerful Islamic clerics, known as the Ulama, would […]
Kahnawake Mohawks made good on their promise to escalate actions, by blocking train traffic for over an hour, since Montreal’s mayor hasn’t canceled the scheduled 8 billion litre raw sewage water dump. For more info visit mohawknationnews.com and reclaimturtleisland.com
When California Governor Jerry Brown signed Senate Bill 350 on Oct. 7, it looked like a huge win for the oil industry. The original version of the bill included a mandate to cut the state’s petroleum consumption 50 percent by 2030. Days before the floor vote, State Senate President Pro Tem Kevin de León, chief architect […]
As part of a plan to rein in carbon emissions, Oslo’s new city council announced this week that the city’s center would be car-free by 2019. Ars Technica reports that the move, which aims to help the city halve greenhouse gas emissions compared to 1990 levels, “will make Oslo the first European capital where cars are permanently […]
Justin Trudeau’s announcement that Canada will cease involvement in bombing campaigns in Syria and Iraq greeted with resignation in US The news that Canada would stop participating in coalition air strikes against Islamic State in Syria struck like a thunderbolt in Ottawa on Tuesday. But, in Washington, the announcement that prime minister-elect Justin Trudeau would […]
When social media began to light up with pictures of Quds Force commander Qassem Soleimani rallying Shiite militiamen and Hezbollah soldiers ahead of Russia and Iran’s joint effort to retake the city of Aleppo, some wondered where all of these fighters came from. After all, even though the IRGC has now all but admitted it […]
Saudi Arabia may run out of financial assets needed to support spending within five years if the government maintains current policies, the International Monetary Fund said, underscoring the need of measures to shore up public finances amid the drop in oil prices. The same is true of Bahrain and Oman in the six-member Gulf Cooperation […]
If one were to turn on the television right now, the mainstream media would be painting the picture of an economy that is in a recovery and a U.S. dollar that is strong as ever. Yet there is a strong contingency of people on the Internet declaring the U.S. dollar is heading for a major collapse […]
While increasing cries from the West demand an end to all association with Saudi Arabia, the U.K. government described lucrative public contracts with the notorious human rights abuser as a “priority market.” Government departments have been actively — even aggressively — steering U.K. businesses into bidding for contracts with the Saudis in the health, justice, […]
The legacy mainstream media has a collective brain like dog’s — it exists in an eternal present, so that whatever’s happening right now is all there is. Thus, Hillary’s performance in the first Democratic debate, being as bad but not worse than her competitors’, means she has a lock on the nomination for president. The […]
The United States was set to issue conditional sanctions waivers for Iran on Sunday, though it cautioned they will not take effect until Tehran has curbed its nuclear program as required under a historic nuclear deal reached in Vienna on July 14. Several senior U.S. officials, who spoke to reporters on condition of anonymity, said […]
Commentators have already compared President Vladimir Putin’s recent address before the UN General Assembly with his speech at a security conference in Munich in 2007. Some, such as Sergei Markov, claimed the speech was “tougher than Munich, outright anti-American,” while others, such as Tatyana Stanovaya, argued that it was “the opposite of Munich,” an effort to return to the time in 2001-03 when Russia was […]
In the Golan Heights, there is an unassuming aqueduct used for local irrigation. Not so long ago, however, this mundane structure was part of a much grander project, known as ‘Tapline,’ a 754 mile long Trans-Arabian pipeline to transport oil straight from the Persian Gulf to the Mediterranean Sea. When Tapline was constructed in 1947, the […]
As has already been discussed at length, once the economic sanctions imposed by the U.S. and the European Union on Iran begin to be lifted next year, there is going to be a surge in the already oversupplied global crude oil markets. The current world crude oil output is around 96.6 million barrels per day […]
MONEY is the glue that holds Saudi Arabia together. To maintain a loyal citizenry and counter radicalism, the kingdom’s rulers pamper their subjects with lavish benefits and cushy government jobs. In times of uncertainty, such as during the Arab spring, workers are handed pay rises and bonuses. The last big payout, after the coronation of […]
Why has Barack Obama airdropped 50 tons of ammunition into areas that “moderate rebels” in Syria supposedly control? This is essentially the equivalent of poking the Russians directly in the eyes. Much of this ammunition will end up in the hands of those that the Russians are attempting to bomb into oblivion, and so to […]
Calling the oil resources of the Arctic vast is a bit like calling the weather there chilly. It is understandable why a nation would want to claim as much of it as possible. Yet the challenges to harvesting its wealth are also vast, which makes Russia’s move to owning a larger swath of the region […]
Obama is under pressure, at home and abroad, to restore the image of US strength How long can a country that represents less than 5 per cent of the world’s population and 22 per cent of the global economy, remain the world’s dominant military and political power? That question is being asked with increasing urgency […]
F. William Engdahl, journal-neo.org October 9, 2015 ACS Editor Comment: For several years I myself was a “peakist”, after reading Michael Ruppert’s book Crossing the Rubicon. Fortunately I decided to revisit the topic and discovered that Ruppert and many others were victims of a very extensive and successful propaganda campaign – science for hire, so […]
Everyone likes $2 gasoline. But what if it’s bad for the long-term growth of the U.S. economy — and for global stability? The U.S. House of Representatives is expected to vote on Friday to do something that would have been unthinkable only a few years ago: lift the restrictions on exporting domestically produced crude oil […]
A bill to repeal the U.S. oil export ban passed the House of Representatives on Friday, but faces an uncertain future after a veto threat by President Barack Obama. The bill sponsored by Representative Joe Barton, a Texas Republican, passed the House 261 to 159, failing to reach the 290 votes necessary to overturn a […]
Another Petro-State Throws In The Towel – The Last Nail In The Petrodollar coffin Source: Norwegian Ministry of Finance, Bawerk.net According to the proposed budget submitted by the current ‘blue-blue’ government the Norwegian deficit will reach another record high in 2016. Mainland taxes are expected to bring in 1,008 billion NOKs, while expenditures are estimated […]
Everyone knows that the Saudi Arabia – the center of Sunni Islam – hates Iran because it is the center for the rival Shia Muslim sect. The Saudis – close U.S. allies – also hate Iran because it is allied with Russia. But there is a third, little-known reason why the Saudi government hates Iran. […]
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