Saudi King Hospitalized for Dementia

Informed sources told Arabic-language al-Ahd news agency that King Salman is now in the Intensive Care Unit (ICU) section of King Faisal Specialist Hospital in the Saudi capital. The sources also said that given the Saudi king’s unstable and aggravating health conditions, officials have ceased plans to transfer him to US hospitals. King Salman, 80, […]

Saudi Arabia likely to become a failed state as oil revenues decline

A ‘perfect storm’ of interconnected crises could see the autocratic Saudi state disintegrate within ten years, argues Nafeez Ahmed. Last September, a senior Saudi royal called for a “change” in leadership to fend off the kingdom’s collapse. In a letter circulated among Saudi princes, its author, a grandson of the late King Abdulaziz Ibn Saud, blamed King Salman […]

The Saudi Population Are Growing Restless

With Saudi Arabia a critical player in the latest flare up in mid-east violence, while domestically the country faces increasing financial and economic pressure as a result of the collapse in oil prices coupled with the recent fomenting of a “royal coup” in Saudi Arabia, an honest and fresh perspective, not one pre-approved by the […]

Ending the U.S. oil export ban is an empty gesture

Both the House and Senate are considering measures that would lift a ban on the export of U.S. crude oil that has been in place since 1975, the height of the Arab oil embargo. Ending the 40-year prohibition may seem counter-intuitive in an era of global supply glut and collapsing prices. For oil producers and […]

Kunstler: Syriasly

Senior administration officials say the new offensive holds promise and may change the dynamics on the ground. — The New York Times Whew…. That’s reassuring. Finally, a Middle East policy you can believe in. It’s apparently based on a joint Kurdish-Arab army that our side (the USA) is pretending to assemble around the ISIS stronghold […]

President Hillary Clinton Will Oppose Crude Oil Exports

Another Clinton Administration Likely I know some people cringe at the idea, but Hillary Clinton is the current favorite to win not only her party’s nomination, but the presidential election in 2016. An online Irish bookmaker lists Hillary at 11/8 odds to win the presidency, followed by Jeb Bush and Donald Trump at 9/2 odds, […]

Iran Readies Massive Syrian Ground Invasion

On Thursday, in “Mid-East Coup: As Russia Pounds Militant Targets, Iran Readies Ground Invasions While Saudis Panic”, we attempted to cut through all of the Western and Russian media propaganda on the way to describing what Moscow’s involvement in Syria actually portends for the global balance of power. Here are a few excerpts that summarize […]

Saudi Arabia Cuts Oil Prices Amid OPEC Price War

Saudi Arabia on Sunday made deep reductions to the prices it charges for its oil, hard on the heels of cuts last month by rival producers in the Gulf. With U.S. production still increasing despite lower oil prices, members of the Organization of the Petroleum Exporting Countries are battling to keep their share of the […]

The Mind of Mr. Putin

So Vladimir Putin in his U.N. address summarized his indictment of a U.S. foreign policy that has produced a series of disasters in the Middle East that we did not need the Russian leader to describe for us. Fourteen years after we invaded Afghanistan, Afghan troops are once again fighting Taliban forces for control of […]

Russia begins airstrikes in Syria, but West disputes targets

Russia launched airstrikes Wednesday in Syria, sharply escalating Moscow’s role in the conflict but also raising questions about whether its intent is fighting Islamic State militants or protecting longtime ally, President Bashar Assad. President Vladimir Putin called it a pre-emptive strike against the militants, and the Russian Defense Ministry said its warplanes targeted and destroyed […]

Saudi withdraws 70 billion from asset managers

Saudi Arabia has withdrawn as much as $70 billion of its assets held abroad as the kingdom’s lavish spending and its destructive war on Yemen is burning through reserves at a blistering pace.  According to financial services market intelligence company Insight Discovery, Saudi rulers are using the assets to plug the budget deficit which the […]

Saudi royal calls for regime change in Riyadh

Plea by grandson of state’s founder comes as falling oil prices, war in Yemen and loss of faith in authority buffet leadership of King Salman A senior Saudi prince has launched an unprecedented call for change in the country’s leadership, as it faces its biggest challenge in years in the form of war, plummeting oil […]

Saudi Arabia Uncovers Militant Cell Planning ‘Imminent’ Attacks

Saudi Arabia’s Interior Ministry said it foiled an “imminent” militant attack planned by a local cell of five men. The men had reached “advanced stages of preparation” in planning the attack, the ministry said in a statement carried by the official Saudi Press Agency. Security forces raided apartments in Riyadh and Dammam, capturing three and […]

The collapse of Saudi Arabia is inevitable

On Tuesday 22 September, Middle East Eye broke the story of a senior member of the Saudi royal family calling for a “change” in leadership to fend off the kingdom’s collapse. In a letter circulated among Saudi princes, its author, a grandson of the late King Abdulaziz Ibn Saud, blamed incumbent King Salman for creating […]

The Entire World May Go Down The Tubes Together

Washington’s IQ follows the Fed’s interest rate – it is negative. Washington is a black hole into which all sanity is sucked out of government deliberations. Washington’s failures are everywhere visible. We can see the failures in Washington’s wars and in Washington’s approach to China and Russia. The visit of Chinese President Xi Jinping, was […]

Who funds the trillion dollar plan of the U.N.’s new global goals?

As world leaders brandish a hard-fought new set of global goals designed to improve lives in all countries, the question of who foots the trillion-dollar bill remained open on Saturday as financial pledges started rolling in. The United Nation’s 193 member countries on Friday adopted 17 Sustainable Development Goals (SDGs) as a roadmap to end […]

Israel’s Opposition to the Nuclear Treaty with Iran

Relations between Iran and Israel go back almost to the foundation of the State of Israel in 1948. Iran was the second Muslim-majority country to recognize Israel as a sovereign state, following Turkey, and the two countries had very close diplomatic and even military cooperation for many decades. After the 1953 coup, which restored the […]

Why the U.S. Urgently Needs to Invest in a Modern Energy System

In a speech commemorating the thirty-fifth anniversary of the International Energy Agency (IEA) in 2009, former U.S. secretary of state, Henry Kissinger recalled how the energy crisis of 1970s awakened the world “to a new challenge that would require both creative thinking and international cooperation.” He explained that as “global demand continues to grow, investment […]

Venezuela Economic Crisis to Only Get Worse

Venezuela is suffering the deepest economic crisis in its history with output expected to contract 9.1 percent this year, Barclays Plc said Friday. The economic contraction will likely reach 16.5 percent between 2014 and 2016, while inflation over that period will exceed 1,000 percent, Barclays wrote in a note to clients. “It is impossible to […]

Population growth is part of migrant crisis

“It is clear that the greatest tide of refugees and migrants is yet to come. Therefore we need to correct the policy of open doors and windows.” So said Donald Tusk at the EU summit meeting on Wednesday. As president of the European Council he had just returned from a visit to the Syrian frontline […]

Erase the borders

This week we look at the dire fuckin situation of people escaping war and abusive governments for the relative safety of the global north. On the break Rebel Diaz and Dead Prez remake the classic “Which Side Are You On?”  Our featured interview is with Erin Gallagher a journalist with Revolution News, who tells us […]

Native Women Shut Down Pipeline “Consultation”

Montreal — First Nations women and supporters sent a clear message to TransCanada this Wednesday evening that the Energy East pipeline is not welcome through First Nations lands. “What we want TransCanada to understand is that no means no. This is Kanien’ke, this is Mohawk Land and we are tired of occupation, we are tired […]

Why China Matters to the Fed

Nariman Behravesh, chief economist at IHS, previews today’s speech by Federal Reserve Chair Janet Yellen as markets look for clarification of the message delivered when the Fed held steady on interest rates. He speaks on “Bloomberg Surveillance.”

Noam Chomsky: The United States, Not Iran, Poses Greatest Threat to World Peace

In a speech Saturday at The New School in New York, Noam Chomsky explained why he believes the U.S. poses the greatest threat to world peace. “[The United States] is a rogue state, indifferent to international law and conventions, entitled to resort to violence at will. … Take, for example, the Clinton Doctrine—namely, the United […]

We Should Have Seen This Refugee Crisis Coming

There are some things we can never know: The grief of a Syrian father as he finds his three-year-old son lifeless on the beach; how it feels to leave your home and community behind in the dark of night, knowing you may never return, with nothing but the need to keep your family safe from […]

Clinton opposes Keystone pipeline

Democratic U.S. presidential candidate Hillary Clinton, who has long avoided a firm position on the Keystone XL oil pipeline, broke her silence on Tuesday and said she opposed it. “I have a responsibility to you and other voters,” Clinton, a former secretary of state, said at a town hall event in Iowa about TransCanada Corp’s […]

800 Ways Taxpayer Money Supports Fossil Fuel Industries

As world leaders converge on New York for a United Nations gathering that’s expected to have a strong emphasis on climate change, the OECD is pointing out 800 ways rich industrial nations support fossil fuels with taxpayer money, along with a handful of countries that are catching up quickly. The measures were worth $167 billion last […]

Kunstler: Fed Cred Dead

The economy is a two-headed monster. One head is the trade in real goods and real services. The other head is the financialized traffic in swindles and frauds that surrounds banking. There is some deception and overlap about which is which. For instance so-called health care might be perceived as a real service. In fact, […]

Russian Government Readies for $30 Oil

Russia’s government has been discussing ways to tackle the tough economic environment if oil falls to as low as $30 per barrel next year, RBC daily reported on Monday, citing government sources. That scenario was discussed at a government meeting chaired by Prime Minister Dmitry Medvedev earlier this month, the newspaper cited two unnamed government sources as saying. […]

Russia’s ultimate lethal weapon

Let’s start with some classic Russian politics. Finance Minister Anton Siluanov is drawing up Russia’s economic strategy for 2016, including the government budget. Siluanov – essentially a liberal, in favor of foreign investment – will present his proposals to the Kremlin by the end of this month. So far, nothing spectacular. But then, a few […]

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