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China Wades into IRAN-SAUDI Swamp

Iran is back with a bang. And what a bang. The simplistic Western narrative rules that after the end of UN, US and EU sanctions – in fact a few still remain in place – Iran is rejoining global markets. That may be the case – from Tehran clinching a deal to buy 114 planes from Airbus to Iranian oil soon hitting Western markets. But the key question is actually how, at what pace, and with what partners Tehran plans to rejoin global markets. All the commotion, at the moment, predictably revolves around oil. Iran’s Deputy Oil Minister for Commerce and International Affairs, Amir Hossein Zamaninia, said the new oil export target is an extra 500,000 barrels a day within a few months. Tehran may indeed boost production by 600,000 barrels a day in six months, and add up to 800,000 barrels a day in output before the end of 2016.

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Debate

  • Can America Abandon Corporatist Grip?

    By James Hall

    What is all the excitement around the Bernie Sanders diatribes that have the Occupy Democrats drooling? According to 170 Top Economists Pen Letter Backing Bernie Sanders’ Plan To Break Up The Biggest Banks, the argument made references the “hyperbolic imagery that invokes the bread lines of the Soviet Union and massive famines in China, entirely […]

  • Currency Dictatorship – The Struggle to End It

    By Rakesh Krishan Simha

    India and the BRICS are giving the US dollar the boot? Is it really so? The last time a country decided to dump the dollar in the oil business, the US destroyed it. Now India, the world’s third largest economy, and Iran have agreed to settle their outstanding oil dues in rupees. What’s more, the […]

  • Is the Chinese Economy Really in Trouble? Here Are the Lessons of History the Press Ignores

    By Eamonn Fingleton

    “You cannot hope to bribe or twist – thank God! – the British journalist. But, seeing what the man will do unbribed, there’s no occasion to.” So wrote the witty early twentieth century British man of letters Humbert Wolfe. His assessment of American journalists isn’t recorded but, where pivotal issues are concerned, they have probably […]

  • Obama Haunted by the Centuries-old “Graveyard of Empires” in Afghanistan

    By Finian CUNNINGHAM

    US President Barack Obama has little to cheer about during his annual Christmas vacation – just as America’s longest-ever overseas war – in Afghanistan – flares up with no end in sight, and possibly for even more years to come. «The war in Afghanistan follows Obama to his vacation in Hawaii», was how the Washington Post described the […]

Politics

Twitter Campaign to Lure Migrants to Germany Coming From US

Twitter Campaign to Lure Migrants to Germany Coming From US

By Andrey Fomin

The whole refugee crisis was arranged by the US-based agents to frame up Chancellor Merkel and warn her against defiance and an independent stand for European sovereignty The premeditated operation of New Year’s rapes, in Cologne and elsewhere, continues with a denunciation of the responsibility of the Federal Chancellor, Angela Merkel. A study of computer […]

Economy

The Fed’s Role in the Stock Market Slide

The Fed’s Role in the Stock Market Slide

By Mike Whitney

When the Dow Jones Industrial Average (DJIA) and S&P peaked in May 2015, investors were still confident that the Fed “had their back” and that any steep or prolonged downturn in stocks would be met with additional liquidity and a firm commitment to maintain zero rates as long as necessary.  But now that the Fed […]

Society

ISIS: US-Saudi Plague Reaches Indonesia?

ISIS: US-Saudi Plague Reaches Indonesia?

By Tony Cartalucci

ISIS attacks conveniently mesh with Washington’s growing frustration with Jakarta and its expanding ties with China. Coordinated bombings and mass shootings struck Indonesia’s capital of Jakarta on Thursday leaving several dead and many more wounded. The pattern matched that of attacks carried out last year in Paris, France, where known terrorists Western intelligence agencies were […]

Environment

Chinese Environmental Problems are Taking a Serious Turn for Worse

Chinese Environmental Problems are Taking a Serious Turn for Worse

By Dmitry Bokarev

The recent announcement that heavy smog has triggered an orange level alert in Beijing, the densely populated capital of China, once again drew the attention of the international community to the environmental problems China faces. In fact, the People’s Republic of China (PRC) is paying a staggering price for its rapid industrial and economic growth, […]

Culture

America’s Military: They Simply Can’t Be Trusted

America’s Military: They Simply Can’t Be Trusted

By Gordon Duff

This week President Obama, while riding around in his classic 1963 Chevrolet Corvette with comedian Jerry Seinfeld, set the tone for his last year in office. “How many world leaders do you think are just completely out of their mind?” Seinfeld asks. “A pretty sizable percentage,” Obama answered. Obama’s personal list starts with Netanyahu, Merkel, […]

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