By Michael Snyder, on January 18th, 2016 Last time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global financial crisis. Since the start of […]
by Raúl Ilargi Meijer Russell Lee Tracy, California. Tank truck delivering gasoline to a filling station 1942The first thing that popped into our minds on Tuesday when WTI oil briefly broached $30 for its first […]
by Tyler Durden While military direct intervention by US, Turkish, and Gulf forces over Syrian soil escalates with every passing day, even as Islamic State forces capture increasingly more sovereign territory, in the central part […]
By Kurt Cobb The characteristic feeling of the post-2008 world has been one of anxiety. Occasionally, that anxiety breaks out into fear as it did in the last two weeks when stock markets around the […]
By Mahdi Darius Nazemroaya Everything about the war on Yemen is a smokescreen. Concealed behind the smoke is a tale of geopolitics and petro-politics that aims to control the Bab-el-Mandeb Strait and the Gulf of […]
US Forces Searching Ships Near Yemen by Jason Ditz, April 13, 2015 While US officials continue to try to downplay their involvement in the Saudi Arabian attack on Yemen, the Pentagon continues to increase overt […]
The agreement preventing Iran from obtaining a nuclear weapon makes “our world safer,” announced President Obama on April 2. [1] The same day, however, the US Air Force Command for “global attack” announced the experimental launch […]
by Tyler Durden Two weeks ago we noticed something quite “persuasive”: ahead of the culmination of the March 31 April 2 Iran nuclear negotiations, the US had dispatched a huge naval presence to the Persian […]
by Tyler Durden On Tuesday, we suggested that the entry of Houthi rebels into a military base overlooking the Bab el-Mandeb strait may have made a Saudi ground incursion in Yemen virtually inevitable. The 18-mile […]
by Tyler Durden The biggest news of the day is the start of the second proxy war in the past year (the first one of course being the Ukraine civil war which is just a chess […]
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