The United States have become the leading world producer of hydrocarbons. As from now, they are using their dominant position exclusively to maximise their profits, and do not hesitate to eliminate their major rivals in oil production, plunging their citizens into misery.
Venezuela’s economic fundamentals are very weak after years of withstanding the US’ Hybrid War onslaught, so it might not even take all that much to throw the country into a qualitatively new level of crisis that could ultimately lead to its collapse. The chances of regime change taking place in Venezuela are higher than at any time before.
Connecting Nigeria to the emerging Multipolar World Order through China’s interlinked oil, financial, and developmental deals is a step in the right direction, but it’ll nevertheless take more than the “petroyuan” and railroads to save this failing state, but if Beijing is successful, then it might also end up saving Europe from the Migrant Crisis 2.0.
The unexpectedly quick EU consent to take immediate sanctions against Iran “coincided” with seizure of Libyan oil terminals. To certain extent the negative affect of expected oil shortage for European economy could be minimized in case the utmost is done to boost the Brega and Ras-Lanuf production capacities till the […]
When I first entered the floor and learned about oil pricing, it was clear that the cash market, where real barrels of oil were bought and sold, was where pricing was decided. Later, it became increasingly clear that the source of prices was coming from the futures markets that I […]
There is a growing impression that Venezuela with its oil riches is the next country on the US hit list. One would have to be a hopeless idealist to believe that – after US crusades swept across Asian and African oil-producing countries – the Venezuelan oil deposits so far remaining […]
Have you ever heard of tempered glass? When you break it, it crumbles into small chunks. Or imagine a ball lying in a pit: it looks as if perfectly fixed inside the pit but once you touch it slightly, it runs down- nobody can predict where exactly. There is also […]
On March 23, 1940, a twin-engine civilian Lockheed-12A, registration code G-AGAR, took off from an airfield in the London suburb of Heston. British pilot Haig McLane was at the controls. The aircraft set course for Malta; then after an intermediate stop in Cairo, it flew on to the British military […]
By Vadim Truhachev (Russia) Dem. Edward Markey — Chair Deputy of the House Committee for the Natural Resources — claimed that agreement between Rosneft and BP may threaten American national security. According to his opinion, stock exchange may complicate the procedure of fee recovery from the Englishmen. However, I doubt […]
Michel CHOSSUDOVSKY (Canada) The 2001 bombing and invasion of Afghanistan has been presented to World public opinion as a “Just War”, a war directed against the Taliban and Al Qaeda, a war to eliminate “Islamic terrorism” and instate Western style democracy. The economic dimensions of the “Global War on Terrorism” […]
We are posting a piece of ‘political fiction’ published today by the ‘Strategic Culture Foundation‘ Rafe MAIR (Canada) It’s Tuesday November 8, 2016, election night in the United States. Hillary Clinton, candidate for the Democratic Party and, unbelievably, Sarah Palin for the Republicans, if elected, face huge problems in the […]
Anatoly ALIFEROV (Russia) The death toll in Iraq is surging after more than 7 years of international occupation. The ballots cast during the March 7 parliamentary elections still have not been completely counted, and the tide of terror of some obscure origin in the country is raising as we watch. […]