How far can the Americans be pushed?


Inspired by the Saker’s article regarding how far can the Russians be pushed, (, I ask, how far can the Americans be pushed, not specifically only in Syria, but in general?

In his article, the Saker articulated in his regular rational and captivating style, the issue of Russian patience, or should we say frustration, with America’s actions and inactions in Syria. And, as I was reading the article, I began to think about looking at the situation from the other side of the mirror in a tongue-in-cheek manner; looking at it from the American perspective. Continue reading

Now, a Trade War — Is a Shooting War Next?



A popular thesis since the 1930s is that a natural progression exists from currency wars to trade wars to shooting wars. Both history and analysis support this thesis.

Currency wars do not exist all the time; they arise under certain conditions and persist until there is either systemic reform or systemic collapse. The conditions that give rise to currency wars are too much debt and too little growth.

In those circumstances, countries try to steal growth from trading partners by cheapening their currencies to promote exports and create export-related jobs. Continue reading

In a blow to Trump, Europe seeks gas supplies from Iran

The European Commission vice-president for energy union,Maros Sefcovic, said during a visit to Azerbaijan last week that the European Union was ready to negotiate Iran’s participation in the Southern Gas Corridor (SGC), a system of pipelines designed to pump Azerbaijani gas from the Caspian region to southern Italy via Georgia, Turkey, Greece and Albania.

The European bloc is keen to get its hands on Iranian gas and has already held talks with Tehran on the issue. This means it is unlikely that the EU will budge on its opposition to US President Donald Trump’s demands for revising the Iran nuclear deal. Continue reading

India To Build Major Overseas Military Base Off Africa To Combat China


India is preparing to construct a significant overseas military base on an island in Seychelles, an archipelago of 115 islands in the Indian Ocean, off East Africa to counter growing Chinese influence in the Indian Ocean.

Last month, Seychelles and India signed a twenty-year agreement, permitting the Indian military to build an airbase and naval installations on Assumption Island, a small island in the Outer Islands of Seychelles north of Madagascar, said Seychelles News Agency. Continue reading

U.S. Plans Largest Ever Oil & Gas Lease Sale In Gulf Of Mexico

offshore rig


The largest oil and gas lease sale for waters in the Gulf of Mexico in U.S. history will occur on March 21st, according to an announcement by the Trump administration on Friday.

Less than a year ago, a similar auction in the same body of water generated little interest from energy companies. Continue reading

Oil World Turns Upside Down as U.S. Sells Oil in Middle East

  • Cargo said to be condensate meant for Abu Dhabi’s splitters
  • U.S. exported about 700,000 barrels to U.A.E.: Census Bureau

The United Arab Emirates, a model Persian Gulf petro-state where endless billions from crude exports feed a giant sovereign wealth fund, isn’t the most obvious customer for Texan oil. Continue reading

Cold War: U.S., Russia, China in Polar Race


Experts Believe As Much As $35 Trillion In Untapped Oil And Natural Gas Lurks In The Arctic Circle.

In what is being described as the “New Cold War,” the U.S., Russia, and China are all angling for the greatest share of influence and control in a part of the world few can even access. Continue reading

Iran and Russia Just Revealed How They’ll Upend the Petrodollar


Iran and Russia just took a page out of Venezuela’s playbook.

Like Caracas announced on Dec. 4, Moscow and Tehran are looking into cryptocurrencies as a means of upending the U.S. petrodollar’s reign over the global oil market, Cointelegraph reported on Dec. 11.

For its part, crypto’s rise in popularity of late does make for an enticing investment choice, especially with Bitcoin’s 150% surge over the past month. Continue reading

Thousands of Russian private contractors fighting in Syria

Visitors and Russian military police officers walk toward the Citadel, Aleppo’s famed fortress. Russian news outlets say thousands of Russians have been deployed in Syria by a shadowy, private military contractor since 2015. When President Vladimir Putin announced Monday Dec. 11, 2017, that Russia’s campaign in Syria was drawing to a close, he did not mention this secret force.


MOSCOW (AP) — Before he was killed by a sniper in Syria at age 23, Ivan Slyshkin wrote a poignant message on social media to his fiancee: “We will see each other soon — and I will hold you as tight as I possibly can.”

But Slyshkin’s name won’t be found among the Russian Defense Ministry’s official casualties in the fight against Islamic State extremists. That’s because the young man who left his hometown of Ozyorsk in the Ural mountains was one of thousands of Russians deployed to Syria by a shadowy, private military contractor known as Wagner, which the government doesn’t talk about.

Slyshkin’s gravestone depicts him holding a machine gun, according to a local news website that sent a reporter to his March 2 funeral in Ozyorsk, where friends said he joined Wagner to earn money to pay for his wedding. Continue reading

Russia, China Secretly Support North Korea


Fuel shipments into the rogue nation show that Moscow and Beijing are still keeping the Kim regime afloat.

The prices of fuel inside North Korea have plunged over the last month or so, thanks to an influx coming into the country from Russia via China. Continue reading

Maduro to Create Venezuelan Cryptocurrency ‘To Overcome the Financial Blockade’

Venezuelan President Nicolas Maduro / Getty Images


Venezuelan President Nicolas Maduro wants his own version of Bitcoin, announcing Sunday that his socialist government will create a cryptocurrency.

Maduro said on his television show that the new “petrocurrency” will be backed by reserves in oil, gas, gold, and diamonds, Bloomberg reports. Bitcoin, the world’s largest digital currency, hit new highs last week, and Maduro declared that his plan will counteract the economic disaster that is befalling the Venezuelan bolivar, which has experienced hyperinflation as the country’s economy has collapsed. Continue reading

New US military moves in the Mid-East & Israel’s Syria air raid were coordinated


The US hands-off to Iran’s top general in Iraq, Ali Abdullah Saleh’s changeover of sides in the Yemen war and Trump’s’ thinking on Jerusalem – all signal a new, proactive US strategy for the region.

Central Intelligence Agency chief Mike Pompeo was uncharacteristically frank when he addressed high-ranking US military and security officials on Saturday, Dec. 2, at the Reagan Presidential Foundation. He revealed that he had sent a note to the Iranian Revolutionary Guards Al Qods chief, Gen. Qassem Soleimani, and explained: “I sent it because he had indicated that forces under his control might in fact threaten US interests n Iraq.” Continue reading

OPEC’s Clash With U.S. Oil Is Nearing Its Day of Reckoning


  • Strategy of cartel has helped to deplete half surplus stocks
  • Bolstering prices is emboldening American shale-oil drillers

The clash between OPEC and America’s oil industry is reaching a day of reckoning.

The U.S. shale revolution is on course to be the greatest oil and gas boom in history, turning a nation once at the mercy of foreign imports into a global player. That seismic shift shattered the dominance of Saudi Arabia and the OPEC cartel, forcing them into an alliance with long-time rival Russia to keep a grip on world markets. Continue reading

The Saudi-Iran Brewing War


The turmoil in the Middle East has been instigated in part by fiscal mismanagement. When the money was rolling in with high oil prices, it was assumed, as always, that whatever trend is in motion will remain in motion. Consequently, the government expanded their spending assuming money would continue to flow in. When oil broke, the fiscal mismanagement has been exposed for all to see if they care to look.

Falling oil prices have decimated revenues and trade in the region. Security worries about terrorism, particularly in the US, have led to cuts in airline routes. Then there has also been a long-running diplomatic and trade impasse between Saudi Arabia and its allies on the one hand, and Qatar on the other. Now the good-old-days of easy money and rapid growth has led to concerns about over-capacity, waste, and corruption that nobody cared about when money flowed like oil.

Continue reading

Saudi Arabia’s Saturday Night Massacre

This weekend, while we here in the US were focused on the upcoming election and President Trump’s visit to Asia, a powerful drama with vast geopolitical implications played out in Saudi Arabia.

Mohammad bin Salman, the king’s son, is the de facto ruler of the country and has been making increasingly aggressive moves in an attempt to shift Saudi Arabia from its status as an ultraconservative oil-producing nation to a 21st-century manufacturing superpower with social mores to match. In doing so he has greatly perturbed a broad swath of the Saudi elite – many of them his near and distant royal family brethren – as well as the fundamentalist Wahhabi clergy. Continue reading