U.S. Supermajors Could Form A New Oil Cartel

 

The ambitious shale growth plans of the U.S. supermajors could in the future allow them to control so much of U.S. shale oil production that they could also control the price of the U.S. light tight oil going to foreign markets in an ‘OPEC of their own kind,’ Investing.com quoted John Kilduff, founding partner at Again Capital, as saying.

Struggle over the Silk Road

 

BERLIN/ROME/BEIJING (Own repot) – The West’s power struggle against China is provoking new tensions between Germany and Italy. According to reports published last week, the Italian government plans to conclude a cooperation agreement with Beijing within the framework of the “New Silk Road” (Belt and Road Initiative, BRI) to benefit from Chinese investments in Italy’s infrastructure, e.g. the Trieste port and Italy’s power grid. China has already invested in several of the EU’s periphery countries, heavily affected by Berlin’s austerity dictate – such as Greece and Portugal – which gladly welcome these investments as relief. The German government is now beginning to make moves against this. Berlin seeks to prevent the People’s Republic of China from increasing its influence within the EU and fears inner-European resistance if it takes aggressive action against its East Asian rival. Fierce debates are expected at the EU summit at the end of next week and at the EU-China summit on April 9.

North Korea’s Satellites Could Unleash Electromagnetic Pulse Attack

 

North Korea reportedly is rebuilding its Sohae satellite launch facility, widely interpreted as threatening to resume intercontinental missile development — ignoring the greater immediate threat from North Korea’s satellites and electromagnetic pulse (EMP) attack.

Dr. William Graham, EMP Commission Chairman, in “North Korea Nuclear EMP Attack: An Existential Threat,” on Oct. 12, 2017, warned Congress:

“While most analysts are fixated on when in the future North Korea will develop highly reliable intercontinental missiles, guidance systems, and reentry vehicles capable of striking a U.S. city, the threat here and now from EMP is largely ignored. EMP attack does not require an accurate guidance system because the area of effect, having a radius of hundreds or thousands of kilometers, is so large.

US warns Germany it will end intelligence sharing if Huawei is given 5G contract

 

The United States has warned Germany that intelligence sharing between the two countries will be threatened if the Chinese telecommunications giant Huawei is awarded a contract to build Germany’s 5G network. The company, Huawei Technologies, is a private Chinese venture and one of the world’s leading telecommunications hardware manufacturers. In recent years, however, it has come under scrutiny by some Western intelligence agencies, who view it as being too close to the Communist Party of China. More recently, Washington has intensified an international campaign to limit Huawei’s ability to build the infrastructure for 5G, the world’s next-generation wireless network. Along with Britain, Australia and Canada, the US is concerned that the Chinese telecommunications giant may facilitate global wiretapping on behalf of Beijing’s spy agencies.

US Citizens Will Need A Visa To Visit Europe Starting In 2021

 

In a world in which most western liberal democracies are slamming Trump for demanding a wall be built on the US southern border to prevent illegal immigrants from entering the US, Europe is about to erect a metaphorical wall targeting legal US travelers, because starting in 2021, U.S. citizens will need a visa to visit most European countries.

“Similar to other countries and regions in the world Europe has recently decided to improve their security level to avoid any further problems with illegal migration and terrorism,” the EU said.

U.S. “Gets Its Ass Handed To It” In World War III Simulation: RAND

 

In simulated World War III scenarios, the U.S. continues to lose against Russia and China, two top war planners warned last week. “In our games, when we fight Russia and China, blue gets its ass handed to it” RAND analyst David Ochmanek said Thursday.

RAND’s wargames show how US Armed Forces – colored blue on wargame maps – experience the most substantial losses in one scenario after another and still can’t thwart Russia or China – which predictably is red – from accomplishing their objectives: annihilating Western forces.

“We lose a lot of people. We lose a lot of equipment. We usually fail to achieve our objective of preventing aggression by the adversary,” he warned.

Niall Ferguson: This is what happens if China wins the new cold war

Russian president Vladimir Putin and Chinese president Xi Jinping. AP

 

The winter of a new cold war is coming between the US and China, renowned Hoover Institution and Harvard historian Niall Ferguson warned The Australian Financial Review Business Summit this week.

Winning it might decide the 2020 US election. Losing it might be the end of a US dollar-dominated global financial system, if not worse. That’s very scary coming from the man who called the scale of the Soviet communist collapse in 1989 and the US mortgage implosion two years early in 2006.

Pakistan Is Ready For War: PM Khan

 

On Friday Pakistani Prime Minister Imran Khan said the country was ready for war and its army would respond if attacked by India or “any superpower” during a speech in southeast Pakistan’s Chachro town, according to Al Masdar News based on televised footage.

“If someone, if it is India or any superpower, wishes to enslave the Pakistani nation, I want to make it clear that my nation and I will fight until the last breath to save our independence,” he said. “Keep in mind; you will receive a befitting response from here.”

Program Accompanying Global Policy

BERLIN (Own report) – Non-governmental organizations are warning that criticism of Berlin’s policies may be repressed by financial pressure applied to organizations critical of the government. The Federal Finance Court has deprived Attac of its public service status. Members of the government coalition parties are demanding that this be also applied to other organizations. The German section of Transparency International warns that this ruling could seriously “restrict” the spectrum of opinions. At the same time, the German government has raised suspicion that student protests for better climate protection are influenced by foreign powers. The French President is calling for the creation of an EU “Agency for the Protection of Democracies” to prevent alleged foreign “manipulations.” Pressure on critics of the government is being intensified at a time when, Berlin and the EU are intensifying their struggles to have leading positions in world policy-making. Historically, the fact that attempts to suppress domestic criticism are made in times, such as these, is nothing new.

Assad in Tehran: Soleimani’s goons snatched him to swear allegiance to Khamenei. Putin retaliates

 

Al Qods Brigades, the Iranian Rev Guards’ external wing, “brought” Syrian ruler Bashar Assad to Tehran on Feb. 27, for an audience with supreme leader Ayatollah Ali Khamenei. This was revealed on Wednesday, March 6, by Al Qods deputy chief Brig.-Gen Esmaeil Qaani in an interview with Iranian media. Assad arrived alone without aides – a sign that he did not come voluntarily. And, indeed, Qaani also admitted that “his men accompanied Assad” all the way to Tehran, another sign that he was virtually snatched for the trip. DEBKAfile’s intelligence sources, who followed this revelation, discovered that Assad was bundled onto an Iranian plane and flown directly to a Revolutionary Guards air base in western Tehran. The only official on hand to receive the Syrian president was Al Qods chief Gen. Qassem Soleimani, who never left his side throughout the visit.

“We Aren’t Slaves”: Erdogan Says Russian S-400s A “Done Deal”, Hints At Future S-500 Upgrade

S-500 Air Defense System, which Erdogan said Turkey could upgrade to in the future, in defiance on Washington. Image via Military and Commercial Technology blog

 

“This is over” — President Recep Tayyip Erdogan said this week as US Congress continues discussion and debate on holding up delivery of Lockheed-produced F-35 stealth jets purchased previously by Turkey due to Ankara’s intent to receive Russian S-400 anti-air defense systems from Russia.

U.S. hits back against Chinese cyberattacks

The Chinese military hacker unit has conducted operations since at least 2013 in support of China’s naval modernization effort. (U.S. Navy) (Photo by: Samuel Shavers)

 

American intelligence and military cyberwarriors have begun conducting counter-cyberattacks against Chinese intelligence and military targets, according to a U.S. official.

The counterattacks are part of a new Trump administration policy designed to retaliate for rampant cybertheft of American technology by the Chinese that has caused estimated losses ranging from $200 billion to $600 billion a year. Details of the U.S. cyberoperations were not disclosed, and the activities remain classified.

The hacking is likely to include theft of Chinese advanced military know-how, such as hypersonic missile technology — an area of military research where China is believed to be ahead of the United States. Another possible target would be technology related to China’s anti-ship ballistic missile technology like that deployed in the DF-21D ship-killing missile. Such technology requires maneuvering warheads and special guidance.

Report: North Koreans Got Desperate After Trump Walked Away

(Photo Credit: Shealah Craighead/The White House)

 

Their offer to shutter Yongbyon didn’t come until after the president ended his talks with Kim Jong-un.

We now have a much different view of what happened behind closed doors during the Hanoi summit between President Donald Trump and Chairman Kim Jong-un that ultimately led to its abrupt ending.

Full-blown Socialism Likely Coming to U.S., Warns Famed Economist

 

President Trump vowed at his State of the Union address “that America will never be a socialist country.” But legendary economist Dr. Thomas Sowell sounded a more pessimistic note this week, saying that as far as avoiding a dystopian socialist future goes, “I wouldn’t bet on it.”

Sowell, a Hoover Institution senior fellow and author of more than 30 books, issued his warning during a Tuesday appearance on Fox Business Network’s Cavuto: Coast to Coast. After being asked by interviewer David Asman if the United States was “destined to go through a period of socialism,” the economist replied, “I do have a great fear that, in the long run, we may not make it.”

“I hate to say that. The one thing that keeps me from being despairing is that we don’t know,” Sowell continued, trying to inject some optimism. “There are so many things that we can’t possibly know. And so, we may make it, but I wouldn’t bet on it” (video below. Relevant portion begins 6:25).

Mad at Bolton? Satellite imagery shows N. Korea rapidly rebuilding missile site

U.S. national security adviser John Bolton

 

Satellite imagery acquired on March 2 shows that North Korea is rebuilding the long-range rocket site at Sohae (Tongchang-ri) which in the past was used to launch satellites with ICBM technology that is banned under UN Security Council resolutions.

“Activity is evident at the vertical engine test stand and the launch pad’s rail-mounted rocket transfer structure,” according to the Beyond Parallel website. “This facility had been dormant since August 2018, indicating the current activity is deliberate and purposeful.”