How China will Surpass the West

 

QUESTION: Marty

I just finished watching “The Forecaster” and I am impressed that you survived what the government did to you. As a former Green Beret from back in the day, I can appreciate what you endured more than most, my hats off to you.

All I can add is I hope to hell that no government including ours every gets your source code; as a former military officer and student of history, I know what our government is capable of. Continue reading

US poised to become world’s leading liquid petroleum producer

The US is overtaking Saudi Arabia to become the world’s largest producer of liquid petroleum, in a sign of how its booming oil production has reshaped the energy sector.

US production of oil and related liquids such as ethane and propane was neck-and-neck with Saudi Arabia in June and again in August at about 11.5m barrels a day, according to the International Energy Agency, the watchdog backed by rich countries.

With US production continuing to boom, its output is set to exceed Saudi Arabia’s this month or next for the first time since 1991. Continue reading

Russia starts reinforcing naval fleet in Crimea

Sevastopol (AFP) – Russia announced Wednesday that it had begun expanding and modernising its Black Sea fleet based in Crimea with new ships and submarines, just months after annexing the peninsula from Ukraine.

“Today we have started forming a powerful Black Sea fleet with an absolutely different level of air service, coastal missile and artillery troops and marines,” said Alexander Vitko, the Black Sea fleet commander, in a message to servicemen. Continue reading

EU Militaries Pool Resources, Reduce Dependence on America

EU nations will invest in joint military projects such as air-to-air refueling and field hospitals as they try to save money and reduce their dependence on the United States, defense ministers from across the European Union decided March 22.

Meeting as part of the European Defense Agency’s Steering Board, they signed declarations of intent in these areas and said they would increase cooperation in procurement and research.

Full article: EU Militaries Pool Resources, Reduce Dependence on America (The Trumpet)