US-Saudi arms mega deal looks to counter Iran

 

Washington has announced a bumper arms deal with Saudi Arabia, heralding the package as a major boost to long-standing security ties and a way to further isolate Iran.

Administration officials claim the agreement — worth $110 billion over the next decade — is the biggest single arms deal in American history, and it will see US defense firms flow everything from ships and tanks to the latest anti-missile systems to the kingdom.

The deal also reportedly includes the renewed sale of precision-guided munitions that had been blocked under president Barack Obama’s administration, for fear the Saudis would use them on civilian targets in Yemen, where Riyadh is prosecuting a war against Iranian-backed Huthi rebels. Continue reading

This “One Belt, One Road” Map Shows China’s Unstoppable Global Growth

 

Look at a One Belt, One Road map showing how much of the world China’s new Silk Road economic initiative will involve and you’ll see one thing right away: This is a massive global undertaking with incredible potential – for China, and investors.

China could invest over $5 trillion into building its Belt and Road initiative over the next 10 years. That could mean a near 50% profit windfall for investors who know where to look… Continue reading

“This Is Probably Just The Beginning” – Chinese Banks Are In Big Trouble

 

With the crackdown on financial system leverage underway, Chinese banks (and securities firms) are in big trouble. As we noted previously, China’s bond curve is inverted, yields are surging, and Chinese regulatory decisions shutting down various shadow-banking pipelines has crushed securities firms’ stocks. However, as Bloomberg points out, as China’s deleveraging efforts cut into banks’ profit margins, rising base funding costs and interbank credit risk concerns have pushed banks’ cost of borrowing beyond the rate they charge customers for loans for the first time in history. Continue reading

Former CIA Director: Contacts, Interactions Between Trump Camp, Russia Not Evidence of Collusion

 

Former CIA Director John Brennan said Tuesday during a congressional hearing that contacts and interactions between Donald Trump’s presidential campaign and Russian officials do not constitute evidence of collusion. Continue reading

Critical: Military on the Streets of Britain

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Country engaged in war with radical Islam.

Theresa May yesterday announced that the threat level in the UK was being raised from”severe” to “critical” meaning that another terrorist attack could be imminent. Continue reading

Chinese Media “Applauds” China’s CIA-Spy Killing Spree: “Washington Has No Idea What’s Going On”

 

China’s Global Times, published by the official People’s Daily, said in an editorial in its Chinese and English-language editions that, if reports of China “systematically dismantling CIA spying operations, killing or imprisoning more than a dozen sources” are true, it was a victory for China.

As we previously detailed, an influential state-run newspaper applauded China’s anti-espionage efforts on Monday after the New York Times said China had killed or imprisoned up to 20 CIA sources, hobbling U.S. spying operations in a massive intelligence breach. Continue reading

Iran shrugs off Trump threats, missile tests to carry on

Iran’s newly re-elected President Hassan Rouhani ridiculed US strategy in the Middle East, dismissing Donald Trump’s summit with Arab leaders as “just a show” and insisting that missile tests will continue.

“Our missiles are for our defence and for peace, they are not offensive. Know that while there is a technical need to conduct missile tests, we will do so and we will ask the permission of no one,” Rouhani told reporters in Tehran.

His comments followed fierce critism from the US president during visits to Saudi Arabia and Israel. Continue reading

D.C. surgeon who operated on Seth Rich: ‘The DNC staffer was alive and well after surgery, before a group of LEOs showed up to the ICU’

WASHINGTON (INTELLIHUB) — A 4-year resident surgeon at Washington Hospital Center claims that Seth Rich was alive and recovering well in facility’s Intensive Care Unit (ICU) after being treated for a total of 3 routine gunshot wounds — that is until a number of law enforcement officers arrived eight hours later kicking most everyone out of the ICU and physically barring doctors and others from attending to Rich. Continue reading

Emergency at US Nuclear Site: “Unusually high” radiation levels reported — Worker: “Everybody’s freaked, shocked, surprised” — Governor: “Alarming incident” — TV: “Major event… Sign the plant is falling apart” (VIDEOS)

 

KING, May 19, 2017 (emphasis added): Another Hanford emergency: signs of another leaking tank… The U.S. Department of Energy is scrambling to deal with the second emergency at the nuclear site in 10 days’ time. Signs have emerged that a massive underground double shell nuclear waste holding tank may be leaking… Now it has been holding hot, boiling radioactive and chemically contaminated waste for 41 years. KING 5 has learned that a… radiation specialist on the crew detected higher than expected readings… Detection equipment was then used to check for contamination that might have become airborne… They found radioactive material on one worker in three spots… “Everybody was freaked, shocked, surprised,” said a veteran worker and KING 5 Hanford source who is in direct contact with crew members… Thursday night’s incident means this could be the second double shell tank to fail. “We are of course concerned it might be a leak,” a Washington state Department of Ecology spokesperson said… The AZ 101 contamination event comes just 10 days after a tunnel collapse at Hanford that caused a site wide emergency… That event could have spewed radioactive particles across the site and beyond… “Today’s alarming incident at Hanford elevates the urgency of the federal government to prioritize and fund all critical cleanup at this aging nuclear reservation,” [Governor Jay] Inslee said in a statement… Continue reading

Increasing Power at the Gulf

BERLIN/KUWAIT CITY (Own report) – Berlin is considering deploying German fighter jets in Kuwait to systematically expand its foothold in this Middle East Emirate. It is not yet clear, whether the Bundeswehr’s Tornados, currently participating in the anti-IS war, will be removed from Incirlik Air Base or where they may otherwise be stationed. The Kingdom of Jordan or the British colony on Cyprus (Akrotiri and Dhekelia) may be alternatives. Kuwait is also an option, given the fact that the German government has been intensifying its cooperation with the Emirate for quite some time – not only economically but also with arms deliveries. Increasing the German military presence in Kuwait would raise German-Kuwaiti relations to new heights. The Bundeswehr would also gain another foothold directly at the Persian Gulf. So far, particularly the US, British and French armed forces have a presence in that region. Continue reading

Russian paratroops move to Syrian border triangle

Military tensions on Syria’s borders with Iraq, Jordan and Syria jumped another notch Monday, May 21, on Day 2 of Donald Trump’s foreign trip, with the arrival of the first Russian ground troops in southern Syria for taking up position opposite US and coalition elite units.

DEBKAfile’s military sources report that, as the US president was preparing to cap his two hectic days in the Saudi capital with a major speech on Islam, before flying to Jerusalem, a Russian contingent of paratroops and special forces arrived at Suweida. It linked up with the Syrian army, Hizballah and other pro-Iranian allies already poised to take on the US, Jordanian, British and Norwegian elite units for control of the strategic 600km long Syrian-Iraqi border and its key crossings. Continue reading

U.S. military satellites in crisis as foreign weapons advance and proliferate

(Associated Press/File)

(Associated Press/File)

 

The U.S. military’s satellite communications are facing a crisis, threatened by a growing array of foreign weapons, including cyberattack capabilities, lasers, electronic jammers and anti-satellite weapons, according to a Pentagon study.

An executive summary of the report by the Defense Science Board warns that military satellite communications used for global operations “will be contested by a myriad of effects ranging from reversible to destructive.”

“The estimated and projected electronic threats against satellite communication (satcom) have rapidly escalated in the last few years and will continue to increase in the foreseeable future,” the report says. Continue reading

Philippines’ Duterte: China threatened ‘war’ over sea row

Philippine President Rodrigo Duterte said Friday China’s leaders told him they were prepared to go to war over competing claims in the South China Sea.

Duterte, who met with Chinese President Xi Jinping and Premier Li Keqiang in Beijing this week, said he was making the threat public in response to domestic criticism he was being too weak with China over the dispute. Continue reading

Merkel worried about Brexit Britain gaining Economic Advantage

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360b / Shutterstock.com

 

Speaking to a group of businesses in Berlin, Merkel said that once the UK formally leaves the bloc, which will currently set to be by the end of March 2019, we will be able to have a bonfire of EU regulations which will make us even more competitive on the world stage, gaining a possible economic edge. Continue reading

Saudis May Enter The Shale Game

 

Flooding the market has quickly emptied the kingdom’s checkbook

In case you missed the past three years, on Thanksgiving Day 2014, OPEC announced it would not cut oil production in the name of gaining customers and growing market share for its members (widely interpreted as Saudi Arabia).

That announcement set off a two + year global commodities price downturn that sent oil from triple digits all the way down to $26 and fostered two years of pain and indigestion in the shale beds of North America that companies are just now getting past. Continue reading