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Pair Of Iranian Oil Tankers Intercepted In Red Sea: Syrian PM

Public Policy

On Sunday Syria’s Prime Minister Hussein Arnous announced that in total seven Iranian oil tankers have been intercepted en route to the country while they were in the Red Sea to date. This includes two which he said were the latest to be detained. This comes amid severe shortages hitting the sanctions-choked as the US continues its economic war. […]

Biden may cancel Keystone XL pipeline permit as soon as his first day in office

Public Policy

U.S. President-elect Joe Biden is planning to cancel the permit for the $9 billion Keystone XL pipeline project as one of his first acts in office, and perhaps as soon as his first day, according to a source familiar with his thinking. FILE PHOTO: A depot used to store pipes for Transcanada Corp’s planned Keystone […]

Why Lockdowns Look Set to Stay

Why Lockdowns Look Set to Stay thumbnail

A year after the lockdown imposed in the Chinese city of Wuhan shocked the world, the tactic is turning out to be an enduring tool for quelling the coronavirus almost everywhere. When the first large-scale lockdown in modern times was implemented in China on Jan. 23 at the start of the Covid-19 pandemic, it was […]

Kunstler: Signs and Wonders

Public Policy

In case you don’t know what condition our condition is in, the name for it is a crisis of legitimacy. Four years of seditious harassment by a “Resistance” within-and-without the US Government culminates in the janky election of a mentally incapable grifter… run by whom? Does anyone seek to know who, exactly, is pulling Joe […]

The Two Faces Of The US Empire

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The Biden/Harris inauguration event is going to be a star-studded celebration spanning an unprecedented five days, a giddy orgy of excitement at a murderous oligarchic empire having a new face behind the front desk after promising wealthy donors that nothing will fundamentally change. This comes at a time when Americans are now reporting that they trust […]

Daniel Yergin takes on energy, climate change and the slow but sure shifts in big power relationships

Daniel Yergin takes on energy, climate change and the slow but sure shifts in big power relationships thumbnail

New energy sources and the climate crisis have transformed not only the planet, but also the global order. Pulitzer Prize-winning author Daniel Yergin speaks on CNA podcast The Climate Conversations about the shifting sands of energy and geopolitics.   Daniel Yergin, author of The New Map. (Photo: Cary Hazlegrove) SINGAPORE: On Sep 14, 2019, the world’s […]

The Deification of Emperor Trump: Following Caligula’s Path

The Deification of Emperor Trump: Following Caligula’s Path thumbnail

  Jake Angeli, high priest of the growing cult of Emperor Donald Trump, dressed as the horned God Cernunnos. The deification of Emperor Trump in Washington, yesterday, didn’t go so well, but we are moving along a path that the Romans already followed during the decline of their empire, including the deification of emperors, starting […]

Saudi Arabia, Russia Reach Oil Compromise, Sending Crude Above $50

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Saudi Arabia and Russia reached a compromise on oil policy among the world’s biggest producers, agreeing to maintain output levels through February and delay any increase until March, according to officials familiar with negotiations. West Texas Intermediary futures, the gauge for U.S. crude, passed $50 a barrel for the first time since February last year […]

Saudi’s MBS says Gulf states sign ‘solidarity and stability’ deal

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Gulf leaders are meeting in Saudi Arabia for their annual summit on Tuesday amid a breakthrough in the long-running dispute between a Saudi-led bloc and Qatar. Saudi Arabia on Monday announced the reopening of land borders with Qatar after a three and a half-year spat that saw the kingdom, Egypt, the United Arab Emirates (UAE) […]

The Fraying of the US Global Currency Reserve System

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Since autumn of 2019, I’ve been bearish on the dollar, meaning I have a longish-term outlook towards a weaker dollar. This view began forming when the Federal Reserve cut interest rates in summer 2019, and then the view solidified with a catalyst after an overnight repo rate spike in September 2019 forced the Fed to […]

Klaus Schwab: 2021 should be year of the ‘Great Reset’

Klaus Schwab: 2021 should be year of the ‘Great Reset’ thumbnail

The pandemic has reminded us that we cannot aim solely for higher GDP and profits, on the assumption that maximizing these indicators automatically redounds to the benefit of society. A renewed focus on public health, net-zero pledges and the arrival of Stakeholder Capitalism Metrics will ensure that 2021 will be a new ‘Year Zero’.   […]

Iran Cuts Gas Flows to Iraq, Threatens Further Reductions

Public Policy

Iran has slashed the amount of natural gas it exports to Iraq and threatened further cutbacks over unpaid bills, increasing the likelihood of more electricity shortages in Baghdad and other major cities. Iraq has been receiving 5 million cubic meters a day since Iran cut its daily exports from 50 million cubic meters two weeks […]

The Biggest Energy Bill In A Decade Was Just Passed

Public Policy

After the novel coronavirus turned the entire energy industry on its head, much of the world took the hint and dove headlong into the global clean energy transition, some in the interest of avoiding catastrophic climate change by creating a decarbonized future and others in the interest of staying afloat in a decarbonized economy that […]

2020: The Year Consensus Reality Fractured

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Virtually everyone agrees that 2020 was an abomination. An entire industry of opinion writers is busying itself with end-of-year handwringing, scouring every online thesaurus for adjectives to express just how horrible the last twelve months have been. But what facet of the awfulness to focus on? For the appalled chronicler, the most obvious starting points […]

The Great Reset: An Explainer On The New World Order

Public Policy

Necessity is the mother of all inventions, and the year although plagued with the horrible effects of the pandemic ends on one silver lining. It was a year which led to a plethora of necessities and along with-it inventions and possibly even the spark for the fourth industrial revolution. However, societal progress is not unidirectional, […]

The Next Dollar Problem Has Just Arrived

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It is not for no reason that cryptos are roaring, and precious metals are playing catch-up. In the last month there have been developments that point to a new phase of accelerating monetary inflation for the dollar, and fiat money is only just beginning to be exchanged for these inflation hedges at an increasing pace. […]

Putin Says Russia Reducing Dependence on Oil and Gas

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President Vladimir Putin said Thursday that the Russian budget was becoming less dependent on oil and gas, key exports for one of the world’s dominant petro-economies. Putin told reporters during a marathon end-of-year press conference it was clearly positive that, “70 percent of the Russian budget is not formed by oil and gas revenues”. “We […]

Kunstler: The Gyre Widens

Public Policy

The mind-numbing weirdness of Joe Biden’s insertion into the election of 2020 — like the furtive groping of an intern in a cloakroom — only signals the Democratic Party’s reckless drive to self-destruction, dragging the republic over the edge of an abyss with it. How did this hollowed-out figure of a grifting old pol find […]

The Great Reset and Klaus Schwab

The Great Reset and Klaus Schwab thumbnail

David Solway(American Thinker) Klaus Schwab, the chief proponent of a global project called the “Great Reset,” may be the most influential “intellectual” in the world today. A former member of the UN Advisory Board on Sustainable Development, he is the founder of the World Economic Forum (WEF) that meets annually in the Swiss resort town […]

The ‘reset’ we really need

Public Policy

The idea that the economy needs a ‘great reset’ in the wake of the Covid-19 crisis has gripped the elites across the Western world. Its basic premise is simple: policymakers should promote a recovery from the pandemic that helps to create a greener and cleaner world. In this scenario, as Boris Johnson argued in an […]

Could a Form of “Liberal Fascism” Help Solve the World’s Problems?

Public Policy

Photo credit: Wikimedia Commons In September 2020, in conjunction with the annual meeting of the United Nations, the World Economic Forum organized a summit meeting on what its leader, Klaus Schwab, was calling “The Great Reset.” The Forum convened leaders “from government, business, international organizations and civil society along with a diverse group of experts […]

Kunstler: Offstage Noises

Public Policy

Friday night, the US Supreme Court booted the Texas case against the swing state election janksters, the citation of “standing” likely a cover story for another reason that isn’t strictly legal doctrine but rather a sentiment, namely, that a presidential election dispute belongs more properly in the elected House of Representatives than in the unelected […]

Missiles, bullying claims, a tragic death: what’s going on at Saudi Aramco?

Public Policy

When Alwyn Whitcher took a job with Saudi Aramco in 2017, he believed he was joining a company with a history of valuing the expatriate engineers who helped build and run the desert kingdom’s state oil giant. Three years after the South African started work at the Saudi Arabian cash cow, his dead body was […]

Using the Coronavirus as The Great Reset?

Public Policy

Is the coronavirus cure worse than the virus itself? After almost an entire year of masks, social distancing, lockdowns, unemployment and hits to the economy, it doesn’t SEEM to really be working to return us to normalcy. Also, can we believe the government when it comes to the new vaccine, or do we believe conspiracy-theorist […]

China Set to Bail Out Iraq with Multibillion-Dollar Oil Deal

Public Policy

Iraq is poised to sign a multibillion-dollar contract with China ZhenHua Oil Co., a bailout from Beijing for the cash-strapped government which will receive money upfront in exchange for long-term oil supplies. The deal is the latest example of China, via state-controlled trading companies and banks, lending to struggling oil producers such as Angola, Venezuela […]

China Is Collecting DNA to Wipe Out Some Racial Groups, Alleges Columnist Gordon Chang

Public Policy

Chinas COVID-19 Vaccine Launch by 2020 end? Many countries around the world see China not as a friend but as a threat, due to its internal and international actions. When the Coronavirus pandemic hit the world, many people speculated that it’s a new bioweapon developed by the Chinese authorities. Now, another claim has emerged that […]

Is OPEC finally beginning to unravel?

Is OPEC finally beginning to unravel? thumbnail

Another month, another OPEC “crisis.” It’s the usual problem: The cartel, meeting in Vienna this week, can’t agree on how to balance production with price. The Saudi-led oil exporters, boosted by non-OPEC countries such as Russia and Kazakhstan, can’t control price as such so have to imagine how to agree on output levels that may, […]

Debt slavery & the great reset

Public Policy

In this episode of Keiser Report, Max and Stacy look at the online conversations of a money printer and how financialization has turned Saudi Aramco into a money-losing operation. In the second half, Max continues his conversation with Saifedean Ammous about his new book, ‘The Fiat Standard: The Debt Slavery Alternative to Human Civilization’. They […]

This Was All Predicted 10 Years Ago

This Was All Predicted 10 Years Ago thumbnail

In 2010, the scientific journal Nature published a collection of opinions looking ahead 10 years, i.e., where we are right now. Nature then published a short response from zoologist Peter Turchin in its February 2010 issue. Quantitative historical analysis reveals that complex human societies are affected by recurrent — and predictable — waves of political instability (P. Turchin and S. A. Nefedov […]

“Great Reset” Equals Greater Tragedies For the People

Public Policy

Much has been said in recent months about the so-called “Great Reset,” also known as “The Fourth Industrial Revolution.” Klaus Schwab, founder and executive Chairman of the World Economic Forum (WEF), and Thierry Malleret, founder of the Monthly Barometer, have even co-authored a 2020 book titled “COVID-19: The Great Reset.” Prince Charles of the U.K. […]

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PO Real Time

@damianbruced @robertburke84 good pt; resources to admin them are a likely constraint; my take on VPs (reality) - to act as a disincentive to mass discretionary travel, b/c in reality (#PeakOil) mass air travel is toast. That's going back to maybe 1970s consumption levels anyway.

@claudia_stauber 5/Corbett denies #PeakOil. It's connected to Human Caused Climate Change, in that both are caused by burning 1T BBLs of petroleum in ~100 years. Corbett pushes the "Deep Oil Theory", aka Abiotic or Abiogenic Oil. It's really bizarre pseudoscience. Unicorns & fairy dust.