Middle East

US To Send Troops, Weapons To Libya To "Fight ISIS"

Just two years after the US provided generous amounts of modern weapons to both the "moderate" Syrian rebels as well as the Iraq military, which then conveniently and almost immediately "fell into the wrong hands" and served to arm what was then a little known group of Muslim fundamentalists that went by the name of the Islamic State, the US is about to do it again.

Falling Chinese Demand Could Intensify The Oil War

The days of global reliance on Chinese demand are soon coming to end as seen by the decline in growth rate, decline in imports, and increase in service sector strength. The implications have already been great as stock markets across the developed world fell into peril when China's GDP growth rate fell below 7 percent. Withdrawal symptoms may last for a while until a recovery in demand alleviates some pressure. But global financial markets will have to adjust to a developed China, and as this "new normal" sets in, it will mean softer demand for commodities. China’s slowing demand for oil will lead to heightened competition for suppliers. For now, it appears that OPEC’s loss is Russia’s gain.

Islamists Infiltrate The Swedish Government

April was the month when the Islamist scandals in the Green Party (Miljöpartiet) came one after the other. The Green Party sits in Sweden's government, along with its coalition partner, the Social Democrats (Socialdemokraterna). They have made themselves known as a party favoring open borders, and with a passionate love for multiculturalism. These infatuations are precisely why the party has been a perfect candidate for Islamist infiltration. Within the Green Party, even to ask the question whether Muslims view Islam as a political force has been considered rude and "Islamophobic."

The Mystery Of Saudi Treasury Holdings Solved: US Reveals Saudi Holdings For The First Time

One month ago, when the NYT reported that Saudi Arabia would liquidate as much as $750 billion in Trasurys should the US pursue legislation that could hold it liable for the September 11 bombings, many asked: does Saudi Arabia own that many Treasurys?  We now have the answer courtesy of a Bloomberg FOIA submission to the US treasury, and our estimate of "far less" Saudi holdings was indeed accurate. As Bloomberg reports, "the stockpile of the world’s biggest oil exporter stood at $116.8 billion as of March."

Who Rules The World? Part 1

The Western picture of world order is that “ever since the end of the Cold War, the overwhelming power of the U.S. military has been the central fact of international politics.” This is particularly crucial in three regions: East Asia, where “the U.S. Navy has become used to treating the Pacific as an ‘American lake’”; Europe, where NATO -- meaning the United States, which “accounts for a staggering three-quarters of NATO’s military spending” -- “guarantees the territorial integrity of its member states”; and the Middle East, where giant U.S. naval and air bases “exist to reassure friends and to intimidate rivals.” The problem of world order today is that “these security orders are now under challenge in all three regions” because of Russian intervention in Ukraine and Syria, and because of China turning its nearby seas from an American lake to “clearly contested water.” The fundamental question of international relations, then, is whether the United States should “accept that other major powers should have some kind of zone of influence in their neighborhoods.”

China Warns US: "Don't Disturb" Hong Kong Social Order; Threatens "Bad Reaction"

"We also remind the United States that certain people on the U.S. side have always wanted to disturb Hong Kong, disturb its socio-economic development, disturb the normal order of its residents' lives, and even use the Hong Kong issue to interfere in China's internal affairs... This can only be futile. The only effect it will have is to cause Chinese people to go on alert and have a bad reaction."

Washington's Military Addiction (And The Ruins Still To Come)

In a Washington that seems incapable of doing anything but worshiping at the temple of the U.S. military, global policymaking has become a remarkably mindless military-first process of repetition It’s as if, as problems built up in your life, you looked in the closet marked “solutions” and the only thing you could ever see was one hulking, over-armed soldier, whom you obsessively let loose, causing yet more damage. But don’t bother to blame the politicians and national security nabobs in Washington for this.  They’re addicts.  They can’t help themselves.  What they need is rehab.  Instead, they continue to run our world.  Be suitably scared for the ruins still to come.

Turkey Threatens Europe: "Unless Visas Are Removed, We Will Unleash The Refugees"

A high-ranking Turkish politician said that Ankara will send migrants back to the EU if the European Parliament won’t grant visa-free travel to Turkish citizens.  Kuzu made several statements on Twitter in anticipation of Wednesday’s session of European parliament, at which visa exemption for Turkish nationals in the Schengen zone, as part of a migrant deal between Brussels and Ankara, was to be discussed. "The European Parliament will discuss the report that will open Europe visa-free for Turkish citizens. If the wrong decision is taken, we will unleash  the refugees!" in what was an unmistakable threat.

American Horror Story: The Shameful Truth About The Government's Secret Experiments

"Of all tyrannies a tyranny sincerely exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience."

Paul Craig Roberts Warns 'Killary' Will Be "The Last American President"

"The question is: will enough insouciant Americans align with the One Percent, the neocons, the men-hating feminists, homosexuals, the transgendered, and other “preferred minorities” to put the US presidency in the hands of an aggressive, corrupt person with a conscience deficit? That is the goal toward which the presstitutes are driving the brainwashed. If we end up with Killary, neither the US nor the world will survive the mistake. She will be the last American president..."

WTI Crude Jumps At Open, Nears $46

Following modest strength in Middle East stocks, it appears the Sunday night algos are currently positive on a new Saudi Oil Minister. June WTI crude has run Friday's highs stops and pushed up around 2.5% at the open on decent volume...

80 Countries Just Slammed The US Over Habit Of Bombing Hospitals

Saudi Arabia, the United States, and their allies have developed a nasty habit of “epidemic” proportions in various military theaters, particularly around the Middle East — bombing hospitals, healthcare facilities, and, in at least one instance, an ambulance. But despite countless pleas from humanitarian organization Médicins Sans Frontières (MSF, Doctors Without Borders), that bombing continues, so the United Nations was finally forced to issue its own resolution on the matter.

Saudi Arabia Gives First Glimpse Of Oil Strategy Under New Minister

"Saudi Arabia will maintain its stable petroleum policies. We remain committed to maintaining our role in international energy markets and strengthening our position as the world's most reliable supplier of energy," Khalid al-Falih said in an e-mailed statement. "We are committed to meeting existing and additional hydrocarbons demand from our expanding global customer base, backed by our current maximum sustainable capacity."