Why do women who believe in equal rights for women, pick as their spokesperson someone who one minute boasts of her supposed dissent as "patriotism," while the next minute advocating chopping off other womens' genitals?
It is a new global disorder but in this chaos, a return to a multipolar world and the end of 'sole U.S. superpower' status may be a blessing in the long run. In the short run, however, the chaos will confuse every foreign ministry and international organization bureaucracy on every continent.
EIA confirmation of OPEC cut-compliance is trumping the dismal inventory data and surging US production for now. However, as US oil rig counts continue to rise (+8 to 591 - highest since Oct 2015) with US crude production charging ahead with it, the question many should be asking (given all-time record high net long speculative positioning in WTI/Brent) is "what will OPEC do if the market doesn't rebalance?"
Oil jumped this morning, with Brent rising 1%, trading above $56 after the International Energy Agency said OPEC had achieved record initial compliance of 90% with planned production cuts while demand grew faster than expected.
S&P futures rose further into record territory, European shares rose to within striking distance of their highest levels in more than a year while bonds fell and the dollar rose as investors cheered a surge in Chinese trade data amid hopes of "phenomenal" tax cuts by Donald Trump, all of which have rekindled the Trumpflation trade.
"Trump was elected because flyover America is hurting economically. The voters of Wisconsin and Pennsylvania are imperiled not because of some refugees, they're imperiled because their jobs have all been disappearing for decades. The problem is far more the Federal Reserve, Janet Yellen, the bubbles they're creating on Wall Street..."
Flemish Father Daniël Maes (78) lives in Syria in the sixth-century-old Mar Yakub monastery in the city of Qara, 90 kilometers north of the capital Damascus. Father Daniel has been a witness to the “civil war” and according to him, Western reports on the conflict in Syria are very misleading. In short: “the Americans and their allies want to completely ruin the country.”
The Trump Administration is preparing an executive order that would direct the Pentagon to bring future Islamic State detainees to Guantánamo Bay prison, despite warnings from national security officials and legal scholars that doing so risks undermining what increasinly appears as an "illegal" war launched by Obama to combat the terrorist organization
The Trump administration is set to quickly approve multi-billion dollar weapons packages for Saudi Arabia and Bahrain blocked by President Obama during his final months in office over human rights concerns in both nations.
An autopsy has reportedly shown that top Yemeni investigative journalist Mohammed al-Absi, who died under mysterious circumstances in December,was poisoned. He was said to have been investigating oil companies and had recently published a series of reports on government corruption.