Iran

Tyler Durden's picture

Secret Pentagon Report Reveals US "Created" ISIS As A "Tool" To Overthrow Syria's President Assad





The revelation from an internal US intelligence document that the very US-led coalition supposedly fighting ‘Islamic State’ today, knowingly created ISIS in the first place, raises troubling questions about recent government efforts to justify the expansion of state anti-terror powers.

 
Tyler Durden's picture

"New Silk Road" Could Change Global Economics Forever, Part 1





China is building the world’s greatest economic development and construction project ever undertaken: The New Silk Road. The project aims at no less than a revolutionary change in the economic map of the world. It is also seen by many as the first shot in a battle between east and west for dominance in Eurasia. For the world at large, its decisions about the Road are nothing less than momentous. The massive project holds the potential for a new renaissance in commerce, industry, discovery, thought, invention, and culture that could well rival the original Silk Road. It is also becoming clearer by the day that geopolitical conflicts over the project could lead to a new cold war between East and West for dominance in Eurasia.

 
Tyler Durden's picture

This Is How You "Boost" GDP: US Sells Over $4 Billion In Weapons To Israel, Iran And Saudi Arabia





When in doubt how to boost GDP, always revert to that old Keynesian favorite. War.

 
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Where Does the Gold Trade Stand





We have all read the latest crop of media articles challenging gold’s investment relevance. The typical approach to bearish gold analysis is to attribute hypothetical fears to gold investors, and then point out these concerns have failed to materialize. Sprott believes the investment thesis for gold is a bit more complex than simplistic motivations commonly cited in financial press. We would suggest gold’s relatively methodical advance since the turn of the millennium has had less to do with investor fears of hyperinflation or U.S. dollar collapse than it has with persistent desire to allocate a small portion of global wealth away from traditional financial assets and the fiat currencies in which they are priced.

 
Tyler Durden's picture

"Obama's Strategy Against ISIS Is In Ruins"





Over the weekend, a major shift in the balance of power in Iraq took place when Islamic State forces seized the key Iraqi state of Ramadi.  It took barely one day for the neoconservative cries for an aggressive and powerful response when overnight Kimberly Kagan's hawkish think tank, the Institute for the Study of War, came out with its assessment which was at least partially right that "Obama's strategy against the Islamic State in ruins not only in Iraq but also throughout the Muslim world."

 
dazzak's picture

What can we expect from the FOMC minutes?





What to expect from the FOMC minutes...do they even have any idea themselves?

 
Tyler Durden's picture

Chris Christie Calls Snowden Supporters "Civil Liberties Extremists" In His Latest Desperate Neocon Diatribe





“When Edward Snowden revealed our intelligence secrets to the world in 2013, civil liberties extremists seized that moment to advance their own narrow agenda." Well the founding fathers were also “civil liberties extremists” with a narrow agenda. That agenda was laid out in a little something called the Constitution. The most dangerous part of Christie’s language is calling Snowden defenders “extremists.” Christie knows exactly what that term has come to mean, and he deliberately used it.

 
Tyler Durden's picture

Washington’s Shadowy Energy Partnership With Azerbaijan Exposed





Ten Members of the U.S. Congress – along with 32 of their staff members – received secret payments from Azerbaijan’s state-owned oil company to travel to Baku in 2013, to cover the cost of travel, including souvenirs of “silk scarves, crystal tea sets and Azerbaijani rugs.”

 
Tyler Durden's picture

Chinese Hacker Spies Take Over Penn State Engineering Department, School Says





In a remarkable step up the cyber attack accusation ladder compared to last year's attempt to blame North Korea for cyber-sabotaging James Franco and Seth Rogen, the US now claims a sophisticated network of Chinese hackers has been stealing sesnsitive data from Penn State's engineering department for two years. Meanwhile, officials say China may be sending in "legions" of operatives disguised as graduate students to steal US military secrets.

 
Tyler Durden's picture

Cold War 2.0 Caught On Tape: US Military Convoy Crosses Eastern Europe While NATO Sings Karaoke Peace Ballad





A day after Kiev chose hawkish US Senator John McCain to serve on President Poroshenko's advisory committee (spoiler alert: he had to decline), the US military rolls through Romania with a "simple message" for Vladimir Putin and Russia. Meanwhile, European officials hold hands and sing Michael Jackson and Lionel Richie's "We Are The World" at a NATO dinner. And yes, we have the video clips. 

 
Tyler Durden's picture

Frontrunning: May 15





  • The fake: Avon-Offer Hoax Shows It’s Easy to Put One Over on SEC’s Edgar (BBG)
  • And the real: US buyout group TPG snaps up UK discounter Poundworld (FT)
  • El Niño near-certain to last through summer: U.S. climate center (Reuters)
  • Oil Sands Land Becomes Alberta’s Hot Real Estate as Oil Rebounds (BBG)
  • SEC a stumbling block in banks' forex guilty pleas: sources (Reuters)
  • Pimco’s Stocks Chief Maisonneuve to Leave as Funds Closed (BBG)
  • Bank of America’s Woes Test ‘Fixer’ CEO (WSJ)
  • Puerto Rico Governor, Lawmakers Agree on Revenue Proposal (BBG)
 
Tyler Durden's picture

Futures Make Further Record Gains On Bad Economic Data, Lack Of Volume, News And Bund Selling





Was that it for the "reflation" aka Bund-rout trade? One look at German bonds this morning and the sharp, panic selloffs seen in recent days are completely gone making one wonder if the ECB is done selling Bunds the CTAs who were riding the momentum train have all been squeezed out of their long positions and now the trend back to -0.20% can resume only to be followed by another abrupt 6-sigma move as the ECB once again sells inventory to buy itself more monetization runway. As a reminder, the ECB has to buy debt until September 2016 and it won't be able to if the 30-Year Bund is at -0.20% in a few months (or weeks).

 
Tyler Durden's picture

President Obama Explains How Well The Meeting With Persian Gulf "Allies" Went - Live Feed





This should be good... as we explained earlier, analysts have pointed to a growing rift between the Obama administration and the Gulf’s Sunni states over the emerging nuclear deal with Iran as a chief reason for the snub, though the Saudi king, as well as his Bahraini counterpart, have denied such assertions.

 
Tyler Durden's picture

Obama Becoming Global Joke? King Of Bahrain Snubs US President, Meets Horse Instead





Having been 'snubbed' by the new Saudi King Salman, it appears the uneasy relationshipo with our 'allies' in The Gulf is ebbing. In what the State Department will, we are sure, just brush off, Politico reports that the king of Bahrain has apparently also snubbed President Barack Obama, preferring instead to attend a horse show with Queen Elizabeth

 
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