Iran

Multipolar World Order: Economics Vs. Politics

The transition from a unipolar to a multipolar reality has already changed many aspects of international relations. A revolution that will change everything like nothing in recent history is taking place, forever altering the delicate balance upon which international relations hitherto rested.

Yemen Offers Russia Use Of Its Airports And Ports In "Fight Against Terrorism"

A newly-formed governing council in Yemen could work with Russia to "fight terrorism" by allowing Moscow use of the war-torn country's military bases, Yemen's former president said on Sunday.  "In the fight against terrorism we reach out and offer all facilities. Our airports, our ports... We are ready to provide this to the Russian Federation," Saleh said in an interview.

Oil Rally At Risk After Niger Delta Advisors Announce Ceasefire

Nigeria's militant Niger Delta Avengers announced overnight on their website, that the would cease “hostilities in the Niger Delta against all interest of the multinational oil corporations,” to support talks with govt to end conflicts adding that it promises "to fight more for the Niger Delta, if this opportunity fails."

America's "Humanitarian War" Against the World

The media, intellectuals and the politicians, in chorus, obfuscate the unspoken truth, namely that the US-NATO led war destroys humanity. When the lie becomes the truth there is no turning backwards. When war is upheld as a humanitarian endeavor, Justice and the entire international legal system are turned upside down: pacifism and the antiwar movement are criminalized. Opposing the war becomes a criminal act. Meanwhile, the war criminals in high office have ordered a witch hunt against those who challenge their authority. The Big Lie must be exposed for what it is and what it does.

President Obama Violated The Law With His Ransom Payment To Iran

The circumstances of Obama’s enormous cash transfer to our terrorist enemies raise serious questions about whether American policy against paying ransoms to terrorists has been flouted. But that should not obscure a more fundamental issue: The president has violated the law.

Ryan Lochte Issues "Apology For His Behavior"

"I want to apologize for my behavior last weekend -- for not being more careful and candid in how I described the events of that early morning...  It's traumatic to be out late with your friends in a foreign country - with a language barrier - and have a stranger point a gun at you and demand money to let you leave."

Oil Prices Continue To Rise On Hollow Saudi Comments

This is just the latest confirmation that Saudi Arabia has taken center stage when it comes to oil. Nobody cares anymore about fundamentals, everyone listens to what Riyadh says. If Riyadh is bullish on oil, then oil prices rise, despite any production data that might contradict their words. If Riyadh decides for some reason to be bearish, the market follows. The extent of this dependency of traders on every word that comes out of Khalid al-Falih’s mouth (and other Saudi officials) becomes all the more evident in light of the latest production forecasts for Saudi Arabia.

Frontrunning: August 19

  • European shares, oil ease as markets return to Fed-watching (Reuters)
  • Brent crude slides, but on track for third week of gains (Reuters)
  • Rio 2016: Lochte’s Teammates, USOC Join With Police in Discrediting Robbery Story (WSJ)
  • OPEC Freeze Wouldn’t Be So Potent as Gulf Rivals Pump More (BBG)
  • Hackers targeted Trump campaign, Republican Party groups (Reuters)

State Department Admits Obama Lied - $400 Million Payment To Iran Was Contingent On Prisoner Release

If you define "ransom" as "a payment exchanged contingent on the release of a hostage" then you find yourself forced to admit that President Obama lied last week when he aggressively denied (and was irked at the question) that he paid Iran a $400 million ransom for the return of 4 hostages.  Today, The State Department's spokesperson John Kirby told the truth that the Iran payment was contingent on the prisoner release... but of course spun this 'ransom' payment as masterful diplomacy "deliberately leveraging the moment."

The Benefits (And Hazards) Of Trumpism

Donald Trump’s most recent foreign policy speech, in which he explained how he would deal with the Islamic State (ISIL) and the Middle East in general, contained multitudes – everything good and everything questionable about his brand of “America First” nationalism. Here is Trumpism on full display, the common-sensical and the nonsensical intertwined. While we realize a presidential election campaign is not the time for nuance, it behooves us to pull apart these disparate strands if we want to understand this moment in our history.

Frontrunning: August 18

  • World stocks rise, dollar weakens on divided Fed  (Reuters)
  • U.S. Held Cash Until Iran Freed Prisoners (WSJ)
  • Brazil police pull U.S. swimmers from flight amid robbery probe (Reuters)
  • Rio’s Latest Headache: Loads of Empty Seats (WSJ)
  • Clinton Foundation hired cyber firm after suspected hacking (Reuters)

Obama Lied: New Details Confirm $400 Million Given To Iran Was Indeed "Hostage Ransom"

For the self-described "most transparent administration ever" it appears keeping the lies straight is becoming harder and harder. Having slammed the press, Donald Trump, and anyone who dare mention the "lack of logic" in paying a $400 million ransom for 4 Iran hostages, WSJ reports that Treasury officials have confirmed that Obama lied and in fact, the tightly scripted exchange of cash was specifically timed to the release of several American prisoners held in Iran. Trump was right again.