Iran

"Politically Correct" German MP Demands Probe Over Police Shooting Of Axe-Wielding Jihadist

After the blood-filled train - an eyewitness said it "looked like a slaughterhouse" - came to a stop, the teenager jumped off and tried to escape. Surrounded by police, he lunged at them with an axe. Police shot the attacker dead because "there was no other option." Green Party MP Renate Künast criticized the police for using lethal force, tweeting: "Why could the attacker not have been incapacitated without killing him???? Questions!" Künast's comments provoked a furious backlash.

Beyond 28 Pages: The US - Saudi Relationship Starts To Fray

Answers about Saudi Arabia’s involvement in 9/11 may prove elusive and forever unknown. But more than ever, questions are being raised and subsequent actions are being taken in relation to Saudi Arabia, extending far beyond what’s contained in the 28 pages of fourteen years ago and portending a new realignment of the US and other western countries’ long-standing relationship with this Middle East power.

End Of An Era: The Rise And Fall Of The Petrodollar System

"The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or euros. The sooner the better."

The New Middle East: Exit America Enter Russia

Is the genie finally out of the bottle? A myriad of seemingly unrelated events and loose ends are converging in a manner that points in the direction of a huge win for Russian diplomacy in the Middle East, and we only need to connect the dots to see this scenario unfolding. What dots, one might ask?

Full Text Of Donald Trump's Convention Speech

To all Americans tonight, in all our cities and towns, I make this promise: We Will Make America Strong Again.
We Will Make America Proud Again.
We Will Make America Safe Again.
And We Will Make America Great Again.
THANK YOU.

The Peak Oil Paradox - Revisited

Is 'Peak Oil' dead and buried forever, or is it lurking in the shadows, waiting to derail the global economy again?

Turkey Latest: Tens Of Thousands Purged; "Gulenist Media" Shut Down; Pilots Behind Russian Jet Downing Arrested

Turkish president Erdogan continues his witch hunt purge for the third day, and as of this morning the office of the Turkish prime minister removed from duty 257 staff suspected of being linked to the failed coup Reuters cites a source in the PM’s team as saying Tuesday. The number of those suspended from duty in the PM’s office has reached 10 percent of the estimated 2,600 total personnel of Prime Minister Binali Yildirim’s staff.

Frontrunning: July 19

  • Turkey's Erdogan recounts night of coup, mulls death penalty (AP)
  • Dissidents Silenced, GOP Convention Turns Attacks on Clinton (WSJ)
  • U.S. police deaths build momentum for law to treat attacks as hate crimes (Reuters)
  • Police across US patrolling in pairs after ambush attacks (AP)
  • UK will not invoke EU Article 50 this year, government lawyer says (Reuters)

How Aristocracies Benefit Both From Racism And From Anti-Racism

In theocratic Iran, the clergy determine what final choices the public will have; in aristocratic-dictatorial US, the aristocracy do. Bigotry, and its natural response – anti-bigotry – both advance the cause of the aristocracy, anywhere. It’s not just divide-and-conquer. It’s also redirect-and-distract.

Why Oil Prices Might Never Recover

Two years into the global oil-price collapse, it seems unlikely that prices will return to sustained levels above $70 per barrel any time soon or perhaps, ever. That is because the global economy is exhausted. The current oil-price rally is over and prices are heading toward $40 per barrel. Oil has been re-valued to affordable levels based on the real value of money. The market now accepts the erroneous producer claims of profitability below the cost of production and has adjusted expectations accordingly. Be careful of what you ask for.