Lars Schall explores the time-honored tradition of following the money in an attempt to discover answers to yet unresolved questions regarding the terrorist attacks of 9/11 in New York City. Mr. Schall is an independent investigative journalist that has produced many hard-hitting pieces regarding Central Bankers' manipulation of gold prices, and the failure of the US Central Bank (The Federal Reserve) to return all of Germany's gold reserves in the past.
Surprise! The global oil industry is corrupt. As Huff Post reports: "A massive leak of confidential documents has for the first time exposed the true extent of corruption within the oil industry, implicating dozens of leading companies, bureaucrats and politicians in a sophisticated global web of bribery and graft. After a six-month investigation across two continents, Fairfax Media and The Huffington Post can reveal that billions of dollars of government contracts were awarded as the direct result of bribes paid on behalf of firms including British icon Rolls-Royce, US giant Halliburton, Australia’s Leighton Holdings and Korean heavyweights Samsung and Hyundai."
Iran's Future Is In Missiles, Not Dialogue, And Anyone Who Says Otherwise Is "Ignorant Traitor": AyatollahSubmitted by Tyler Durden on 03/30/2016 13:30 -0400
The US and its Mid-East allies are furious at Iran for a series of ballistic missile tests that Washington thinks may well violate a UN Security Council resolution. And while some Iranian politicians are prepared to take a conciliatory stance, the IRGC and the Ayatollah are having none of it.
- Bad News Is Great News: Cautious Yellen drives world stocks near 2016 peaks (Reuters)
- Yellen Spurs Global Stock Rally as Oil Rebounds, Dollar Tumbles (BBG)
- Trump drops pledge to back Republican presidential nominee other than himself (Reuters)
- Second judge says Clinton email setup may have been in 'bad faith' (Reuters)
- Brussels Airport Remains Shut as Police Hunt Third Attacker (BBG)
The stakes are rapidly rising in Doha given another supposed ‘freeze’ announcement would actually be read as outright OPEC / Russia failure without clear signals the market will see actual cuts. Doha doesn’t make for a quick kill. It merely prolongs the agony far deeper and far longer. Perhaps for some, that’s the redemptive point from US redetermination...
Props to Saudi Arabia. Unlike other producers, including U.S. shale producers, it maintained financial strength and flexibility during the last boom. When it began to shift the paradigm of global supply, the kingdom was explicit about its goal - market share - even if it didn’t always trumpet the proactive steps it was taking towards that goal. The now-evident objective of low prices, having been achieved and sustained, begs the question of why Saudi Arabia defended its market share.
"Key commodities markets such as oil and copper already face overhangs of excess production capacity and inventories, but also now face another obstacle in the recovery process, that of positioning which is now approaching bullish extremes. The risk for commodities is that investors seek to liquidate long positions quickly and in unison, with potentially highly negative consequences for prices." Look out below...
Fidel Castro Slams "Illustrious Visitor" Obama's "Honeyed Words", Cuba "Needs No Gifts From The Empire"Submitted by Tyler Durden on 03/28/2016 09:02 -0400
Having spent a couple of days glad-handing (and watching baseball) with Raul Castro in Cuba, 89-year-old Fidel Castro has come out swinging against "the empire" with a bristling 1500-word open letter recounting the history of US aggression against Cuba suggesting Obama "reflects and doesn't try to develop theories about Cuban politics." Despite all of The White House's claims of progress, Castro rages "we don't need the empire to give us any presents."
"The meeting is turning more and more into a farce,” analysts at Commerzbank led by Eugen Weinberg said in a report. “It is hardly surprising that Libya is not interested in the Doha meeting. Like Iran, it first wants to increase output and then talk about a freeze."
- Terror Network’s Web Sprawls Beyond Brussels and Paris (WSJ)
- Dollar firms, Asia stocks slip as U.S. data, Fed comments awaited (Reuters)
- Pakistanis hunt militants behind blast that killed at least 70 (Reuters)
- Biden-Clinton Friction Hangs Over Campaign (WSJ)
- Japan opens radar station close to disputed isles, drawing angry China response (Reuters)
- Google Search Technique Aided N.Y. Dam Hacker in Iran (WSJ)
"I thought the approach of fighting Assad and ISIS simultaneously was madness, and idiocy. They’re fighting each other and yet we’re fighting both of them. You can’t be fighting two people that are fighting each other, and fighting them together."
After a weeks long siege, Bashar al-Assad's army, backed by Russian air power and Hassan Nasrallah's forces, has overrun the ancient city of Palmyra, driving ISIS out of the UNESCO world heritage site and back towards Deir el-Zour. This is a "significant achievement", Assad said. It offers "new evidence of the effectiveness of the strategy espoused by the Syrian army and its allies in the war against terrorism."
History teaches that ethnic minorities can bring about unrest in the long run. Current European leadership and European leading elites have maneuvered Europe into a situation that will spin out of control and result in a vicious circle of violence. Europe faces an existential crisis.
"The United States must choose! It’s up to you whether the nation called the United States exists on this planet or not.”
A physics teacher by trade, Mosul-born al-Qaduli was ISIS before ISIS was ISIS. He served as a deputy to Abu Musab al-Zarqawi (Islamic State’s “godfather”) and was jailed by the US in Iraq in 2012. Upon his release, he joined ISIS and reportedly was Bin Laden’s choice to lead the group after Abu Omar al-Baghdadi and Abu Ayyub al-Masri were killed in 2010. And he's no stranger to being dead...