By Peter Koenig On 19 April 2016, China was rolling out its new gold-backed yuan. Russia’s ruble has been fully supported by gold for the last couple of years. Nobody in the western media talks about it. Why would they? – A western reader may start wondering why he is constantly stressed by a US … Continue reading
By Paul Craig Roberts Having removed the reformist President of Argentina, Cristina Fernandez de Kirchner, Washington is now disposing of the reformist President of Brazil, Dilma Rousseff. Washington used a federal judge to order Argentina to sacrifice its debt restructuring program in order to pay US vulture funds the full value of defaulted Argentine bonds that … Continue reading
On Saturday, North Korea test fired a submarine based ballistic missile off the east coast of the Korean Peninsula. Though the missile only traveled 19 miles, which has led South Korean officials to deem the test a failure, the test is the most successful to date. The US military tracked a previous submarine launch on … Continue reading
By Michael Snyder If you had to make a sudden visit to the emergency room, would you have enough money to pay for it without selling something or borrowing the funds from somewhere? Most Americans may not realize this, but this is something that the Federal Reserve has actually been tracking for several years now. … Continue reading
Rising oil prices ahead of the production freeze talks in Doha added $3.7 billion to the value of Russian output, according to Bloomberg based on data from the International Energy Agency. Saudi Arabia got a $3.3 billion boost. Even the countries not involved in the talks have benefited from the freeze fuss. The US got … Continue reading
By Derrick Broze The Bureau of Alcohol, Tobacco and Firearms and Explosives has claimed ownership of a mysterious box that was removed from a utility pole in Phoenix, Arizona. Phoenix resident Brian Clegg was concerned about a box he witnessed being installed on a power pole. Clegg said the box was facing his house and … Continue reading
In the latest sign that the U.S. has no intention to back down in the South China Sea, the Pentagon has announced plans to launch underwater drones near the Spratly archipelago. . Over the past year, Washington has expressed outrage over a series of land reclamation projects by Beijing in the South China Sea. In a show of opposition, the Pentagon … Continue reading
U.S. President’s low-key arrival and meeting with King Salman underscores tension that has deepened over US policy towards Iran and the war in Syria . Barack Obama arrived to a noticeably low-key reception in Saudi Arabia on Wednesday against a background of mutual irritation in a relationship tested by a turbulent Middle East, plummeting oil … Continue reading
The failure of the world’s leading oil producers to reach an agreement on capping production has been aggravated by the threat of more sparring between Saudi Arabia and Iran over market share. The talks failed after Saudi Arabia, Qatar and the United Arab Emirates said they wouldn’t agree to a deal unless Iran joined in. … Continue reading
By Pepe Escobar The Panama Papers psyops revealed that – ailing – King Salman of Saudi Arabia is among a roast of notorious offshore profiteers “in relation” to “associates”. The House of Saud used British Virgin Islands shell companies to take out at least $34 million in mortgages for lavish houses in London and “a luxury yacht the size … Continue reading