By Pepe Escobar Soon after the impeachment motion against President Dilma Rousseff was approved in the Brazilian Congress by what I chose to call Hybrid War hyenas, President-in-Waiting Michel “Brutus” Temer, one of the coup’s articulators, dispatched a senator to Washington as special paperboy to deliver the news on the coup in progress. The senator in question … Continue reading
By Paul Craig Roberts The Third World War is currently being fought. How long before it moves into its hot stage? Washington is currently conducting economic and propaganda warfare against four members of the five bloc group of countries known as BRICS – Brazil, Russia, India, China, and South Africa. Brazil and South Africa are being … Continue reading
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
The prospects for the creation of a navigable canal between the Caspian Sea and the Persian Gulf are currently being reviewed by Iran and Russia, Mehdi Sanaei, Iran’s ambassador to Russia, said last Friday at a meeting with students at the St. Petersburg State University. Intensified discussions on the possibility of a ‘trans-Iranian’ canal began in 2012, when then-Energy Minister Majid Namjoo told Fars news agency … Continue reading
By F. William Engdahl With the US and EU economic sanctions gone, it’s becoming clear that Iran today wants to build not destroy as the West seems hell-bent to do. The latest is announcement that Teheran has decided to proceed with a major infrastructure project which will take perhaps a decade to complete—an inland canal linking … Continue reading
Ahead of U.S. President Barack Obama’s historic trip to Cuba — which will be the first visit by a sitting U.S. president in 88 years — there are several major companies that are scrambling to negotiate deals to operate in the small island economy. Such names as AT&T, Starwood Hotels, and Marriot have already expressed interest in doing business in Cuba. Other companies that have expressed interested include Delta, … Continue reading
By James Eugene Foreign investors and nations have been actively exploring business and investment opportunities with Iran after economic sanctions were lifted from the Middle Eastern nation in January. Asia Over the past few months, there has been a sharp increase in the number of Asian countries that have ratified investment agreements with Iran. Japan managed to … Continue reading
Suppose a country owes money to another nation’s government or official agency. How can creditors collect, unless there’s an international court and an enforcement system? The IMF and the World Bank were part of that enforcement system and now they’re saying: ‘We’re not going to be part of that anymore. We’re only working for the … Continue reading
Iran’s energy ministry says the country needs $200 billion in foreign investment to develop its oil industry. The country lacks domestic financing to expand the sector, according to Energy Minister Bijan Zanganeh. We will receive $15-20 billion from the National Development Fund, but internal resources are not enough for our needs, the minister said. He … Continue reading
By Michael Snyder It looks like it is going to be another chaotic week for global financial markets. On Sunday, news that Iran plans to dramatically ramp up oil production sent stocks plunging all across the Middle East. Stocks in Kuwait were down 3.1 percent, stocks in Saudi Arabia plummeted 5.4 percent, and stocks in … Continue reading