NORTH KOREA’s THERMONUCLEAR TEST

North Korea’s Thermonuclear Test: Challenge to World or Path to Self-Preservation? The year 2016 began on a worrisome note on the Korean peninsula. There has been yet another nuclear test by Pyongyang, which will have…

THE DEATH OF CAPITALISM

Let us state the obvious. Capitalism has failed. It has failed because it failed to deal with climate change.  This was a forseeable, and foreseen disaster.  We knew it, without any reasonable doubt, by the late…

The Secret Behind the Next Global Crash

The World Economic Forum in Davos is submerged by a tsunami of denials, and even non-denial denials, stating there won’t be a follow-up to the Crash of 2008. Yet there will be. And the stage…

China Wades into IRAN-SAUDI Swamp

Iran is back with a bang. And what a bang. The simplistic Western narrative rules that after the end of UN, US and EU sanctions – in fact a few still remain in place – Iran is rejoining global markets. That may be the case – from Tehran clinching a deal to buy 114 planes from Airbus to Iranian oil soon hitting Western markets. But the key question is actually how, at what pace, and with what partners Tehran plans to rejoin global markets. All the commotion, at the moment, predictably revolves around oil. Iran’s Deputy Oil Minister for Commerce and International Affairs, Amir Hossein Zamaninia, said the new oil export target is an extra 500,000 barrels a day within a few months. Tehran may indeed boost production by 600,000 barrels a day in six months, and add up to 800,000 barrels a day in output before the end of 2016.

Reality and Hypocrisy: DPRK Nuclear Test Condemned By Nuclear Powers

The news of another nuclear weapon test by the Democratic People’s Republic of Korea, often referred to in the west as North Korea, has been met with condemnation from the most powerful nuclear armed state of them all, the United States of America, the only nation to have actually used them, against the people of Japan in 1945, and a nation that still retains a first strike strategy against its claimed enemies. This was to be expected from the greatest hypocrite state in the world. But the United States is not the only nuclear weapon state that showed blatant double standards in reaction the news. Both Russia and China have condemned the test of what the DPRK claimed was a miniaturized hydrogen bomb.

The Fed’s Role in the Stock Market Slide

When the Dow Jones Industrial Average (DJIA) and S&P peaked in May 2015, investors were still confident that the Fed “had their back” and that any steep or prolonged downturn in stocks would be met…