Asia

NATO has deployed military personnel and weapons on the Russian border in readiness to declare war on Russia, according to Mike Billington, Asia editor for the Executive Intelligence Review.  According to Billington Russia is making the necessary plans to fight World War 3, possibly as early as this summer. Presstv.com reports: Press TV has interviewed Mike Billington, from the Asia Desk of the Executive Intelligence Review in Leesburg, about Russia condemning NATO for granting membership to Montenegro. The following is a rough transcription of the interview.

Jeffrey Stacey is looking forward to how Clinton will conduct foreign policy, which he assumes would have magically remedied almost all current problems overseas:

Submitted by Rakesh Upadhyay via OilPrice.com,

The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran.

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels.

   "I've been coming to Singapore once a year for the last 15 years, and flying in I have never seen the waters so full of idle tankers,"

   - Senior European oil trader a day after arriving in the city-state.

Back in November, when the world-record crude inventory glut was still in its early innings, we showed what we then thought was a disturbing image of dozens of oil tankers on anchor near the US oil hub of Galveston, TX, unwilling to unload their cargo at what the owners of the oil thought was too low prices.