Having failed to "rebalance" the oil market in the first six months following the implementation of the Vienna production cut agreement, with crude inventories in the US hitting all time highs in the interim...
Authored Op-Ed by Pepe Escobar via SputnikNews.com,
James Shea, Deputy Assistant Secretary of Emerging Threats at NATO – now that’s a lovely title – recently gave a talk at a private club in London on the Islamic State/Daesh. Shea, as many will remember, made his name as NATO’s spokesman during the NATO war on Yugoslavia in 1999.
After his talk Shea engaged in a debate with a source I very much treasure. The source later gave me the lowdown.
Kuwait imposed a visa ban on 5 Muslim-majority countries in a temporary move, similar to the recent one by US President Donald Trump. Although the ban has been in place since 2011, Kuwaiti officials insist it is only a “temporary ban.” As Islamophobia grips the world, Kuwait suspends issuance of visas to nationals of Syria, Iraq, Pakistan, Afghanistan and Iran, spreading fear among Muslims and along Islam’s two main sects, Sunni and Shia.
Oil prices hit 18-month highs on the first full trading day of 2017, following reports by Al-Ansa newspaper that OPEC member Kuwait has cut output by 130,000 barrels a day to about 2.75 million a day, according to Kuwait Oil Co. Chief Executive Officer Jamal Jaafer. Meanwhile, Oman was sait to cut 45,000 barrels a day from 1.01 million, the Oil Ministry’s Director of Marketing Ali Al-Riyami said on Oman TV.
Lat month more than 8500 people were hospitalized and at least eight others died after a bizarre thunderstorm left emergency services stretched beyond capacity. A similar event has now been reported in Kuwait, with claims that thunderstorm activity triggered a mass reaction and nearly a thousand people were taken to the hospital with severe asthma. At least five people have also died. What is really going on? SHTF reports: Is a covert, deadly substance being deliberately sprayed from planes (as governments did back in the sixties, and countless times since)?