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The Math Behind OPEC's Revised Production Cut Still Does Not Work

The Math Behind OPEC's Revised Production Cut Still Does Not Work

"Whatever it takes."

Saudi Energy Minister Khalid al-Falih and Russia's Energy Minister Alexander Novak

That's what Saudi Energy Minister Khalid al-Falih and his Russian counterpart Alexander Novak said in a statement overnight in Beijing they would do to reduce the global oil inventory overhang, using the immortal phrase coined by ECB's Mario Draghi five years ago in his successful bid to defend the euro. For OPEC, however, "whatever it takes" may not be enough.

The Fruits of the Arab Spring Have Bore an Open Air Slave Market in Libya

The Fruits of the Arab Spring Have Bore an Open Air Slave Market in Libya

Regime change was all the rage under the Obama administration -- especially in the middle east. The pitch was MUH democracy needed to be exported to savage lands, whose populations were largely an illiterate ensemble of archaic tribes hellbent on blowing each other up over the interpretation of their fictional holy books.

Here was two time failed Presidential candidate, Hillary Clinton, flippantly opining about the fate of Libyan leader, Muammar Gaddafi.

https://www.youtube.com/watch?v=EnVpvz7dkGA

Islamic State Eyes North Africa

Islamic State Eyes North Africa

Authored by Peter Korzun via The Strategic Culture Foundation,

The Islamic State (IS) fighters are trying to flee Mosul. No doubt, the US-supported Iraqi forces will establish control over the city pretty soon. At first, IS militants will leave Iraq for the province of Deir-ez-Zor, Syria, to intensify fighting there. But with Syria no longer a safe haven, they’ll have to move elsewhere looking for weak points, like the countries of Maghreb.

Soros-Linked "Undesirable NGOs" Fund ISIS-linked Refugee Boats To EU

Soros-Linked "Undesirable NGOs" Fund ISIS-linked Refugee Boats To EU

Authored by William Engdahl,

 

Investigations by Italian authorities and others have found that NGOs funded by among others George Soros, are actively financing private ships to smuggle tens of thousands of illegal North African refugees into the EU via Southern Italy. The human trafficking is reportedly linked to ISIS smuggling networks. If confirmed by authorities, it could potentially open the NGOs to criminal charges .

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