Via Patrick Buchanan of Buchanan.org,
The founding fathers of the Munich Security Conference, said John McCain, would be “be alarmed by the turning away from universal values and toward old ties of blood, and race, and sectarianism.”
McCain was followed by Foreign Minister Sergey Lavrov who called for a “post-West world order.” Russia has “immense potential” for that said Lavrov, “we’re open for that inasmuch as the U.S. is open.”
Russia and China have prevented the UN Security Council from imposing sanctions on the Syrian government for its alleged use of chemical weapons. On Tuesday they vetoed a UNSC resolution that had been drafted by Britain, France and the United States. The measure won nine votes in favor, while China, Russia and Bolivia opposed it. Russian President Vladimir Putin described the draft resolution as “totally inappropriate” and that it would have undermined efforts to end nearly six-years of conflict in Syria.
One wonders who funded the ‘Leave’ campaign in the UK ‘Brexit’ referendum. A shadowy group with ties to Saudi intelligence donated over US$500,000 to the largest unionist political party in Northern Ireland during United Kingdom’s EU membership referendum. Newly released secret documents reveal that the major donor to the Democratic Unionist Party (DUP) during the campaign was a shadowy group called the Constitutional Research Council, chaired by the Scottish Conservative Richard Cook. Cook is the founder of a company with close ties to Saudi Arabian elite and intelligence service.
A double-whammy of bullish news hit WTI crude futures shortly after 1300ET today sending prices soaring. First, The White House denied earlier rumors on changes to the ethanol mandate; and then Reuters confirmed OPEC production cut compliance steady at 94%.
One month ago, a media frenzy broke out after the WaPo reported of mass voluntary resignations at the State Department, to protest the arrival of Rex Tillerson. Shortly after, it was revealed that not only was it not a "mass resignation" (there were only four high level resignation) but it was all procedural, meant to streamline the transition from one administration to the next.