Politics

Russia have accused America of risking nuclear war by installing a long-awaited missile defense system in Europe.  Moscow have said that the American-built system put Russia’s security in danger, suggesting that the country hosting the system, Romania, could be reduced to “smoking ruins” as a result. Nytimes.com reports: “We have been saying right from when this story started that our experts are convinced that the deployment of the ABM system poses a certain threat to the Russian Federation,” the Kremlin spokesman, Dmitri S. Peskov, told reporters in a conference call.

Submitted by Eugen von Bohm-Bawek via Bawerk.net,

Another month, another OPEC meeting beckons for 2nd June. But unlike typical meetings on the Danube (let alone dust filled haze of Doha), the producer group might just have a new King in town. It comes in the form of Russia; the number one global producer that’s not even technically a member of the cartel. Confused? Don’t be. The argument is quite simple.

A shockingly frank new book from an anonymous Democratic congressman turns yet another set of conspiracy theories into consirpacy facts as he spills the beans on the ugly reality behind the scenes in Washington. While little will surprise any regular readers, the selected quotes offered by "The Confessions Of Congressman X" book cover sheet read like they were ripped from the script of House of Cards... and yet are oh so believable...

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

Rep. Brad Sherman (D-Calif.) is criticizing the Obama administration as having tried to strong-arm a former senator who is pushing to declassify 28 pages of the 9/11 report dealing with Saudi Arabia.

 

Submitted by Charles Kennedy via OilPrice.com,

Brazilian President Dilma Rousseff has been suspended from office following a senate vote to initiate her impeachment trial on corruption allegations that lead back to state-run Petrobras, leaving vice-president Michel Temer to take over in the interim, while foreign oil companies wait anxiously to see what this will mean for the industry.

Rousseff has denied any wrongdoing and refers to the impeachment process as a ‘’coup’’.