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A Grand Book From The Saker — Paul Craig Roberts

A Grand Book From The Saker

Paul Craig Roberts

Several years ago a new commentator appeared on the scene. He writes under the pen name, The Saker, and describes himself as European born son of Russian refugees from the Bolshevik Revolution. He has two US college degrees and worked in Europe as a military analyst until his opposition to the US/NATO sponsored wars in Chechnia, Croatia, Bosnia and Kosovo cost him his career. He retooled as a software engineer and began writing in response to the nonsense spewed by the Western media.

Saudi Arabia Unleashes Capital Controls: Bans Bets Against Dollar Peg

Saudi Arabia Unleashes Capital Controls: Bans Bets Against Dollar Peg

14 months ago, Saudi Arabia had a plan.

That plan involved deliberately suppressing the price of crude in order to bankrupt the US shale complex and put pressure on the Russians who were still clinging to the notion that Bashar al-Assad would remain President of Syria.

Preserving crude market share and securing the “ancillary diplomatic benefits” (to quote The New York Times) of lower oil prices has proven to be a trickier proposition than Riyadh originally imagined.

Markets In TurmOIL: Futures Plunge, Japan Enters Bear Market, Crude And Commodity Currencies Crash

Markets In TurmOIL: Futures Plunge, Japan Enters Bear Market, Crude And Commodity Currencies Crash

It all started early last night when the front month oil contract dipped below $28 giving a taste of what was to come. It was all downhill from there.

First Chinese stocks ended the recent ramp higher, with the Shanghai Composite closing down 1% back under 3000, then Japan's rout accelerated with both the Nikkei (-3.7%) and the Topix Index sinking into bear markets, both falling more than 20% from their 2015 highs.

Putin “Pleased” That Leonardo DiCaprio Will Play Him In New Movie

Russian President Valdimir Putin is said to be “pleased” at the idea that Hollywood actor Leonardo DiCaprio might play him in an upcoming movie.  Spokesman Valery Karpov for Russian film production company “Lenfilm” said in a recent interview that they would be interesting in having the US actor for a new film project. Pravdareport.com reports: “It is always interesting to create films. Leonardo DiCaprio is often compared to Lenin in his youth. We have plenty of scenery and props to recreate the era of the revolution,” he said.

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