Saudi Arabia

The New York judge who dismissed claims against Saudi Arabia by families of victims of the 9/11 attacks has ruled against Iran…. despite over a dozen Saudis citizens not Iranians being involved on September 11 Iran was hit with a judgment after failing to defend court claims and have been ordered to pay more than $10.5 billion in damages to families of people killed in the Sept. 11, 2001, terrorist attacks and to a group of insurers.

Submitted by Nick Giambruno via InternationalMan.com,

They met in secret to plan a devastating attack...

Two powerful men, colluding at a palace in the Middle East.

In September 2014, U.S. Secretary of State John Kerry flew to Saudi Arabia. He was there to meet with King Abdullah, the country’s ruler and one of the richest men in the world.

Submitted by Dwayne Purvis via OilPrice.com,

In the geopolitical and oligopolistic global oil market, purely financial supply and demand has often been a secondary force, acting when it is allowed to act. It is the strategic behavior of the producing titans, not their talk or the slow-motion supply-demand balance, which has the real power to move markets. That is the case in the last two years and remains the case in 2016.

Submitted by Artrhur Bermann via OilPrice.com,

Oil prices should fall, possibly hard, in coming weeks. That is because fundamentals do not support the present price.

Prices should fall to around $30 once the empty nature of an OPEC-plus-Russia production freeze is understood. A return to the grim reality of over-supply and the weakness of the world economy could push prices well into the $20s.

A Production Freeze Will Not Reduce The Supply Surplus

While Asian stocks continued their longest rally since August overnight, led higher for the third consecutive day on the back of Japan (+1.3%), Australia (+1.2%) and China (+0.4%) strength, European stocks have as of this moment halted their longest rally since October (Stoxx -0.1%) and U.S. index futures are little changed.