War

The US Supreme Court has upheld a judgment allowing families of victims of Iranian-sponsored terrorism to collect nearly $2 billion in compensation. The court ruled 6-2 in favor of relatives of the 241 Marines who died in a 1983 terrorist attack in Beirut and victims of other attacks that the courts also linked to Tehran. The issue however, is not whether Iran should pay, but whether Congress has infringed upon the territory of the judiciary by essentially awarding damages.

Here we go again...OIL PRODUCERS MEETING TO REVIVE OUTPUT FREEZE PROPOSAL: IRAQ

Seriously - are we really going to start this again!???

• *OPEC, OTHER PRODUCERS TO MEET IN RUSSIA POSSIBLY IN MAY: IRAQ
• *IRAQ SEES OIL PRICES RISING SLOWLY DESPITE DOHA TALKS OUTCOME
• *IRAQ OIL EXPORTS TO STAY AT 3.9M B/D IN MAY: DEP. OIL MINISTER

Of course the algos love it...

While Congress is scrambling to sweep the recently introduced Bipartisan bill that would allow US families to sue Saudi Arabia for Sept 11, Barack Obama has just landed in Saudi Arabia to reassure his close ally that all is under control.

President Obama with Saudi Crown Prince Mohammed bin Nayef, center, and Deputy Crown Prince Mohammed bin Salman, in May 2015

As the WSJ reports, Obama arrived today in the Saudi kingdom for a brief trip "meant to provide reassurances to Gulf allies and to bolster his own foreign-policy legacy."

President Vladimir Putin has endorsed Republican front-runner Donald Trump, saying that he hopes Trump becomes the next U.S. President so that the Saudi Arabia problem can be finally dealt with.  Speaking at an annual international forum in Vladivostok, Putin criticised Obama’s foreign policy, saying that Russia will not tolerate Washington’s provocative expansion in the Baltic Sea – warning that Russia is fully prepared to defend itself.

Authored by Paul Craig Roberts,

When Ronald Reagan turned his back on the neoconservatives, fired them, and had some of them prosecuted, his administration was free of their evil influence, and President Reagan negotiated the end of the Cold War with Soviet President Gorbachev. The military/security complex, the CIA, and the neocons were very much against ending the Cold War as their budgets, power, and ideology were threatened by the prospect of peace between the two nuclear superpowers.