China Silk Road, coming to Oman

DAILY BASKET – NEWS COMMENTARY

China’s New Silk Road (OBOR) is kicking-in and beginning to appear everywhere in Asia, including the Greater Middle East Turkey, Iran and Pakistan). As for the Arabian countries of the Gulf, they are still shuffling Continue reading “China Silk Road, coming to Oman”

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Qatar Sells Most of its Shares in Russian Gas Company

DAILY BASKET – NEWS COMMENTARY

We had reviewed in April 10, 2017 the news that Qatar had begun to increase its investments in Russia. It had invested approx. US$ 2 Billion between 2014 and 2016. Another US$ 1 Billion in 25% of Russian Pulkova airport, and US$ 11 Billion for about 20% of Rosneft Oil Co., the largest oil Continue reading “Qatar Sells Most of its Shares in Russian Gas Company”

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OOPS… Oil Supply could increase 6 times!

MARSAL COMMENTS: Russian scientists have announced a new invention that increases oil well productivity and capacity by six times! They have invented a new “Fracking” method that increases shale oil production by 1.7 to 6 times, and in some Continue reading “OOPS… Oil Supply could increase 6 times!”

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Are European Banks too Risky?

DAILY BASKET – NEWS COMMENTARY

MARSAL COMMENTS: The European Union (EU) is discussing issuing a law that allows the immediate freezing of depositors’ money in banks that show weakness and sustain a run on them.  Continue reading “Are European Banks too Risky?”

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Volvo Switches to Electric Cars

DAILY BASKET – NEWS COMMENTARY

Volvo Switches to Electric Cars

MARSAL COMMENTS: As off 2019, Volvo will phase out petrol engines and produce electric cars. All the other big manufacturers are already in different stages of producing electric cars (pure or hybrid). Tesla, the US electric car manufacturer, will face serious and increasing competition from the big boys armed with economies of scale, marketing muscle power and deep pockets. Continue reading “Volvo Switches to Electric Cars”

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Bunnies Are Good For Your Old Age!

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Bunnies Are Good For Your Old Age!

MARSAL COMMENTS: This is in response to a dear reader’s comment that most of our articles are alarming and gloomy, and suggested that: “We need happy headlines, something with bunnies  and sunshine  “.  Continue reading “Bunnies Are Good For Your Old Age!”

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Air India for Sale

DAILY BASKET – NEWS COMMENTARY

Air India for Sale

MARSAL COMMENTS: The Indian government is planning to sell its “white elephant”, Air India. It continues to make losses and had to be bailed in 2012 with $4.5 Billion of government money. Despite that, it still has $ 8 Billion of debt. Not a very appetizing Continue reading “Air India for Sale”

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US Steps on Chinese Toes

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US Steps on Chinese Toes

MARSAL COMMENTS: The US announcement that it will sell Taiwan $ 1.42 Billion of weapons has China hopping mad. This is not what Trump tacitly agreed with Xi, China’s leader.
Taiwan is a red line for China, and using it to pressure China whether on North Korea, South China Sea or world trade, is rather crass of the US. It seems diplomacy has been put to sleep. Continue reading “US Steps on Chinese Toes”

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US Trade War?

DAILY BASKET – NEWS COMMENTARY

US Trade War?

MARSAL COMMENTS: President Trump seems determined to “Make America Great Again”. One obvious step is to reduce the trade deficit with the world. The US imports far more than it exports. The simple and fast way to do that may be to levy import tariffs on products from the main US trading partners; China and Germany. Continue reading “US Trade War?”

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Saudi Banks And Companies Sued In American Courts For Terrorism

DAILY BASKET – NEWS COMMENTARY

Saudi Banks And Companies Sued In American Courts For Terrorism

MARSAL COMMENTS: First, specially designed US legal weapons (The Alien Tort Statute & JASTA) were created and lined up. Now, they have begun their barrage. First the venerable “Arab Bank of Jordan, and now a batch of Saudi Banks and companies are being sued for “aiding and abetting” terrorism. Continue reading “Saudi Banks And Companies Sued In American Courts For Terrorism”

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