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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Venezuelan Collapse? Wishful Thinking?

The oil and business press is abuzz with predictions of an imminent Venezuelan financial collapse, as a prelude to its political implosion, which should oust President Maduro and erase the Hugo Chaves ambitious experiment. Continue reading “Venezuelan Collapse? Wishful Thinking?”

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US Steps on Chinese Toes

DAILY BASKET – NEWS COMMENTARY

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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North Korea: Bluff, Show-Biz Or Both?

North Korea: Bluff, Show-Biz Or Both?

Trump’s powerful “armada” ordered to the North Korean coast seems to have splintered. On April 19th, it was reported that part of the fleet had veered off in the opposite direction towards the Indian Ocean, another towards Australia. The Press was aghast. It expected a mini Armageddon Continue reading “North Korea: Bluff, Show-Biz Or Both?”

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The Village Building


The Village Building

Once upon a time, there was a rural village that lay beside a beautiful serene lake. The villagers were envious of the city dwellers, and wishing to emulate their perception of civilization and modernity, decided to build a multi-story building that houses a supermarket, offices, and apartments Continue reading “The Village Building”

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Poker and US International Relations


Poker and US International Relations

We all know that Donald Trump (Pres.) is a shrewd and street-smart business wheeler-dealer. And we also know that bluffing and bullying are essential tools of street business… as well as poker. However, for these tools to work successfully, they must be accompanied by a clear vision and specific objectives. Otherwise, they soon spend themselves out and lose their effectiveness. Continue reading “Poker and US International Relations”

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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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Arab Bank Sued In US Courts For Terrorism

DAILY BASKET – NEWS COMMENTARY

Arab Bank Sued In US Courts For Terrorism

MARSAL COMMENTS: The US Supreme court will hear a case against the respectable “Arab Bank” of Jordan, for acting as a bank used by terrorists. The plaintiffs, approximately 6000 victims of terrorist acts dating as far back as 1995 up to 2005, are claiming millions in compensation. Continue reading “Arab Bank Sued In US Courts For Terrorism”

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