Did OPEC Bite Off More Than It Can Chew?

In our previous article (Crisis of Capitalism? Two Missing “Black Swan” Events), we envisioned that the combined weak western and global economies coupled with the Coronavirus COVID-19 pandemic and, then crowned by the Saudi/Russian/UAE flooding of the oil market to crash prices and drive out the US Shale oil producers, could devastate the US and global economies. We Continue reading “Did OPEC Bite Off More Than It Can Chew?”

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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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American Government Pressures US Companies Not To Hire Expats

DAILY BASKET – NEWS COMMENTARY

American Government Pressures US Companies Not To Hire Expats

MARSAL COMMENTS: The US Government is actively pressuring companies to hire Americans instead of foreigners, even for hi-Tech jobs that are difficult to fill locally. Continue reading “American Government Pressures US Companies Not To Hire Expats”

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Another Shift In US Policy – Syria!

DAILY BASKET – NEWS COMMENTARY

Another Shift In US Policy – Syria!

MARSAL COMMENTS: Last week, Trump and his administration stated what in effect was their acceptance of Assad remaining as president of Syria. Then, surprise, a well-timed chemical attack in Syria’s Idlib region a few days later, gave the US the justification to switch back to its original anti-Assad stance. Not only so, but is now threatening to act unilaterally if the UN and the rest of the world doesn’t take appropriate action. Continue reading “Another Shift In US Policy – Syria!”

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US BEGINS TO PRESSURE PALESTINIANS

DAILY BASKET – NEWS COMMENTARY

US BEGINS TO PRESSURE PALESTINIANS

MARSAL COMMENTS: President Trump just phoned Palestinian President Mahmoud Abbas. The message was to negotiate directly with the Israelis and find a solution. The US will help, but will not impose its view on any party. And as a gesture of goodwill, the Israelis have stopped their planned approved new settlements building. Continue reading “US BEGINS TO PRESSURE PALESTINIANS”

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Will the US Fed Really Raise Interest Rates

DAILY BASKET – NEWS COMMENTARY

Will the US Fed Really Raise Interest Rates?

MARSAL COMMENTS: The Fed and most economists were pretty confident about the US economy’s growing strength, and were (and still are) sure that interest rates will be raised in the Fed’s mid-March meeting.
However, month by month, since the beginning of the year, the actual data appearing wasn’t as expected, causing a continuous lowering of the economic forecasts. Continue reading “Will the US Fed Really Raise Interest Rates”

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US Fed indicates likely interest rate rise soon

DAILY BASKET – NEWS COMMENTARY

US Fed Indicates Likely Interest Rate Rise Soon

MARSAL COMMENTS: The Fed (US Central Bank) is making noises that it may raise interest in its meeting scheduled for March 15th. The US market has been expecting this for some time and did not react too badly, but remained flat and choppy (Friday March 3, 2017). While world markets Continue reading “US Fed indicates likely interest rate rise soon”

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USA and Pakistan, Best Friends?

USA pakistan-14311_640and Pakistan, Best Friends?

THE NEWS:
It was reported that President Trump just had a telephone conversation with PM Nawaz Sharif of Pakistan, where he over-praised Sharif and Pakistan and promised to assist him in any way he could. Continue reading “USA and Pakistan, Best Friends?”

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IT IS THE GULF OF MEXICO, STUPID!

SATIRE

It Is The Gulf Of Mexico, Stupid!

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CNN and the other unbiased media, reported the unprofessional and unsafe actions of the Iranians, who, last week, sent their small patrol boats to harass two US naval ships, a destroyer and a missile carrier. The puny boats got as close as quarter of a kilometer, before the ships fired warning shots to ward them off.

The Pentagon was indignant that the Iranians were so brash, to flaunt the Freedom of the Seas Law, and bother innocent ships routinely transiting the Gulf, and in international waters. Continue reading “IT IS THE GULF OF MEXICO, STUPID!”

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Kerry Here, Kerry There, Kerry Everywhere!

Kerry Here, Kerry There, Kerry Everywhere!

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John Kerry, the globe-trotter, has recently visited the following cities or countries, some more than once: Russia, Turkey, Ukraine, Hiroshima, Kabul, UK, Saudi, Georgia, France, Egypt, Mongolia, Iraq, Belgium, China, Norway and others.

He has managed, in those visits, to sort out a myriad of problems, including wars, covering the so-called Ukrainian, Syrian and Iraqi civil wars, Poland’s and the Baltic States’ insecurity and fear of a Russian imminent invasion, the unjustified Russian rejection of NATO surrounding it, selected the vegetables to add to the South China Sea boiling stew pot, bring Iran to its senses regarding its alleged atomic program, arrange to install atomic ballistic missiles in Poland and Romania as a deterrent to the Arab/Islamic atomic threat likely to materialize in the next two to three decades, and a plethora of critical issues that threaten world peace and doom our, one and only, earth. Continue reading “Kerry Here, Kerry There, Kerry Everywhere!”

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