The already strong bilateral relations between Saudi Arabia and China are hitting new levels, as the Kingdom and the Chinese Tiger have decided to set up a joint US$20 billion investment fund. The fund was announced by Saudi minister of energy Khalid Al Falih, after meeting with Chinese vice-prime minister Zhang Gaoli in Jeddah. Falih…
The oil and business press is abuzz with predictions of an imminent Venezuelan financial collapse, as a prelude to its political implosion, which should oust President Maduro and erase the Hugo Chavez ambitious experiment. The country is running out of money, and is unexpected to pay some US$ 3.5 Billion in international loans coming due in…
As Anti-Media predicted in June of this year, ISIS’ last stand in Syria will take place in a strategic oil-rich region known as Deir ez-Zor, and this confrontation will pit the American military and its allied forces directly against the Syrian Arab Army and its backers, including Russia. Over the last few days, this potential clash has been brought ever…
The currently stateless Kurds sit astride the Iraq-Syria border on land blessed/cursed with oil, other resources, and geopolitical significance. Is it any wonder that mega-corporations and their client states are looking to use the Kurds, stoke conflict, and exploit the situation? Years before the U.S. illegally invaded and then occupied Iraq, plans were circulating within…
What is taking place in Venezuela is an attempt at counterrevolution. Washington wants “its” country back, which is why it is providing both overt and covert support to an opposition determined to return the country to its previous status as a wholly owned subsidiary of the United States. What needs to be emphasized is that in establishing…
The latest rally in oil prices ran up against a wall yet again, and the same fears about oversupply have not receded in the slightest. The expectation from most oil analysts is that there is very little room on the upside for oil prices and that we will have to wait until 2018 at the…
