The ground is quickly shifting in Asia and India is quickly finding itself in a difficult position. For years India has dithered and played games over central Asian development. Since the rise of Narendra Modi as India’s leader, he has played the game of courting both the West and the East to wheedle India a…
China is building a buyer’s group (or cartel) comprised of its major state oil companies. I’m frankly surprised that this wasn’t already the case, since everything else is tightly controlled in China. A report from Bloomberg (via Investing.com) states that: Senior executives from China Petroleum (NYSE:SNP) & Chemical Corp., PetroChina Co., Cnooc Ltd. and Sinochem…
For the past three years, President Trump and his CIA director and then Secretary of State Mike Pompeo have been trying to abandon their country’s imperialism and replace it with an economic strategy. This supposes that Washington can still be the world leader provided it has a powerful army and energy autonomy. Donald Trump has…
Irrespective of where you reside in the world, chances are you feel some sense of unease, a nagging concern for the future and a deep instinctual understanding that an era you knew and navigated your entire life is slipping away and won’t be coming back. We’ve been witnessing widespread protest and unrest across countries with…
Last Wednesday, U.S. Secretary of State Mike Pompeo gave a disturbing interview to Fox Business Network in which he divulged his plans to form a NATO-type alliance against Iran. The U.S. has long accused Iran of supporting terrorism, accusations that have ramped up under the Trump administration. Pompeo said, without a hint of irony, that…
The US dollar currently makes up 2/3rds of the worlds global reserve currency. This is because nearly every oil-exporting country in the world exclusively sells their oil in US dollars (the Petrodollar), so nations are forced to hoard large amounts of US dollars, allowing the US to print it almost to infinity without hyper-inflating their currency. The…
