Tag Archives: oil

8 signs that a global economic crisis is coming soon

When will the economy collapse

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal. Time is now rapidly running out. From China to Brazil, ...

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Stuxnet 2.0: US launches cyber attack on Iran’s oil ministry

Iran oil

Iran has foiled a hacking attack on its Ministry of Petroleum, which originated from the US, head of the Iranian Cyber Police has said. The website of Cyber Police (FATA) quoted Gen. Kamal Hadianfar as saying that the hackers had launched their attack during holidays in Iran. “We managed to stop the ...

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Tony Blair caught profiting from Saudi oil contracts

Tony Blair Saudi oil PetroSaudi

Former British Prime Minister Tony Blair allegedly earned £41,000 a month after signing a secretive contract with a Saudi oil company, The Sunday Times reports. Blair brokered multi-million pound deals for PetroSaudi with senior Chinese officials through his company Tony Blair Associates, according to The Sunday Times. His lucrative dealings, discovered ...

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Petrodollar exports negative in 2014, first time in 18 years

Petrodollar

Two years ago, in hushed tones at first, then ever louder, the financial world began discussing that which shall never be discussed in polite company – the end of the system that according to many has framed and facilitated the US Dollar‘s reserve currency status. The Petrodollar, or the world ...

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OPEC alliance begins to crumble as price of oil plunges

Saudi Arabia oil

The past few weeks have seen the gradual breakup of the powerful international oil cartel of OPEC, the Organization of the Petroleum Exporting Countries. Comprised of twelve member-states, OPEC has been extremely influential in the oil industry, controlling prices and supply since its inception in 1960. The cartel is most ...

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The real reason why the US and France are back in Iraq

Iraq oil

Why is Obama now re-committing the U.S. military to Iraq? Why is France strongly backing military action? Obama says it’s to protect minorities. That’s nothing new. Obama is the fourth president in a row to bomb Iraq … while claiming it is for humanitarian purposes. But the architects of the Iraq War (the one ...

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Joe Biden’s son joins Board of largest Ukraine gas producer

Robert Hunter Biden

The farce is complete… Burisma Holdings, Ukraine’s largest private gas producer, has expanded its Board of Directors by bringing on Mr. R Hunter Biden as a new director. R. Hunter Biden will be in charge of the Holdings’ legal unit and will provide support for the Company among international organizations. ...

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US sends even more troops into Africa…to find ‘Kony’

Kony

In an expanded attempt to continue the hunt for warlord Joseph Kony, President Obama has authorized the deployment of military aircraft and about 150 Special Operations forces to Uganda. According to the Washington Post, the administration notified Congress of the deployments as they began on Sunday, and the troop movement ...

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13 most underreported news stories of 2013

Manning Assange Monsanto Swartz Gitmo

From Aaron Swartz to Assange, Monsanto to Manning, fracking fears, Iraq carnage and more, here are RT’s “Top 13 of 2013.” These vastly underreported stories are some of the biggest ones to fly under the mainstream media’s radar this year. The persecution and death of Aaron Swartz The visionary cofounder of ...

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