Tag Archives: oil

Tony Blair caught profiting from Saudi oil contracts

Tony Blair Saudi oil PetroSaudi

Former British Prime Minister Tony Blair allegedly earned ÂŁ41,000 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 in a leaked 21-page document, are said to have been ... Read More »

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 in which oil export countries would recycle the dollars they ... Read More »

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 notoriously known for its oil embargo on the United States ... Read More »

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 which started in 2003) themselves admitted it was about oil. But what ... Read More »

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. On his new appointment, he commented: “Burisma’s track record of ... Read More »

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 was later confirmed to Reuters by the Defense Department. The ... Read More »

13 most underreported news stories of 2013

Manning Swartz Assange GMO Gitmo Monsanto

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 Reddit and open access advocate who played a key role ... Read More »

The Bill & Melinda Gates Foundation exposed

Bill & Melinda Gates

ExxonMobil, BP, Chevron, DynCorp, G4S, Walmart and McDonald’s are just a few of the companies that the mega ‘charity’ supports. With an endowment larger than all but four of the world’s largest hedge funds, the Bill & Melinda Gates Foundation is easily one of the most powerful ‘charities’ in the world. According to its website, the organization “works to help all people lead healthy, productive ... Read More »

USD is dead: China caps its dollar holdings & plans crude oil futures priced in yuan

SHFE Shanghai Futures Exchange

China’s central bank has said it no longer sees any benefit in increasing its $3.66 trillion foreign currency reserves – already the world’s largest. China will cap its purchases of US dollars in an effort to limit the depreciation of the yuan. “It’s no longer in China’s favor to accumulate foreign-exchange reserves,” Bloomberg quoted Yi Gang, a deputy governor at the ... Read More »