As the global markets feel the tremors this week from the coronavirus and the announcement of a major drop in oil prices, some U.S. producers are now having to tighten their belts. Will they survive the oil global glut?
The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss the collapse of global markets as Saudi Prince MbS enters into an oil price war with Putin and Russia, while coronavirus spread causes mass panic across financial markets.
Over the week end there was a coup attempt in Saudi Arabia. Last article included in this report1st :Prior to the coup attempt Aramaco share prices tanked
Won’t be to far down the road before some of us will be reading about the disastrous affects of this, for profit and believe me this is a for profit only venture. Despite the ‘green’ spin, this is about profit, control and control for profit. And NOTHING else.Round up contaminated everything and it wasn’t supposed to.. Creating superweeds galore.... but believe the company looking to make massive profits when they state this "self limiting moth" is hunky dory & environmentally friendly.
Since the U.S. killed Iranian General Qassem Soleimani and Iraqi militia leader Abu Mahdi al-Muhandis earlier this month, the official narrative has held that their deaths were necessary to prevent a vague, yet allegedly imminent, threat of violence towards Americans, though President Trump has since claimed whether or not Soleimani or his Iraqi allies posed an imminent threat “doesn’t really matter.”
ECONOMIC WARFARE: The White House has now resorted to financial extortion tactics in order to maintain its 17 year-long military occupation of Iraq.
This week, Dr. Bouthaina Shaaban, a top political and media adviser to Syria’s President Bashar al-Assad, issued a warning of sorts to the United States – that Washington’s illegal three year occupation of various parts of northeastern Syria could be coming to an end. She warned that Damascus will not accept Washington’s open-ended military deployment inside her country’s borders, and the ongoing theft of Syria’s natural resources.
It has been barely one month since the administration of Jeanine Añez seized power in a military coup in Bolivia, but it has wasted no time in attempting to transform the economy and society. Its latest move is aimed at privatizing the country’s economy. A government spokesperson confirmed the fears of many, claiming that “I believe the government should reduce its own size” and a protagonistic role should be given to private enterprises.
KIRKUK, IRAQ — “We want to bring our soldiers home. But we did leave soldiers because we’re keeping the oil,” President Trump stated on November 3, before adding, “I like oil. We’re keeping the oil.”
