Iran discovers oil field containing 53 billion barrels of crude

Iran discovers oil field containing 53 billion barrels of crude

President Hassan Rouhani says Iran has discovered a new oil field containing 53 billion barrels of crude in southwestern Khuzestan Province.  Rouhani told a large crowd of people in the central city of Yazd on Sunday that the discovery was made despite US hostilities which...
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The world’s billionaires lost a total of $388 billion in 2018

The world’s billionaires lost a total of $388 billion in 2018

A new report by UBS and PwC has found that the world’s richest lost $388 billion last year, with their wealth dropping to $8.539 trillion. Geopolitical turmoil and volatile equity markets have been blamed for the loss. According to the...
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Diamond Industry in Crisis: De Beers Slashed Prices by 5%

Diamond Industry in Crisis: De Beers Slashed Prices by 5%

De Beers Jewelers, the world’s largest diamond miner, has slashed rough diamond prices by 5% as global markets remained oversupplied into the start of the holiday season. The entire industry is on the brink of a downturn amid weaker consumer...
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Norway lawyers demand sanctions on Israel

Norway lawyers demand sanctions on Israel

Dozens of Norway’s leading lawyers believe that Israel violates international law and doesn’t deserve the preferential treatment it currently enjoys. A group of 44 lawyers, including award-winning luminaries and distinguished professionals such as professo...
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Russian Defense Ministry Publishes Evidence of US Oil-Smuggling From Syria

Russian Defense Ministry Publishes Evidence of US Oil-Smuggling From Syria

The Russian Ministry of Defense has published satellite intelligence images, showing American oil smuggling from Syria. According to the ministry, the photos confirm that “Syrian oil, both before and after the routing defeat of the Islamic State terrorists i...
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“I Stand Against Everything She Represents” – Gabbard Hammers Tired, Sick, Warmonger Hillary

“I Stand Against Everything She Represents” – Gabbard Hammers Tired, Sick, Warmonger Hillary

Tulsi Gabbard is the direct opposite of Hillary Clinton, for whom all causes serve herself and her enormous narcissism and pathology. So seeing Gabbard go directly after Hillary Clinton after her debate performance the other evening where she explicitly calle...
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Sanofi recalls popular heartburn drug Zantac as FDA investigates probable carcinogen

Sanofi recalls popular heartburn drug Zantac as FDA investigates probable carcinogen

Sanofi said Friday it will recall the widely-used heartburn drug Zantac from stores in the United States and Canada as the drugmaker and Food and Drug Administration investigate a probable carcinogen detected in the drug. The FDA last month said it...
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G7 Panics: “Global Stablecoins Pose Threat To Financial Stability”

G7 Panics: “Global Stablecoins Pose Threat To Financial Stability”

The G7 group of nations has reportedly drafted a report which says that “global stablecoins” pose a threat to the global financial system. According to the BBC on Oct. 13, a draft report from the G7 outlined the various risks associated with...
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Defense Secretary Mark Esper: administration is preparing to evacuate about 1,000 U.S. troops from northern Syria as safely and quickly as possible

Defense Secretary Mark Esper: administration is preparing to evacuate about 1,000 U.S. troops from northern Syria as safely and quickly as possible

Trump administration is “preparing to evacuate” about 1,000 U.S. troops from northern Syria “as safely and quickly as possible,” CBS reports. “In the last 24 hours, we learned that [the Turks] likely intend to extend their att...
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Defense Minister Shoigu: US Has Been Waging Hybrid War on Russia for 20 Years

Defense Minister Shoigu: US Has Been Waging Hybrid War on Russia for 20 Years

Russian Defence Minister General Sergei Shoigu in a September 22, 2019 Interview: We long failed to understand the essential nature of what was going on around us. If the West had continued to behave as it began behaving in Gorbachev’s...
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Ray Dalio: The Next Logical Steps In A Dangerous Journey To War

Ray Dalio: The Next Logical Steps In A Dangerous Journey To War

Raymond Dalio – an American billionaire investor, hedge fund manager, and philanthropist. Dalio is the founder, Co-Chairman and Co-Chief Investment Officer of investment firm Bridgewater Associates, one of the world’s largest hedge funds, posted a ...
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Endeavor Pulls IPO After Peloton’s Fiasco

Endeavor Pulls IPO After Peloton’s Fiasco

Endeavor became the second big casualty of the IPO market’s recent chill after WeWork’s parent company pulled its offering earlier this month. It is the second time Endeavor has hit the brakes on its IPO this year. Part of the reason Endeavor...
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US Shale In A State Of Stall – CapEx Collapse Imminent

US Shale In A State Of Stall – CapEx Collapse Imminent

The financial stress sweeping over the U.S. shale sector has led to a sharp contraction in activity. Oil and gas activity in Texas and parts of New Mexico declined in the third quarter, with the Dallas Fed’s business activity index reporting...
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Airbnb plans to go public in 2020

Airbnb plans to go public in 2020

Airbnb has put to rest speculation about the timing of its IPO. The vacation rental company today took the rare step of announcing in a press release that it plans to go public next year, in 2020. The startup, which...
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Marshall Islands Creating New Cryptocurrency For De-Dollarize Purpose

Marshall Islands Creating New Cryptocurrency For De-Dollarize Purpose

The Republic of the Marshall Islands has been using the US dollar since 1979.  But in a new Bloomberg report and a statement from a senior Marshall Islands official, that could all change as the country with a population of 75,000 could soon issue a...
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