Posts Tagged ‘oil’

Leaders of nine Latin American countries approved the usage of an intra-regional currency called the “Sucre”.

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This morning, gold hit a new high nearing $1,070/oz. showing the  U.S. dollar ‘reaching a breaking point’ as it hits another new 14-month low.

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Weeks after Iran officially announced it would replace the U.S. dollar—its value heavily dependent on Middle East oil trading—with euros in its foreign exchange holdings, The Independent Middle East correspondent Robert Fisk’s article, “The Demise of the Dollar,” breaks the story that: “In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the U.S. currency for oil trading” by 2018. I wrote of the alliance between Brazil, Russia, India and China (BRIC) here in June.

Russia Today (RT) reports on Mr. Fisk’s exclusive (3:25):

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Irving Kristol died, but his sociopathic wet dream of never-ending war in the quest for world domination lives on through The Foreign Policy Initiative (F.P.I.). “The neoconservatives who provided the intellectual foundation for the war in Iraq convened on Monday to make a renewed push for the current administration to pursue greater military engagement in Afghanistan,” writes Sam Stein at The Huffington Post.

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Consortium News founder Robert Parry discusses Latin America as the political training ground for Neo-Con torture regimes, bashing moral relativism to ‘manufacture consent’ for moral relativism, statist journalism, blowback in the Middle East, the lie of Charlie Wilson’s War, Defense Secretary Robert Gates’ role in the Former President Reagan’s C.I.A., and media scare tactics used to lie the U.S. into war with Iran with AntiWar Radio host Scott Horton (63:13):

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How Goldman Sachs bailed out Goldman Sachs with U.S. taxpayer dollars; U.S. Justice [sic] Dept.’s effort to probe torture abuse is one to validate torture; 59% of Pakistanis view the U.S. as their biggest threat; Israel vows to not evict unlawful Israeli settlers in the West Bank; China emulating the U.K.’s Big Brother surveillance program; NYC’s racist drug war; 84-year-old Ohio woman with Alzheimer’s slammed to the pavement by cop… (more…)

al Jazeera’s “Empire” hosted by Marwan Bishara takes a look at the new political stage in Latin America, reacting to U.S. interventionism on behalf of corporate interests and European colonialist elitism, the differences in the approaches of Bolivarian Socialists — Venezuela, Bolivia, Ecuador — and the ‘Third Way’ Eastern Hemisphere economic alliances of Brazil. In Part One, Mr. Bishara interviews Prof. Noam Chomsky. Part Two is a panel of scholars.

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Clinton is threatening U.K. if doesn’t continue to bury evidence of C.I.A. torture; Eric Holder shouldn’t have passed his first semester of law school; C.P.D. backtracking on its “deadly force” policy announcement; “Land reform” is a global heist with more guns than any other; Senior U.S. military adviser: Get out of Iraq; H.R. 1207 up to 271 co-sponsors; and more… (more…)

AntiWar Radio host Scott Horton interviews David Vine, author of Island of Shame: The Secret History of the U.S. Military Base on Diego Garcia, the most illuminating book I’ve read all year and the 2004 documentary by John Pilger, Stealing a Nation.

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American people oppose both wars; Taliban strengthens as Pakistan and U.S. increase operations; Two-thirds of life sentences in the U.S. go to non-whites; Chinese gov’t manual teaches police to efficiently beat people; India debunking “global warming” claims; and more… (more…)

Over 100 tortured to death in U.S. custody; A Nobel laureate and former U.S. Congresswoman kidnapped by Israel; Glenn Greenwald on the Washington Establishment recognizing Obama mimicking Bush on civil liberties; The history of Honduras leading to the military coup; and more… (more…)

U.S. military out of Iraqi cities by Tuesday; “The Scramble for Iraq’s ‘Sweet Oil'”; More violent protests in Iran; Israel intends to annex over 34,000 acres in the West Bank; Atheist youth camp in the U.K.; and more… (more…)

The Af-Pak War losing support, ex-Gitmo detainee speaks out, Clinton and Israel threaten Iran, North Korea sentences U.S. journalists to 12 yrs. of hard labor, two-state solution at ‘the top of Obama’s agenda’ SCOTUS shoots down gays in the military, and a 55-hour erection. (more…)

Prof. Harvey  decscibes the hypocrisy of bailouts, the reality of the moral hazard of state intervention in so-called ‘free markets’, the role of social movements, the military industrial complex, in the framework of the need for brainstorming a nonprofit economy. (more…)

China’s ‘worries’ about the US economy are a louder crash to Earth than the Newspeak suggests. (h/t:@bradspangler) (more…)