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More Headline Amusement: Consumer Sentiment Surges

thedailysheeple.com / DARIUS SHAHTAHMASEBI / AUGUST 18, 2017

Following an air strike in Yemen that killed at least 12 civilians, a senior United Nations official has condemned Saudi Arabia’s actions, asserting the Kingdom has shown a complete disregard for human life.

According to Reuters, three women and six children from the same family […]

Progress in St. Petersburg

marctomarket.com / by Marc Chandler / July 24, 2017

Expectations going into the OPEC monitoring meeting in St. Petersburg were low. The OPEC agreement to reduce output appeared to be fraying. June output appeared to have increased in several countries, and private sector estimates suggest output rose further in July. Russia expressed reluctance to […]

Qatar, Saudi Arabia To Islamize One Of Europe’s Greatest Cathedrals

zerohedge.com / by Giulio Meotti via The Gatestone Institute / Jul 19, 2017 4:00 AM

In Islamic symbolism, Córdoba is the lost Caliphate. Political authorities in Córdoba dealt a blow to the Catholic Church’s claim of ownership of cathedral by declaring that “religious consecration is not the way to acquire property”. But this is how […]

QATAR: Trump Steps in to Protect US Assets in the Persian Gulf Mafia Battle

21stcenturywire.com / Niraj Srivastava / JULY 16, 2017

The saga of the Saudi-Qatar dispute continues. This week saw some important developments, which might provide pointers to what is likely to happen in the coming weeks and months, and possibly years.

As expected, the US stepped in to ensure that the Saudis, UAE, and Bahrain did […]

The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

zerohedge.com / by Cyril Widdershoven via OilPrice.com / Jul 14, 2017 7:25 AM

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines.

Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil […]

WTI Tumbles Back To $43 Handle After Saudis Breach OPEC Agreement

zerohedge.com / by Tyler Durden / Jul 11, 2017 8:06 AM

Having v-shaped recovered yesterday after disappointing Russian comments (on no news whatsoever), crude prices are tumbling once again this mornig, WTI back to $43 handle, after Saudi Arabia told OPEC it pumped 10.07 million barrels a day in June, a person with knowledge […]

Saudi King To Visit Russia: Bringing Relationship To New Phase

zerohedge.com / by Alex Gorka via The Strategic Culture Foundation / Jul 10, 2017

Much has been said about the much vaunted trip of US President Donald Trump to Saudi Arabia where he was lavished with extravagant royal pomp. The $110 billion arms deal was signed and the plans to create an Arab NATO […]

QATAR vs SAUDI ARABIA: Who Benefits from Shift in Gulf State Dynamics?

21stcenturywire.com / Niraj Srivastava / JULY 7, 2017

In an analysis of the ongoing dispute between Saudi Arabia and Qatar published on June 12, this writer had commented that the “Saudis might have bitten off more than they can chew.” That is what appears to be happening, according to the latest developments in the […]

Three Hidden Subplots of the G20 Hamburg Summit

wallstreetexaminer.com / by James Rickards via The Daily Reckoning / July 6, 2017

The Group of Twenty, known as G20, is an unaccountable and powerful organization that is the closest thing on earth to a true world government. German Chancellor Angela Merkel, the rotating President of the G20, will host the next G20 meeting in […]

Qatar Blockade To Continue After Arab States Slam “Negative” Response To Ultimatum

zerohedge.com / by Tyler Durden / Jul 5, 2017

Foreign ministers from Egypt, Saudi Arabia, the United Arab Emirates and Bahrain released statements following a meeting in Cairo on Wednesday, after the latest deadline they had set to Qatar expired on Tuesday night.

The four Arab nations, locked in a diplomatic crisis with Qatar, […]

The Coming Revolution – the Next 4th of July

armstrongeconomics.com / by Martin Armstrong / Jul 4, 2017

There is a revolution coming that is engulfing the world. Governments are broke and are taking drastic measures to stay in business. Not all revolutions are bloody. There have been revolutions such as that in Russia when the army stood down and would not fire upon […]

Bears Need to Beware of Saudi Aramco IPO’s $2 Trillion Price Tag

wallstreetexaminer.com / by Dustin Parrett / June 30, 2017

Saudi Aramco could be valued at $2 trillion, making the Saudi Aramco IPO worth a massive $100 billion. That will make it the biggest IPO ever once the company goes public.

But the media is overlooking one key aspect of the Aramco IPO and is […]

Bizarre Tanker Cooperation Prompts Questions If Qatar, Saudi Feud Is Staged

zerohedge.com / by Tyler Durden / Jun 30, 2017 4:50 PM

Either the blockade of Qatar by Saudi Arabia and its allies (recall the Saudi ultimatum expires on July 3) and the whole Qatar “crisis” is the most staged and produced diplomatic stunt since last summer’s Turkish “coup”, or for some unknown reason, the […]

Trump’s Pricey Love Affair With Saudi Arabia

mises.org / William D. Hartung / June 29, 2017

At this point, it’s no great surprise when Donald Trump walks away from past statements in service to some impulse of the moment. Nowhere, however, has such a shift been more extreme or its potential consequences more dangerous than in his sudden love affair with […]

Seymour Hersh Reports How Trump Bombed Syria on Completely False Pretenses

libertyblitzkrieg.com / Michael Krieger / Jun 26, 2017

Part of Trump’s appeal to many of his voters was, at least ostensibly, the idea that he would employ a less hawkish/neocon foreign policy than his opponent Hillary “We Came, We Saw, He Died” Clinton. While it’s still too early to decisively say that Trump will […]

64 Years Later, CIA Finally Releases Details Of Iranian Coup

zerohedge.com / by Bethany Allen-Ebrahimian via ForeignPolicy.com / Jun 21, 2017

Declassified documents released last week shed light on the Central Intelligence Agency’s central role in the 1953 coup that brought down Iranian Prime Minister Muhammad Mossadegh, fueling a surge of nationalism which culminated in the 1979 Iranian Revolution and poisoning U.S.-Iran relations into […]

After Shocking Saudi Shakeup “Not A Question Of If But When New Escalation With Iran Starts”

zerohedge.com / By Tyler Durden / Jun 21, 2017 8:16 AM

Two days ago, when reporting on the surprising “terrorist attempt” by Iran’s National Guard on a major Saudi offshore oilfiled (at least according to Saudi media), we said that “if the Saudi account of events is accurate, and if Iran is indeed preparing to […]

In Historic Shakeup Saudi King Removes Crown Prince, Names Son As First Heir

zerohedge.com / by Tyler Durden / Jun 21, 2017 7:32 AM

In a shocking development, on Wednesday Saudi Arabia’s King Salman appointed his 31-year-old son Mohammed bin Salman (his eldest son from his third wife) as crown prince, placing him as first-in-line to the throne and removing his nephew, 57-year-old Mohammed bin Nayef – the […]

Global Equities Markets Weaker Amid Falling Oil, Bond Yields

wallstreetexaminer.com / by Jim Wyckoff via Money Morning / June 20, 2017

(Kitco News) – World stock markets were mostly lower overnight, due in part to falling crude oil prices recently and by lower world government bond market yields.

Slumping oil prices and lower bond yields suggest inflationary price pressures will remain squelched. U.S. […]

Syrian “Rebels” In Turmoil After Qatar Crisis

zerohedge.com / by Tyler Durden / Jun 19, 2017 11:17 AM

The ongoing Qatar crisis has had an unexpectedly adverse outcome among the Syrian “rebels”, in many cases formerly known as al-Qaeda, who expect the crisis between two of their biggest state backers – Saudi Arabia and Qatar – to deepen divisions in the opposition […]

U.S-Led Coalition Shoots Down Syrian Warplane

You American bastards just shot down my cousin's aircraft (Ali) while taking out the scumbags of ISIS in the area.Ali hope you are OK bro😞 pic.twitter.com/z6IKFgbtqJ

— Majd Fahd 🇸🇾 (@Syria_Protector) June 18, 2017

zerohedge.com / by Tyler Durden / Jun 18, 2017 3:48 PM

Update: U.S. Central Command issued a […]

Gulf Crisis: On Fast Track to War

Billboard in Saudi Arabia advertizing the 2017 Riyadh Summit (Image Source: Terror-Alert.com)

21stcenturywire.com / Marwa Osman / JUNE 13, 2017

In less than one week, what began as a simple disagreement in politics turned into a siege that could easily develop into a war. On June 5th of last week, Saudi Arabia and four […]

QATAR: The Unexpected Consequences of Saudi ‘Muscle’ Flexing

21stcenturywire.com / Niraj Srivastava / JUNE 12, 2017

The quarrel between Saudi Arabia and Qatar which began on 5th June is taking unexpected twists and turns. Events are moving so fast that it is becoming difficult to foresee what will happen next week, let alone next month. Even so, some equations in the Gulf […]

Tillerson Tells Arab States To Lift Qatar Blockade: “It’s Hindering The Campaign Against ISIS”

zerohedge.com / by Tyler Durden / Jun 9, 2017 1:57 PM

Secretary of State Rex Tillerson called on the Saudi Arabia-led coalition, which includes UAE, Bahrain and Egypt and others, to lift its blockade of Qatar, saying that the cutoff is hindering the fight against the (Qatar-funded) Islamic State. Tillerson also said the blockade had […]

In “Clear Escalation”, Arab Countries Release List Of Terrorists Supported By Qatar

zerohedge.com / by Tyler Durden / Jun 8, 2017

In what commentators have dubbed a “clear escalation”, moments ago Arab states including Saudi Arabia, UAE, Egypt and Bahrain, have released a list that designates 59 individuals and 12 entities in Qatar as terrorist. The complete list of those named includes Qataris, Jordanians, Egyptians, Kuwaitis, […]