New Sanctions Mean Path To Diplomacy Closed "Forever", Iran Warns

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Despite the fact that Washington had already sanctioned more than 80% of Iran’s economy, so the notion that Ayatollah Ali Khamenei and other senior Iranian officials still have any exposure to the Western financial system is a little ridiculous, President Trump delivered on his promise to impose new sanctions on the Supreme leader and other… Read More

Russia Cleared to Return to Europe’s Top Rights Body

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Europe’s top human rights body has voted to allow Russia to return as a member of its parliamentary assembly, dividing the 70-year-old watchdog tasked with monitoring civil liberties among its 47 member states. Russia was suspended from the Council of Europe’s Parliamentary Assembly (PACE) in 2014 over Moscow’s behavior toward Ukraine, including the annexation of… Read More

South Africa's rand firmer as dollar falls on rate cut bets

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South African bank notes featuring images of former South African President Nelson Mandela (R) are displayed next to the American dollar notes in this photo illustration in Johannesburg, file. REUTERS/Siphiwe Sibeko JOHANNESBURG (Reuters) – South Africa’s rand firmed early on Tuesday, boosted by a dollar slide to multi-month lows against other major currencies as investors… Read More

The Slow Return Of Eurosclerosis

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Authored by Thomas Kirchner and Paul Hoffmeister via CamelotPortfolios.com, With protests by yellow vests in France approaching their six month anniversary and the European economy showing signs of not a temporary dip, but prolonged weakening, it is a good moment to take a step back and analyze the current situation as well as its implications… Read More

Germany Can't Locate Scores Of ISIS Fighters Who May Have Slipped Back Into The Country

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The German government can’t locate over 160 German “Islamic State” sympathizers who left home to fight with the terrorist organization and may have returned to Germany, according to Welt am Sonntag.  <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> The Federal Ministry of the Interior speculates that most of them were likely killed in combat, but that they could have “succeeded… Read More

Obscure company targets coal mining project on Kruger Park doorstep

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AN obscure company called Manzolwandle Investments wants to start coal mining operations on the doorstep of the Kruger Park’s southern border, near Komatipoort. It has has already submitted a scoping report, which is an initial assessment of a mining project’s viability. Local residents are concerned and it is sure to get on the radar screen… Read More

'BorisGate' Is Beneath Us

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Authored by Kit Knightly via Off-Guardian.org, Whatever you think of BoJo, we mustn’t normalise smear tactics and tabloid nonsense… <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Three days ago the police were called round to the flat shared by perspective Tory leader, and likely future Prime Minister, Boris Johnson and his girlfriend Carrie Symonds. There had apparently… Read More

China Tests New Helicopter Drone Slated For Service In South China Sea

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China, having claimed most of the South China Sea for itself, has published a new report that suggests helicopter drones could soon be deployed to its militarized islands. The AV500W vertical take-off and landing unmanned helicopter manufactured by Aviation Industry Corporation of China (AVIC) has completed its first-night operation under challenging conditions, showing that the… Read More

Tuesday’s News Links

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[Reuters] Stocks suffer trade jitters, dollar braced for more Fed talk [Reuters] Dollar weighed by Fed prospects; Swiss franc, gold shine on geopolitics [Bloomberg] Gold Jumps to Highest in Almost 6 Years Fueled by Rising Risks [Reuters] Trump ‘comfortable with any outcome’ from pivotal Xi talks: official [Reuters] China, U.S. trade officials talk ahead of Trump-Xi meeting [Reuters] Trump privately talks… Read More

Cockburn: Trump May Be In Too Deep To Avoid War With Iran

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Authored by Patrick Cockburn via The Unz Review, President Trump’s last-minute change of mind over launching US airstrikes against Iran shows that a military conflict of some description in the Gulf is becoming highly probable. His hesitation was most likely less connected with an Iranian surface-to-air missile shooting down a US surveillance drone than with his instinct… Read More

Is This Nation The Next "Digital Nomad" Hotspot?

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Authored by Simon Black via SovereignMan.com, By the summer of 1936, Europe was in a state of perpetual crisis. Hitler’s rise to power, German invasion of the Rhineland, Spanish Civil War, Fascist Coup attempt in France, etc. World War was just a few years away. 25-year old Scotsman with a proper Scottish name – Fitzroy… Read More

iPhone X Sales Collapse Triggers Serious Breach Of Contract With Samsung 

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In an exclusive, ChannelNews reveals Apple is facing hundreds of millions of dollars in penalty payments to Samsung because iPhone demand has fallen. Apple “demanded” that Samsung construct one of the world’s biggest OLED manufacturing facilities exclusively for iPhone screens. <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Overconfidence of Tim Cook, not adjusting forecasts for trade wars… Read More

EIA Warns "Limited Options To Bypass" Straits Of Hormuz

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2019 06 24 14 48 10

Via EIA.gov, The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The Strait of Hormuz is the world’s most important oil chokepoint because of the large volumes of oil that flow through the strait. In 2018, its daily oil flow averaged 21… Read More