Article History
The Oil Shock Is Worse Than You Think
Via: Nerm_L • News Viners • 2 Comments • 2 Likes • 7 months ago
“The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don't fully capture...”
The United States consumption of petrochemicals and fuels acts as a buffer for futures prices. Oil is still abundant and readily available in the US. That provides some insight into why the oil futures market is more responsive to Trumpian political manipulation. Other parts of the world are...
China's yuan settlements hit record, and the Iran conflict is looking like a catalyst
Via: Nerm_L • News Viners • 1 Comments • 2 Likes • 7 months ago
“Single-day transactions via China's Cross-border Interbank Payment System surge past 1 trillion yuan as Beijing's moves to expand the yuan-payment...”
China is most appreciative for President Trump's contribution to a new world order.
A Cease-Fire for Now in Iran, but a Blow to American Credibility
Via: Nerm_L • News Viners • 1 Comments • 1 Like • 7 months ago
“Critics wonder if this is America's "Suez moment," when a leading power signals the start of its international decline.”
The Euro-centric rending of clothes and tearing of hair risks blinding everyone to the eastward shift of the geopolitical center. Is the perceived strategic retreat a bungled project in Euro-centric politics or the beginning of a systemic shift? While the Euro-centric political opinion is still...
Iran war ceasefire teeters over disagreements on Lebanon and the Strait of Hormuz
Via: Nerm_L • News Viners • 11 Comments • 4 Likes • 7 months ago
Has President Trump figured out what he agreed to yet? Trump's rope-a-dope policy making might boonswaggle his shrinking fan base and can, at times, mollywhop the mercenary news merchants. But the MAGA GOAT can't pull the wool over on Xi Jinping. Xi does know where he buys his oil, after all....
Middle East ceasefire in serious doubt as Israel assaults Lebanon and Iran blocks oil tankers
Via: Nerm_L • News Viners • 2 Comments • 4 Likes • 7 months ago
“Inclusion of Lebanon is significant difference in interpretation of truce agreed at 11th hour on Tuesday”
Looks like Netanyahu's tail is wagging Trump's dog. No one seems surprised that Israel would try to poison the ceasefire. The Guardian's timeline reporting certainly seems to show that President Trump is trying to find loopholes in what he agreed to. Trump is even claiming the 10-point...
'Desperately searching for any sort of exit ramp': US political leaders react as Trump announces ceasefire
Via: Nerm_L • News Viners • 5 Comments • 3 Likes • 7 months ago
“Chuck Schumer attacks president's 'ridiculous bluster' while Republicans cast decision as shrewd tactical move”
The blah-blah brigade is operating in full force this morning. What these erstwhile mavens of journalistic insight will fail to mention are the low level rumblings within US military ranks to refuse to follow President Trump's civilization-ending order. If the order had gone through and a small...
Iran ceasefire: Trump, not Iran, blinked first in the war. Why?
Via: Nerm_L • News Viners • 12 Comments • 4 Likes • 7 months ago
“US President Donald Trump's war cry has turned into just a cry, and then a walk-back.”
One view from India. (Don't underestimate the importance of India.) But the opinion that Trump blinked isn't limited to India. London: Asia: Middle East: Eastern Europe:
Trump threatens ‘whole civilization will die tonight’ ahead of Iran deadline
Via: Nerm_L • News Viners • 13 Comments • 2 Likes • 7 months ago
“Tuesday night may well be “one of the most important moments in the long and complex history of the World,” the president wrote on Truth Social.”
Would someone, please, explain why Trump's 'maximum pressure' is expected to open the Strait of Hormuz? I just don't get it. The United States and Israel have killed Iran's political leadership, destroyed large portions of Iran's military, obliterated Iran's nuclear enrichment program,...