By Michael T. Klare | (Tomdispatch.com) Many reasons have been provided for the dramatic plunge in the price of oil to about $60 per barrel (nearly half of what it was a year ago): slowing demand due to global economic stagnation; overproduction at shale fields in the United States; the decision of the Saudis and […]
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Energy
Contrary to Israeli PM, alternative to realistic Iran Nuclear Deal is *no* Deal
By Thomas Graham, Jr. | (Informed Comment) A possible agreement on the nuclear issue with Iran has been much in the news these days. The United States has been trying to restrain the Iranian nuclear program for more than 20 years with little to show for it until a so-called interim agreement between the Permanent […]
Dear Sweden: HR Dispute with Saudis makes this a good time to adopt Electric Cars
By Juan Cole | (Informed Comment) First, the new left wing government in Sweden cancelled an arms sale to Saudi Arabia, even though Prime Minister Stefan Lofven favored it. (He had been a union rep friendly to the Swedish arms industry). Foreign Minister Margot Wallström put her foot down, however, and won the argument. She […]
The Letter: Top 5 Similarities of GOP and Iran Hard Liners
By Juan Cole | (Informed Comment) – 47 GOP senators sent a letter to Iran on Monday warning that country that any agreement only signed off on by President Obama might not last longer than his last day in office. This intervention of the senate in a foreign policy matter is not, as some observers […]
Iran FM Zarif Schools GOP Senators on Int’l Law: This is a UNSC Resolution
From the web page of the Iranian Ministry of Foreign Affairs: Dr. Zarif’s Response to the Letter of US Senators Asked about the open letter of 47 US Senators to Iranian leaders, the Iranian Foreign Minister, Dr. Javad Zarif, responded that “in our view, this letter has no legal value and is mostly a propaganda […]
Bombing Iran: What would Happen if the Hawks got their Way?
By Juan Cole | (Informed Comment) – Some of those who believe that Iran’s civilian nuclear enrichment program is inevitably dual use (that it can be used to produce a nuclear weapon) are alarmed at the prospect of a diplomatic deal between Washington and Tehran that will allow Iran to continue enriching under inspections. After […]
Some Good News from the Middle East: Obama could end 36-yr U.S.-Iran standoff
By Chris Toensing | (Foreign Policy in Focus) – There’s not much good news coming out of the Middle East these days. But one reason to take heart is the progress of nuclear negotiations between Iran and the West. Even as new conflicts sprout up elsewhere, a three-decade standoff between Tehran and Washington could be […]
The “Hindenburg Trap”: Dump Oil, Coal & Gas Stocks if you Want to Retire
By Juan Cole | (Informed Comment) – What is the actual value of the oil, gas and coal fields owned by big energy corporations, which gives them their stock price and allows them to be counted as assets for borrowing purposes? The real value of those hydrocarbon resources is zero. Or actually it is much […]
ISIS Vs Climate Change – Which Kills More? Russell Brand The Trews
Russell Brand | (The Trewes) – “Reaction to the news that President Obama has said the media “absolutely” overstates the threat of terrorism in comparison to the threat of climate change. Head to London this Saturday to Time To Act: National Climate March and let’s unite against climate change.” ISIS Vs Climate Change – Which […]
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