Tag: london

July 18, 2015 0

The Agenda Behind ISIS’ Cultural Genocide

By News Desk

Via the new York times: Fighters allied with the Free Syrian Army units battling the regime of Syrian President Bashar Assad have told him that they are developing an association of diggers dedicated to finding antiquities in order to fund the revolution. “The rebels need weapons, and antiquities are an easy way to buy them,†says Abu Khaled, who goes by his nickname in order to protect his identity. Furthermore, Jabhat Al Nusra (JAN), Al Qaeda’s Syrian wing, was busy wiping out historical sites well before ISIS became a significant presence in Syria.

June 19, 2015 0

Saudis to Offer Putin a Deal He Can’t Refuse?

By News Desk

It was reported by the London Telegraph in its article, " Saudis offer Russia secret oil deal if it drops Syria ," that: Saudi Arabia has secretly offered Russia a sweeping deal to control the global oil market and safeguard Russia’s gas contracts, if the Kremlin backs away from the Assad regime in Syria. It also stated, in addition to the offer, there was also an implicit threat: As-Safir said Prince Bandar pledged to safeguard Russia’s naval base in Syria if the Assad regime is toppled, but he also hinted at Chechen terrorist attacks on Russia’s Winter Olympics in Sochi if there is no accord.

January 14, 2015 0

China’s Iron Ore Inventories Post Biggest Decline in Two Years; Yuan Observation; Pro-Cyclical Stupidity

By News Desk

The Australian Business Review reports Iron Ore Price Reverse Gathers Pace, With New 2 percent Decline At the end of the latest offshore session, benchmark iron ore for immediate delivery to the port of Tianjin in China was trading at $US68.50 a tonne, down 1.9 per cent from its previous close of $US69.80 a tonne, and just 4 per cent above the five-and-a-half-year low of $US65.70 reached just prior to Christmas. At the start of the year optimism in the iron ore sector was beginning to grow as the commodity staged a recovery of almost 10 per cent from its December trough, but once again fears of a dead cat bounce are surfacing as oversupply worries dampen investor interest. Iron ore lost about 50 per cent over the course of last year as surging supply could not be met by a similar lift in demand and expansion plans from major producers threaten to exacerbate the oversupply situation in 2015