Tag: food supplies

Saudis say US sought 1 month delay of OPEC+ production cuts

Tina Marie (Ms. Cat)

DUBAI, United Arab Emirates (AP) — Saudi Arabia said Thursday that the U.S. had urged it to postpone a decision by OPEC and its allies — including Russia — to cut oil production by a month. Such a delay could have helped reduce the risk of a spike in gas prices ahead of the U.S. midterm elections next month.

Saudis say US sought 1 month delay of OPEC+ production cuts

Related:

Saudi Arabia Defied U.S. Warnings Ahead of OPEC+ Production Cut

The one-month delay requested by Washington would have meant a production cut made in the days before the election, too late to have much effect on consumers’ wallets ahead of the vote.

…

To entice the Saudis to delay their decision, U.S. officials told the kingdom they would buy oil on the market to replenish Washington’s strategic stockpiles if the price of Brent, the main international benchmark, fell to $75 a barrel, according to U.S. officials and people inside the Saudi government.

Quid pro quo, huh?! 🧐💭

‘Nuclear Winter’ Discussed in Newly Released Reagan-Era Documents

Tina Marie (Ms. Cat)1 Comment

Newly released government documents from the 1980s outline the devastation that would be wrought on the planet if nuclear superpowers go to war—which should serve as a reminder for policymakers to prioritize peace negotiations as the war in Ukraine rages on, according to Scott Horton, editorial director of Antiwar.com.

‘Nuclear Winter’ Discussed in Newly Released Reagan-Era Documents

Related:

Nuclear Winter: U.S. Government Thinking During the 1980s

The Inflation Crisis Of 2022 Is Now Worse Than Anything That We Experienced During The 1970s

Tina Marie (Ms. Cat)

Most Americans don’t realize this, but we truly have entered historic territory. As you will see below, the inflation crisis of 2022 has now escalated to a level that is beyond anything that we experienced during the horrible Jimmy Carter era of the 1970s. If you are old enough to have been alive back then, you probably remember the constant headlines about inflation. And you also probably remember that it seemed like the impotent administration in power in Washington was powerless to do anything about it. In other words, it was a lot like what we are going through today. Unfortunately for us, this new economic crisis is still only in the very early chapters.

The Inflation Crisis Of 2022 Is Now Worse Than Anything That We Experienced During The 1970s