Oil Extends Slump Past 13-Month Low on Mounting Pandemic Fears

Oil extended losses after closing at a 13-month low as more new coronavirus cases were reported outside China than within, adding to fears the world is on the brink of a pandemic that will take a hefty toll on economic growth.
— Read on www.msn.com/en-us/finance/markets/oil-extends-slump-past-13-month-low-on-mounting-pandemic-fears/ar-BB10rN5l

Oh shite! The US needs to start another war to bring these prices back up! *sarcasm*

2021 Pentagon Budget Request Hints at Russia and China as the New Focus of US Empire

The Pentagon is shifting its strategy, budget and arsenal to focus on a confrontation with Russia and China, writes Darius Shahtahmasebi.
— Read on www.mintpressnews.com/2021-pentagon-budget-request-russia-china/265124/

An M-1 Abrams is unloaded in Bremerhaven, Germany, part of the largest deployment of US forces to Europe in 25 years, Feb. 20, 2020. Photo | DVIDS

Nice color, huh?! Looks like baby diarrhea! 😂

Economic Expert Discloses US-Saudi Arabia Agreement on Yemen’s Oil Reserves

“Saudi Arabia has signed a secret agreement with the US to prevent Yemen from utilizing its oil reserves over the past 30 years,” Yemeni Economist Hassan Ali al-Sanaeri told FNA on Sunday.

“The scientific research and assessments conducted by international drilling companies show that Yemen’s oil reserves are more than the combined reservers of all the Persian Gulf states,” he added.

Al-Sanaeri added that Yemen has abundant oil reserves in Ma’rib, al-Jawf, Shabwah and Hadhramaut regions.
— Read on www.tehrantimes.com/news/409031/Economic-Expert-Discloses-US-Saudi-Arabia-Agreement-on-Yemen-s

The Mad Geopolitics of Israel’s EastMed Gas Pipeline

“Turkey’s recent interest in Libya is directly related to blocking Cyprus gas exploration and declaring vast Turkish offshore space legal for its drilling ships.

On November 27, 2019 Turkey’s President Recep Tayyip Erdoğan signed a bilateral agreement on maritime boundaries in the southeastern Mediterranean. It would redraw existing recognized sea boundaries to give Libya exclusive rights for some 39,000 square kilometers of maritime waters belonging to Greece. The new joint zone of Tripoli-Turkey runs directly between the both countries and completely ignores the fact it violates Greek waters off Crete. Conveniently, it would cut directly across the planned Israel-Cyprus-Greece EastMed pipeline route. Without Turkey’s approval, Turkey has suggested the Greek EastMed pipeline would be a non-starter.

The ongoing war between Haftar and Tripoli’s GNA becomes even more complex, as Israel is also backing Haftar who now controls Benghazi and much of Tobruk along the Mediterranean coastline. Since 2017 the Israeli military have secretly been supporting Haftar in his attempt to gain control of Libya.”

— Read on williamengdahl.com/englishNEO19Jan2020.php