The Iran Nuclear Deal Won’t Happen Any Time Soon

The Iran Nuclear Deal Won’t Happen Any Time Soon Authored by Cyril Widdershoven via OilPrice.com, Global oil markets have been on edge recently due to the continuing JCPOA discussions and the possibility of the U.S. rejoining the deal. While there have been no real breakthroughs in the discussions so far, the possibility of Iranian oil… Continue reading The Iran Nuclear Deal Won’t Happen Any Time Soon

Another boom rattles San Diego windows, raises questions. Was it the Marines?

After another window-rattling boom in San Diego County, the third since February, a pattern may be emerging, if not a definitive answer. On all three days, U.S. Marines at Camp Pendleton were training with “high explosive munitions,” lobbing artillery and mortar shells downrange. “Depending on atmospheric conditions, the sound of the explosions may be amplified… Continue reading Another boom rattles San Diego windows, raises questions. Was it the Marines?

Container Ship Orders Surge As Firms Race To Add Capacity

Container Ship Orders Surge As Firms Race To Add Capacity About a year ago, shipbreaking was in full swing as the global economy was in tatters. After Western economies injected trillions of dollars in fiscal stimulus, supercharging consumers, maritime traffic between the US and China has been off the charts, resulting in shipping lines adding… Continue reading Container Ship Orders Surge As Firms Race To Add Capacity

FAO Warns Soaring Food Import Costs Could Induce “Potential Crisis” In Emerging Markets 

FAO Warns Soaring Food Import Costs Could Induce “Potential Crisis” In Emerging Markets  Food prices are absolutely outrageous now, but they appear only to be moving higher as the year progresses. According to a new Food and Agriculture Organization of the United Nations (FAO) report, global food import costs are estimated to jump in 2021 to… Continue reading FAO Warns Soaring Food Import Costs Could Induce “Potential Crisis” In Emerging Markets 

US Commerce Chief Expressed Concerns to Chinese Counterpart, Washington Says

SHANGHAI/WASHINGTON—The Biden administration’s top commerce official told her Chinese counterpart that Washington is concerned about Beijing’s unfair and market-distorting industrial policies, the Commerce Department said on Thursday, the latest high-level exchange as the countries spar over disagreements. The department said U.S. Commerce Secretary Gina Raimondo’s phone call with China’s Commerce Minister Wang Wentao also included… Continue reading US Commerce Chief Expressed Concerns to Chinese Counterpart, Washington Says

Washington Moves To Make Sensitive Private Data Available For “Minority Report”-Style AI Research

Washington Moves To Make Sensitive Private Data Available For “Minority Report”-Style AI Research Earlier this week, the investigative journalism outfit ProPublica published a story using data gleaned from the tax returns of America’s richest individuals to determine exactly how much each of them paid in tax vs. the amount by which their wealth increased in… Continue reading Washington Moves To Make Sensitive Private Data Available For “Minority Report”-Style AI Research

This Close US Ally Is Selling China Billions In Military-Related Equipment

This Close US Ally Is Selling China Billions In Military-Related Equipment Authored by Mark Curtis via Consortium News, The UK government has authorized the sale of £2.6-billion worth of military and civilian equipment with potential military use to China in the past three years, government figures show. Last year saw a tripling in exports to China of… Continue reading This Close US Ally Is Selling China Billions In Military-Related Equipment