Now that Saudi Arabia has severed diplomatic ties with Iran and reportedly bombed Iran’s embassy in Yemen, the big question is whether the Saudis are desperate and unhinged enough to launch an attack across the Persian Gulf. While Saudi leaders insist they have no such intent, there are mounting pressures pushing them in that direction. The ruling family is under unprecedented strain. Its …
The Biggest Threat to Global Economy? Climate Change.
Failure to mitigate and adapt to climate change is the greatest threat facing the world’s economy in 2016, according to the “unprecedented” results of the World Economic Forum’s (WEF) annual survey, released Thursday. WEF conducted its yearly poll of 750 experts ahead of the body’s summit in Davos, Switzerland next week. The Global Risks Report found that worldwide threats are …
The ‘Real’ Price Of Oil Is Below $17
“You see a big destruction in the income of the oil and commodity producers,” exclaims on analyst but, as Bloomberg notes, while oil prices flashing across traders’ terminals are at the lowest in a decade, in real terms the collapse is considerably deeper. Adjusted for inflation, WTI is its lowest since 2002 and worse still Saudi Light Crude is trading …
Bamzi Banchiri – What are Americans willing to trade their privacy for?
Many Americans are willing to share their private information, but it depends on what they get in return. A Pew Research Center study released on Thursday revealed that Americans are often reluctant to disclose personal information, and get upset when companies use it to target them with ads. Yet a majority of those surveyed said that they might be willing …
Low-fiber diet may cause irreversible depletion of gut bacteria over generations
A study by Stanford University School of Medicine investigators raises concerns that the lower-fiber diets typical in industrialized societies may produce internal deficiencies that get passed along to future generations. The study, conducted in mice, indicates that low-fiber diets not only deplete the complex microbial ecosystems residing in every mammalian gut, but can cause an irreversible loss of diversity within …
‘Richest Generation’? Baby Boomers Face Deep Inequalities
It’s a familiar trope in U.S. society that baby boomers are the “richest generation.” But a report released online Thursday by the Population Reference Bureau shows that wealth is unequally distributed among this demographic, with people born between 1946 and 1964 facing pronounced disparities along race and gender lines. For people 65 and older, the poverty rate has decreased dramatically …
Inside the Chinese Meltdown Rocking Wall Street, Part 2
Controlled Press, Out-of-Control Pollution and Corruption How do we know what we know about China? Tens of billions of dollars are invested in China’s markets and manufacturing sector based on government-generated statistics whose accuracy is—and should be — widely questioned. Under China’s authoritarian power structure, the media, including the Internet, is tightly controlled. The most professional-appearing media outlets with the …
Glenn Greenwald – Al Jazeera America Terminates All TV and Digital Operations
xecutives of Al Jazeera America (AJAM) held a meeting at 2 p.m. Eastern Time to tell their employees that the company is terminating all news and digital operations in the U.S. as of April 2016, resulting in the loss of hundreds of jobs. The announcement marks a stunning and rapid collapse of what, from the start, has been a towering failure. AJAM began when …
Face It: A Vote for Hillary Clinton Is a Vote for War
Can we please stop kidding ourselves that the likely Democratic candidate is different from most of her would-be Republican rivals? Less than a week out from the next Democratic debate—and less than a month from the Iowa caucuses—it’s time for all of us to acknowledge what is plainly true: A vote for Hillary Clinton is a vote for war. Liberals …
Pepe Escobar – Does China hold key to the Afghan puzzle?
Just like Lazarus, there were reasons to believe the Afghan peace process might have stood a chance of being resurrected this past Monday in Islamabad, as four major players – Afghanistan, Pakistan, the US and China – sat together at the same table. The final communiqué though was not exactly ground breaking: “The participants emphasized the immediate need for direct …










