Oil prices have perked up and oil price moves can lead market rallies. Is this a false positive or an early sign?
China
With Japan just having taken over the presidency of the Group of 7 at the beginning of 2023, Prime Minister Fumio Kishida has wound up a six-day visit to Britain, France, Italy, Canada and the United States. One of his main aims was to gain support for the rearmament of Japan, justifying it on the Continue reading »
The US is the biggest bully in the Pacific, with rings of military bases blocking and threatening China, writes Tom Orsag.
The post US bases positioned for war against China appeared first on Solidarity Online.
Gas swan dive due to LNG glut in China?
The new year gets off to a rousing start with the launch of a new bi-weekly talk show with Radhika Desai and Michael Hudson.
Just in time, the fundamental faults of AUKUS are being exposed in Canberra and Washington. This development is not only due to the mounting concern among Australian civil society groups. The Australian mainstream media are now discussing the hitherto unmentionable drawbacks of AUKUS. But it’s because two US Senators, Democrat Jack Reed and Republican James Continue reading »
The US is pressing an (over) eager Japan to develop offensive capabilities, with an eye to a conflict with China.
On 5 January, the Taliban-led government of Afghanistan signed a contract with Chinese companies Xinjiang Central Asia Petroleum and Gas Co. (CAPEIC) to extract oil from the nation’s northern provinces. The oil is set to be extracted from the Amu Darya basin, marking the first time Kabul signs a public commodities extraction deal with a Continue reading »
Oopsie! Mr. Market is not cooperating with the Biden plan to replenish the Strategic Petroleum Reserve at prices better than $70 a barrel