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How Western Sanctions Crippled Syria

The West has placed some form of sanctions on Syria since the Carter Administration when the nation was added to the State Sponsors of Terrorism List. George W. Bush increased sanctions in 2004 to push the “War on Terror” agenda as the US invaded sovereign nations under false pretenses. However, it was not until 2011 […]

Market Talk – July 6, 2022

ASIA:   The major Asian stock markets had a mixed day today:   NIKKEI 225 decreased 315.82 points or -1.20% to 26,107.65   Shanghai decreased 48.68 points or -1.43% to 3,355.35   Hang Seng decreased 266.41 points or -1.22% to 21,586.66   ASX 200 decreased 34.80 points or -0.52% to 6,594.50   Kospi decreased 49.77 […]

The Future – Post 2032 – A New Beginning?

QUESTION: Will you explain what Socrates foresees for after 2032 at this year’s WEC in November? I’m more concerned about my grandkids. A lot of people seem to be plagiarizing you these days. But all they have to offer is an opinion and we all have opinions. Socrates has been the only thing that has […]

Market Talk – July 5, 2022

ASIA: India’s gold imports in June nearly trebled from year-ago levels on correction in prices and as jewelers replenished inventories after robust sales during a key festival, Reuters reported. Higher imports by the world’s second-biggest bullion consumer could support benchmark gold prices, but the surge may increase India’s trade deficit and put pressure on ailing […]

Energy Crisis Driving Up Food Costs

Agriculture experts are calling this season one of the most important crop years in recent history. The supply chain has barely improved, exports are expensive, and we must rely on domestically grown and raised food more than ever. Everything is connected, as are the ongoing crises. The energy crisis is adding to rising food prices […]

Market Talk – July 1, 2022

ASIA: China’s huge manufacturing and service industries just saw their first month of growth since February, according to surveys published Thursday, as Covid restrictions were eased in many cities. But the shadow of further lockdowns still looms over the world’s second biggest economy as Beijing sends mixed messages about the best way out of the […]

Market Talk – June 30, 2022

ASIA: China’s factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday, as authorities lifted a strict COVID lockdown in Shanghai, reviving output and consumer spending. The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in June from 49.6 in May, the National Bureau of Statistics (NBS) […]

Macron Tells Biden to Rethink Energy Plans

French President Emmanuel Macron pulled US President Joe Biden aside at the G7 summit to explain a few basic facts. Biden has been demanding Middle Eastern nations ramp up their oil and gas production to help offset the energy crisis his administration has created. It’s ok to drill and take from the environment as long […]

Market Talk – June 29, 2022

ASIA: Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the price of Russian oil, a source familiar with the G7 discussions said on Tuesday, adding the two major oil consumers would have incentives to comply. The price-per-barrel cap level had not yet been determined, […]

Fuel Shipping Costs Soar

The cost of shipping has added another variable to the complicated global inflation and energy crisis. According to the Baltic Exchange data as reported by Bloomberg, hauling rates have reached a high not seen since April 2020. The TC-5 passage commonly used to transport fuel from the Middle East to Japan cost around $61 per […]