Socio-Economics History Blog

Socio-Economics & History Commentary

Saudis Fund Military Offensive on Libya’s Tripoli

  • PressTV Published on Apr 13, 2019
    Reports suggest that Saudi Arabia has funded a Libyan General’s military offensive on the country’s capital, Tripoli. The Wall Street Journal has cited senior advisors to the Saudi monarchy as saying that Riyadh offered General Khalifa Haftar tens of millions of dollars to help pay for the military campaign. The money has reportedly been used for buying the loyalties of tribal leaders, and recruiting militants, as well as other military purposes. Earlier this month, forces loyal to Haftar launched a surprise offensive by marching towards Tripoli.

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April 16, 2019 Posted by | Economics, GeoPolitics | , , , , , , | Leave a comment

‘Military Options in Venezuela’ Discussed at US Secret Meeting – Docs Obtained by Grayzone Reveal

  • Secretive meeting on US ‘military option’ in Venezuela reveals key figures of invasion push – report
    by https://www.rt.com/
    A hawkish US think tank has hosted a secretive meeting on Venezuela, bringing together American and South American officials to discuss the “use of military force” in the country, investigative journalist Max Blumenthal told RT.

    The exclusive piece shedding some light on the secretive gathering was published by the Grayzone portal on Saturday. Blumenthal has obtained a check-in list of a private roundtable dubbed ‘Assessing the Use of Military Force in Venezuela,’ which was hosted by the DC-based think tank the Center for Strategic and International Studies (CSIS).

    The roundtable was held on April 10, yet its check-list was misleadingly dated as April 20. The fact the meeting had actually taken place was confirmed to Blumenthal by its participants, whom he has reached for comment. They were not very eager to talk, though.

    read more.

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April 16, 2019 Posted by | Economics | , , , , , , , , | Leave a comment

US Think Tank Holds Secret Roundtable on Military Option in Venezuela – Report

  • Has Venezuela attack America? NO! Is Venezuela a threat to America? NO! So, why is America planing on war with Venezuela? OIL!
  • US Think Tank Holds Secret Roundtable on Military Option in Venezuela – Report
    by https://sputniknews.com/
    The military option has been discussed at a secret off-the-record meeting organized by Washington-based think tank earlier last week. A military intervention in Venezuela has been reportedly discussed at a private roundtable hosted on 10 April by the Washington-based Centre for Strategic and International Studies (CSIS), The Gray Zone reported Sunday.

    Straightforwardly named “Assessing the Use of Military Force in Venezuela,” the off-the-record meeting involved some 40 figures, including former State Department, National Intelligence Council, and National Security Council officials, as well as Admiral Kurt Tidd who recently left the post of the US SOUTHCOM commander.

    Several senior officials from Colombian and Brazilian embassies as well as representatives of Venezuelan opposition leader Juan Guaido also participated in the meeting. The fact that the meeting took place has been confirmed by two unnamed participants, but no other details are available, The Gray Zone reports.

    read more.

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April 15, 2019 Posted by | GeoPolitics | , , , , , , , , | Leave a comment

Saudi Arabia Bankrolling Haftar’s Bid To Seize All Of Libya

  • OIL!
  • Saudi Arabia Bankrolling Haftar’s Bid To Seize All Of Libya
    by Tyler Durden, https://www.zerohedge.com/
    “Haftar would not be a player today without the foreign support he has received,” a Libyan affairs expert told The Wall Street Journal in a new lengthy profile of the Benghazi-based General Khalifa Haftar, whose Libyan National Army (LNA) is advancing this week on Tripoli.

    As Haftar consolidated power over much of the country’s war ravaged east, also making huge gains in the past year over the south, he’s all along enjoyed the political backing of an unlikely assortment of powerful countries that include the United Arab Emirates, Egypt, France, and Russia. But the new WSJ report reveals his latest major external backer with endlessly deep pockets:

    Days before Libyan military commander Khalifa Haftar launched an offensive to seize the capital and attempt to unite the divided country under his rule, Saudi Arabia promised tens of millions of dollars to help pay for the operation, according to senior advisers to the Saudi government.

    read more.

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April 15, 2019 Posted by | GeoPolitics | , , , , , , | Leave a comment

On the Brink: Pakistan and India in Kashmir

  • RT America Published on Apr 12, 2019
    Jesse Ventura and producer Brigida Santos discuss the future of America’s relationship with Saudi Arabia as the U.S. gears up to surpass the Kingdom as the world’s top oil exporter. Professor Chitralekha Zutshi talks about the crisis in Kashmir and why tensions are escalating in the region between India and Pakistan.

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April 13, 2019 Posted by | GeoPolitics | , , , , , , | Leave a comment

Is the United States Threatening to Invade Venezuela?

April 13, 2019 Posted by | GeoPolitics | , , , , , | Leave a comment

What You’re Not Being Told About Gold, the USD & the Euro | Rob Kirby

  • Reluctant Preppers Published on Apr 9, 2019
    ​Proprietary analyst and founder of KirbyAnalytics.com, Rob Kirby, returns to Reluctant Preppers to expose hard-hitting facts about the prospects of the US-China Trade talks, geopolitical tensions in Venezuela, multiple major world economic powers rolling off the USD standard, and mind-opening behind-the-scenes revelations you never heard about the Euro and the controversial trust of gold worldwide. Better buckle up for this one, folks! Article mentioned in this interview: https://www.zerohedge.com/news/2019-0…

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April 12, 2019 Posted by | Economics | , , , , , , , , , , , , , , | Leave a comment

Who is Mysterious Libyan General with Ties to CIA?

  • Entire operation smells of CIA – Big Oil shenanigans. Who owns Big Oil? The Satanic bloodlines.
  • RT America Published on Apr 8, 2019
    Field Marshal Khalifa Haftar, who has captured Libya’s oil fields and whose army is on the verge of seizing Tripoli and overthrowing the UN-backed “Government of National Accord” was once a CIA asset, trained by their “Special Activities Division.” RT America’s Michele Greenstein and former Pentagon official Michael Maloof join Rick Sanchez to discuss the shadowy origins of “the Libyan Caesar. #TheNewsWithRickSanchez #RTAmerica #QuestionMore
http://www.addictedtowar.com/docs/The.War.Against.the.Third.World.pdf

Click on image to goto the free pdf book.

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April 10, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , | Leave a comment

Libya Escalation: Warplane Bombs Tripoli’s Airport

  • PressTV Published on Apr 8, 2019
    A warplane has pounded the Libyan capital Tripoli’s only functioning airport as fighting rages on for the control of the city. Officials say Mitiga Airport was closed and passengers were forced to leave the terminal following the attack. No casualties have been reported. Neither side of the country’s rival forces has yet claimed responsibility for the incident. The United Nations has denounced the airstrike, blaming renegade General Khalifa Haftar’s forces for the attack. Meanwhile, EU foreign policy Chief Federica Mogherini has called for a full implementation of humanitarian truce in the oil-rich country.

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April 9, 2019 Posted by | Economics, GeoPolitics | , , , , , | Leave a comment

Saudis Threaten to Ditch Dollar: Call Their Bluff?

  • RT America Published on Apr 5, 2019
    Rick Sanchez explains how the importance of oil is what made the US the internationally recognized world reserve currency. But now the Kingdom of Saudi Arabia is threatening to sell its oil in alternative currency if Washington passes the “NOPEC” bill, aimed at applying economic pressure to oil-exporting countries. RT America’s John Huddy joins Rick Sanchez to discuss.
  • Saudi Arabia Mulls Ditching Dollar in Bid to Stop US Anti-OPEC Law – Report
    by https://sputniknews.com/
    The No Oil Producing and Exporting Cartels Act (NOPEC) was first introduced in 2000 to combat OPEC’s price regulation, but had little success in Congress. However, prior to being elected US president, Donald Trump expressed vocal support for the bill in 2011.

    Riyadh has plans to switch its oil trade away from using the dollar to other currencies if the US passes the NOPEC bill, which would extend American anti-trust laws to foreign entities such as OPEC, Reuters reported, citing three anonymous sources familiar with Saudi energy policy. This “nuclear option” was reportedly recently discussed by senior Saudi energy officials and even expressed to the US.

    read more.

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April 6, 2019 Posted by | Economics, GeoPolitics | , , , , , , | Leave a comment

Congress Votes to Withdraw US Support from Saudi-Led Yemen War

  • Did Yemen attack America? NO! Is Yemen a threat to America? NO! So why is America at war with Yemen? OIL! See articles below.
  • RT Published on Apr 5, 2019
    The US House of Representatives has voted in favor of ending #US involvement in the #war in #Yemen, but the bill is expected to be vetoed by President Donald Trump as the White House cites “serious constitutional concerns.” READ MORE: https://on.rt.com/9rir
  • Saudi Arabia Stealing 65% of Yemen’s Oil in Collaboration with Total: Report
    by https://ahtribune.com/
    A Yemeni economic expert disclosed that Saudi Arabia is stealing his country’s crude reserves in bordering regions in collaboration with the French energy giant, Total.

    read more.
  • Riyadh’s Dirty Secret: Saudi Arabia Thirsty for Yemeni Oil, Gas Reserves
    by https://sputniknews.com/
    Why does Saudi Arabia continue to bomb Yemen back into the Stone Age? The crux of the matter is that Yemen has oil reserves, while Riyadh is steadily running out of the commodity, American political analyst Phil Butler explains.

    According to American political analyst and researcher Phil Butler, the US-backed Saudi Arabian war against Yemen is neither about the longstanding sectarian strife between Sunnis and Shiites, nor about the much-discussed military campaign aimed against al-Qaeda in the region.

    While Western media outlets usually refer to Yemen as a “small” energy producer, the truth of the matter is the country is sitting on substantial oil and gas reserves, which Saudi Arabia and its allies want to control, Butler notes.

    read more.
https://www.commondreams.org/news/2018/08/06/us-now-allied-al-qaeda-yemen-ap-reveals-american-backed-saudi-coalition-forged-deals

Click on image for article.

http://www.foxnews.com/world/2018/08/07/unite-with-devil-yemen-war-binds-us-allies-al-qaida.html

Click on image for article.

https://news.antiwar.com/2018/03/28/mattis-admits-us-involved-in-planning-saudi-strikes-in-yemen/

Click on image for article.

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April 6, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , | Leave a comment

Saudi Arabia Ready to Ditch Petrodollar as ‘Nuclear Option’ to Stop NOPEC Bill – Reports

  • Saudi Arabia Ready to Ditch Petrodollar as ‘Nuclear Option’ to Stop NOPEC Bill – Reports
    by https://www.rt.com/
    Saudi Arabia is reportedly threatening to sell its oil in other currencies if the US passes a bill permitting antitrust lawsuits to be filed against OPEC members in US courts, a move which would decimate the tottering petrodollar.

    If the US infringes on OPEC states’ sovereign immunity and greenlights lawsuits for antitrust violations, energy officials in Riyadh are prepared to sell their oil in other currencies, according to multiple sources familiar with Saudi energy policy, one of whom told Reuters the threat has already been communicated to high-ranking US energy officials.

    “The Saudis know they have the dollar as the nuclear option,” one of the sources reportedly said, while another cited Saudis as saying “let the Americans pass NOPEC and it would be the US economy that would fall apart.”

    Such a move has the potential to topple the US dollar’s status as the world’s reserve currency, particularly since other OPEC members –namely Iran and Venezuela– have their own reasons to ditch the petrodollar, under US sanctions as they are, and non-OPEC oil producers like Russia also mulling such a measure.


    The bill in question, called the No Oil Producing and Exporting Cartels Act (NOPEC), was first introduced in 2000, and would potentially give Washington ability to control global oil output and prices through threats of lawsuits against OPEC members.

    read more.

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April 5, 2019 Posted by | Economics, GeoPolitics | , , , , , , , | Leave a comment

Petrodollar Panic: Saudis Threaten To Dump USD-Oil Trades Over OPEC Anti-Trust Bill

  • Petrodollar Panic: Saudis Threaten To Dump USD-Oil Trades Over OPEC Anti-Trust Bill
    by Tyler Durden, https://www.zerohedge.com/
    Three year ago – almost to the day – Saudi Arabia rattled its first sabre towards the United States, with an implicit threat to dump US Treasuries over Congress’ decision to allow the Saudis to be held responsible for the 9/11 attacks.

    In a stunning report at the time by the NYTimes,  Saudi Arabia told the Obama administration and members of Congress that it will sell off hundreds of billions of dollars’ worth of American assets held by the kingdom if Congress passes a bill that would allow the Saudi government to be held responsible in American courts for any role in the Sept. 11, 2001, attacks.

    Then, six months ago, the Saudis once again threatened to weaponize their wealth as the biggest importer of arms from America in the world.

    And nowReuters reports, citing three unidentified people familiar with Saudi energy policy, Saudi Arabia is threatening to drop the dollar as its main currency in selling its oil if the U.S. passes a bill that exposes OPEC members to U.S. antitrust lawsuits.

    While the death of the petrodollar has long been predicted (as the petroyuan gathers momentum), this is the most direct threat yet to the USDollar’s exorbitant privilege…

    “The Saudis know they have the dollar as the nuclear option,”
    one of the sources familiar with the matter said.


    “The Saudis say: let the Americans pass NOPEC and it would be the U.S. economy that would fall apart,”
    another source said.


    Riyadh reportedly communicated the threat to senior U.S. energy officials
    , one person briefed on Saudi oil policy told Reuters


    As Reuters details, NOPEC, or the No Oil Producing and Exporting Cartels Act, was first introduced in 2000 and aims to remove sovereign immunity from U.S. antitrust law, paving the way for OPEC states to be sued for curbing output in a bid to raise oil prices.

    read more.

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April 5, 2019 Posted by | Economics, GeoPolitics | , , , , , , | Leave a comment

US Creates Venezuela Rescue Plan in Case Maduro Govt Falls (ie. CIA Coup)

  • RT Published on Apr 4, 2019
    The #US is developing a rescue #plan for #Venezuela‘s economy – designed to pump cash into the country through banks, smartphones and apps. But even though the Trump administration isn’t rushing to reveal the details, the plan has one key condition.
  • What’s behind all the American BS about Venezuela? OIL!
  • Oil reserves in Venezuela
    From Wikipedia, the free encyclopedia
    The proven oil reserves in Venezuela are recognized as the largest in the world, totaling 297 billion barrels (4.72×1010 m3) as of 1 January 2014.[1] In early 2011, then-president Hugo Chávez and the Venezuelan government announced that the nation’s oil reserves had surpassed that of the previous long-term world leader, Saudi Arabia.[2]OPEC said that Saudi Arabia’s reserves stood at 265 billion barrels (4.21×1010 m3) in 2009.[3]

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April 5, 2019 Posted by | Economics, GeoPolitics | , , , , , , , , , | 2 Comments

Are UK Soldiers Fighting on the Ground in Yemen?

  • Why are America and Britain attacking Yemen? Did Yemen attack them? NO! Is Yemen a threat to them? NO! The real reason is: OIL! Lots of it discovered in Yemen.
  • RT Published on Apr 2, 2019
    The UN has reportedly launched an investigation into the involvement of British special forces in Yemen.
https://www.commondreams.org/news/2018/08/06/us-now-allied-al-qaeda-yemen-ap-reveals-american-backed-saudi-coalition-forged-deals

Click on image for article.

http://www.foxnews.com/world/2018/08/07/unite-with-devil-yemen-war-binds-us-allies-al-qaida.html

Click on image for article.

https://news.antiwar.com/2018/03/28/mattis-admits-us-involved-in-planning-saudi-strikes-in-yemen/

Click on image for article.

http://www.globalresearch.ca/vietnam-war-and-yemen-false-flags-the-gulf-of-tonkin-incident-vs-the-alleged-missile-attack-on-uss-mason-off-the-coast-of-yemen/5552257

Click on image for article.

http://news.antiwar.com/2016/10/16/us-again-attacks-yemen-coast-despite-growing-doubts-over-missiles/

Click on image for article.

https://sputniknews.com/military/201610181046433259-yemen-radar-glitch/

Click on image for article.

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April 3, 2019 Posted by | GeoPolitics | , , , , , , , , , | Leave a comment