Aug. 20, 1953//Prime Minister Ousted in Coup//The Central Intelligence Agency backs a plan, coordinated with British intelligence, to overthrow the Iranian prime minister, Mohammed Mossadegh. The plan has the approval of President Dwight D. Eisenhower and is conceived because of British concerns over petroleum exports and the relationship of the prime minister with the Soviets. The coup, orchestrated by an American agent, leads to the ouster of Mr. Mossadegh, and the shah, Mohammed Reza Pahlavi, becomes an authoritarian monarch. Continue reading Iran Crisis Has Always Been America’s Creation, Enemy of Necessity, and Oil
Pamela Turner was killed by a police officer in a scuffle
Shocking footage has shown the moment a police officer opened fire and killed a woman moments after she told him she was pregnant.
The confrontation unfolded in Baytown, Texas, on Monday evening (local time) when an officer tried to arrest Pamela Turner, 44, over outstanding warrants.
Graphic video showed the officer struggling with the woman who could be heard yelling, “I’m pregnant”. Continue reading US – Police Officer kills ‘pregnant’ woman with mental health issues in Baytown, Texas
The flow of news continues from the Persian Gulf at a rapid pace. On Tuesday, sites connected to the oil industries of Saudi Arabia and the United Arab Emirates were reportedly hit for the second time this week. And according to a New York Times report, the White House is considering military plans against Iran, one of which includes the dispatch to the region of a huge taskforce of 120,000 soldiers. (U.S. President Donald Trump denied the report on Tuesday.) Iran’s choice of targets is already causing unusual volatility in the oil market and is of concern to the Trump administration. Continue reading Analysis Iran Threatens the Saudi-U.S. Axis Without Taking Direct Responsibility
London (CNN Business)China is striking back at the United States as the trade war between the world’s two biggest economies continues to escalate.
Beijing said Monday that it will increase tariffs on roughly $60 billion worth of US goods on June 1, including American cotton, machinery, grains and aircraft parts. More than 4,000 items are affected, most of which will carry tariffs of 25% — up from 10% when they were first levied last September.
The move follows Friday’s increase in US tariffs on $200 billion worth of Chinese exports from 10% to 25%. The Trump administration, which has accused China of backtracking on previous trade commitments, sought to turn up the pressure on Beijing after months of talks failed to produce a breakthrough. But it’s not clear whether the return of tit-for-tat penalties will push Beijing toward a deal.
US and Chinese negotiators ended another round of talks on Friday without an agreement to resolve American concerns on market access and intellectual property theft.
Continue reading China hits back in trade war with US
It’s been seven months since Jamal Khashoggi, a Saudi journalist and dissident, was brutally murdered inside the country’s consulate in Istanbul. His dismembered body has still not been found. The Saudi Royal Family remains the chief suspect.
Yet for globetrotting capitalists in search of opportunity in Riyadh, it’s back to business as usual.
BlackRock founder, Larry Fink, recently told The New York Times he wants to engage the Saudis rather than shun them for whatever internal troubles led to the killing of a respected member of the press and columnist for The Washington Post. Other companies, including Google, Softbank, and HSBC, are also planning business ventures with the Saudis, The Times reported. Continue reading Jamal Khashoggi’s death highlights need for unity on World Press Freedom Day