US privilege becomes even more exorbitant
Today’s dollar jitters are no surprise; the few Keynesian economists left have long thought them overdue. Here’s why.
James K Galbraith
Race begins for Libya’s oil
THE world’s biggest energy companies are preparing to fight it out for a stake in Libya’s alluring oil and gas industry.
Saudi Arabia: Tribal timebomb
Exclusive information gathered by Asia Times Online suggests that the latest incident of violence in the port city of Jeddah in Saudi Arabia is the manifestation of extreme discontent within the Saudi socio-political system, which will be further reflected in the shape of more violence in the coming days.
Battlefield Earth
The environment is in trouble and the religious right doesn’t care. It’s time to act as if the future depends on us – because it does.
Oil: The Dividing Line Of The New Cold War
Virtually all of the recent political machinations in the region, including, not only the Iraq war, but also developments in Iran, and the Ukraine’s recently disputed Presidential election, can be best understood through the prism of oil pipeline politics.
US: Federal energy regulators smooth the way for liquefied natural gas terminals
After scores of private meetings with Big Oil giants such as ExxonMobil and ChevronTexaco, the Federal Energy Regulatory Commission is aggressively undermining the authority of state and local governments to reject dozens of proposed liquefied natural gas facilities all across the country.
No Escape from Dependency
The looming energy crisis overshadows Bush’s second term writes the author of Blood and Oil: The Dangers and Consequences of America’s Growing Petroleum Dependency
The Corporate Attack on Organic Agriculture
What could be wrong with farming in concert with nature—eliminating toxic agrichemicals and the use of genetically engineered crops? Well, plenty if you are a CEO at Monsanto, Dupont, or any number of other “life-sciences” companies that have invested in an escalating smear campaign aimed at discrediting organic farming.
Saudis want boost in oil stocks ahead of Opec cuts
Saudi Arabia, the most powerful member of the Organisation of Petroleum Exporting Countries, said on Wednesday that global oil stocks needed to increase before Opec would have to cut production, a stance that puts it at odds with most of its fellow oil cartel members.
Putin’s push for a strategic triangle
Russia is again calling for a Moscow-New Delhi-Beijing axis, an alliance of three nuclear-armed countries of some 2.5 billion people that theoretically would be able to balance US power in coming years.
Britain missing emissions target
Tony Blair today conceded that Britain is likely to miss its self-imposed target for reducing carbon dioxide emissions, but insisted it would still meet its commitments under the Kyoto protocol.
US stocks tumble after Saudi attack
US blue-chip stocks fell on Monday as oil prices nudged higher after an attack on a US consulate in Saudi Arabia, but technology stocks rose, helped by a broker’s hike in earnings and revenue estimates for Apple Computer.
