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Iraq Revives Syria Land Route, Post-Assad, To Export Oil To Europe Via Middle East Eye Iraq has restarted overland oil exports through Syria, marking a significant shift in regional energy logistics as the US-Israeli war on Iran continues to wreak havoc on traditional shipping routes through the Strait of Hormuz. Ali Nazar, director general of Iraq’s state oil marketer Somo, said on Wednesday that the company had agreed to export 50,000 barrels per day of Basra medium crude via Syria to the Mediterranean, with plans to increase volumes. The crude will reach European markets through the Syrian port of...

Gentlemen cry peace, peace. But there is no peace. The war has barely begun. Though its position is untenable, the empire cannot slink away now. As things stand, Iran et al. have won an overwhelming strategic victory. One that cannot be undone. And everyone that matters in the world knows this to be true. That […]

Bigger Isn't Better: A Case For Downsizing The Federal Reserve Authored by via Paul Mueller via the American Institute for Economic Research (AIER), President Trump’s conflicts with Federal Reserve Chairman Jerome Powell and with Board of Governors member Lisa Cook have obscured real shortcomings at the Federal Reserve and brought little useful change. These conflicts tend to focus on whether the Fed’s target interest rate is too high or too low. Meanwhile, institutional problems at the Fed have been largely overlooked. But there is an opportunity here with Trump’s nominee for Fed chair, Kevin...