Syria Asks Germany Not To Deport Its Citizens Back Home, Fearing It Would Make Country 'Unsafe'

Global Energy Crisis Or Iranian Surrender In Five Weeks? Authored by Brandon Smith via Alt-Market.us The last time global energy markets witnessed a shock similar to what we might see this year was during the 1973 Arab Oil Embargo. Tensions were escalating in the aftermath of the Yom Kippur War when the Arab Coalition launched a surprise attack against Israel. OPEC nations joined forces to cut off oil to Israeli allies including the US. This froze around 15% of oil exports to America, triggering market speculation, hording and price inflation. The infection...

Neocon Grandee Robert Kagan Issues Surprise Scathing Critique Of Iran War Via Middle East Eye Robert Kagan, one of the United States’ most prominent neoconservative voices and a long-time pro-Israel hawk, has warned that Washington is heading towards "total defeat" in its war on Iran - a setback he says “can neither be repaired nor ignored”. Writing in The Atlantic, Kagan said the damage inflicted by the conflict cannot be reversed. "There will be no return to the status quo ante, no ultimate American triumph that will undo or overcome the harm done," he concluded bleakly. AFP...

Florida & Texas Lead Jobless Claims Rebound From Near Record Lows The number of Americans filing for unemployment benefits for the first time rose last week to 211k (more than the 205k expected), but remain well within the range of the last five years, near record lows... Source: Bloomberg Florida and Texas saw the biggest rise in initial claims while California and Michigan saw the largest declines... Continuing jobless claims also rose modestly last week, up to 1.782mm Americans (but still well below the 1.9mm Maginot Line)... Source: Bloomberg Combined with last week's positive payrolls...