French Military Flocking To Le Pen’s RN Party

Via FreeWestMedia.com,

A French study on the electoral behavior of soldiers and gendarmes which examined the votes in several municipalities where their presence is significant, found that the National Rally is growing on Republicans party voters.

read more

Prioritise economic growth, fiscal deficit notwithstanding

KUALA LUMPUR: As long as Putrajaya’s increased spending is for productive development supportive of economic growth, rating agencies are expected to maintain Malaysia’s sovereign ratings even if the fiscal deficit falls short of the targeted 3% in 2020…

read more

AIS banking on CS LoxInfo rebranding

CS LoxInfo rebranded itself on Tuesday to CSL after being acquired by Advanced Info Service (AIS) last year, expecting to be a huge revenue boon for the parent company as it pursues a strategy to provide full-scale information and communication technol…

read more

FLAMETHROWER

“The very existence of flamethrowers proves that sometime, somewhere, someone said to themselves, ‘You know, I want to set those people over there on fire, but I’m just not close enough to get the job done.” ― George Carlin

Via Knuckledraggin

read more

Hedge Funds Unexpectedly Set The Stage For An Oil Rally

As market participants continue to weigh two decisively bearish factors for oil prices—slowing oil demand growth and soaring non-OPEC oil supply—two potentially bullish drivers have made money managers return to buying oil in recent weeks. The possibil…

read more

Saudi Arabia’s Big IMO 2020 Lie

The recent announcement that Saudi Arabia’s Alfanar Group is to set up an office in the U.K. to oversee its multi-billion dollar renewable investments there is interesting not for says but for what it implies and what it implies is extremely misleading…

read more

Is This The Next Big Oil Disruption In The Middle East?

The political fortunes of the Kurds have ebbed and flowed over the decades. After a good run since achieving semi-autonomy in northern Iraq following the 1991 Gulf War, shifting Middle Eastern alliances and inconsistent, if not incomprehensible, U.S. f…

read more

Chevron Finds New Friend In Venezuela’s Juan Guaido

Hope for crisis-stricken Venezuela may be dwindling, but Chevron—who has been steadfastly operating in the country for almost 100 years despite the unattractive business environment—can rest a bit easier today as Western-recognized Venezuelan President…

read more

Heavy Oil Supply Crunch Cushions Canada From IMO 2020

An increasingly tighter supply of heavy crude will in all likelihood help Canada’s oil industry weather the unfavorable effects of the so-called IMO 2020 rules, which stipulate a much lower allowable level of sulfur in bunkering fuel. The new rules env…

read more

Johnson rules out election after leadership win

LONDON (July 23): Boris Johnson addressed Conservative members of Parliament after he was elected their leader and ruled out an early general election. He is preparing to take over as U.K. prime minister on Wednesday and is facing a new civil war insid…

read more

2:00PM Water Cooler 7/23/2019

Today’s Water Cooler: Pork exports to China, Harris, Klobuchar, Warren, Mueller, no more “smart shopping” for heatlh care, manufacturing, housing, trucking spot market, robots, how Amazon moves data, Boeing, coastal relocation, contrails, trees, hospit…

read more

The easiest (and safest) return on investment you’ll ever achieve

In 1993, William Kurt Hauser, a San Francisco investment analyst, presented his results from an incredibly interesting study. Hauser had analyzed tax revenues in the United States over time and came to the conclusion that tax revenue as a percentage of GDP had remained around a narrow band of 19% since 1946. That was astonishing. After all, over that same period, tax rates had been all over the place. The top marginal tax rate was as low as 28% in the 1980s and as high as 94% right at the end of WWII. But despite those extreme variations, overall tax revenue had barely changed. To better understand why, try and […]

read more

Venezuela’s Oil Production Could Soon Fall Below 500,000 Bpd

Venezuela, the country sitting on the world’s largest oil reserves, could be pumping as little as below 500,000 bpd of crude oil next year amid the economic and political crisis, IHS Markit said in an analysis on Tuesday. The sweeping sanctions that th…

read more

Ex PDVSA Manager Found Dead After Testifying In Spanish Court

Juan Carlos Márquez, 48, a former executive at PDVSA, was found hanged in a flat in Madrid on Sunday, days after he was arrested and appeared in court over his alleged role in money-laundering and corruption involving Venezuela’s state oil firm, Spanis…

read more

Sanders Campaign Raises Pay To $700 Per Hour By Laying Off Everyone Except Bernie

Via The Babylon Bee Washington, D.C—According to an official press release from the Bernie 2020 campaign, presidential hopeful Bernie Sanders will be raising his staff’s minimum pay to $700 per hour. While some questioned the feasibility of the new plan, the release explained that this can easily be accomplished by laying off everyone except Bernie … Continue reading “Sanders Campaign Raises Pay To $700 Per Hour By Laying Off Everyone Except Bernie”

read more

Libya Seizes Italian Ship In The Gulf Of Sirte

Another vessel has been seized on the high seas…but the parties involved might be surprising to some. 

Sputnik reports that Libya has seized an Italian vessel in the Gulf of Sirte.

The seizure comes as tensions between Iran and the UK climb as bo…

read more

The Real Cost Of Renewables In The U.S.

On July 23, if all goes well, one of California’ large municipally owned electric utilities, the Los Angeles Department of Water and Power (LADWP) will sign a contract with a combined solar power farm and storage battery operator. This proposed power p…

read more

Utility Builds Zero-Carbon Gas Power Plants

NET Power, a utility set up in 2010, is building zero-carbon natural gas-fired power plants in the United States and abroad and plans on making them cheap enough in the future to compete with traditional fossil fuel power plants. Forbes’s Jeff McMachon…

read more

Oil Tanker Off Yemen Coast Close To Exploding

An oil tanker idling off the coast of Yemen may be nearing an explosion, The Guardian reports citing experts and a warning by the UN-recognized Yemeni government. The government, which is fighting the Houthi rebels with the support of Saudi Arabia and …

read more

Venezuela Says Electromagnetic Attack Behind Latest Blackout

Another blackout turned the lights off in more than half of Venezuela, Reuters reports citing witnesses and social media posts. The report added that Caracas had blamed the blackout on an electromagnetic attack, without mentioning the state of disrepai…

read more

MAHB to collect outstanding PSC charges from AirAsia

KUALA LUMPUR (July 23): Acting on a recent decision by the Kuala Lumpur High Court, Malaysia Airports Holdings Bhd (MAHB) will be taking measures to collect some RM41.5 million in outstanding Passenger Service Charges (PSC) from AirAsia (AirAsia Group …

read more

Keeping the Oil in the Soil

The goal of any serious climate policy is to keep oil and other fossil fuels in the ground. The central question is how.

read more

Joanna Yu told to quit AmBank in 2015, High Court told

KUALA LUMPUR (July 23): Joanna Yu, the AmBank relationship liaison manager who managed the accounts of Datuk Seri Najib Razak implicated in the SRC trial, was instructed to quit the bank in 2015.
This was revealed in the High Court today by Yu, the 54t…

read more

Draft EEC town plan complete

A full draft of the new town plan for the government’s flagship Eastern Economic Corridor (EEC) is scheduled to go before the EEC Policy Committee for approval early next month.

read more

What Comes Next

Guest Post by The Zman There was a disturbing report the other day from Pew Research which claimed that 91% of Democrats think political violence is what comes next. In the same study, 61% of Republicans said violence is inevitable. The poll was done in the context of Trump spat with the foreign women in … Continue reading “What Comes Next”

read more

THIS DAY IN HISTORY – Detroit Riots begin – 1967

Via History.com The Detroit Riots were among the bloodiest riots in American history. The strife occurred during a period of Detroit’s history when the once-affluent city was struggling economically, and race relations nationwide were at an all-time low. The Detroit Police Department’s vice squad often raided illegal drinking establishments in the city’s poorer neighborhoods, and … Continue reading “THIS DAY IN HISTORY – Detroit Riots begin – 1967”

read more

QUOTES OF THE DAY

“When you live under such an oligarchy, there is always some crisis or the other that takes priority over boring stuff such as healthcare and pollution. If the nation is facing external invasion or diabolical subversion, who has the time to worry about overcrowded hospitals and polluted rivers? By manufacturing a never-ending stream of crises, … Continue reading “QUOTES OF THE DAY”

read more