Economy

Saudi Arabia’s Oil Politics on Syria

U.S. Secretary of State John Kerry delivers a greeting from President Barack Obama during a meeting with King Abdullah of Saudi Arabia in Riyadh on November 4, 2013. [State Department photo/ Public Domain]

Exclusive: Typically when crude oil prices plummet, Saudi Arabia cuts back production to stop and reverse the fall, but this time that hasn’t happened, raising questions about why. Is the reason business or geopolitics, possibly a way to punish Russia and Iran over Syria, asks Andrés Cala.

How US Policy Unites Iran and China

President Barack Obama talks with President Hassan Rouhani of Iran during a phone call in the Oval Office, Sept. 27, 2013. (Official White House Photo by Pete Souza)

The proliferation of U.S. government’s economic sanctions against a growing multitude of countries and individuals has created confusion and animosity around the world, driving some countries, like Iran and China, closer together and threatening the future U.S. economy, say Flynt and Hillary Mann Leverett.

Is Latin America’s ‘Pink Tide’ Ebbing?

Brazil's President Dilma Rousseff addressing the United Nations General Assembly. (UN Photo by Marco Castro)

Exclusive: Many in Official Washington still consider Latin America their “backyard,” a place where U.S. interests rule and where leftist and reformist governments have historically faced “regime change” tactics. But the region has finally broken from U.S. control and isn’t ready to go back, reports Andrés Cala.

Chevron Invests in Political Campaigns

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Billionaires, such as the oilmen Koch Brothers, have exploited the bulldozing of campaign-finance laws to press their special interests but publicly traded corporations have been more hesitant, with the notable exception of Chevron, as Michael Winship notes.

The ‘Threat Multiplier’ of Climate Change

Image of Planet Earth taken from Apollo 17

Climate change – what the Pentagon calls a “threat multiplier” – could put the world on course toward worsening chaos or even extermination as nuclear-armed nations scramble to cope with environmental dislocations and resource shortages, a danger that could define the future, says ex-CIA analyst Paul R. Pillar.

The Neocons — Masters of Chaos

Assistant Secretary of State for European and Eurasian Affairs Victoria Nuland during a press conference at the U.S. Embassy in Kiev, Ukraine, on Feb. 7, 2014. (U.S. State Department photo)

Exclusive: America’s neoconservatives, by stirring up trouble in the Middle East and Eastern Europe, are creating risks for the world’s economy that are surfacing now in the turbulent stock markets, threatening another global recession, writes Robert Parry.

Israel’s ‘Moral Hazard’ in Gaza

Israeli Prime Minister Benjamin Netanyahu shows off photos that he claims justified the bombardment of Gaza. (Israeli government photo)

For generations now, the Israeli government has brutalized the Palestinian people, including this summer’s slaughter of more than 2,000 in devastated Gaza, but the Israelis also pass on the bill for repairing the damage to the international community, a lesson in moral hazard, says ex-CIA analyst Paul R. Pillar.

Misdiagnosing What Ails US Schools

President Barack Obama meeting with students.

The American Right likes to bash public school teachers for supposedly deviating from an “America-can-do-no-wrong” approach to history and generally “failing” the students, but that is a misdiagnosis of the problem, says Lawrence Davidson.

Guardrail Design Raises Concerns

ET-Plus, an energy-absorbing end unit for a highway guardrail. (Photo credit: Trinity Highway Products)

From the Archive: The New York Times just published a front-page article about state officials worried that guardrail end units installed on highways across America could kill and maim people. But Consortiumnews readers knew this problem in February 2013 based on a groundbreaking story by Daniel J. Goldstein.

The Why of Obama’s Failed Hope

President Barack Obama runs onto a stage in Rockville, Maryland, Oct. 3, 2013 (Official White House Photo by Pete Souza)

The election of Barack Obama in 2008 brought hope and optimism to Americans and non-Americans alike. But after one and a half terms, the reality is sinking in that for all the promised change, it’s the “same old, same old.” The big question is why, writes Australian Greg Maybury.