OPEC mulls a long-term alliance with Russia to keep oil prices stable

OIL bears beware. On February 20th Suhail al-Mazrouei, OPEC’s rotating president and energy minister of the United Arab Emirates, said the 14-member producers’ group is working on a plan for a formal alliance with ten other petrostates, including Russia, aimed at propping up oil prices for the foreseeable future. If it comes to anything, it […]

Donald Trump mulls restrictions on steel and aluminium imports

TEN months ago the Trump administration took aim at steel and aluminium imports, giving itself a year to decide whether they threatened national security and, if so, what to do about it. On February 16th it concluded that America is indeed under threat. The president has until mid-April to choose whether to respond. The reports […]

OPEC mulls a long-term alliance with Russia to keep oil prices stable

OIL bears beware. On February 20thSuhail al-Mazrouei, OPEC’s rotating president and energy minister of the United Arab Emirates, said the 14-member producers’ group is working on a plan for a formal alliance with ten other petrostates, including Russia, aimed at propping up oil prices for the foreseeable future. If it comes to anything, it could […]

Sweden mulls building 50,000 new nuclear bunkers

The Swedish government is considering almost doubling the number of bunkers in the country over ten years. The move would be to ensure readiness for an attack, even a nuclear strike, the country’s civil protection agency said in a recent report. Sweden already has 65,000 emergency shelters able to house seven million people, an impressive […]

EU acts like Third Reich says Czech official after Brussels mulls ban of local rum

Published time: 29 Sep, 2017 00:08 The spokesman for Czech President Milos Zeman has hit out at a decision by the European Union to potentially ban a key chemical in a popular local spirit, comparing the move to that of the Nazis during their World War II occupation. “The Empire has decided that there will […]

Israel mulls special status & extended visas for people with Jewish heritage – reports

Published time: 29 Aug, 2017 00:36 The Israeli government will soon consider recommendations to grant gentiles with Jewish roots, crypto-Jews and members of “emerging communities” who are not eligible for immigration, extended visas to explore their Jewish heritage. The committee, appointed by Israel’s Diaspora Affairs Ministry and headed by political theorist Ofir Haivry, is set […]

US mulls sending arms to Kiev, doesn’t view move as 'provocative' – US special envoy to Ukraine

Washington is considering sending “defensive” weapons to Ukraine, US special representative Kurt Volker says. He insists the potential move, long desired by Kiev, would not be “provocative.” It comes as Moscow warns against fueling Ukraine’s civil war. In an interview with the BBC on Tuesday, Volker, who was appointed by Secretary of State Rex Tillerson […]

US mulls return of seized Russian diplomatic property ‘to give cooperation a chance’ – Trump aide

The US may hand two diplomatic compounds confiscated by the Obama administration back to Moscow if it sees “acts of good faith” from the Kremlin, similar to the recently brokered ceasefire in Syria, Sebastian Gorka, deputy assistant to President Trump, says. By considering a release of the Russian diplomatic compounds that have remained sealed since […]

Music streaming service Pandora nabs $150 million investment as it mulls selling up

Pandora Media said on Monday that KKR & Co LP has agreed to invest $ 150 million in the music streaming service, while the company explores strategic alternatives, including a sale. The company’s shares were up 3.4 percent at $ 10.75 in extended trading. Pandora said Richard Sarnoff, KKR’s head of media & communications private […]