Sol W. Sanders As the shale gas revolution begins to ripple through, reordering the world economy, another fossil fuel revolution is in the offing which will again torpedo most conventional wisdom concerning energy. So-called “peak oil”, the end of petroleum exhausted by expanding consumption and diminishing discoveries, the love story of environmental fanatics, has […]
Special to WorldTribune.com By Norman Bailey The current issue of “The Economist” has a cover picture of people being discharged into a trash dump, with the headline “Generation Jobless” and the subtitle “The Global Rise of Youth Unemployment”. In the article inside the magazine it points out that global youth unemployment, as reported by official […]
John J. Metzler NEW YORK — “Trade is the cheapest way to produce growth,” exclaimed European Commission President Jose Manuel Barroso before an executive audience adding, that a planned Transatlantic trade pact between the USA and Europe Union would produce a “win-win solution in trade” for both sides of the Atlantic. “Our partnership,” stated President […]
John J. Metzler UNITED NATIONS — “The rise of the South is unprecedented in its speed and scale…when dozens of countries and billions of people move up the development ladder as they are doing today, it has a direct impact on wealth creation and broader human progress,” cites the glowing introduction to the UN Development […]
Sol W. Sanders We live in dangerous times. Not so much that the world economy threatens to crash, that our carefully nuanced political system in the U.S. is momentarily checkmated, or even that while the U.S. is running the highest unemployment rates in recent memory the European Community has not resolved its disintegrating common […]
Special to WorldTribune.com Compiled by Miles Yu, Geostrategy-Direct.com The U.S. oil giant Exxon Mobil Corp has decided to sell its stakes in the West Qurna phase 1 oilfield in Iraq. Exxon will sell its stakes to Chinese state-run oil giant China National Petroleum Corp [CNPC], China’s official newspaper China Daily confirmed on Jan. 24. With […]
Special to WorldTribune.com By Cliff Kincaid A brave soul, John Mackey, CEO of Whole Foods, raised the specter of fascism when he was talking about the requirements of the top-down federal Obamacare system. The term made Carol Costello of CNN go into orbit on a recent program but Mackey got the better of the exchange […]
John J. Metzler UNITED NATIONS — The global economy risks sliding back into recession. That’s the sober assessment from the UN’s World Economic Situation and Prospects 2013, which cites weak economic growth in 2012, and an anemic expected expansion over the next two years. And while economic woes in the United States, Europe and Japan […]
Sol W. Sanders Maybe it’s because you can fly faster from America to Europe than westward to the U.S.? But for whatever reason, a standard politically correct mantra these days is how if we would just imitate the Europeans, everything would be better. Which of the accepted five categories of propaganda this argument falls […]
John J. Metzler UNITED NATIONS — As the seemingly interminable election campaign nears the finish line, there are a few glaringly missing topics which remain almost untouched. The first deals with an issue affecting nearly everyone and the other one which may determine America’s future scientific prowess and potential. Gasoline prices. Here we have record […]