Sanctions imposed over Iran’s nuclear program lifted

ARTICLE SOURCE: PressTV

Sanctions imposed on Iran over its nuclear program are lifted following confirmation of Tehran’s commitment to​ the Joint Comprehensive Plan of Action by the International Atomic Energy Agency.

European Union foreign policy chief Federica Mogherini and Iranian Foreign Minister Mohammad Javad Zarif made the announcement during a joint press conference in Vienna on Saturday.

Mogherini read out a […]

Why clean energy is now expanding…

ARTICLE SOURCE: Washingtonpost -Why clean energy is now expanding even when fossil fuels are cheap

In a new analysis, Bloomberg New Energy Finance finds that 2015 was a record year for global investment in the clean energy space, with $ 329 billion invested in wind, solar panels, biomass plants and more around the world. (The number does […]

OPEC crude output falls in September, led by Gulf producers’ decline

OPEC crude output fell this month, led by declines in the group’s three-biggest producers.

Output from the Organization of Petroleum Exporting Countries fell by 233,000 barrels to 32.048 million a day this month, according to a Bloomberg survey of oil companies, producers and analysts. Last month’s total was revised 35,000 barrels lower to 32.281 million a […]

Commodity rout beginning to look like a crisis

The 15-month commodities free-fall is starting to resemble a full-blown crisis.

Investors are reacting to diminished demand from China and an end to the cheap-money era provided by the Federal Reserve. A Bloomberg index of commodity futures has fallen 50 per cent since a 2011 high, and eight of the 10 worst performers in the Standard […]

OPEC sees oil prices returning to $80 a barrel by 2020

OPEC forecasters expect oil prices will rise by no more than $5 a barrel a year to reach $80 by 2020, with a slowing in rival non-OPEC production growth not enough to absorb the current oil glut, according to OPEC sources.

The sources said the figures came from an updated mid-term strategy report discussed this week […]

OPEC says the world will want more of its oil next year

OPEC on Monday predicted higher demand for its crude oil next year, sticking to its view that a strategy of letting prices fall will tame the U.S. shale boom and cut a global surplus.

The monthly report from the Organization of the Petroleum Exporting Countries also said a weaker outlook for China would contribute to slower […]

Financial Meltdown, Protracted Negotiations: Will the Greek Bailout Deal Work?

On Monday (3rd August) when the Athens Stock Exchange reopened after a five-week shutdown, the share price index plunged by more than 23 percent in early trading. The banking index covering Greece’s biggest banks witnessed the largest decline, down to its 30 percent daily limit. This was the worst stock market bloodbath in decades despite […]

Global Economic Crisis: The Latest Cumulative Impact of America’s Aggressive “Regime Change” Strategy

Crashing global stock markets – punctuated by the bracing 1,000-plus point drop in the Dow Jones Industrial Average at the start of Monday’s trading before a partial bounce-back – are a reminder about the interdependence of today’s world economy and a wake-up call to those who think that the neocon-driven ideology of endless chaos doesn’t carry […]

Tesla unveils a battery to power your home, completely off grid

CEO of Tesla Motors, Elon Musk, landed an official message unveiling the Powerwall, a battery designed to power your home.  The message came at a convention center powered completely by renewable battery power.

The battery unit itself contains the same batteries present in the Tesla electric cars.  The 7kWh unit will ship for $3,000, while the […]

Crying Wolf? Impending Global Financial Collapse Will Change the World Order

Worse than any disease or even leprosy, anyone spouting Austrian economics or even “common sense” (almost extinct today) has been shoved into the outcast corner by the mass delusional majority.  Over the last few years, “theory after theory” has become fact after FACT after FACT!  There can no longer be any question, conspiracy to delude and defraud […]