Political News & Social Views

Category: UK & Rest of World

OPEC+ agrees to deepen voluntary oil output cuts

OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its current voluntary cut.

6 new countries to join BRICS, including Iran and Saudi Arabia

Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have all been invited to become members of BRICS, said South African President Cyril Ramaphosa, who hosted a three-day summit of the emerging markets group in Johannesburg this week.

Milei’s Task Ahead: Defeating the Administrators

On Sunday 19 November 2023 the flamboyant–outré, actually–Javier Milei won the presidential election in woeful, tragic Argentina. “Won” does not really fully capture the result–he trounced his opponent, winning almost 56 percent of the vote.

Opec’s split is good for the West

It largely slipped under the radar, but there was a rare bit of good news for hard-pressed consumers and businesses this week: the next meeting of Opec+, originally scheduled for today, has been pushed back almost a week amidst rumours of splits between its members.

Germany Faces the Green Fiscal Truth

The political shell game around net zero is to claim that someone other than taxpayers will foot the bill. Germans are discovering otherwise, and the political uproar is a warning to other governments. If only the U.S. had such a mechanism to stop green boondoggles like the Inflation Reduction Act.

The ugly side of the European left

….many people on the left long ago gave up protecting free speech and a growing number appear prepared to tolerate violence – provided it’s the right getting whacked.

In our lurch toward war in three places, who exactly will fight?

In the Art of War, Chinese military strategist Sun Tzu said, “if you know neither the enemy nor yourself, you will succumb in every battle.” This nugget of wisdom is as perceptive today as it was over 2,000 years ago. And it does not bode well for America.