Recent Posts

Iran sees no ‘sincerity’ in Pompeo’s offer for talks

Bloomberg Iran doesn’t think the US is seeking talks or an agreement with the Islamic republic, Abbas Mousavi, a spokesman for the Foreign Ministry in Tehran, said days after Secretary of State Michael Pompeo expressed willingness to travel to Tehran to address the Iranian people. This is a “defensive move” by American officials in response to Foreign Minister Mohammad Javad ...

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Top defector tells of spying and mutiny in Venezuela

Bloomberg Days after being named chief of Venezuela’s feared SEBIN intelligence agency last fall, General Manuel Ricardo Cristopher Figuera was called in by President Nicolas Maduro and asked where the enemy was. “I don’t understand the question, sir,” Figuera says he responded. “I want a report every two hours of what the political opposition is doing,” Maduro replied, listing some ...

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The Fed’s dreary choices

It’s a done deal. Almost everyone, or so it seems, believes the Federal Reserve will cut short-term interest rates at next meeting when its main decision-making body meets. President Trump favours lower rates. So do many economists, including some fierce Trump critics. Similarly, Fed Chairman Jerome “Jay” Powell says the Fed wants to sustain the economic expansion. Finally, Wall Street ...

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