"Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. This is not a way of life at all in any true sense. Under the cloud of threatening war, it is humanity hanging from a cross of iron." -- Dwight D. Eisenhower

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Ben Gurion Canal: US Supports Israels Gaza War Over A Trade Route MikeRivero Thu, 11/30/2023 - 12:20

The U.S. and Israel have been planning the construction of brand-new trade routes, which are only possible through normalization agreements signed between Tel Aviv and the Arab World.

So, what is the Ben Gurion Canal, India-Middle East-Europe Economic Corridor, and why is this so important to Washington’s considerations when backing the current Israeli onslaught on Gaza? Could the reason the U.S. is supporting Israel’s war against Gaza, full force, be because of a trade route?

Black Friday "Dud": Retailers Heavily Dependent On Shopping Frenzy Day Saw Sales Drop MikeRivero Thu, 11/30/2023 - 07:05

Perhaps all the cheer around record Black Friday online sales, fueled by 'Buy Now, Pay Later' options, may be unwarranted, as a new Bloomberg report suggests that this year's most important shopping day fell short of expectations for major retailers.

Russia Takes Control Of Iraq's Biggest Oil Discovery For 20 Years MikeRivero Thu, 11/30/2023 - 07:03

Preliminary estimates suggested that Iraq’s Eridu oil field holds between 7-10 billion barrels of reserves.

Senior Russian oil industry sources spoken to exclusively by OilPrice.com last week said the true figure may well be 50 percent more than the higher figure of that band. In either event, the Eridu field - part of Iraq’s Block 10 exploration and development region – is the biggest oil find in Iraq in the last 20 years, and Russia wants to control all of it, alongside its chief geopolitical ally, China.

Americans could pay up to $451 billion to care for migrants who entered the US illegally, but have been released into the country or escaped from custody, according to a new report due out Monday from House Republicans and obtained exclusively by The Post.

“Every day, millions of American taxpayer dollars are spent on costs directly associated with illegal immigration and the unprecedented crisis at the Southwest border sparked by Department of Homeland Security (DHS) Secretary Alejandro Mayorkas’ policies,” the House Homeland Security Committee interim staff report states.

The British government was asked to spend an estimated $3 billion in funds seized from sanctioned Russian businessman Roman Abramovich in Israel rather than Ukraine, The Telegraph reported on Tuesday. The money came from the sale of Chelsea football club, which used to belong to the tycoon. He had himself pledged the proceeds to victims of the Ukraine conflict.

Financial statements of the US Federal Reserve, which consists of the board of governors in Washington and twelve district reserve banks across the country, indicate that the consolidated system has generated both capital and operating losses for the past couple of years. The Fed was created in 1913 to issue and circulate an “elastic currency” that could respond to consumers’ demand for cash, end bank runs known then as “money panics,” and serve as a “lender of last resort” to the nation’s commercial banks.


DHS head Mayorkas claimed the estimated 12 million illegal aliens in America have “been contributing so fundamentally to our country’s well-being.” He said this while demanding Congress “fix” the country’s immigration system.

“Fix” could only mean changing laws to allow millions more into the country. Mayorkas repeated a claim pushed by many Democrats, that illegal immigrants are “frontline workers.” Democrats have long said America needs these undocumented workers to do the jobs Americans “refuse” to do.

Grain thunders into rail cars and trucks zip around a storage facility in central Ukraine, a place that growing numbers of companies turned to as they struggled to export their food to people facing hunger around the world.