The Bogus Legend of Paul Volcker
By F. William Engdahl
14 December 2019
Paul Volcker, former chairman of the Federal Reserve during the 1980’s, has died at age 92. Major media are writing words of praise for the banker who “killed inflation” in the wake of the 1970’s oil crises and food price crisis. Volcker’s true legacy is far less positive. No one person did more to bring about the dysfunctional debt-bloated financial system we have today than the former Chase Manhattan Bank economist who spent most of his life in the employ of America’s most powerful oligarch family ... To read further, click here
Putin and the ‘Biden Memorial Pipeline’ to China
By F. William Engdahl
7 December 2019
In early 2014 Washington staged a blatant coup d’etat in Ukraine breaking the historic relationship with Russia and setting the stage for the subsequent NATO demonization of Russia. The one in charge for the Obama Administration of the Ukraine coup was then-Vice President Joe Biden. Today a bizarre Democrat impeachment attempt aimed at President Donald Trump has curiously enough put the spotlight on the dubious role that Joe Biden played in Ukraine affairs in 2014 and after. That Biden-steered coup had the unintended effect of causing a 180 degree geopolitical pivot of Moscow from West to East. The opening of a massive new gas pipeline now is only one of those unintended consequences ... To read further, click here
China’s African Swine Fever Now Global Threat
By F. William Engdahl
30 November 2019
The worst outbreak of fatal African Swine Fever disease ever has devastated the world’s largest pig population, that of China, over the past months. Now it is spreading to neighboring states and even threatens the United States pig herds. The political and human impact could be far worse than imagined as a de facto pandemic disease situation spreads. Globalization of agribusiness is not helping matters. ... To read further, click here
Could Russia Floating Nuclear Plants Change World Economy?
By F. William Engdahl
25 November 2019
While the EU and United States have all but abandoned nuclear energy as a future power source, with almost no new reactors being built and existing ones being decommissioned, Russia has quietly emerged as the world’s leading builder of peaceful civilian nuclear power plants. Now the Russian state nuclear company, Rosatom, has completed the first commercial floating nuclear plant and has successfully towed it to its ultimate location in the Russian Far East where access to power is difficult. It could transform the energy demands of much of the developing world, in addition to Russia. An added plus is that nuclear plants emit zero carbon emissions so that political opposition based on CO2 does not apply ... To read further, click here
China, USA and the Geopolitics of Lithium
By F. William Engdahl
18 November 2019
For several years since the global push to develop mass-scale Electric Vehicles, the element Lithium has come intofocus as a strategic metal. Demand is enormous in China, in the EU and in the USA at present, and securing control over lithium supplies is already developing its own geopolitics not unlike that for the control of oil ... To read further, click here
Is Russia Right About US Shale Energy?
By F. William Engdahl
6 November 2019
In recent remarks to a Pennsylvania shale oil producers’ convention, US President Donald Trump, noting the spectacular growth in shale gas as well as shale oil over the past decade, remarked that unconventional shale energy had made “America the greatest energy superpower in the history of the world.” On first look the achievement ... To read further, click here
Washington FDA Says, ‘Let Them Eat Cotton’
By F. William Engdahl
29 October 2019
US Government regulators have approved a genetically modified cotton variety as a “potential solution to human hunger.” The radical decision is to permit consumption by humans, in addition to animals, of seeds of a GMO cotton developed at Texas A&M University, with no independent long-term testing. It opens grave new concerns about ... To read further, click here
China’s Hidden Economic Time Bomb
By F. William Engdahl
22 October 2019
The China government statistical agency just released economic data showing the poorest GDP growth in almost 30 years for China. The problem goes far deeper ... To read further, click here
Are We Blocking Out the Sun?
By F. William Engdahl
15 October 2019
Climate change is real. However, serious scientific evidence is pointing to a very different causality than most discuss. Climate is a huge subject, an immensely complex one. There is controversy around whether we must implement drastic new taxes on fuels or other measures to reduce or “capture” CO2 to reduce Man-Made Global Warming. So far however, there are strong indications we are ignoring ... To read further, click here
Will Fed Make Trump A New Herbert Hoover?
By F. William Engdahl
8 October 2019
In recent months US President Trump has pointed repeatedly to his role in making the American economy the “best ever.” But behind the extreme highs of the stock market and the official government unemployment data, the US economy is primed for a 1929-style shock, a financial Tsunami that is more influenced by independent Fed actions than by anything that the White House has done ... To read further, click here
Gene Edited Catastrophe in Brazil
By F. William Engdahl
2 October 2019
A British-American gene-editing company has released millions of genetically modified mosquitoes containing a dominant lethal gene, each week for 27 months in the Bahia, Brazil region in a test to see if the gene-edited mosquitoes would mate with local mosquitoes carrying Zika, malaria or other mosquito-borne diseases. A new study documents the alarming fact ... To read further, click here
Climate and the Money Trail
By F. William Engdahl
25 September 2019
Climate. Now who wudda thought. The very mega-corporations and mega-billionaires behind the globalization of the world economy over recent decades, whose pursuit of shareholder value and cost reduction who have wreaked so much damage to our environment ... To read further, click here
Will the US Farming Crisis Determine the Next President?
By F. William Engdahl
16 September 2019
The American farm sector is undergoing its worst crisis since the 1980’s. Extreme snow and then unusually heavy rainfall across the Midwest farm belt this spring and summer have severely delayed or reduced crop plantings. That comes after several years of falling farm income ... To read further, click here
The New American Oil Empire Built on Sand
By F. William Engdahl
11 September 2019
Over the course of the past decade the United States, following decades of relative stagnation in oil production, has surprised many to become the largest oil producer in the world, exceeding Russia as well as Saudi Arabia. Latest daily production is just above ... To read further, click here
Is the Fed Preparing to Topple US Dollar?
By F. William Engdahl
1 September 2019
Unusual remarks and actions by the outgoing head of the Bank of England and other central banking insiders strongly suggest that there is a very ugly scenario in the works to end the role of the US dollar as world reserve currency. In the process, this would involve that the Fed deliberately triggers a dramatic economic depression. If this scenario ... To read further, click here
World Extreme Weather: Is it Man or Something Else?
By F. William Engdahl
26 August 2019
Our planet seems to be in a growing crisis in terms of agriculture and crop production related to unusual weather shifts. Many reports in recent months use the term “extreme weather” to describe record heat across Europe this summer, record flooding in US Midwest farm states, or record drought across India and major parts of Africa and China. Parts of the USA Midwest are undergoing the worst growing conditions since at least the 1980s. In the UK the weather has been ruinous to the grain harvest there. The crucial question to ask is whether we can assume, ... To read further, click here
Are Gene Edited Cows or Humans What We Really Need?
By F. William Engdahl
17 August 2019
Scientists using the “second generation” of genetic manipulation technology have used gene-editing to alter the DNA of breed of cattle so that they supposedly do not grow horns. At around the same time another group of scientists claim to have injected human cells into monkeys to create chimeras, as in the ancient Greek myths of beings part lion, part snake. Earlier this year a group of Chinese researchers ... To read further, click here
Will China Trigger Next Financial Tsunami?
By F. William Engdahl
9 August 2019
With the US decision to impose added tariffs on more than $300 billion of China trade, and the US Treasury declaring China a “currency manipulator”, global financial markets have reacted with sharp selling. The question is ... To read further, click here
Erdogan’s Risky Geopolitical Pirouette
By F. William Engdahl
31 July 2019
Turkey’s economy has been in increasingly difficult straits for months, especially since the failed July 2016 coup attempt. The latest move by President Recep Tayyip Erdoğan to fire his central bank head and replace him with a more amenable loyalist has already resulted in the largest one-time interest rate cut in ... To read further, click here
Erdogan, Cyprus and the Future of NATO
By F. William Engdahl
19 July 2019
In recent weeks a dramatic escalation of tension around Turkish oil drilling rig presence in the disputed Exclusive Enterprise Zone surrounding EU member state Cyprus is taking place. Turkish President Recep Tayyip Erdogan is claiming that Turkey has the right to drill not only in the waters off of Northern Cyprus, but also in waters far from there where Greek Cyprus has claimed rights. The actions, moving Turkish oil and gas ... To read further, click here
Is Baoshang Bank China’s Lehman Brothers?
By F. William Engdahl
7 July 2019
Modern fractional reserve banking is ultimately a confidence game. If lenders or depositors are confident their bank is solvent, it stands. If confidence is broken, that historically leads to bank panics, deposit runs and domino collapse of a financial system or worse ... To read further, click here
Did the Fed Already Decide the 2020 US Election?
By F. William Engdahl
30 June 2019
As of beginning July 2019 prospects look positive for a re-election of Donald Trump as President in November 2020. Headline stock market and GDP figures all look positive…at the present. The huge unanswered question is whether that can be sustained until the fateful elections. We see signs already that spell potential trouble for the Republicans ... To read further, click here
Will China Autos Trigger Next Economic Downturn?
By F. William Engdahl
16 June 2019
Sales of new cars in China, today the world’s largest automobile market, plunged a dramatic 16.4% in May, making the worst month in the history of the relatively new China auto industry. According to the China Association of Automobile Manufacturers (CAAM), the disastrous May sales came after ... To read further, click here
Mahatir Opens A Ukraine Political Pandora’s Box
By F. William Engdahl
9 June 2019
Malaysian Prime Minister Mahatir Mohamad sent shock waves in a public speech where he dismissed a Dutch “official” report blaming Russia for the downing of Malaysia Air Flight 17 in July, 2014, weeks after a CIA-led coup toppled the elected President of Ukraine. Despite the downplaying in western mainstream media of the Malaysian leader’s comments, it is creating a major new potential embarrassment for ex-Vice President Joe Biden and his Ukraine collaborators such as Igor Kolomoisky, in their flimsy effort to blame Russia for their own misdeeds ... To read further, click here
Do We Face A Global Food Disaster?
By F. William Engdahl
31 May 2019
No, this is not at all an endorsement of the apocalyptic scenarios of AOC or that famous young Swedish climate expert, Greta. It is, however, a look at unusual weather disasters in several key growing regions from the USA to Australia, the Philippines and beyond that could dramatically affect food availability and prices in the coming year. That in turn could have major political implications depending on how the rest of the growing season develops ... To read further, click here
Are Rare Earths China’s Ultimate Weapon?
By F. William Engdahl
26 May 2019
In the dramatic escalation of tariff escalations and trade war tensions between China and the USA, China President Xi Jinping made a well-timed visit to see the JL Mag Rare-Earth Company Ltd., a state-owned complex in Ganzhou. Though he did not openly threaten, he sent a clear psychological message to Washington that China has more weapons in its arsenal to pressure the Trump Administration. What is the nature of the China role in rare earth minerals mining and how serious is the likelihood they could weaponize it? ... To read further, click here
A China Food Crisis More Danger Than Trade War?
By F. William Engdahl
20 May 2019
China faces a threat to its agriculture that could do far more damage to her political stability and economy than the escalating USA tariff war. In recent months cases of deadly African Swine Fever (ASF) among the pig population of the world’s largest pig producer have forced drastic killing off of the pig population since cases were first detected last August. On top of that, more recently, Chinese grain producers have been hit by what can only be called a plague of a dangerous pest called “Fall Armyworms”, that devastates corn, rice and other grain crops. The combination hitting China as its leaders are in the midst of an escalating major trade war with the United States, could affect the world geopolitical map in ways few can imagine ... To read further, click here
US EPA Says Glyphosate OK Despite Contrary Evidence
By F. William Engdahl
9 May 2019
The US Government’s Environmental Protection Agency (EPA) has decided to approve renewal of the license for the controversial glyphosate pesticide, this, despite mounting and alarming evidence it is not only probably carcinogenic, but also cause of multiple other debilitating health problems. New research also claims glyphosate damage to human or animal DNA extends over generations ... To read further, click here
Ever More Complex EU Gas Pipeline Geopolitics
By F. William Engdahl
4 May 2019
Israel plans to construct the world’s longest underwater gas pipeline together with Cyprus and Greece to carry Eastern Mediterranean gas on to Italy and the EU southern states. US Secretary of State Mike Pompeo has just endorsed the project. It will run smack up against a competing Turkish-Russian gas pipeline, Turk Stream, against a potential Qatari-Iran-Syria pipeline, as well as de facto undercut the Washington attempt to get more US LNG gas to the EU to reduce Russian dependency ... To read further, click here
Washington Not Happy About New China Focus on Central America
By F. William Engdahl
24 April 2019
As it becomes clear that the Trump Administration support, so far unsuccessful, for regime change in Venezuela is also very much about targeting the huge financial presence of China with the Maduro regime, recent news of a major Chinese oil success in Cuban waters will clearly deepen the geopolitical tensions. And it involves not only Venezuela, Guyana and Brazil ... To read further, click here
Glyphosate Worse Than We Could Imagine
By F. William Engdahl
14 April 2019
Image: monsanto Credit: DJANDYW.COM AKA NOBODY https://bit.ly/2UifOy6 License: Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0) With Some Rights Reserved https://bit.ly/1dsePQq
As new studies continue to point to a direct link between the widely-used glyphosate herbicide and various forms of cancer, the agribusiness lobby fights ferociously to ignore or discredit evidence of human and other damage. A second US court jury case just ruled that Monsanto, now a part of the German Bayer AG, must pay $ 81 million in damages to plaintiff Edwin Hardeman who contracted non-Hodgkin’s lymphoma cancer. The ruling and a line-up of another 11,000 pending cases in US courts going after the effects of glyphosate, have hit Bayer AG hard with the company announcing several thousand layoffs as its stock price plunges ... To read further, click here
The Curious Man Behind Nordic Banking Scandals
By F. William Engdahl
5 April 2019
Image: Lietuvių: Swedbank, Konstitucijos prospektas, Vilnius Credit: Bearas https://bit.ly/2UI3njL License: This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license With Some Restrictions https://bit.ly/1kvyKWi
In recent days Sweden’s largest mortgage bank, Swedbank, fired its CEO amid charges she was involved in a multi-billion dollar money laundering operation. Swedbank now joins Denmark’s largest bank, Danske Bank, and several other European Union banks implicated in laundering what has been claimed amounts to more than $1 trillion in funds of Russian or Ukraine or other origin in recent years. As impressive as the scandal appears, equally interesting is the curious man triggering the scandals ... To read further, click here
Xi Jinping in Italy: It’s the Ports!
By F. William Engdahl
1 April 2019
Image: Il porto commerciale di Genova ed il porto antico fotografati dalla cima della Lanterna Credit: Oliver License: This image is in the public domain https://bit.ly/2YHFdow
To the concern of Germany, France, Holland and other EU countries, Italy’s coalition has just signed a Memorandum of Understanding with China to join China’s Belt Road Initiative, the so-called New Economic Silk Road. Italy is the only industrial G7 country so far to opt in to the BRI. The China dealhas the potential to change the geopolitics of not only the EU but also most of the world. It’s about who controls which major maritime ports of world commerce ... To read further, click here
China: Real Reason for US Venezuela Clash?
Bonnie Faulkner interviews F. William Engdahl
Aired: 27 March 2019
Image: Roundtable meeting of leaders at Belt and Road international forum License: Creative Commons Attribution 4.0 International Source: Kremlin https://bit.ly/2rJlWmx
Discussion of the crisis and geopolitical stakes in Venezuela; evaluation of Venezuelan heavy oil reserves in its Orinoco Belt (now the Chavez Belt) and the far superior grade oil in the vast oil reserves of the Guyana Esequiba region; China’s Belt and Road Initiative in South America and the Panama Canal; Bolton cites the Monroe Doctrine; presidency of Nicolas Maduro; Venezuelan state oil company, PDVSA; global oil prices; Venezuelan debt; Coltan deposits; long-term strategy of China’s Belt and Road Initiative; China adopts Western debt-collapse model; Chinese banking system and real estate market; the flawed globalization model ... To listen, click here
US FDA Lifts Ban on GMO ‘Frankensalmon’
By F. William Engdahl
22 March 2019
Image: A spawing male Kokanee salmon on Seedskadee NWR Credit: Tom Koerner/USFWS Mountain-Prairie License: This image or recording is the work of a U.S. Fish and Wildlife Service employee, taken or made as part of that person's official duties. As a work of the U.S. federal government, the image is in the public domain https://bit.ly/2CtAnBR
Frankenfoods is a term developed by consumer groups questioning the health and safety of genetically modified plants or GMO. The US Food and Drug Administration has just lifted an earlier ban on commercialization of the first genetically modified food, Salmon. This is the first time ever permission to sell GMO animals for human consumption in the US has been allowed. It should raise alarm bells not only in the USA ... To read further, click here
Another Reason for Washington in Venezuela?
By F. William Engdahl
13 March 2019
Image: USA China Rivalry Competition Credit: Tumisu License: Free for commercial use No attribution required https://bit.ly/2UBpMfg
Many myself among them have pointed to the vast hydrocarbon reserves of Venezuela as a possible driving motive behind the otherwise bizarre Washington intervention in Venezuela. The more I look into the situation, the more I suspect a quite other explanation for the intervention from a President who campaigned on a call to end US regime change interventions into other countries. The President’s NSC advisor, John Bolton openly stated it was about the oil. Could there be another reason as well? What then could it be? ... To read further, click here
We’re Killing Off Our Vital Insects Too
By F. William Engdahl
2 March 2019
Image: Aussiegall - I Spy (by)) Credit: Louise Docker License: This file is licensed under the Creative Commons Attribution 2.0 Generic with some restrictions https://bit.ly/2Ts5587
Recent independent scientific studies indicate that we are threatening our vital global insect population, including of bees, with widespread extinction through massive deployment of agriculture pesticides. For most of us, insects such as flies or mosquitoes or wasps are nuisances to be avoided. Yet if the latest studies are any indication, we may be in danger of massive elimination of vital insects that maintain nature’s balance. The consequences to life on this planet are only now beginning to be seriously considered ... To read further, click here
New Studies Confirm Dangers of Glyphosate
By F. William Engdahl
26 February 2019
Image: Monsanto's Lasso herbicide (cropped) Credit: United States Department of Agriculture (USDA) License: This image or file is a work of a United States Department of Agriculture employee, taken or made as part of that person's official duties. As a work of the U.S. federal government, the image is in the public domain https://bit.ly/2tFofbZ
Since the 1960s uproar over the dangers of widespread agriculture use of the weed killer, DDT, no other herbicide or agriculture chemical has stirred as much widespread opposition as glyphosate. Glyphosate is the main and only publicly disclosed ingredient in the world-leading herbicide, Roundup from Monsanto/Bayer. With fierce opposition from many EU member states, in 2018 owing to a sly maneuver by the former German Minister of Agriculture, the EU Commission ruled to continue allowing the controversial pesticide. Now recent tests have added to the body of evidence that glyphosate is carcinogenic and should be banned immediately ... To read further, click here
What’s Not Being Said About the Venezuela Oil War
By F. William Engdahl
17 February 2019
Image: Caracas, Canciller Ricardo Patiño participó en los actos de conmemoración de la muerte de Hugo Chávez Credit: Cancillería del Ecuador License: CC Some Rights Reserved https://bit.ly/2NfbhLi
So far much of the discussion over what is driving the bizarre Trump Administration intervention into Venezuela centers around the comments of National Security Adviser John Bolton to claim it’s about oil. In a previous analysis we looked at the prospects of the huge Chavez Basin, formerly the Orinoco Basin, said to hold the world’s largest reserves of oil by some definitions. Now it’s becoming clearer that this de facto war is about far more than control of the heavy oil of the Chavez Basin in Venezuela ... To read further, click here
Is Debt China’s Achilles Heel?
By F. William Engdahl
9 February 2019
Image Shanghai Lights Credit: whiz-ka https://www.flickr.com/photos/lushdesigncreative/6867459602 License: Some Rights Reserved https://bit.ly/1mhaR6e
China’s credits to various countries along its much-discussed Belt and Road Initiative (BRI), the most ambitious infrastructure undertaking in history, have recently been criticized for drawing poor countries into a debt trap by extending huge credits. Myanmar is often cited, as well as Sri Lanka. Malaysia and Pakistan are renegotiating multi-billion-dollar projects of previous regimes. What is not widely being examined however, is whether there is a danger that the China economy itself is vulnerable to a far larger debt trap, one that could spell trouble for the BRI project itself as well as for the unprecedented four decades of booming China economic growth. Could it be that debt is becoming China’s Achilles Heel? ... To read further, click here
Is Oil Behind Washington’s Venezuela Coup Madness?
By F. William Engdahl
3 February 2019
Image Credit: US Government License: This work is in the public domain in the United States because it is a work prepared by an officer or employee of the United States Government as part of that person’s official duties under the terms of Title 17, Chapter 1, Section 105 of the US Code https://bit.ly/2G6ygYb
On January 23 US Vice President Pence sent a message via Twitter that Washington recognized the 35-year-old Speaker of the Venezuela National Assembly, Juan Guaido, as the “legitimate” President of the troubled country, and not elected President Maduro. The fact that it was first Pence and not the US President, who seemed forced to play catch-up, says much about the intervention. The question is whether oil was the reason as neo-con Security Council adviser John Bolton claimed or something else. The evidence suggests something else, but what something? ... To read further, click here
Did Khashoggi Really Die?
By F. William Engdahl
23 January 2019
Image Credit: Alfagih at Arabic Wikipedia License: GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts https://bit.ly/2CE61fi
I have not been convinced about the claims coming from Turkey and from the Washington Post and others regarding the allegations of a gruesome murder of intelligence asset, Jamal Khashoggi, in October, 2018. There are too many anomalies as it was portrayed by various statements from Turkey President Erdogan, and echoed by a chorus of the Western mainstream media. Recent research suggests that perhaps Khashoggi was never in that Saudi Consulate in Istanbul that day, and in fact may still be quite alive and in hiding. If so, it suggests a far larger story behind the affair. Let’s consider the following ... To read further, click here
Monsanto/Bayer Moving to Genome Edit Fruits and More
By F. William Engdahl
18 January 2019
Image Credit: Karen Eliot License: Creative Commons Attribution-Share Alike 2.0 Generic license Some Rights Reserved https://bit.ly/2CsT87D
Not surprising, Monsanto, today hidden behind the Bayer logo, as the world leader in patented GMO seeds and the probable carcinogenic Roundup herbicide with glyphosate, is attempting to quietly patent genetically modified or GMO varieties of fruits using controversial gene-editing. The “beauty” of this for Monsanto/Bayer is that in the USA, according to a recent ruling by the US Department of Agriculture, gene-edited agriculture needs no special independent testing. The developments are not good for human health or safety, nor will it do anything to give the world better nutrition. ... To read further, click here