Could no longer fulfill its obligations to its creditors this was the beginning of the petrodollar era and the beginning of all things everywhere are being priced in dollars oil is being priced in dollars all commodities are priced in dollars they gave america the us empire of debt it gave america the World Reserve currency it gave america whats called seniority which which is basically they get a cut over every transaction ever done anywhere in the world every coil trav if japan wants to buy oil that the buy dollars 1st and then buy oil for example so they have to give america a commission they get a cut thats a huge source of revenue for america now with saudi arabia and the us have been at loggerheads down for a couple of years that relationship has been strained and saudi arabia is i think youre correct they threw a hissy fit they said were going to just want the price down by 10. 00 for oil because our cost production is not even 3. 00 a barrel and so i think they thought everyone
End of the day you know i dont see how we move a lot of system where these people get away with you know misrepresenting us why not step up and do it yourself. Max kaiser this is the kaiser report the pandemic it dition special times require special reporting of course because a report has been anticipating so much of whats going down around the world stop a big surprise for those of you whove been watching us for so many years is that right stacey max it is a continuation of the pandemic and the Pandemic Response in a pandemic situation we also have the oil wars going on allegedly some oil wars we have russia versus saudi arabia the price crash you know it kind of started with when the opec plus when they met you know saudi arabia essentially and russia and russia decided not to cut any production based on the decline in demand out of china and elsewhere but also right after that saudi arabia offered up to a 10. 00 discount per barrel just because i guess. Theyd been solomon got a lit
Tie, liz peek. And medicare for all President Trump could not resist, he weighed in. What do you think of the stock market react today, almost a sigh of relief. I said from the beginning, partially this, a big part of this, but also the fact that they didnt like seeing what they dont like joe either. Joe has become, you know a lot of people are with joe, you look at those people they are worse than bernie in terms of being radical left. Liz, are markets reacting to less likelihood of bernie socialist policies coming to fruition . Or do they like trumps odds again joe biden. They are reacting to the berb bernie slide, we know that because the healthcare stocks went crazy today on the upside. The diminished prospect of healthcare for all is good news for those companies, the more you see joe biden, the more i think he is incredibly beatable by donald trump. Markets were pleased either one could happen, other factors weighed in such as more smog in china and worse traffic that was an incr
Camino is a ghost station in the south of the democratic republic of congo. Theres been no Train Service for 5 months but now its running again. The train left lubumbashi the 2nd largest city 5 days ago. No one knows one little arrived. The train everyone is waiting for has a surprising name Lee Holland Bell or the swallow. He. Runs. News of the swallows arrival spreads like wildfire by the bush telegraph all word of mouth. Its the cheapest rail service in the deol congo like a local bus it stops a virtually every station and drools huge crowds. Half of them a Street Vendor has a day every stop even in the remote villages the station becomes an instant market. The. Ambassador c. I dont know rendered i dont mumble grab jaros that there are several. There are no. Doubt but good. Part but theres not much time for selling. The train is already packed. Passengers clamber for remaining seats. Like. This. Has been riding this train for 20 years and knows what to expect. From sea but it got th
As a protest against pension reform gets out of. Good evening good to have you with us youre watching r. T. International. The Senior Commander of the runs elite military unit the Islamic Revolutionary guard corps has accepted full responsibility for shooting down the ukrainian passenger plane on wednesday he said the boeing 737 was mistaken for a Cruise Missile. Well its me dont you dont you were not heard that the flight had been shot down i wish there was a debt as i never wanted to witness such a terrible incident. You also added in a Defense System operator had faulty communications and had just 10 seconds to make what was described as a bad decision the commander added they had requested the establishment of a no fly zone before the incident but it wasnt approved for some reason ilya tehran admitted its military unintentionally hit the jet despite days of denials of involvement in the downing collegiately invigorate discuss this with all these dumb quarter. We heard from ukraines