Precious Metals Forum

Go Back   Precious Metals Forum > Bunker Talk > STS

Like Tree17Likes

Reply
 
LinkBack Thread Tools
Old 11-07-2018, 04:35 PM   #21
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,305
Liked: 2502 times
Not directly related to Khashoggi or the USA, but likely to ratchet up the pressure on the situation...

Quote :
Saudi journalist and writer Turki Bin Abdul Aziz Al-Jasser has died after being tortured while in detention, the New Khaleej reported yesterday.

Reporting human rights sources, the news site said that Al-Jasser was arrested and tortured to death after Saudi authorities claimed he administered the Twitter account Kashkool, which disclosed rights violations committed by the Saudi authorities and royal family.

The sources said that the authorities identified Al-Jasser as the admin using spies in Twitter’s regional office located in Dubai. He was arrested in March.
...
More: https://www.middleeastmonitor.com/20...ath-in-prison/
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 11-12-2018, 01:51 PM   #22
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,305
Liked: 2502 times
Quote :
Canadian intelligence has heard an audio recording of the killing of the Saudi journalist Jamal Khashoggi, Prime Minister Justin Trudeau has confirmed.

"Canada has been fully briefed up on what Turkey had to share," he said.

Mr Trudeau is the first Western leader to confirm his country has listened to the purported tape of the murder at the Saudi consulate in Istanbul.

Turkey's president said on Saturday that he had given copies to the US, UK, Germany, France and Saudi Arabia.
...
https://www.bbc.com/news/amp/world-europe-46183630
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 11-14-2018, 07:43 AM   #23
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,305
Liked: 2502 times
Quote :
U.S. national security adviser John Bolton said Tuesday that an audio recording of journalist Jamal Khashoggi's death inside an Istanbul consulate did not appear to provide any link between the killers and Saudi Crown Prince Mohammed bin Salman.

Bolton, speaking on the sidelines of a regional summit in Singapore, said that while he had not listened to the tape himself, "those who have listened to it" concluded that Saudi Arabia's de facto ruler is not implicated.
...
http://www.latimes.com/politics/la-n...113-story.html

Trump admin/USA is still trying to give the Crown Prince cover.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug

Last edited by PMBug; 11-14-2018 at 11:50 AM. Reason: forgot to include the source link
PMBug is offline   Reply With Quote
Old 11-14-2018, 11:40 AM   #24
Ground Beetle
 
11C1P's Avatar
 
Join Date: Aug 2013
Location: North Dakota
Posts: 990
Liked: 517 times
A foreigner killed in a foreign embassy? What difference does it make? #13Hours!
__________________
https://gunstreamer.com/@11C1P
11C1P is offline   Reply With Quote
Old 12-05-2018, 07:50 AM   #25
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,305
Liked: 2502 times
Quote :
Saudi Crown Prince Mohammed bin Salman ordered the killing of dissident journalist Jamal Khashoggi, a bipartisan group of senior US senators have alleged after the CIA director gave them a classified briefing on the grisly murder inside the Gulf kingdom's diplomatic mission shocked the world.
...
The clear and unusually biting assessment put Republican senators at odds with the White House, which has steadfastly refused to cast blame on Saudi Arabia's leadership for the grisly death of Khashoggi, a Washington Post columnist, the New York Times reported.
...
Yet lawmakers remained divided over what steps to take next, after a stinging vote last week to consider a measure cutting off American military aid to Saudi Arabia's bombing campaign, the Times said.
...
Indeed, after Haspel's briefing, the groundswell of certainty and disgust will likely complicate the Trump administration's efforts to protect the prince and its relationship with Saudi Arabia, even as lawmakers have yet to coalesce around a legislative response, CNN reported.

Among the options: pull back from US involvement in the Saudi-led war in Yemen; deny any arms sales with Saudi Arabia; slap the crown prince with sanctions, along with a resolution saying the Senate finds him complicit in murder, it said.

How the legislative push gets resolved is uncertain, but the floor fight could begin as soon as Monday -- and put the Trump administration on the defensive, the network commented.
https://timesofindia.indiatimes.com/...w/66954748.cms
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 12-05-2018, 08:00 AM   #26
Yellow Jacket
 
rblong2us's Avatar
 
Join Date: Nov 2011
Location: off world
Posts: 2,053
Liked: 906 times
curious that on this occasion it feels like a degree of truthfulness comes from the see eye ay ........

What makes this incident ( cos its not a biggie in the world of control ) so different that this response is generated ?
__________________
if it cant be done with a digger .... it cant be done
rblong2us is offline   Reply With Quote
Old 12-05-2018, 08:09 AM   #27
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,305
Liked: 2502 times
I've been pondering that same question for a while now. I can only guess that MBS isn't playing ball with the right people or he was complicit in something more egregious than just Khashoggi's murder.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 12-23-2019, 09:03 AM   #28
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,305
Liked: 2502 times
Looks like world leaders caved (so far?) and MBS gets away with his power play.

Quote :
A court in Saudi Arabia has sentenced five people to death and jailed three others over the murder of the journalist Jamal Khashoggi last year.

Khashoggi, a prominent critic of the Saudi government, was killed inside the kingdom's consulate in the Turkish city of Istanbul by a team of Saudi agents.

The Saudi authorities said it was the result of a "rogue operation" and put 11 unnamed individuals on trial.

A UN expert said the trial represented "the antithesis of justice".

"Bottom line: the hit-men are guilty, sentenced to death. The masterminds not only walk free. They have barely been touched by the investigation and the trial," Special Rapporteur Agnes Callamard wrote on Twitter.

A report released by Ms Callamard concluded in June that Khashoggi's death was an "extrajudicial execution" for which the Saudi state was responsible, and that there was credible evidence warranting further investigation that high-level officials, including Crown Prince Mohammed bin Salman, were individually liable.
...
https://www.bbc.com/news/world-middle-east-50890633
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 03-08-2020, 10:16 AM   #29
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,305
Liked: 2502 times
MBS making another power play - not just in domestic politics, but in the oil markets too...
Quote :
In a fresh episode of Saudi palace intrigue, Crown Prince Mohammed bin Salman has detained three members of the royal family, including a brother of the king and a former crown prince who had been potential obstacles to his power.

The detentions were the latest demonstration of the crown prince’s willingness to take extraordinary measures to quash any perceived rival.
...
The detentions come at a time when fears about the impact of the coronavirus have slashed the price of oil, the main source of the kingdom’s revenue, and the crown prince’s celebrated plans to diversify the Saudi economy have fallen behind his promises.

The detentions were not announced by the Saudi government, and it remains unclear what prompted them. An official at the Saudi embassy in Washington declined to comment.
...
The crown prince, who acts as the kingdom’s de facto ruler on behalf of his ageing father, King Salman, has recently faced grumbling within the kingdom and the broader Muslim world over his unilateral decision to halt visits to Mecca in response to the coronavirus — a move with few, if any, precedents in Islamic history. Conservatives griped that even as he halted pilgrimages, modern entertainment venues the crown prince brought into the kingdom, like movie theatres, remained open.

One possible motive for the detentions may have to do with the ageing of Prince Mohammed’s father, King Salman, 84. The crown prince could be seeking to lock down potential challengers to his own succession before his father dies or abdicates the throne.
...
https://www.telegraphindia.com/world...ly/cid/1751924

Quote :
Saudi Arabia plans to boost oil output next month to well above 10 million barrels a day, as the kingdom responds aggressively to the collapse of its OPEC+ alliance with Russia.

The world’s largest oil exporter engaged in an all-out price war on Saturday by slashing pricing for its crude by the most in more than 30 years. State energy giant Saudi Aramco is offering unprecedented discounts in Asia, Europe and the U.S. to entice refiners to use Saudi crude.

At the same time, Saudi Arabia has privately told some market participants it could raise production much higher if needed, even going to a record 12 million barrels a day, according to people familiar with the conversations, who asked not to be named to protect commercial relations. With demand ravaged by the coronavirus outbreak, opening the taps would throw the oil market into chaos.
...
Aramco’s unprecedented pricing move came just hours after the talks between the Organization of Petroleum Exporting Countries and its allies ended in dramatic failure. The breakup of the alliance effectively ends the cooperation between Saudi Arabia and Russia that has underpinned oil prices since 2016. Production limits agreed to by OPEC and its erstwhile partners expire at the end of the month, opening the way for producers to ramp up output.
...
The shock-and-awe Saudi strategy could be an attempt to impose maximum pain in the quickest possible way to Russia and other producers, in an effort to bring them back to the negotiating table, and then quickly reverse the production surge and start cutting output if a deal is achieved. In a sign that both sides remain in talks, the OPEC+ Joint Technical Committee, a body of senior oil officials who advise ministers, plans to meet on March 18 to review the global oil market, according to delegates. Saudi and Russian officials are part of the JTC.
...
The production increase and deep discounts mark a dramatic escalation by Prince Abdulaziz bin Salman, the Saudi oil minister, after his Russian counterpart Alexander Novak rejected an ultimatum on Friday in Vienna at the OPEC+ meeting to join in a collective production cut. After the talks collapsed, Novak said countries were free to pump-at-will from the end of March.
...
https://www.bloomberg.com/news/artic...r?srnd=premium
shinnosuke likes this.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 03-16-2020, 12:39 PM   #30
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,305
Liked: 2502 times
Quote :
Saudi Arabia on Sunday announced the detention of hundreds of government officials, including military and security officers, on charges involving bribery and exploiting public office, and said investigators would bring charges against them.
...
An anti-corruption body known as Nazaha tweeted on Sunday that it had arrested and would indict 298 people on crimes such as bribery, embezzlement, and abuse of power involving a total of 379 million riyals ($101 million).

Among those implicated are eight defense ministry officers suspected of bribery and money laundering in relation to government contracts during the years 2005-2015, and 29 interior ministry officials in the Eastern Province, including three colonels, a major general and a brigadier general.

Two judges were also detained for receiving bribes, along with nine officials accused of corruption at Riyadh’s AlMaarefa University which resulted in severe damage to a building and caused deaths and injuries, Nazaha said.

The agency provided no names and few other details about the cases.
https://www.reuters.com/article/us-s...-idUSKBN21212I
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 03-20-2020, 10:14 AM   #31
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,305
Liked: 2502 times
Quote :
Russian President Vladimir Putin will refuse to submit to what the Kremlin sees as oil blackmail from Saudi Arabia, signaling the price war that’s roiling global energy markets will continue.

The unprecedented clash between the two giant exporters -- and former OPEC+ allies -- threatens to push the price of a barrel below $20, but Moscow won’t be the first to blink and seek a truce, said people familiar with the government’s position.
...
https://www.bloomberg.com/news/artic...l?srnd=premium

Not sure why anyone expects Putin to blink. This is exactly what he wanted in the first place.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 03-30-2020, 09:07 AM   #32
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,305
Liked: 2502 times
Saudi Arabia and Russia (and so called OPEC+) continue their price war. Oil is under $20.

Meanwhile, demand for oil has crashed because of Covid19 paralysis. Word I'm hearing from peeps working in the refining industry is that (domestic USA) refineries are going to start shutting down and either furloughing or firing employees. The problem is that their storage tanks are reaching full capacity. They can't make more product because they don't have any place to put the stuff.
rblong2us likes this.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 03-30-2020, 07:35 PM   #33
Yellow Jacket
 
rblong2us's Avatar
 
Join Date: Nov 2011
Location: off world
Posts: 2,053
Liked: 906 times
Even without the Russia / Saudi price war this would have happened.
World demand down 20% so far and no one knows when there will be any pickup . I cant imagine any agreed production cuts making any difference.

So did Putin mis read the effect of Covid19 or was he ready for where we are now.

There has to be significant shut-in / shutdown of the marginal producers and often these wells become un economical to re open.
I guess you can print your way to paying lost wages but there has to be demand to support the industry in the longer term.


I
__________________
if it cant be done with a digger .... it cant be done
rblong2us is offline   Reply With Quote
Old Yesterday, 11:57 AM   #34
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,305
Liked: 2502 times
Really good article (and quite long, get comfortable) on the oil situation:

https://mailchi.mp/zeihan/coronavirus-energy-guide
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Petrodollar and WWIII PMBug Fiat Ponzi 26 03-12-2020 08:26 AM
Russia hits back on the petrodollar Potemkin Fiat Ponzi 27 10-04-2019 07:33 AM
Saudi Politics PMBug STS 22 03-28-2018 12:40 PM
death on a highway Penn STS 1 12-31-2014 01:43 PM
California taxing itself to death PMBug Fiat Ponzi 12 03-17-2012 07:47 PM


All times are GMT -5. The time now is 03:52 AM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2020 Measuring Up. All Rights Reserved.