The US' complete ineptitude on oil policy is in the spotlight just as predicted. A pair of articles will show what I mean.
China Snubs Geithner on Iran Oil
Bloomberg reports China Snubs Geithner on Iran Oil, Japan Plans Cut
Matthew Kroenig observes that if we get real about America’s concern about an Iranian nuclear weapon then it becomes more clear why Russia and China aren’t so worried:
ALMATY, Kazakhstan — World powers began a new round of high-level talks with Iranian officials Tuesday, trying to find a way out of a years long tussle over Tehran’s nuclear program and its feared ability to make atomic weapons in the future.
Few believe the latest attempt to forge a compromise will yield any major breakthroughs, but negotiators are optimistically casting it as a stepping stone toward reaching a workable solution.
A month ago, China announced property curbs including a 20 percent capital gains tax on home sales, that slammed Chinese stocks, and property stocks in particular. Now, a bunch of local Chinese governments including Beijing and Shanghai have announced a follow-up to those measures.
Israel's Mossad is a world renowned secret intelligence and special operations agency most famous for hunting down hidden Nazis and systematically locating and killing the terrorists responsible for the brutal slayings at the Munich Olympics.