Puppet Masters
Brent slipped below $39 per barrel for the first time since December 2008 as the IEA, which advises developed nations on energy, warned that demand growth was starting to slow.
"The technicals and the fundamentals are singing from the same hymn sheet," said Tamas Varga, oil analyst with PVM Associates. "We will not see support until we hit the lows of 2008."
His remarks came after Swiss officials launched a manhunt in Geneva for four people believed to have links with Daesh, who have threatened to attack a number of cities. According to local reports, the listed cities are Geneva, Chicago and Toronto. Other European reports include Ottawa and Vancouver among the possible targets.
Goodale told reporters outside the parliament that the security officials "are examining all information to determine any new fact." "Canadian security officials have been alert to the threat of terrorism for a very long time and particularly since the situation in Paris. They have been working with their counterparts in other countries to make sure that we are putting together the best effort that could possibly be done," Goodale said.
Comment: Fear fosters paranoia and sends rational folk into overdrive. An afraid constituency is the most malleable. Mr. Goodale can thank its neighbor to the south for this perceived threat to his cities.
During the annual expanded meeting of the country's Defense Ministry Board on Friday Sergei Shoigu warned that Daesh has gained control over 70% of Syrian territory:
"Daesh is spreading: the militants control about 70% of Syrian territory and the majority of Iraq. The number [of terrorists] is close to 60,000. They might transfer to Central Asia and the Caucasus," Shoigu added.
The minister added that about 60,000 terrorists in Syria, Iraq are a threat to Central Asia.
Comment: It truly is a sad state of affairs Syria is in after 4 years. This country has a long road ahead to recover from this needless war.
Necdet recalled that relations between Moscow and Ankara deteriorated after the downing of a Russian bomber Su-24 by Turkish F-16 fighter jets over Syria in late November. In light of this, Ankara does not rule out that Russia may halt its gas supplies to Turkey at any moment, which has prompted it to seek out a suitable alternative to Russian gas as soon as possible, Necdet said.
Turkey obtains about 60% of the natural gas supplies it obtains abroad from Russia. He poured cold water on the Turkish media's speculations that Qatar, Iraq and Azerbaijan could be seen as three alternatives to Russia in this regard.
Comment: Turkey has dug quite a hole for itself. A new gas supply isn't something they can implement through the make-believe realities Erdogan appears to live in. Russian sanctions will affect Turkey more than the US sanctions have had on Russia. Russia has remained strong because it has been busy building relationships with numerous countries and if Turkey thinks the EU can or will save them, then they've got a cold wet blanket waiting in their bed.
"A special clean-up operation from November 26 to 28" against Boko Haram militants in the border area with Nigeria "neutralized more than 100" of them, Cameroon Defense Minister Joseph Beti Assomo said in a statement broadcast on national radio on December 2.
More than 100 people have reportedly lost their lives in the Far North of Cameroon in about 20 bomb blasts blamed on Nigeria-based Takfiris since July. Cameroon has joined a regional military alliance alongside Niger, Chad and Nigeria in the battle against Boko Haram.
The Boko Haram militancy began in 2009, when the terrorist group started an armed rebellion against the Nigerian government. At least 17,000 people have been killed and more than 2.5 million made homeless ever since. The terrorists recently pledged allegiance to the Takfiri Daesh militant group, which is primarily operating inside Syria and Iraq.
Comment: Less in the headlines, but just as diabolical and destructive, Boko Haram - now affiliated with Takfiri Daesh - is an ongoing deadly threat to Africans, turning their countries into war zones. It uses children as suicide bombers and indiscriminately targets civilians. The US "strongly condemns the horrific and indiscriminate suicide attacks" and "the group's senseless brutality." - State Department Mark Toner Yet ISIS, Israel, al-Qaeda...doing the same or similar...we know the answer to this double standard.
The missile was fired at the Arabian Sea and traveled 2,750km, its reported maximum range, said the Pakistani Army's press service ISPR.
"The successful flight test with its impact point in the Arabian Sea, validating all the desired parameters, was witnessed by senior officers from Strategic Plans Division, Strategic Forces, scientists and engineers of Strategic Organizations," the ISPR said in a statement.
Comment: More missile tests as the world's geopolitics heats up. We could be setting up for a grand display of 'fire works'.
- Israel successfully blows up space target with US-funded Arrow 3 ballistic missile interceptor
- China anti-missile test sets Washington off on hysterical fears of Chinese aggression
- Russia to develop weapons capable of penetrating any defense shield
- New cold war escalation: US Navy tests anti-missile defense system in Europe for the first time
- Hyperspace weapons: US Prompt Global Strike, Russia Yu-71 and China's Wu-14 missile programs
- The Pentagon goes nuclear on Russia

An S-400 air defence missile system is deployed for a combat duty at the Hmeymim airbase to provide security of the Russian air group's flights in Syria.
All forces threatening Russian servicemen in Syria should be destroyed, according to the Russian president. "Any targets threatening our [military] group or land infrastructure must be immediately destroyed," Putin said, speaking at a Defense Ministry event. Putin said over 5,000 members of the Free Syrian Army are operating on the terrorists' side.
"In general, the actions of the Russian groups deserve high praise. This is a result of work by the Ministry of Defense, General Staff officers, Russian Air Force pilots and the Russian Navy," he added.
Russian Defense Minister Sergey Shoigu added that Islamic State (IS, formerly ISIS/ISIL) controls about 70 percent of Syria's territory, adding that in Syria and Iraq there are about 60,000 militants. "The Islamic State area of influence is expanding," he said, "There is a threat that their actions will be transferred to Central Asia and the Caucasus."
To the date, the Russian military has carried out about 4,000 sorties, striking around 8,000 terrorist facilities in Syria, he added. Drones have proved a necessary part of the military operation against the terrorists, according to Shoigu. He said that Moscow has an about 1,720 drones at its disposal.
Comment: Russia deployed the S-400 surface-to-air missile system into Syria. They recently moved a Kilo class submarine off the coast there, which promptly launched a cruise missile strike into Syria on ISIS targets. The Russians have made clear that they will not be allowing the Assad regime to be deposed by Western intervention.
The shooting that claimed the lives of 14 people in California last week is undoubtedly tragic, and the worst mass shooting in America since Dylan Roof killed nine in a South Carolina church. But it's important to remember that similarly horrible events occur on an even more frequent basis in other parts of the globe.
"...Such attacks are commonplace in the countries the US seeks to 'liberate,' Daniel McAdams writes for the Ron Paul Institute. "Just yesterday, in the Syrian village of al-Khan, US bombers wiped out at least 36 civilians as they hit the center of the village."
Putin was presented with the airplane's black box, which was recovered by Syrian and Russian special-forces, by Russian Defense Minister Sergei Shoigu on Tuesday.
According to a report in the Moscow Times:
Russian President Vladimir Putin invited British experts to examine the black box from the Su-24 bomber downed by Turkey last month, the Kremlin's official website reported Wednesday.
The Russian President made the offer during a phone conversation with British Prime Minister David Cameron when he called to offer Putin his condolences after the incident, which resulted in the death of the plane's pilot.
Defense Minister Sergei Shoigu showed the black box to Putin at a meeting on Tuesday. The president requested that it remain closed until foreign experts arrive to participate in an investigation into the downing.
Comment: Another smart move by Putin. If the UK along with other authorities turns down the invitation to examine the data in its pristine form, then everyone has the right to ask why - don't they want to know? If they do come then they will, in all likelihood, be privy to the fact that the data will show that Turkey's shoot down of the bomber was the result of naked aggression and provocation. And then they will be forced to take a position - or continue to demonstrate just how duplicitous they are. We've got a dollar that says Cameron will decline the invitation and go off and kiss a pig.
On Wednesday, Turkey's foreign ministry issued a statement calling for any citizens in Iraq to leave immediately.
"We strongly advise those whose stay is not essential to leave those provinces as soon as possible," the statements reads. "The scope of our travel warning to Iraq has expanded to include all provinces except for Dohuk, Arbil and Sulaymaniyah."
All of the exempted provinces are in the northern region of Iraqi Kurdistan.
Comment: It is interesting to note the area on the map as mentioned above. Is Turkey potentially creating a buffer zone for ISIS troops? Would that be an intelligent move with Iraqi soldiers heading North toward them and the possibility that Iraq may call on the help of Moscow who's helping their Syrian neighbor right now? Will Iran get involved if they believe ISIS/Turkey is threatening their border? Many questions come to mind as to how this may play out.















Comment: More signs we are headed for a recession.