Skip to main content

Author: Author1

Israeli president arrives in Turkey for historic visit

Written on . Posted in PT Middle East.

Assessment: The trip is the first official visit to Turkey by an Israeli leader since 2008 • The two countries will try to “restart” relations, in a “cautious, measured manner,” says Israeli President Isaac Herzog …

Israeli President Isaac Herzog touched down in Turkey on Wednesday, kicking off the first official visit to the country by an Israeli leader since 2008.

“Israel-Turkey relations are important for Israel, important for Turkey and important for the whole region,” Herzog said in a statement released by his office. “Certainly at a time when the international order is being shaken, it is good and proper that stability and partnership be maintained in our region,” he said, adding that he had emphasized this during his visits to Greece and Cyprus in recent weeks.

“We will not agree on everything, and the relationship between Israel and Turkey has certainly known ups and downs and not-so-simple moments in recent years, but we shall try to restart our relations and build them in a measured and cautious manner, and with mutual respect between our states,” he said.

“I will execute judgment on him with plague and bloodshed; I will pour down torrents of rain, hailstones and burning sulfur on him and on his troops and on the many nations with him.” Ez. 38:22 NIV

Herzog and Turkish President Recep Tayyip Erdoğan, who invited the Israeli leader to visit, are expected to discuss various bilateral issues, including Israel-Turkey relations and the potential for expanding collaboration between their states and peoples in various fields, according to Herzog’s office.

The Israeli president’s wife, Michal, is traveling with him.

ANALYSIS: White House Keeps Misleading Public On Oil, Gas Leasing. Here Are The Facts

Written on . Posted in PT Global Economy.

  • The White House has repeatedly suggested the private sector can boost oil supply amid surging gas prices, but industry groups have countered that the administration has placed hurdles for new drilling.
  • “Not every lease contains oil and natural gas, nor does every non-producing lease represent untapped resource potential,” American Petroleum Institute Senior Vice President of Policy, Economics and Regulatory Affairs Frank Macchiarola said during a media call Thursday. “Companies are in the business of finding and producing oil and gas and developing those leases.”
  • “Because of the uncertainty of operating on federal lands, companies must build up a sufficient inventory of permits before rigs can be contracted to ensure the permits stay ahead of the rigs,” Kathleen Sgamma, the president of the Western Energy Alliance, said.

“How then can you comfort me with empty words, Since falsehood remains in your answers?” Job 21:34

The White House has repeatedly suggested the private sector can boost oil supply amid surging gas prices, but industry groups have countered that the administration has placed hurdles for new drilling.

The answer came in response to a question on why the White House had stopped short of pushing for greater domestic fossil fuel production amid rising energy costs. On Monday, nationwide gasoline prices hit an all-time high, topping $4.103 for the first time ever while oil prices — a large factor in determining gas prices — have surged in the wake of Russia’s invasion of Ukraine.

However, the unused drilling leases represent a fraction of the active permits …

Read More @ Daily Caller HERE

Report: Saudis, Emiratis, Refused Biden’s Phone Call on Ukraine Crisis, Oil Supplies

Written on . Posted in PT Middle East.

Assessment: Saudi Arabia and the UAE are the only two oil producers that can pump millions of additional barrels of oil to help calm the turbulent global market …

The White House tried unsuccessfully to arrange calls between President Biden and the leaders of Saudi Arabia and the United Arab Emirates, as the US was attempting to forge international support for Ukraine and tame the surge in oil prices, Middle East and US officials told the Washington Post on Tuesday.

“The sluggard does not plow after the autumn,
So he begs during the harvest and has nothing.” Proverbs 20:4

Globe editorial: Joe Biden's presidency is in big trouble – and that's good news for Donald Trump - The Globe and Mail

The refusal of Saudi Crown Prince Muhammad bin Salman and UAE Crown Prince Muhammad bin Zayed to take Biden’s call happened in recent weeks, when officials in these countries have increasingly criticized US policy in the Persian Gulf. Biden eventually spoke with the 86-year-old King Salman, bin Salman’s father, and their conversation dealt with the long-standing partnership between their two countries. The Emirati Foreign Ministry said that the conversation between Biden and the country’s regent was postponed.

Saudi officials told the Post that relations with the United States had deteriorated under the Biden administration, and they wanted more significant support from their ally for their intervention in the Yemeni civil war, along with help with their civilian nuclear program and dealing with Iran’s nuclear program. Another issue that has come up is the Saudis’ demand to offer immunity from prosecution in the US to the Saudi Crown Prince who faces several open inquiries over his involvement in the killing of Saudi journalist Jamal Khashoggi in 2018.

Their Emiratis share Saudi Arabia’s concerns after the restrained response by Washington to the recent Iranian-backed Houthi missile attack on American targets.

Read More @ JNS HERE

Market Watch: Dow futures climb about 500 points as commodity prices ease amid war in Ukraine

Written on . Posted in PT Global Economy.

Stock futures posted strong gains early Wednesday as investors assessed a surge in commodity prices and high inflation while the war in Ukraine continues.

Futures tied to the Dow Jones Industrial Average rose 510 points, or about 1.6%. S&P 500 futures climbed 1.7% and Nasdaq 100 futures gained 2.1%.

The gains came amid an easing in commodity prices that have spooked the broader market. Energy and agriculture products in particular have catapulted higher amid the fighting in Ukraine, while some metals also have posted major gains.

West Texas Intermediate crude, the U.S. oil benchmark, was last down 2.2% to $120.92, while Brent crude, the international standard, fell 1.7% to $125.78. What futures also were sharply lower, falling 5% to $1,215.50 a bushel, though palladium

Read More @ CNBC HERE

Biden On Historic Gas Prices: ‘I Can’t Do Much Right Now. Russia’s Responsible.’

Written on . Posted in PT World Order.

Assessment: No, Joe Biden is responsible. The oil crisis is a self-inflicted would and if left to metastasize, it will be the end of America as a world power…

Democrat President Joe Biden refused to take any ownership of the historic gas prices that Americans are facing right now when asked about the matter on Tuesday as he then proceeded to deflect blame on Russia.

“They’re gonna go up,” Biden said when asked in Texas about gas prices, which reached record-breaking levels this week.

But there was none like unto Ahab, which did sell himself to work wickedness in the sight of the LORD, whom Jezebel his wife stirred up. 1 Kings 21:25

When asked what he could do about it, he said, “I can’t do much right now. Russia’s responsible.”

Read More @ Daily Wire HERE

Zelensky Ready To ‘Discuss & Find Compromise’ On Crimea, No Longer Insists On NATO Membership

Written on . Posted in PT World Order.

President Zelensky’s 14-hour old ABC News interview (which we detailed hours ago below) is finally getting widespread distribution and is being repackaged as a significant nod to Moscow on what’s been Putin’s core issue he cited as justification for launching the war:

In another apparent nod aimed at placating Moscow, Zelensky said he is open to “compromise” on the status of two breakaway pro-Russian territories that President Vladimir Putin recognized as independent just before unleashing the invasion on February 24.

“I have cooled down regarding this question a long time ago after we understood that …NATO is not prepared to accept Ukraine,” Zelensky said in an interview aired Monday night on ABC News.

“Let him turn away from evil and do good;
Let him seek peace and pursue it.” 1 Peter 3:11

 

“The alliance is afraid of controversial things, and confrontation with Russia,” the president added.

“I’m talking about security guarantees,” Zelensky said, explaining that Ukraine is now open for dialogue on these central Russian security demands in order to stop the war.

Read More @ Zero Hedge HERE

Joe Biden Blames ‘Putin’s Price Hike’ on Gas After Banning Russian Oil Imports

Written on . Posted in PT Global Economy.

Assessment: The president has repeated his promise to do “everything” he can to reduce gas prices EXCEPT produce domestic oil.

President Joe Biden announced his decision to ban oil imports from Russia at the White House on Tuesday, just days after his administration argued against the idea.

“We will not be part of subsidizing Putin’s war,” Biden said, painting the decision as a moral one after Russian president Vladimir Putin escalated his war in Ukraine.

Biden’s ban was announced as he faced growing pressure from a bipartisan coalition of members of Congress to pass their own bill to ban Russian oil imports.

White House press secretary Jen Psaki and other Biden officials spent days defending their decision not to ban oil imports from Russia, warning it would only enrich Putin by raising gas prices.

“If a ruler pays attention to lies,
All his servants become wicked.” Proverbs 29:12

UkraineUkraine

Ukraine

“It also has the potential to pad the pockets of President Putin, which is exactly what we are not trying to do,” Psaki said during a press briefing Thursday when asked why Biden had not announced a ban on oil imports from Russia.

In recent days, many oil companies already announced plans to eliminate Russian oil from their portfolios. Even Shell announced their decision to stop purchasing crude oil on Tuesday after purchasing a significant amount of discounted Russian crude oil days earlier.

But Biden described his announcement as “another powerful blow to Putin’s war machine.”

News of Biden’s ban caused the price of oil to jump on Tuesday.

Read More @ Breitbart HERE