Trump To Declare Iran Deal Not In America’s Interests, Setting Stage For Epic Disaster

Let me just be as clear as possible: this is a potentially disastrous decision. He is going to open the door for Iran to resume its nuclear weapons program and indeed, by effectively spitting in the face of all the parties involved in crafting the deal, he is going to further isolate Washington from the rest of the world. 

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John Kerry: If Trump Backs Out Of Iran Deal, It Will Be Washington, Not Tehran That’s Isolated

“we believed it would be easier to deal with other differences with Tehran if we weren’t simultaneously confronting a nuclear regime.”

Powder Keg Alert: Kurdish Referendum In Focus As Erdogan Threatens Oil Flows, Military Strike

“Our military is not (at the border) for nothing. We could arrive suddenly one night.”

Quake Detected In North Korea Near Nuke Site; Iran Tests New Ballistic Missile

So all in all, just another Saturday in a world that’s completely falling apart.

‘Axis Of Evil On Steroids’ – Trump’s U.N. Speech

“…he severely undercut the prospects for a diplomatic solution to the crisis, making war that much more likely.”

Trump Blasts ‘Rocket Man’, Iran, Pushes Nationalist Propaganda In Orange-Faced U.N. Rant

We all knew this was going to be bad, but it was orders of magnitude worse than expected no matter what kind of spin anyone tries to put on it.

“Shit! I Think We Bit Off More Than We Can Chew”: Explaining Al Qaeda’s Decline

“This failure stands in contrast to the experience of terrorist groups like Hamas and Hizballah, which enjoy considerable local support. Both are integrated into the broader Palestinian and Lebanese Shi’a populations of their countries. Hamas is the de facto ruler of Gaza, and Hizballah is part of the Lebanese government. “

“This Is Much More Than A Spat”: What The Qatar Crisis Means For Global Energy Markets

“The latest incident, whereby a group of oil-producing Arab nations has cut ties with neighboring energy-exporting country Qatar, is much more than a simple diplomatic spat. Collectively, the countries involved control 29% of global crude oil and 33% of global liquid natural gas exports.”

“Send Your Savings To Me Now”: Qatar Hit With Dollar, Food Shortage Amid Bank Squeeze

“I spoke with my wife this morning. She said, ‘Send your savings to me now.’ I am not panicked but my family are scared,” said John Vincent, an air-conditioning repairman from the Philippines.

Trump Blames Shiite Iran For Sunni Terror Attacks, Says They Got What They Deserved

“Blame the victim.”

As Oil Plunges On Bearish Data, It’s Time To Ask If Qatar Crisis Could Undermine OPEC Deal

You know, I’ve gotta think that people may be underestimating the extent to which the drama between Qatar and Saudi Arabia might eventually end up impacting the OPEC production cuts. Markets seem to vaguely understand the possibility that the rift could have implications for the deal, but it doesn’t look priced in to me. To…

Terrorist “Troublemakers” Storm Overnight Session, Murder 12 In Iran Ahead Of “Super Thursday”

Well, it was a quiet overnight session right up until around 2 a.m. EST when Iran was targeted by simultaneous terror attacks. Gunmen entered Parliament in Tehran and the Imam Khomeini Shrine where one of the attackers detonated a suicide vest. ISIS would later claim responsibility via Amaq. At least 12 people were killed and…

Did The Saudis Make A Huge Mistake? Qatar Move Backfires As Iran Steps Up

It’s probably safe to say that the early “winner” in the spat between Qatar and the Saudis is Iran. And you know that’s gotta piss Riyadh off because the whole point of this was to punish Doha for adopting a conciliatory stance toward the Iranians and, more generally, to rein in what the Sunni community increasingly views…

Qatar Cut Off: Everything You Need To Know About Monday’s Mideast Earthquake

You might be wondering why Saudi Arabia seemingly gave Qatar the Fredo Corleone treatment on Monday. As you’ve probably heard by now, Saudi Arabia, Bahrain, the United Arab Emirates and Egypt have cut most diplomatic ties with Doha. Air and sea travel have been suspended to and from the Gulf emirate and Riyadh is closing land crossings.…

Iran’s Rouhani Wins In Landslide As Trump Meets Unelected Royals In Saudi Arabia

Hassan Rouhani has won Iran’s presidential election. Rouhani won 57% of the vote to Ebrahim Raisi’s 38.5% , Interior Minister Rahmani Fazli said at a press conference in Tehran. Turnout was heavy at roughly 70%, and as expected, high participation among urban, middle class voters helped propel the President to what turned out (no pun intended) to…