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What Kerry did give was the Master's Voice seal of approval to the Saudi strategy of low oil prices, thinking short-term about US oil consumers at the pump, and medium-term on putting pressure on the revenues of both Iran and Russia. Yet he obviously played down the blow to the US shale gas industry. The Saudis, for their part, have other key considerations, not least how to recover their market share across Asia - where their biggest customers are located. They are losing market share because of discounted crude sold by both Iran and Iraq. Thus, both must be "punished", on top of the House of Saud's pathological aversion to all things Shi'ite. As for the big picture in Syria, Obama's capo for dealing with The Caliph, General John Allen, laid down the law to Saudi newspaper Asharq Al-Awasat. He said, "[T]here is not going to be a military solution here [in Syria]". And he also said, "The intent is not to create a field force to liberate Damascus."

Short translation: those old goons of the previously "winning against Assad" Free Syrian Army (FSA) are now six feet under. And the new FSA goons to be trained in - of all places - Saudi Arabia are not exactly being regarded as holy saviors. For all practical purposes, the medium-term scenario spells out more US bombing (of infrastructure belonging to the Syrian nation); no regime change in Damascus; and The Caliph steadily consolidating his wins. And finally, the Hollywood factor Imagine if shabby "historical" al-Qaeda had these ultra-slick PR skills. Bearded has-beens with old Kalashnikovs in Afghan caves is so passe. The Caliph not only smuggles tens of thousands of barrels of oil a day undetected, but he also deploys a British hostage turned foreign correspondent (and who may have converted to the Salafi version of Islam) reporting from a hollowed out Kobani about to be totally captured by a bunch of takfiris and mercenaries (they certainly are not mujahideen).

Meanwhile, on the ground, only now has Ankara allowed roughly 200 peshmergas from Iraqi Kurdistan - whose slippery leaders do business with Turkey - to cross the border to, in theory, help Kobani. No soldiers, weapons or supplies are allowed for the Kurdish PKK/PYD forces which have been actually defending Kobani all along. Sultan Erdogan's endless procrastination will be judged by any independent investigation as the key element in allowing the possible fall of Kobani. Turkish Prime Minister Ahmet Davutoglu once again has laid down the "conditions" for his country to help with the - so far spectacularly innocuous - US campaign against The Caliph; the possible liberators of Kobani must only be Iraqi peshmergas, and remaining FSA goons, not "terrorists" (as in PKK/PYD). In the end, Kobani - precisely on the border between southeast Anatolia and northern Syria - is highly strategic. The situation on the ground is dire. There may be a little over 1,000 residents left, barricaded in their houses. Protecting them, a little over 2,000 Syrian Kurd fighters, including the female Ishtar brigade. Only 200 peshmergas coming from Iraqi Kurdistan are not going to make a huge difference against a few thousand heavily weaponized caliph goons deploying as many as 20 tanks. It does not look good, even though, unlike in the Caliph-approved Brit hostage report, the fake "mujahideen" are not in total control.

The Caliph, anyway, is bound to remain on a roll. Absolutely none of the above would be remotely possible without US/Western overt/covert complicity, proving once and for all that The Caliph is the ultimate gift that keeps on giving in the eternal GWOT (Global War On Terra). How come the Dick Cheney regime never thought about that?

“This is the worst moment for a radical change to the foundations of our democracy. "After we carried out an onerous programme of financial assistance, entailing heavy sacrifices, it is my duty, within my constitutional powers, to do everything possible to prevent false signals being sent to financial institutions, investors and markets,” he said. Mr Cavaco Silva argued that the great majority of the Portuguese people did not vote for parties that want a return to the escudo or that advocate a traumatic showdown with Brussels. This is true, but he skipped over the other core message from the elections held three weeks ago: that they also voted for an end to wage cuts and Troika austerity. The combined parties of the Left won 50.7pc of the vote. Led by the Socialists, they control the Assembleia.

The conservative premier, Pedro Passos Coelho, came first and therefore gets first shot at forming a government, but his Right-wing coalition as a whole secured just 38.5pc of the vote. It lost 28 seats.

The Socialist leader, Antonio Costa, has reacted with fury, damning the president’s action as a “grave mistake” that threatens to engulf the country in a political firestorm. “It is unacceptable to usurp the exclusive powers of parliament. The Socialists will not take lessons from professor Cavaco Silva on the defence of our democracy,” he said. Mr Costa vowed to press ahead with his plans to form a triple-Left coalition, and warned that the Right-wing rump government will face an immediate vote of no confidence. There can be no fresh elections until the second half of next year under Portugal’s constitution, risking almost a year of paralysis that puts the country on a collision course with Brussels and ultimately threatens to reignite the country’s debt crisis. The bond market has reacted calmly to events in Lisbon but it is no longer a sensitive gauge now that the European Central Bank is mopping up Portuguese debt under quantitative easing.