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The United States has allowed Israel, waging an offensive in the Gaza Strip, to tap a local US arms stockpile in the past week to resupply it with grenades and mortar rounds, Rear Admiral John Kirby, the Pentagon's press secretary, has said.

Additional Israeli requests for US-manufactured ammunition were also being processed in the US, the anonymous defence official said.

Separately, US politicians were working in Congress to provide millions of dollars in additional funding for Israel's "Iron Dome" missile shield.The US Senate Appropriations Committee added $225m for Iron Dome to a spending bill intended mainly to provide money to handle an influx of thousands of Central American children across the US-Mexico border.

President Barack Obama made a rare acknowledgment during a Friday press briefing concerning the United States’ past use of enhanced interrogation tactics in the wake of the September 11 terrorist attacks. “In the immediate aftermath of 9/11, we did some things that were wrong. We did a whole lot of things that were right, but we tortured some folks. We did things that were contrary to our values,” Pres. Obama said near the end of a nearly hour-long press briefing at the White House in Washington, DC.

Earlier this week, Sen. Ron Wyden (D-Oregon) told The Daily Beast that “The American people will be profoundly disturbed about what will be revealed in this report.”

The word “torture” to describe the tactics used by the CIA is rarely used by government officials, but Pres. Obama has indeed condemned the agency’s past abuses before. During an address last year at the National Defense University, Obama said that, in some cases, “I believe we compromised our basic values -- by using torture to interrogate our enemies, and detaining individuals in a way that ran counter to the rule of law.” “So after I took office, we stepped up the war against Al-Qaeda but we also sought to change its course. We relentlessly targeted Al-Qaeda’s leadership. We ended the war in Iraq, and brought nearly 150,000 troops home. We pursued a new strategy in Afghanistan, and increased our training of Afghan forces. We unequivocally banned torture, affirmed our commitment to civilian courts, worked to align our policies with the rule of law and expanded our consultations with Congress,” Obama said in that address from last May.

Just after the Senate Intelligence Committee voted in April to declassify hundreds of pages of a withering report on the Central Intelligence Agency’s detention and interrogation program, C.I.A. Director John O. Brennan convened a meeting of the men who had played a role overseeing the program in its seven-year history.The spies, past and present, faced each other around the long wooden conference table on the seventh floor of the C.I.A.’s headquarters in Northern Virginia: J. Cofer Black, head of the agency’s counterterrorism center at the time of the Sept. 11 attacks; the undercover officer who now holds that job; and a number of other former officials from the C.I.A.’s clandestine service. Over the speakerphone came the distinctive, Queens-accented voice of George J. Tenet.

Ms. Feinstein agreed to let a group of former senior C.I.A. officials read a draft of the report, although she initially insisted they be allowed to review it only at the committee’s office. Officials said President Obama’s chief of staff, Denis McDonough, intervened and brokered an arrangement in which the officials could read an unredacted version of the report inside a secure room at the office of the Director of National Intelligence. Ms. Feinstein declined to comment.

Mr. Tenet, who declined to be interviewed for this article, has arranged a number of conference calls with former C.I.A. officials to discuss the impending report. After private conversations with Mr. Brennan, he and two other former C.I.A. directors — Porter J. Goss and Michael V. Hayden — drafted a letter to Mr. Brennan asking that, as a matter of fairness, they be allowed to see the report before it was made public. Describing the letter, one former C.I.A. officer who spoke on condition of anonymity said that the former directors “think that those people who were heavily involved in the operations have a right to see what’s being said about them.”Mr. Brennan then passed the letter to Senator Dianne Feinstein, the California Democrat who is chairwoman of the Senate Intelligence Committee.

For most of the last five decades, it has been assumed that the Tonkin Gulf incident was a deception by Lyndon Johnson to justify war in Vietnam. But the U.S. bombing of North Vietnam on Aug. 4, 1964, in retaliation for an alleged naval attack that never happened — and the Tonkin Gulf Resolution that followed was not a move by LBJ to get the American people to support a U.S. war in Vietnam. The real deception on that day was that Secretary of Defense Robert S. McNamara’s misled LBJ by withholding from him the information that the U.S. commander in the Gulf — who had initially reported an attack by North Vietnamese patrol boats on U.S. warships — had later expressed serious doubts about the initial report and was calling for a full investigation by daylight. That withholding of information from LBJ represented a brazen move to usurp the President’s constitutional power of decision on the use of military force.

McNamara’s deception is documented in the declassified files on the Tonkin Gulf episode in the Lyndon Johnson library, which this writer used to piece together the untold story of the Tonkin Gulf episode in a 2005 book on the U.S. entry into war in Vietnam. It is a key element of a wider story of how the national security state, including both military and civilian officials, tried repeatedly to pressure LBJ to commit the United States to a wider  war in Vietnam.

The deeper lesson of the Tonkin Gulf episode is how a group of senior national security officials can seek determinedly through hardball – and even illicit – tactics to advance a war agenda, even knowing that the President of the United States is resisting it.

On August 16, 1953, the same day the Shah of Iran fled to Baghdad after a failed attempt to oust Prime Minister Mohammad Mosaddeq, the agitated monarch spoke candidly about his unsettling experience to the U.S. ambassador to Iraq. In a highly classified cable to Washington, the ambassador reported: "I found Shah worn from three sleepless nights, puzzled by turn of events, but with no (repeat no) bitterness toward Americans who had urged and planned action. I suggested for his prestige in Iran he never indicate that any foreigner had had a part in recent events. He agreed." Despite the passage of more than six decades, fundamental questions persist about Mosaddeq's overthrow, including who was responsible for this milestone event in Iranian history. The above cable, which was previously published but with these key passages excised for secrecy reasons, is one of several important pieces of evidence pointing to the United States role. Nevertheless, the question of how important the U.S. and British were in the events of 1953 has recently come under intensified scrutiny. An article in the July/August 2014 issue of Foreign Affairs by noted Iran analyst Ray Takeyh is the latest in a series of analyses by respected scholars who conclude Iranians, not the CIA or British intelligence, were fundamentally responsible.

In the course of explaining "What Really Happened in Iran," however, the piece spotlights some of the risks of writing about such sensitive historical events, particularly when they involve covert intelligence operations. In particular — how do you know when to trust your sources? Today's brief posting is by no means a full assessment or refutation of this argument. (In the interests of disclosure, the author believes the evidence shows that both the CIA — with British help — and Iranians themselves were critical in their own ways to the end result[1]). Instead, the posting mainly points out one of the peculiar challenges confronting historians of 1953, especially on the question of the U.S. and British roles. The challenge is simply that U.S. and British reporting about the coup cannot be taken strictly at face value. The main reason is secrecy. President Eisenhower underscored the need for confidentiality in a diary entry from the time. Dated October 8, 1953, but referring back to August 19, Eisenhower notes: "Another recent development that we helped bring about was the restoration of the Shah to power in Iran and the elimination of Mossadegh. The things we did were 'covert.' If knowledge of them became public, we would not only be embarrassed in that region, but our chances to do anything of like nature in the future would almost totally disappear." (See Document 1)

Iraqi and U.S. officials have confirmed that fighters allied with the Islamic State not only captured hundreds of U.S.-supplied Humvees and large amounts of ammunition in their march across Iraq, but they also now possess as many as 52 U.S.-supplied artillery pieces with GPS aiming systems. The 155mm guns have a range of 20 miles, putting many Iraqi cities still in government hands easily within range of Islamic State positions.

Iraqi and U.S. officials have confirmed that fighters allied with the Islamic State not only captured hundreds of U.S.-supplied Humvees and large amounts of ammunition in their march across Iraq, but they also now possess as many as 52 U.S.-supplied artillery pieces with GPS aiming systems. The 155mm guns have a range of 20 miles, putting many Iraqi cities still in government hands easily within range of Islamic State positions.

Iraqi and U.S. officials have confirmed that fighters allied with the Islamic State not only captured hundreds of U.S.-supplied Humvees and large amounts of ammunition in their march across Iraq, but they also now possess as many as 52 U.S.-supplied artillery pieces with GPS aiming systems. The 155mm guns have a range of 20 miles, putting many Iraqi cities still in government hands easily within range of Islamic State positions.

The National Security Agency would be required to prepare an unclassified report on “all NSA bulk collection activities,” the Senate Appropriations Committee directed in its report on the Fiscal Year 2015 Department of Defense Appropriations bill, published yesterday. The Committee told the NSA to prepare a report “describing all NSA bulk collection activities, including when such activities began, the cost of such activities, what types of records have been collected in the past, what types of records are currently being collected, and any plans for future bulk collection.” Such a report would be expected to clarify whether NSA bulk collection extends beyond the acknowledged telephone metadata program in Section 215 of the USA Patriot Act. The required report is to be “unclassified to the greatest extent possible,” the Senate Committee said. In the reporting requirements that it imposed on NSA, the Senate Appropriations Committee notably went beyond what was required by the Senate or House Intelligence Committees. The Appropriations Committee also directed NSA to submit additional reports on the total number of records acquired and reviewed by NSA in its bulk telephone metadata program over the past five years, and an estimate of the number of records of U.S. persons that have been acquired and reviewed in the telephone metadata program. Another unclassified report is required to provide “a list of terrorist activities that were disrupted, in whole or in part, with the aid of information obtained through NSA’s telephone metadata program.”

Update: Identical reporting language was included by the Senate Appropriations Committee last year in its report on the FY2014 Defense Appropriations bill (h/t @byersalex), yet the required NSA reports were not produced. At Emptywheel, Marcy Wheeler questions the utility of the proposed reports, particularly since the Senate Committee language lacks a clear, unambiguous definition of “bulk collection.”

The Director of National Intelligence has issued new guidance on assessing damage resulting from the unauthorized disclosure of classified intelligence information to ensure that the damage assessments “are produced in an efficient, timely, consistent and collaborative manner.” Leak damage assessments should be used iteratively and the lessons learned from them should be applied “to strengthen the protection of classified national intelligence and prevent future unauthorized disclosures or compromises.” In addition to the facts and circumstances of the unauthorized disclosure, damage assessments should identify “any foreign involvement” in the case and “actionable recommendations to prevent future occurrences.” Where foreign partners are affected by the leak, agency heads shall coordinate with DNI “prior to notifying a foreign government.” Also, “foreign governments normally will not be advised of any security system vulnerabilities that contributed to the compromise.” See “Damage Assessments,” Intelligence Community Directive 732, June 27, 2014.

Ali Beshr, Egypt’s Minister of Local Development during the presidency of the ousted Mohamed Morsi, has been detained since Thursday, reports The Cairo Post, quoting Muslim Brotherhood lawyer Abdul Meneim Abdul Maqsoud. For the first time since the ouster of Morsi, Egypt’s prosecutor may implicate the U.S. and EU/NATO member Norway in conspiracy as well as possible espionage, terrorism and high-treason.

Ali Beshr, Egypt’s Minister of Local Development during the presidency of the ousted Mohamed Morsi, has been detained since Thursday, reports The Cairo Post, quoting Muslim Brotherhood lawyer Abdul Meneim Abdul Maqsoud. For the first time since the ouster of Morsi, Egypt’s prosecutor may implicate the U.S. and EU/NATO member Norway in conspiracy as well as possible espionage, terrorism and high-treason.

Most of the leading members of Egypt’s Muslim Brotherhood, a.k.a. Ikhwan, were captured shortly after the dispersal of the Rabaa al-Adweya and Nahda Square sit ins on August 14, 2014. Morsi and over thirty other leading Muslim Brotherhood members and as well as members of the Morsi administration are facing charges, including espionage, terrorism and treason, cooperation with Hamas and Hezbollah in the attempt to subvert Egypt’s security and integrity, as well as the passing on of information that is sensitive to Egypt’s national security to Qatar. Since the overthrow of the Morsi administration, following record demonstrations with an estimated 14 million people, Egypt has also accused Turkey of supporting the Muslim Brotherhood. That includes allegations that Turkey’s intelligence service MIT, under Hakan Fidan, is behind the Muslim Brotherhoods Rabaa TV channel, based in Turkey.

The National Archives and Records Administration told the Central Intelligence Agency last week that it was withholding approval of a CIA proposal to allow the destruction of the email records of all but 22 senior Agency officials. “NARA intends to reassess the Central Intelligence Agency (CIA) proposal for the disposition of non-senior email accounts,” wrote Paul M. Wester, Jr., Chief Records Officer at NARA in a November 20 letter to Joseph Lambert, Director of Information Management Services at CIA. “Based on comments from Members of the U.S. Senate Select Committee on Intelligence and a number of public interest groups, we are concerned about the scope of the proposed schedule and the proposed retention periods,” Mr. Wester wrote. Based on a preliminary review of the CIA proposal, NARA had initially recommended approval of the plan, Secrecy News reported last month. (“CIA Asks to Destroy Email of Non-Senior Officials,” October 1.)

But critical comments that were submitted to NARA — from the Federation of American Scientists, Openthegovernment.org and other public interest groups and individuals, the Department of Defense Chief Defense Counsel, and especially from Senators Feinstein and Chambliss, the leaders of the Senate Intelligence Committee, and Senators Wyden, Udall and Heinrich, Members of the Committee — turned the tide and blocked the proposal in its current form. “We will hold a public meeting on this schedule in the coming months to address the comments raise by you and others and to share how NARA is moving forward,” wrote Margaret Hawkins of NARA Records Management Services in an email message today. “This meeting will be announced in the Federal Register and will be open to all commenters and the public.” For related coverage, see: “The CIA Wants To Delete Old Email; Critics Say ‘Not So Fast'” by David Welna, NPR All Things Considered, November 20; “Top Senators Oppose CIA Move to Destroy Email” by Siobhan Gorman, Wall Street Journal, November 19; “National Archives: Ok, So Maybe Letting The CIA Destroy Emails Wasn’t A Great Idea” by Ali Watkins, Huffington Post, November 21; and “Furor Over CIA Shake-Up of Email System” by Adam Klasfeld, Courthouse News Service, November 7.

The President of the Russian Federation’s Republic of Chechnya, Ramzan Kadyrov, said that Islamic State leader Abu Omar al-Shishani, who threatened that he’d bring holy war to Chechnya and the Caucasus has been liquidated.  

Kadyrov also challenged ISIS/ISIL leader and self-anointed “Caliph” Ibrahim, a.k.a. al-Baghdadi and al-Badri to admit that he is working for the intelligence services of the United States. In April 2013 the ISIS/ISIL Caliph attended a covert meeting with U.S. Senator John McCain in a safe-house in Idlib after McCain illegally had crossed the Turkish-Syrian border. The renown U.S.-American historian Webster Griffin Tarpley repeatedly called upon the arrest of McCain for colluding with and supporting terrorists, including ISIS/ISIL or the self-proclaimed “Islamic State”.

Mark Carney, chairman of the Financial Stability Board (FSB) and governor of the Bank of England (BoE) has proposed new rules to put an end to the concept of “too big to fail” and taxpayer banker bailouts. Carney said: Once implemented, these agreements will play important roles in enabling globally systemic banks to be resolved (wound down) without recourse to public subsidy and without disruption to the wider financial system.”

The total loss-absorbing capacity (TLAC) of the past has allowed for the banks to benefit from taxpayer injections of cash to compensate for speculative betting on the stock market. Now banks “will have to fund themselves with loss-absorbing capital equal to 16-20% of their risk-weighted assets.” The 30 largest banks in the world are considered “systematically important” and affected by TLAC rules; however certain loopholes in the new rules could facilitate “different market conditions” paving the way for a specific assessment of an individual case to “even the playing field”.

Proposed ideas include the inception of “Goldman Sachs and HSBC [to] have a buffer of bonds or equity equivalent to at least 16 to 20 percent of their risk-weighted assets, such as loans, from January 2019.” Set in motion in 2013, the Bank of International Settlements (BIS) and the Basel Committee on Banking Supervisors (BCBS) has applied the underlying pressure on US banks to liquidate to appease global markets. The American taxpayer is picking up the tab for this turn of events. BIS is giving these banks until 2019 to comply with their new rules. Capital to prop up the banks will be needed while they liquidate assets such as bonds, mortgages, loans and stock shares.

Nothing has come in for more mockery during the Obama administration’s halting steps into the Syrian civil war than its employment of “moderate” to describe the kind of rebels it is willing to back.

Behind the jokes, however, is the deadly serious responsibility of the CIA and Defense Department to vet Syrians before they receive covert American training, aid and arms. But according to U.S. counterterrorism veterans, a system that worked pretty well during four decades of the Cold War has been no match for the linguistic, cultural, tribal and political complexities of the Middle East, especially now in Syria. “We’re completely out of our league,” one former CIA vetting expert declared on condition of anonymity, reflecting the consensus of intelligence professionals with firsthand knowledge of the Syrian situation. “To be really honest, very few people know how to vet well. It’s a very specialized skill. It’s extremely difficult to do well” in the best of circumstances, the former operative said. And in Syria it has proved impossible.

It has been more than two years since The New York Times revealed that “Mr. Obama embraced a disputed method for counting civilian casualties” of his drone strikes which “in effect counts all military-age males in a strike zone as combatants…unless there is explicit intelligence posthumously proving them innocent.” The paper noted that “this counting method may partly explain the official claims of extraordinarily low collateral deaths,” and even quoted CIA officials as deeply “troubled” by this decision: “One called it ‘guilt by association’ that has led to ‘deceptive’ estimates of civilian casualties. ‘It bothers me when they say there were seven guys, so they must all be militants. They count the corpses and they’re not really sure who they are.’” But what bothered even some intelligence officials at the agency carrying out the strikes seemed of no concern whatsoever to most major media outlets. As I documented days after the Times article, most large western media outlets continued to describe completely unknown victims of U.S. drone attacks as “militants”—even though they (a) had no idea who those victims were or what they had done and (b) were well-aware by that point that the term had been “re-defined” by the Obama administration into Alice in Wonderland-level nonsense.

A new article in The New Yorker by Steve Coll underscores how deceptive this journalistic practice is. Among other things, he notes that the U.S. government itself—let alone the media outlets calling them “militants”—often has no idea who has been killed by drone strikes in Pakistan. That’s because, in 2008, George W. Bush and his CIA chief, Gen. Michael Hayden, implemented “signature strikes,” under which “new rules allowed drone operators to fire at armed military-aged males engaged in or associated with suspicious activity even if their identities were unknown.” The Intercept previously reported that targeting decisions can even be made on the basis of nothing more than metadata analysis and tracking of SIM cards in mobile phones.

The journalist Daniel Klaidman has noted that within the CIA, they “sometimes call it crowd killing….  If you don’t have positive ID on the people you’re targeting with these drone strikes.” The tactic of drone-killing first responders and rescuers who come to the scene of drone attacks or even mourners at funerals of drone victims—used by the Obama administration and designated “terror groups” alike—are classic examples. Nobody has any real idea who the dead are, but they are nonetheless routinely called “militants” by the American government and media. As international law professor Kevin Jon Heller documented in 2012, “The vast majority of drone attacks conducted by the U.S. have been signature strikes—those that target ‘groups of men who bear certain signatures, or defining characteristics associated with terrorist activity, but whose identities aren’t known.’”

Samantha Power, the U.S. Ambassador to the United Nations, warned the American public against a kind of intervention fatigue, emphasizing that U.S. leadership is needed now more than ever amid global threats from Ebola to the Islamic State.

“I think there is too much of, ‘Oh, look, this is what intervention has wrought’ … one has to be careful about overdrawing lessons,” Power said Wednesday during the Defense One Summit.

Senate Republicans, ratcheting up their rhetoric about the threat posed by the Islamic State, on Tuesday night sank the only significant legislative attempt to rein in the National Security Agency in the nearly year and a half since  American citizens first learned they were being spied on by their own government. The procedural vote to move forward on the USA Freedom Act required 60 votes. It received 58. All but one Democrat and four libertarian-leaning Republicans voted in favor of the bill. The rest of the Republicans — including libertarian firebrand Rand Paul (R-Ky.) —  voted against, along with Florida Democrat Bill Nelson. (Here’s the rollcall of the vote.)

During a brief debate before the vote, Georgia Republican Saxby Chambliss warned that members of the Islamic State “want people to walk the streets of New York… and start killing people.”  And, displaying either a real or feigned ignorance of the extraordinary latitude the NSA will continue to enjoy when it comes to spying on international communications, he suggested that the bulk collection of domestic phone records was necessary to ferret out such plans. (Watch video of the debate.)

After the Syrian Arab Army reestablished sovereignty over Syria’s biggest industrial zone, Sheikh Najjar, near Aleppo, it started the process of rebuilding the devastated and pillaged industrial powerhouse of the Middle East. The Syrian Arab Army also regained control over a number of other key locations in Aleppo, Homs, Daraa, Quneitra, Idleb, Lattakia and Deir Ez-Zor.  Almost all of the buildings in the Middle East’s biggest industrial zone of Sheikh Najjar have been devastated, factories have been pillaged, entire production facilities have been shipped to Turkey and “rebel/terrorist-held” territories to fuel and finance the foreign-backed insurgency.

Sheikh Najjar is located northeast of the city of Aleppo which  has seen heavy fighting in and around the city since the onset of the foreign-backed insurgency in 2011. Syrian economists noted that the war has caused a forty percent contraction of Syria’s economy, that some fifty percent of the labor force is unemployed and that the country has an inflation of about fifty percent. The Syrian government has implemented economic countermeasures, with some success, is about to open a market for the export of gold to other Middle Eastern countries, and has entered into long-term economic and reconstruction agreements with, among others, China. The Sheikh Najjar industrial zone employed some 42,000 people after it was opened in 2004, only three years before core NATO member states and Israel actively began preparing for the war on Syria. It was the home of some 1,250 companies when it opened in 2004 and was built with the capacity to host about 6,000.

The recapture and revival of the Sheikh Najjar Industrial Zone is a landmark victory and progress for the Syrian Arab Army, the elected Syrian government and for all those who participate in the peaceful political discourse. However, progress in all regions of the country is significant and contradicts western media reports, and governments, some of which call for an “intervention” and the support of “moderates” to bring peace and security to the country. As the US American historian Webster G. Tarpley noted, “there is no moderate opposition in Syria other than that which is in parliament and which participates in the Syrian political discourse”.

The revelations that global and multinational businesses have been brokering “secret” tax deals with Luxembourg to avoid paying taxes in their home countries, may be the first time an entire country has been implicated in tax avoidance collusion. A cache of leaked agreements uncovered by the International Consortium of Investigative Journalism (ICIJ) appears to show that major companies have used the tiny EU state to dramatically cut their tax liabilities.

The ICIJ’s six-month investigation claims to have found household companies such as Aviva, HSBC, E-on, Tyco, Pepsi, IKEA and Deutsche Bank were among those which had taken advantage of legal tax avoidance schemes in Luxembourg. Luxembourg is routinely named as a tax haven on many of the world’s authoritative lists of tax havens, including the one compiled by me and my two co-authors, Richard Murphy and Christian Chavagneux. But Luxembourg has managed to remain “under the radar” not least because its politicians and bankers have been denying for years that it is, or ever was, a tax haven. The revelations suggest Luxembourg has been playing a double game. Luxembourg has been quick to comply with new regulations proposed by the Organisation for Economic Co-operation and Development (OECD) and the EU. In 2011, the OECD global forum on transparency and exchange of information commended Luxembourg for introducing new rules governing banking information or information protected by secrecy rules.

But at the same time, the revelations show that 340 well-known foreign companies have entered into secret agreements with the Luxembourg authorities, brokered by the accounting firm PricewaterhouseCoopers. To take a random example that applies for many of these companies, the ICIJ have a letter to the Luxembourg tax administration written on a PwC letterhead, where FedEx lays down its plan to set up a limited liability company as a tax resident in Luxembourg – so subject in principle to Luxembourg’s corporate income tax. The letter then provides details of a proposed shareholding arrangement that will ensure, I quote, that “neither that Fedex SCS nor its shareholders will be subject to corporate income tax, Municipal Business Tax and Net Wealth tax in Luxembourg”. The letter implies that Luxembourg will serve in effect as a tax haven for Fedex.

Australian Prime Minister Tony Abbott is expected to say no to Chinese President Xi about joining the new Chinese-led Asia Infrastructure Development Bank (AIIB) when he will meet Xi at the ASEAN summit in Beijing this week. Abbott’s no to joining the bank would come against the advise of Australian treasurer Joe Hockey and after intense U.S. pressure for Australia to reject the proposed participation.

The decision to reject Australia’s participation in the 21 nation regional bank was made during a session of the Australian government’s National Security Committee and was explained as a “decision made on strategic grounds”. The decision has been criticized by several of Australia’s leading experts on economy. The Asian Development Bank  (ADB) estimated in 2011 that Asia would require some US$750 per year through 2020 to meet the needs for regional infrastructure development. In 2012 the ADB merely lent US$7.5 billion reported Australia’s Treasury.

A growing number of regional governments including Thailand, Malaysia, Indonesia, Laos, Myanmar and many other are gravitating towards China as China increasingly opens up its economy and banking system for foreign businesses and investment.

And yet, Air Force One, we got a problem. High-level US financial sources assure this correspondent the trip is all about Obama shoring up the new King’s support for their financial/economic war on Russia as the House of Saud is starting to have second thoughts. The Saudi role in this war has been to come up with the oil price shock – which is hurting not only Russia but also Iran and Venezuela, among others. Besides, the US puppet theoretically in charge in Ukraine, Petro Poroshenko, has just visited Saudi Arabia. Russia is not Iran – with all due respect to Iran. If the House of Saud really believes they are talking to the head of a superpower rather than a ventriloquist’s puppet – which is Obama’s role – they are effectively doomed. Nothing Obama says means a thing. The real ‘Masters of the Universe’ who run the ‘Empire of Chaos’ want the House of Saud to do most of their dirty work against Russia; and in a later stage they will take care of the “towel heads” - as the saying goes in Washington - over their development of nuclear missiles with Pakistan. And especially because the Saudi-launched oil price war is bound to destroy the US oil industry - against US national interests.

The House of Saud has absolutely nothing to gain from this undeclared financial/economic war on Russia. The Saudis have already “lost” Yemen and Iraq. Bahrain is held by mercenary troops containing the alienation of the Shia majority. They are freaking out with the possibility of ultimate “enemy” Iran reaching a nuclear deal with His Master’s Voice. They are desperate that “Assad won’t go”. They want every Muslim Brotherhood in sight – or the vicinity – jailed or beheaded. They fear any Arab Spring-style stirrings as worse than the plague. And then there’s the fake Caliphate of ISIS/ISIL/Daesh threatening to go all the way to Mecca and Medina. The House of Saud is effectively surrounded.

Meanwhile, as the tempest approaches, all is smiles – amid a silent family bloodbath. The powerful Sudairi clan has exacted their “revenge” as King Abdullah’s corpse was still warm. King Salman, almost 80, and with Alzheimer’s about to turn him into mush, took no time to appoint his nephew Mohammed bin Naif as deputy crown prince. And just in case nepotism was not evident enough, he also appointed his son Prince Mohammed bin Salman as defense minister. Mohammed bin Naif is a Pentagon/CIA darling; the House of Saud’s head of counterterrorism.