Oil, The Petrodollar, And The Next Emerging Market Crisis

By John Rubino – Re-Blogged From Dollar Collapse

Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of the stuff. But the US dollar (aka the petrodollar) is also up, which compounds the problem because oil is priced in dollars. So Brazil, for instance, finds itself buying an appreciating necessity that’s priced in an appreciating currency:

Steep Oil and Strong Dollar Make Toxic Brew for Global Economies

‘Brutal’ rally in dollar-priced crude hammers governments, strains consumers from U.K. to Brazil.

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Ramadan in 2018, a Threat Lens Perspective

Re-Blogged From Stratfor

Key Takeaways

  • Stratfor Threat Lens anticipates an increase in the tempo and intensity of attacks during Ramadan this year, similar to that seen in 2016 and 2017.
  • A confluence of events — including but not limited to Ramadan — will exacerbate the Israeli-Palestinian conflict.
  • The United States opened its new embassy in Jerusalem May 14, coinciding with the day Palestinians commemorate their 1948 displacement from Israel.

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