Articles / Opinion Editorials archives

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Jan 15, 2015 0 Comments

Despite horrors of Paris, Obama continues to free terror suspects from Guantanamo Articles / Opinion Editorials, Publications

Authors: J.D. GORDON

While 40 world leaders marched in Paris to show solidarity against terrorist attacks, Obama not only skipped the event, he remains determined to free as many Al Qaeda, Taliban and affiliated jihadists from Guantanamo as possible.

Just this week he released five Yemenis, four to Oman and one to Estonia, despite their front-line service against U.S. and coalition forces in Afghanistan and Pakistan. At least one is suspected of serving as a bodyguard to Usama bin Laden…. Continue Reading »

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Jan 14, 2015 0 Comments

As Venezuela sinks, Ecuador rises as chief anti-Yankee antagonist Articles / Opinion Editorials, Publications

Authors: J.D. GORDON

While Venezuela sinks as the oil market bottoms out, infrastructure crumbles, food shortages abound, the murder rate soars and civil unrest simmers, Ecuador is quietly rising to lead the charge against U.S. interests in Latin America.

It’s no secret that Nicolas Maduro, the track suit-wearing, former bus driver and Hugo Chavez protégé is failing to fill El Comandante’s shoes since he died of cancer in 2013.

Complicating his grip on Caracas, according to Citi Research, Venezuela needs oil at least $151 a barrel to balance their budget. Unless oil prices dramatically rebound, his regime won’t last much longer…. Continue Reading »

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Jan 8, 2015 0 Comments

Dropping Oil Prices Reveal Failed Economic Policies in Latin America Articles / Opinion Editorials, Publications

Authors: FERNANDO MENÉNDEZ

As the global price of oil drops, the effects of this phenomenon are unveiling the failure of Latin America’s populist governments to generate sustainable prosperity while depending on oil-for-loans schemes, mainly with China.

In the last few months, the price of Brent crude oil has declined from a high of over $140 per barrel to under $60 a barrel as of the latest date. The reasons for the decline are manifold, but two stand out for many analysts. First, a technological revolution in energy extraction, known as “fracking” has substantially increased the supply of petroleum and natural gas in the U.S., making it less dependent on foreign sources of oil. Second, Saudi Arabia and other Gulf state producers have increased output in an attempt to drive out marginal producers, whose cost of production are highest. For instance, the on-shore unit cost of production in Saudi Arabia averages $18 while U.S. costs’ average $34 a barrel…. Continue Reading »