Tag Archives: analyst

China can substitute US oil with Iranian crude to ‘infuriate Trump’ – analyst

Beijing’s retaliatory measures against US tariffs can include penalties on oil coming to China from America. A cut in Chinese purchases of US oil may benefit Iran’s sales. Read more “The Chinese may just replace some of the American oil with Iranian crude,” said John Driscoll, director of consultancy JTD Energy Services, as quoted by Reuters. “China isn’t intimidated by ...

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‘Trump probably setting up Kim for talks destined to fail’ – analyst

The erratic US approach towards Trump-Kim talks and the US president’s public demands of a total denuclearization may indicate that he is not interested in actual negotiation, says independent political analyst Dan Glazebrook. An eventual eye-to-eye meeting between Donald Trump and Kim Jong-un of North Korea, which would allow them to discuss the differences the two countries have and possibly ...

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Oil prices could jump to $100 regardless of Russia & Saudi Arabia – analyst

Crude oil could skyrocket to $ 100 per barrel in the near future and there is nothing the world’s biggest producers can do to change that, warns Bob Parker, strategist at Quilvest Wealth Management. Read more “I think that Saudi Arabia, the rest of OPEC and Russia have achieved their objective of clearing this industry overhang from the oil market,” ...

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Washington wants to drive wedge between Russia, China & Europe – analyst

The real goal behind recent US sanctions is to isolate Russia economically from Europe and Asia, according to an analyst interviewed by RT. “The most obvious reason for sanctions is to drive a wedge into the relationship between Russia and the European Union, between Russia and China, etc.” said TeleTradeBel analyst Mikhail Grachev. Read more According to Grachev, this time ...

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Yuan oil contracts to strengthen China's currency status to compete with US dollar – analyst

As more countries pay for oil in yuan, the standing of the Chinese currency in global finance has grown, an analyst tells RT. However, its future path won’t be completely smooth, he warns. “If people started to pay for oil in yuan, central banks would need to hold reserves in yuan, leading to a massive increase in the global demand ...

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Gold below $1,300 means golden opportunity to buy – analyst

Prices for gold have seen a major drop over the recent month, but Bill Baruch, the head of futures and commodities brokerage firm Blue Line Futures, says that’s no reason to be in a bearish mood. Gold futures for June delivery were trading at $ 1,287 per ounce at 12:04 GMT, having dropped five percent from its peak one month ...

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Former CIA analyst dragged from Haspel hearing by Capitol Police after anti-torture protest

Former CIA analyst and anti-war activist Ray McGovern was forcibly removed from the US Senate hearing where Gina Haspel, President Donald Trump’s nominee for CIA director, was answering questions about her record on torture. McGovern was dragged from the room by Capitol Police after demanding that Haspel answer questions put to her about the waterboarding of terror suspects at a ...

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Uncertainty surrounding Iran nuclear deal could send gold prices higher – analyst

Political uncertainty, especially the geopolitical risk with Iran, could send gold prices higher according to analyst Boris Schlossberg. “Gold has been going up and down in fits and starts. But, right now it is suffering the pullback because of the US dollar strength,” Schlossberg, managing director of FX strategy at BK Asset Management, told CNBC. Read more According to the ...

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Skyrocketing US debt can’t be supported by dollar printing forever, crisis may be coming – analyst

Living with ever-growing debt, which has passed $ 21 trillion, has become a trademark of the US economy. RT asked an analyst how long this can continue without serious problems for the world’s largest economy. US Treasuries and US foreign debt have long been supported by the dollar-printing machine, and this support may be ending, according to TeleTradeBel analyst Mikhail ...

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Berlin should foot bill for billions lost by German firms in Russia due to US sanctions – analyst

Politicians in Germany are not held responsible for multi-billion euro losses faced by their country’s businesses as a result of US sanctions against Russia, and that is wrong, an analyst told RT. “Why is it that only the economic sector is liable for the consequences of political decisions? If it is the political will of a state to impose sanctions, ...

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