Guyana to become petrostate, increasing rates of bankruptcies among US farmers, growing reach and power of Islamic State in West Africa, and a new study suggests human-induced global cooling in the 16th century,
Here are the top newsworthy items from this past week as shared on our Facebook page.
The following article is a joint publication from Aris Marousas and Yichen Wang.
***The below video does not represent the views and values of The Motley Experience***
Aris: Recently, I came across the above video and decided to forward it to some friends. I did this not because I believed or agreed with the points being raised, but because of how they were presented.
Egypt is on the brink of civil war and the military must move quickly to establish national reconciliation among all Egyptians.
Mohamed Morsi was democratically-elected as president by a majority of the people, and must be allowed to go free to begin the process of reconciliation. While terrorism and extremism should not be allowed, the Islamic perspective should be represented in Egypt’s government.
After a three-year hiatus in Mideast talks, Secretary of State John Kerry invited Israeli and Palestinian negotiators to Washington, D.C. to set up a plan for future negotiations. While there’s plenty of hope, no breakthrough is expected anytime soon.
First of all, such a complex problem with security; territory; refugees; and geostrategic interests at stake probably cannot be resolved with just one diplomatic push. A consistent multi-year effort is needed.
The price of gasoline has reached $4 per gallon again in some U.S. cities, hurting consumers and businesses, especially those who are poor and middle class. High prices are containing the U.S. and world economy.
Before the onset of the war in Iraq, oil was $25/barrel, higher than normal, because of the strong economy up until 2000, and then September 11.
Not only was the Iraq War long and bloody, but speculators found opportunities to invest in petroleum due to the declining value of the U.S. Dollar; occasional outbursts of terrorism globally; or, even a hurricane.