by drjmcurtis | Sep 18, 2019
Federal Reserve Board Chairman Jerome Powell cut the federal funds rate 25 basis points today, leaving the benchmark rate at 2.00%. Markets hoped that Powell would slash rates 50 basis points but, in the end, Powell couldn’t justify anything more than a...
by drjmcurtis | Sep 17, 2019
When Saudi Arabia’s Abaqiq oil refinery was hit by a predator drone and Cruise missiles Sept. 14, wiping out 5% of the world’s refined oil capacity, Iran denied any involvement. With the war raging in Yemen since 2015, it’s easy to blame Yemen’s Houthi rebels for past...
by drjmcurtis | Sep 16, 2019
When the New York Times published its recent story about past sexual exploits of Supreme Court Associate Justice Brett Kavanaugh, Democrats once again rushed to judgment. Kavanaugh’s main accuser Dr. Christine Blasey-Ford insisted Kavanaugh tried to rape her at a...
by drjmcurtis | Sep 15, 2019
Responding to Iran’s threats of “all-out war” with the United States, 73-year-old President Donald Trump said the Pentagon was “locked-and-loaded,” after Iran’s Houthi rebels hit Saudi Arabia’s main petroleum refinery yesterday with a predator drone attack. When...
by drjmcurtis | Sep 14, 2019
Iran’s Houthi rebels attacked two of Saudi Arabia’s largest oil refineries, setting them ablaze, leaving world oil supplies in doubt when markets open Monday, Sept. 16. Iran’s role in funding-and-arming Yemen’s Houthis in a proxy war against Saudi Arabia has been...
by drjmcurtis | Sep 13, 2019
When the U.N. General Assembly opens Sept. 17, 73-year-old President Donald Trump offered to talk to Iran about U.S. sanctions, after Trump backed the U.S. out of the July 15, 2015 Joint Comprehensive Plan of Action [JCPOA]. Also known as the Iranian Nuke Deal, the...
by drjmcurtis | Sep 12, 2019
When the 10 highest polling Democrat candidates take the stage tonight in Houston for the third debate, voters will get a chance to see former Vice President Joe Biden (D-Del.) and Sen. Elizabeth Warren (D-Mass) at the same time. While Biden remains the front-runner...
by drjmcurtis | Sep 11, 2019
Released today on the 18th anniversary of Sept. 11, Osama bin Laden’s 68-year-old former Egyptian doctor now head of al-Qaeda Ayman al-Zawahri urged jihadists to attack U.S., Israeli, European and Russian targets. Zawahri inherited al-Qaeda, the global terror group...
by drjmcurtis | Sep 10, 2019
Resigning today as National Security Adviser, 70-yeard John R. Bolton, finished his tumultuous term, started April 8, 2018 when he replaced 73-year-old President Donald Trump’s former National Security Adviser H.R. McMaster. While replacing McMaster with Bolton over...
by drjmcurtis | Sep 9, 2019
Asking the European Union for $16 billion in cash or loan guarantees for petroleum sales, Iran threatened to ramp up uranium enrichment if it doesn’t get its demand. When 73-year-old President Donald Trump withdrew the U.S. from former President Barack Obama’s July...