how-our-endless-wars-are-helping-bankrupt-american-taxpayers

Brown University’s Watson Institute is out with a new report on the cost of America’s post-9/11 Middle East wars. Assuming current spending trends continue, the tab will reach $6.4 trillion through fiscal year 2020. That’s $3.4 trillion spent directly on overseas operations, about $1 trillion in Department of Homeland Security spending, almost $1 trillion in…

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iran’s-53-billion-oil-barrel-dig-may-spoil-sworn-foe-saudis’-aramco-ipo

The 53 billion barrels of crude oil reserves that Iran has revealed would comprise about 3% of the current proven reserves in the world. More oil in the world means lower prices. Saudi Aramco’s profits have been falling with declining prices. Saudi Arabia’s oil giant Saudi Aramco may be the world’s most profitable company but…

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uber-founder-cut-$400-million-deal-with-saudi-arabia-3-months-after-khashoggi-chopping

Uber co-founder’s newest startup received $400 million from Saudia Arabia’s PIF 11 months ago. PIF’s investment in Uber is over $1 billion in the red since the IPO. The report comes just over a year since the brutal murder of Jamal Khashoggi. Despite Uber’s poor showing, Saudi Arabia’s appetite for investing in U.S. startups shows…

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when-trump-finally-gets-serious-about-bringing-us.-troops-home,-yemen’s-a-good-place-to-start

This fall has been punctuated by a steady drumbeat of President Trump’s assertions that the past two decades of U.S. military intervention in the Middle East were a grave mistake that remains to be corrected. “Every once in a while, you have to change course,” Trump said in representative comments at a rally in Minneapolis…

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why-haven’t-we-heard-a-peep-from-islamic-powers-about-china-brutalizing-1-million-muslims?

Anyone observing academia from within would know that most of the research coming out of a majority of social science departments is meaningless and irrelevant. It’s a self-referential racket that squanders money on bureaucratic nonsense and on research subjects completely dissociated with normal life and policy. Had it not been so, right now there would…

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saudi-arabia-joins-softbank-in-biggest-loser-club-with-$1.1-billion-uber-loss

Uber Technologies’ (NYSE:UBER) fifth largest shareholder, the sovereign wealth fund of Saudi Arabia, has now lost over a billion dollars by investing in the ride hailing firm. Based on the most recent holdings report to the SEC, the Kingdom of Saudi Arabia’s Public Investment Fund currently owns 72,840,541 shares in Uber Technologies. PIF made the…

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sending-3,000-us.-troops-to-saudi-arabia-is-not-‘bringing-our-soldiers-back-home’

Washington is sending roughly 3,000 troops along with increased weapons aid to Saudi Arabia to counter Iran, the Pentagon announced last week. While then-Joint Chiefs Chairman Gen. Joseph Dunford said in late September it was “fair to say not thousands” of Americans would be deployed to defend Saudi Arabia, it is now clear “thousands” is…

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democrat-sen.-pat-leahy-praises-anti-semitic-cleric-just-to-spite-trump

The left has a penchant for choosing heroes based on their well-constructed anti-Trump narrative. Occasionally, however, this approach backfires, causing the left to defend and prop up individuals it should most decidedly not. This behavior is most readily apparent on the international stage, particularly since foreign policy decisionmaking based solely on opposing Trump resembles really…

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gold-price-notches-fresh-gains-as-us.-imposes-harsher-sanctions-on-iran

The price of gold rose along with the dollar on Friday after the Trump administration announced harsher sanctions on Iran over its alleged role in the attacks on Saudi oil facilities last weekend. Gold Price Holds Above $1,500 Precious metals were higher across the board on Friday, as investors reacted to the latest geopolitical developments…

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saudi-arabia-shows-attack-site-damage-as-iran-pledges-tough-defense

By Stephen Kalin and Rania El Gamal KHURAIS, Saudi Arabia (Reuters) – Saudi Arabia on Friday took media to inspect oil facilities hit by attacks that Washington and Riyadh blame on Iran, showing melted pipes and burnt equipment, as Tehran vowed wide retaliation if heightened tensions boil over into hostilities. The kingdom sees the Sept.…

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