F. William Engdahl

The American farm sector is undergoing its worst crisis since the 1980’s. Extreme snow and then unusually heavy rainfall across the Midwest farm belt this spring and summer have severely delayed or reduced crop plantings. That comes after several years of falling farm income. A US EPA…

Over the course of the past decade the United States, following decades of relative stagnation in oil production, has surprised many to become the largest oil producer in the world, exceeding Russia as well as Saudi Arabia. Latest daily production is just above 12.1 million barrels a day. In November 2018 for the first time in…

Unusual remarks and actions by the outgoing head of the Bank of England and other central banking insiders strongly suggest that there is a very ugly scenario in the works to end the role of the US dollar as world reserve currency. In the process, this would involve that the Fed deliberately triggers a dramatic economic depression…

Our planet seems to be in a growing crisis in terms of agriculture and crop production related to unusual weather shifts. Many reports in recent months use the term “extreme weather” to describe record heat across Europe this summer, record flooding in US Midwest farm states, or record drought…

Scientists using the “second generation” of genetic manipulation technology have used gene-editing to alter the DNA of breed of cattle so that they supposedly do not grow horns. At around the same time another group of scientists claim to have injected human cells into monkeys to create chimeras, as in the ancient Greek myths…

With the US decision to impose added tariffs on more than $300 billion of China trade, and the US Treasury declaring China a “currency manipulator”, global financial markets have reacted with sharp selling. The question is whether this is the beginning of a genuine currency war that will trigger a new Financial Tsunami as bad if…

Turkey’s economy has been in increasingly difficult straits for months, especially since the failed July 2016 coup attempt. The latest move by President Recep Tayyip Erdoğan to fire his central bank head and replace him with a more amenable loyalist has already resulted in the largest one-time interest rate cut in the bank’s history. Will this be enough to revive…

In recent weeks a dramatic escalation of tension around Turkish oil drilling rig presence in the disputed Exclusive Enterprise Zone surrounding EU member state Cyprus is taking place. Turkish President Recep Tayyip Erdogan is claiming that Turkey has the right to drill not only in the waters off of Northern Cyprus, but also…

Modern fractional reserve banking is ultimately a confidence game. If lenders or depositors are confident their bank is solvent, it stands. If confidence is broken, that historically leads to bank panics, deposit runs and domino collapse of a financial system or worse. The surprise collapse in late May of a small Inner-Mongolia Chinese bank…

As of beginning July 2019 prospects look positive for a re-election of Donald Trump as President in November 2020. Headline stock market and GDP figures all look positive…at the present. The huge unanswered question is whether that can be sustained until the fateful elections. We see signs already that spell potential trouble…

Sales of new cars in China, today the world’s largest automobile market, plunged a dramatic 16.4% in May, making the worst month in the history of the relatively new China auto industry. According to the China Association of Automobile Manufacturers (CAAM), the disastrous May sales came after declines of 14.6% in April and 5.2%…

Malaysian Prime Minister Mahatir Mohamad sent shock waves in a public speech where he dismissed a Dutch “official” report blaming Russia for the downing of Malaysia Air Flight 17 in July, 2014, weeks after a CIA-led coup toppled the elected President of Ukraine. Despite the downplaying in western mainstream media of the Malaysian leader’s comments, it is creating…