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Why Would the Saudis Deliberately Crash the Oil Markets?

On January 2, 1977, the Shah of Iran made a painful admission about his country’s economy. “We’re broke,” he confided bluntly to his closest aide, court minister Asadollah Alam, in a private meeting. Alam predicted still more dangers to come: “We have squandered every cent we had only to find oursel ... Continue reading »

Communist Dictator Nicole Ceausescu’s Paykan from the Shah of Iran Is on Sale

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More pics here.   With a starting price of EUR 4,000 ($4,934) the car was part of Nicolae Ceausescu’s personal collection and comes with a millage of only 2,000 km (1,200 miles). It's equipped with a 1.5-liter, 54 horsepower engine, that is capable of taking this piece of history to a maximum speed ... Continue reading »

The perfect response to people who say all Muslims are violent, in one tweet

Comedian and HBO talk show host Bill Maher sparked a major debate last week over Islam, arguing that the Islamic State of Iraq and Syria (ISIS) are actually not extremist outliers but represent the inherent violence and intolerance of Islam itself, and by extension its 1.6 billion followers. This is ... Continue reading »

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