As the ‘axis of evil’ needs cash to fund wars, oil supply goes up and oil prices go down bringing Brent oil price to below $75 a barrel
- Australia faces an uphill battle to gain rare minerals market against China’s dominance and low EPA restrictions, labor costs and refining technology
- Manila debunks media reports that Beijing seized Sandy Cay 2 near Pag-asa (Thitu) Island.
- Canadian prosecutors have charged a 30-year-old Vancouver resident with murder for killing at least 11 after ramming an SUV during a Filipino community festival
- Europe’s ceasefire proposal reportedly includes US security guarantees and no recognition of Crimea
- Iran’s Shahid Rajaei Port still ablaze on day 3 after massive explosions. Suspected chemical blast linked to inappropriate missile fuel storage.