Nepal – the country of the Buddha and the Mt. Everest

Peace comes from within. Do not seek it without – Buddha

Posts Tagged ‘Oil’

Putin: Economic blockade of E. Ukraine a ‘big mistake’

Posted by Ram Kumar Shrestha on November 16, 2014

Russian President Vladimir Putin (RIA Novosti / Mikhail Klimentiev)

                                Russian President Vladimir Putin (RIA Novosti / Mikhail Klimentiev

READ MORE: Ukraine scraps human rights treaty for rebel areas, cuts services, freezes banks

“I don’t understand why Kiev authorities are cutting off those territories with their own hands. Well one can understand – to save money. But it’s not the time or the case to save money on,” he said.

Putin compared Kiev’s debacle with the Donetsk and Lugansk regions to Russia’s own armed conflict in the Chechen Republic that erupted several times since the early 1990s and officially ended in April 2009. But even at the worst moments, Moscow did not stop paying pensions and other social benefits to the Chechen people, he said.

“At moments that appeared to be stupid, because the people who were in control there not only embezzled that money but also could use them for obviously less-than-noble goals. But we did it due to our moral obligations to the common people. And in the end it turned out to be the right decision, as Chechens appreciated what Russia did to support the common people,” Putin said.

Russia's President Vladimir Putin attends a news conference at the end of the G20 summit in Brisbane November 16, 2014. (Reuters/Mikhail Klimentyev)

Russia’s President Vladimir Putin attends a news conference at the end of the G20 summit in Brisbane November 16, 2014. (Reuters/Mikhail Klimentyev)

Read the rest of this entry »

Posted in Global | Tagged: , , , , , , , , | Leave a Comment »

China’s Millennials: Get Rich or Save the Planet?

Posted by Ram Kumar Shrestha on August 28, 2012

One member of a rising generation wrestles with choices his parents never had to make
Getty Images

GETTY IMAGES
Hazy skies above a sprawling Shanghai due to pollution.

There is no serious doubt that the world is getting warmer and warmer, and there is no doubt either that many once-poor nations — especially ChinaIndia and Brazil — are getting richer and richer. Wealth is a very good thing, and every nation has a right to pursue it, but in the 21stcentury, that pursuit comes with a special moral burden that other industrial nations never faced.

Western Europe and the United States achieved their economic dominance on the back of a coal- and oil-powered industrial base, and when that infrastructure was just being built, policymakers had the luxury of being ignorant of the environmental consequences. The air in nineteenth century London and twentieth century Pittsburgh might have been filthy, but while that might have made people  cough a bit, it seemed to cause little other harm — especially measured against all of the good industry could do.

(PHOTOS: Beijing Tries To Clear the Air) Read the rest of this entry »

Posted in Article | Tagged: , , , , , | Leave a Comment »

World Oil Price to Double by 2022 – IMF Report

Posted by Ram Kumar Shrestha on May 15, 2012

World oil prices may double in the next decade with a disastrous effect on the global economy

World oil prices may double in the next decade with a disastrous effect on the global economy

 Related News
World oil prices may double in the next decade with a disastrous effect on the global economy according to a report commissioned by the IMF, The Telegraph reported on Tuesday .

Global oil prices are currently hovering at historically high levels of $110 per barrel but a combination of rising demand and constrained supply could have major consequences for the global economy, the paper said. Read the rest of this entry »

Posted in Global | Tagged: , , , | Leave a Comment »

Iran cuts off oil supplies to Britain, France

Posted by Ram Kumar Shrestha on February 19, 2012

Iranian President Mahmoud Ahmadinejad (C) tours the Abadan oil refinery during the inauguration of a petrol making unit in the southwestern city of Abadan on May 24, 2011 (AFP Photo / ISNA / Amir Pourmand)

Iranian President Mahmoud Ahmadinejad (C) tours the Abadan oil refinery during the inauguration of a petrol making unit in the southwestern city of Abadan on May 24, 2011 (AFP Photo / ISNA / Amir Pourmand)

The move was confirmed by the country’s Oil Ministry, with the spokesman saying that Iran will be “selling its oil to new customers”.

The decision is not expected to have a big impact, as France only bought three percent of its oil − 58,000 barrels a day − from the Islamic republic last year, and Britain buys less than 1 per cent.

But it was seen as a warning shot to other EU nations that are bigger consumers of Iranian oil, including Italy, Spain and Greece. The latter would be the most affected, should Iran go ahead with the cuts, as crisis-hit Greece gets more that 30 percent of its oil needs from the Islamic Republic. Read the rest of this entry »

Posted in Global | Tagged: , , , , , | Leave a Comment »

O. I. L.: The Case for a War Against Iran

Posted by Ram Kumar Shrestha on January 25, 2012

By Sadia Ahsanuddin

Iran is figuring prominently in the lead-up to the 2012 presidential election. In December 2011, Jon Huntsman declared that, if elected president, he would send in ground troops to keep Iran from acquiring nuclear weapons. Rick Santorum recently charged on CNN that bombing Iran would be preventing a true war from starting. Mitt Romney, Wall Street’s favorite for the Republican candidacy,announced that, “If we reelect Barack Obama, Iran will have a nuclear weapon… If you elect me as president, Iran will not have a nuclear weapon.”

Despite the contention of international intelligence agencies that Iran shows no evidence of developing nuclear weapons, proponents of an attack on Iran continue to argue that Iran is pursuing nuclear proliferation and that this act does indeed establish a pretext for war. The rhetoric is strikingly similar to arguments preceding the invasion of Iraq.

A retired CIA officer and daily briefer to President George H. W. Bush, Ray McGovern, has been protesting the misrepresentation and misapplication of intelligence information since the 2003 War on Iraq. During Tucker Carlson’s MSNBC show on May 4, 2006, McGovern articulated the basic rationale behind American foreign policy using a simple three letter word: O, for oil; I, for Israel; and L, for logistics. In the aftermath of the campaign in Iraq, it was apparent that these three considerations did indeed establish a false pretext for the invasion of Iraq. And now, when the U.S. is involved in a “debate” over Iran and the most effective ways to halt its “ambitions,” McGovern’s warnings regarding the tripartite interests of elite policymakers, at the expense of this nation and its people, ring true — yet again. It would be judicious of the American public to consider the facts and determine whether a war against Iran, allegedly in our names, is justified. Read the rest of this entry »

Posted in Article | Tagged: , , , , , , , , | Leave a Comment »

David Cameron Criticises Russia Over Links With Syria

Posted by Ram Kumar Shrestha on January 13, 2012

The Prime Minister has criticised Russia over its relationship with Syria, after a visit to Saudi Arabia to “strengthen co-operation” with the desert kingdom.

In an interview with Saudi television network Al-Arabiya, David Cameron said:

“I would urge the Russians and the Russian Government, even at this late stage, to look very carefully at why it keeps doing what it’s looking to do on Syria.

“This is appalling bloodshed, appalling murder on the streets of Syria. The whole Arab League has come together and said it’s unacceptable and others need to listen to that and act on that at the UN. Britain stands ready to do that”.

Speaking on Britain’s policy towards Syria, Cameon added:

“We stand ready as a permanent member of the UN Security Council to take a fresh resolution to that council, based on what the Arab League is doing and saying, and daring others that if they want to veto that resolution to try to explain why they are willing to stand by and watch such appalling bloodshed by someone who has turned into such an appalling dictator”.

The comments were made during talks in Riyadh with King Abdullah, designed to deepen ties with the oil-rich nation, despite criticism of British arms sales to the desert kingdom and concerns about the country’s human rights record.

The trade between Britain and Saudi Arabia is worth £16bn a year and the kingdom is Britain’s biggest trading partner in the Middle East. Read the rest of this entry »

Posted in Global | Tagged: , , , , , , , , , | Leave a Comment »

Tighter Sanctions On Iran: An Alternative to War — or a Road to War?

Posted by Ram Kumar Shrestha on December 12, 2011

By TONY KARON

A security guard patrols Marun petrochemical plant on September 28, 2011 in Mahshahr, southern Iran.

Pity President Barack Obama trying to stay off the slippery slope to war with Iran in an election year, while his challengers perform crowd-pleasing, spoken-word versions of Senator John McCain’s ”Bomb Iran” adaptation of the Beach Boys. As they demonstrated last Wednesday in a forum hosted by the Republican Jewish Coalition (RJC), GOP presidential hopefuls are free to rattle imaginary sabers at Iran (“If I were president…”) without risk or consequence, while branding Obama as feckless in the face of the grave and gathering danger of Tehran’s nuclear program.  (The somewhat less alarmist consensus of U.S. intelligence remains that Iran has not made, let alone implemented, a decision to build nuclear weapons, despite steadily accumulating the means to do so.)

Republican frontrunners Newt Gingrich and Mitt Romney committed themselves, at the RJC forum,  to policies that would effectively put the U.S. at war with Iran. Both stressed that regime-change in Tehran would be the goal of their Iran policy (now there’s an incentive for Tehran’s regime to seek a nuclear insurance policy), and both signaled a willingness to use military force to stop Iran’s nuclear program. When CNN interviewer Wolf Blitzer asked Gingrich later how he would respond to the proverbial 3 a.m. White House phone-call telling him that Israel had bombed Iranian nuclear facilities, Gingrich answered that it would never come to that, because he’d plan a joint military operation with Israel rather than put it in a position where it felt compelled to act alone. Besides, the former House Speaker said, Israel would never spring that surprise on him; they know he’s an ally and willing to help. Read the rest of this entry »

Posted in Global | Tagged: , , , , , , , , , , , , , , , , | 1 Comment »

Civilian deaths in Libya: who’s killing who?

Posted by Ram Kumar Shrestha on September 18, 2011

In Libya, where NATO-backed NTC forces are attempting to wipe out the last remaining pro-Gaddafi strongholds, civilians are still being killed but normally-vocal countries backing a UN resolution to protect them have gone strangely quiet.

British Prime Minister David Cameron and French President Nicolas Sarkozy paid a visit this week to survey their handiwork. The first heads of state to visit Tripoli since the city fell to rebel forces say their countries’ work in spearheading the NATO intervention is not yet done. Read the rest of this entry »

Posted in Global | Tagged: , , , , , , , , , , , , , , | Leave a Comment »

Gaddafi on TV as rebels claim he’s trapped

Posted by Ram Kumar Shrestha on August 25, 2011

Muammar Gaddafi has been shown on Libyan loyalist TV channel Al-Orouba shortly after a group of rebels besieging apartment buildings near his Bab Al-Aziziyah compound claimed they had him trapped inside.

For video clip here

During the broadcast Colonel Gaddafi called his supporters the “sweeping majority” and said there would be no safe place for rebels, Reuters reports.

Muammar Gaddafi has told Libyans they must “fight and destroy” the rebels in Tripoli.

The Libyan leader has also called on his supporters to march on Tripoli and “purify” the capital of rebels, whom he has called “rats, crusaders and unbelievers.”

The colonel called on all Libya’s tribes to rally and to expel “foreign agents” from the country.

“Libya is for the Libyan people and not for the agents, not for imperialism, not for France, not for Sarkozy, not for Italy,”he said. “Tripoli is for you, not for those who rely on NATO.”

Gaddafi’s spokesman, Moussa Ibrahim, has declared that the colonel is still in Libya and is leading the fight against the rebels. Gaddafi is safe, healthy and his morale is high, Ibrahim added.

Meanwhile, a group of rebels who are exchanging fire with loyalists inside apartment buildings near Muammar Gaddafi’s Bab Al-Aziziyah compound say they believe Muammar Gaddafi is also there and that they have him surrounded, Reuters reports.

The rebels did not explain why they believe Gaddafi is inside one of those apartment buildings, but they say the colonel may be holed up in the buildings with some of his sons.  Read the rest of this entry »

Posted in Global | Tagged: , , , , , , , , , , , | Leave a Comment »

Gulf Oil Spill: Cleaning Wetlands May Be Impossible, Scientists Say

Posted by Ram Kumar Shrestha on May 24, 2010

NEW ORLEANS — The gooey oil washing into the maze of marshes along the Gulf Coast could prove impossible to remove, leaving a toxic stew lethal to fish and wildlife, government officials and independent scientists said.

Officials are considering some drastic and risky solutions: They could set the wetlands on fire or flood areas in hopes of floating out the oil.

They warn an aggressive cleanup could ruin the marshes and do more harm than good. The only viable option for many impacted areas is to do nothing and let nature break down the spill.

More than 50 miles of Louisiana’s delicate shoreline already have been soiled by the massive slick unleashed after the Deepwater Horizon rig burned and sank last month. Officials fear oil eventually could invade wetlands and beaches from Texas to Florida. Louisiana is expected to be hit hardest. Read the rest of this entry »

Posted in International | Tagged: , , , , , , , , , , | Leave a Comment »

 
%d bloggers like this: