European Tribune

European Salon de News, Discussion et Klatsch - 21. August

by Fran
Wed Aug 20th, 2008 at 04:12:09 PM EST

On this date in history:

1872 - Aubrey Beardsley, an influential English illustrator, and author, best known for his erotic illustrations, was born.(d. 1898)

More here and here


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EUROPE

When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 04:12:58 PM EST
BBC NEWS | Europe | Many dead in Madrid plane crash

More than 140 people are feared dead after a passenger plane swerved off the runway at Madrid's Barajas airport.

A spokesman for the Spanish emergency services, Herbigio Corral, said only 28 people survived the crash.

The Spanair flight had just taken off for the Canary Islands at about 1420 local time with 172 people on board. It is thought the left engine caught fire.

Helicopters were called in to dump water onto the plane. More than 70 ambulances were seen leaving the scene.



When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 04:49:26 PM EST
[ Parent ]
When a plane crashes on takeoff with a full fuel load, it's a blessing anybody survives, let alone 28. My thoughts are both with them and the bereaved.

But the stories of the couple who missed check-in by three minutes, or the woman whose children completely missed that flight are ways to salvage solace from the horror.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Thu Aug 21st, 2008 at 07:03:15 AM EST
[ Parent ]
El Pais (in Spanish): Spanair defends the takeoff of their crashed plane. About 100 bodies remain unidentified.

The captain aborted a previous takeoff attempt due to "excessive heating of an engine air intake" and the decision was taken to take off after consulting with the maintenance ground staff.

Spanair was finalising a plan to get rid of the older planes in their fleet, including some MD82s, but it is unclear whether the crashed plane (15 years old, 9 with Spanair) was going to be retired.

There are two young children with relatively light injuries, and a third one seriously injured. Of the 20 survivors one died yesterday and four remain in "very serious" condition.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 09:21:18 AM EST
[ Parent ]
Some updates are available...

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Aug 22nd, 2008 at 03:19:51 PM EST
[ Parent ]
MI5 report challenges views on terrorism in Britain | UK news | guardian.co.uk

MI5 has concluded that there is no easy way to identify those who become involved in terrorism in Britain, according to a classified internal research document on radicalisation seen by the Guardian.

The sophisticated analysis, based on hundreds of case studies by the security service, says there is no single pathway to violent extremism.

It concludes that it is not possible to draw up a typical profile of the "British terrorist" as most are "demographically unremarkable" and simply reflect the communities in which they live.

The "restricted" MI5 report takes apart many of the common stereotypes about those involved in British terrorism.

They are mostly British nationals, not illegal immigrants and, far from being Islamist fundamentalists, most are religious novices. Nor, the analysis says, are they "mad and bad".

Those over 30 are just as likely to have a wife and children as to be loners with no ties, the research shows.



When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 05:14:04 PM EST
[ Parent ]
And does it, perchance, have anything to say about the efficacy of torture on preventing radical thoughts ?? Does it gaily trip its toes down the idea that maybe bombing populations indiscriminately isn't a good way to defeat the idea that "all muslims are expendable".

And more importantly, will it prevent a Daily-Mail-appeasing political class from passing stupid and counter-productive laws or pursuing military foreign policies that only make things worse ?

I don't know but I'm guessing "no" right now.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Thu Aug 21st, 2008 at 07:07:57 AM EST
[ Parent ]
Germany Moves to Protect Companies From Foreign Takeovers | Business | Deutsche Welle | 20.08.2008
German Chancellor Angela Merkel's ruling coalition has unveiled new far-reaching rules to head off powerful foreign-owned state-controlled funds going on a shopping spree for companies in Europe's biggest economy.

Of particular concern to Merkel's conservative Christian Democrat-led coalition is the threat posed to key German industries, such as telecoms, banks and energy sectors, by cash-rich state funds from Russia, the Middle East and China, so-called sovereign wealth funds.

 

The proposals, which were unveiled on Wednesday, Aug. 20, and still need parliamentary approval, will mean moves from non-European Union controlled investment groups or companies to buy a stake of 25 percent or more in strategic parts of German industry can in future be blocked.



When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 05:19:32 PM EST
[ Parent ]
Not transfering so much money to other states for resources / cheap stuff might be a better idea, though.
by nanne (zwaerdenmaecker@gmail.com) on Wed Aug 20th, 2008 at 06:28:47 PM EST
[ Parent ]
The free movement of capital is destroying Capitalism.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 05:35:45 AM EST
[ Parent ]

Gas leak raises UK energy price worries

StatoilHydro, Norway's national oil company, said it had discovered a leak in the pipeline bringing gas onshore from the Kvitebjorn offshore field, and that the pipe would have to remain closed for repairs, possibly until the spring of next year.

StatoilHydro said it was "hoping" to repair the pipeline sooner, but spring 2009 was the only target date it could offer.

The fields affected were expected to produce about 7.4bn cubic metres of gas this year, which would have been available for sale in Britain and continental Europe. The UK is expected to use about 90bn cubic metres of gas this year.

Patrick Heren of ICIS Heren, a consultancy, said: "Relative to peak UK supply, the amount of gas affected is a relatively small proportion. But at the margin, when supply is tight over the winter, if you take a small amount out of the market that is going to have a severe effect on prices."

Following the announcement, the futures market price of gas for the coming winter jumped 15 per cent, from 90.75p per therm to 104p, close to the record hit in June.

The wholesale price of electricity, which is strongly influenced by the cost of gas because of its use in power generation, also rose sharply, with baseload power for the first quarter of 2009 rising about 9 per cent, according to Spectron, an energy marketplace.



In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (jeromeguillet@yahoo.fr) on Wed Aug 20th, 2008 at 06:49:06 PM EST
[ Parent ]
Oh good, the dash for gas was such a fabulous idea. I'm sure certain politicians got marvellous and lucrative directorships from encouraging it and other la-di-dahs got wonderful bonuses.

The Great British public ?? Well, we got screwed, but since when have the elites given a damn about the public ?

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Thu Aug 21st, 2008 at 07:11:42 AM EST
[ Parent ]
TECHNOLOGY REVIEW Published by MIT September/October 2008
First Tidal Power Generator
This summer, the first commercial electrical generator to draw power from the ocean tide began supplying Northern Ireland with energy. Installed in an inlet near Belfast, the generator works much like a wind turbine, with massive blades turned by the tide's current. The angle at which the blades meet the current can be changed: rotating the blade face 180º lets the turbine catch the tide in both directions, while smaller rotations lessen the force exerted on the turbine, preventing damage.

Credit: Marine Current Turbines
Product: SeaGen

Cost: 30 to 40 cents per kilowatt-hour; a planned installation with seven turbines will lower that cost to about 20 cents per kilowatt-hour

Source: www.seageneration.co.uk

Company: Marine Current Turbines

Picture at link

If sanity be culturally normative, then by the norms of this culture I claim insanity.

by ARGeezer (argeezer a in a circle yahoo dot com) on Wed Aug 20th, 2008 at 07:41:10 PM EST
[ Parent ]
'What Are the Aims of this War?': French Opposition Demands Rethink of Afghanistan Mission - International - SPIEGEL ONLINE - News

The death of 10 French soldiers has shocked France. The Socialists are demanding a debate about the Afghanistan mission, but President Sarkozy has defended the Hindu Kush deployment as his party lashed out at the opposition for attempting to politicize a national tragedy.

 France's President Nicolas Sarkozy speaks with French soldiers at Camp Warehouse in Kabul on Wednesday. With news sinking in on Wednesday that France suffered its biggest military loss of life in 25 years, the political opposition in Paris is demanding a rethink of the country's mission in Afghanistan.

French President Nicolas Sarkozy rushed to Afghanistan and visited his country's troops on Wednesday morning in a show of support after 10 of their comrades were killed and 21 injured during an ambush on Monday and in fierce fighting that continued into Tuesday. France has about 2,600 soldiers stationed in Afghanistan, and Sarkozy said they must remain there.

"France is resolved to pursue the fight against terrorism, for democracy and liberty," Sarkozy said. "I don't have any doubt about that. We have to be here."

by Fran (fran at eurotrib dot com) on Thu Aug 21st, 2008 at 01:13:59 AM EST
[ Parent ]
The Guardian has begun to question the Afghan war quite strongly. Given how weak and unquestioning it has been on foreign policy in the last few years, this is an interesting development. But it's no use unless they take the critiques further and no sign of that yet.

Guardian - Seamus Milne - The Afghan fire looks set to spread, but there is a way out

Far from being a noble cause, the occupation of Afghanistan is poisoning the region and will never bring peace or security

The original aims of the invasion, it will be recalled, were the capture or killing of Osama bin Laden and the Taliban leader, Mullah Omar, and the destruction of al-Qaida in the aftermath of 9/11. None of those aims has been achieved. Instead, the US and its friends brought back to power an alliance of brutal and corrupt warlords, gave them new identities as democrats with phoney elections, and drove the Taliban and al-Qaida leaderships over the border into Pakistan.

Far from reducing the threat of terrorism, this crucible of the war on terror has simply spread it around the region, bringing forth an increasingly potent campaign of resistance and giving a new lease of life to a revamped Taliban as a champion of Pashtun nationalism. And as mission creep has detached the Afghan war from its original declared target of al-Qaida - let alone the claims made about women's rights, which have been going into grim reverse again in much of the country under Nato tutelage - it has morphed into the kind of war of "civilisation" evoked by Sarkozy and Browne, a certain recipe for conflict without end. No wonder British politicians have talked about digging in for decades.
[...]

Afghanistan was supposed to be a demonstration of Nato's expanded horizons in the post-Soviet new world order. Instead, as with Nato's disastrous engagement with Georgia, it has underscored the dangers of giving the cold war alliance a new imperial brief. The growing conflict must also be added to the litany of US foreign policy failures that have been overseen by George Bush - from Iraq, Iran, Palestine and Lebanon to Latin America and now the Caucasus - and the evident necessity of a new direction.

Earlier this week Simon Jenkins even questioned NATO

Guardian - Simon Jenkins - In Europe, as in Asia, Nato leaves a trail of catastrophe

Nato is useless. It has failed to bring stability to Afghanistan, as it failed to bring it to Serbia. It just breaks crockery. Nato has proved a rotten fighting force, which in Kabul is on the brink of being sidelined by exasperated Americans. Nor is it any better at diplomacy: witness its hamfisted handling of east Europe. As the custodian of the west's postwar resistance to the Soviet Union's nuclear threat it served a purpose. Now it has become a diplomats' Olympics, irrelevant but with bursts of extravagant self-importance.


keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Aug 21st, 2008 at 07:24:36 AM EST
[ Parent ]
WORLD

When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 04:13:24 PM EST
Sarkozy determined, tough on Afghan war - UPI.com
WASHINGTON, Aug. 20 (UPI) -- French President Nicholas Sarkozy took a leaf out of Margaret Thatcher's guidelines on leadership Wednesday with his surprise visit to Afghanistan following the deaths of 10 French troops in a mountain battle east of Kabul.

It was the largest loss of life for the French armed forces from hostile action in a quarter-century since the dark day when 58 French paratroopers were killed in their sleep in a terrorist attack outside Beirut on Oct. 23, 1983, on the same night that a parallel attack killed 241 U.S. Marines sleeping in their barracks.

Sarkozy's response echoed that of British Prime Minister Thatcher after 18 British soldiers were killed by an Irish Republican Army bomb booby-trap at Warrenpoint, County Down, in Northern Ireland in 1979. Thatcher flew at once to the devastated units to show her personal identification with them.



When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 04:18:48 PM EST
[ Parent ]
Sarkozy determined, tough on Afghan war - UPI.com
Sarkozy's visit to France sends the message that his radically innovative foreign policy is aligned with the United States broadly but not simply following along behind. Sarkozy is also showing he will not hesitate to take the initiative and act boldly.

You know, being boozed up is alright for commenting on some blog, but you really should avoid writing news reports.

The Globalist | Biography of Martin Sieff

Martin Sieff has served as UPI's Managing Editor of International Affairs since 2000.

Prior to joining UPI, Mr. Sieff covered the collapse of communism as Soviet affairs correspondent for The Washington Times. From 1994-1999, he served as the paper's State Department bureau chief.


Didn't know the UPI was owned by the moonies. You learn something new every day. Do we need a Rev. Moon alert?
by nanne (zwaerdenmaecker@gmail.com) on Wed Aug 20th, 2008 at 06:41:39 PM EST
[ Parent ]
Sarkozy's visit to France..

A radical step. His Napoleonic bellicosity is becoming embarrassing. Reminds me of Gen Patton, who was nicknamed "Blood and guts", or as his soldiers commented "His guts and our blood". Any fool can be brave with other people's lives, but soldiers aren't there just for your ego, they have a geo-political clout that only the truly stupid expend uselessly.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Thu Aug 21st, 2008 at 07:29:50 AM EST
[ Parent ]
Gen Patton, who was nicknamed "Blood and guts", or as his soldiers commented "His guts and our blood"

Reminds me of the famous shell-shocked soldier scene from the bio-pic.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 07:33:48 AM EST
[ Parent ]
Do we need a Rev. Moon alert?

yes

Peace is not the absence of war -- peace is the absence of fear. Ursula Franklin

by melo (melometa4(at)gmail.com) on Thu Aug 21st, 2008 at 03:32:49 PM EST
[ Parent ]
VOA News - Bush Warnes Russia: Breakaway South Ossetia, Abkhazia Are Part of Georgia
U.S. President George Bush is again warning Russia that it must not lay claim to the breakaway Georgian republics of South Ossetia and Abkhazia. VOA White House correspondent Scott Stearns reports, the Bush administration says Russian troops are beginning to withdraw from Georgia but not fast enough.

For nearly two weeks, President Bush says the world has watched a young democracy in Georgia under siege following a Russian invasion that he says was a disproportionate response to a long-simmering conflict in the breakaway republics of South Ossetia and Abkhazia.

Mr. Bush told a convention of American military veterans meeting in Florida that those republics are part of Georgia's internationally-recognized borders.

"The United States of America will continue to support Georgia's democracy. Our military will continue to provide needed humanitarian aid to the Georgian people. South Ossetia and Abkhazia are part of Georgia, and the United States will work with our allies to ensure Georgia's independence and territorial integrity," he said.



When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 04:22:24 PM EST
[ Parent ]
AFP.com | Agence France-Presse, a global news agency

MOSCOW (AFP) - Moscow moved closer Wednesday to recognising the independence of Georgian separatist regions, escalating a bruising international row over Russia's assault on the ex-Soviet republic.

Russia also fired off a blistering response to a US-Poland missile defence deal signed earlier, saying it would push Europe into a new arms race and was proof of a US drive to alter the strategic balance in Washington's favour.

In Abkhazia, a strategically placed Black Sea province of Georgia, the separatist parliament and president issued an appeal asking Russia to recognise their independence, an AFP correspondent said.

The leader of South Ossetia, Eduard Kokoity, told Interfax news agency that his separatist region would also issue a similar appeal soon. Both rebel regions announced plans for pro-independence demonstrations on Thursday.



When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 04:51:08 PM EST
[ Parent ]
Doesn't anybody tell Goerge anything ?? S. Ossetia & Abkhazia are gone, gone, gone and Kosovo, which he insisited upon, was the reason, the cause and the precedent.

blowback's a bitch, ain't it ?

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Thu Aug 21st, 2008 at 07:33:27 AM EST
[ Parent ]
BBC NEWS | Africa | Suicide bombs shatter Algerian calm

Two devastating suicide bomb attacks in as many days have raised fresh doubts this week about Algeria's ability to deal with a re-branded Islamist insurgency.

The attacks are the latest in a series of car bombings that have halted a slow return towards normality in the North African country.

They expose the failure of a two-pronged policy combining military crackdowns with offers of amnesty to rebel militants, observers say.

The attacks shattered the relative calm that held in Algeria during the first six months of this year.



When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 04:24:15 PM EST
[ Parent ]
US/PAKISTAN: Mystery Behind Aafia Siddiqi's 'Arrest' Deepens
KARACHI, Aug 20 (IPS) - `'For you it's just another story. If you want the truth go to Ghazni where you will get more than I can ever tell you about my sister," said a distraught Fouzia Siddiqi, speaking with IPS, in a voice breaking with helpless desperation.

Fouzia's younger sister, Aafia Siddiqi, 35, made headlines after the Federal Bureau of Investigation (FBI) announced, on Aug. 4, her "arrest" for attempting to "murder and assault" United States' officers and employees outside the governor's office in Ghazni, Afghanistan, on Jul. 17. No soldiers were reported injured in the incident but Aafia received bullet injuries.

Aafia, a neuroscientist, has since been lodged in a Manhattan jail and the preliminary hearing of her case set for Sep. 3. According to charges framed against her in a New York court, she was, at the time of her arrest, found carrying documents describing how to make explosives and chemical, biological and radiological weapons. She, allegedly, also had a list of landmarks in the U.S. and `'chemical substances'' in sealed containers.

Aafia's resurfacing in Ghazni, five years after her disappearance in the southern port city of Karachi, has shaken the nation. The whereabouts of her three children, who were with her at the time she was kidnapped, remain unclear.


When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 04:54:12 PM EST
[ Parent ]
Fear of new Mid East 'Cold War' as Syria strengthens military alliance with Russia - Times Online

Syria sought to revive its security alliance with Russia today, when President Bashar al-Assad arrived in Moscow to clinch a series of military agreements, raising fears that the new Cold War that has erupted in the Caucasus will spill over into the Middle East.

"Our position is that we are ready to co-operate with Russia in any project that can strengthen its security," the Syrian leader told Russian newspapers at the start of his two-day trip. "I think Russia really has to think of the response it will make when it finds itself closed in a circle."

Mr al-Assad said that he would be discussing the deployment of Russian missiles on Syrian territory, possibly the Iskander system. Syrians is also interested in buying Russian anti-aircraft and tanks missiles.

In return, Moscow is expected to propose a revival of its Cold War era naval base at the Syrian port of Tartus on the Mediterranean. Some Russian reports even suggest that Moscow is deepening the port it to accommodate a fleet of warships. Russia may have similar ambitions for Latakia. Either port would give the Russian Navy its foothold in the Mediterranean for two decades.

[Murdoch Alert]

When locusts move on, they leave nothing behind

by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 05:07:11 PM EST
[ Parent ]

Fannie and Freddie crisis deepens

The US Treasury on Wednesday backed away from assurances that it would not have to rescue Fannie Mae and Freddie Mac, as the crisis surrounding the mortgage groups deepened with their shares falling for a third day.

Although it was granted new powers to extend its credit lines to Fannie and Freddie and invest in their equity last month, the Treasury has been adamant it does not expect to have to make use of the new authority.

But on Wednesday, a Treasury spokeswoman declined to repeat that assurance. Instead, she said Treasury was "vigilantly" monitoring market developments and was "focused on efforts that will encourage market stability, mortgage availability and protecting the taxpayer".

(...)

Fannie and Freddie shares have fallen 32.49 and 37.09 per cent respectively since Monday, as investors have grown concerned about a government intervention that would dilute shareholders and could affect holders of the groups' preferred stock and subordinated debt issues.



In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (jeromeguillet@yahoo.fr) on Wed Aug 20th, 2008 at 06:53:13 PM EST
[ Parent ]

ICBC set for world record profit

Industrial and Commercial Bank of China is expected to report the biggest profit of any bank in the world when it releases its interim report in Beijing on Thursday.

ICBC, already the largest bank in the world by market capitalisation, has indicated that its first-half net profit grew by more than 50 per cent, from Rmb41bn ($6bn) in the same period last year. But analysts and Chinese bankers estimate profits are likely to have grown by more than 60 per cent to about Rmb67bn ($9.7bn) .

Most of China's state-dominated banking sector has been left virtually unscathed by the global credit crisis because of limited exposure to overseas markets and the absence of sophisticated credit instruments that have caused problems elsewhere.

Meanwhile, the global turmoil has hammered its big western competitors, most of which reported profit falls or losses in the first half. HSBC, which reported the largest profits of any bank last year, recently said first-half net profit fell 29 per cent to $7.72bn from a year earlier.

(ironically, of course, HSBC is the "Hong-Kong and Shanghai Banking Corp.)

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (jeromeguillet@yahoo.fr) on Wed Aug 20th, 2008 at 06:59:53 PM EST
[ Parent ]
FT.com / Companies / Financial services - Lehman's secret talks to sell 50% stake stall
Lehman Brothers, the beleaguered US investment bank, held secret talks to sell up to 50 per cent of its shares to South Korean or Chinese parties in the first week of August but failed to reach agreement with either.

The South Koreans and Chinese walked away after concluding that Lehman was asking too high a price, said New York-based people familiar with the potential buyers. Lehman declined to comment.

The talks reflect the growing pressure on Dick Fuld, Lehman's chief executive, to raise capital ahead of the mid-September earnings report, which, analysts said, could include more writedowns of $4bn (£2bn), bringing the total so far to $12bn. Lehman shares have fallen nearly 85 per cent since early 2007 and its market value is now about $9.5bn.

In addition to selling a stake in itself, Lehman is considering selling all or part of its holdings, including its troubled $40bn commercial real estate portfolio and its asset management arm, which includes Neuberger Berman. Analysts said the asset management arm was the crown jewel that could be worth up to $10bn.

In the first week of August, Lehman held parallel talks with the government-owned Korea Development Bank and China's Citic Securities at its headquarters in New York's Times Square area.

The South Koreans discussed a two-step process under which KDB would buy a 25 per cent stake directly from Lehman and another 25 per cent of the shares though a market tender.



"Ne te courbe que pour aimer..." René Char
by Melanchthon on Wed Aug 20th, 2008 at 07:51:01 PM EST
[ Parent ]
   
US falters on NATO's failure - Asia Times Online :: Central Asian News and current affairs, Russia, Afghanistan, Uzbekistan
United States Secretary of State Condoleezza Rice is supposedly a specialist on Russia, yet one would not know that by looking at her triumphal statement that the North Atlantic Treaty Organization (NATO) will defeat Russian aims in Georgia.

Rice proclaimed boldly that Russia "is becoming more and more the outlaw in this conflict", referring to the Russian offensive into Georgia following Georgia's attack on the rebel region of South Ossetia. "They intend and probably still do intend to strangle Georgia and its economy," Rice said in reference to the Russian forces that remain in Georgia.

However, at an emergency summit of NATO's foreign ministers in Brussels, European countries agreed to suspend formal contacts with Moscow until its troops pulled out, but refused to bow to American pressure for more severe penalties. NATO is "considering seriously the implications of Russia's actions for the NATO-Russia relationship", said a statement of the 26-member alliance.

The fact is, Russia has finally drawn a line in the sand and, for all practical purposes, the buck stops in the South Caucasus. Short of destabilizing Europe, there is practically nothing the US can do about it, except fire more verbal volleys, as Rice has been doing relentlessly since the outbreak of Russia-Georgia hostilities on August 7-8. And even the rhetoric has fallen on deaf ears in Moscow,
by Fran (fran at eurotrib dot com) on Thu Aug 21st, 2008 at 01:19:46 AM EST
[ Parent ]
She could stamp her feet. I hear that works.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Aug 21st, 2008 at 07:42:31 AM EST
[ Parent ]
Venezuela seizes control of foreign cement companies - International Herald Tribune

PERTILGETE, Venezuela: Venezuela seized control of foreign-owned cement plants Tuesday in a show of strength as President Hugo Chávez moves forward with a plan to extend socialist policies throughout the country.

To the cheers of workers gathered at the gates, the government took over the installations belonging to the Mexican cement company Cemex at midnight after the two sides failed to reach an agreement in negotiations over the nationalization of the cement industry.

As part of the takeover of cement plants, Venezuela struck deals to buy majority stakes in the local operations of the European cement makers Holcim and Lafarge, following a pattern of compensating the targets of government takeovers.

The government said it paid $552 million for an 85 percent stake in Holcim of Switzerland and $267 million for 89 percent of the shares in Lafarge of France. But Venezuela said Cemex was asking for too much.

by Fran (fran at eurotrib dot com) on Thu Aug 21st, 2008 at 01:26:23 AM EST
[ Parent ]
http://eldib.wordpress.com/2008/08/13/the-puppet-masters-behind-georgia-president-saakashvili/

The Puppet Masters Behind
Georgia President Saakashvili

The famous `Rose Revolution of November 2003 that forced the ageing Edouard Shevardnadze from power and swept the then 36 year old US university graduate into power was run and financed by the US State Department, the Soros Foundations, and agencies tied to the Pentagon and US intelligence community.

Saakashvili was brought to power in a US-engineered coup run on the ground by US-funded NGO's, in an application of a new method of US destabilization of regimes it considered hostile to its foreign policy agenda.

The NGOs were coordinated by the US Ambassador to Georgia, Richard Miles, who had just arrived in Tbilisi fresh from success in orchestrating the CIA-backed toppling of Slobodan Milosevic in Belgrade, using the same NGOs. Miles, who is believed to be an undercover intelligence specialist, supervised the Saakashvili coup.

It involved US billionaire George Soros' Open Society Georgia Foundation. It involved the Washington-based Freedom House whose chairman was former CIA chief James Woolsey. It involved generous financing from the US Congress-financed National Endowment for Democracy, an agency created by Ronald Reagan in the 1980's to "do privately what the CIA used to do," namely coups against regimes the US Government finds unfriendly.

The US State Department funded the Georgia Liberty Institute headed by Saakashvili, US approved candidate to succeed the no-longer cooperative Shevardnadze. The Liberty Institute in turn created "Kmara!" which translates "Enough!" According to a BBC report at the time, Kmara! Was organized in spring of 2003 when Saakashvili along with hand-picked Georgia student activists were paid by the Soros Foundation to go to Belgrade to learn from the US-financed Otpor activists that toppled Milosevic. They were trained in Gene Sharp's "non-violence as a method of warfare" by the Belgrade Center for Nonviolent Resistance.

 


Go read, there is more and is very interesting...

 

by vbo on Thu Aug 21st, 2008 at 02:07:32 AM EST
[ Parent ]
The more time passes the less these things sound like crackpot theories to me...

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 05:34:05 AM EST
[ Parent ]
vbo:
Saakashvili was brought to power in a US-engineered coup run on the ground by US-funded NGO's, in an application of a new method of US destabilization of regimes it considered hostile to its foreign policy agenda.

which, if true, would really piss me off, as it gives China's government justification for continuing to make life for NGOs in that country a real pain in the ass.

Cynicism is intellectual treason.

by marco (cowannar at gmail punkt com) on Thu Aug 21st, 2008 at 06:58:48 AM EST
[ Parent ]
The involvement of NGOs with funding from the US government and private donors such as George Soros is a more or less uncontroversial fact.

Whether this means a "colour revolution" should be called a "coup" or a "nonviolent revolution" and whether it was "US-engineered" is a more difficult question to answer, as well as whether all such events should be thrown in the same bag (for instance, including the Czech "Velvet Revolution" in the same category as Wikipedia does seems to me a stretch, both on substance and chronologically)

See Wikipedia: Soros foundation and U.S. influence as "Factors" in "Colour Revolutions":

Opponents of the colour revolutions often accuse the Soros Foundation and/or the United States government of supporting and even planning the revolutions in order to serve western interests. It is noteworthy that after the Orange Revolution several Central Asian nations took action against the Open Society Institute of George Soros with various means -- Uzbekistan, for example, forced the shutting down of the OSI regional offices, while Tajik state-controlled media have accused OSI-Tajikistan of corruption and nepotism. [4]

Evidence suggesting U.S. government involvement includes the USAID (and UNDP) supported Internet structures called Freenet, which are known to comprise a major part of the Internet structure in at least one of the countries - Kyrgyzstan - in which one of the colour revolutions occurred.

The Guardian[5] claimed that USAID, National Endowment for Democracy, the International Republican Institute, the National Democratic Institute for International Affairs, and Freedom House are directly involved. Information[citation needed] on these organizations' websites (of which the first four are funded by the US federal budget) is consistent with these claims.

Activists from Otpor in Serbia and Pora in Ukraine have said[citation needed] that publications and training they received from the US based Albert Einstein Institution staff have been instrumental to the formation of their strategies.

The Guardian article is US campaign behind the turmoil in Kiev by Ian Traynor (November 26 2004)
Ukraine, traditionally passive in its politics, has been mobilised by the young democracy activists and will never be the same again.

But while the gains of the orange-bedecked "chestnut revolution" are Ukraine's, the campaign is an American creation, a sophisticated and brilliantly conceived exercise in western branding and mass marketing that, in four countries in four years, has been used to try to salvage rigged elections and topple unsavoury regimes.

Funded and organised by the US government, deploying US consultancies, pollsters, diplomats, the two big American parties and US non-government organisations, the campaign was first used in Europe in Belgrade in 2000 to beat Slobodan Milosevic at the ballot box.



A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 07:27:20 AM EST
[ Parent ]
Means and ends. You can tell it's a US-backed regime change if there's no real democracy afterwards - just another puppet authoritarian despot running another toy police state.

Admittedly the US doesn't have a monopoly on this. But can anyone think of an example from the last forty years where US intervention created a genuine popular democracy?

by ThatBritGuy (thatbritguy (at) googlemail.com) on Thu Aug 21st, 2008 at 07:44:20 AM EST
[ Parent ]
On that score I think Serbia and Ukraine are more genuine than Georgia, where Saakashvili has been notoriusly undemocratic while in Serbia and Ukraine the "winners" of the revolutions have suffered genuine electoral setbacks afterwards.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 07:56:59 AM EST
[ Parent ]
I wouldn't know where to start about Serbian democracy. See we had democracy long time ago ,all though it was a monarchy, with other nations in it, but still we had parliament, elections...From what I read it was a mess anyway, because of antagonism between different nations (Croats, Slovenians, etc.)And even between Serbs. This was a "cancer disease" for our society. Today, Serbian democracy is total mess (but what would one expect looking what is happening with other more serious democracies in the world).In Serbia it's a "bargaining" that came to the ludicrous point where DS (democratic pro-western party of centre) made an coalition with SPS (socialist party of Slobodan Milosevic) that appear to be somehow pro-European after all. Not to mention that murdered premier Djindjic (who used to be leader of DS) actually arrested SPS leader Slobodan Milosevic and have sent him to Hag.
Serbs are totally confused and it is obvious to them that Serbian politicians are only interested in grabbing positions where they can continue to steal big money trough their big influence. On the other hand there are  nationalists who are not united due to the fact that they was not able to make majority and form government without SPS (Milosevic's party).SPS that would normally go with nationalists (having in mind Milosevic's legacy) "bargained" and decided to go in totally opposite direction. Unbelievable.
Also Kostunica's DSS all though nationalists shouldn't for the sake of God go together with Radicals (used to be bitter enemies), let alone SPS, but if they managed to bring SPS to the coalition they would be one happy family. Incredible. Not to mention that Kostunica was a president when Milosevic was arrested. And it all happened just a few years ago (not centuries ago). So it's a total mess. If that's democracy I don't know what to say. Where is interest of Serbia in that mess I am not able to see? No wonder that we are not capable of doing anything meaningful about Kosovo...
by vbo on Thu Aug 21st, 2008 at 08:30:42 PM EST
[ Parent ]
But the point is that the allegedly US-engineered toppling of Milosevic has failed to produce a US-aligned government, unlike in Ukraine and Georgia, so the Serbian "revolution" must have been genuine even if US-assisted.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Aug 22nd, 2008 at 05:48:04 AM EST
[ Parent ]
Maybe so...but about half of Serbs today believe that present president Boris Tadic is actually USA man.
And about Djindjic who was murdered (who actually striped Milosevic of his power) ...he had strong German ties (and supposedly had some deals with USA).
The only one who is not exactly pro-west (all though he declared that he is pro European but with Kosovo in Serbia) is Kostunica .He was a president and premier after that until recently.
Radicals (in opposition) being openly nationalists (and at some point with Milosevic) did not get to serious power after "revolution" (all though they had most of the votes but still not enough to take power. They were not able to make coalition too.
So who knows what actually happened behind close doors.
Today's president and coalition government appear to be openly pro- western to the point that they may try to give up on Kosovo in the end. Some of them may not survive it...literally.
by vbo on Sat Aug 23rd, 2008 at 11:01:23 AM EST
[ Parent ]
the Czech "Velvet Revolution"

Sorry, Czechoslovak... <sinks head>

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 07:53:59 AM EST
[ Parent ]
Migeru:
Funded and organised by the US government, deploying US consultancies, pollsters, diplomats, the two big American parties and US non-government organisations, the campaign was first used in Europe in Belgrade in 2000 to beat Slobodan Milosevic at the ballot box.

interesting.  this may explain why some Serbian friends who took part in the mêlée of March 9, 1991, are such big fans of George Soros:

George Soros - NS Profile NEIL CLARK / New Statesman 2jun03

Soros knows a better way--armed with a few billion dollars, a handful of NGOs and a nod and a wink from the US State Department, it is perfectly possible to topple foreign governments that are bad for business, seize a country's assets, and even to get thanked for your benevolence afterwards. Soros has done it.

<...>

The Yugoslavs remained stubbornly resistant and repeatedly returned Slobodan Milosevic's unreformed Socialist Party to government. Soros was equal to the challenge. From 1991, his Open Society Institute channelled more than $100m to the coffers of the anti-Milosevic opposition, funding political parties, publishing houses and "independent" media such as Radio B92, the plucky little student radio station of western mythology which was in reality bankrolled by one of the world's richest men on behalf of the world's most powerful nation. With Slobo finally toppled in 2000 in a coup d'etat financed, planned and executed in Washington, all that was left was to cart the ex- Yugoslav leader to the Hague tribunal, co-financed by Soros along with those other custodians of human rights Time Warner Corporation and Disney. He faced charges of crimes against humanity, war crimes and genocide, based in the main on the largely anecdotal evidence of (you've guessed it) Human Rights Watch.

Soros has an interesting interpretation of Popper's notions of "incremental improvements" and "piecemeal social engineering":

"Europe as a Prototype for a Global Open Society -- George Soros

The European Union was brought into existence by a process of piecemeal social engineering, the method Karl Popper considered appropriate to an open society. The process was directed by a far-sighted and purposeful elite which recognized that perfection is unattainable. It proceeded step by step, setting limited objectives with limited timetables knowing full well that each step will prove to be inadequate and require a further step. The process was helped along first by the threat from the Soviet Union and then by the globalization of the economy which tended to favor larger economic units. That is how the European Union was constructed, one step at a time.

Sort of like the guys running the show in Beijing.

Cynicism is intellectual treason.

by marco (cowannar at gmail punkt com) on Thu Aug 21st, 2008 at 08:04:44 AM EST
[ Parent ]
Paging metatone on the elite social engineering project behind the ascent of neoliberal economics in the US over the last 40 years...

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 08:08:45 AM EST
[ Parent ]
Soros also has the money to fund his social engineering.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 08:10:52 AM EST
[ Parent ]
Oh, and just because something calls itself "non-governmental" doesn't mean it's not "quasi-governmental" (and increasingly so, NGOs have changed a lot in the last 15 years or so) and they are definitely "political" even if they claim to be "apolitical" (which would better be described as "nonpartisan" even if it were true).

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 07:29:20 AM EST
[ Parent ]
unfortunately, some NGOs in China are lobbying for policy changes -- e.g. re: the environment, labor, banking reform, etc. -- on their own merits, not as agents of governments or institutions or individuals with ulterior agendas.

since policy changes at the central government level are so important for effecting real change, the added suspicion of being not so "non-governmental", where the government in question is foreign.

(incidentally -- and maybe this was your point -- such suspicion is the reason that many, maybe most, Chinese NGOs are actually "GONGs" ["government-organized NGOs"], where the first "G" is the Chinese government, so it can keep close tabs on things.)

Cynicism is intellectual treason.

by marco (cowannar at gmail punkt com) on Thu Aug 21st, 2008 at 08:12:39 AM EST
[ Parent ]
maybe this was your point -- such suspicion is the reason that many, maybe most, Chinese NGOs are actually "GONGs" ["government-organized NGOs"], where the first "G" is the Chinese government

Oh, no, I was referring to Western NGOs as "quasi-governmental". The Chinese are very good at double-speak to judge by the GONGs example.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 08:20:18 AM EST
[ Parent ]
A Few Speculators Dominate Vast Market for Oil Trading
By David Cho, Washington Post

Regulators had long classified a private Swiss energy conglomerate called Vitol as a trader that primarily helped industrial firms that needed oil to run their businesses.

But when the Commodity Futures Trading Commission examined Vitol's books last month, it found that the firm was in fact more of a speculator, holding oil contracts as a profit-making investment rather than a means of lining up the actual delivery of fuel. Even more surprising to the commodities markets was the massive size of Vitol's portfolio -- at one point in July, the firm held 11 percent of all the oil contracts on the regulated New York Mercantile Exchange.

The discovery revealed how an individual financial player had gained enormous sway over the oil market without the knowledge of regulators. Other CFTC data showed that a significant amount of trading activity was concentrated in the hands of just a few speculators...

CFTC documents show Vitol was one of the most active traders of oil on NYMEX as prices reached record levels. By June 6, for instance, Vitol had acquired a huge holding in oil contracts, betting prices would rise. The contracts were equal to 57.7 million barrels of oil -- about three times the amount the United States consumes daily. That day, the price of oil spiked $11 to settle at $138.54. Oil prices eventually peaked at $147.27 a barrel on July 11 before falling back to settle at $114.98 yesterday.

by Magnifico on Thu Aug 21st, 2008 at 03:05:11 AM EST
[ Parent ]
Does this change people's opinions on whether speculation was making much difference to prices or are we still just looking at speculation as lubricant? Does speculative activity on this scale pretty much guarantee overshoot of "real" prices?
by Colman (colman at eurotrib.com) on Thu Aug 21st, 2008 at 03:55:17 AM EST
[ Parent ]
Speculation increases volatility. This means it increases both the speed with which prices move to new "true" prices in response to changing conditions and the "tracking error" between "true" and "market" prices.

Market prices overshoot - well known fact. With more volatility they overshoot farther.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 04:56:57 AM EST
[ Parent ]
when they take place after brutal drops in oil prices.

Otherwise, those doing the complaining are just trying to look like they're doing something about high prices.

(I know this does not completely answer your question, but there you go)

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (jeromeguillet@yahoo.fr) on Thu Aug 21st, 2008 at 06:00:38 AM EST
[ Parent ]
Do you think the drop from $145/bbl to $115/bbl overshoots downwards?

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Aug 21st, 2008 at 06:47:42 AM EST
[ Parent ]
As I wrote in my latest opus, we are on a razor's edge, and any new bit of information has a huge impact on the need for demand destruction (or the perception of the need for demand destruction). Just as there was a build-up of information that suggested that more demand destruction would be needed, we have seen recently information going in the other direction (less tension with Iran, actually lower demand, higher Saudi production, recession prospects in various places).

So neither movement seems irrational or exaggerated either way. There's just a higher sensitivity to news. And there have been news.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (jeromeguillet@yahoo.fr) on Thu Aug 21st, 2008 at 08:10:30 AM EST
[ Parent ]
So the speculators are magnifying the response to news? How much of the sensitivity is due to their activity in the first place?
by Colman (colman at eurotrib.com) on Thu Aug 21st, 2008 at 09:50:51 AM EST
[ Parent ]
No, that's not answering my question at all.
by Colman (colman at eurotrib.com) on Thu Aug 21st, 2008 at 10:14:27 AM EST
[ Parent ]
THIS, THAT, AND THE OTHER

When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 04:13:37 PM EST
A Recipe For Saving The World's Oceans From An Extinction Crisis
Jeremy Jackson, senior scientist emeritus of the Smithsonian Tropical Research Institute and the Scripps Institution of Oceanography, asserts in the journal Proceedings of the National Academy of Sciences, that the following steps, if taken immediately, could reverse the demise of the oceans: Establish marine reserves, enforce fishing regulations, implement aquaculture, remove subsidies on fertilizer use, muster human ingenuity to limit fossil fuel consumption, buy time by establishing local conservation measures.

In 2001, Jackson and 18 co-authors published a landmark paper in the journal Science, "Historical Overfishing and the Recent Collapse of Coastal Ecosystems," in which they made the case that environments that we perceive as relatively pristine have, in fact, been radically altered by centuries of human exploitation.

Jackson has been on the lecture circuit since then. "Our amnesia about what is natural is the greatest threat to the environment," said Jackson, in the youTube version of his talk "The State of the Ocean," delivered at Middlebury College, in Vermont, in 2007.



When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 05:01:34 PM EST
[ Parent ]
Birds can't keep up with climate change: study
The habitats of wild bird species are shifting in response to global warming, but not fast enough to keep pace with rising temperatures, according to a study released Wednesday.

Researchers in France also found that the delicate balance of wildlife in different ecosystems is changing up to eight times more quickly than previously suspected, with potentially severe consequences for some species.

"The flora and fauna around us are shifting over time due to climate change," said lead author Victor Devictor, a researcher at the French National Museum of Natural History.

"The result is desynchronisation. If birds and the insects upon which they depend do not react in the same way, we are headed for an upheaval in the interaction between species," he explained in a telephone interview.

These "mismatches" are likely to become greater over time, and could eventually threaten some birds with extinction, he added.



When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 05:02:42 PM EST
[ Parent ]
An Op-Ed in the FT:


The west is strategically wrong on Georgia

In Georgia, Russia has loudly declared that it will no longer capitulate to the west. After two decades of humiliation Russia has decided to snap back. Before long, other forces will do the same. As a result of its overwhelming power, the west has intruded into the geopolitical spaces of other dormant countries. They are no longer dormant, especially in Asia.

Indeed, most of the world is bemused by western moralising on Georgia. America would not tolerate Russia intruding into its geopolitical sphere in Latin America. Hence Latin Americans see American double standards clearly. So do all the Muslim commentaries that note that the US invaded Iraq illegally, too. Neither India nor China is moved to protest against Russia. It shows how isolated is the western view on Georgia: that the world should support the underdog, Georgia, against Russia. In reality, most support Russia against the bullying west. The gap between the western narrative and the rest of the world could not be greater.

It is therefore critical for the west to learn the right lessons from Georgia. It needs to think strategically about the limited options it has. After the collapse of the Soviet Union, western thinkers assumed the west would never need to make geopolitical compromises. It could dictate terms. Now it must recognise reality. The combined western population in North America, the European Union and Australasia is 700m, about 10 per cent of the world's population. The remaining 90 per cent have gone from being objects of world history to subjects. The Financial Times headline of August 18 2008 proclaimed: "West in united front over Georgia". It should have read: "Rest of the world faults west on Georgia". Why? A lack of strategic thinking.

(...)

Western thinkers must decide where the real long-term challenge is. If it is the Islamic world, the US should stop intruding into Russia's geopolitical space and work out a long-term engagement with China. If it is China, the US must win over Russia and the Islamic world and resolve the Israel-Palestine issue. This will enable Islamic governments to work more closely with the west in the battle against al-Qaeda.

The biggest paradox facing the west is that it is at last possible to create a safer world order. The number of countries wanting to become "responsible stakeholders" has never been higher. Most, including China and India, want to work with the US and the west. But the absence of a long-term coherent western strategy towards the world and the inability to make geopolitical compromises are the biggest obstacles to a stable world order. Western leaders say the world is becoming a more dangerous place, yet few admit that their flawed thinking is bringing this about. Georgia illustrates the results of a lack of strategic thinking.



In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (jeromeguillet@yahoo.fr) on Wed Aug 20th, 2008 at 07:02:26 PM EST
[ Parent ]
Jerome a Paris:
...most of the world is bemused by western moralising on Georgia. <...>

The gap between the western narrative and the rest of the world could not be greater.

in line with:

Asia Times: BOOK REVIEW: Asia pushes, West resists - The New Asian Hemisphere by Kishore Mahbubani:

Newly energized Asians are consciously deciding to disallow their lives from being determined by Western interests.

Mahbubani asserts that a turbulent era of de-Westernization has commenced in Asia. With most Asians disavowing former beliefs that the West was the "most civilized part of the world", the latter has lost appeal as an ideal in human advancement.



Cynicism is intellectual treason.
by marco (cowannar at gmail punkt com) on Thu Aug 21st, 2008 at 07:29:03 AM EST
[ Parent ]
TECHNOLOGY REVIEW Published by MIT Friday, August 15, 2008
Natural Gas to Gasoline
A firm claims to have a cheaper way to harness natural gas.

By Tyler Hamilton

A Texas company says that it has developed a cheaper and cleaner way to convert natural gas into gasoline and other liquid fuels, making it economical to tap natural-gas reserves that in the past have been too small or remote to develop.

The company behind the technology, Dallas-based Synfuels International, says that the process uses fewer steps and is far more efficient than more established techniques based on the Fischer-Tropsch process.....

A Synfuels gas-to-liquids (GTL) refinery goes through several steps to convert natural gas into gasoline but claims to do so with better overall efficiency. First, natural gas is broken down, or "cracked," under high temperatures into acetylene, a simpler hydrocarbon. A separate liquid-phase step involving a proprietary catalyst then converts 98 percent of the acetylene into ethylene, a more complex hydrocarbon. This ethylene can then easily be converted into a number of fuel products, including high-octane gasoline, diesel, and jet fuel. And the end product is free of sulfur.

"We're able to produce a barrel of gasoline for much cheaper than Fischer-Tropsch can," says Kenneth Hall, coinventor of the process and former head of Texas A&M University's department of chemical engineering. Hall says that a Fischer-Tropsch plant is lucky to produce a barrel of gasoline for $35 but that a much smaller Synfuels refinery could produce the same barrel for $25. Under current fuel prices, such a plant could pay for itself in as little as four years, the company says.

-Skip-

Ali Mansoori, a professor of chemical engineering and physics at the University of Illinois at Chicago, says that the process seems far less complicated than those found in a Fischer-Tropsch plant. "The numbers reported for conversion efficiency and selectivity look quite promising," he adds.

But Synfuels isn't alone in trying to make GTL more economical. Gas Reaction Technologies, a spinoff from the University of California, Santa Barbara, has developed a process that converts natural gas into bromine-based compounds that are later converted into liquid fuels.


Since I was a child I have seen refineries burning off natural gas in flairs.  In some areas these flares are visible from space.  This could turn that gas into a valuable product even absent a gas pipeline.

TECHNOLOGY REVIEW has gotten rather "entreprenurial" since I last subscribed to it.  You can find links to investment tips following the articles. Caveat emptor!


If sanity be culturally normative, then by the norms of this culture I claim insanity.

by ARGeezer (argeezer a in a circle yahoo dot com) on Wed Aug 20th, 2008 at 08:01:49 PM EST
[ Parent ]
Spectacular Find in Germany: Dinosaurs May Be Older than First Thought - International - SPIEGEL ONLINE - News

Traces of a dinosaur found a German quarry suggest the creatures may have been 15 million years older than previously believed.

 Dinosaurs may have been around longer than first thought. Dinasaurs are old. That much we knew. But a new find in a limestone quarry located in the eastern German state of Saxony-Anhalt may show that they are fully 15 million years older than scientists currently believe.

According to a Tuesday report in the Mitteldeutsche Zeitung, a local paper in the region, archaeologists working in the quarry found traces of a dinosaur that they believe are 250 million years old -- older than any known evidence of dinosaurs. So far, officials from the state's Office for Preservation of Monuments and Archaeology have declined to confirm the find. A spokeswoman there has merely pointed out that the quarry is still in operation and that hobby diggers should stay away.

The scientific community, though, is electrified. Should the age of the traces be confirmed, the find could shed light on the very beginnings of dinosaurs. One expert told the paper that the find is of "sensational importance to science."

by Fran (fran at eurotrib dot com) on Thu Aug 21st, 2008 at 01:14:52 AM EST
[ Parent ]

A Liberal Shock Doctrine

Progressive political change in American history is rarely incremental. With important exceptions, most of the reforms that have advanced our nation's status as a modern, liberalizing social democracy were pushed through during narrow windows of progressive opportunity--which subsequently slammed shut with the work not yet complete. The post-Civil War reconstruction of the apartheid South, the Progressive Era remaking of the institutions of democratic deliberation, the New Deal, the Great Society: They were all blunt shocks. Then, before reformers knew what had happened, the seemingly sturdy reform mandate faded and Washington returned to its habits of stasis and reaction.

The Oval Office's most effective inhabitants have always understood this. Franklin D. Roosevelt hurled down executive orders and legislative proposals like thunderbolts during his First Hundred Days, hardly slowing down for another four years before his window slammed shut; Lyndon Johnson, aided by John F. Kennedy's martyrdom and the landslide of 1964, legislated at such a breakneck pace his aides were in awe. Both presidents understood that there are too many choke points--our minority-enabling constitutional system, our national tendency toward individualism, and our concentration of vested interests--to make change possible any other way.

That is a fact. A fact too many Democrats have trained themselves to ignore. And it sometimes feels like Barack Obama, whose first instinct when faced with ideological resistance seems to be to extend the right hand of fellowship, understands it least of all. Does he grasp that unless all the monuments of lasting, structural change in the American state--banking regulation, public-power generation, Social Security, the minimum wage, the right to join a union, federal funding of education, Medicare, desegregation, Southern voting rights--had happened fast, they wouldn't have happened at all?



In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (jeromeguillet@yahoo.fr) on Thu Aug 21st, 2008 at 06:06:41 AM EST
[ Parent ]
It does rather presuppose that Obama wants to make radical changes. Change is a nice wooly word; pregnant with meanings, a little shy on precision.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Aug 21st, 2008 at 07:55:52 AM EST
[ Parent ]
BBC NEWS | Europe | Uncovering the ultimate family tree
The Lichtenstein Cave is a short drive away from Manfred's village, deep in the Harz mountains.

This is the spot where Manfred's relatives, dating back 3,000 years, were buried. The cave remained hidden from view until 1980, and it was only later, in 1993, that archaeologists discovered 40 Bronze Age skeletons.

The 3,000-year-old skeletons were in such good condition that anthropologists at the University of Goettingen managed to extract a sample of DNA. That was then matched to two men living nearby: Uwe Lange, a surveyor, and Manfred Huchthausen, a teacher. The two men have now become local celebrities.

"It's odd, standing here in the same area where my ancestors were buried. I felt really strange when I had the bones, the skull of my great-great-great grandfather dating back 120 generations, in my hands," said Manfred.

Not sure this is really news, but it makes a good story anyway.

Somewhere in cyberspace, the ghost of de Chardin is smiling.

by budr on Thu Aug 21st, 2008 at 09:18:04 AM EST
[ Parent ]
KLATSCH

When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 04:13:58 PM EST
Late, late, late, I was held up at a meeting.

When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 04:14:33 PM EST
[ Parent ]
Well, at least they didn't get your laptop.

Skennah Kowa
by Crazy Horse on Wed Aug 20th, 2008 at 04:42:06 PM EST
[ Parent ]
Heh, talk talk too much talk. To no avail. Such is life. <philosophick>

When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Aug 20th, 2008 at 04:46:31 PM EST
[ Parent ]
Here's the place to say thanks from all of us for keeping the Salon going forward.

Skennah Kowa
by Crazy Horse on Wed Aug 20th, 2008 at 05:14:16 PM EST
[ Parent ]


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