By Robert Lindsay
The dollar fell against the yen this afternoon on reports Iran has asked Japan to stop paying for its oil in dollars
The dollar was driven down against the Japanese yen this afternoon, hit by the news that Iran had asked Japan to pay for its oil purchases in the Japanese currency and not in dollars.
Iran has sent a letter to Japanese refiners, signed by Ali A Arshi, the general manager of crude marketing and exports for Iran’s national Iranian Oil Company, according (…)
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Iran demands oil pay in yen not dollars
16 August 2007 par (Open-Publishing)
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Buy Feed Corn: They’re about to stop making it… (globalresearch.ca)
27 July 2007 par (Open-Publishing)
Buy Feed Corn: They’re about to stop making it…
By F. William Engdahl
Global Research, July 25, 2007
That bowl of Kellogg’s Cornflakes on the breakfast table, or the portion of pasta or corn tortillas, cheese or meat on the table is going to rise in price over the coming months as sure as the sun rises in the East. Welcome ladies and gentlemen to the new world food price shock, conveniently timed to accompany our current world oil price shock.
Curiously it’s ominously similar in many (…) -
"The Nation That Destroys the Soil, Destroys Itself" Ethanolics Anonymous By DENNY HALDEMAN
2 July 2007 par (Open-Publishing)
"The Nation That Destroys the Soil, Destroys Itself" Ethanolics Anonymous
By DENNY HALDEMAN
http://www.counterpunch.org/haldeman06262007.html
Once again, we find our political leadership united around a very bad idea, ethanol and other biofuels to help gain "energy independence," to "help farmers" and most importantly, to help citizens avoid the harsh reality of peak oil converging with unsustainable lifestyles. It is understandable that the politicians must pander to the corn growing (…) -
The Great Biofuel Hoax By Eric Holt-Gimenez, Indypendent Posted on June 25, 2007, Printed on June
26 June 2007 par (Open-Publishing)
2 commentsThe Great Biofuel Hoax By Eric Holt-Gimenez, Indypendent Posted on June 25, 2007, Printed on June 26, 2007 http://www.alternet.org/story/54218/
For an alternative viewpoint on corn-based ethanol, read "David Morris’s Give Ethanol a Chance: The Case for Corn-Based Fuel."
Biofuels invoke an image of renewable abundance that allows industry, politicians, the World Bank, the United Nations and even the Intergovernmental Panel on Climate Change to present fuel from corn, sugarcane, soy and (…) -
Protesters Rip Gov. Martin O’Malley for Broken Promises
25 June 2007 par (Open-Publishing)
“If I’m elected, I will fire [the] PSC and replace them with...members who will ‘protect’ the public.” - Martin O’Malley
Annapolis, MD - During his campaign, in 2006, for the office of governor of Maryland, Martin O’Malley, a Democrat, repeatedly promised the voters that if he were elected he would do something to stop the huge Baltimore Gas & Electric/Constellation Energy electric rate hike, which was then set to go into effect on June 1, 2007. (1) After he got elected, however, he (…) -
Einstein, Cartan and Evans – Start of a New Age in Physics?
17 June 2007 par (Open-Publishing)
Einstein, Cartan and Evans – Start of a New Age in Physics? Horst Eckardt, Munich, Germany Laurence G. Felker, Reno, Nevada, USA [original German article to be published online at: http://www.borderlands.de/inet.jrnl.php3] Summary Although physicists have struggled in vain for over a half-century to encompass all natural forces within a unified theory, chemical physicist Myron W. Evans has now succeeded. Based on the fundamental insights of Albert Einstein and Elie Cartan, (…)
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Bush Pushes Iraq Oil Law for ExxonMobil by Matthew Rothschild (The Progressive)
16 June 2007 par (Open-Publishing)
Published on Thursday, June 14, 2007 by The Progressive
Bush Pushes Iraq Oil Law for ExxonMobil
by Matthew Rothschild
With Iraq going to hell, and the al-Maliki government failing to meet one benchmark after another, Bush is getting desperate.
On Sunday, he sent Admiral Fallon, the chief U.S. commander in the Mideast, to lean on Prime Minister al-Maliki.
On Tuesday, John Negroponte, former U.S. ambassador to Iraq and the UN, flew to Baghdad to lean on al-Maliki.
And what were (…) -
CUBA-VENEZUELA: Making Biofuels Without Wasting Food (IPS)
15 June 2007 par (Open-Publishing)
2 commentsInter Press Service News Agency Friday, June 15, 2007 19:09 GMT
CUBA-VENEZUELA: Making Biofuels Without Wasting Food
Patricia Grogg
HAVANA, Mar 6 (IPS) - The governments of Cuba and Venezuela are planning to move forward together on biofuels production, but they will rely on producing alcohol from sugarcane, in order to spare food crops. Official Cuban sources described the cooperative alcohol programme between the two countries as part of their "joint efforts" to protect the (…) -
Nigeria: a destroyed population
23 May 2007 par (Open-Publishing)
Nigeria, which is the most populated state of Africa with its 132 million inhabitants, has been a victim of violent territorial destruction during the last fifty years. Massacre and violation of human rights do not arise any attention anymore, only some clamorous episodes capture the press’ interest for a moment and then they are forgotten.
The state of Nigeria is the worlds eighth biggest producer of oil supplying 2.5 million barrels per day. The Niger Delta area, rich of black gold, has (…) -
POLITICIANS MAKING FOOLS OF US ALL: THE CASE OF ETHANOL AS MOTOR FUEL
25 April 2007 par (Open-Publishing)
1 commentApril 24, 2007
POLITICIANS MAKING FOOLS OF US ALL The Case of Ethanol as Motor Fuel
John Chuckman
Ethanol has always been a poor choice as a fuel, but the scientific and economic considerations behind that statement don’t stop politicians from claiming otherwise.
American use of ethanol blended into gasoline actually represents a hidden subsidy to corn farmers, a subsidy on top of other subsidies, because American corn production itself has long been subsidized. The American program, (…)