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Posts Tagged ‘middle east’

Prepare for the Next Conflict: Water Wars

April 18, 2011 Comments off

huffingtonpost

Every minute, 15 children die from drinking dirty water. Every time you eat a hamburger, you consume 2400 liters of the planet’s fresh water resources — that is the amount of water needed to produce one hamburger. Today poor people are dying from lack of water, while rich people are consuming enormous amounts of water. This water paradox illustrates that we are currently looking at a global water conflict in the making.

We are terrifyingly fast consuming one of the most important and perishable resources of the planet — our water. Global water use has tripled over the last 50 years. The World Bank reports that 80 countries now have water shortages with more than 2.8 billion people living in areas of high water stress. This is expected to rise to 3.9 billion — more than half of Read more…

World Bank president: ‘One shock away from crisis’

April 18, 2011 Comments off

bbc

The president of the World Bank has warned that the world is “one shock away from a full-blown crisis”.

Robert Zoellick cited rising food prices as the main threat to poor nations who risk “losing a generation”.

He was speaking in Washington at the end of the spring meetings of the World Bank and International Monetary Fund.

Meanwhile, G20 finance chiefs, who also met in Washington, pledged financial support to help new governments in the Middle East and North Read more…

Gas prices surge toward $4, threaten economic recovery

April 16, 2011 3 comments

lakelandtimes

Click Map to enlarge

Gas prices continued to gallop toward $4 a gallon early this week, both in the area and across the state, as prices in Minocqua and Rhinelander hit $3.99 on Tuesday, even as prices for crude oil eased, at least temporarily.

Across the nation, according to GasBuddy.com on Wednesday morning, the national average price for a gallon of regular gasoline stood at $3.79; in Wisconsin, the average was $3.87. Four states, including Illinois, have seen prices already surpass $4.

Crude oil prices moved downward Tuesday from $113 a barrel – the highest price since September 2008 – to $106, a Read more…

Pastor Lindsey Williams: Nwo to Target ‘Yemen’ Next!

April 15, 2011 Comments off

Lindsey Williams announced on the Alex Jones Show that the New World Order will be targeting the fall of Yemen next.  Saudi Arabia will be last to fall in the Middle East thus causing oil prices to escalate from $150 to $200 per barrel.  He also touches on the current devaluation of the US Dollar and the current gold and silver explosion in commodities.  If you are able to… listen to this interview and research it for yourself.

Read more…

China-Russia relations and the United States: At a turning point?

April 14, 2011 Comments off

rian


Dmitry Medvedev  and  Hu  JintaoBy Dr. Richard Weitz

Since the end of the Cold War, the improved political and economic relationship between Beijing and Moscow has affected a range of international security issues. China and Russia have expanded their bilateral economic and security cooperation. In addition, they have pursued distinct, yet parallel, policies regarding many global and regional issues.

Yet, Chinese and Russian approaches to a range of significant subjects are still largely uncoordinated and at times in conflict. Economic exchanges between China and Russia remain minimal compared to those found between most friendly countries, let alone allies.
Although stronger Chinese-Russian ties could present greater challenges to other countries (e.g., the establishment of a Moscow-Beijing condominium over Central Asia), several factors make it unlikely that the two countries will form such a bloc.

The relationship between the Chinese and Russian governments is perhaps the best it has ever been. The leaders of both countries engage in numerous high-level exchanges, make many mutually supportive statements, and manifest other displays of Russian-Chinese cooperation in what both governments refer to as their developing strategic partnership.

The current benign situation is due less to common values and shared interests than to the fact that Chinese and Russian security concerns are Read more…

Look Out Above for Gold and Silver Prices

April 8, 2011 Comments off

usawatchdog

By Greg Hunter’s

Gold hit another all-time high yesterday, closing well over $1,450 per ounce.  Silver’s closing price of more than $39 per ounce is the highest it has been in 31 years.  Why the big jump in gold and silver prices?  The answer is pretty scary because there are many reasons precious metals are heading higher.  Let’s start with the most obvious —inflation.  Kitco.com reported yesterday, “The precious yellow metal got a fresh influx of investment buying based upon heightened inflationary expectations, safe-haven demand and a weakening U.S. dollar index.” (Click here for the complete Kitco.com story.) You can give the same reasons for rising silver prices.

In the case of silver, many experts say it is way undervalued and will outperform gold as Read more…

Leading Israelis push for two-state solution with new peace initiative

April 6, 2011 Comments off

guardian

Gaza funeral

A father weeps at the funeral of his 21-year-old son, killed on Tuesday by Israeli fire in northern Gaza. Photograph: Mohammed Abed/AFP/Getty Images

A group of prominent Israelis, including heads of the army and security services, hope to revive the peace initiative by announcing details of possible treaties with the Palestinians, Syria and Lebanon.

The Israeli Peace Initiative, a two-page document, states that Israel will withdraw from the land it occupied in 1967 in both the West Bank and the Golan Heights, and pay compensation to refugees. The document has been given to Binyamin Netanyahu, the prime minister, who has said he will read it with interest.

The authors of the document, which will be launched at a press conference in Tel Aviv on Wednesday, say that it is partly inspired by the revolutions that have taken place in the Middle East. It presents an opportunity for Israelis to participate in the “winds of change” blowing through the Middle East, they say.

“We looked around at what was happening in neighbouring countries and we said to ourselves, ‘It is about time that the Israeli public Read more…

Yemen passes emergency laws to quell protests

March 24, 2011 Comments off

www.guardian

MPs back president’s move to suspend constitution, ban street protests and give security agencies greater powers of arrest

Yemeni MPs vote in favour of state of emergencyYemeni MPs raise their hands as they vote in favour of a state of emergency declared by the president. Photograph: Mohammad Huwais/AFP/Getty Images 

Yemen‘s parliament has approved a sweeping set of emergency laws giving broader powers of arrest and censorship to the president, Ali Abdullah Saleh, despite growing calls from opponents demanding he quit to make way for a military-backed democratic transition.

The emergency law, last evoked during Yemen’s 1994 civil war, suspends the constitution, allows for greater media censorship, bans street protests and gives security agencies arbitrary powers to arrest Read more…

China May Match India as World’s Biggest Gold Consumer on ‘Amazing’ Demand

March 24, 2011 Comments off

bloomberg.com

Chinese consumption of gold may climb to rival that of India, the top user, as investors buy the metal as a store of value, said GFMS Ltd. and INTL FCStone.

Demand in China, the world’s second-biggest economy, almost tripled to 580 metric tons last year from 206 tons in 2001, data from the producer-funded World Gold Council show. Use in India may slump 5 percent to 26 percent this year from 963 tons in 2010, Morgan Stanley said in a report yesterday.

Bullion soared to a record $1,444.95 an ounce on March 7 and rallied 30 percent last year for a 10th annual gain as investors sought to preserve their wealth against inflation, Middle East unrest and currency debasement. Consumer prices in China climbed 4.9 percent in February from a year ago, exceeding the government’s 4 percent goal for the full year.

“The level of interest in gold as an asset class is just amazing,” Jeffrey Rhodes, global head of precious metals with INTL FCStone in Dubai, said in an interview. “There is potential for China to Read more…

Silver, gold gain on fast-changing global events

March 23, 2011 Comments off

businessweek

Silver and gold prices are climbing as developing crises from Portugal’s financial problems to uprisings in the Middle East are prompting investors to buy more stable assets.

Silver for May delivery rose 2.6 percent Wednesday to settle at $37.198 an ounce. Gold settled up $10.40 at $1,438 an ounce.

Investors are nervous as they monitor fast-changing global events.

In Portugal, lawmakers are poised to vote against more austerity measures for the debt-stressed country. Meanwhile violence in the Middle East and North Africa is raising concern about oil supplies.

The uncertainty of how those events will play out is supporting both precious metals, which have the reputation of being safer assets to hold during turbulent economic times.

Energy prices were mainly higher. Bean and grain prices fell.