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Today: 40 articles and 86 comments as of 15:57.
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French police in standoff with Jewish school killing suspect
Today's Headlines
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Caribbean-Latin America
Pope arrives in Mexico Saturday
From TFA:

Pope Benedict arrives in Mexico seven days before campaigns kick off for the July 1 presidential elections. Such a visit would have been unthinkable a generation ago in a nation where references to Our Lady of Guadalupe, Mexico's patroness, have been enough to annul elections.

The visit also comes as the Mexican Senate debates constitutional changes that would guarantee the right to hold religious services outside authorized places of worship.

Catholic leaders caution against reading too much into the timing of the trip. They say the pope's agenda has nothing to do with domestic politics.

Priest Jorge Raúl Villegas, spokesman for the Archdiocese of León, expects the pope's message to be "encouraging" for a country where a war on drug cartels and organized crime has claimed about 47,000 lives in five years. The crackdown has caused controversy for the church: Some parishes accept "narcolimosnas," or drug alms, from cartels for charitable work.
Posted by: badanov || 03/21/2012 00:00 || Comments || Link || [0 views] Top|| File under:


Mexico gets hit by 6.8 Richter quake
Link is in Spanish. For a map, click here.

An earthquake centered in southern Guerrero state hit Mexico Tuesday, causing some damage but apparently no serious injuries.

Latest reports are 98 percent of electrical power has been restored.
Posted by: badanov || 03/21/2012 00:00 || Comments || Link || [0 views] Top|| File under:

#1  Looks like Mexico dodged a bullet.
Posted by: Anguper Hupomosing9418 || 03/21/2012 15:47 Comments || Top||

#2  too deep for real hammering
Posted by: Frank G || 03/21/2012 22:11 Comments || Top||


China-Japan-Koreas
Chinese coup watching
Posted by: Mizzou Mafia || 03/21/2012 19:06 || Comments || Link || [0 views] Top|| File under:


Economy
Oil drops as Saudi Arabia seeks to calm markets
NEW YORK: Oil dropped nearly 2 percent as Saudi Arabia sought to knock back the price rise that has threatened the global economy, with the oil minister offering the most detailed argument to date that OPEC nation was prepared to meet any supply shortfalls.

Brent crude settled at $124.12 a barrel, down $1.59 on the day and off earlier lows of $123.20. US crude fell $2.48 to settle at $105.61 a barrel.

Prices dropped after the Kingdom sought to soothe fears about high oil prices, saying that world supplies were well in excess of demand and that $125-a-barrel crude prices were not justified given the anemic state of the world economy.

Petroleum and Mineral Resources Minister Ali Al-Naimi said the Kingdom had satisfied all of its customers' requests for oil and stood ready to raise output to full capacity of 12.5 million barrels per day (bpd), if needed.

"I want to assure you that there is no shortage of supply in the market," Al-Naimi told reporters at a press briefing in Doha, Qatar. "We are ready and willing to put more oil on the market, but you need a buyer."

Oil is trading above $123, just $24 short of an all-time high, as tighter Western sanctions on Iran threaten to slow the country's exports.

"Oil prices today are unjustifiable on a supply and demand basis," said Al-Naimi. "We really don't understand why the prices are behaving the way they are."
Sure you do, you just can't say it out loud...
He said supply of oil was now out-pacing demand by more than 1 million bpd and that customers were not asking for extra crude.

"From our point of view, we have had no customer not satisfied. We have satisfied every request for every customer that has come asking," said Naimi.

"We ask the customers, 'Do you need more?' and invariably the answer is 'No thank you.'"

Riyadh is now pumping 9.9 million bpd — the highest in decades — and is willing to produce at full capacity of 12.5 million bpd immediately, should demand warrant, Al-Naimi said. He said he expected output next month to stay at 9.9 million bpd. Saudi spare production capacity now stands at 2.5 million bpd, he said.

"We spent a lot of money building that capacity. We finished building it in 2009, and it is there to be used," said Al-Naimi.

Storage inside the kingdom was full and Riyadh was holding about 10 million barrels outside of Saudi Arabia in Rotterdam, Sidi Kerir and Okinawa, he said. "Our inventories both in Saudi Arabia and worldwide are full."
Posted by: Steve White || 03/21/2012 00:00 || Comments || Link || [0 views] Top|| File under:

#1  None of these political explanations makes sense. Too many fiat currencies in competitive devaluation pursuing too little oil is the closest decent explanation. From our point of view, we have had no customer not satisfied. They never asked me. I want my gasoline for 50% less than it is currently selling for.
Posted by: Anguper Hupomosing9418 || 03/21/2012 15:37 Comments || Top||

#2  I got this from a secret source there really is no oil shortage anywhere shhh don't tell anyone!
Posted by: Spike Smiter of the Hemps4112 || 03/21/2012 18:44 Comments || Top||

#3  ...Coulda fooled me: jumped from 3.57 to 3.65 this afternoon.

Mike
Posted by: Mike Kozlowski || 03/21/2012 21:16 Comments || Top||

#4  Saudi Arabia says it'll boost production and prices fall 1 to 2 percent.

Meanwhile, the mainstream media says that Republican pledges to boost domestic production would do nothing to affect world oil prices.

How bout that.
Posted by: American Delight || 03/21/2012 22:14 Comments || Top||


Home Front: Politix
Supreme Court Rules Against EPA Thuggery
Print|Email
Supreme Court Rules Unanimously Against EPA “Strong-Arming of Regulated Parties”
Damon W. Root | March 21, 2012

The Supreme Court handed down a major win for both property rights and due process rights today in the case of Sackett v. Environmental Protection Agency. At issue was the EPA’s use of so-called administrative compliance orders, which are government commands that allowed the agency to regulate the use of private property without also subjecting its actions to judicial review. In a 9-0 ruling, with the majority opinion written by Justice Antonin Scalia and separate concurring opinions filed by Justice Ruth Bader Ginsburg and Justice Samuel Alito, the Supreme Court declared that these EPA actions must be subject to judicial review.
Posted by: Deacon Blues || 03/21/2012 12:17 || Comments || Link || [0 views] Top|| File under:


Israel-Palestine-Jordan
Crackdown on Israeli army weekly after article featuring soldiers in drag
Israeli army weekly Bamahane will be required to send its articles to the chief education officer for approval before publication, after senior officers were outraged by an article in the Purim issue about soldiers dressing up as women and performing as drag queens when off duty.

The officers were particularly infuriated by a photo of an Armored Corps officer wearing a gas mask and red boots with heels. The article interviewed two soldiers in drag, who claimed that the phenomenon could be found in many Israel Defense Forces units, including elite intelligence Unit 8200.

Bamahane has written liberally about homosexuals in the army. Some articles have drawn fire, while others have been published without controversy.

In 2001, for example, then Chief Education Officer Elazar Stern blocked publication of an edition with a cover story that featured a picture of a colonel holding the rainbow flag under the headline, "This is how I came out of the closet."

Stern shut down the paper for a week. He said, "I closed Bamahane because publishing a cover story like that in the paper coming out before Memorial Day was tasteless."

Similarly, a story for Family Day in 2010 on a lesbian couple drew fire over the type of family the newspaper chose to portray. By contrast, a lengthy article on five homosexual soldiers serving in combat units that came out for Gay Pride Week in 2011 generated no criticism at all.
Posted by: ryuge || 03/21/2012 00:00 || Comments || Link || [1 views] Top|| File under:



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On Sale now!


A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.

Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing the drug and gang related violence in Mexico.

Chris gives us Mexican press dispatches of drug and gang war violence over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has dominated Mexico for six years.
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Two weeks of WOT
Wed 2012-03-21
  French police in standoff with Jewish school killing suspect
Tue 2012-03-20
  Turkish Diplomat Says Two More Syrian Generals Defect
Mon 2012-03-19
  Heavy Shelling Kills 16 'Qaida' Fighters in Yemen
Sun 2012-03-18
  Five Killed In Bali Terror Raids
Sat 2012-03-17
  Qaeda suspects kidnap Swiss woman: Yemeni officials
Fri 2012-03-16
  Philly man arrested on charges of supporting Uzbeki terrorists
Thu 2012-03-15
   Karzai orders NATO out of all Afghan villages
Wed 2012-03-14
  Leon Panetta unhurt after suspected attack
Tue 2012-03-13
  U.S. Drone Attack In Pakistan Reportedly Kills 15 Suspected Militants
Mon 2012-03-12
  Army airstrikes kill 20 al-Qaeda militants in south Yemen
Sun 2012-03-11
  Syrian Ground Forces Storm Rebel Stronghold of Idlib, 62 Killed in Violence
Sat 2012-03-10
  Air strikes in Yemen kill suspected al Qaeda militants
Fri 2012-03-09
  13 Dronezapped in South Wazoo
Thu 2012-03-08
  British and Italian hostages murdered by captors in special forces rescue bid in Nigeria
Wed 2012-03-07
  Suicide bomber kills four in southern Russia

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