(SomaliNet) It is time for African leaders to force Zimbabwe's President Robert Mugabe to resign, Kenyan Prime Minister Raila Odinga says.
Right. They're gonna force him from office, just like they did... ummm... No. He died in office... ummm... No... His army threw him out... How about?... No. Even cannibalism wasn't enough for Africa to get together and toss him... Well. I'm sure they could do it if they wanted to.
Mr Odinga has been holding talks with Zimbabwe's opposition leader Morgan Tsvangirai, and points out that nothing has come of power sharing talks in Zimbabwe.
Three months ago, President Mugabe agreed to form a government of national unity with the opposition. Talks on the details of power sharing, however, have failed.
The crisis in Zimbabwe continues to intensify, with the economy in ruins, and shortages and infrastructure failures the order of the day.
Meanwhile, a cholera epidemic has already claimed the lives of over 550 people and Zimbabwe has now asked the international community for help.
Posted by: Fred ||
12/06/2008 00:00 ||
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#1
Raila Odinga, are you going to be the one to tell him? I thought so. Talk is cheap, but noone seems willing to act.
Posted by: Richard of Oregon ||
12/06/2008 13:16 Comments ||
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#2
I thought the nation was so overpopulated, it bulged at the seams?
How'd they notice 550 dead?
Posted by: Rednek Jim ||
12/06/2008 14:12 Comments ||
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Zimbabwe's crumbling economy and services have transformed this South African border town into a teeming district of shoppers, asylum-seekers and job hunters. Now something new has traveled south across the river that divides the two countries: cholera.
This week, the front lawn of Musina's lone, 80-bed hospital was a scene of despair. Beneath trees exploding with yellow and red blossoms, more than 100 adults and children lay inside steamy tents and under bushes, intravenous tubes stretching from the backs of their hands to bags of liquid hanging from tree trunks. Some, suffering through the gravest stages of an illness that causes severe diarrhea and dehydration, wore nothing but adult-size diapers.
Nearly all were from Zimbabwe, where the government declared a national emergency Thursday because of the cholera epidemic ravaging its population and reaching farther each day into neighboring countries such as this one. South Africa announced Friday that it would send military doctors to the border to treat cholera victims, and would send clean water and other aid into Zimbabwe, along with a fact-finding team that will recommend additional humanitarian steps.
"At the moment I knew something was wrong, I had to come here to Musina," said Godfrey Mawunganidze, 40, a Zimbabwean cross-border trader who lay under a tree, a damp towel covering his head. "Because if you go to a hospital in Zimbabwe, that's a dead zone."
Zimbabwe's humanitarian and economic crisis is so dire that millions have fled the nation, where sewage and health-care systems are nearly defunct and food is scarce. Cholera, which is spread through contaminated water and food, has become a symbol of the regional spillover of Zimbabwe's devastation.
But as it crosses borders, the outbreak may also serve as a catalyst for neighboring countries to become more involved in ending months of political impasse that has defied regional mediation and international pressure.
U.S. Secretary of State Condoleezza Rice, traveling in Europe, said Friday that the cholera should be a signal to other nations to stand up the government Robert Mugabe, who was re-elected in an internationally condemned election in June. Rice told reporters it was "well past time" for Mugabe to resign. British Foreign Secretary David Miliband said the deteriorating situation was "a further illustration of the misrule of Zimbabwe's rogue government."
Both Britain and the Netherlands are urging tougher EU sanctions against Mugabe's regime. Mugabe blames Western sanctions for his once-productive nation's ravaged economy and the desperate plight of an increasing number of its citizens.
Posted by: Fred ||
12/06/2008 00:00 ||
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#1
Behold, Famine and Pestilence Without Borders. I blame poor crop rotation and over-tilling by Dutch farmers....Agg.
#2
The Hajj is, financially, probably a money loser for the Saudis.
The faithful visiting Mecca and Medina, don't usually have much money to spend after their travel expenses and the costs of infrastructure to accommodate this once-a-year event was costly to build. Operational costs are also high because of the nature of the event (although their is a secondary and tertiary quasi hajj also).
(SomaliNet) French President Nicolas Sarkozy has announced a 26 billion euro stimulus plan to support his country's faltering economy.
26 billion Euros? Pah, our Federal Reserve can go through that in a day ...
Ten billion euros are to be spent on infrastructure projects. Four billion euros will go to higher education, sustainable development and the defence industries. The housing and automobile sectors will receive almost three billion euros.
The plan means that the French budget deficit will increase to 3.9 percent. According to European Union rules, an EU member's budget deficit may not go over three percent. However, member states are being permitted to exceed this limit because of the financial crisis.
Posted by: Fred ||
12/06/2008 00:00 ||
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GREAT WHITE NORTH?????????????
Why is this article considered to be the GREAT WHITE NORTH????
I always thought that she'd move up here and run for Uncle Teddy's seat when he goes to the Big Oldsmobile in the Sky as I believe that was her father's seat.
WASHINGTON -- Caroline Kennedy is interested in the Senate seat that would open once Hillary Rodham Clinton becomes secretary of state, according to a close relative who says the powerful Kennedy clan is fully behind her rising to the office previously held by her uncle.
"I know she's interested," Robert F. Kennedy Jr. told The Associated Press in a telephone interview Friday. "She spent a lot of her life balancing public service with obligations to her family. Now her children are grown, and she is ready to move onto a bigger stage."
Once Clinton is confirmed to President-elect Barack Obama's cabinet, New York Gov. David Paterson will appoint someone to fill the seat for two years. The Kennedy family's connections and history cannot force Paterson to choose Caroline, who is the daughter of President John F. Kennedy. But the family's strong support could increase pressure on Paterson to choose her above lesser-known contenders.
Seeking the Senate seat would also be a significant departure from the life that she has lived until now, zealously guarding her family's privacy -- and her own.
Robert Kennedy said the family would come out en masse for her if she does get the appointment and has to run for election in 2010. "If she runs, you will see more Kennedys than you have ever seen in your life," he said. Oh...goody. Is that a threat or a promise ...
An environmental quack and ex junkie lawyer who took himself out of consideration for the Senate seat earlier this week, Robert Kennedy said he has spoken to his cousin about the position and is one of "many, many people" urging her to seek it. He also offered a policy rationale for her in the role: education. "She's probably one of the leading advocates in the nation on public education. She feels a lot of the issues she's worked on are in danger of being shunted aside because of the economic crisis," he said.
Democrats said Caroline Kennedy and Paterson have already spoken about the Senate seat, and she is interested. As a prominent member of the Kennedy clan, Caroline Kennedy Schlossberg is the kind of high-profile, historic figure who could overshadow many other New York politicians hoping to be Paterson's choice. The governor has said he is in no rush to make a decision, and Clinton is not giving up the seat before she is confirmed as President-elect Barack Obama's secretary of state. Whoever Paterson appoints would serve for two years and then have to run in a special election in 2010, along with Paterson and New York's senior senator, Charles Schumer. The candidate would then have to run again in 2012.
She is easily the most famous contender for Clinton's Senate seat, but there are plenty of others. New York Attorney General Andrew Cuomo is widely known in the state. Paterson could also pick Buffalo Mayor Byron Brown or Tom Suozzi, a Long Island elected official. There are also a number of House members in the running, including Reps. Carolyn Maloney, Kirsten Gillibrand, Steve Israel, Brian Higgins, Nydia Velazquez and Jerrold Nadler. Compared to that crew, she's probably not a bad pick.
#5
Her only "qualification" is her last name. She has never run a company, never been elected to anything of note, and never accomplished anything. The only thing that she has "done" is be a darling of the liberal left, and the press.
Remind you of anyone?
Put Guiliani against her and rip her to shreds.
Say NO to dynasties - look at Ted Kennedy and GW Bush as examples.
Former President Bill Clinton said Friday the U.S. government has no choice but to spend its way out of its worst economic crisis in decades. But of course! We got into it by not spending, so... Hey. Waidadaminnit.
With the U.S. economy in a recession, Clinton said President-elect Barack Obama must also shore up plummeting property values. "The big risk now for America and the world is deflation, contraction, dropping asset prices. We have to stimulate the economy which means in the short run, he has to take America into even more debt. There is no alternative," Clinton said at a lecture organized by the Sekhar Foundation, a philanthropic group that aims to foster an understanding of different cultures. "And then when we're out of it, we're gonna have to continue spending like sailors! Otherwise we'll get back in it!"
Obama "has to put a floor under the asset values and then use the government's spending ability to trigger economic activities," Clinton said. "Then when we resume growth, we should adopt a more conservative and traditional budget policy."
The U.S. has not suffered through a prolonged bout of deflation since the Great Depression of the 1930s. Congress passed a $700 billion bailout fund for financial institutions to combat the economic crisis.
Posted by: Fred ||
12/06/2008 00:00 ||
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#1
It's always worked for Bill. Especially when it's somebody elses money...
It is sink or swim.
Economic correction is very healty in the long term.
We have been "stimulating" a false economy for long enough. Do not fund economic bubbles - this is our lesson.
The more the economy does to route unstable business, the better we will be off in the next 20 years.
'
The more debt this government creates for us in their useless petty anty efforts, the longer we will feel the pain.
#7
What I've been pointing out for a while now is that since WWII, the Democrats have relied on inflationary spending sprees, and the Republicans have relied on economic growth, as the *only* two means to support and balance the post-war "easy credit", leveraged economy.
But this cannot continue, because it created a debt bubble with no mechanism for reduction. This could have possibly lasted for many more years, if it was limited to just the US government.
But the fools allowed it to be used in unregulated and less regulated markets as well. This turned a bad chronic problem into a severe and acute problem, worse by more than a factor over even the US government's problem. Running into the hundreds of trillions of dollars of unsustainable debt.
There is no way of "fixing" things the way they are now, so the only possibility is to segregate the "real" economy from the leveraged economy, and let the leveraged economy completely collapse.
The leveraged economy cannot even be allowed to try and survive, it must be wiped out entirely, because until that happens, there is no possibility of restoring the real economy. If any parts of the leveraged economy survives, it will parasitically draw the liquidity out of the real economy like a malignant tumor, and destroy it as well.
The way to segregate the two economies is with regulated currency control. Virtual money is inextricably tied to the leveraged economy, so the real economy must rely on physical cash.
At the consumer level, there is only the fraction of the cash we need, so there is a severe cash deflation in the near term. However, at the "big money" level, the government will need to issue very high denomination bills that can only be transferred with Treasury Department permission. $100k to $10M bills.
Only real economy corporations will be provided these bills in exchange for their virtual funds, and they will guarantee both that these corporations cannot go bankrupt, and that they retain 100% collateral for any loans they need to operate.
This is a government backed real corporation insurance policy. Any virtual money beyond this limit the corporation earns or uses is up to it. But it cannot spend those bills, and they cannot be taken from them, except by Treasury permission.
The leverage economy corporations will go to any lengths to try and obtain these bills, but even if they take over a real company and loot is virtual liquidity, it cannot take and use these bills for its own purposes. Even if they buy the real company, the government just invalidates the bills, unless that company continues to perform its real economy function.
This real economy insurance will also make the restoration of American heavy industry very stable, as once a new corporation is accepted into the real economy group, its existence is assured far into the future, until eventually the high denomination bills are redeemed for good.
#8
As much as I hate to admit it. Bill MIGHT be on to something here. I read an article about the Japan 10+ year recession and the conclusion is that the deficit spending is better in the long run then the alternative.
#11
Sir Winston Churchill "We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle."
#13
More money chasing the same goods and services means the value of your money drops. Econ 101. We laugh at Zimbob 10 bil bills. We are following exactly the same path, collectively fools.
Posted by: Alaska Paul ||
12/06/2008 17:07 Comments ||
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It's worse than that.
Government borrowing crowds out private investment borrowing, therefore there are less goods created to use the money!
#16
Bright Pebbles and Besoeker---I find this whole govt spending (or rather raiding the treasury) horribly depressing. The Congress has taken its middle finger and held it up right in front of the face of the American taxpayer, and said, "F*ck you. We do not care what you think and you cannot do anything about it."
Besides the enormous financial implications of this is the damage to the institutions of the United States by the contempt and lack of respect they have generated with the public. It is hard or impossible to get back. Just like tax evasion is a national sport in Italy, getting around the government will be a national sport here. Look at illegal immigration. Nice rule of law here. We will become a banana republic in mindset.
Posted by: Alaska Paul ||
12/06/2008 17:18 Comments ||
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Oil markets should brace for a surprise decision on output cuts when OPEC meets Dec. 17, the cartel's president said Saturday, suggesting that reductions could be deeper than expected.
"A consensus has formed for a significant reduction of production levels" by the 14-member Organization of Petroleum Exporting Countries, OPEC President Chakib Khelil told The Associated Press.
The OPEC head would not discuss how deep the output cut would be, but said it could be "severe," and noted that some analysts are predicting cuts of as much as 2 million barrels per day.
An output decision that startles markets would help bolster plunging oil rates, Khelil said. "The best way is to surprise them," he said. "I hope it (the decision) will," ...
Posted by: ed ||
12/06/2008 10:56 ||
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If the Obamessiah's going to throw a few trillion down the drainpipe to "revive the economy", I hope at least some of it's going into efforts to break OPEC's spine once and for all. The Mideast oil ticks - and the terrorists they bankroll - will still be a problem going forward because of the mountains of cash they already have salted away in Geneva, but at least we won't keep adding to the problem...
#5
The Big O could be a bloody hero by getting the country on a path to REAL energy independence. But he is beholden to too many moneyed backers who are calling the tune. It is obvious that GWB did not touch the saudis, and I would imagine that there is a saudi influence with the Big O, also. Look at Jimmuh and Willie, where do they get their money? We are well and truly f*cked until we break loose from the Opeckers.
Posted by: Alaska Paul ||
12/06/2008 17:11 Comments ||
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Please add the NYC Amish China lobby to Opeckers.
In my last post, part 77 of “How not to measure temperature” I pointed out that the National Weather Service in Upton NY has a weather station that is way out of compliance due to the way it is setup and the proximity to bias factors such as the parking lot.
There are thousands of weather stations across the USA, some run by various agencies. Often weÂ’ll see them at national parks with interpretive displays. This one I encountered in Ely Nevada on my last road trip to finish the Nevada USHCN station surveys was part of an air quality and environmental monitoring program jointly run by the Department of Energy (DOE) and the Desert Research Institute (DRI).
It is an impressive station with multiple state of the art sensors, solar power, and a datalogger with a satellite uplink to DRIÂ’s HQ. You can look at hourly data from the station at the CEMP DRI website here.
It is located about 2 miles northeast of town on government property, Bureau of Land Management land.
What is unique about this station is that it has an interpretive exhibit with live data readouts. I applaud DRI/DOE for doing this. As I said, I applaud DRI/DOE for doing this. Taking the effort to make such a wonderful educational display is a good use of taxpayer funds.
Except, that is, when they miss one critical detail.
You'll have to hit the link to see the teeny tiny oversight. And do take some time to look around the guy's site. He has a keen eye and a wicked sense of humor.
#5
It's not REALLY about weather anyway, is it?
It's about forcing other people to do and live like you think is best for them. How much energy they use, how big of a house they live in, what kind of shoes they wear, and lately we've even heard rumblings about stipulating what people should be allowed to eat or drink.
#6
Not long ago I listened to a guy who looked at all of the global warming temperature data worldwide, and dis some analysis of the sensor sites themselves, not the recording. overwhelmingly the data come from US stations at parts of western Europe. Most of the data comes from stations erected in the past 100 years, with lesser data going back as much as 200 years.
Most of the sites outside the US are suspect for continuity and maintenance, but overwhelmingly, the sites with higher confidence levels were built and maintained in some level of proximity to human habitation. No compensation for the data is reflected in the baseline records for urban encroachment, differences in the actual structures housing the collection mechanisms ( paint color, material for the containment box, proximity to other systems like roof tops of buildings with differing roofing materials over time), nor for the encroachment of urban environments.
In essence, the fundamental data from which warming trends is extrapolated is corrupt or suspect. Over the years, all those tar roofs, pavement, HVAC systems, smog, all reflective of the disporportionate heat-sink that is an urban environment, has not been correlated into the baseline data.
A new study conducted on archeological finds suggests that humans may have evolved over 80,000 years earlier than previously believed.
Dating the stone tools found in the 1970s at the archaeological site of Gademotta, in Ethiopia's Rift Valley, researchers at Berkeley Geochronology Center found that the volcanic ash layers of the site were at least 276,000 years old.
The argon-argon dating - a technique that compares different isotopes of the element argon - showed that the tools were much older than the oldest known Homo sapien bones, which date back to around 195,000 years ago.
The tools are believed to be associated with the emergence of the modern human species, Homo sapiens, the National Geographic reported.
"It seems that we were technologically more advanced at an earlier time that we had previously thought," said study co-author Leah Morgan, from the University of California, Berkeley.
Archeologists believe Gademotta attracted many settlers because of its close proximity to fresh water and its rich resources of a hard, black volcanic glass, known as obsidian. "Due to its lack of crystalline structure, obsidian glass is one of the best raw materials to use for making tools," Morgan explained.
Lack of skeletal remains makes it difficult for archeologists to determine whether Homo sapiens created the Gademotta tools or other human species may have had the required mental and manual abilities to forge them.
Posted by: Fred ||
12/06/2008 00:00 ||
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Judging by my reaction to Raquel's picture, I'm guessing I'm not a member of the genus Homo.
#3
It has long been known that, at the time of the arrival of Europeans to North America, very culturally advanced tribes existed right next door to very primitive tribes.
While they were all technologically still Stone Age, technology is a poor descriptor of civilization. Some of the primitives were like what we think of as cavemen, living next door to tribes that were intellectually about on a par with the European Age of Reason.
Now extrapolate that to 200,000 years of humanity. It is not hard to imagine very intellectual, yet less-technological societies flourishing side by side with what we think of as entirely intellectually primitive societies. And yet we think of them all as cavemen.
The decisive factor in human evolution appears to be the cultural trait of expansionism. Many more advanced societies seemingly abhorred the idea of leaving their home turf, which ultimately exterminated them. Only when nomadic peoples arose, did humanity start to evolve in earnest.
And when tribes became expansionistic, both cultural and technological development exploded. This is where we see the first traces of nations and history, and when man made the jump from stone to bronze to iron.
#4
funny what future archeologists will make of the fact that most of the "humans" currently living in caves wear turbans and live in Pakland
Posted by: Frank G ||
12/06/2008 10:27 Comments ||
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Chimps, gorillas, and bonobos live, if not side by side, in similar environments. Ditto several species of baboons.
Human evo did not, apparently take place as a matter of linear succession. No reason there could not have been two or even three vairants living simultaneously.
After all, Peewee Herman and Hulk Hogan are both considered Homo Sap, but if their skeletal remains were discovered a million years from now, the question would be whether Hulk had a pet or Peewee a draft animal.
Anybody who discovers a skeleton more than, say, 100k years old wants to have discovered a new species. Get their name on it, and all.
Posted by: Richard Aubrey ||
12/06/2008 10:51 Comments ||
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She's a homo? Pity for the majority of us guys.
Posted by: Richard of Oregon ||
12/06/2008 13:14 Comments ||
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It is not hard to imagine very intellectual, yet less-technological societies flourishing side by side with what we think of as entirely intellectually primitive societies. And yet we think of them all as cavemen
You just described the whole Middle east.
Posted by: Rednek Jim ||
12/06/2008 14:39 Comments ||
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Gunmen armed with automatic weapons and grenades fired on Philippine police officers who were tailing them, leaving at least 17 people dead in a fierce shootout in a Manila suburb on Saturday.
Officers were following suspected members of a robbery gang when the gunmen sensed the surveillance and opened fire, triggering the gunfight late Friday near a residential subdivision in suburban Paranaque city, metropolitan Manila police chief Leopoldo Bataoil said.
He said the gunmen, some armed with M-16 rifles fitted with grenade launchers, thought they had been cornered and fired at everyone in sight. "When they found out they were being trailed ... they went berserk," he said. "They fired all around, including at a flammable tanker beside a warehouse."
Among those killed were 12 suspected members of the gang and a police officer. Four people nearby, including a man and his 7-year-old daughter who were sitting inside their car, were also killed.
Authorities earlier had received tip that the group was planning to rob the warehouse, and police deployed dozens of police around the area to apprehend the suspects, according to Bataoil. He said at least three of the gunmen were able to escape in a car they commandeered after firing a grenade at a gatehouse at the entrance to the community, wounding two guards. Three police officers were also wounded, he said.
Bataoil said investigators believe the assailants belonged to a violent gang whose members have posed as police officers, adding that two of the slain gunmen were found wearing police-style bulletproof vests.
The group has been blamed for the killing of bank teller and two guards of an armored truck that was picking up money from a bank on the University of the Philippines campus last month.
3AM, a bad guy gets pulled from the squad car trunk, gets a tap behind the ear, a gun and 2 rounds of bullet get thrown to the ground, then picked up, ambulance gets the call, "he's dead, Jim".
/call me cynical
Posted by: Frank G ||
12/06/2008 20:10 Comments ||
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Crude oil prices plunged below $40 on Friday to their lowest levels in nearly four years, as worse-than-expected jobs data in the United States raised prospects of a severe decline in energy demand. In London, Brent North Sea crude slid to $39.50 a barrel, the lowest level since the January 2005. $40/barrel is roughly $1.50 a gallon for gas: a buck for product, 50 cents for taxes, title, tags, and transportation.
Posted by: Fred ||
12/06/2008 00:00 ||
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#1
I won't be content until I'm bothered on the street by people collecting for famine relief in Saudia.
#2
This really puts the oil exporters in a double-bind. If they attempt to lower production, it further reduces revenue. Countries like Iran and Russia really need the revenue. Countries like Iraq are prepared to INCREASE production to increase revenue. As Iraq increases production it will put pressure on other countries to increase their production as well because Iraq can offset any decrease they might try and keep prices low.
So basically Iran is in a position where it can ship X million barrels for $40 dollars a barrel or X-1 million for $40 a barrel. Decreasing production in that scenario only reduces revenue. We could be in a production battle soon with a flood of oil in the face of reduced demand.
That is what happens when an economy of several countries depends on one product.
#5
And the marginal cost thingy comes into play to. The Iranians may be close to the point where they lose money on every gallon they sell. But they'll make it up on volume.
#6
Unfortunately, as the price of oil drops, so does our collective motivation to seek alternative energy sources. Personally, I'd love to see the government set a floor of $2.50 and use the difference to fund investment in alternative energy. After paying $4/gallon, $2.50 seems positively 'cheap'.
#7
I'd rather see the govt. keep the BILLIONS of our tax dollars that they hand out to America hating assholes all over the world that chant 'Death to America' in the streets and use that money for alternative fuel development. Leave gas at $1.60 a gal and give US a goddamned break for once in my lifetime.
#8
If ALL producers successfully cut production, the rise in price will be sufficiently large to increase TOTAL revenues (because the demand for oil is highly inelastic, particularly in the short run). However, the incentive to cheat on cartel agreements is substantial.
#9
So, Iraq can pay back Iranian interference with their internal development by pumping as much oil as they can and get cash back in return. A twofer.
But wait, didn't we just have the 'experts' say we had met Peak Oil(tm) and that high prices were now the future? /sarcasm off
#13
The lower prices affect aviation, also. Here in Anchorage, 100LL avgas goes down to $3.64, from a high of $5.96. That is a savings of $24/hour on my bird.
Posted by: Alaska Paul ||
12/06/2008 17:02 Comments ||
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#14
Good! Then you can fly me out to Galena and back for $ 10. eh?
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.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
Zimbabwe's crumbling economy and services have transformed this South African border town into a teeming district of shoppers, asylum-seekers and job hunters. Now something new has traveled south across the river that divides the two countries: cholera.
(SomaliNet) French President Nicolas Sarkozy has announced a 26 billion euro stimulus plan to support his country's faltering economy.
Former President Bill Clinton said Friday the U.S. government has no choice but to spend its way out of its worst economic crisis in decades.
A new study conducted on archeological finds suggests that humans may have evolved over 80,000 years earlier than previously believed.
Gunmen armed with automatic weapons and grenades fired on Philippine police officers who were tailing them, leaving at least 17 people dead in a fierce shootout in a Manila suburb on Saturday.
Crude oil prices plunged below $40 on Friday to their lowest levels in nearly four years, as worse-than-expected jobs data in the United States raised prospects of a severe decline in energy demand. In London, Brent North Sea crude slid to $39.50 a barrel, the lowest level since the January 2005.
