#1
Wehell, looks like the people at CIA, NASA, + SPace Perts finally got around to see "THE AVENGERS: AGE OF ULTRON", espec the end scene.
As Solar activity/changes steady intensifies the heating of Terra Firma/Gaeia, THE SCENARIO IS THERE THAT IT MAY NOT BE JUST THE PERSIAN GULF THAT GETS TOO HOT FOR HUMANITY.
#2
OTOH NASA, C2cAM, WORLD MILITARY FORUM > EARTH'S GRAVITY IS PULLING APART THE MOON: LUNAR SURFACE HAS 3,200 CRACKS + COUNTING.
Whaddya know, so in the Year 2030 when Guam + World Residets look up + see explosions on the Moon, IT WASN'T THE SUN OR A TEXAS-SIZED ASTEROID THAT DONE IT BUT GOOD OLE' MAMA EARTH???
Personally, I'm still betting on the Sun + Sun-led changes to planetary system gravitational fields.
#3
A second order abstraction based on a worst case scenario projected eighty years into the future... of a model that does not predict the present pause. Useful as an exercise, perhaps, and as yet another demonstration that the New York Times completely fails to understand how science works.
#4
Predicting the future is so simple. After a few searches:
In May 1987 the New York Times (NYT) closed 47.67 $US(1987) with inflation (another search) that is 103.15 $US(2015). If they opened today at $12.75 $US(2015)... Extending this linear progression by 2020 (or thereabouts) they will be worthless. So if you hold (NYT) sell, sell, SELL!
#5
Good for the Arabs that they have lots of oil so they can keep their air conditioners running. If they wanna move somewhere else, let them have Antarctica.
#9
My rhought when I saw this on news crawl on GMA was "What manmade thing could sterlize the area?" Who says climate is the only thing that could make things "hot". As the joke after 9/11, get worried when the marines are issued Windex!
[AlArabiya] Kuwait's ruler called on Tuesday for officials in the oil-rich state to seek alternative revenue sources and reduce public expenditure after state income dropped 60 percent due to a sharp slide in crude prices.
Considerably less money for funding mischief? A happy thought!
Addressing parliament at the beginning of its new term, Sheikh Sabah al-Ahmad Al-Sabah urged citizens to understand the new measures.
"The decline in global oil prices has caused state revenues to drop by around 60 percent while spending remained without any reduction leading to a huge deficit," the emir told politicians.
He called for "speedy actions to adopt serious and fair measures to complete economic reforms... and reduce public expenditures."
"Any delay would only increase the budget deficit and make the cost (of reforms) higher," the emir said.
Oil prices have lost around 60 percent of their value since June 2014, hitting the coffers of energy-dependent countries like Kuwait.
Oil income accounted for about 94 percent of Kuwait's revenues during the past 16 years, when the emirate posted a budget surplus and piled up massive fiscal reserves of around $600 billion.
The reserves are invested mostly abroad by the country's sovereign wealth fund.
The International Monetary Fund said in a report last week that under existing conditions, the reserves would be enough to last Kuwait for the next 23 years.
But Sheikh Sabah said the government should avoid tapping the sovereign fund to finance the budget shortfall.
#2
$600B works out to $500K for each citizen. They should take the money and retire to Costa Rica. You know, before the Middle East gets too hot to support life.
#1
oops sorry folks in my excitement at the prospect of the exporters of sharia running out of puff, i forgot to select the *section* - and it has gone to WOT operations automatically. Apologies. Well, it will affect wot operations if it happens!
#4
My only question is, How many of the actual Saudis will be able to flee before they are killed by all the serfs that actually do the work in their country?
#5
Don't worry about the poor Saudi princes, Darth. They will have stored their wealth in Swiss and US bank accounts long before any crash. They will simply flee to their foreign villas.
Posted by: Rambler in Virginia ||
10/28/2015 12:16 Comments ||
Top||
#6
I think the ones who do all the work in Sod are Paks and Philippinos. Just hope the Soddies let them leave when they can't pay them anymore.
#7
The Saudis will let the price of oil rise before 2020. Their cash flow problem is of their own creation. IMHO it is an attempt to keep Iran and Russia poor until a real American leader becomes president again.
Posted by: Sven the pelter ||
10/28/2015 13:21 Comments ||
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#8
It seems the Saudi Princes attempts to supplement their sliding oil income with drug dealing money has hit a road block in Beirut. (Or maybe he was just trying to get the meth to his ISIS buddies for their personal battlefield use.)
[AnNahar] Two men and a woman were convicted at trial in New York on Monday of illegally exporting high-tech electronics from Texas to Russian military and spy agencies.
They were among 11 people charged in the United States in 2012 over a scam that allegedly illegally exported millions of dollars worth of electronics to Russia under the guise of civilian deals.
Five others have pleaded guilty, including the Russian-American businessman who owned the Arc Electronics corporation in Houston, Texas. The other three are in Russia and beyond the reach of U.S. law.
Alexander Posobilov faces up to 185 years in jail, Shavkat Abdullaev 65 and Anastasia Diatlova up to 25 years for shipping electronics to Russian government agencies when sentenced by U.S. District Judge Sterling Johnson.
Among the items shipped were devices used in military hardware such as radar and surveillance systems, missile guidance systems and detonation triggers, U.S. prosecutors said.
"These defendants were key players in a sprawling scheme to illegally export sophisticated technology to Russia," said Robert Capers, U.S. attorney for the Eastern District of New York.
"Through lies and deceit, the defendants and their co-conspirators sold over $30 million of microchips, much of which was destined for Russian military and intelligence agencies."
Russia's intelligence agency, the Federal Security Service ... the successor to the KGB... , was one of those supplied with the goods, as shown in a letter from the FSB saying that microchips were faulty and needed to be replaced.
Posobilov, 61, Abdullaev, 37, and Diatlova, 41, were convicted of conspiring to and illegally exporting controlled electronics to Russia.
Posobilov, a U.S. citizen along with Diatlova, was also convicted of money laundering conspiracy.
Many of the goods shipped in the scam from 2008 to 2012 are not produced in Russia domestically, U.S. prosecutors said.
All three defendants worked for Arc.
Shortly before the trial, Arc president Alexander Fishenko pleaded guilty to all charges, including acting as an undeclared agent of the Russian government. He is awaiting sentencing.
Arc portrayed itself as a maker of traffic lights, and gave false information to manufacturers on the planned end-use of the electronics, and disguised the goods to avoid U.S. export controls.
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.