Vladimir Sergeyevich Vakhmistrov, of the Russian Airforce's scientific test institute, started work in June 1931 on combinations of fighters rigidly
2016/01/12: a story that passed largely unnoticed in our American world. Sitting atop some of the planet's great oil reserves and getting 73% of their revenues from oil sales (income that dropped by 23% last year), the Saudi royals just hiked the domestic price of gas at the pump by 40%. Though it still remains dirt cheap by global standards, that act -- which is like charging for salt water in the middle of the ocean -- is an indication that something startling is going on. And note that, in the years to come, that kingdom's rulers are planning to cut back on similar subsidies for “electricity, water, diesel, and kerosene.” In other words, the world’s largest oil producer and a country of striking wealth (and foreign reserves) no longer feels comfortable giving away gas to its own population, even though this is part of a bargain it struck long ago for peace in the kingdom.
And the reason for this has little to do with Iran or Syria or Yemen or Iraq or the Islamic State. The problem is far more basic, as TomDispatch’s resident energy expert Michael Klare points out today. It’s the price of oil, which in the last 18 months has dropped through the floor. In a sense, the oil business -- with its constellation of giant energy firms, until recently among the most profitable companies in history, and its energy-producing states, until recently riding high -- may prove to be the natural-resource equivalent of a failed state, and, as Klare makes clear, the changing economics of oil will transform the political face of the planet. So keep your eye on Saudi Arabia. Things there could get ugly indeed.
Nel giorno in cui il petrolio è calato per la prima volta dal 2003 sotto i 30 dollari al barile, si è diffusa la notizia che la Russia ha deciso di tagliare la spesa pubblica del 10% perché gli introiti dalla vendita di idrocarburi stanno calando a picco. Lo hanno rivelato due fonti dell'esecutivo a Reuters. I tagli
In 2015 we witness a rare geopolitcal power shift - and in the face of every kind of new external challenge the leaders of the EU and the USA have never looked weaker or more bemused
Milorad Dodik, the president of Republika Srpska, one of the two administrative entities in Bosnia and Herzegovina, claims that Russia has played a crucial role in the fight against ISIL radicals in Syria, preventing the protraction of the Syrian conflict.
While we tend to think of the refugee crisis sparked by the Syrian conflict as incidental to the broader conflict with the self-proclaimed Islamic State,
Vladimir Putin's military intervention is less about defeating Isis than about establishing himself as the ultimate counter-revolutionary leader.
Turkey is getting desperate. Under President Recep Tayip Erdogan and his party, the Justice and Development Party (AKP), its policies toward the conflict in Syria over the past four years have been misguided and costly. When conflict broke out in 2011, Ankara mistakenly under-estimated the strength of the Assad regime and supported hardline Islamist groups seeking its downfall. In the process, Turkey also marginalised the Kurds and alienated regional powers like Iran.
Russia had it coming. Turkish fighter jets today shot down a Russian Su...
The Petrodollar, long serving as the US leverage to encourage and facilitate USD recycling, and a steady reinvestment in US-denominated assets by the Oil exporting nations, and thus a means to steadily increase the nominal price of all USD-priced assets, just drove itself into irrelevance. A consequence of this year's dramatic drop in oil prices, the shift is likely to cause global market liquidity to fall. This decline follows years of windfalls for oil exporters such as Russia, Angola, Saudi Arabia and Nigeria. Much of that money found its way into financial markets, helping to boost asset prices and keep the cost of borrowing down, through so-called petrodollar recycling. But no more: "this year the oil producers will effectively import capital amounting to $7.6 billion.
L'Europa tedesca è altrettanto realistica dell'acqua secca o del legno ferroso. Lo conferma la tragedia greca, di cui stiamo sperimentando solo le prime battute
There is still a lot of controversy about Alaska's cession to the United States by Russian Emperor Alexander II; some experts call the treaty in question, suggesting that Alaska may hypothetically be returned to Russia.
An emerging bailout deal between Greece and its creditors likely would continue the status quo of austerity. This ongoing economic pain may embolden Gree...
The Soviet military mapped the entire world, but few have seen the actual, physical maps-until now.
Europe should stop being "useful idiots" of the United States, as the falling commodity turnover between Russia and the European Union undermines the interests of the EU and the Russian Federation, a Czech member of the European Parliament said on Thursday.
La piccola repubblica del Caucaso ospita i primi Giochi Europei ma si trova in Asia. Tra Islam e Occidente, tra Putin e la Ue. Bruxelles l'ha scelta come nuovo alleato chiudendo gli occhi sui diritti umani calpestati. Parlano gli avvocati e i familiari degli attivisti finiti in carcere)
Retired US Army Colonel Douglas Macgregor claims that plans to make the US Army more agile and mobile at the expense of heavy weapons are paving the way for future military disasters.
Secondo fonti anonime governative le mani del whistleblower sarebbero 'sporche di sangue'. Tutti i dubbi, le bugie e le contraddizioni dell'articolo pubblicato dal giornale di Murdoch.
The situation in is Ukraine deteriorating, but the G7 powers apparently have nothing to add.