Russia’s state-owned Rosneft put the final touches to its takeover of TNK-BP on Thursday to become the world’s largest publicly traded oil company. The deal for the purchase of TNK-BP from Britain’s BP and the AAR consortium of Russian billionaire shareholders places Rosneft ahead of Exxon Mobil and Royal Dutch Shell in terms of crude [...]
Rosneft Closes TNK-BP Deal To Become World’s Top Oil Producer
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Pristina, Belgrade To Seal Deal On North Kosovo In April
By Bojana Barlovac Serbia and Kosovo are “close” to hashing out a deal on the Serb-run north of Kosovo, planned to be finalised in Brussels at the next round of talks on April 2. The EU Foreign Policy Chief Catherine Ashton said she was hopeful that Serbia and Kosovo will be able to “finalise a [...]
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Why All Continue To Dodge Money Laundering Issues – OpEd
When the United States’ authorities chose not to indict HSBC in a money-laundering case, they were apparently swayed by concerns that the criminal charges could “endanger the bank’s prospects” and concurrently “destabilize the global financial system.” The United States, in particular, and the world, at large, could do without a Lehman Brothers repeat, it was offered. [...]
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India: Conscious Citizens’ Meet Cries For Certainty In Wildlife Conservation
It was a crowded citizens’ meet organized at Guwahati Press Club on March 14 that elaborately discussed about the wildlife conservation effort in northeast India, where the speakers unanimously urged the province government of Assam to immediately hand over the case of rampant wildlife poaching in various forest reserves of the State to the Central [...]
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Why Are There No Resolutions Against The US? – OpEd
By Shenali Waduge It was a child who eventually pointed out that the Emperor was without clothes as he proudly paraded the streets naked fooled by all his advisors who were too afraid to tell him the truth. Similarly, that Emperor is the US inclusive of the NATO allies parading round the world preaching human [...]
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Al-Qaeda, Hezbollah, Hamas And Fatah: A House Divided – OpEd
Al-Qaeda is at daggers drawn with Hezbollah. As Zvi Bar’el, Ha’aretz columnist, puts it, a new ally has joined Israel in the struggle against Hezbollah. Al-Qaeda is a Sunni organisation. Taking over as commander of the Syrian branch earlier this year, Majd al-Majd controls some 6,000 militants supporting the rebellion against the Assad régime. Hezbollah, [...]
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Why The World Loved Chavez? – OpEd
There have been different accounts of how Chavez died. Some reports suggested breathing problems, others pneumonia and the latest news claims that it was a heart attack that finally killed him. How he died might make news headlines but the wide interest in the way in which he died is only important because of the [...]
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Cyprus Announces New Bailout Plan, Drops Proposed Tax
(RFE/RL) — Crisis-hit Cyprus has announced an agreement between political parties to establish a solidarity fund as part of a new bailout plan. President Nikos Anastasiades made the announcement after a meeting that lasted for several hours on March 21. Cypriot leaders also agreed to drop a hugely unpopular tax on bank deposits that had [...]
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Ayatollah Khamenei Delivers New Year’s Message
Iran’s Supreme Leader identified politics and economics as his country’s chief challenges as he marked the Iranian New Year, which began on March 20. Ayatollah Khamenei acknowledged the “severity” of international sanctions imposed on Iran but added that, rather than crippling Iran, the sanctions had given rise to “numerous achievements.” He also acknowledged that the [...]
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Egypt’s Judges Claim Muslim Brotherhood Is Illegal, Recommend Dissolution
A group of Egyptian judges have recommended to one of the highest administrative courts in the country that the Muslim Brotherhood should be dissolved based on its legal status, AP reported on Thursday. Under current laws, all non-governmental organizations in Egypt must be registered and although the Brotherhood claim they have done this, there is [...]
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Xi Jinping On Sino-Indian Relations – Analysis
In his first visit abroad as the President of China since assuming office on March 14, 2013, Mr. Xi Jinping is scheduled to visit Russia, Tanzania, South Africa and the Republic of Congo from March 22-30 and attend the fifth BRICS (Brazil, Russia, India, China and South Africa) summit on March 26-27 in Durban, South [...]
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Sri Lanka Has Plenty Of Friends In India: Tamil Nadu Is Just One State – OpEd
By Shenali Waduge When the political party implicated in the murder of Rajiv Gandhi becomes more important in terms of political survival for the Congress and the widow of Rajiv Gandhi we will say no more. The choice is in the conscience. Sri Lanka does not need to go begging to India for support. We [...]
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Cyberwar And International Humanitarian Law – OpEd
Hostile states, non-state actors and individuals have not only taken to the internet as a means of expressing themselves, but have also created a hotbed of conflict. Whilst Public International Law does not have any mechanism in place to handle cyberattacks, International Humanitarian Law may provide some important answers. By Kirthi Jayakumar The word ‘war’ invariably prompts images [...]
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Introducing BRICS From Above And BRICS-From-Below – OpEd
By Patrick Bond In Durban, South Africa, five heads of state meet on March 26-27 to assure the rest of Africa that their countries’ corporations are better investors in infrastructure, mining, oil and agriculture than the traditional European and US multinationals. The Brazil-Russia-India-China-SA (BRICS) summit will also include 16 heads of state from Africa, including [...]
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Syria Teeters On Obama’s ‘Red Line’ – OpEd
By Nile Bowie The pages of history tell us that beautiful civilizations emerged and prospered in the ancient cities of Damascus and Aleppo, some of the oldest continually inhabited cities on earth. The harrowing circus of brutality that is the Syrian conflict, now in its third year, will soil and blacken those pages indefinitely. No [...]
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Bitcoin To Become Borderline Illegal In US – OpEd
After a surge in interest in the world’s first independent digital currency, the ECB decided to publish a pamphlet, criticizing it. The US government chose a more direct route of fighting the spread of bitcoins. The bitcoin currency will be regulated by the government and the users of bitcoin risk becoming the prime targets for [...]
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U.S. Seeks To Cut Off Iran’s Use Of Euro
The U.S. is looking at sanctions that would prevent Iran from using the euro in its international business dealings. U.S. sanctions have already cut off most of Iran’s access to international transactions using U.S. dollars and, as a result, Iran has to carry out its business in other currencies. The Associated Press reports that U.S. [...]
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Total Launches Moho Nord Development In Republic Of Congo
Total, operator of the Moho-Bilondo license, announced Friday the final investment decision and EPC contract awards for the Moho Nord development, consisting of the Moho-Bilondo Phase 1bis and Moho Nord projects. First oil is expected in 2015, with output reaching 140,000 barrels of oil equivalent per day (boe/d) in 2017. The joint development represents an [...]
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Kurds Declare Long Awaited Ceasefire In Turkey
Kurdish separatists in Turkey took an historic step by declaring a ceasefire on Thursday. The decision, taken by the jailed leader, Abdullah Ocalan, ended 30 years of armed conflict, thought to have killed around 45,000 people, most of them Kurds. The announcement was designed to coincide with Kurdish new year, or ‘Nowruz’ and came in [...]
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Eni Awarded Five Offshore Exploration Blocks In Gulf Of Mexico
Eni was the highest bidder in five offshore exploration blocks within the Central Gulf of Mexico Lease Sale 227 that took place in New Orleans. The blocks are located in Mississippi Canyon and Desoto Canyon in water depths from 1,400 feet (around 400 meters) to 8,000 feet (around 2500 m) and they consolidates Eni’s acreage [...]
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