/signedOriginally Posted by dc_b4.mc
What do you think why SA tries to replace the cutbacks of the Libyan oil production. To keep the price stable. They could as well export as much as they did and watch the prices skyrocket.
But it would kick them in the teeth in the end as bad as us.
What a brilliant way of gathering intelligence while making Gaddafi nervous and make him use his resources less efficient.
Btw, we are very close in technology and cost for making reasonably performing survailance drones affordable for hobbyists and random mass media.
I would love to follow this with Al-Jazeera, BBC and random dudes who posts on tubes buzzing around with drones, perhaps in 2015?
seems like they are using drones, goverment TV's showed drones film from the air over enemy towns, the reconnaissance is havely in favor on the gorverments side
The market doesn't work that way thanks to the greedy speculators today.
Prices won't go back just because SA replaces Libya (actually, SA's spare capacity is bigger than Libya's total capacity. What an "ally")
Only way to make the prices down is to ease the fear of further instability.
Skyrocketing oil prices would on the other hand allow the SA leadership to import anything that can soothe the fairly poor majority of the population and even fund political reforms withouth making the about 20 000 princes less rich. Too few being able to pay for oil and the price crashing is a long term problem compared to the arab uprisings and the risk for a price crash is low as long as China and to a lesser extent India can continue to grow and replace other illiquid oil consumers.
This would crush much of the US and european economy but why should they care that much about us in the western world? One reason to care would be to protect the value of investments in the those countries and the value of the IOU:s given for the oil. Knowing how much this is worth for them would require knowledge about the long term plans for the Saudi government and so on and I have absolutely no idea about that.
I am weary that the SA need to keep oil prices low might be wishfull thinking.
Thats your version how SA and trade works
SkyNewsBreak Sky News Newsdesk
Sky correspondent: Airstrike takes place over Ras Lanuf
AJ reports that Gaddafi´s forces assaulted once again city of Az Zawiya and also that military assaulted also city of Misurata where they´ve been surrounded by rebels in central square. In other news, seems that pro-Gaddafi forces are trying to recapture Ras Lanuf and rebels claim that they were able to take down government helicopter. Seems that this is going to be a ruff week.
1305: On the detained UK special forces, a source in the rebel movement in Benghazi tells ******* he expects the situation to be resolved soon. "They are safe and in good hands. We do not know why they [the British government] did not get in touch first or [detail] the purpose of their mission."
On the Gaddafi 'gains' claims (including retaking Tobruk) http://www.bbc.co.uk/news/world-africa-12658405 'In the capital, Tripoli, officials said pre-dawn gunfire there was celebrating pro-Gaddafi "gains" of the towns.' Later on after the news announcement we see Pro Gaddafi civilians firing into the air on broadcast by BBC correspondents, (they'll be down to the cold steel if these celebrations carry on), who was 'celebrating before. Was there in fact some fighting on the outskirts of Tripoli early in the morning??
One key question is how much heavy equipment does rebels actually have in the east? Are pickup guys just group of eager dudes heading for west and real big force is still way behind frontline as defected officers want to make proper arrangements before rolling on.
Logistically, Tripoli seems unrealistic target, if they already suffer from fuel problems and such. If Gaddafi is using more air power it indicates that weather has improved, poor weather has so far helped rebels giving them cover.
Does anyone know how many Strelas Libya has? Every Rebel vehicles seems to have at least 1 with them... while they are only Strelas they are still rather expensive equipment?
I believe in market economy and that all debts sooner or later must be payed to preserve the trust between people, no trust no business.Thats your version how SA and trade works
I do not understand the financial sector and the little I grasp of it makes me very nervous, it seems to be like a giant pozi scheme that only partly is based on an actual ability to deliver goods and services that fulfills contracts for future payments, pensions and so on.
Please enlighten me about how it realy works. I dont realy know why the most powefull and influential sectors in my cultural sphere actually deserves their pay and bonus and after the financial crisis I expect that they could evaporate into nothing at any time leaving only the actual ability to imediately deliver goods and services and a lot of that might stay unused to to lack of core financial services such as transactions of trusted currencies for making barter go smoother. I hope there is resilence in the systems but I dont see it, its past my meager ability for understanding.
I got the impression that SA has a large and growing population that gets poorer as it grows since they are not needed to exploit the oil or create the nations wealth and a growing number of extremely rich princes that share and compete for the loot. They own a lot of the worlds assets thru earlier oil export, that and the ongoing oil export and perhaps other money influence seems to make a very harsch regime politically untouchable. SA seems to be a larger more entrenched version of Libya, perhaps with an even larger dependency on guest workers.
I realy hope these uprisings lead to more stable economical developments where the local populations makes more of the work and create more of the wealth and thus builds a diversified economy that can thrive withouth oil fields that act like money fountains. A megaboss who control a money fountain and pays his buddies well and feeds the rest of the people is obviously a fairly stable situation, Gaddafi kept it running for two generations, but the oil will run out and with that the ability to import food etc. On top of that is oil soon starting to run out globally and that is togeather with unstable weather making food more expensive and scarce and more people need to work and work efficiently, otherwise wont there be resources to fulfill the contracts and make all the food.
I interpret the general Arab uprisings as populations fighting for an ability to survive. At worst by taking their leaders wealth and try to distribute it and at best by creating a more efficient economy.
Plese give me another world view, I dont like the one I have.
1348: Volleys of gunfire are still hammering around Tripoli, says the BBC's Jeremy Bowen there. But he says there are questions being asked in Tripoli about the thousands of rounds that have been fired today. "Now, in daylight, it's clear that it is coming from Gaddafi supporters... But before dawn it sounded different, more like a fight. That's how it sounded. Different sorts of guns appeared to be exchanging fire. And later on, a Libyan man came up to me to say that there had been some sort of shootout going on, and the mass firing in the air and the celebrations had been started to cover it up."
the rebels in Benghazi are in control of maybe one third (or more) of Gaddafis heavy air defense (S-200 or similar). Why they don't use them, is the question :
1) they don't know how to use them
2) they don't work
3) they don't want to use them for tactical reasons
17:35 Al Jazeera Tanks are still engaged in shelling Az Zawiya. Electricity, telephones and internet are still cut from the city
17:33 Al Jazeera Gaddafi tanks are shelling Misratah from the western side
17:30 Al Jazeera Heavy presence of Gaddafi fighter jets and helicopters over the area of Brega right now
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