peter, sydney
pre 14 godina
Michael R.:
> After all, the current price of oil is too low for a high cost producer such as Russia to make a profit.
No. Current oil price is just under US$80/barrel. Russian 2010 budget break-even point is just above US$50/barrel.
> As you may know, the USA has weathered this storm rather nicely. Hardly anyone here remembers it.
Unfortunately, all the US has 'weathered' is a wave of events called the GFC. By not only not addressing the core problem of public debt, but by substantially adding to it, all the US has done is to shift the problem down the track a few years.
There will be another wave, & it will be much larger - just as the last wave was much larger than the previous one.
Process is called 'positive feedback' & usually ends with catastrophic failure.
Amer:
> I'd be really nervous if people were as unconcerned about the situation as you imply - that would mean there would be no chance for the changes that are necessary.
'Amer', the 'voting public' is one of the dumbest & most short-sighted of creatures - with the US version being espectially so. And even if their random walk just happens to take them in the right direction, there's still the small matter of passing anything even remotely effective through both houses of government - with once again, the US version being the least effective given the power of special interest groups & the whole lobbying process.
So be very, very nervous.
VaguelyInformed:
A couple of points.
I actually agree with most of what you've said, but in all that text, you seem to have largely forgotten to mention 1244.
And as all the parties were signatories to this UN resolution, & the resolution deals specifically with the political solution of the Kosovo question, one would expect 1244 to play a fairly important role in the ICJ's deliberations
Also, your conclusion that 'deadlock favours Kosovar independence' is merely subjective opinion & outside your field of expertise. My personal opinion is that a nuanced ruling in favour of the serbs is the most likely - resulting in stasis - which would most certainly not favour the K-albanians.
In the unlikely event that a truly 'neutral' result be handed down, even that would be insufficient to substantially alter the situation on the ground, save in perhaps a few more recognitions.
Without agreement from Serbia, pseudo-state will still be locked out of the EU & the UN. And that will not change regardless of the 'pressure' that the west exerts in the form of EU accession etc - not when it comes to Kosovo.
As for a nuanced result favouring the K-albanians, find this unlikely in the extreme.
Time will tell.
ron:
> I would invite them to read again the above mentioned resolution where Kosovo is only mentioned as being part of Yugoslav Federation and not Serbia.
Nope - "International documents relating to the FRY, especially UN Security Council Resolution 1244, would relate in their entirety to Serbia as successor." http://news.bbc.co.uk/2/hi/europe/1874523.stm
B92:
> No. Carrying a news agency report, along with its headline.
Apologies - assumed that you guys wrote all the headlines if not the text.
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