Tag Archives: wall street

Business/Economics, International, Technology, U.S.

Oil & Gas Prices: Big fire Down Under, Brazil oil rig “tilting”, Chevron hoping to get back to work in Brazil

“We don’t know what’s in the smoke, we don’t know what’s burning, we don’t know the toxicity of it.”-Kim Zander, Police Chief Inspector

For the second day a huge oil fire is raging in Wingfield, South Australia, Australia.  It’s a waste oil depot, and the city of Adelaide is being covered with toxic smoke.

More than 100 firefighters worked to control the fire. The fire is still raging but is contained.  Word is that it was an accident that started the fire.  Homes and businesses were evacuated.

The waste oil depot is owned by Mulhern Waste Oil, who recycles the waste petroleum oils for re-use.

In Brazil, Petroleo Brasileiro SA had shut down operation on their huge Alaska Star oil platform, after it tilted three degrees.

The platform is located over Brazil’s 7th largest underwater oil & gas field (the Albacora field).  Petroleo Brasileiro SA is the world’s largest deep water petroleum producer.

The Alaska Star platform is being operated by a contractor.  The platform was stabilized after a leak of “drilling fluid” was stopped.

Speaking of Brazil, Chevron is hopeful they will be allowed to resume operations, after the government shut them down because of a huge oil spill last year.

However, Chevron has to convince Brazilian inspectors first: “We are not convinced that Chevron has identified the causes of the accident and that the risks have been mitigated to the satisfaction of Brazilian society.”-Magda Chambriard, ANP

In 2011, 2,400 to 3,000 barrels spilled in the Frade field northeast of Rio de Janeiro. Brazil fined Chevron $28 million.  Brazilian officials accused Chevron of trying to hide up the spill: “We believe the accident could’ve been avoided. There was an environmental crime. They hid information and their emergency team took almost 10 days to start acting.”-Carlos Minc, Rio de Janeiro state’s environment secretary

 

Business/Economics, International, U.S.

Corporate Crime: BizJet agrees to pay $11.8 million fine for bribing foreign officials. Mexico will now take BizJet to court

Oklahoma based BizJet settled with the U.S. Justice Department, regarding the bribing of Mexican and Panamanian officials.

According to the U.S. Department of Justice announcement, BizJet will co-operate with ongoing investigations. Germany’s Lufthansa is also named as BizJet’s “indirect parent company” and will also co-operate with the Justice Department.

It was Lufthansa who discovered, and reported the bribery taking place between BizJet and Mexican and Panamanian officials.  The bribes concerned maintaining government aircraft in both countries.  Bribes involved Mexico’s Federal Police, the Mexican President’s fleet, the air fleets for the Mexican states of Sinaloa and Sonora, and Panama’s civil aviation authority.

Mexico’s Attorney General is now investigating the case as well.

 

 

 

Business/Economics, International, Technology, U.S.

Government Evil: Palestinians try to get around energy blockade by Israel, with solar panels. Now Israel will destroy them! UN says it’s part of Israel’s genocide of Palestinians!

“We are suspended between heaven and earth; the solar panels were a glimmer of hope for us.”-Ali Mohamed Ihrizat, the village head of Imenizil

Hundreds of Palestinians in the West Bank will be without electricity, because the Israeli military plans on destroying their green solar panels.

The panels are located in the southern part of West Bank.  They were built with the help of international charities, but the Israelis don’t care: “Using the backing of international assistance does not give immunity to violations.”-Guy Inbar, Israeli Defense Forces

The Israelis have control of the area, known as Area C under the 1995 Oslo Accords.  They’ve been slowing forcing out the Palestinians and replacing then with Israelis: “The denial of permits for Palestinians on such a large scale raises the fear that there is a specific policy by the authorities to encourage a ‘silent transfer’ of the Palestinian population from Area C.”-Peace Now statement, an Israeli activist group

An unnamed source within the United Nations says this all part of Israel’s genocide against the Palestinians: “From December 2010 to April 2011, we saw a systematic targeting of the water infrastructure in Hebron, Bethlehem and the Jordan valley. Now, in the last couple of months, they are targeting electricity. Two villages in the area have had their electrical poles demolished. There is this systematic effort by the civil administration targeting all Palestinian infrastructure in Hebron.”

And finally, which charities built the solar panels?  Why Israeli charities!!!

“The panels are not a security threat. It’s a positive project. What do they want? Do they want the people to be more poor? To be more violent?”-Noam Dotan, one of the Israelis who built the solar panels

 

 

 

International, U.S.

World War 3: Israel bombs Gaza as Palestinians reply with rockets, so much for the Egyptian brokered truce

March 14, 2012, not even two days after Egypt claimed they got Palestinians and Israelis to agree to a truce, bombs and rockets are flying.

Israeli officials claim they’re bombing Gaza Strip, because of a rocket attack on Be’er Sheva and Ofakim.

The Israeli airstrike hit south of Gaza City.

 

International, U.S.

World War 3: Firefight in Helmand, dozens of U.S. troops killed

Breaking news: Reports out of Afghanistan say a major battle between “Taliban” and U.S. led forces have left ten insurgents dead and as many as 21 U.S. led troops killed.

U.S. Defense Secretary, Leon Panetta, reportedly says events are “disturbing”.  Western media say at least two suicide bomb attacks also took place in Helmand.

International, U.S.

World War 3: U.K. soldier wounded in Afghanistan, USMC ordered to disarm in front of Leon Panetta

U.S. Defense Secretary Leon Panetta is in Afghanistan.  His plane was attacked while landing at FOB/COP Shukvani, in Helmand Province. An Afghan drove a stolen vehicle onto the runway as Panetta’s plane was landing.  Panetta was not hurt.  A British soldier was wounded.

There are unconfirmed reports that insurgents are claiming the attack was part of a new offensive they’ve launched in Helmand, in response to the Qur’an burnings, and the recent shooting of women and children in Kandahar Province by U.S. troops.

Another report says U.S. Marines were ordered to disarm before listening to a speech by Panetta: “All I know is, I was told to get the weapons out. Somebody got itchy, that’s all I’ve got to say. Somebody got itchy; we just adjust.”-Sergeant Major Brandon Hall, USMC

U.S. sources say the reason was to maintain uniformity with Afghan forces who are required to disarm in front of U.S. officials.

International, U.S.

World War 3: Syrian army takes control of Idlib, finds evidence of genocide by U.S. supported rebels

Syrian army took control of the city of Idlib, from the U.S./Israeli supported Free Syrian Army.  They are now airing video of evidence of genocide by the FSA.

One video shows that a sewer system was stuffed full of bodies. Of course pro-Western media still blame the mass killings of civilians on the Syrian government.

International, U.S.

Government Evil: Obama lies about having the support of the International Community against Iran

Obama continues to say the International Community are united against Iran: “I think they should understand that because the international community has applied so many sanctions.”

What does Obama mean by THE International Community?  Lets count the number of countries currently imposing sanctions against Iran: United States, Canada, Australia, Japan, South Korea, Israel, Switzerland, many but not all members of the European Union and India.  That’s about 36 countries, and there are 193 countries in the United Nations.  So, Obama is in a fantasy land if he thinks the International Community is behind the warmongering of the United States!

By the way, not all those countries imposing sanctions are going along with the U.S. fully. For example: India has sanctioned products that are used in the nuclear industry, but they refuse to stop buying Iranian oil. In fact the just made a deal with Iran, in which they can buy Iranian oil with Indian gold!

Oh, and don’t forget that several British oil companies (like BP) got exempted from the oil sanctions against Iran!

The fact that the majority of the International Community is not behind the U.S. raises a question concerning this statement by Obama: “Tehran must understand that it cannot escape or evade the choice before it: Meet your international obligations or face the consequences.”

If Obama is saying that Iran has violated international rules put forth by the United Nations, well the United States is even more guilty of that!

International, U.S.

Government Evil: David Cameron lies about why “we” are there

At White House press conference David Cameron was asked why he and Obama are losing support for the Occupation of Afghanistan.

He responded by saying: “You have to go back and remember that, you know, the vast majority of terrorist plots that were affecting people in the U.K., people in the U.S. came out of that country and that region.”

That has been proven to be false.  The majority of terrorist plots against the United States involved people from Saudi Arabia and other Arabian Peninsula countries!

Business/Economics, International, Technology, U.S.

World War 3: Obama says the U.S. will push for regime change in Syria and Iran, U.K. & U.S. military to be integrated!

U.S. President Barack Obama, speaking with U.K. Prime Minister David Cameron, stated they will continue and increase efforts to effect regime change in Syria and Iran.

“….we’re gonna keep up the pressure with the strongest U.S. sanctions to date and the European Union preparing to impose an embargo on Iranian oil. Tehran must understand that it cannot escape or evade the choice before it: Meet your international obligations or face the consequences.”  “…we agreed to keep increasing the pressure on the regime [Syria], mobilizing the international community, tightening sanctions, cutting the regime’s revenues, isolating it politically, diplomatically and economically.”-Obama

Obama also announced that the United States and the evil Red Coats will merge military forces and military industries!!!

“Finally, I’m very pleased that we’re bringing our two militaries, the backbone of our alliance, even closer. As I told David, I can announce that next month we intend to start implementing our long awaited defense trade treaty with the U.K.”-Obama

David Cameron said the uniting of Britain (remember they’re the ones our founders fought against to get our freedom!) and the United States is based on “conviction” rather than “convenience”.

“…there are some countries whose alliance is a matter of convenience. But ours is a matter of conviction. Two states, as I said this morning, united for freedom and enterprise. Working together day-in day-out to defend those values and advance our shared interests.”-Cameron

History shows societies that are driven by ideology (“conviction”), rather than “convenience”, are the most dangerous!

Cameron repeated Obama’s statements on Syria and Iran.