Global Events & Politics Überthread
- Thread starter Hawk
- Start date
Don’t want this to be lost at the bottom of a page. This is what the BL is on record supporting.
sturg33
I
Certainly not unreasonable, tyrannical, nor oppressive to literally trap citizens in their own homes to burn to death
what would we do without the experts & academics?!
[tw]1597961292354293760[/tw]
There is no such thing as an American company of this size anymore.
Apple should furthermore be treated as a foreign agent. We should be hostile to them and break them up into a million pieces I don't care what you naïve libertarians believe.
There is no such thing as an American company of this size anymore.
Apple should furthermore be treated as a foreign agent. We should be hostile to them and break them up into a million pieces I don't care what you naïve libertarians believe.
nsacpi
Expects Yuge Games
The European Commission has asked the bloc’s 27 member states to approve a price cap on Russian oil of $60 a barrel, according to people familiar with the matter.
The cap by the European Union’s executive body would set Russian crude prices significantly below the international benchmark, called Brent, which traded at about $88 a barrel Thursday.
If the EU agrees on the level, the Group of Seven nations need to sign off on it. The seven countries and Australia aim to have it in place by Monday.
The price cap is part of the West’s attempt to squeeze the Kremlin’s oil revenues while keeping global supplies steady and avoiding an increase in prices. It has been crafted as a way to try to allow Russian oil to sate global markets without Moscow getting the full benefit of its sale.
All 27 of the EU’s member states need to approve the cap, which would be reviewed every two months starting in mid-January, according to the proposal. But members have largely coalesced around a cap of $60 a barrel to such a degree that the commission believes it can get a deal at this level, the people said.
Russian crude trades at a significant discount to Brent, but since many buyers have shunned it altogether, price transparency has been more difficult. In some cases, Russian crude has traded well under $60 a barrel. Russia’s Urals crude fetched $48 a barrel when exported from the Baltic port of Primorsk on Wednesday, according to Argus Media, which assesses prices in commodity markets.
Senior officials from the bloc’s member states began discussing the proposal on Thursday afternoon. A decision is expected later Thursday, with the officials saying Polish officials requested time to check the commission’s plan with Warsaw.
https://www.wsj.com/articles/eu-ask...p-at-60-a-barrel-11669895309?mod=hp_lead_pos1
It should be added as an aside that this approach could potentially be applied to oil from say Saudi Arabia. Sellers cartel meet buyers cartel.
The cap by the European Union’s executive body would set Russian crude prices significantly below the international benchmark, called Brent, which traded at about $88 a barrel Thursday.
If the EU agrees on the level, the Group of Seven nations need to sign off on it. The seven countries and Australia aim to have it in place by Monday.
The price cap is part of the West’s attempt to squeeze the Kremlin’s oil revenues while keeping global supplies steady and avoiding an increase in prices. It has been crafted as a way to try to allow Russian oil to sate global markets without Moscow getting the full benefit of its sale.
All 27 of the EU’s member states need to approve the cap, which would be reviewed every two months starting in mid-January, according to the proposal. But members have largely coalesced around a cap of $60 a barrel to such a degree that the commission believes it can get a deal at this level, the people said.
Russian crude trades at a significant discount to Brent, but since many buyers have shunned it altogether, price transparency has been more difficult. In some cases, Russian crude has traded well under $60 a barrel. Russia’s Urals crude fetched $48 a barrel when exported from the Baltic port of Primorsk on Wednesday, according to Argus Media, which assesses prices in commodity markets.
Senior officials from the bloc’s member states began discussing the proposal on Thursday afternoon. A decision is expected later Thursday, with the officials saying Polish officials requested time to check the commission’s plan with Warsaw.
https://www.wsj.com/articles/eu-ask...p-at-60-a-barrel-11669895309?mod=hp_lead_pos1
It should be added as an aside that this approach could potentially be applied to oil from say Saudi Arabia. Sellers cartel meet buyers cartel.
nsacpi
Expects Yuge Games
How's that recession goin'
https://www.atlantafed.org/-/media/documents/cqer/researchcq/gdpnow/RealGDPTrackingSlides.pdf
https://www.atlantafed.org/-/media/documents/cqer/researchcq/gdpnow/RealGDPTrackingSlides.pdf
sturg33
I
the lecturer posted a link to the fed as proof of a strong economy... and the link is the fed reducing the gap forecast by 35% from weeks ago.
it is both hilarious and sad that young people go into crippling debt to learn from this idiot
sturg33
I
The Atlanta fed is also hopelessly optimistic.
Their track record is nearly as bad as yours.
I once posted them because even THEY saw a Q2 contraction.
You of course took the over. You of course were wrong. Again
sturg33
I
I'm with you. The explosion of part time workers and credit card debt is a clear indicator that things are strong.
What would we do without the academics