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As world oil production has never peaked before, there is no historical basis for making informed judgments as to what is going to happen.
All we know is that some six billion people, living in some 200 economies on this earth are soon going to be confronted with getting by on less than the 86 million barrels of oil per day (b/d) that we currently consume. The outcome of the interaction among all those people, all those countries and all that oil is too complex to foresee with any clarity.
Source: Falls Church News-PressAbout half the world’s apes, monkeys, and other types of primates are in danger of extinction, according to a new study that predicts a bleak future for many of humankind’s closest relatives.
Primates are falling prey to intense hunting and rapidly losing their habitats to deforestation, the study released Monday said.
Source: National GeographicMary McFate was a prominent gun control activist. Mary Lou Sapone was a freelance spy with an NRA connection. They are the same person. A Mother Jones investigation.
This is the story of two Marys. Both are in their early 60s, heavyset, with curly reddish hair. But for years they have worked on opposite ends of the same issues.
Source: Mother JonesThe last several years have brought a parade of dark revelations about the George W. Bush administration, from the manipulation of intelligence to torture to extrajudicial spying inside the United States. But there are growing indications that these known abuses of power may only be the tip of the iceberg. Now, in the twilight of the Bush presidency, a movement is stirring in Washington for a sweeping new inquiry into White House malfeasance that would be modeled after the famous Church Committee congressional investigation of the 1970s.
Source: SalonIt feels like the summer of 1931. The world’s two biggest financial institutions have had a heart attack. The global currency system is breaking down. The policy doctrines that got us into this mess are bankrupt. No world leader seems able to discern the problem, let alone forge a solution.
The International Monetary Fund has abdicated into schizophrenia. It has upgraded its 2008 world forecast from 3.7pc to 4.1pc growth, whilst warning of a “chance of a global recession”. Plainly, the IMF cannot or will not offer any useful insights.
Source: Telegraph UK