Western Powers and the Oil Prize in Libya

September 3rd, 2011

Imagine our shock.

Via: Guardian:

The starting pistol has been fired on bids by Britain and other western powers to secure a slice of the oil prize in Libya when France said it was “fair and logical” for its companies to benefit.

Alain Juppé, the French foreign minister, planted his flag in the sand as the Guardian was told that BP was already holding private talks with members of Libya’s interim government.

Libya is a vital energy producer, and BP had previously committed itself to spending more than $1bn on exploration plans under Muammar Gaddafi’s government.

Shell was also becoming active before the civil war broke out, as was Total of France, but the conflict over the past few months has brought the country’s existing oil production of 1.6m barrels a day – 2% of the world’s total – to a halt.

Rebel leaders had already made clear that countries active in supporting their insurrection – notably Britain and France – should expect to be treated favourably once the dust of war had settled.

But they were anxious to shut down any suggestion that firm promises had already been made to carve up the country’s only real wealth-providing industry with foreign powers or companies.

The new Tripoli government has denied the existence of a reported secret deal by which French companies would control more than a third of Libya’s oil production in return for Paris’s support for the revolution.


Now with More Hope and Change: Black Unemployment Highest in 27 Years

September 3rd, 2011

Via: CNN:

The August jobs report was dismal for plenty of reasons, but perhaps most striking was the picture it painted of racial inequality in the job market.

Black unemployment surged to 16.7% in August, its highest level since 1984, while the unemployment rate for whites fell slightly to 8%, the Labor Department reported.

“This month’s numbers continue to bear out that longstanding pattern that minorities have a much more challenging time getting jobs,” said Bill Rodgers, chief economist with the Heldrich Center for Workforce Development at Rutgers University.

Black unemployment has been roughly double that of whites since the government started tracking the figures in 1972.


And Now… Monsanto Corn Falls to Illinois Bugs

September 3rd, 2011

Horror movie or silly video game? Nope, just more innovation from Monsanto.

Via: Bloomberg:

Monsanto Co. (MON)’s insect-killing corn is toppling over in northwestern Illinois fields, a sign that rootworms outside of Iowa may have developed resistance to the genetically modified crop, according to one scientist.

Michael Gray, an agricultural entomologist at the University of Illinois in Urbana, said he’s studying whether western corn rootworms collected last month in Henry and Whiteside counties are resistant to an insect-killing protein derived from Bacillus thuringiensis, or Bt, a natural insecticide engineered into Monsanto corn.

The insects were collected in two fields where corn had toppled after roots were eaten by rootworms, Gray said today. Planting Bt corn year after year increases the odds that the bugs will develop resistance to the insecticide, he said. While the symptoms parallel bug resistance that’s been confirmed in Iowa, analysis of the Illinois insects won’t be complete until next year, he said.

“Whatever is the cause, it is generating a lot of concern.” Gray said in a telephone interview. “I wouldn’t say at this point it’s just an isolated field here or there.”

Related: Monsanto ‘Technology’ Breeding Superweeds and Pesticide Resistant Root Worms

Research Credit: EB


Gold Filling the Gap

September 2nd, 2011

Warning: This is not a recommendation to buy, sell or hold any financial instrument.

Flashback: “There’s more to that 38.2% level than meets the eye.”

Ok, here’s the current chart:

Spot Gold, Daily Interval

Spot Gold, Daily Interval

Now, longside could get rough headed back into the retest of $1912. Short termers: Get ready to lock it in, hedge it, pare it down, close it out, etc. etc. going into that high.


Homeland Security: The Decade’s Biggest Scam

September 2nd, 2011

Via: Salon:

The Los Angeles Times examines the staggering sums of money expended on patently absurd domestic “homeland security” projects: $75 billion per year for things such as a Zodiac boat with side-scan sonar to respond to a potential attack on a lake in tiny Keith County, Nebraska, and hundreds of “9-ton BearCat armored vehicles, complete with turret” to guard against things like an attack on DreamWorks in Los Angeles. All of that — which is independent of the exponentially greater sums spent on foreign wars, occupations, bombings, and the vast array of weaponry and private contractors to support it all — is in response to this mammoth, existential, the-single-greatest-challenge-of-our-generation threat:

“The number of people worldwide who are killed by Muslim-type terrorists, Al Qaeda wannabes, is maybe a few hundred outside of war zones. It’s basically the same number of people who die drowning in the bathtub each year,” said John Mueller, an Ohio State University professor who has written extensively about the balance between threat and expenditures in fighting terrorism.

Last year, McClatchy characterized this threat in similar terms: “undoubtedly more American citizens died overseas from traffic accidents or intestinal illnesses than from terrorism.” The March, 2011, Harper’s Index expressed the point this way: “Number of American civilians who died worldwide in terrorist attacks last year: 8 — Minimum number who died after being struck by lightning: 29.” That’s the threat in the name of which a vast domestic Security State is constructed, wars and other attacks are and continue to be launched, and trillions of dollars are transferred to the private security and defense contracting industry at exactly the time that Americans — even as they face massive wealth inequality — are told that they must sacrifice basic economic security because of budgetary constraints.

Despite these increasing economic insecurities — actually, precisely because of them — the sprawling domestic Security State continues unabated.

Research Credit: noncompliant


WikiLeaks: Iraqi Children in U.S. Raid Handcuffed, Shot In Head, U.N. Says

September 2nd, 2011

Via: McClatchy:

A U.S. diplomatic cable made public by WikiLeaks provides evidence that U.S. troops executed at least 10 Iraqi civilians, including a woman in her 70s and a 5-month-old infant, then called in an airstrike to destroy the evidence, during a controversial 2006 incident in the central Iraqi town of Ishaqi.

The unclassified cable, which was posted on WikiLeaks’ website last week, contained questions from a United Nations investigator about the incident, which had angered local Iraqi officials, who demanded some kind of action from their government. U.S. officials denied at the time that anything inappropriate had occurred.

But Philip Alston, the U.N.’s special rapporteur on extrajudicial, summary or arbitrary executions, said in a communication to American officials dated 12 days after the March 15, 2006, incident that autopsies performed in the Iraqi city of Tikrit showed that all the dead had been handcuffed and shot in the head. Among the dead were four women and five children. The children were all 5 years old or younger.

Related: WikiLeaks Makes All Its U.S. Diplomatic Cables Public


Microsoft Sued Over Phone Tracking

September 2nd, 2011

Via: Information Week:

Microsoft on Wednesday was sued in a district court in Seattle for allegedly tracking Windows Phone users without consent.

Plaintiff Rebecca Cousineau claims in the complaint that Microsoft is racing to develop a targeted location-based advertising system and has to map the locations of cell towers, wireless routers, mobile phones, and computers to do so effectively. The complaint alleges that Microsoft chose to collect this information from Windows Phone users rather than go through the expensive and laborious process of collecting the information itself.

“Microsoft’s scheme is executed through its camera application, which comes standard with a mobile device running the Windows Phone OS,” the complaint states.

The crux of the complaint is that Microsoft asks the user for permission to use his or her location the first time the camera application is opened and then ignores the user’s choice, collecting location data whether or not the user has consented.

“Microsoft brazenly continues to collect users’ location information, regardless of whether or not the individual chooses ‘cancel’ so as to not allow such information to be tracked,” the complaint states. “Thus, Microsoft surreptitiously forces even unwilling users into its non-stop geo-tracking program in the interest of developing its digital marketing grid.”

Microsoft declined to comment.

Related:

iPhone Keeps Secret Record of Everywhere You Go

Google Faces $50 Million Lawsuit Over Android Location Tracking


Cryptogon Readers Send Contributions and Sign Up for Hosting with Blue Host

September 2nd, 2011

Pookie sent $75, CB sent $50 and GB sent $50. Thank you.

Thanks also go out to the owner of tedpump.com for signing up for hosting with BlueHost. Cryptogon received $90 as a result.


August Earnings

September 2nd, 2011

Earnings in August came to a total of $1233.46. The five people who sent funds in August were all repeat contributors who have given too much already. I am, as always, grateful for your generous support.

Affiliate commissions were great. There had been a bit of a drought of BlueHost signups lately, but there were three in August, which was very nice. And $611 in commissions through U.S. Amazon… That’s over 60% of the minimum monthly goal just from U.S. Amazon sales. Thanks very much for using the affiliate links to support Cryptogon. It all adds up.


U.S. BACKED FORCES ROUND UP BLACK AFRICANS IN LIBYA

September 2nd, 2011

*wink* *blink* *nod* at the part in bold below.

Via: AP:

Rebel forces and armed civilians are rounding up thousands of black Libyans and migrants from sub-Sahara Africa, accusing them of fighting for ousted strongman Moammar Gadhafi and holding them in makeshift jails across the capital.

Virtually all of the detainees say they are innocent migrant workers, and in most cases there is no evidence that they are lying. But that is not stopping the rebels from placing the men in facilities like the Gate of the Sea sports club, where about 200 detainees — all black — clustered on a soccer field this week, bunching against a high wall to avoid the scorching sun.

Handling the prisoners is one of the first major tests for the rebel leaders, who are scrambling to set up a government that they promise will respect human rights and international norms, unlike the dictatorship they overthrew.

The rebels’ National Transitional Council has called on fighters not to abuse prisoners and says those accused of crimes will receive fair trials.There has been little credible evidence of rebels killing or systematically abusing captives during the six-month conflict. Still, the African Union and Amnesty International have protested the treatment of blacks inside Libya, saying there is a potential for serious abuse.

Aladdin Mabrouk, a spokesman for Tripoli’s military council, said no one knows how many people have been detained in the city, but he guessed more than 5,000. While no central registry exists, he said neighborhood councils he knows have between 200 and 300 prisoners each. The city of 1.8 million has dozens of such groups.

Justice Minister Mohammed al-Alagi told reporters this week that he’d visited several detention centers and found conditions “up to international standards.”

“We are building a Libya of tolerance and freedom, not of revenge,” he said.


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