THE ABSOLUTE INTIMIDATION.

THE ABSOLUTE INTIMIDATION. For two days I was letting to my “close” friends and “partners” lead the ‘conversation’. Letting them make the ‘leadership choices’ and adopt the ‘leadership role’. In this way acknowledging theirs ‘excellence’, taking this for granted and don’t “finding” faults. For two days these kinds of my silence, of my steady gaze – make they start spill theirs guts out and tell me the whole truth. But personally, I tell you what: I like lending of a helping hand. Let’s show a couple of examples. The Alistair Darling exiting from meeting dedicated to the City bonuses was visibly agarrado ao dick of alquem… BBC - the national TV – showing how the Elizabeth the II was talking to the Lady Gaga (?!). The message received on my mobile – offering me crazy (?) loans. The telephone call from City promising to send me detailed data in theirs “prognostics” – and then nothing. The “virtual offer” of one more son from Scotland Yard, etc. These insincere gestures of friendliness from nation of the shit from camel turned around and the cocaine Royal Family of Lancaster’s become a frequent occurrences. The ongoing…, let’s get this straight. That you, with the 100th Adam have been heavily bitten – may indicate only that facts are with me (i.e. Markets, Iraq, “crippled horse”, “drain”, etc.). The all that tools required to get job done perfectly. In this way, I have a little will, to correct you while you’re ‘speaking’. I let you go on and on. Once you’ve said your piece, I can without emotional outburst or exaggeration present my. To don’t freak out or to “work myself up”. But this ‘stuff’ it’s all very similar to the Engineering Management. The more praise I give a ‘friend’ or ‘partner’, the harder he/she or they will WORK to make things come perfectly together. On a totally different note, if I to go to make peace with a dorky, annoying CONSTANTINE or coworker – nothing is done. Was dreaming with a red trunk…,(luggage symbolizes your identity and sense of security?)

Mexico hedges against falling oil prices. December 8 2009 19:17. Mexico has taken out a $1bn insurance policy against oil prices falling next year, a clear signal that commodities producers remain wary about the threat of a double-dip recession. The world’s sixth largest oil producer said on Tuesday that it had hedged all its net oil exports for 2010, by buying protection against oil prices falling below $57 a barrel. “We want this as an insurance policy,” said Agustín Carstens, Mexico’s finance minister. “If we don’t collect any resources from this transaction, it’s OK with us.” That would mean the oil price had remained above $57 a barrel, he added. Mr Carstens suggested he was not expecting prices to fall that low, but added: “More than anything, it’s a hedge against a really bad outcome.” The move follows a successful hedging strategy at $70 this year which netted Mexico more than $5bn on the back of low oil prices between January and June. Although that figure is lower than expectations because of recent high oil prices, it still represents more than 7 per cent of Mexican government revenues this year. Barclays Capital, Deutsche Bank, Goldman Sachs and Morgan Stanley arranged this year’s hedge. Bankers said Barclays Capital was leading next year’s programme. Mr Carstens, joined by senior executives from the banks, said Mexico’s hedging showed that derivatives, “when used responsibly”, could be “very useful”. Mexico bought put options – contracts that give the holder the right to sell oil at a predetermined price. His view contrasts sharply with recent comments made by senior Chinese officials, who criticised some of the same banks for selling derivatives products, including oil hedges, to state companies. Many suffered heavy losses this year. Some of the biggest losses were suffered by airlines and shipping companies which purchased financial derivatives that forced them to pay oil prices above $100 a barrel, even when prices fell as low as $35 a barrel. Mexico has based its budget next year on an oil price of about $59 a barrel. Olivier Jakob, of the Swiss-based consultancy Petromatrix, said there was potential for a drop in oil prices in 2010 unless demand recovered meaningfully. “The fundamental supply and demand picture looks weak, but the weakness of the US dollar and financial flows are supporting oil prices right now,” he explained. Mexico, which relies on oil for up to 40 per cent of government revenue, has hedged far more of its oil exports than in the past. Normally Mexico hedged 20-30 per cent of its exports, bankers said.Next year it has hedged 230m barrels of oil.

The 100th British soldier to die in Afghanistan this year was named tonight by the Ministry of Defence as Lance Corporal Adam Drane.

Iraq Bombings No Deterrent to Bid Round. International Oil Daily (Wednesday, December 9, 2009). Iraqi officials say the country's second post-war bid round will go ahead as planned this Friday and Saturday, despite a wave of car bombings that shook central Baghdad on Tuesday, killing well over 120 people and wounding up to 450. Firms overstate Iraq oil potential - govt adviser. LONDON, Dec 7 (Reuters) - Some international oil companies have overstated how high they can take Iraq's crude oil production, a senior government adviser said on Monday, ahead of a second round of oilfield development tenders this week. Thamir Ghadhban, adviser to Iraq's prime minister and a former oil minister, told an industry conference that he believed 6 million barrels per day (bpd) was a realistic target for Iraq's oil output within the next 6 to 7 years. This is well below the estimates of 10 or even 12 million bpd that have been mentioned as a result of plateau production targets proposed by some foreign oil companies as they bid for Iraqi oilfield contracts. Iraq's Oil Ministry plans to auction off contracts for 10 untapped oilfields on Dec. 11-12, the latest chapter in a scheme to catapult it into the big league of oil producers. Contracts awarded since a first round of tenders in June alone have the potential to almost triple output to 7 million bpd. "With all due respect to IOCs (international oil companies) and their technical expertise, I think some of the plateau figures that were bid on in the first round were exaggerated and most likely unsustainable," said Thamir Ghadhban. "According to our plan an oil production rate of 4.1 million bpd will be achieved by 2012 and this will be ramped up to 6.0 million bpd by 2017," Ghadhban added. Last month, oil major BP and China's CNPC (0135.HK - news) signed a 20-year development contract for Rumaila, one of the world's biggest oilfields, sparking optimism over large increases in Iraq's crude ouput. BP and its partner committed to lifting Rumaila's output to 2.85 million bpd from 1.05 million bpd currently. PRICE PRESSURE. Agreements have also been inked with an Eni (Milan: ENI.MI - news) -led group for the Zubair field and an Exxon Mobil (NYSE: XOM - news) -led consortium for West Qurna. These three projects alone have the potential to lift Iraq's output by 4.5 million bpd from 2.5 million bpd currently, according to the projections provided by the oil companies. Even the lower estimate for production increases mentioned by Ghadhban could put pressure on oil prices given the slow pace of demand recovery following the global economic crisis and as the world works towards improved energy efficiency. Some analysts suggest Iraq could be damaging its own economy by allowing output to increase too rapidly. "What Iraq can gain from producing more oil it will lose in a fall in price," said Fadhil Chalabi, executive director at Centre for Global Energy Studies in London, in reaction to Ghadhban's speech on Monday. Iraq is a member of the Organization of the Petroleum Exporting Countries (OPEC) but does not have an output target. OPEC has held its formal output targets steady all year following a decision announced last December to cut supplies by a record 4.2 million bpd from September2008 levels in an attempt to support falling oil prices. Ghadhban said on Monday he did not expect fellow OPEC members to be concerned by production increase plans, despite a possible impact on oil prices. "I am not of the opinion that we are approaching any problems with OPEC." OPEC meets on Dec. 22 in Angola to decide on future output policy.

De acordo com o documento, às populações que vivem nos países mais ricos vai ser permitido emitir mais gases, quase do dobro do que estava previsto, fixando o limite nas 2.65 toneladas. Já os países em desenvolvimento só vão poder emitir 1.44 toneladas de carbono por pessoa. O documento, conhecido por texto dinamarquês, abandona assim o princípio do Protocolo de Quioto, em que as nações ricas, responsáveis pela maior parte das emissões de dióxido de carbono, assumiam a liderança no combate ao efeito de estufa, enquanto as nações mais pobres não eram obrigados a agir. A proposta prevê ainda a criação de uma nova categoria dentro dos países pobres, que vai passar a chamar-se “os mais Vulneráveis”. Neste acordo, as Nações Unidas são remetidas para um lugar secundário nas futuras negociações sobre alterações climáticas, enquanto que ao Banco Mundial é atribuída a responsabilidade de financiar o combate às alterações climáticas.