Fright of “being boxed in”…

Fright of “being boxed in”… Writing about the yesterday “gamblers” was a good idea enough in view of the fact that I won the calm evening. Was reading the Vassily Erchov’s “Fright of fly”. All voices at once stop to need my opinion. Also, the good feeling was to know that all my “partners” and the eventual co-workers are “lock-n’-load” for the next stage. When the during my sleep I was receiving anonymously several blows in my head (without explanation and without faces) – I knew and keep thinking only about how early I will die. Well, the Brotherhood of City, not about to whom I have been naughty or to who make a serious break. It’s obvious and don’t need comments. And I tell you what: - I don’t need rely on others, since I can be my, Brotherhood of City’s own best friend. Wake up with one more blow in my head. This time, was the big box brought to me by ‘Serioja face’ from City. (To see a box in your dream, signifies your (dear Brotherhood of City…) instinctual nature and destructive impulses. Alternatively, you (dear Brotherhood of City) may trying to preserve and protect some aspects of yourself. The box may also symbolize your (dear Brotherhood of City) limitations and restrictions.
Consider the pun of “being boxed in”…
Shell Consortium Wins Major Iraq Oil Deal December 11, 2009. Filed at 4:27 a.m. ET. BAGHDAD (AP) -- International oil companies vied Friday for the biggest slice of Iraq's oil riches on offer in decades, with Iraqi officials hoping the firms will look beyond persistent security fears and strike deals crucial for the country's reconstruction efforts. Iraqi Prime Minister Nouri al-Maliki, at the start of the auction Friday, looked to allay oil executives concerns about the bombings and other incidents that have come to define his oil-rich nation after the 2003 U.S.-led invasion to topple Saddam Hussein. ''There is no security deterioration in Iraq even if a security violation took place here,'' al-Maliki told officials and company representatives gathered at Iraq's Oil Ministry under extremely tight guard. And at least two consortiums appeared poised to do take him at his word -- tempted by a chance to tap into one of the Middle East's last major cheap oil bonanzas. One led by European oil giant Shell won the rights to develop the southern Majnoon oil field -- the biggest of the 15 fields on offer in the two-day licensing round. A second consortium led by the China National Petroleum Corp., or CNPC, won the rights to the Halfaya field, also in the south. In this two-day round, 15 fields are on offer, representing about a third of Iraq's known reserves. But a wave of attacks across Baghdad earlier this week killed at least 127 people and shook confidence in the abilities of Iraq security forces as U.S. troops depart. A total of 45 firms are vying for 20-year contracts to develop the 15 fields, spanning from northern Iraq to major fields in the Basra region in the south like Majnoon and Halfaya. They include many Western giants like Exxon Mobil Corp. and Britain's BP PLC, as well as state-backed companies from Asia. In the first deal of the day, Shell and Malaysia's state-run Petronas beat out a consortium grouping France's Total SA and China's CNPC to develop Majnoon, a 12.88 billion barrel behemoth in the Basra region. Under the deal announced by Iraqi Oil Minister Hussain al-Shahristani, the Shell-Petronas consortium will receive $1.39 per barrel produced from the field. The companies bid said they would raise production from the current 45,900 barrels per day to a whopping 1.8 million barrels per day over a ten-year period. Total and CNPC had asked to receive $1.75 per barrel, while offering to raise production to roughly 1.4 million barrels per day. In the second deal, CNPC, teaming up with Petronas and Total won rights to develop Halfaya, which has estimated reserves of 4.1 billion barrels. Under the terms of the deal, the companies will get $1.40 per barrel produced, and said they would raise production from the current 3,100 barrels per day to 535,000 barrels per day. The CNPC-led consortium beat out three others, which were led by Italy's Eni, Norway's Statoil ASA and India's ONGC. The deals are crucial for Iraq, which relies on oil for 90 percent of its government budget and sorely needs international companies' help in boosting production and revamping its dilapidated oil sector. The current fields on offer are known as ''green'' fields, ones which have yet to be fully developed. Iraq's first postwar bidding round in June flopped as firms resisted the financial provisions imposed by Iraq, which has the world's third-largest known oil reserves. The second round is scheduled for Saturday.
France and Germany (?) back UK bonus tax. Boost for Brown as Goldman Sachs scraps cash payouts to top executives. Gordon Brown claimed a victory for the government tonight after securing the support of France and Germany for its supertax on City bonuses amid signs that major Wall Street firms were attempting to prevent a similar clampdown by the Obama administration. Goldman Sachs, the highest profile firm on Wall Street, became the first to blink in the face of the public outcry over its expected handout of £14bn in pay and bonuses this year, by suspending cash bonuses for its top 30 executives. The decision, which will affect six of its executives in London, is expected to set the tone for rivals on Wall Street and could send ripples across the Atlantic. It is believed to be among the options being considered by Barclays as part of a review of remuneration. The warm international reception for Brown's bonus tax held out the prospect that the prime minister could secure a much-needed political boost, as he did when other countries followed his lead on recapitalising the banks last year. The momentum building up in Europe behind the clampdown on bonuses followed conversations between Treasury officials and those in G7 countries on Wednesday after the pre-budget report outlined the 50% tax on bankers' bonuses of more than £25,000. President Nicolas Sarkozy of France decided to follow the UK in imposing the one-off penalties on bonuses over €27,000 after weeks of feuding between London and Paris over the regulation of European markets. He had met Brown in Brussels today on the fringes of an EU summit to bury the hatchet after co-authoring an article calling for a global deal on the way banks behave. Chancellor Angela Merkel of Germany also sounded sympathetic to the British initiative. She said it was a "charming idea" and showed how others could "learn from the City of London".