Thursday, January 26, 2012

Oil Shock@ 150......200...250..... Who will survive ?

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Oil Shock @ 150…..200……..250
American sanctions and European Sanctions – When I started studying the issue of oil embargo on Iran, I got one thing in mind. Are they really intended to stop Iran from getting Nuclear Capabilities or something else? (Hidden Agenda) In my study all points showing advantage Iran. Iran is surplus economy and net exporter.
Country                        Imports bpd      Percent Imports
 1. China                        543,000          10
 2. India                         341,000          11 
 3. Japan                        251,000          5.9 
 4. Italy                          204,000          13.2
 5. South Korea          239,000          7.4
 6. Turkey                     217,000          30.6
 7. Spain                        170,000          16.2
 8. Greece                    158,000          53.1
 9. S. Africa                   98,000           25
 10. France                   75,000           6.0
                    
    Sri Lanka imported 39,000 bpd in the first half of the year, IEA data shows. It is completely reliant on Iranian oil.                  

·        Who is most affected?
o   India
o   China
o   Europe
·        Basically I think this American Strategy is to destroy currency challenge by EU and China (Challenge to the Dollar as reserve currency of the world.)
·        I will write on this in next post, today I am writing on how it is advantage to the Iran.



Wednesday, January 25, 2012

The Mockery of Justice


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US soldier to serve no time for Iraq killings - Americas - Al Jazeera English:

'via Blog this'

This episode shows the how American Justice system work. It may be Afia Siddiqui case or any other case, justice is only the right of American. Others who are oppressed and destroyed on fake claims are denied justice. There are nothing called justice. This episode is just one of the many which shows bias of American System.

A US marine accused over the killing of 24 Iraqi civilians in the city of Haditha was demoted to the rank of private but will serve no time behind bars, a military spokesman has said.
Staff Sergeant Frank Wuterich, the last squad member to face justice after all the others were cleared, was sentenced to 90 days confinement but he will not serve it for procedural reasons, the spokesman said.
The sentencing hearing was held on Tuesday at Camp Pendleton, south of Los Angeles.

Word of the maximum sentence sparked outrage in Iraq, where Ali Badr, a Haditha resident and relative of one of the victims, called it "an insult to all Iraqis" and "solid proof that the Americans don't respect human rights".
Wuterich, 31, the commander of a unit whose other members have been exonerated, pleaded guilty on Monday to negligence, ending the final prosecution stemming from the 2005 incident.