The price of commodities are falling towards their cost price. A good thing in sane World. Yet we are told that if Countries are not able to charge scarcity rents for oil and minerals, this is a bad thing. The solution to the reduction of this free lunch is to carry it on by other means i.e IMF funding.  Oil-producing nations face years of pain as prices remain lower for longer, the managing director of the International Monetary Fund (IMF) has warned. Christine Lagarde said the Fund stood ready to help struggling countries such as Azerbaijan and Nigeria cope with a renewed drop in oil prices, amid reports that the African nation has sought support from the World Bank. "Oil and metals prices have fallen by around two-thirds from their most recent peaks, and are likely to stay low for quite some time," she said in a speech at the University of Maryland. "As a result, many commodity-exporting emerging economies are under severe stress, and some currencies have already seen very large depreciations." Ms Lagarde called on policymakers to boost the global "safety net" to cope with future financial shocks. The managing director called for more co-operation between central banks as well as better planning for countries to access credit in times of stress. In separate comments on Thursday, Ms Lagarde praised Azerbaijan for taking steps to reassess spending and use its exchange rate as a "buffer". However, she said Nigeria was still wasting money on subsidies and suggested that the country's woes were being exacerbated by the naira's peg to the US dollar. Whatever Lagarde forecasts the opposite is guaranteed to happen. The idea of helping Nigeria with IMF money is absurd. It is a nation perpetually run by corrupt politicians who have lined their own pockets with its vast oil riches and who live like emperors whether in or out of office. If the Nigerians can't get the right people to run their country that's their problem. Not the IMF's.

 

Have you noticed it is now virtually impossible to believe a word the BBC SKY or any

other broadcasting media say, or don't say in our tiny Island, if you want the truth on

Europe or here you have to tune in to RT or others in Europe, which when you think of it

is a sick joke in the so called mother of democracy,which I suppose in a way is a sick joke

Have you noticed it is now virtually impossible to believe a word the BBC SKY or any

other broadcasting media say, or don't say in our tiny Island, if you want the truth on

Europe or here you have to tune in to RT or others in Europe, which when you think of it

is a sick joke in the so called mother of democracy,which I suppose in a way is a sick joke

You know of course this summers scenario? No then you are stupid. There at least a million Muslim youths here already who are " settled " and very restless and lawless,There will at least a similar number urged on to make the journey to their steaming colleagues crammed in already to ghettos.  Violence and insurrection will spark across the Continent and there you have it. All will be up and God knows who will take over. It will not be Merkel, Juncker or Cameron. They will already be on their way across the Atlantic to the land they so despised.

You fools the coming planned summer invasion must be stopped dead in its tracks and I mean dead. Ignore the planned bleeding heart photo-shoots. This summer will be a fight for survival. OUR SURVIVAL!!!...Put simply the EU has failed and should be put out of its misery. It offers nothing but a full blown demolition of Europe.Arrogance and slavish devotion to a political ideology that no one wanted or asked for brought it down.

Have you noticed it is now virtually impossible to believe a word the BBC SKY or any

other broadcasting media say, or don't say in our tiny Island, if you want the truth on

Europe or here you have to tune in to RT or others in Europe, which when you think of it

is a sick joke in the so called mother of democracy,which I suppose in a way is a sick joke

Have you noticed it is now virtually impossible to believe a word the BBC SKY or any

other broadcasting media say, or don't say in our tiny Island, if you want the truth on

Europe or here you have to tune in to RT or others in Europe, which when you think of it

is a sick joke in the so called mother of democracy,which I suppose in a way is a sick joke

Wrong on both counts.

1) The vast majority might not be terrorists but they come from the exact same culture, society and religion that has created the terrorists and if you check polls across the world. Large numbers sympathise and condone the attacks.

Swedish police have admitted 5000 attacks have been logged/reported in the past 3 months alone from migrants. Think of the ones who don't bother to report any longer cos they know nothing will be done.

Al this religion of peace, migrant minority is getting more ridiculous by the day.

As to point 2 regarding Brexit. It will do a lot to the migrant crisis. We leave. We take back al laws, immigration control. Regain seat on the WTO etc and make our own deals. Meanwhile the EU pushes harder for a federal Europe under complete control of Brussels. More and more power is demanded. Taxes are planning to be raised continent wide to pay for the migrants. Eu army about to come into being. Frontex has the power any day now to walk in and seize immigration control without being asked. Turkey, Bosnia, Albania, Kosovo, Macedonia al looking to come in.

Al the while anti-EU sentiment grows and anti-EU parties are gaining more support by the day. Al EU citizens watch us having escaped and flourish, while they get forced to give up more and more while accepting ever growing migrant quotas that are hostile to the western way of life and Christianity.

How long do you think it will be before the likes of Denmark or such tell Brussels that enough is enough and follow us out the door. At that point, the while st1nking thing will collapse as they all rush out the door.

Now the migrants cannot come into Greece, Bulgaria, Italy, Spain and be expected to be waived on through nation after nation til they get to their favoured destination. Every country will deploy their armed forces to make sure they do not get in because if they do, they are stuck with them.

Hence when word gets around, they ain't ever getting to Sweden, Germany, Netherlands, Denmark, Norway or where have you, then the numbers will sink like a stone. They are not going to pay smugglers to be stuck forever in Greece or Bulgaria etc. 

Wrong on both counts.

1) The vast majority might not be terrorists but they come from the exact same culture, society and religion that has created the terrorists and if you check polls across the world. Large numbers sympathise and condone the attacks.

Swedish police have admitted 5000 attacks have been logged/reported in the past 3 months alone from migrants. Think of the ones who don't bother to report any longer cos they know nothing will be done.

Al this religion of peace, migrant minority is getting more ridiculous by the day.

As to point 2 regarding Brexit. It will do a lot to the migrant crisis. We leave. We take back al laws, immigration control. Regain seat on the WTO etc and make our own deals. Meanwhile the EU pushes harder for a federal Europe under complete control of Brussels. More and more power is demanded. Taxes are planning to be raised continent wide to pay for the migrants. Eu army about to come into being. Frontex has the power any day now to walk in and seize immigration control without being asked. Turkey, Bosnia, Albania, Kosovo, Macedonia al looking to come in.

Al the while anti-EU sentiment grows and anti-EU parties are gaining more support by the day. Al EU citizens watch us having escaped and flourish, while they get forced to give up more and more while accepting ever growing migrant quotas that are hostile to the western way of life and Christianity.

How long do you think it will be before the likes of Denmark or such tell Brussels that enough is enough and follow us out the door. At that point, the while st1nking thing will collapse as they all rush out the door.

Now the migrants cannot come into Greece, Bulgaria, Italy, Spain and be expected to be waived on through nation after nation til they get to their favoured destination. Every country will deploy their armed forces to make sure they do not get in because if they do, they are stuck with them.

Hence when word gets around, they ain't ever getting to Sweden, Germany, Netherlands, Denmark, Norway or where have you, then the numbers will sink like a stone. They are not going to pay smugglers to be stuck forever in Greece or Bulgaria etc. 

The oil market is complex and so many other parameters either feed into it or depend on it, quite impossible to predict in the short to medium term. There is far less storage capacity than consumption, so gluts or acute, perceived shortages are both easy to emerge or be created. As we have seen, it is volatile, with wide swings up or down. May as well spin the roulette wheel. Which is why there are so many speculators. Why do real work when you can manipulate and cream off 'just a teeny weeny bit' off the top? Would be more stable if the market were just consumers and producers. LONG term, there are more parameters that are predictable. The most important of which is that the world is moving away from fossil fuels faster than most anticipated or predicted. The long term price of oil will be set by the cost of the alternatives per unit of equivalent energy. Solar, for instance, has fallen fast in terms of cost, if not convenience or reliability. Saudis once rode camels. They will do so again. Just hope I live long enough to hear it. Will never see it as will never actually go there...Not ONE mention anywhere  of the fact that the world economy is in complete free fall. Nobody is buying oil. Demand has crashed through the floor because the entire world economy is crap and has been crap for the entire 8 years of the Obama Administration. Of course, its not really his fault because this ship's course was set long before he became president, but when he got in, they had already disconnected the controls over the economy's throttle on high and he had no way to stop it, so, he piled on. But we've never had a recover since the 2008 crash. The economy world wide has been in a hidden depression papered over with fiat currency by irresponsible central banks because if they allowed everyone to see how bad things actually were, it would make the politicians look like idiots.... of course, they ARE idiots, but they don't want people to know that or they won't vote for them.  Oil prices are plummeting because the fake economy could only prop up the fake recover for so long before the bottom fell out. I wouldn't be surprised at all to see Brent Crude go below 15 dollars a barrel this year. Maybe even below 10 dollars a barrel.

When oil prices crashes and Saudi and Middle East become bankrupt, there will a tsunami of Muslims making a beeline for Europe. Some Middle East countries have the highest birth rates in the world with an average women in Yemen having between 8 to 10 children. The chronic water shortage in the Middle East will further accelerate the exodus into Europe.  Human right activists will ensure that Europe takes in most of the asylum seekers that land on the shores of Europe. On legalistic and humanitarian grounds , and with compassionate leaders like Merkel, Europe will be arm twisted to oblige.  Expect a historical change in European demographics and culture. High likelihood that some European countries will be Muslim majority in 50 years. This includes Sweden, Denmark and Belgium. With Angela Merkel's open door policy of a million asylum seekers per year, Germany may also become Muslim majority.  Culturally it will mean that women will be conservatively dressed, alcohol forbidden in places, halal food becoming ubiquitous, and the muezzin sounding across the continent...Problem with Saudi Arabia is that the local work force is lazy and unproductive, and suffer from the entitlement syndrome. The civil service is over staffed . More emphasis on religious obligations rather than focussing on the job. Many of the graduates have degrees in Islamic theology and are not suited for a modern work force. Most of the work is done by migrant labour from Asia that is under paid and over worked.  Similar to other Muslim countries like in the Gulf and also another oil exporting Muslim country in South East Asia called Malaysia.

We must decide whether the European Union is worth saving

The present EU is an enfeebled and retarded offspring of the 3rd Reich, but one can still see the DNA traits and family similarities. Like its grand-daddy, this Reich has the Southern countries beholden to Germany as near colonies, it has pan-European rule from an ideological and corrupt bureaucratic center, and above all, a German leader is pursuing a massive utopian, so-called progressive, racial, social engineering scheme, which is being forced down the throats of both Germans and Europeans, which all will eventually lead Europe into an abyss...If the EU is doomed to deflationary underachievement thanks to its structural incoherence, then we are confronted with a land of the living dead in which existence is punctuated only by volcanic eruptions. This does not seem like the worst is over at all....EU = Eternal Uncertainty. When is that simple message going to be articulated? Membership of the Common Market, correction EEC, correction EU has been one long, non-stop wrangle with Brussels, its agenda-driven, calculating jobs worth's and apparatchiks moving the goal posts year-on-year. How can anyone view that as the norm for a  healthy accountable democracy?  The EU is a corrupt concept - through and through - based on the two main losers of WW2 forcing the rest of the continent into an economic and political straitjacket so as to maintain a semblance of peaceful co-existence between themselves.

More than 52,000 refugees and migrants crossed the eastern Mediterranean to reach Europe in the first four weeks of January, more than 35 times as many as attempted the crossing in the same period last year.  The daily average number of people making the crossing is nearly equivalent to the total number for the whole month of January as recently as two years ago, according to the International Organisation for Migration.  More than 250 people have died attempting to make the crossing this month, including at least 39 who drowned in the Aegean Sea on Saturday morning after their boat capsized between Turkey and Greece.  Turkish coastguards rescued 75 others from the sea near the resort of Ayvacik on Saturday, according to the Anadolou news agency. They had been trying to reach the Greek island of Lesbos.  The eastern route into Europe, via Greece, has overtaken the previously popular central Mediterranean route from north Africa over the past year. Refugees have continued to use the route all winter, despite rough seas and strong winds.“An estimated 52,055 migrants and refugees have arrived in the Greek islands since the beginning of the year,” the IOM said. “This is close to the total recorded in the relatively safe month of July 2015, when warm weather and calm seas allowed 54,899 to make the journey.”Turkey, which is hosting at least 2.5 million refugees from the civil war in neighbouring Syria, has become the main launchpad for migrants fleeing war, persecution and poverty. Ankara struck a deal with the EU in November to halt the flow of refugees, in return for €3bn (£2.3bn) in financial assistance to help improve the refugees’ conditions.

The UN’s office for human rights has said refugee minors in Bangui, in the Central African Republic (CAR), have accused EU flag-wearing soldiers of sexual abuse. Two local girls, aged 14 to 16, said they were raped by peacekeepers in the Eufor-CAR mission. Two others, in the same age group, said they were paid for sex. Three of the four girls said the soldiers were from Georgia, which contributed 140 members to the EU’s 700-strong operation. Refugee children also accused French soldiers in the Sangaris operation, a unilateral mission. A seven-year old girl said she performed oral sex on a French soldier in return for a bottle of water and a pack of biscuits. A nine-year old boy said he, and several others, were abused. Children also accused UN peacekeepers. The UN assistant secretary general, Anthony Banbury, said on Friday (29 January) he knows of four new cases in Bangui. He said there were 22 UN cases in Central Africa last year, and 69 in total in the UN’s 16 missions around the world. Zeid Ra’ad Al Hussein, the UN high commissioner for human rights, said, also on Friday, she alerted the EU, Georgia, and France on 19 January. She said she was “heartened” by their reaction. But she added: “Far too many of these crimes continue to go unpunished, with the perpetrators enjoying full impunity. This simply encourages further violations.” Banbury told press in New York: “It’s hard to imagine the outrage that people working for the United Nations in the causes of peace and security feel when these kinds of allegations come to light.” The Guardian, a British daily, said he was close to tears. For its part, the EU foreign service said it has “a zero-tolerance policy as regards sexual misconduct or criminal activity.” But it added that “responsibility for any investigation, disciplinary or criminal action remains in the hands of the contributing states.”  The Georgian defence ministry said: “In case such grave crimes are proven, perpetrators … will be brought to justice.” France made similar promises.  The EU sent Eufor-CAR to Central Africa in April 2014 to protect refugees in a brutal civil war. It pulled out in March 2015. Troops mostly came from EU states Estonia, Finland, France, Latvia, Luxembourg, the Netherlands, Poland, Romania, and Spain.  Georgia, an EU and Nato-aspirant state, sometimes takes part in EU operations.