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Keyword: nigeria

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  • McCain calls Obama’s foreign policy ‘delusional’

    03/02/2015 5:57:26 AM PST · by McGruff · 35 replies
    Associated Press ^ | March 2, 2015
    Sen. John McCain is charging the Obama administration’s foreign policy is “delusional” and says Secretary of State John Kerry’s global diplomacy has “accomplished nothing except mileage.” In an appearance on MSNBC, the Arizona Republican also calls Russian President Vladimir Putin a “meglomaniac” and “pariah.”
  • Boko Haram + ISIS = Marriage from Hell

    02/25/2015 11:02:11 AM PST · by NorthMountain · 8 replies
    WSBT TV, CNN ^ | Feb 25, 2015 | By Tim Lister CNN
    (CNN) - For sheer cruelty, they are well matched. They also share an apocalyptic "end-of-days" vision. Now there are signs that Boko Haram -- the most feared group in West Africa -- may be edging toward a formal pledge of allegiance to the self-declared Caliph of the Islamic State, Abu Bakr al Baghdadi. Observers of Boko Haram, which has inflicted years of terror on northern Nigeria, note that its actions in the last six months have frequently mimicked those of ISIS -- from punishments such as stoning and beheading of its victims to taking territory and an increasingly sophisticated use...
  • Since 9/11, The U.S. Has Been Involved In More Than 5 Wars … And They’ve All Been Disasters

    02/22/2015 7:05:35 AM PST · by Leaning Right · 50 replies
    Zero Hedge ^ | Feb. 20, 2015 | "George Washington"
    Below, we demonstrate that the U.S. keeps “losing” war after war. There are 3 potential reasons this might be happening: •Is this chaos an intentional way to implement regime change and grab resources? •Or is this a sign of the decline of the American empire … and we just can’t win a war anymore? •Or do those in charge just not really give a damn about winning … and are they just focusing on one short-term goal after another?
  • BOKO HARAM VOWS TO ‘ENSLAVE’ OBAMA SUPPORTERS IN NEW ISIS-STYLE VIDEO

    02/18/2015 3:06:24 PM PST · by Jim Robinson · 57 replies
    Breitbart ^ | February 18, 2015 | by FRANCES MARTEL
    A man claiming to be the leader of Nigerian jihadist group Boko Haram, Abubakar Shekau, appears in a new video threatening violence against the Nigerian government should they proceed with presidential elections, and warning that the terrorist group will “enslave” all those “supporters of Francois Hollande and Obama.” The video, which was initially distributed on Twitter and since has been distributed through the SITE Intelligence group, depicts the man claiming to be Shekau before a camera, warning that the Nigerian presidential elections– already postponed due to Boko Haram suicide bombings– will never happen. The elections are scheduled to occur on...
  • Nigerian Army 'Kills 300 Boko Haram Fighters'

    02/18/2015 12:09:23 PM PST · by traumer · 23 replies
    Hundreds of militants have been killed during the struggle to recapture the Nigerian garrison town of Monguno, according to officials. "Over 300 terrorists were killed while a few were also captured," said defence spokesman Major-General Chris Olukolade. The claims follow similar statements from Niger, Chad and Cameroon - who are also involved in fighting the terror group - but they have not been independently confirmed. The army has often claimed success against the group which has then been contradicted by witness reports. Civilian vigilantes in the town confirmed it had been retaken and said there had been heavy casualties, but...
  • US Won't Help Fight Boko Haram Until Nigeria Accepts Homosexuality, Birth Control, Bishop Says

    02/17/2015 1:30:31 PM PST · by NKP_Vet · 35 replies
    http://www.aleteia.org ^ | February 17, 2015 | Diane Montagna
    VATICAN CITY — “African values are not on sale,” the new Chairman of Communications for the African bishops has said. But Bishop Emmanuel Badejo of Oyo, Nigeria, is convinced they are under threat from what Pope Francis has called an “ideological colonization” that is seeking to destroy the family. It's so bad, he says, that the United States has made clear it will not help Nigeria fight the Boko Haram terror group unless the country modify its laws regarding homosexuality, family planning and birth-control.
  • Get Ready for $10 Oil

    02/17/2015 10:29:59 AM PST · by Duke C. · 65 replies
    Bloomberg | A. Gary Shilling
    At about $50 a barrel, crude oil prices are down by more than half from their June 2014 peak of $107. They may fall more, perhaps even as low as $10 to $20. Here’s why.
  • The Coming Oil Crash: Why Oil Prices Will Drop

    12/31/2007 8:57:38 AM PST · by Clemenza · 139 replies · 343+ views
    Portfolio | January 2008 | John Cassidy
    http://www.portfolio.com/views/columns/economics/2007/12/17/Why-Oil-Prices-Will-Drop
  • Merciless Islamic Oppression of Christians in Africa: Remember Boko Haram?

    02/16/2015 9:36:28 AM PST · by Kaslin · 10 replies
    Townhall.com ^ | February 16, 2015 | Jack Kerwick
    Scarcely a day passes that media personalities aren’t sounding the alarm over the relentless march of “Islamism”—i.e. militant Islam. To hear them tell it, one could be forgiven for thinking that “Islamism”—exemplified by the likes of ISIS—is mere centimeters away from destroying both America and Israel. Of course, this is hysteria. Jihadists are dangerous individuals, for sure, but America and Israel have ample resources with which to protect their citizens. Such, however, cannot be said for the Christians of dozens of countries around the world who daily suffer unimaginable predations at the hands of the Muslim majorities of their homelands....
  • People from Tuscany are most similar to Neanderthals

    02/15/2015 1:54:45 AM PST · by SunkenCiv · 40 replies
    Abroad in the Yard ^ | February 9, 2012 | AITY
    In a series of histograms (graphs showing the distribution of genome and population data), Hawks shows that Asian and European genomes have significantly more Neanderthal DNA than African genomes. The averages for Asian and European samples are around 3% higher than the average for African samples. Whatever gave Africans some degree of similarity to Neanderthals, non-Africans seem to have received around 3% more of it. Europeans average a bit more Neanderthal DNA than Asians, showing that Europeans probably mixed with Neanderthals as they moved into Europe, adding a secondary mix of Neanderthal DNA into their genome beyond the primary mix...
  • Boko Haram: 200,000 Christians at Risk of Massacre in Nigeria

    02/14/2015 10:34:55 AM PST · by marshmallow · 29 replies
    NBC News ^ | 2/14/15 | Robert Windrem and Alexander Smith
    Boko Haram forces appear poised to attack Maiduguri, a city of 2 million in northeast Nigeria -- meaning that 200,000 Christians could be at risk of slaughter by the Islamist terror group, say U.S. intelligence officials and experts on Nigeria. "An attack on Madiguri is very likely," said J. Peter Pham, director of the Africa Project at the Atlantic Council, echoing U.S. intelligence officials. Pham believes, as do other experts, that Boko Haram has already placed "sleeper cells" among the tide of refugees who have fled the group's murderous rampage through Africa's most populous nation. "They've done it everywhere else...
  • Refugees in Nigeria tell of Boko Haram savagery (Time for boots on the ground?

    02/13/2015 1:12:08 PM PST · by Laissez-faire capitalist · 74 replies
    BBC News ^ | 2/13/2015 | Staff
    Violent attacks by Boko Haram have caused many to flee their homes, creating a humanitarian crisis within Nigeria and neighboring countries. Refugees say they have witnessed brutal acts of savagery, with men's throats being slit and women being held as "war booty." Chad has become the latest country on the border with Nigeria to be affected by a Boko Haram attack. The BBC's Tom Oladipo went to Yola village in Aadamawa state in northeast Nigeria and spoke to refugees there. ...
  • Why "drill, baby, drill" was right

    02/11/2015 4:35:29 PM PST · by upsdriver · 27 replies
    TribTalk ^ | February 11, 2015 | Sarah Palin
    It’s always a pleasure returning to the beautiful Lone Star State. This week I’m in Houston speaking with the industrious men and women of America’s oil patch at the North American Prospect Expo. These are the unsung heroes of our nation’s energy renaissance. In the brutal economic environment of the last six years, one sector had good news to report, and it came straight out of America’s oil patch. From 2007 to 2012, employment in the energy industry rose a dramatic 31.6 percent while employment nationwide fell 2.7 percent. U.S. oil production increased from 6.5 million barrels per day in...
  • Governor Palin Pens Energy Op-Ed for Houston Tribune

    02/11/2015 4:38:41 PM PST · by Bratch · 40 replies
    Conservatives4Palin ^ | February 11 2015 | Sarah Palin via Steve Flesher
    Governor Palin wrote a great article for the Houston Tribune today loaded with a lot of good facts on energy.  She also notes an interesting flip flop from our president on the matter. It’s always a pleasure returning to the beautiful Lone Star State. This week I’m in Houston speaking with the industrious men and women of America’s oil patch at the North American Prospect Expo. These are the unsung heroes of our nation’s energy renaissance.In the brutal economic environment of the last six years, one sector had good news to report, and it came straight out of America’s oil patch. From...
  • Chadian forces retake border town from Boko Haram

    02/03/2015 3:52:48 PM PST · by george76 · 9 replies
    afp ^ | Feb. 3, 2015 | Stephane Yas with Ola Awoniyi in Abuja
    Chadian forces scored a key victory over Nigeria's Boko Haram on Tuesday, wresting control of the border town of Gamboru within hours of launching a ground offensive against the jihadist group. Around 2,000 Chadian troops backed by armoured vehicles crossed the border into Gamboru from the Cameroonian town of Fotokol . ... The ground intervention by Chad came after the African Union last week backed a regional five-nation, 7,500-strong force to take on the extremists amid growing fears about their threat to regional security. Nigeria has drawn fierce criticism for failing to hold back the insurgents, who have stepped up...
  • How Big Is Boko Haram?

    02/03/2015 6:29:25 AM PST · by C19fan · 7 replies
    War is Boring ^ | February 2, 2015 | Peter Dorrie
    During the early morning hours on Feb. 1, the Nigerian terror group Boko Haram launched its second attack on the city of Maiduguri. The Islamist group has kept Maiduguri in its sights for a long time. It’s the capital of Nigeria’s northeast and home to a population exceeding two million people, and has a garrison of several thousand Nigerian troops and a major air force base. Nigerian troops beat back the attackers and claimed to inflict hundreds of casualties. But Maiduguri wasn’t the only battle the insurgents fought in recent weeks. They took the town of Baga, plus 16 surrounding...
  • Nigerian troops kill 500 Islamo-Nazi Boko Haram cockroaches

    02/02/2015 9:15:20 AM PST · by george76 · 29 replies
    Nigerian troops managed to repel an attack by Boko haram on the very large city of Maiduguri this weekend, killing around 500 of the Islamo-Nazi cockroaches while doing so: CBN NEWS – Nigerian troops pushed back an attack by radical Islamist fighters from Boko Haram Sunday. Troops from the terror group attacked the biggest city in northeast Nigeria, Maiduguri. ... Voice of America adds this: A VOA reporter, Abdulkareem Haruna, saw hundreds of civilians armed with hunting rifles, clubs and machetes advance toward the battles, saying they want to help the soldiers stop the militants.
  • ( Shia ) Iran Offers to Help African Union Against Boko Haram ( Sunni Moslems )

    02/01/2015 7:22:30 PM PST · by george76 · 11 replies
    Breitbart ^ | 1 Feb 2015 | John Hayward
    The absence of strong Western leadership against the Boko Haram terror state has created an opportunity Iran seems ready to exploit. The Premium Times of Nigeria reports that Iran is stepping forward to offer assistance to the African Union against the savage caliphate spilling out of northern Nigeria into Cameroon and menacing the entire region: ... Abdollohian said the activities of the Boko Haram militants and that of Al-Shabaab in the Somalia were similar to that of Al-Qaeda and the ISIS and other terrorist groups in the Middle East. ... Iran was willing to share its experiences on terrorist activities...
  • The African Union Readies an Army to Fight Boko Haram

    01/31/2015 1:08:31 PM PST · by C19fan · 9 replies
    War is Boring ^ | January 30, 2015 | Peter Dorrie
    Boko Haram is officially an international problem. At least according to the African Union, which asked the United Nations Security Council on Jan. 29 to greenlight an intervention force to bring the Islamist group to its knees. The A.U. plans a 7,500-strong military force, named the Multinational Joint Task Force, and staffed by Nigerian, Cameroonian, Chadian and Beninese troops. If the coalition gets the go-ahead, the soldiers will base in their respective countries, but coordinate and assist each other.
  • Nigeria Elections Put Christians in Danger of More Muslim Attacks

    01/30/2015 10:17:23 AM PST · by Reverend Saltine · 4 replies
    FrontPageMag.com ^ | January 30, 2015 | Cheryl Wetzstein
    Muslim persecution of Christians is at a high tide — and there are grave fears of more sectarian bloodletting as millions of people in Nigeria, which is half Muslim and half Christian, vote for their national leaders next month. These religious atrocities cry out for media attention and political awareness, said Raymond Ibrahim, author of the monthly report “Muslim Persecution of Christians,” which has chronicled attacks on Christians in dozens of countries since July 2011. Mainstream media rarely cover attacks on Christians, even though they happen “all around the Islamic world,” Mr. Ibrahim said Tuesday.
  • REPORTS: BOKO HARAM CLOSE IN ON REGIONAL CAPITAL, TWO MILLION UNDER THREAT

    01/30/2015 8:35:42 AM PST · by C19fan · 24 replies
    Breitbart ^ | January 29, 2015 | Jordan Schachtel
    Boko Haram jihadists have reportedly closed in on the Nigerian city of Maiduguri, which has an estimated population of two million, along with another 200,000 who are currently taking refuge within its borders. Residents have said that the Boko Haram terrorists warned them that they are readying “a big grave” for Maiduguri’s residents and that “there will be no mercy.” A local resident told the CBC regarding Boko Haram, “They kept saying they were chasing us so that we can all run into the big grave they are preparing for us in Maiduguri.”
  • Foreign Firm Funding U.S. Green Groups Tied to State-Owned Russian Oil Company

    01/27/2015 7:59:35 AM PST · by george76 · 29 replies
    Washington Free Beacon ^ | January 27, 2015 | Lachlan Markay
    Executives at a Bermudan firm funneling money to U.S. environmentalists run investment funds with Russian tycoons. A shadowy Bermudan company that has funneled tens of millions of dollars to anti-fracking environmentalist groups in the United States is run by executives with deep ties to Russian oil interests and offshore money laundering schemes involving members of President Vladimir Putin’s inner circle. One of those executives, Nicholas Hoskins, is a director at a hedge fund management firm that has invested heavily in Russian oil and gas. He is also senior counsel at the Bermudan law firm Wakefield Quin and the vice president...
  • US halted Israeli arms transfer to Nigeria to fight Boko Haram

    01/27/2015 2:12:20 AM PST · by Reverend Saltine · 23 replies
    Jihad Watch ^ | January 26, 2015 | Robert Spencer
    US halted Israeli arms transfer to Nigeria to fight Boko Haram.
  • Boko Haram Captures Strategic Nigerian City Following Heavy Battle; Over 200 Dead in Slaughter

    01/26/2015 8:22:45 AM PST · by SeekAndFind · 21 replies
    Christian Post ^ | 01/26/2015 | Stoyan Zaimov
    Nigerian terror group Boko Haram has reportedly captured the strategically important city of Monguno following a heavy battle with the army, which has left over 200 people dead. CNN reported that the military is still fighting Boko Haram for control over Maiduguri, attempting to prevent the jihadists from gaining even more ground. "Our soldiers initially repelled the terrorists but they mobilized more fighters and came back in full force. They overwhelmed our troops and forced them to retreat," said one Nigerian officer, who asked not to be named. While Monguno has close to 100,000 residents, Maiduguri hosts more than 600,000....
  • Boko Haram attacks northeastern Nigerian city, dozens killed

    01/25/2015 12:14:15 PM PST · by Berlin_Freeper · 22 replies
    Associated Press ^ | Jan. 25, 2015 | HARUNA UMAR
    In fierce fighting Sunday that killed more than 200 combatants, Nigerian troops clashed with Islamic extremists who attacked Maiduguri, the biggest city in northeastern Nigeria, from three fronts. At the same time the insurgents continued scorched-earth attacks on villages some 200 kilometers (125 miles) to the south in Adamawa state, slitting throats of residents, looting and burning homes and abducting dozens of trapped women and children, according to Vandu Kainu and other escaping survivors. Adamawa state legislator Adamu Kamale appealed for troops to protect civilians in Michika, where six villages are under attack. “The attacks have continued since Friday with...
  • Merkel offers Russia free-trade agreement (with EU)

    01/24/2015 4:40:06 PM PST · by Olog-hai · 7 replies
    TheLocal.de ^ | 23 Jan 2015 08:23 GMT+01:00 | (DPA/The Local)
    Germany would be prepared to negotiate a free-trade agreement between the European Union and Russia as a way out of the deadlocked Ukraine conflict, Chancellor Angela Merkel said on Thursday. Merkel told the World Economic Forum in Davos that Germany was “ready” to open talks about “possibilities for cooperating in a collective trade area”, the Süddeutsche Zeitung reported. But she said that a precondition for the plan, suggested by Russian President Vladimir Putin several years ago but ignored by European leaders, would be a comprehensive peace agreement in Ukraine. …
  • Shipment of 67 live giant African snails intercepted at Los Angeles International Airport

    07/15/2014 7:24:52 AM PDT · by martin_fierro · 21 replies
    Fox News ^ | 7/15/14 | AP/Fox
    <p>U.S. Customs and Border protection inspectors at Los Angeles International Airport seized 67 live giant African snails meant for human consumption.</p> <p>The prohibited snails arrived from Nigeria and were being sent to a person in San Dimas, said Lee Harty, a spokeswoman for the U.S. Customs and Border Protection.</p>
  • Boko Haram boasts of slaughter as it rampages in Cameroon and Nigeria

    01/21/2015 9:01:02 AM PST · by KingofZion · 16 replies
    Washington Post ^ | January 21, 2015 | Fred Barbash
    As thousands of Nigerians and Cameroonians fled for their lives from rampaging Boko Haram fighters, the leader of the violent Islamist group reportedly bragged in a video released Tuesday about the slaughter in the town of Baga and promised that there would be more to come. “We killed the people of Baga,” Boko Haram leader Abubakar Shekau boasted in the video, first reported by Agence France-Presse. “We indeed killed them, as our Lord instructed us in His Book. … We will not stop. This is not much. You’ll see.” The video could not be independently authenticated. It was similar in...
  • Stakeholders Seek Nigeria’s Withdrawal from OPEC

    01/21/2015 6:33:16 AM PST · by thackney · 3 replies
    This Day Live ^ | 20 Jan 2015 | Ejiofor Alike
    Stakeholders in Nigeria’s oil and gas sector have queried the relevance of Nigeria’s membership of the Organisation of Oil Exporting Countries (OPEC) and urged President Goodluck Jonathan to withdraw the country from the cartel. These stakeholders gathered at the weekend in Lagos at a symposium organised in honour of a former Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Ayodele Marinho, who celebrated his 80th birthday. They argued that OPEC as presently constituted serves only the interest of Saudi Arabia and its Gulf allies, which have contributed in the plummeting prices of crude oil because of a selfish...
  • Say It Like It Is (Holy Cow! the NYSlimes says Radical Islam is a prob)

    01/21/2015 3:39:57 AM PST · by RoosterRedux · 16 replies
    NYSlimes ^ | Tom Friedman
    I’ve never been a fan of global conferences to solve problems, but when I read that the Obama administration is organizing a Summit on Countering Violent Extremism for Feb. 18, in response to the Paris killings, I had a visceral reaction: Is there a box on my tax returns that I can check so my tax dollars won’t go to pay for this? When you don’t call things by their real name, you always get in trouble. And this administration, so fearful of being accused of Islamophobia, is refusing to make any link to radical Islam from the recent explosions...
  • Ukraine Between Two Narcissists

    01/19/2015 4:32:25 AM PST · by Kaslin · 3 replies
    Townhall.com ^ | January 19, 2015 | John Ransom
    If you think that Vladimir Putin would be dissuaded from his territorial ambitions by a few billionaires more or less being punished in Moscow, then you probably deserve to condemned to a Purgatory that resembles Obama’s White House. Despite assurances that Russia was on the ropes via economic sanctions imposed by the West after the Bear stirred up ethnic conflict in Ukraine, there are no signs but that Russia under Putin is restless. And hungry. New fighting has erupted near Donetsk with Russian supported separatists firing shells resulting in the death of 11 people. Since so-called “peace-talks” are underway between...
  • Cameroon says Chad to send large military contingent to fight Boko Haram ( Nigeria )

    01/18/2015 8:40:50 AM PST · by george76 · 17 replies
    Reuters ^ | Jan 15, 2015
    Chad will send a large number of troops to neighboring Cameroon to help it fight increasing incursions from Boko Haram Islamist militants attacking from Nigeria ... Biya has called for international military help to fight the Islamist militant group that has seized swathes of northern Nigeria and is threatening neighbors who share borders with the northeastern zones occupied by the group. Boko Haram, which aims to carve out an Islamist state in northern Nigeria, has stepped up attacks in the region as Nigeria, Africa's biggest economy, prepares for a crucial Feb. 14 presidential election. The group has also carried out...
  • New satellite images confirm scope and horror of Boko Haram killings

    01/17/2015 3:57:20 PM PST · by kindred · 32 replies
    pressreleasepoint.com ^ | 1/16/15 | unknown
    Satellite images released on 15 January 2015 provide indisputable and shocking evidence of the scale of last week’s attack on the towns of Baga and Doron Baga by Boko Haram militants. Before and after images of two neighbouring towns, Baga (160 kilometres from Maiduguri) and Doron Baga (also known as Doro Gowon, 2.5 km from Baga), taken on 2 and 7 January show the devastating effect of the attacks which left over 3,700 structures damaged or completely destroyed. Other nearby towns and villages were also attacked over this period. “These detailed images show devastation of catastrophic proportions in two towns,...
  • Why Did Hillary Clinton Defend Boko Haram?

    05/09/2014 8:50:11 PM PDT · by QT3.14 · 45 replies
    Powerline ^ | May 8, 2014 | John Hinderaker
    Boko Haram, the Islamic terrorist organization in Nigeria, is in the news because it kidnapped more than 200 teenage girls and now threatens to sell them into slavery. (That’s what a real war on women looks like.) This is just the latest of many outrages committed by Boko Haram, which is guilty of many acts of mass murder. But it has now come out that for two years, Hillary Clinton blocked efforts to add Boko Haram to the State Department’s list of terrorist organizations. This wasn’t just an episode of bureaucratic indifference. The Justice Department, the FBI, the CIA and...
  • Shortages Undermine Venezuela's Teetering Socialism

    01/17/2015 8:30:00 AM PST · by Oldeconomybuyer · 27 replies
    Investors Business Daily ^ | January 16, 2015
    Socialism: Venezuelans are being arrested for posting Internet photos of shortages in stores. So let's get this straight: Murder and mayhem are de facto legal in that crime pit, but posting evidence of socialism's failure merits jailing. As socialism plays out to its logical conclusion in Venezuela, the specters of long lines, rationing, troop enforcers, bizarre edicts and desperate statements are now the order of the day. Not only have more than a dozen Venezuelans been arrested for posting photographs of empty store shelves on social media, three governors have responded to long lines by — prohibiting them; ordering the...
  • Niger detains 17 in suspected "baby factory" ring

    06/26/2014 12:22:03 PM PDT · by aimhigh · 9 replies
    Vision.org ^ | 06/26/2014 | Reuters
    Authorities in Niger have detained 17 people, including wives of senior politicians, suspected of being involved in a baby-trafficking network, two legal sources said on Thursday. The arrests follow an investigation by Niger's police into 30 people suspected of acquiring new-born babies from "baby factories" in neighbouring Nigeria. The case has been referred to Niger's public prosecutor. Last year, Nigerian police raided several "baby factories", freeing dozens of pregnant girls who were being forced to bear children for sale.
  • Boko Haram fanatics abducted '500 women and children' after massacring 2,500 in one town

    01/16/2015 11:48:32 AM PST · by Mount Athos · 31 replies
    Daily Mail (UK) ^ | 16 January 2015 | Laurie Hanna and Jennifer Newton
    Islamist terror group Boko Haram has kidnapped hundreds of women and children at a school following a massive attack on the town of Baga earlier this month, according to an eyewitness. 'Boko Haram took around 300 women and kept us in a school in Baga', one unnamed woman was quoted as saying by Amnesty International in a statement. 'They released the older women, mothers and most of the children after four days but are still keeping the younger women.' Meanwhile, Nigeria's president has made a surprise visit to the heartland of the Boko Haram movement to meet survivors of the...
  • Oil services Giant Schlumberger to Lay Off 9,000, as Crude Prices Fall

    01/16/2015 6:25:36 AM PST · by SeekAndFind · 21 replies
    Yahoo Finance ^ | 01/16/2015 | Douglas A. McIntyre
    The drop in the price of oil will cost 9,000 workers at Schlumberger Ltd. (SLB) their jobs. The company disclosed: In response to lower commodity pricing and anticipated lower exploration and production spending in 2015, Schlumberger decided to reduce its overall headcount to better align with anticipated activity levels for 2015. Schlumberger recorded a $296 million charge associated with a headcount reduction of approximately 9,000. Unfortunately for the workers, the oil services company had good reason. Although fourth-quarter revenue rose 6% to $12.5 billion and operating income by 7% to $1.9 billion, the company believes the situation has deteriorated:
  • "It's As If The World Has Forgotten Us"

    01/15/2015 7:28:49 PM PST · by Steelfish · 5 replies
    CBSNews ^ | January 15, 2015 | DEBORA PATTA
    DEBORA PATTA CBS January 15, 2015 "It's As If The World Has Forgotten Us" JOHANNESBURG, South Africa -- #BringBackOurGirls. Remember that hashtag? The social media campaign that accompanied global outrage over Boko Haram's abduction of more than 200 Nigerian schoolgirls on the eve of their final exams went viral almost instantly. That was nine months ago. The girls have not been seen since and it appears the world is suffering from what one commentator called "collective amnesia." But for the people of Nigeria, there is no such thing as the luxury of forgetting and moving on. Hardly a week goes...
  • Suppose Islam Had a Holocaust and No One Noticed

    01/16/2015 3:01:22 AM PST · by Mount Athos · 13 replies
    FrontPage Mag ^ | January 16, 2015 | Daniel Greenfield
    While Western newspapers were debating whether or not to reprint the Mohammed cartoons, in Nigeria as many as 2,000 people were massacred by the Islamic State in Nigeria, also known as Boko Haram, in what is being called the deadliest attack by the Muslim group to date. Survivors described the Islamic State setting up efficient killing teams and massacring everyone while shouting “Allahu Akbar”. “For five kilometers (three miles), I kept stepping on dead bodies until I reached Malam Karanti village, which was also deserted and burnt,” one survivor said. There’s a word for that. It’s genocide. The Islamic State...
  • What do Boko Haram want?

    01/15/2015 4:51:51 PM PST · by SWAMPSNIPER · 16 replies
    lrb.co.uk ^ | Jan 15,2015 | Adewale Maja-Pearce
    There is much talk here in Nigeria of the world’s muted response to the latest outrage by the Boko Haram Islamic insurgents who sacked the entire town of Baga in the beleaguered north-east while any number of heads of state gathered in Paris to mourn the deaths of 17 French citizens. Double standards? Perhaps. But if so, what should we say about the silence of President Goodluck Jonathan in the face of the wholesale slaughter of his citizens – 2000 according to initial reports; 150 according to the government – even as his French counterpart was to be seen everywhere...
  • Saudi Arabia building massive wall along border to keep out ISIS

    01/15/2015 1:02:28 PM PST · by SeekAndFind · 20 replies
    Hotair ^ | 01/15/2015 | Noah Rothman
    The joke’s on them. Don’t the Saudis know that massive border fences do nothing to enhance domestic security and are, in fact, counterproductive? Well, I guess they’ll find out soon enough. According to reports, the Saudi Kingdom is fed up with defending against ISIS raiding parties that routinely cross over the Iraqi border. In order to stave off these assaults, the Saudis are going to build a massive, 600-mile long border fence across the length of the country’s border with Iraq. But that’s not all. The fence will be double layered with a concertina wire barrier in no man’s...
  • Saudi Arabia building 600-mile ‘Great Wall’ to keep out Islamic State

    01/15/2015 9:35:16 AM PST · by thackney · 54 replies
    Washington Times ^ | January 14, 2015 | Douglas Ernst
    With the Islamic State terrorist group in control of large swathes of Iraq, Saudi Arabia has decided to build a “Great Wall” that spans 600 miles. Construction of the security apparatus began in September and will include five layers of fencing, watch towers and night-vision and radar cameras
  • Boko Haram Appears to Be Using Abducted Girls as Suicide Bombers: Experts (#BRINGBACKOURGIRLS)

    01/15/2015 4:20:33 AM PST · by SJackson · 29 replies
    NBC ^ | 1-15-15 | Alexander Smith
    Three suicide bombings by girls aged as young as 10 suggest that Nigeria's Boko Haram has employed a new tactic of forcing abducted children to blow themselves up, according to experts. The Islamist sect has been carrying out almost daily killings and kidnappings across northeast Nigeria in a campaign of violence now in its sixth year. Deadly attacks on Saturday and Sunday were carried out by three young female suicide bombers. These came just days after a week-long killing spree by Boko Haram, in which the group torched at least 10 towns leaving around 2,000 people unaccounted for. It is...
  • Lifting Fed’s Oil Export Ban ‘Would Add 630,000 New Jobs’ and Lower Prices More (Ted Cruz)

    01/14/2015 12:46:32 PM PST · by 2ndDivisionVet · 25 replies
    CNS News ^ | January 14, 2015 | Phil Kerpen
    The politics of the crude exports issue are confused by a lot of irresponsible reporting. Almost every story on the issue asserts that allowing exports would be politically dangerous because it would supposedly raise prices at the pump, but the claim is never credibly sourced. In fact, every single serious study has found precisely the opposite: allowing crude exports would lower prices at the pump. With Senator Ted Cruz leading the charge on an amendment to end the export ban, some reporters will be working even harder to pretend his amendment is dubious or even destructive. But facts matter. The...
  • Russia braces for ‘junk’ downgrade as oil drags

    01/14/2015 11:45:10 AM PST · by Berlin_Freeper · 25 replies
    cnbc.com ^ | Jan 14 2015 | Holly Ellyatt
    The ruble continues to fall, sanctions are biting and the slide in the price of oil shows no sign of slowing – it's hitting Russia hard and means a credit rating downgrade to "junk" status could be on the way. Russia's Economy Minister Alexei Ulyukayev said on Wednesday that the chances of the beleaguered country's rating being downgraded to junk were "pretty high," according to the Interfax news agency.
  • The Impending Collapse Of Venezuela

    01/14/2015 11:56:15 AM PST · by Kartographer · 69 replies
    Forbes ^ | 1/13/15 | Frances Coppola
    Shortages are nothing new in Venezuela. Indeed, a shortage of toilet paper has been the subject of global amusement for quite some time. But recently, the shortages have become much worse. Last week, a government official was jeered for saying that long lines indicated that “Venezuela has plenty of food”, when rows and rows of empty shelves in stores were telling a different story. Bloomberg reports that people are queueing overnight for necessities such as soap, milk and diapers. This is very dangerous. Venezuela is already one of the most violent societies on earth. And when shortages start to affect...
  • Russia Just Pulled Itself Out Of The Petrodollar

    01/14/2015 10:37:04 AM PST · by tcrlaf · 30 replies
    Zerohedge ^ | 1-14-2015 | Durden
    Back in November, before most grasped just how serious the collapse in crude was (and would become, as well as its massive implications), we wrote "How The Petrodollar Quietly Died, And Nobody Noticed", because for the first time in almost two decades, energy-exporting countries would pull their "petrodollars" out of world markets in 2015. This empirical death of Petrodollar followed years of windfalls for oil exporters such as Russia, Angola, Saudi Arabia and Nigeria. Much of that money found its way into financial markets, helping to boost asset prices and keep the cost of borrowing down, through so-called petrodollar recycling....
  • Putin's Way [PBS documentary]

    01/14/2015 12:53:15 AM PST · by elhombrelibre · 51 replies
    The larger-than-life Russian leader has held power — with one title or another — for 15 years, and is set to reign for at least a decade more. Yet Putin remains inscrutable. With only a smattering of biographical details released to the public and his sometimes puzzling public appearances, scholars — and even many world leaders — still struggle to understand the man at the helm of the Kremlin. To glean a clearer picture, FRONTLINE took a closer look at some of the most identifiable aspects of Putin’s public persona. --------------------------------------------------------- Putin’s Way, FRONTLINE’s investigation into the accusations of criminality...
  • Why does no one believe the Saudis?

    01/13/2015 10:39:27 AM PST · by thackney · 79 replies
    Oil Pro ^ | 1/13/2015 | Don Minter
    I've been in the oil patch for close to 30 years. During that time, I have seen oil price go down to about $10 per barrel, and I have seen the price rise to over $100 per barrel. I have seen the price swing for no reason at all. I have heard different bogeymen being blamed for changes in the oil price. Supply and demand are certainly part of the oil price equation, but speculation has been a major price driver for at least the last couple of years, beyond the S&D factors. Right now, the Saudis are being blamed...