Just finished work.
getting a steak at a local joint...
I think we are in the middle of tech war fare
Even as global financial powerhouse Goldman Sachs has forecast a loss of $1 trillion for the global oil industry if the benchmark Brent crude oil price remains below $60 a barrel, Indian oil producers led by Oil and Natural Gas Corporation (ONGC), Reliance Industries, Oil India and Cairn India have already lost combined market value worth Rs 1,40,000 crore in six months. There has been a 46 per cent fall in global crude oil prices in the said period.
A Goldman Sachs report has said global oil producers will lose $1 trillion as they will be forced to shut unviable projects, with oil around $60 a barrel. The research looked at 400 wells across the world awaiting investment decisions.
Deep sea oil fields that require billions of dollars of investment will be at high risk, the report says.
The total investment at risk is $930 billion and oil companies will need to cut their expenses by 30 per cent to make their projects viable provided oil remains around $70 a barrel.
China is aiming to purge most foreign technology from banks, the military, state-owned enterprises and key government agencies by 2020, stepping up efforts to shift to Chinese suppliers, according to people familiar with the effort.
The push comes after a test of domestic alternatives in the northeastern city of Siping that was deemed a success, said the people, who asked not to be named because the details aren't public. Workers there replaced Microsoft Corp.'s (MSFT) Windows with a homegrown operating system called NeoKylin and swapped foreign servers for ones made by China's Inspur Group Ltd., they said.
The plan for changes in four segments of the economy is driven by national security concerns and marks an increasingly determined move away from foreign suppliers under President Xi Jinping, the people said. The campaign could have lasting consequences for U.S. companies including Cisco Systems Inc. (CSCO), International Business Machines Corp. (IBM), Intel Corp. (INTC) and Hewlett-Packard Co
MOSCOW, December 17. /TASS/. Russia’s Energomash scientific and production company has concluded a contract to deliver rocket engines to the US corporation Orbital Sciences, the Izvestia newspaper said on Wednesday.
The engines will be used for the first stage of Antares rockets beginning 2015.
Energomash will deliver 60 engines to the US corporation, the newspaper cited a high-ranking Roscosmos source as saying. There is a contract to supply 20 engines, and the work has already started to deliver the first two units in June, and there are two more options, each for 20 units.
The contract is concluded directly between Orbital Sciences and Energomash.
The contract costs about one billion dollars. It includes the cost of engines and services - flight preparations, the installation of an engine on a rocket and tests.
The Russian space agency source said the RD-181 engine was developed specially for the Antares. The development was based on the Angara RD-191, he added.
Energomash and Orbital Sciences gave no comments.
It was the second big contract concluded between Energomash and the US company, the newspaper said.
if i didn't know better....i'd say you know me better than most.
Ebola plays tomorrow. still looking at gold.may just keep looking though. i am definitely due.
I think Spears must be to picky.
Just stock up on paper bags.
Attend a braille class. Blind date angle.
Become a foster parent for 45 year old females.
Join the First Wives Club.
Walk a cute puppy in front of the welfare office.
Buy a Santa Claus costume and volunteer for a Las Vegas Show Girl Christmas party.
Get desperate man.
I've been good to the g friend....I've been fending of the advances of my fans
But i do like their interest......because im an animal.....just sayin
How you doing with the lady's?
Ever want any bad advise im there for you
Sold uco for sco earlier last week and made my money back.
Another punch in the face.
My 401 is being transferred between companies and the new one doesn't allow for individual stocks.
I am liquidating my shares and a lot of that Friday LTBR volume was mine.
Won't be able to roll the 401 over until the middle of January so I hope Seth stays quiet until then.
Who knows it might work out for the best.
Which Brenda Lee song will it be ? "Rockin Around the Christmas" Tree or "I'm Sorry"
went with the bios today....i killed it yesterday and today it killed me. still watching gold, i kind of like some of the miners...we'll see.
I bought some VJET under 8. Back in nlnk. I think nlnk back in 40s between now and January with possibility of a spike. Spears.......you widdling new teeth?
it might just be a merry old Christmas after all. don't blame me Seedy,you brought it up.
AKG DRD HMY RBY THM VGZ Super ?
great day today and my pockets are full.... don't want to miss out on the speculative fun.
Its a Mad, Mad, Mad, Mad World
Police Chief Aloysius: [to Captain Culpeper] It's no. The answer is no. He won't back any increase in pensions. He won't even talk about it. And there won't be any increase in pensions. And do you know why? Because they got a solid majority of both Republicans and Democrats who've agreed that if anything is said about pensions, they'll actually reduce your pension! Why? Because they know that you personally were more responsible than anybody else for closing down the houses. And could I do anything? Would he listen to me? Hah! All right. So you're an honest cop. And you've spent a lifetime being an honest cop. And you've got that, and that's all you've got! It's no good saying I'm sorry. I'm too angry and sick at my stomach to be sorry.
WASHINGTON (AP) — Time running short, Republicans and Democrats agreed Tuesday on a $1.1 trillion spending bill to avoid a government shutdown and delay a politically-charged struggle over President Barack Obama's new immigration policy until the new year.
In an unexpected move, lawmakers also agreed on legislation expected to be incorporated into the spending measure that will permit a reduction in benefits for current retirees at economically distressed multiemployer pension plans. Supporters said it was part of an effort to prevent a slow-motion collapse of a system that provides retirement income to millions, but critics objected vehemently
‘If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.’ Keynes (and Marxe, and Greenhouse, and Stettner)