Britain sold Libya more than $6 million in ammunition, including riot-control ammo, in the third quarter of 2010 aloneÃ¢â¬âa chapter in shame that Prime Minister David Cameron (who recently flew to Egypt to strike a relationship with the nascent regime there) might wish to rectify.
More tangibly, in 2007, BP signed a $900 million deal with Libya to dig 17 exploratory wells across an area 10 times the size of BP's quite extensive operations in the Gulf of Mexico.
Why is official Washington so obsessed with the idea of overthrowing these governments? The answer has everything to do with Iran, China, and Russia. As regards Iran, the State Department policy is notoriously the attempt to assemble a united front of the entrenched Arab and Sunni regimes to be played against Shiite Iran and its various allies across the region.
[url="http://uk.news.yahoo.com/22/20110224/tpl-uk-libya-gaddafi-minister-43a8d4f.html"]Gaddafi will take his own life and not flee [/url]
Quote:Muammar Gaddafi will commit suicide the way Adolf Hitler did at the end of World War II rather than surrender or flee, a former Libyan cabinet minister told a Swedish newspaper in an interview published on Thursday. Skip related content
"Gaddafi's days are numbered. He will do what Hitler did -- he will take his own life," former Justice Minister Mustafa Mohamed Abud Al Jeleil told Expressen in an interview in Al Bayda.
Al Jeleil resigned this week in protest at violence used by the government against demonstrators opposed to Gaddafi. The leader is battling to preserve his 41-year rule.
02-26-2011, 04:55 AM (This post was last modified: 02-26-2011, 04:56 AM by Naresh.)
[center][size="5"][color="#006400"]HEROIC OIL COMPANIES OFFER TO FLY LIBYAN OIL TO SAFETY[/color][/size][/center]
TRIPOLI - As chaos mounts in Libya, concerned petroleum firms across the globe have made a courageous pledge to fly all of LibyaÃ¢â¬â¢s oil to safety.
[center]Oil barrels await their plane ride to safety.[/center]
Ã¢â¬ÅWe have watched the events in Libya unfold in horror, and we cannot stand idly by and allow billions of innocent barrels to be in harmÃ¢â¬â¢s way,Ã¢â¬Â said CEO James Mulva of ConocoPhillips, one of 10 firms to send planes and ships to rescue oil from Libyan leader Muamar Gaddafi.
Energy companies said they were particularly alarmed after rumors spread that Gaddafi plans to destroy oil fields, much as IraqÃ¢â¬â¢s Saddam Hussein did during the Gulf War. Executives said they were shocked and saddened the admittedly ruthless dictator would stoop so low.
Ã¢â¬ÅGaddafi used to be someone you could count on,Ã¢â¬Â said BP spokesman Keith Hart. Ã¢â¬ÅYes, he was behind the Pan Am 103 bombing, which killed 280, and the French airplane downing that killed 170, and the Berlin disco bombing that killed and wounded 200, and he funded the Irish Republican Army, which killed thousands. But he always treated oil with dignity.Ã¢â¬Â
Libya produces 1.6 million barrels of oil a day, or roughly 2 percent of the worldÃ¢â¬â¢s output. Gas and oil prices have surged as the continued violence threatens to interrupt operations. This makes any rescue attempt dangerous, but the risk is worth the effort, said Hess CEO John B. Hess.
Ã¢â¬ÅTwo percent may seem small, but put it in perspective,Ã¢â¬Â Hess said. Ã¢â¬ÅIf 2 percent of the worldÃ¢â¬â¢s population were in danger, we would be talking about 120 million people.
Ã¢â¬ÅThat would be a frightening number,Ã¢â¬Â he added. Ã¢â¬ÅIf people were as valuable as oil.Ã¢â¬Â
According to energy firm officials, millions of barrels of oil are stranded in Libya, many cowering in fear as they await liberation from the widening crisis. Billions more are laying low, untapped and underground, hoping for a chance to escape to Europe and the West.
In Spain, energy company Respol says it has been scrambling to get information on its oilÃ¢â¬â¢s whereabouts.
Ã¢â¬ÅWe have not seen or been in contact with any of our oil for the past two days and we are very concerned for its welfare,Ã¢â¬Â said company spokesman Xavi Torres. Ã¢â¬ÅThe situation is chaotic, but we will do everything we can to free the oil from this barbarous dictator. Unless he remains in power, in which case please replace Ã¢â¬Ëbarbarous dictatorÃ¢â¬â¢ with Ã¢â¬Ëvalued ally.Ã¢â¬â¢Ã¢â¬Â
Italian firm ENI, meanwhile, has set up a toll-free number for anyone who has seen its oil. German company Wintershall has posted flyers across the country with pictures of its missing product. Ã¢â¬ÅHave you seen this barrel?Ã¢â¬Â the caption reads.
In anticipation of rescue, thousands of barrels of oil have packed into TripoliÃ¢â¬â¢s airport, competing for space with foreign nationals who also hope to escape the widening crisis. The fight for seat space has proven volatile as passengers protested, with many chanting Ã¢â¬ÅPeople first, oil second!Ã¢â¬Â Repeated attempts by oil company officials to correct their math were rebuffed.
Ã¢â¬ÅI have a first-class ticket out and I want to sit next to my husband, not a barrel of crude oil,Ã¢â¬Â said British national Helen Gerrard, hoping to make it back to her home outside London.
Marathon Oil spokesman Lee Heardly, however, promised passengers this would not happen. Ã¢â¬ÅOnly refined oil will be in first class,Ã¢â¬Â Heardly said. Ã¢â¬ÅCrude oil will fly economy. Obviously.Ã¢â¬Â
On the political front, governments from the United States to Italy have been criticized for not speaking out stronger on Libya. Many, including President Obama, have threatened sanctions against Gaddafi and come out in support of LibyaÃ¢â¬â¢s people, but nothing more.
Ã¢â¬ÅFrankly, we are disappointed that the President of the United States and other leaders have not clearly demanded that LibyaÃ¢â¬â¢s oil be free,Ã¢â¬Â said Ray Irani, CEO of Occidental Petroleum, AmericaÃ¢â¬â¢s fourth-largest U.S. oil company. Ã¢â¬ÅWhat do we pay these people for?Ã¢â¬Â
[url="http://thecable.foreignpolicy.com/posts/2011/02/25/obama_declares_national_state_of_emergency_over_libya"]Obama declares national state of emergency over Libya [/url]
Quote:The executive order itself condemns the "wanton violence against unarmed associates" perpetrated by Qaddafi, his sons, his government, and his close associates. Effective immediately, all U.S.-based assets of Qaddafi and his four sons are to be frozen and transactions intended to move those assets are prohibited. The order allows the measures to be expanded to include any member of the Libyan government who are determined to be complicit in Qaddafi's brutality.
Quote:The National Emergencies Act (50 U.S.C. 1601-1651) is a United States federal law passed in 1976 to stop open-ended states of national emergency and formalize the power of Congress to provide certain checks and balances on the emergency powers of the President. The act sets a limit of two years on states of national emergency. It also imposes certain Ã¢â¬Åprocedural formalitiesÃ¢â¬Â on the President when invoking such powers.
The perceived need for the law arose from the scope and number of laws granting special powers to the executive in times of national emergency (or public danger).
At least two constitutional rights are subject to revocation during a state of emergency:
The right of habeas corpus, under Article 1, Section 9;
The right to a grand jury for members of the National Guard when in actual service, under Fifth Amendment.
In addition, many provisions of statutory law are contingent on a state of national emergency, as many as 500 by one count.
It was due in part to concern that a declaration of Ã¢â¬ÅemergencyÃ¢â¬Â for one purpose should not invoke every possible executive emergency power that Congress in 1976 passed the National Emergencies Act. Among other provisions, this act requires the President to declare formally a national emergency and to specify the statutory authorities to be used under such a declaration.
[url="http://news.yahoo.com/s/ap/20110228/ap_on_re_mi_ea/ml_egypt"]Mubarak's wife, son prevented from boarding plane[/url]
Quote:The officials said Monday that Mubarak's wife Suzanne and younger son Gamal tried to board a private jet Sunday at the airport in Sharm el-Sheikh, where they have been staying since Mubarak stepped down on Feb. 11.
Authorities told them they cannot leave without special permission.
Remittances are such a key component of Kerala's finances, earning the state the sobriquet of being a money-order economy.
In 2010, of Kerala's total commercial bank deposits worth Rs 1,43,404 crore, NRI deposits accounted for Rs 36,886 crore, or 26%. And in the near future, crores of rupees were expected to flow into Kerala through the Islamic NBFC route, to fund mega infrastructure projects.