Oil experts say Venezuelan production is slipping and ChÃ¡vez’s industry policy for the long term is risky. Venezuela, like Mexico and Iran, needs reinvestment and foreign investment to keep its $100 billion industry in prime condition. But with China’s and India’s demand for crude inspiring projections for exponential growth and the U.S.’s determination to remain a slave to oil, the oil industry may well have hit a point when the short term is the long term–every barrel not pumped today will be worth more tomorrow. “The Venezuelans are investing as much as they want to,” says economist Mark Weisbrot, a co-director of the Center for Economic Policy and Research in Washington. “That is, they’re not in a hurry at all to expand production.”
Monthly Archives: November 2007
The arrests of three men who allegedly tried to sell contraband uranium for $1 million show how a shadowy market for nuclear components has survived despite tightened security at nuclear facilities, experts said yesterday.
There are signs, however, that discontent with Chavez is growing. Earlier this month, Gen. Raul Isaias Baduel, former defense minister and a long-time Chavez supporter, labeled the proposed constitution a â€œcoup dâ€™etat.â€ Dissent is appearing within the ranks of the military as well (Miami Herald). â€œThere is a fairly widespread discontent, which doesn’t have much political expression as of now,â€ says Edgardo Lander, a sociologist at the Central University of Venezuela, told the Christian Science Monitor.
Russians go to the polls on Sunday. The dominant party, United Russia, enjoys moderate support, but its leaders expect nothing short of a resounding victory. SPIEGEL presents five regional snapshots of a nation with eleven time zones, pinning its hopes on one man — Vladimir Putin. By Uwe Klussmann, Walter Mayr and Matthias Schepp more…
Japan has refused a Chinese request to tour an advanced combat ship as the US-China spat over Beijingâ€™s refusal to allow a US aircraft carrier to dock in Hong Kong last week spilled over into Sino-Japanese military relations.
A person familiar with the Japanese decision said that the Pentagon said the move would not be appropriate given Chinaâ€™s decision last week to deny the USS Kitty Hawk permission to dock in Hong Kong over Thanksgiving.
The head of Britain’s domestic security service has warned business leaders that China has been carrying out state-sponsored espionage against vital parts of the economy.
The director-general of MI5, Jonathan Evans, wrote to 300 chief executives and security heads at banks, accountancy and legal firms, warning them they were under attack from “Chinese state organisations” via the Internet, The Times said Saturday.
The Ashoura is a multi-stage, solid-fueled missile that could be very effective for long-range strategic use. The stated range of the Ashura is 1,240 miles.
The Shahab-3 is a single-stage, liquid-fueled missile, and that makes it much more difficult to use than the recently announced solid-fuel “Ashoura” missile. The range of the Shahab-3 is in question. The Iranians have moved the range of Shahab-3 from 930 miles to beyond 1,600.
The Iranian Shahab-3 is a single-stage, liquid-fueled, road-mobile, medium-range ballistic missile with a range of approximately 800 miles (1,280 km). A MRBM variant, sometimes called Shahab-4, has a range of more than 1,200 miles (1,930 km).
Shahab-3 is capable of carrying a 1,000-760 kilogram warhead. Fewer than 20 launchers were deployed as of March 2006, according to Air Force Intelligence. The variant was not deployed at the time.
Shahab-3 means Meteor-3 or Shooting Star-3 in Farsi [alternatively designated Zelzal (Earthquake)] is derivative from the 1,300-1,500 kilometer range North Korean No-dong missile.
French authorities express concern over Iran’s newly developed missile, which is capable of hitting targets within a 2,000 km range.
French Foreign Ministry spokeswoman Pascale Andreani said Tuesday that Paris considers Tehran’s announcement a ‘great concern’.
Iran’s avowed new missile, Lt Gen Obering said, “is different, that’s what surprises us.” He would not elaborate on how. “That’s what we’re concerned about, this unbridled, continuing development and potential proliferation of these weapons. That’s why we think it’s important to begin now” on a European missile defence, he said.
Iran’s new missile, military milestone
PRESS TV, Iran -
According to Rubin, Ashoura would significantly increase Iran’s missile capabilities both in terms of range and reduced launch-time, and its solid-fuel …
Iran’s new ballistic Ashoura missile has widely been seen as a breakthrough in the development of the country’s defense industry.
The new missile has an estimated range of 2000-2500 km and uses solid-fuel, Jane’s Defense Weekly reported.
Polish Missile Defense – Is Poland Now In Range Of Iran’s Missiles?
Defense minister: Iran developing 2000-km-range missile
World Briefing | Middle East Iran: New Long-Range Missile
Putin suspends Russian adherence to Cold War arms treaty: Kremlin
MOSCOW (AFP) â€” President Vladimir Putin has signed into law a decision to suspend Russia’s adherence to a Cold War treaty limiting military forces in Europe …
Russia suspends arms control pact
Putin signs law suspending Russian participation in CFE treaty
Russia suspends participation in Cold War arms treaty