Archive for September 23, 2022

Russia Doesn’t Need Our Business

Posted in uncategorized with tags on September 23, 2022 by andelino

It is making more on oil and gas now than before the Ukraine war.

Russia is earning more money on oil and gas exports than last year, even with a decreased volume of sales. So far in 2022, Russia has earned an average of $20 billion per month, compared with the 2021 average of $14.6 billion—despite exports being three quarters of last year’s volumes. Data from the International Energy Agency (IEA) oil market reports show that this July, Russia exported 7.4 million barrels per day on average compared to 9.6 million last July. In the first 100 days after the invasion of Ukraine, Russia earned $93.4 billion from oil and gas exports alone, according to the Center for Research on Energy and Clean Air.

more at “Russia Doesn’t Need Our Business”

The Panama Canal

Posted in uncategorized with tags on September 23, 2022 by andelino

America forfeited its greatest seaway—to what end?

hen United States President Jimmy Carter finished signing his name on the treaty document, the room burst into wild applause. Sitting next to the leader of the free world, wearing a triumphant smile, was the Communist president of Panama, Omar Torrijos. During the ceremony, President Carter remarked: “This opens a new chapter in our relations with all nations of this hemisphere, and it testifies to the maturity and the good judgment and the decency of our people. This agreement is a symbol for the world of the mutual respect and cooperation among all our nations.”

Read more at “The Panama Canal: The Gate of His Enemies”

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