So yes, we're seeing the oil price dropping every day, seems like a free fall. Where it will end? It already reached some levels we though impossible a few years ago. One other question is how this affects who?
Well you have the oil producing countries first. Yeah, Arabs and all that but also Russia. The oil price going down means Russia will have to do with a reduced budget after all. Less money for weapons and researching that new line of Suhoi airplanes.
On the other hand it affects consumers, regular Joes like you and me. Or it should have. The fuel price has dropped a litlle but not dramatically, maybe those oil businesses want to keep the extra dollars for themselves as profit. And really how can blame them? As long as the people pay for what they charge they have no reason to lower their price just because the oil barrel price falls no?
Saturday, January 30, 2016
Wednesday, January 6, 2016
New nuclear test from North Korea - The H-bomb
Well it seems little old Kim is really boring these days, left out of party people to execute with cannons and decided it's time to do another nuclear bomb test. He knew it would upset the Americans, South Koreans, Japanese but he didn't really cared. According to the official agency in North Korea the test was a success but then again how would they dare it to present it otherwise?
Except for the case it fell dirrectly on Kim's head and exploded sending the only fat boy in that country in outer space it's safe to assume the news report would present it as a glowing victory of the nation and the communist party. Maybe the proud citizens would forget about their hunger for a few days. "Let's begin the year of 2016 ... with the thrilling sound of our first hydrogen bomb explosion, so that the whole world will look up to our socialist, nuclear-armed republic and the great Workers' Party of Korea!" Kim wrote in a handwritten message near his signature ( Oh and bring me some peperonni pizza!)
However the fat boy knows he can count on its big neighbouring friend China to help in times of trouble. Theoretically they share the same Communist regime but actually none of the countries government has anything else to do with it rather than a thin facade to fool the masses. Will more and hader sanctions be imposed on North Korea this time or it's again bluffing and cowardice from the UN superpowers?
Except for the case it fell dirrectly on Kim's head and exploded sending the only fat boy in that country in outer space it's safe to assume the news report would present it as a glowing victory of the nation and the communist party. Maybe the proud citizens would forget about their hunger for a few days. "Let's begin the year of 2016 ... with the thrilling sound of our first hydrogen bomb explosion, so that the whole world will look up to our socialist, nuclear-armed republic and the great Workers' Party of Korea!" Kim wrote in a handwritten message near his signature ( Oh and bring me some peperonni pizza!)
However the fat boy knows he can count on its big neighbouring friend China to help in times of trouble. Theoretically they share the same Communist regime but actually none of the countries government has anything else to do with it rather than a thin facade to fool the masses. Will more and hader sanctions be imposed on North Korea this time or it's again bluffing and cowardice from the UN superpowers?
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