Russia (Gazprom) and Ukraine signed a natural gas supply agreement, with the EU/IMF apparently a party to the deal.
This includes ~$1.5 B worth of natgas supplies thru March 2015, cash upfront. Part of the deal is an agreement by Ukraine to repay $3.1 B of its unpaid bills to gazprom by the end of this year. EU and IMF are providing financing for Ukraine, which is broke after everything that happened this year. Price was $365-$378 / 1000 m^3, which was a sort-of a compromise between Ukraine’s old discount and the “full” list price Gazprom asked for after Ukraine turned hostile.
whoooa, Daashi music video!
Originally posted on Phil Ebersole's Blog:
Via Frankly Curious.
Humor in the face of danger.
This music video from Iraqi Kurdistan reminds me of how British and Americans in World War Two always regarded Hitler as ridiculous rather than fearsome—the equivalent of the Charlie Chaplin character in “The Great Dictator.”
Video interview series on Democracy and Capitalism. 4 or 8 parts released as of now. I didn’t know about Sheldon Wolin before, interesting to hear him speak — he presents a new angle on the subject for me.
(Fyi, this all is somewhat critical of capitalism, taking the point of view that the natural tendency is for economic power to concentrate to the point where it takes over everything, that such concentration of power is harmful, and that it is appropriate to come up with a way to prevent or counteract it.)
Here are the first 3 segments (20-25 mins each):
Originally posted on In Saner Thought:
I wish I had a good intro to this press….but the best thing I can think of…….it is a disgusting idea…..that any American would consider this a good idea and if they do………. how can they sleep at night.
At what point does this fly into the face of what this country stands for?……..has compassion been replaced with selfish indulgence?
A shameful story…….