U.S. energy independence will not affect Arab oil’s ‘pivotal role’: report

Arab Gulf states are heavily reliant on oil and gas production for economic and security needs. (AFP)

By AL ARABIYA

The Middle East will continue to play a “pivotal role” in supplying global markets with oil, much needed for sustainable economic growth, even if the United States becomes self-sufficient in oil and gas production, as projected within a few years, U.S. think-tank the Atlantic Council said in a report.

“U.S. energy production has been more than offset by the decline in non-OPEC production,” making Arab oil still vital for the global economy, Odeh Aburdene, president of OAI Advisors - an advisory firm providing consultancy on Middle East business, energy and private equity - said in the report.

“It is expected that world energy consumption in the next twenty years will increase by 30 percent. Thus, it is premature to herald the demise of Arab oil,” Aburdene added.

“The significance of Middle East oil does not arise from U.S. oil imports from the region, but from its production capacity to supply some of the major world economies with oil at reasonable prices.”

Geopolitical problems, such as the Iranian nuclear program, the Arab-Israeli conflict and political transition, will continue to make the United States “deeply engaged in the region for a long time,” he said.

Thousands of protesters clash with police in Chicago: Chaos in the Windy City as 45 activists arrested and one cop stabbed after demonstrators target NATO

By DAILY MAIL REPORTER Thousands of demonstrators upset with the war in Afghanistan, climate change and the erosion of union rights have raised the intensity of a march in downtown Chicago on Sunday as world leaders assembled for a NATO summit. The protest, one of the city's largest in years, turned violent at the end of an anti-NATO march, where demonstrators confronted Chicago police, pushing against a line of officers several blocks from the lakefront convention center where President Obama hosted a gathering of world leaders. Authorities were seen making arrests one by one and leading individual demonstrators away in handcuffs. After a clash near McCormick Place, Chicago Police Superintendent Garry McCarthy said at a news conference that the protests resulted in 45 people being arrested and four officers suffering injuries - one from a stab wound in the leg. Scroll down for video Clash: Demonstrators try to flee the police as they are move in on them ...

Mushikiwabo to UN: Enhance civilian protection

By Eugene Kwibuka Rwanda’s Minister of Foreign Affairs and Cooperation has urged the United Nations Security Council (UNSC) to invest more energy in the prevention of conflicts for better protection of civilians living in conflict-torn areas. Rwanda’s Foreign minister, Louise Mushikiwabo Louise Mushikiwabo made the call during an open debate on the protection of civilians in armed conflict which the UNSC held in New York on Tuesday. “Rwanda’s core message today is that enhancing the protection of civilians in armed conflict requires action before a conflict starts. The proliferation of non-state armed groups makes civilian protection both more urgent, and harder to achieve,” she said. For better protection of civilians in armed-conflict areas, the minister emphasised the need to increase investments in professionalising the military and police forces through adequate training. “Only when the leadership of armed forces shares the international...

Mwana muziki Marufu kwa jina la Chuck Brown Afariki Dunia Akiwa na umri wa miaka 75

View Photo Gallery — Chuck Brown dies at 75: The “godfather of go-go” has died By Chris Richards, Updated: Wednesday, May 16, 4:42 PM Chuck Brown, the gravelly voiced bandleader who capitalized on funk’s percussive pulse to create go-go, the genre of music that has soundtracked life in black Washington for more than three decades, died May 16 at the Johns Hopkins University hospital in Baltimore. He was 75. The death, from complications from sepsis, was confirmed by his manager, Tom Goldfogle. Mr. Brown had been hospitalized for pneumonia. Known as the “Godfather of Go-Go,” the performer, singer, guitarist and songwriter developed his commanding brand of funk in the mid-1970s to compete with the dominance of disco. Like a DJ blending records, Mr. Brown used nonstop percussion to stitch songs together and keep the crowd on the dance floor, resulting in marathon performances that went deep into the night. Mr. Brown said the style got its name because “the music j...

MTAZAMO WA JAMII

Search This Blog