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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (89956)11/26/2006 3:04:15 PM
From: Wharf Rat  Read Replies (1) | Respond to of 361609
 
It's the Great Game, folks. We're getting beaten.


India, China to form joint venture to acquire oil assets

New Delhi, Nov 26: Energy-hungry India and China, often fierce rivals in the race for global oil and gas supplies, have agreed to form a joint venture company for acquisition of hydrocarbon assets in Africa and Latin America.

While the November 20-23 visit to India by Chinese President Hu Jintao produced plenty of economic commitments, the concept of increased collaboration on securing energy assets was clearly missing from the official agenda.

But this did not deter Petroleum Minister Murli Deora from using his old friend Chinese Commerce Minister Bo Xilai to get a midnight audience with Ma Kai, the all powerful chairman of the National Development and Reform Commission, China's top planning agency.

Sources said Deora's unscheduled meeting with Ma Kai, who looks after seven key economic portfolios, including energy, brought about the critical meeting of minds on the need for the two countries to bid together for oil assets so as to avoid a price war.

"Both countries have in-principle agreed to work out a mechanism to bid jointly for oil and gas properties in Africa and Latin America. Indian and Chinese flagship companies will pool resources together to form a special purpose vehicle or a joint venture company to scout for assets in third countries," a source said.

An agreement for the purpose is likely to be signed in Beijing next month when Deora will visit to attend a ministerial meeting of oil importing countries.

China is hosting a meeting of energy ministers of US, Japan, Korea and India on December 15.

Bureau Report
zeenews.com



To: Wharf Rat who wrote (89956)11/26/2006 3:18:38 PM
From: Patricia Trinchero  Read Replies (1) | Respond to of 361609
 
I think I heard that a flock of birds in Korea had come down with the H5N1 virus. The birds were all killed.

Here we go for another round of Bird flu scares.

iht.com

South Korea begins slaughtering poultry to stem spread of bird flu virus
The Associated PressPublished: November 26, 2006


SEOUL: South Korean quarantine officials on Sunday began slaughtering more than 200,000 poultry after an outbreak of the virulent H5N1 form of bird flu at a chicken farm, the agriculture ministry said.

A total 236,000 poultry within a 1,650-foot radius of the outbreak site in Iksan will be slaughtered to keep the virus from spreading, ministry official Kim Chang-sup said.

The outbreak occurred last week, resulting in the deaths of 13,000 chickens - 6,700 a direct result of infection and the rest culled. South Korea killed 5.3 million birds during the last known outbreak of bird flu in 2003.

The H5N1 virus began ravaging Asian poultry stocks in late 2003 and has killed at least 153 people worldwide.

So far, the disease remains hard for people to catch, and most human cases have been traced to contact with infected birds. But experts fear it will mutate into a form that is easily spread among people, possibly creating a pandemic.

Also last week, a low-grade strain of bird flu killed 200 chickens in a separate outbreak south of Seoul. The Agriculture Ministry said the strain was neither H5N1 nor the less dangerous H5N2.



To: Wharf Rat who wrote (89956)11/26/2006 9:14:04 PM
From: manalagi  Read Replies (1) | Respond to of 361609
 
Bush violates diplomatic protocol like when he gave Angela Merkel shoulder massage. He feels that anything he can get away with anything he does.