SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (30281)3/3/2008 3:44:45 AM
From: TobagoJack  Respond to of 218253
 
emergency fed meeting expected tuesday

hk looks down big time today - a lovely, crimson, 300 basis points

gold looks lovely, at 980

the arena wants blood, in copious quantity, unrestricted flow, and no time for loud screaming allowed

i may miss the first silent screams on ny market open tonight, because i have to attend a party at a european power's consulate home overlooking the ocean, to suitably transported in my new toy - weather is beautiful, should be a top down night :0)

i am looking forward to return before midnight, to flip on the liquid-cooled pc, and to take temperature of the market heat from across the ocean



To: energyplay who wrote (30281)3/4/2008 6:37:51 AM
From: elmatador  Read Replies (1) | Respond to of 218253
 
Chavez concots wayo to keep oil high. Latin America scrambles to defuse crisis in the Andes

CARACAS, March 4 (Reuters) - Latin America scrambled to defuse a three-nation crisis that threatens the region's stability after Venezuela and Ecuador cut diplomatic ties with Colombia and ordered troops to their neighbor's border.

The Organization of the American States, the region's top diplomatic body, will hold a crisis session in Washington on Tuesday to press for a negotiated end to a dispute that erupted after a weekend Colombia raid to kill a rebel inside Ecuador.

Ecuador's President Rafael Correa will also start a five-nation tour of the region -- including to leftist ally Venezuela -- to lobby for support against what he calls a premeditated violation of sovereignty.

"This is not a bilateral problem, it's a regional problem," Correa told Mexican television. "Should this set a precedent, Latin America will become another Middle East."

Latin American governments generally lined up to condemn conservative Colombian President Alvaro Uribe for sending troops and warplanes over the border in an attack on a jungle camp that killed a senior FARC rebel.

Nicaraguan President Daniel Ortega, a former guerrilla and a close leftist ally of Venezuela and Ecuador and who has a territorial dispute with Colombia, accused Uribe of becoming a threat to Latin America.

The region's diplomatic heavyweight, Brazil, demanded Uribe apologize to Correa. It also worked on the crisis with Argentina, whose president will visit Venezuela on Wednesday.

"This conflict ... is beginning to destabilize regional relations," said Marco Aurelio Garcia, Brazilian President Luiz Inacio Lula da Silva's foreign policy adviser. "We are mobilizing all of Brazil's diplomatic resources and those of other South American capitals to find a lasting solution."

U.N. Secretary-General Ban Ki-moon urged the three countries to exercise restraint and address their concerns "in the spirit of dialogue and cooperation that has traditionally characterised their relations," his spokeswoman said in a statement issued in Geneva just before he left for New York.

Major powers such as France and the United States, as well as U.S. presidential candidates, also urged diplomacy to defuse the tensions.

Venezuelan President Hugo Chavez, who has negotiated the release this year of rebel hostages, called the guerrilla leader's death a "cowardly assassination" by a U.S.-backed president who did not want more captives freed.

Chavez and Correa expelled Colombia's diplomats from their capitals on Monday.

Colombia also fueled the tensions by accusing Chavez of funding Latin America's oldest insurgency -- a charge denied by the anti-U.S. president's aides.

Despite the three leaders' brinkmanship and the risk of military missteps, political analysts said a conflict was unlikely on borders that stretch from parched desert through Andean mountains and jungles to the Pacific Ocean.

Chavez, the leader of a growing bloc of Latin American leftist presidents, may fire up his supporters by challenging Uribe but he can ill afford to lose food imports from Colombia as he combats shortages in his OPEC nation, analysts said. (Additional reporting by Alonso Soto in Quito, Patrick Markey in Bogota, Anahi Rama in Mexico City and Raymond Colitt in Brasilia;)