The Egypt-brokered truce deal between Israel and Hamas regarding the Gaza portion of Palestine continues to move forward, and the new peace initiative out of Somalia is providing hope and inspiration to many in Mogadishu and other war-torn regions of this beautiful African country.
Peace 2 All,
Yuya
Hamas officials in Egypt to discuss potential truce with Israel
CAIRO, Egypt: Top Hamas leaders opened discussions Sunday with Egypt's chief of intelligence to work out a truce between the militant group and Israel, officials said.
On Thursday, Israeli negotiator Amos Gilad was in Egypt to convey his country's position on the latest Egyptian proposal in talks that have dragged on for months.
The officials said Moussa Abu Marzouk and Mohammed Naser were discussing with Egyptian intelligence chief Omar Suleiman these proposals.
The officials spoke on condition of anonymity because they were not authorized to speak to reporters.
Both sides have set tough conditions for a truce.
Israel wants Hamas and Egypt to stop the smuggling of weapons into Gaza and to promise progress in the talks to release Cpl. Gilad Schalit, an Israeli soldier snatched by Palestinian militants two years ago.
Hamas, for its part, is demanding Israel lift a blockade of Gaza that has imprisoned most of the territory's 1.4 million residents and caused widespread shortages of fuel, electricity and commercial goods.
Israel virtually sealed off Gaza after Hamas violently seized control of the territory in June last year. Continued Palestinian attacks from Gaza into the Jewish state have prompted Israel to intensify the restrictions on the entrance of fuel and commercial supplies.
The new round of mediation comes amid reports that Israel has dropped an earlier demand to include the release Schalit in any deal.
Hamas and Israel refuse to speak to each other directly, preferring present their proposals through Egyptian mediation.
The negotiations are conducted under a shroud of secrecy in an undisclosed location outside Cairo.
A Hamas spokesman said Saturday that the group's delegation will not make any decisions immediately, Ayman Taha said "they will listen to what the Egyptians have to say and then return to consult with the group."
Full article at Hamas-Israel truce talks
World asked to Support UN-brokered Peace Deal for Somalia
The international community must help Somalia's rival factions implement a UN-brokered truce in the war-shattered east African nation, the UN special envoy for Somalia said.
In an interview, Ahmedou Ould Abdallah expressed optimism that the June 9 accord reached in Djibouti would bring a halt to more than 17 years of civil strife in the volatile Horn of Africa country.
"All Somali parties have initialed the agreement except two individuals who are regarded as terrorists by the UN Security Council and the Americans," said Ould Abdallah, who is accompanying UN chief Ban Ki-moon on a 24-hour visit to Saudi Arabia.
"Now the ball is in the court of the international community: The Europeans, the United States and the Arab League," he said on Saturday. "They must help the Somalis implement a ceasefire."
Full article at: Somalian Peace Treaty provides hope for Mogadishu
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Showing posts with label renewable power investing. Show all posts
Showing posts with label renewable power investing. Show all posts
Sunday, June 15, 2008
Friday, June 13, 2008
Mugabe promotes war over democracy; time for AU to cut him loose
It's sad when a great leader becomes a despot ...
HARARE (AFP) - Zimbabwean President Robert Mugabe raised the spectre of war on Friday by warning his staunchest supporters are ready to take up arms rather than let the opposition triumph in a June 27 election.
In comments carried by state media, the 84-year-old said veterans of the 1970s liberation war had told him they were ready to go into battle once more to avoid the prospect of Movement for Democratic Change leader Morgan Tsvangirai coming to power after the run-off in a fortnight's time.
Although Mugabe told supporters of his ZANU-PF party he did not want a return to war, he repeatedly raised the threat of conflict and warned voters against making a "mistake".
His remarks added to the fevered poll build-up after Tsvangirai was twice detained while campaigning Thursday and a top lieutenant arrested for treason.
Tsvangirai also saw his two campaign buses impounded on Friday in a move the MDC said was designed to cripple his campaign.
Meanwhile a group of 40 leading Africans, including ex-UN chief Kofi Annan and Mozambique's former president Joaquim Chissano, said in an open letter they were "deeply troubled" by reports of intimidation, harassment and violence.
Neighbouring Botswana said it was "deeply disturbed" by the unfolding events, summoning Zimbabwe's ambassador to Gaborone to protest the "unacceptable" detentions of the opposition top brass.
The Mugabe regime was also facing condemnation from the UN after warnings that some 500,000 Zimbabwean children are no longer getting urgent food and medical aid since charities were ordered to halt their work.
Full article at: Robert Mugabe threatens war against democratic opposition
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HARARE (AFP) - Zimbabwean President Robert Mugabe raised the spectre of war on Friday by warning his staunchest supporters are ready to take up arms rather than let the opposition triumph in a June 27 election.
In comments carried by state media, the 84-year-old said veterans of the 1970s liberation war had told him they were ready to go into battle once more to avoid the prospect of Movement for Democratic Change leader Morgan Tsvangirai coming to power after the run-off in a fortnight's time.
Although Mugabe told supporters of his ZANU-PF party he did not want a return to war, he repeatedly raised the threat of conflict and warned voters against making a "mistake".
His remarks added to the fevered poll build-up after Tsvangirai was twice detained while campaigning Thursday and a top lieutenant arrested for treason.
Tsvangirai also saw his two campaign buses impounded on Friday in a move the MDC said was designed to cripple his campaign.
Meanwhile a group of 40 leading Africans, including ex-UN chief Kofi Annan and Mozambique's former president Joaquim Chissano, said in an open letter they were "deeply troubled" by reports of intimidation, harassment and violence.
Neighbouring Botswana said it was "deeply disturbed" by the unfolding events, summoning Zimbabwe's ambassador to Gaborone to protest the "unacceptable" detentions of the opposition top brass.
The Mugabe regime was also facing condemnation from the UN after warnings that some 500,000 Zimbabwean children are no longer getting urgent food and medical aid since charities were ordered to halt their work.
Full article at: Robert Mugabe threatens war against democratic opposition
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Monday, May 12, 2008
Is Oil getting toppy in 2008? Yes, it would seem so ...
If Oil Drops, many Solar, Wind, Biofuel and Geothermal energy stocks will take hits
As the fool who ten years ago told a roomful of analysts and portfolio managers that though our fiduciary and legal duties were being met by our diligence in assessing Y2K risks, a much more crucial factor to the success of the companies we followed was the savviness of their web strategies, I feel historically qualified (like the racehorse with "back class") to prognosticate on the peak price of oil.
Yes, we're talking peak oil, but perhaps not in the crisis way many imagine. I am suggesting that it is probable that the oil price in this cycle will peak in spring / summer 2008. If there are any further spikes, related to perceived shortages or Middle Eastern violence, start selling a few days later and begin the process of underweighting the sector.

Events could cause things to reverse sooner, but if the upward spike trend continues, anything in the 140 to 150 range is poison-tipped and seemingly unsustainable. If oil falls to $60 and then rebounds to 90 before settling in to a trading range around 70 to 80, alternative energy stocks will also take it on the chin and begin one of the wildest rides in the history of stock trading. The leading solar companies already foreshadowed this in 2008, when some names that had been hit hard rallied back a few weeks later, rising 30% to 40% in one day. Still, even if oil were to drop from 125-130 down to 80 or 90, many solar, wind, biofuel and geothermal energy stocks will take hits of 20 to 60%, creating short to medium term pricing and liquidity problems, but clear longer-term opportunity.
It is likely that some renewable power stocks will continue to fall even after oil has corrected,but the names with better fundamentals will likely recover based on their internal, fundamental growth prospects. For a medium risk investor, one may want to start dollar cost averaging investments into alternative energy funds after any oil correction, and if a severe one ensues, increase the amount being invested as the fund values decline. The vast majority of quality clean energy investments are actually more directly related to preventing global warming than they are to the price of oil, yet near term trading will be highly affected by crude oil pricing.
Why do I feel oil is topping? It comes down to a gut feeling that either China, the USA and many more world economies all collapse, or the price of oil goes down. I'd bet on the latter. This means that those heavily overweighted in any type of energy investments may be in for a wild ride, and as the coming weeks are offering profit-taking options, the autumn and winter may bring some value back into play.
As the fool who ten years ago told a roomful of analysts and portfolio managers that though our fiduciary and legal duties were being met by our diligence in assessing Y2K risks, a much more crucial factor to the success of the companies we followed was the savviness of their web strategies, I feel historically qualified (like the racehorse with "back class") to prognosticate on the peak price of oil.
Yes, we're talking peak oil, but perhaps not in the crisis way many imagine. I am suggesting that it is probable that the oil price in this cycle will peak in spring / summer 2008. If there are any further spikes, related to perceived shortages or Middle Eastern violence, start selling a few days later and begin the process of underweighting the sector.
Events could cause things to reverse sooner, but if the upward spike trend continues, anything in the 140 to 150 range is poison-tipped and seemingly unsustainable. If oil falls to $60 and then rebounds to 90 before settling in to a trading range around 70 to 80, alternative energy stocks will also take it on the chin and begin one of the wildest rides in the history of stock trading. The leading solar companies already foreshadowed this in 2008, when some names that had been hit hard rallied back a few weeks later, rising 30% to 40% in one day. Still, even if oil were to drop from 125-130 down to 80 or 90, many solar, wind, biofuel and geothermal energy stocks will take hits of 20 to 60%, creating short to medium term pricing and liquidity problems, but clear longer-term opportunity.
It is likely that some renewable power stocks will continue to fall even after oil has corrected,but the names with better fundamentals will likely recover based on their internal, fundamental growth prospects. For a medium risk investor, one may want to start dollar cost averaging investments into alternative energy funds after any oil correction, and if a severe one ensues, increase the amount being invested as the fund values decline. The vast majority of quality clean energy investments are actually more directly related to preventing global warming than they are to the price of oil, yet near term trading will be highly affected by crude oil pricing.
Why do I feel oil is topping? It comes down to a gut feeling that either China, the USA and many more world economies all collapse, or the price of oil goes down. I'd bet on the latter. This means that those heavily overweighted in any type of energy investments may be in for a wild ride, and as the coming weeks are offering profit-taking options, the autumn and winter may bring some value back into play.
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