Word: currented
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...pressure of the gas and the type of reservoir can make injection and extraction cycles difficult and lengthy processes. Until traders see extra storage realized, the natural gas market will be priced in steep contango, meaning prices of natural gas for future delivery will hang far above the current price. The low prices now represent the abundance of unusable and potentially unstorable gas, a situation that will not last. (Read "Can Steven Chu Win the Fight Over Global Warming...
...German commentators have criticized the almost amateurish way in which Merkel and Steinmeier have risked turning GM and Opel's misery into a transatlantic dispute. Neither GM nor the Obama Administration, which appointed 10 of GM's current board members, appears to like the idea of handing Opel - and GM patents - to a consortium at least partially controlled by Russian oligarchs. "Neither the Chancellor's phone call with the American President nor the Foreign Minister's with Mrs. Clinton impressed anyone," wrote the conservative Frankfurter Allgemeine Zeitung in a commentary published on Aug. 26. "It is questionable whether their decision...
...absurdity of holding an election in an impoverished country with a central government that barely governs and a guerrilla insurgency that has threatened to kill anyone caught voting is illustrative of our current Afghan dilemma. We have been prodding the Afghans to run, from Kabul, a country that has always been governed from the bottom up, valley by valley, tribe by tribe. Karzai has many attributes, but a desire to provide effective governance is off his radar screen. He is good at the traditional form of Afghan politics, creating alliances among tribal and ethnic factions. The money distributed...
...bolder in their own legislation. Countries are becoming aware that the United States with its millions of drug users should not be judging them on their policies," he says. In February, the former presidents of Brazil, Colombia and Mexico signed a statement calling for decriminalization of several narcotics. "Current drug-repression policies are firmly rooted in prejudices, fears and ideological visions," it said. (On Aug. 25, the Argentine supreme court essentially legalized the private use of small amounts of marijuana...
...espousing the Hindu cause but without the corrosive influence of radical ultra-nationalism. "They need to clarify their stand on a range of issues from liberalization and foreign policy, especially Pakistan, to their stance vis-a-vis religious and other minorities," he says. Sharma agrees that the BJP's current leadership is incapable of leading the party in this direction. Also, as many political analysts have pointed out, the BJP's sectarian agenda is often at odds with the spirit of India's pluralist democracy - an internal reckoning and re-branding is necessary, but not in sight.(Read "In Drought...