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...Until mid-2008, you were butting up against lagging supply growth," says Greg Priddy, global oil analyst at the Eurasia Group in Washington. "But this drop is driven by collapse in demand. Nothing is going to globally control that." The scale of the oil market, with multiple new producing countries and burgeoning new consumer markets around the world, puts it beyond the control of Opec. "The market will just be more volatile," says Priddy...
...Iran releases pictures of its first fully operational large-scale nuclear reactor. Within hours, analysts point out that the entire picture was Photoshopped...
...where such failure has been persistent. As late as the 1990’s, half of the World Bank’s AIDS-related projects did not finance or promote condom use. President Bush is continuously derided for his decision to invade Iraq, but the caveat in his large-scale plan for AIDS relief in Africa, which demanded that at least a third of prevention spending go to abstinence-only programs, is, in humanitarian terms, not vastly different from the most criticized choice he made while in office...
...Sending 20,000 more forces in Afghanistan will push total American troop strength in that country up to 58,000. If Afghanistan were as urbanized as Iraq and if the Taliban insurgency had an urban base, then a troop surge on this scale might have an impact. But Afghanistan is physically larger than Iraq and more than 75 percent of all Afghans live in remote rural communities where the Taliban now has a significant base of support. Controlling a growing Taliban insurgency across this vast countryside will be impossible with just 58,000 American soldiers. Our NATO allies are showing...
...them. The parade was co-organized by Rainbow of Hong Kong, Midnight Blue, Social Movement Resource Centre and the Women Coalition, with support from groups working on myriad issues, including civil rights, HIV/AIDS education and transgender awareness. It represented progress for China's gay community, marking the first large-scale event of its kind in any major Chinese city (only Taipei has hosted similar events). Antonio Licon, a Web designer for Hong Kong Magazine who grew up in Hawaii, said, "I think socially there are a lot of pressures in Hong Kong to conform to expectations and not disappoint parents...