Monday, September 26, 2011

Parker Brothers Choppers - Lightcycle

Xe motorcycle chạy điện với hình dáng y hệt như trong phim 'Tron'!

Sunday, September 18, 2011

AP - China charms Europe, but Beijing has own agenda


LISBON, Portugal (AP) — When a nervous horse unseated its cavalry officer at a red-carpet event during Chinese President Hu Jintao's state visit to Portugal last year, the leader of the world's second-largest economy broke with protocol and walked over to the bruised guardsman.

"I hope you get well soon," Hu told him through an interpreter.

The public display of compassion was in keeping with China's European charm offensive in recent years. It has waved its checkbook at a growing number of financially ailing European countries — although the actual impact on Europe's debt-stricken countries has been limited so far, and aimed mainly at winning friends and business contracts.

Europe's frail economies are wobbling under the weight of their debts. Their urgent austerity measures are stunting growth and driving unemployment higher, and their citizens are clamoring for improvements. That has changed the complexion of European dealings with booming China.

Crisis-hit European countries are swooning over China's $3.2 trillion cash pile — the world's biggest foreign exchange reserves — even though many are angry about what they view as unfair Chinese practices.

"China is increasingly trying to diversify its foreign policy relationships ... trying to find the right ways to use its new-found influence, to gain from it," says Nicholas Consonery, an Asia analyst at Eurasia Group in Washington DC.

Join the dots, Beijing-watchers say, and China's strategy becomes clear: It wants to use its economic leverage to make friends who may be more forgiving in disputes over trade and human rights, and ensure doors are open for its goods and corporate investments in the European Union, its main export market.

Most immediately, many European countries are looking for a lifeline to extricate themselves from the continent's severe sovereign debt crisis, which threatens to collapse the continent's financial system.

In the latest example, Rome officials disclosed this week they held talks with China's sovereign wealth fund about buying debt-stressed Italy's bonds.

Before those talks, Beijing had vowed to buy the bonds of Greece and Portugal, which ended up needing international bailouts, and Spain and Hungary.

Though neither China nor EU countries disclose figures on Chinese bond purchases, analysts believe Beijing's repeated expressions of faith in the EU's finances are aimed principally at building goodwill and have not translated into large disbursements.

"Europeans have a tendency to pray for rain from China, but the rain is not necessarily coming," says Francois Godement, a Paris-based senior policy fellow at the European Council on Foreign Relations.

Experts reckon cautious Chinese leaders are hesitant about putting big money into jittery debt markets. Some leading Chinese economists have discouraged the investment as too risky, and analysts note Beijing has to pay attention to the needs of its own poor.

According to EU officials, China has invested in Europe's euro440 billion ($605 billion) bailout fund. But that fund carries a top AAA rating, meaning it is an extremely safe way for Beijing to help Europe without exposing itself much to the dangers of a default. The sums were never disclosed.

Rachel Shoemaker, an Asia expert at Executive Analysis in London, says the bond purchases — however modest — can help win approval for broader Chinese investments down the line, such as in trade and corporate and infrastructure investments.

"We assess that China's rhetoric is likely to exceed its actual support, with China likely to focus on commercial gains and thus to negotiate bilateral deals that essentially result in investment opportunities in return for bond purchases," Shoemaker said in a written reply to AP questions.

She cites Greece as an example. As China promised to acquire that country's bonds, state transport giant China Ocean Shipping Co. snared a $1 billion concession deal in 2009 for the country's largest container-terminal port near Athens. That gives COSCO's growing port management business a foothold in Europe and positions it to prosper as Chinese trade with the Balkans and Central Europe grows. China also pledged to help double the trade volume with Greece to nearly euro6 billion by 2015.

It's a similar story across Europe, with Chinese pledges of bond purchases coming simultaneously with announcements of major investments in the continent's corporations and infrastructures.

Chinese Premier Wen Jiabao and Italian Premier Silvio Berlusconi last year spoke optimistically of doubling bilateral trade to $100 billion within five years. In one of the deals signed in their presence, Internet service provider Tiscali SpA and Zte, a Chinese maker of telecommunications equipment, made a deal for development of ultra-wideband in Italy.

One of the conditions of China's purchase of Spanish bonds in January 2011, analysts say, was the sale to Sinopec of around $7 billion worth of Brazilian oil assets held by Spanish energy company Repsol. That deal gave birth to one of Latin America's largest energy companies.

On his Portugal trip, the Chinese president signed cooperation agreements which sought to double trade between the two countries within five years. Chinese and Portuguese companies signed deals in areas covering energy production, information technology, telecommunications, tourism, banking, port infrastructure, and agriculture.

China's European push came after its expansion into Africa where it has invested billions, mostly in gaining access to raw materials.

"It's clear that China has been successful in pushing emerging market investments and it increasingly wants to diversify into the developed world," said Consonery of Eurasia Group.

Even so, Beijing knows that in the U.S. and Europe "the political hurdles are higher" than in Africa, Consonery said.

Europe, like the U.S., is fighting Beijing over trade barriers. Europe is vexed by aspects such as investment rules and copyright violations in China. The Chinese, meanwhile, are pressing the EU to grant China market economy status that would relax remaining trade obstacles.

Human rights issues are another sore point.

French President Nicolas Sarkozy took a soft line during a visit by Hu last year, when French companies won deals with China worth $22.8 billion.

Sarkozy said then that China has "a different culture," and Paris respected that. Two years previously, Sarkozy had threatened to boycott the opening ceremony of the Beijing Olympics over China's treatment of Tibet.

Beijing doesn't shrink from retaliation. After the Norwegian Nobel Committee gave the Peace Prize to imprisoned Chinese dissident Liu Xiaobo, the country's salmon exporters said their fish were being held up at ports by Chinese food safety inspectors.

Godement, of the European Council on Foreign Relations, says that in some debt-rattled southern EU countries human rights issues in China are being "de-emphasized."

China "hardly needs to push (on the issue) because there is so much economic anxiety ... in those Mediterranean countries about getting something from China," he said.

But opposition to China's advances are coming from other quarters.

In Italy, Chinese businesses have been buying up textile factories and producing the "made in Italy" label under Chinese conditions. That has undercut the prices of the finished goods and wages of Italian workers, causing tension.

When Greece announced its Piraeus privatization plan the Federation of Greek Port Employees went on strike, saying that "the government and the Chinese leadership should realize that we will not allow our ports ... to become Chinatowns."

Across Europe, storekeepers complain about losing business to Chinese rivals selling cheaper goods manufactured in a country which does not observe the same labor and environmental standards as in Europe.

China's foreign investment and export drive shows no sign of letting up.

"It's pretty clear that over the past couple of years Chinese foreign policy and international investment policies are becoming much more far-reaching in terms of their global footprint," said Eurasia Group's Consonery.

It is "one of those inevitable global trends that's going to persist for the next couple of decades really," he said.

Friday, September 16, 2011

Michael T. Klare - America and Oil - Declining Together?

America and Oil.  It’s like bacon and eggs, Batman and Robin.  As the old song lyric went, you can’t have one without the other.  Once upon a time, it was also a surefire formula for national greatness and global preeminence.  Now, it’s a guarantee of a trip to hell in a hand basket.  The Chinese know it.  Does Washington?

America’s rise to economic and military supremacy was fueled in no small measure by its control over the world’s supply of oil.  Oil powered the country’s first giant corporations, ensured success in World War II, and underlay the great economic boom of the postwar period.  Even in an era of nuclear weapons, it was the global deployment of oil-powered ships, helicopters, planes, tanks, and missiles that sustained America’s superpower status during and after the Cold War.  It should come as no surprise, then, that the country’s current economic and military decline coincides with the relative decline of oil as a major source of energy.

If you want proof of that economic decline, just check out the way America's share of the world's gross domestic product has been steadily dropping, while its once-powerhouse economy now appears incapable of generating forward momentum.  In its place, robust upstarts like China and India are posting annual growth rates of 8% to 10%.  When combined with the growing technological prowess of those countries, the present figures are surely just precursors to a continuing erosion of America’s global economic clout.

Militarily, the picture appears remarkably similar.  Yes, a crack team of SEAL commandos did kill Osama bin Laden, but that single operation -- greeted in the United States with a jubilation more appropriate to the ending of a major war -- hardly made up for the military’s lackluster performance in two recent wars against ragtag insurgencies in Iraq and Afghanistan.  If anything, almost a decade after the Taliban was overthrown, it has experienced a remarkable resurgence even facing the full might of the U.S., while the assorted insurgent forces in Iraq appear to be holding their own.  Meanwhile, Iran -- that bête noire of American power in the Middle East -- seem as powerful as ever.  Al Qaeda may be on the run, but as recent developments in Egypt, Libya, Syria, Yemen, and unstable Pakistan suggest, the United States wields far less clout and influence in the region now than it did before it invaded Iraq in 2003.

If American power is in decline, so is the relative status of oil in the global energy equation.  In the 2000 edition of its International Energy Outlook, the Energy Information Administration (EIA) of the U.S. Department of Energy confidently foresaw ever-expanding oil production in Africa, Alaska, the Persian Gulf area, and the Gulf of Mexico, among other areas.  It predicted, in fact, that world oil output would reach 97 million barrels per day in 2010 and a staggering 115 million barrels in 2020.  EIA number-crunchers concluded as well that oil would long retain its position as the world’s leading source of energy.  Its 38% share of the global energy supply, they said, would remain unchanged.

What a difference a decade makes. By 2010, a new understanding about the natural limits of oil production had sunk in at the EIA and its experts were predicting a disappointingly modest petroleum future.  In that year, world oil output had reached just 82 million barrels per day, a stunning 15 million less than expected.  Moreover, in the 2010 edition of its International Energy Outlook, the EIA was now projecting 2020 output at 85 million barrels per day, hardly more than the 2010 level and 30 million barrels below its projections of just a decade earlier, which were relegated to the dustbin of history.  (Such projections, by the way, are for conventional, liquid petroleum and exclude “tough” and “dirty” sources that imply energy desperation -- like Canadian tar sands, shale oil, and other “unconventional” fuels.)

The most recent EIA projections also show oil’s share of the world total energy supply -- far from remaining constant at 38% -- had already dropped to 35% in 2010 and was projected to continue declining to 32% in 2020 and 30% in 2035.  In its place, natural gas and renewable sources of energy are expected to assume ever more prominent roles.

So here’s the question all of us should consider, in part because until now no one has: Are the decline of the United States and the decline of oil connected?  Careful analysis suggests that there are good reasons to believe they are. 

From Standard Oil to the Carter Doctrine

More than 100 years ago, America’s first great economic expansion abroad was spearheaded by its giant oil companies, notably John D. Rockefeller’s Standard Oil Company -- a saga told with great panache in Daniel Yergin’s classic book The Prize.  These companies established powerful beachheads in Mexico and Venezuela, and later in parts of Asia, North Africa, and of course the Middle East. As they became ever more dependent on the extraction of oil in distant lands, American foreign policy began to be reorganized around acquiring and protecting U.S. oil concessions in major producing areas. 

With World War II and the Cold War, oil and U.S. national security became thoroughly intertwinedAfter all, the United States had prevailed over the Axis powers in significant part because it possessed vast reserves of domestic petroleum while Germany and Japan lacked them, depriving their forces of vital fuel supplies in the final years of the war.  As it happened, though, the United States was using up its domestic reserves so rapidly that, even before World War II was over, Washington turned its attention to finding new overseas sources of crude that could be brought under American control.  As a result, Saudi Arabia, Kuwait, and a host of other Middle Eastern producers would become key U.S. oil suppliers under American military protection.

There can be little question that, for a time, American domination of world oil production would prove a potent source of economic and military power.  After World War II, an abundance of cheap U.S. oil spurred the development of vast new industries, including civilian air travel, highway construction, a flood of suburban housing and commerce, mechanized agriculture, and plastics.

Abundant oil also underlay the global expansion of the country’s military power, as the Pentagon garrisoned the world while becoming one of the planet’s great oil guzzlersIts global dominion came to rest on an ever-expanding array of oil-powered ships, planes, tanks, and missiles.  As long as the Middle East -- and especially Saudi Arabia -- served essentially as an American gas station and oil remained a cheap commodity, all this was relatively painless.

In addition, thanks to its control of Middle Eastern oil, Washington had its hand on the economic jugular of Europe and Japan, both of which remain highly dependent on imports from the region.  Not surprisingly, then, one president after another insisted Washington would not permit any rival to challenge American control of that oil jugular -- a principle enshrined in the Carter Doctrine of January 1980, which stated that the United States would go to war if any hostile power threatened the flow of Persian Gulf oil.

The use of military force, in accordance with that doctrine, has been a staple of American foreign policy since 1987, when President Ronald Reagan first applied the “principle” by authorizing U.S. warships to escort Kuwaiti tankers during the Iran-Iraq War.  George H. W. Bush invoked the same principle when he authorized American military intervention during the first Gulf War of 1990-1991, as did Bill Clinton when he ordered missile attacks on Iraq in the late 1990s and George W. Bush when he launched the invasion of Iraq in 2003.

At that moment, the United States and oil seemed at the pinnacle of their power.  As the victor in the Cold War and then the first Gulf War, the American military was ranked supreme, with no conceivable challenger on the horizon.  And nowhere were there more fervent believers in “unilateralist” America’s ability to “shock and awe” the planet than in Washington.  The nation’s economy still appeared relatively robust as a major housing bubble was just beginning to form.  China’s economy was then a paltry 15% as big as ours.  Only seven years later, it would be approximately 40% as large.  By invading Iraq, Secretary of Defense Donald Rumsfeld planned to demonstrate the crushing superiority of America’s new high-tech weaponry, while setting the stage for further military exploits in the region, including a possible attack on Iran.  (A neocon quip caught the mood of the moment: “Everyone wants to go to Baghdad.  Real men want to go to Tehran.”)

The future of oil seemed no less robust in 2003: demand was brisk, crude prices ranged from about $25 to $30 per barrel, and the concept of “peak oil” -- the notion that planetary supplies were more limited than imagined, that in the near future production would reach its peak and subsequently contract -- was still considered laughable by most industry experts.  By invading Iraq and setting up permanent military bases at the very heart of the global oil heartlands, the White House expected to ensure continued control over the flow of Persian Gulf oil and gain access to Iraq’s voluminous reserves, the largest in the world after those of Saudi Arabia and Iran.

From an imperial point of view, it was a beautiful dream from which Americans were destined to awaken abruptly.  As a start, it quickly became apparent that American technological prowess was no panacea for urban guerrilla warfare, and so a vast occupation army was soon needed to “pacify” Iraq -- and then pacify it again, and again, and again.  A similar dilemma arose in Afghanistan, where a tribal-based religious insurgency proved remarkably immune to superior American firepower.  To sustain hundreds of thousands of American soldiers in those distant, often inaccessible areas, the Department of Defense became the world’s single biggest consumer of oil, burning more on a daily basis than the entire nation of Sweden -- this, at a time when the price of crude rose to $50, then $80, and finally soared over the $100 mark.  Procuring and delivering ever-increasing amounts of gasoline, diesel, and jet fuel to American forces in Iraq and Afghanistan may not be the principal reason for the wars’ spiraling costs, but it certainly ranks among the major causes.  (Just the price of providing air conditioning to American troops in those two countries is now estimated at approximately $20 billion a year.)

With oil likely to prove increasingly scarce and costly, the Department of Defense is being forced to reexamine its fundamental operating principles when it comes to energy.  Secretary of Defense Rumsfeld’s notion that troops could be replaced by growing numbers of oil-powered super-weapons no longer appears viable, even for a power already garrisoning much of the planet for which “unending” war has become the new norm.

Yes, the Pentagon is looking into the use of biofuels, solar arrays, and other green alternatives to petroleum to power its planes and tanks, but any such future still seems an almost inconceivably long way off.  And yet the thought of more wars involving the commitment of vast numbers of ground troops to protracted counterinsurgency operations in distant parts of the Greater Middle East at $400 or more for every gallon of gas used appears increasingly unpalatable for the globe’s former “sole superpower.”  (Hence, the sudden burst of enthusiasm over drone wars.)  Seen from this perspective, the decline of America and the decline of oil appear closely connected indeed.

Don’t Bet on Washington

And this is hardly the only apparent connection.  Because the American economy is so closely tied to oil, it is especially vulnerable to oil’s growing scarcity, price volatility, and the relative paucity of its suppliers.  Consider this: at present, the United States obtains about 40% of its total energy supply from oil, far more than any other major economic power.  This means that when prices rise or oil supplies are disrupted for any reason -- hurricanes in the Gulf of Mexico, war in the Middle East, environmental disasters of any sort -- the economy is at particular risk. While a burst housing bubble and financial shenanigans lay behind the Great Recession that began in 2008, it’s worth remembering that it also coincided with the beginning of a stratospheric rise in oil prices.  As anyone who has pulled into a gas station knows, at an average price of nearly $3.70 a gallon for regular gas, the staying power of high-priced oil has crippled what, until recently, was being called a “weak recovery.”

Despite the great debt debate in Washington, oil is a factor seldom mentioned when American indebtedness comes up.  And yet the United States imports 50% to 60% of its oil supply, and with prices averaging at least $80 to $90 per barrel, we’re sending approximately $1 billion every day to foreign oil providers.  These payments constitute the single biggest contribution to the country’s balance-of-payments deficit and so is a major source of the nation’s economic weakness.

Consider for comparison our leading economic rival: China.  That country relies on oil for only about 20% of its total energy supply, about half as much as we do.  Instead, the Chinese have turned to coal, which they possess in great abundance and can produce at a relatively low cost.  (China, of course, pays a heavy environmental price for its coal dependency.)  The Chinese do import some petroleum, but considerably less than the U.S., so their import expenses are considerably smaller.  Nor do its oil-import costs have the same enfeebling effect, since China enjoys a positive balance of trade (in part, at America’s expense).  As a result, when oil prices soared to record heights in 2008 and again in 2011, Beijing experienced none of the trauma felt in Washington.

No doubt many factors explain the startling rise of the Chinese economy, including lower costs of production and weaker environmental regulations.  It is hard, however, to avoid the conclusion that our greater reliance on oil as it begins its decline has played a significant role in the changing balance of economic power between the two countries.

All this leads to a critical question:  How should America respond to these developments in the years ahead?

As a start, there can be no question that the United States needs to move quickly to reduce its reliance on oil and increase the availability of other energy sources, especially renewable ones that pose no threat to the environment.  This is not merely a matter of reducing our reliance on imported oil, as some have suggested.  As long as oil remains our preeminent source of energy, we will be painfully vulnerable to the vicissitudes of the global oil market, wherever problems may arise.  Only by embracing forms of energy immune to international disruption and capable of promoting investment at home can the foundations be laid for future economic progress.  Of course, this is easy enough to write, but with Washington in the grip of near-total political paralysis, it appears that continuing American decline, possibly of a precipitous sort, could be in the cards.

And don’t think that China will get away scot-free either.  If it doesn’t quickly embrace the new energy technologies, the environmental costs of its excessive reliance on coal will, sooner or later, cripple its development as well.  Unlike Washington, however, the Chinese leadership not only recognizes this, but is acting on it by making colossal investments in green energy technologies.  If China succeeds in dominating this field -- as has already begun to happen -- it could leave the United States in the dust when it comes to economic growth.  Ditching oil for the new energy technologies should be America’s top economic priority, but if you’re in a betting mood, you probably shouldn’t put your money on Washington.

Michael T. Klare is a professor of peace and world security studies at Hampshire College, a TomDispatch regular, and the author, most recently, of Rising Powers, Shrinking PlanetA documentary movie version of his previous book, Blood and Oil, is available from the Media Education Foundation.

Copyright 2011 Michael T. Klare

Friday, September 2, 2011

AP - Trung Quốc cảnh cáo tàu Ấn Độ

Thứ Năm vừa rồi ngoại trưởng Ấn Độ cho biết Trung Quốc đã cảnh cáo tàu Ấn Độ khi tàu này đang chạy cách bờ biển VN chỉ có 45 hải lý tức khoảng 83 km, bảo rằng tàu này đã 'tiến vào vùng biển TQ'.  Chuyện này xảy ra vào ngày 22 tháng 7.


India says ship near Vietnam was warned by China


NEW DELHI (AP) — Indian officials say a naval vessel on a trip to Vietnam was warned by China that it was allegedly violating Chinese waters.

India's foreign ministry said Thursday the INS Airavat was sailing about 45 nautical miles off the coast of Vietnam on July 22 when a caller identifying himself as the Chinese navy made radio contact and told the Indian vessel: "You are entering Chinese waters."

The foreign ministry said no ship or aircraft were visible and that the Airavat continued its journey.

China has grown more assertive — and at times aggressive — in pressing its claims to much of the South China Sea, aided by a buildup of its navy. Chinese ships have rousted fishing vessels from Vietnam and the Philippines, both of which contest China's claims.