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markusf
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quote: Originally posted by paiktis22
even a company which is not listed has value and actually that value can be determined without the need of stock listing. (as in a takeover of said company).
OPEC controls production only to a point yes.
russia has come to the game lately and its impatc is not yet fullfleged.
(and there are shortcomings there too)
OPEC retains a crucial role.
and actually it is this power of OPEC that tha arabs are using as a "weapon" of sorts to serve their interests sometime.
i think you would agree with me when i say that oil production and the control of it can be (and is) a far more potent "weapon" that say 50 mil shares of new ecnomy companies and has a much more solid value. |
Media companies are constantly used as weapons. If arabs own all the ram chip companies etc etc etc they can raise prices. Why do you think the USA does everything in its power not to offend china? Or india, japan, germany etc etc etc Yet they walk all over arab and 3rd world countries. Oil is still a weapon for arab countries but it isn't what it used to be, + arab countries oil production would now be replaced by other means given the pollitical will.
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Lincoln
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quote: Originally posted by Arrian
What's your gripe with NPR, Lincoln? I certainly don't consider it gospel, but I think it's decent. Still, I tend to rely on the internet for my news: AP/Reuters, various newpapers for editorials and such.
-Arrian |
Actually I think they are getting better than they were. They got quite a bit of heat for their left leaning bias so I think they were forced to be more objective. There are a couple of websites that expose bias in the news (both left and right) but I haven't bothered to check with them lately. Bias is often manifested in subtle ways and by clever omissions of facts that may be embarrassing to whoever is editing the news. The only way to be sure of bias is to make a list of stories and compare them to the raw wires and then you can see cearly a pattern in both the left and the right.
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Bereta_Eder
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has nothing to say about what his "government" does exactly because it's not his or not a "governmen".
he can do other things though. like blow himself up if saturated with extreme ideology mantras.
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Grandpa Troll

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I owe..I owe..it's off to work I go
Jul 2000 time: 00:20
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quote: Originally posted by Victor Galis
CNN has credibility? 
I don't trust any American media company. They're all part of the evil conservative conspiracy Besides, the BBC is so much better. |
Better for Whom?
You?..Because you are perhaps a foreigner to America..perhaps..but CNN is reallly no different than any other news organization out there in cyberspace..it produces what it wants,when it wants and on whom it wants! Shame, but we only know what we hear about and see about, in fact,unless you are there, know one knows what went on, and if you were there, and reported it as such, you would only be reporting on what you saw or heard....much like 10 people at an accident scene..depending upon where you stand..what you were preoccupied with orwhom was beside you to "influence" your decision would help "form" an opinion...doesnt mean you lied or misrepresented anything..just your"opinion" in what you percieved went on. If you feel a certain people group is being taken advantage of, then you would look for a slant toward their cause, its human nature, not British nature, not American nature..but HUMAN NATURE..gets me how folks pick on America and what we have to offer, but when War Ravaging comes, its "HELP! HELP! HELP!" or in times of economic assistance outcries..its America that people want, with our wallets open, but any other time, "America' is some evil conspiracy??
~sigh~
Thats my $0.02 on your "views"..mine are mine yours are yours...kinda like you support the BBC..and I dont support of slander them, they are simply humans reporting on their observations!
Troll
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Felch
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Germantown, Maryland
Sep 2001 time: 00:20
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quote: Originally posted by paiktis22
if arabs somehow managed to stop production or shipping of oil to the US and the west, the world would grind to a halt. (ok, it would at least malfunction, national reserves can do only so much) |
Two things - One, the US is the second largest producer of oil in the world, second only to Saudi Arabia. The third largest is Russia, IIRC, and there is no great love for Muslims in Russia today.
Second, the effect on the non-Arab economies would be relatively mild compared to what would happen to the oil-producing states. I'm not saying that we would come out unscathed, but oil is essentially the only source of income for many of these countries. If they stopped selling it, they would rapidly descend into deep poverty. Without cash flowing in from oil sales, they wouldn't have the money to buy new military equipment, maintain their infrastructures, pay salaries, have investment capital, or in some cases even afford food. The US is constantly accused of committing a terrible crime because of the sanctions regime (One which was put in place by the UN, not the US by the way) on Iraq. Iraq however is selling small amounts of oil. If all Arab countries stopped selling oil, they would be bringing about an humanitarian catastrophe on themselves.
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TCO
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Richmond, VA
Jan 1970 time: 00:20
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quote: Originally posted by Felch X
Two things - One, the US is the second largest producer of oil in the world, second only to Saudi Arabia. The third largest is Russia, IIRC, and there is no great love for Muslims in Russia today.
Second, the effect on the non-Arab economies would be relatively mild compared to what would happen to the oil-producing states. I'm not saying that we would come out unscathed, but oil is essentially the only source of income for many of these countries. If they stopped selling it, they would rapidly descend into deep poverty. Without cash flowing in from oil sales, they wouldn't have the money to buy new military equipment, maintain their infrastructures, pay salaries, have investment capital, or in some cases even afford food. The US is constantly accused of committing a terrible crime because of the sanctions regime (One which was put in place by the UN, not the US by the way) on Iraq. Iraq however is selling small amounts of oil. If all Arab countries stopped selling oil, they would be bringing about an humanitarian catastrophe on themselves. |
crack the cartel...
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markusf
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Uhm here are the real stats from 2 years ago. Right now russia is about to become the biggest oil producer in the world.
Attachment: fotw194.gif
This has been downloaded 45 time(s).
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Gatekeeper
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United States of America
Feb 2000 time: 23:20
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quote: Originally posted by GP
Gatekeeper, et al.
I would think journalists would expect very little from TV news. A lot of times they just use the wire services and the papers to decide what to cover anyway. It's all about what the face looks like on the set. |
The wire services — such as The Associated Press, Knight Ridder Tribune, Reuters and so on — are, indeed, the raw source of news for a good number of media organizations that come to trough, so to speak.
Also, the larger the media company, the more likely they are to send over their own crews/reporters to a "happening" news story (ex. The New York Times, The Chicago Tribune and so on). But all media companies do rely on the wire services from one degree to another.
Technically, we're all journalists no matter the medium we use to convey what we cover: TV, radio, print and Internet. There is, however, a healthy rivalry among the mediums and I happen to have much faith in the print and Internet mediums. That's 'cause I work for a newspaper.
The nice thing about the wire services is that you often have only the reporter and an editor between you and what's going on. Two people, most of the time. From there the wire reports are picked up by other news organizations and made to fit whatever format it's going to appear in. I happen to think that the print and Internet mediums allow for the most in-depth coverage of issues at hand while television and radio allows you to get snatches of news, which is good for "breaking news," but aggravating in other circumstances.
Gatekeeper
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