World News Thread & Breaking News!!

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bd popeye

The Last Jedi
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BANGKOK (AP) — Thailand's army declared martial law before dawn Tuesday in a surprise announcement it said was aimed at keeping the country stable after six months of sometimes violent political unrest. The military, however, denied a coup d'etat was underway.

The move effectively places the army in charge of public security nationwide. It comes one day after the Southeast Asian country's caretaker prime minister refused to step down and follows six months of anti-government demonstrations that have failed to oust the government.

Armed troops entered multiple private television stations in Bangkok to broadcast their message and surrounded the national police headquarters in the city center. Army jeeps mounted with a machine-guns diverted traffic on a major road in front of Central World, one of the country's most luxurious shopping malls. But the vast metropolis of 10 million people appeared calm, and commuters could be seen driving and walking to work as usual.

An army official, speaking on condition of anonymity because of the sensitivity of the situation, told The Associated Press "this is definitely not a coup. This is only to provide safety to the people and the people can still carry on their lives as normal."

A ticker on Chanel 5, an army station, also denied the military was taking over and asked the public not to panic.

Thailand's army has staged at 11 successful coups since the end of absolute monarchy in 1932. The last was in 2006.

Thailand, an economic hub for Southeast Asia, has been gripped by off-and-on political turmoil since 2006, when former Prime Minister Thaksin Shinawatra was toppled by a military coup after being accused of corruption, abuse of power and disrespect for King Bhumibol Adulyadej.

The latest round of unrest started last November, when anti-government protesters took to the streets to try to oust then-Prime Minister Yingluck Shinawatra, Thaksin's sister. She had dissolved the lower house of parliament in December in a bid to ease the crisis.

Earlier this month, the Constitutional Court ousted Yingluck and nine Cabinet ministers earlier this month for abuse of power, but the move has done little to resolve the political conflict that largely pits the rural poor majority who support Yingluck and her opponents that largely come from the urban middle and upper class.
 

delft

Brigadier
No real surprise in the martial law declaration by the Thai military except that they took some six months before they took this decision..
 

TerraN_EmpirE

Tyrant King
Thailand Coup.
20 May 2014 Last updated at 10:34 ET
Thailand crisis: Army declares martial law
The Thai military has imposed martial law amid a political crisis "to preserve law and order", but says the surprise move is not a coup.
The move follows months of tension between the government and opposition.
Acting PM Niwatthamrong Boonsongphaisan urged the army to act "under the constitution" and "with no violence", and has asked for new polls in August.
The opposition protesters reject elections and one key leader vowed to continue the anti-government campaign.
'No need to panic'
Correspondents say martial law could enrage supporters of the government, especially if it is seen as amounting to a coup. The army has staged at least 11 coups since the end of the absolute monarchy in 1932.
Soldiers have taken over TV and radio stations, and blocked off roads in the capital, Bangkok.
Army chief Prayuth Chan-Ocha called on rival parties to talk to each other and resolve the political crisis. Martial law would remain in place until "peace and order" had been restored, he told government officials on Tuesday.
Soldiers have moved into the main government building in Bangkok, which has been unoccupied following months of violent demonstrations by opponents who want to be rid of an administration they say is corrupt.
The military has also ordered media censorship in the interests of "national security".
Both pro and anti-government protesters have been told not to march anywhere in order to prevent clashes.
Analysis: Jonathan Head, BBC News, Bangkok
The army insists its imposition of martial law does not amount to a coup d'etat, and it is trying to operate with as light a footprint as possible.
At Government House troops were able to retake the building from the anti-government PDRC movement without any fuss, although it is still surrounded by protest tents and stages.
The muted reaction from both sides shows the military's low-key approach is working - for now. Both the government and its red-shirt supporters have accepted the army commander's word, that it is not taking over political power. The PDRC has cancelled rallies planned for Tuesday.
But none of this resolves the intractable political conflict which has afflicted Thailand for eight years. If all the army does is maintain security, the problem will remain unresolved, and governance will be crippled.
If the army tries to impose its own solution though, what at the moment seems like a "half-coup" could well become a complete one, an outcome the red-shirt movement has said it will rise up against and resist.
Martial law was first announced on military-run TV. In its statement, the army stressed that the public need not panic.
The announcement cited a 1914 law that allows the military to intervene during times of crisis.
Thai stocks and the baht currency dropped on Tuesday after the army announcement.
Thailand's martial law act of 1914
Gives the army chief control without PM's assent
Grants the military full powers to:
Summon officials and individuals for investigation
Search and seize individuals or items
Order compulsory military service and forced labour
Prohibit assemblies, media coverage, advertising, public transport
Destroy "enemy" dwellings and build army barracks anywhere
The caretaker government earlier said it had not been consulted about the army's decision, but insisted that it remained in office.
An army spokesman also said the imposition of martial law would have no impact on the caretaker government.
Mr Niwatthamrong said on Tuesday that he had asked the Election Commission to organise a poll for 3 August.
But the BBC's Jonah Fisher in Bangkok says that the anti-government demonstrators have made it clear they do not regard elections as a way out of the crisis.
Protest leader Suthep Thaugsuban said in a speech to supporters: "Martial law does not affect our civil uprising... We still retain our right to demonstrate against this tyrannical government."
Power struggle
The latest unrest began in the Thai capital late last year, when Ms Yingluck dissolved the lower house of parliament and demonstrators blockaded several areas.
Ms Yingluck called a snap election in February that her party was widely expected to win. But protesters disrupted the voting and it was later annulled.
This month a court ordered Ms Yingluck's removal for alleged abuse of power.
Thailand has faced a power struggle since Ms Yingluck's brother, Thaksin Shinawatra, was ousted by the military as prime minister in 2006.
Since then, there have been periodic anti-government protests which have turned deadly at times.
20 May 2014 Last updated at 07:18 ET
Why has Thailand imposed martial law?
The Thai army has imposed martial law following months of political unrest. Troops have been deployed across the capital, with sweeping new powers, but the army insists this is a not a coup. BBC News looks at why this has happened.
Why has martial law been declared?
The commander of the Thai army, General Prayuth Chan-ocha, said the presence of "ill-intentioned groups using weapons to threaten citizens" had justified the introduction of martial law.
But there have been months of political turmoil, and it is unclear why the military has suddenly decided to take this action now.
The anti-government protest movement had recently threatened to force the cabinet from office, but it has made similar threats many times before.
Last week three people were killed in an attack on an anti-government protest camp and the army warned of "decisive action" if the violence continued, but again there has not been an obvious trigger for Tuesday's announcement.
In pictures: Thailand comes under martial law
Is this a coup?
"This is not a coup," the army said in its declaration of martial law.
But to many Thailand watchers, it looks a lot like one. Brad Adams, Asia Director for Human Rights Watch, called it "a de facto coup."
Thailand's army has launched numerous coups in recent decades - there have been 11 since the end of absolute monarchy in 1932.
The latest coup was in 2006, when then Prime Minister Thaksin Shinawatra was toppled by the military after being accused of corruption.
The army is often accused of being sympathetic to the anti-government cause, but for now the government is insisting it is still in control, and that this is not a coup.
The BBC's Jonathan Head in Bangkok says much will depend on how much the army commanders work with the government, which has been trying to organise a date for a general election, or whether they decide to replace it.
What is happening on the ground?
Troops are patrolling the Thai capital, Bangkok, and key locations outside the city.
Roads have been blocked by tanks, and radio and TV stations have been closed. Soldiers have also moved into the main government building, which has been left unoccupied after months of demonstrations.
But daily life for the people of Bangkok remains largely unaffected. Schools, businesses and tourist sites are still open and traffic is moving as usual.
The pro-government movement, dubbed the Red Shirts, has said it will continue its rallies outside the capital, but has urged its followers not to challenge the soldiers.
What are the roots of the crisis?
There is a deep political divide in Thailand - between mostly rural, often poor, supporters of Mr Thaksin, and an urban middle class who object to what they see as his continuing influence in Thai politics.
There have been regular protests by both sides ever since Mr Thaksin was ousted in 2006, but in the past few years the focus has been on the current Thaksin-aligned Pheu Thai government.
The protests began to escalate into violence last November, after the lower house passed a controversial amnesty bill which critics said could allow Mr Thaksin to return from exile without serving time in jail.
The anti-government camp claims that at least 28 people have died since then.
The situation deteriorated still further earlier this month, when a controversial court ruling removed Mr Thaksin's sister Yingluck from her position as prime minister, saying she acted illegally by moving her national security chief to another position.
Profile: Yingluck Shinawatra
Where is Thailand heading after protests?
Who are the two sides?
The anti-government protesters are a disparate group, united by their opposition to Mr Thaksin.
They are being led by Suthep Thaugsuban, a former deputy prime minister who resigned from the opposition Democrat Party to lead the rallies.
The protesters say the Pheu Thai government has been buying votes with irresponsible spending pledges, aimed purely to bolster its support base, and thereby creating a flawed democracy.
They want the government dissolved and an interim administration appointed to oversee political reform.
In contrast, the Red Shirts have been largely supportive of the government's policies, and have warned that they will turn out in large numbers if the government they elected is forced from office.
They have held a number of rallies, but have for the most part remained off the streets.
Observers fear that if they were to decide to protest again, an escalation in violence would follow.
The Red Shirt leader, Jatuporn Prompan, said his group could accept martial law, but "would not tolerate a coup or other non-constitutional means'' to take power.
 

Miragedriver

Brigadier
China and Russia gas deal 'nearly finished'

China and Russia finalise terms on a 30-year deal for natural Gas thought to be worth £235bn


Russian president Vladimir Putin may have to accept unpalatable terms from China to clinch a massive gas pipeline deal in Shanghai this week, abandoning red lines defended tooth and claw by the Kremlin for the past decade.
The Russian state gas giant Gazprom said it is just “digits” away from an accord to supply North East China with 38bn cubic metres (BCM) for 30 years as soon as 2018. It is a long-coveted prize that would allow Russia to switch sales from Europe to the Far East and totally transform the Eurasian gas market.

Gazprom’s share price has soared 14pc this month as negotiations reach a climax. Investors are betting that the deal could be the start of an even greater build-up in gas shipments to Asia that would ultimately eclipse sales to Europe, currently 130 BCM, or 60pc of Gazprom’s revenues.

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I will now get back to bottling my Malbec
 

broadsword

Brigadier
I will now get back to bottling my Malbec


China is a huge market for your Malbec.


11UbtWP.jpg
 

Miragedriver

Brigadier
China Russia gas deal could affect prices
The natural gas deal between China and Russia could have consequences to prices around the world

The deal between China and Russia is thought to be in the final stages of negotiations.
Dan Dicker, MerBloc president said ''now is the time and I think that Vladimir Putin will make the concessions necessary to get this done.
''It's a very big deal because it changes the calculus of EU natural gas.''

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I will now get back to bottling my Malbec
 

joshuatree

Captain
China Russia gas deal could affect prices
The natural gas deal between China and Russia could have consequences to prices around the world



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I will now get back to bottling my Malbec


On the other end of the equation....

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Just 600 million barrels of oil can be extracted with existing technology, far below the 13.7 billion barrels once thought recoverable from the jumbled layers of subterranean rock spread across much of Central California, the U.S. Energy Information Administration said.

The Monterey Shale formation contains about two-thirds of the nation's shale oil reserves. It had been seen as an enormous bonanza, reducing the nation's need for foreign oil imports through the use of the latest in extraction techniques, including acid treatments, horizontal drilling and fracking.
 

TerraN_EmpirE

Tyrant King
West Coast yes.
this is only regarding the Monterrey shale deposits. which as California deposits would likely have not been touched anyway. California is a Blue Blue state. I doubt there would have been a approval to drill.
 
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