Tuesday, September 15, 2020

When people sue a city and win, they are now creating a financial burden to that city.

That financial burden is important. It brings about reflection of the city's government and should result in legislative changes that changes the problem that caused the death in the first place.

These financial settlements are important to invoke social reform. These settlements add to the cities taxes, too. So, that millage in property taxes increase will bring about a political resolve by the people as well. Ms. Baker knew what she was doing in holding the City of Louisville, Kentucky responsible for an innocent person's death.

September 15, 2020

Louisville, Kentucky -  A settlement has been reached in a wrongful death civil lawsuit (click here) between the family of Breonna Taylor and the city of Louisville.

The deal includes $12 million for the family and more "significant" police reforms, including new drug testing rules for LMPD officers, an incentive for officers to live in specific neighborhoods and a new level of scrutiny over search warrants.

Mayor Greg Fischer announced the changes at 2 p.m. with Taylor's family, attorneys Lonita Baker and Ben Crump, and others.

Baker says they would not negotiate a civil settlement unless it came with police reforms....

So far the USA normalization agreements are all politics.

The Arab countries have stated they came to the agreements of normalization to move Palestine to a two state solution. It is good to hear those words again, but, where is the roadmap for Palestine. We have been here before with a future full of promises, but, no material movement.

PALESTINE IS NOT AT THE TABLE.

September 9, 2020

Saudi Arabia has told an Arab League (click here) meeting it supports all efforts to reach a comprehensive solution to the Palestinian-Israeli conflict.

But a statement released by the Saudi Foreign Ministry on remarks made by Foreign Minister Prince Faisal bin Farhan al Saud included no direct mention of a normalisation deal between Israel and the United Arab Emirates.

The prince said Riyadh supported the establishment of a Palestinian state based on the borders before the 1967 Middle East war, with East Jerusalem as its capital, according to the statement.

On the other hand, Saudi Arabia opened up its airspace to Israel-UAE flights after the normalisation deal but has said it will not follow the United Arab Emirates until the Jewish state has signed an internationally recognised peace accord with Palestine....

Where is the extra UAE oil going?

September 15, 2020
By Tsvetena Paraskova

The United Arab Emirates (UAE), (click here) currently OPEC’s third-largest producer, breached its OPEC+ oil production quota by a massive 520,000 barrels per day (bpd) in August, data from the International Energy Agency (IEA) showed on Tuesday, suggesting that one of Saudi Arabia’s allies in ‘leading by example’ in the deal could be the cartel’s new compliance headache.

According to IEA’s Oil Market Report, cited by Bloomberg, the UAE pumped 3.11 million bpd in August, up by 240,000 bpd from July and 520,000 bpd above its ceiling of 2.59 million bpd as per the OPEC+ deal.

Using tanker-tracking data, the IEA estimated that OPEC’s third-largest producer exported as much as 2.7 million bpd in August, stockpiled oil at a rate of 115,000 bpd, processed 370,000 bpd at refineries, and blended 100,000 bpd of condensate in its crude streams, Bloomberg reports.  

Earlier this month, the UAE’s Energy Minister Suhail Al Mazrouei himself admitted that the UAE’s production increased to the above-quota 2.693 million bpd in August, but that “measures have been taken to compensate for this temporary increase due to peak summer electricity demand in the UAE, which required an increase in oil production and associated gas.”...

August 20, 2020

...Ahead of a virtual meeting of OPEC and non-OPEC producers, (click here) Russian Energy Minister Alexander Novak had welcomed data showing producers had by July implemented 95 per cent of the cuts agreed.

Following the meeting, the oil cartel said in a statement that figure was as high as 97 per cent if Mexico was included, welcoming "significant performance in overall conformity".

Nevertheless, "100 per cent conformity from all participating countries... and compensating for the shortfalls in May, June and July 2020 is not only fair, but vital for the ongoing rebalancing efforts and to help deliver long-term oil market stabilty," it added.

The coronavirus pandemic slammed the global economy earlier this year, plunging oil prices into unprecedented negative territory before top exporters Saudi Arabia and Russia agreed to put aside their differences and make common cause to halt the slide...