Monthly Archives: May 2022

How An Energy Expert Triggered Vladimir Putin With One Word

29 May 2022
Comments Off on How An Energy Expert Triggered Vladimir Putin With One Word

-How An Energy Expert Triggered Vladimir Putin With One Word
US Shale Oil Gas: Daniel Yergin, the vice chairman of S&P Global, discussed the incident on the latest episode of the “What Goes Up” podcast.
Daniel Yergin was at the St. Petersburg International Economic Forum in 2013 when he got a daunting request: Could he pose the first question from the audience to Vladimir Putin?
“I started to ask a question, I mentioned the word ’shale,’” he recalls, referring to a once-unconventional source of oil and natural gas that by then was flowing freely in the U.S. due to advances in production techniques. “And he started shouting at me, saying shale’s barbaric.”

Yergin, the vice chairman of S&P Global, discussed the incident on the latest episode of the “What Goes Up” podcast, along with other insights from his book “The New Map: Energy, Climate, and the Clash of Nations.” US shale oil and gas have had a much bigger impact on geopolitics than people recognize, Yergin says. It has posed a threat to Putin in multiple ways, especially as US natural gas would compete with Russia’s in Europe.

Below are lightly edited and condensed highlights of the conversation.

Q: How did the US become a big oil and gas producer?

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A: It was a revolution. We had eight presidents in a row, starting with Richard Nixon right up through Barack Obama, saying ‘We want to become energy independent.’ And it seemed a joke, it was never going to happen. But there was this technology called shale, which really involves hydraulic fracturing, as it’s called, combined with horizontal drilling. And there was one really obsessed individual — it’s so interesting, the role of obsessed individuals in economic change — named George P. Mitchell, who was convinced if you just worked somehow, even though the textbooks said it was impossible, you could make it work. And for 20 years, 25 years people scoffed, but then it did work. And even his own company, people were telling him not to spend money on it. But if he hadn’t spent that money, I’m not sure that we would’ve been where we were.

And then in the early 2000s, you started to see wildcatters — independents, as they’re called — small companies starting to adapt that technology. And then people said, ‘Oh, US natural gas supply, instead of going down is going up. And then they said, well, if it works for gas, maybe it works for oil too — in about 2008, 2009. So this all really happened in that period from about 2008, that’s when it all really began, the shale revolution. And it just took the US from an entirely different position. And if you had told people in 2002 that the US was going to be the world’s largest oil producer, larger than Russia, larger than Saudi Arabia, the world’s largest producer of natural gas, and this year, the world’s largest exporter of LNG, they would’ve said you’re living in a fantasy world.

Q: It occurred to me as I was reading your book that the US going from being renowned as the biggest consumer of energy in the world to now a major producer almost escalates the geopolitical tensions. Does it make America’s influence different in this environment?
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A: That’s absolutely right. I deal with a lot of things from Ukraine to climate in the book, but I start with shale because shale’s really had a much bigger impact on geopolitics that people recognize. The story I tell in the book is when I was in St. Petersburg at a conference where Putin was speaking — 3,000 people there — I was told to ask the first question. I started to ask a question, I mentioned the word ’shale.’ And he started shouting at me saying shale’s barbaric. He knew that US shale was a threat to him in two ways. One, because it meant that US natural gas would compete with his natural gas in Europe, and that’s what we’re seeing today. And secondly, this would really augment America’s position in the world and give it a kind of flexibility it didn’t have when it was importing 60% of its oil.

The question started off innocuously. I was going to ask him a normal question about diversifying your economy. And I said ’shale,’ and to be shouted at by him in front of 3,000 people, a really unpleasant experience. The other person on the stage was chancellor Merkel, who was chancellor of Germany for 16 years. And you can see the enmity between the two. But Merkel’s now being criticized for policies like shutting down nuclear that led to Germany being more dependent on Russian gas. And the judgment of history is shifting a little bit.

Q: How did everyone get Russia so wrong?

A: Now there’s a kind of revisionism that the world shouldn’t have traded with Russia, shouldn’t have tried to integrate Russia into the world economy, particularly as Putin got more and more authoritarian. But, you say, well, what was the alternative? To leave it festering there? The best thing was to get it anchored in the world. Putin, he’s been in power now almost as long as Joseph Stalin. And I think he was becoming more and more authoritarian and people who have known him over the years said that Covid changed him. He was isolated for two years. He wasn’t meeting Western business people. He wasn’t meeting Western government officials and so forth. So I don’t think there was an alternative to not trying to integrate Russia into the world, but obviously what’s happening now is the world, at least the Western world, is slamming the door on Russia.

Q: Is Europe going to be able to just soldier on without succumbing to Russia and their demands when it starts getting colder again?

That’s the question that’s really weighing now because in terms of oil, there’s enough crude oil in the world. You have to move it around, but between strategic stocks, between demand being down in China, you can manage that. When you get into products like diesel, it gets harder. And then you’re going to the hardest thing with natural gas, and that is exactly as you go into the winter. So the big question now is can they fill storage so that they can get through the winter, and, by the way, not only stay warm, but keep industry operating. And I think we can say that Putin made a series of decisions which kind of were irrational — that his army was really good, that Ukraine wouldn’t be able to resist, that the US had just gone through getting out of Afghanistan and was deeply divided, that Europe was so dependent on his energy that they would say, ‘OK, this is terrible, but life goes on.’ And none of that happened. But I think he’s still calculating. And he said that ultimately this energy disruption — and we are in a huge disruption of energy markets — would be such a big threat to the European economy that the coalition that now exists would fall apart. I think that’s his wager right now. And the Achilles heel is what you pointed to: what happens as Europe goes into the fall and winter. And we’ve had at least one German, very prominent industrialist, who said, ‘This is too dangerous for the European economy. We should negotiate something with Putin.’
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-3 Covid Shots Generate Good Response In Under-5s: Pfizer-BioNTech

Pfizer Covid vaccine: The announcement comes as the FDA is planning meetings in the coming weeks to weigh authorizing Covid vaccines.
Washington: The Pfizer-BioNTech Covid vaccine is safe and effective for children aged six months to under five years when given in three doses, the companies said in a statement Monday.
The announcement comes as the US Food and Drug Administration (FDA) is planning meetings in the coming weeks to weigh authorizing Covid vaccines among the youngest children, the only age group who are not yet eligible in most countries, a source of concern to many parents.

Pfizer-BioNTech evaluated three doses, given at three micrograms, in a clinical trial and found the vaccine evoked a strong immune response. Side effects were similar in the vaccine and placebo groups.

Vaccine efficacy was 80.3 percent, according to a preliminary estimate.

“We are pleased that our formulation for the youngest children, which we carefully selected to be one-tenth of the dose strength for adults, was well tolerated and produced a strong immune response,” said Pfizer CEO Albert Bourla in a statement.
“We look forward to soon completing our submissions to regulators globally with the hope of making this vaccine available to younger children as quickly as possible, subject to regulatory authorization,” he added.

The FDA has tentatively scheduled three dates in June where experts will meet and likely decide whether to authorize the Pfizer Covid vaccine for under-fives and the Moderna vaccine for under-sixes, which is given as two shots of 25 micrograms.
The agency was originally set to evaluate the Pfizer vaccine given as two doses in February, but data showed it did not provoke a strong enough immune response in children aged two to four. The FDA then asked to see data for a third shot.

Otofacial Syndrome Left Chicago’s Joseph Williams Without Jaw, He Refused To Give Up
Joseph Williams underwent a number of surgeries in Chicago, as doctors tried to construct a jaw but he said his body rejected it.

A man who was born without jaw and bullied his entire life has said that love saved his life after surviving decades of feeling “worthless”. Forty-one-year-old Joseph Williams from Chicago was quoted as saying by news.co.au that others struggling with challenges like him also deserve more out of life.
“Dating was also hard for me because I had such low self-esteem and felt worthless, but when I started believing in myself and realised I deserved more, I ended up finding my wife,” he told the publication.

Mr Williams was born with a rare congenital disorder called otofacial syndrome. It is caused by a mutated gene and left him unable to speak or eat with his mouth.

Due to the condition, Mr Williams uses sign language and consumes food through a tube.
“I can’t eat, speak or even breathe properly,” he said. “I have a tube in my stomach, which I can place blended food into, but this means that I have never tasted food.”
But these issues did not stop Mr Williams from living his life.
“I understand that I am different and that some people will think I am ugly and not accept me, but I am still a person who has a heart, feelings and a brain,” said the 41-year-old, who works as a welder. “I should be treated with respect, just as anyone else should be,” he added.
According to a report in the New York Post, when he was growing up, Mr Williams was constantly told about things he couldn’t do. “But I didn’t want my condition to hold me back and I didn’t want to be limited.”
Mr Williams underwent a number of surgeries in Chicago, as doctors tried to construct a jaw but he said his body rejected it.

-Over 6.5 Million People Left Ukraine Since War Began: UN Refugee Agency
Russia-Ukraine War: Since Russia’s invasion on Feb. 24, 6,538,998 refugees have left Ukraine, with the majority of them entering Poland.
Berlin: More than 6.5 million people have fled Ukraine since Russia’s invasion in late February, the U.N. refugee agency said.
Since Russia’s invasion on Feb. 24, 6,538,998 refugees have left Ukraine, with the majority of them entering Poland.

http://www.shadowville.com/board/general-discussions/how-an-energy-expert-triggered-vladimir-putin-with-one-word-1#p529828
https://blogs.itb.ac.id/cecep/how-an-energy-expert-triggered-vladimir-putin-with-one-word-2/

-Ukraine’s Zelensky Appeals For More Weapons In Davos Summit
Russia-Ukraine War: President Volodymyr Zelensky also urged to maximise sanctions against Moscow.
Davos: Ukrainian President Volodymyr Zelensky used the Davos summit on Monday to appeal for more weapons for his country and “maximum” sanctions against Moscow.
Speaking by videolink, Zelensky told the World Economic Forum that tens of thousands of lives would have been saved if Kyiv had received “100 percent of our needs at once back in February” when Russia invaded Ukraine.

Russia Claims It Fired Cruise Missiles To Destroy Ukrainian Weapons

29 May 2022
Comments Off on Russia Claims It Fired Cruise Missiles To Destroy Ukrainian Weapons

-Russia Claims It Fired Cruise Missiles To Destroy Ukrainian Weapons
Russia will head into the fourth month of its invasion of Ukraine on Tuesday with no end in sight to the fighting that has killed thousands.
Russia’s defence ministry on Monday said it had fired four Kalibr missiles from a submarine in the Black Sea to destroy the military equipment of a Ukrainian mountain assault brigade, the TASS news agency reported.
It was not immediately possible to verify the report.

Meanwhile, Russia will head into the fourth month of its invasion of Ukraine on Tuesday with no end in sight to the fighting that has killed thousands, uprooted millions and reduced cities to rubble.

After abandoning its assault on the capital, Kyiv, Russia is pressing on in the east and south in the face of mounting sanctions and a fierce Ukrainian counter-offensive bolstered by Western arms.

87 People were killed in a Russian air strike on the village of Desna last Tuesday, Ukrainian President Volodymyr Zelenskiy said on Monday during a speech to global business leaders at Davos.
Ukrainian authorities last week had said that eight people were killed in the strike on Desna, located in the northern Ukrainian region of Chernihiv.

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-”This is why Ukraine needs all the weapons that we ask (for), not just the ones that have been provided,” said Zelensky, flanked by Ukrainian flags and wearing an olive green T-shirt.

Zelensky called for an oil embargo on Russia, punitive measures against all its banks and the shunning of its IT sector, adding that all foreign companies should leave the country.

“There should not be any trade with Russia,” he told the gathering of the world’s political and business elites.
“I believe there are still no such sanctions against Russia — and there should be.”

While the United States, Britain and Canada have moved to ban Russian oil and gas, the European Union has been divided over imposing similar measures. EU members such as Germany and Hungary are heavily dependent on energy supplies from Russia.
The war in Ukraine is dominating the discussions in Davos, the first WEF meeting in more than two years. The Covid pandemic forced the cancellation of the 2021 in-person event and the postponement of this year’s confab until May.

-How An Energy Expert Triggered Vladimir Putin With One Word
US Shale Oil Gas: Daniel Yergin, the vice chairman of S&P Global, discussed the incident on the latest episode of the “What Goes Up” podcast.
Daniel Yergin was at the St. Petersburg International Economic Forum in 2013 when he got a daunting request: Could he pose the first question from the audience to Vladimir Putin?
“I started to ask a question, I mentioned the word ’shale,’” he recalls, referring to a once-unconventional source of oil and natural gas that by then was flowing freely in the U.S. due to advances in production techniques. “And he started shouting at me, saying shale’s barbaric.”
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Yergin, the vice chairman of S&P Global, discussed the incident on the latest episode of the “What Goes Up” podcast, along with other insights from his book “The New Map: Energy, Climate, and the Clash of Nations.” US shale oil and gas have had a much bigger impact on geopolitics than people recognize, Yergin says. It has posed a threat to Putin in multiple ways, especially as US natural gas would compete with Russia’s in Europe.

Below are lightly edited and condensed highlights of the conversation.

Q: How did the US become a big oil and gas producer?

A: It was a revolution. We had eight presidents in a row, starting with Richard Nixon right up through Barack Obama, saying ‘We want to become energy independent.’ And it seemed a joke, it was never going to happen. But there was this technology called shale, which really involves hydraulic fracturing, as it’s called, combined with horizontal drilling. And there was one really obsessed individual — it’s so interesting, the role of obsessed individuals in economic change — named George P. Mitchell, who was convinced if you just worked somehow, even though the textbooks said it was impossible, you could make it work. And for 20 years, 25 years people scoffed, but then it did work. And even his own company, people were telling him not to spend money on it. But if he hadn’t spent that money, I’m not sure that we would’ve been where we were.

And then in the early 2000s, you started to see wildcatters — independents, as they’re called — small companies starting to adapt that technology. And then people said, ‘Oh, US natural gas supply, instead of going down is going up. And then they said, well, if it works for gas, maybe it works for oil too — in about 2008, 2009. So this all really happened in that period from about 2008, that’s when it all really began, the shale revolution. And it just took the US from an entirely different position. And if you had told people in 2002 that the US was going to be the world’s largest oil producer, larger than Russia, larger than Saudi Arabia, the world’s largest producer of natural gas, and this year, the world’s largest exporter of LNG, they would’ve said you’re living in a fantasy world.
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Q: It occurred to me as I was reading your book that the US going from being renowned as the biggest consumer of energy in the world to now a major producer almost escalates the geopolitical tensions. Does it make America’s influence different in this environment?

A: That’s absolutely right. I deal with a lot of things from Ukraine to climate in the book, but I start with shale because shale’s really had a much bigger impact on geopolitics that people recognize. The story I tell in the book is when I was in St. Petersburg at a conference where Putin was speaking — 3,000 people there — I was told to ask the first question. I started to ask a question, I mentioned the word ’shale.’ And he started shouting at me saying shale’s barbaric. He knew that US shale was a threat to him in two ways. One, because it meant that US natural gas would compete with his natural gas in Europe, and that’s what we’re seeing today. And secondly, this would really augment America’s position in the world and give it a kind of flexibility it didn’t have when it was importing 60% of its oil.

The question started off innocuously. I was going to ask him a normal question about diversifying your economy. And I said ’shale,’ and to be shouted at by him in front of 3,000 people, a really unpleasant experience. The other person on the stage was chancellor Merkel, who was chancellor of Germany for 16 years. And you can see the enmity between the two. But Merkel’s now being criticized for policies like shutting down nuclear that led to Germany being more dependent on Russian gas. And the judgment of history is shifting a little bit.

Q: How did everyone get Russia so wrong?

A: Now there’s a kind of revisionism that the world shouldn’t have traded with Russia, shouldn’t have tried to integrate Russia into the world economy, particularly as Putin got more and more authoritarian. But, you say, well, what was the alternative? To leave it festering there? The best thing was to get it anchored in the world. Putin, he’s been in power now almost as long as Joseph Stalin. And I think he was becoming more and more authoritarian and people who have known him over the years said that Covid changed him. He was isolated for two years. He wasn’t meeting Western business people. He wasn’t meeting Western government officials and so forth. So I don’t think there was an alternative to not trying to integrate Russia into the world, but obviously what’s happening now is the world, at least the Western world, is slamming the door on Russia.
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Q: Is Europe going to be able to just soldier on without succumbing to Russia and their demands when it starts getting colder again?

That’s the question that’s really weighing now because in terms of oil, there’s enough crude oil in the world. You have to move it around, but between strategic stocks, between demand being down in China, you can manage that. When you get into products like diesel, it gets harder. And then you’re going to the hardest thing with natural gas, and that is exactly as you go into the winter. So the big question now is can they fill storage so that they can get through the winter, and, by the way, not only stay warm, but keep industry operating. And I think we can say that Putin made a series of decisions which kind of were irrational — that his army was really good, that Ukraine wouldn’t be able to resist, that the US had just gone through getting out of Afghanistan and was deeply divided, that Europe was so dependent on his energy that they would say, ‘OK, this is terrible, but life goes on.’ And none of that happened. But I think he’s still calculating. And he said that ultimately this energy disruption — and we are in a huge disruption of energy markets — would be such a big threat to the European economy that the coalition that now exists would fall apart. I think that’s his wager right now. And the Achilles heel is what you pointed to: what happens as Europe goes into the fall and winter. And we’ve had at least one German, very prominent industrialist, who said, ‘This is too dangerous for the European economy. We should negotiate something with Putin.’

-3 Covid Shots Generate Good Response In Under-5s: Pfizer-BioNTech

Pfizer Covid vaccine: The announcement comes as the FDA is planning meetings in the coming weeks to weigh authorizing Covid vaccines.
Washington: The Pfizer-BioNTech Covid vaccine is safe and effective for children aged six months to under five years when given in three doses, the companies said in a statement Monday.
The announcement comes as the US Food and Drug Administration (FDA) is planning meetings in the coming weeks to weigh authorizing Covid vaccines among the youngest children, the only age group who are not yet eligible in most countries, a source of concern to many parents.

Pfizer-BioNTech evaluated three doses, given at three micrograms, in a clinical trial and found the vaccine evoked a strong immune response. Side effects were similar in the vaccine and placebo groups.

Vaccine efficacy was 80.3 percent, according to a preliminary estimate.

“We are pleased that our formulation for the youngest children, which we carefully selected to be one-tenth of the dose strength for adults, was well tolerated and produced a strong immune response,” said Pfizer CEO Albert Bourla in a statement.
“We look forward to soon completing our submissions to regulators globally with the hope of making this vaccine available to younger children as quickly as possible, subject to regulatory authorization,” he added.

The FDA has tentatively scheduled three dates in June where experts will meet and likely decide whether to authorize the Pfizer Covid vaccine for under-fives and the Moderna vaccine for under-sixes, which is given as two shots of 25 micrograms.
The agency was originally set to evaluate the Pfizer vaccine given as two doses in February, but data showed it did not provoke a strong enough immune response in children aged two to four. The FDA then asked to see data for a third shot.

Otofacial Syndrome Left Chicago’s Joseph Williams Without Jaw, He Refused To Give Up
Joseph Williams underwent a number of surgeries in Chicago, as doctors tried to construct a jaw but he said his body rejected it.

A man who was born without jaw and bullied his entire life has said that love saved his life after surviving decades of feeling “worthless”. Forty-one-year-old Joseph Williams from Chicago was quoted as saying by news.co.au that others struggling with challenges like him also deserve more out of life.
“Dating was also hard for me because I had such low self-esteem and felt worthless, but when I started believing in myself and realised I deserved more, I ended up finding my wife,” he told the publication.

Mr Williams was born with a rare congenital disorder called otofacial syndrome. It is caused by a mutated gene and left him unable to speak or eat with his mouth.
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Due to the condition, Mr Williams uses sign language and consumes food through a tube.
“I can’t eat, speak or even breathe properly,” he said. “I have a tube in my stomach, which I can place blended food into, but this means that I have never tasted food.”
But these issues did not stop Mr Williams from living his life.
“I understand that I am different and that some people will think I am ugly and not accept me, but I am still a person who has a heart, feelings and a brain,” said the 41-year-old, who works as a welder. “I should be treated with respect, just as anyone else should be,” he added.
According to a report in the New York Post, when he was growing up, Mr Williams was constantly told about things he couldn’t do. “But I didn’t want my condition to hold me back and I didn’t want to be limited.”
Mr Williams underwent a number of surgeries in Chicago, as doctors tried to construct a jaw but he said his body rejected it.

-Over 6.5 Million People Left Ukraine Since War Began: UN Refugee Agency
Russia-Ukraine War: Since Russia’s invasion on Feb. 24, 6,538,998 refugees have left Ukraine, with the majority of them entering Poland.

http://www.shadowville.com/board/general-discussions/russia-claims-it-fired-cruise-missiles-to-destroy-ukrainian-weapons#p529817

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https://blogs.itb.ac.id/cecep/russia-claims-it-fired-cruise-missiles-to-destroy-ukrainian-weapons/

Berlin: More than 6.5 million people have fled Ukraine since Russia’s invasion in late February, the U.N. refugee agency said.
Since Russia’s invasion on Feb. 24, 6,538,998 refugees have left Ukraine, with the majority of them entering Poland.

-Ukraine’s Zelensky Appeals For More Weapons In Davos Summit
Russia-Ukraine War: President Volodymyr Zelensky also urged to maximise sanctions against Moscow.
Davos: Ukrainian President Volodymyr Zelensky used the Davos summit on Monday to appeal for more weapons for his country and “maximum” sanctions against Moscow.
Speaking by videolink, Zelensky told the World Economic Forum that tens of thousands of lives would have been saved if Kyiv had received “100 percent of our needs at once back in February” when Russia invaded Ukraine.

Dan Azeez is ready for ‘world level’ after impressing Artur Beterbiev in sparring, says Ben Shalom

29 May 2022
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Promoter Ben Shalom believes Dan Azeez has proven he is ready for “world level” after impressing Artur Beterbiev in sparring; Watch Beterbiev and Joe Smith Jr’s light heavyweight unification bout live on Sky Sports on June 18

Dan Azeez knows he is ready for “world level” after impressing in sparring sessions with fearsome world champion Artur Beterbiev, says promoter Ben Shalom.

Azeez became British light-heavyweight champion last year with a stunning knockout victory over Hosea Burton and backed that up with another dominant display against Reece Cartwright in March.

The unbeaten Lewisham fighter (16-0) is keen to continue his ascent, and has helped Beterbiev, holder of the WBC and IBF titles, prepare for his upcoming unification against WBO champion Joe Smith Jr, live on Sky Sports on June 18.

“That’s the level he wants to get to,” Shalom told Sky Spots News.

“I know that Beterbiev and his camp were saying ‘you’re the next one’. They were so impressed with him, they were trying to sign him. They think he’s the next guy.

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“I think it’s given him so much confidence now, to the point that he feels like he can take on anyone.

“Dan’s gone out there and now knows he’s ready for world titles, he’s ready for that level.

“Beterbiev couldn’t believe how talented Dan was.”

Azeez has previously expressed his desire to take on any of the top British names in the stacked 175lb division.

The likes of Anthony Yarde, Joshua Buatsi and Craig Richards are all on Azeez’s radar, but he looks most likely to face Lyndon Arthur next.

Arthur (19-1) upset Yarde in 2020, before losing his unbeaten record when the pair re-matched last December.

“I think the Lyndon Arthur fight is the obvious fight next,” Shalom added.

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“That’s a fight we want to make and we think is great for both fighters.

“Lyndon Arthur knows about the fight, I think he wants a slight warm-up first.

“Both fighters are very keen on the fight so we can hopefully make that happen in September.”

 

This is why Ukraine needs all the weapons that we ask

26 May 2022
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-”This is why Ukraine needs all the weapons that we ask (for), not just the ones that have been provided,” said Zelensky, flanked by Ukrainian flags and wearing an olive green T-shirt.

Zelensky called for an oil embargo on Russia, punitive measures against all its banks and the shunning of its IT sector, adding that all foreign companies should leave the country.

“There should not be any trade with Russia,” he told the gathering of the world’s political and business elites.
“I believe there are still no such sanctions against Russia — and there should be.”

While the United States, Britain and Canada have moved to ban Russian oil and gas, the European Union has been divided over imposing similar measures. EU members such as Germany and Hungary are heavily dependent on energy supplies from Russia.
The war in Ukraine is dominating the discussions in Davos, the first WEF meeting in more than two years. The Covid pandemic forced the cancellation of the 2021 in-person event and the postponement of this year’s confab until May.

-How An Energy Expert Triggered Vladimir Putin With One Word
US Shale Oil Gas: Daniel Yergin, the vice chairman of S&P Global, discussed the incident on the latest episode of the “What Goes Up” podcast.
Daniel Yergin was at the St. Petersburg International Economic Forum in 2013 when he got a daunting request: Could he pose the first question from the audience to Vladimir Putin?
“I started to ask a question, I mentioned the word ’shale,’” he recalls, referring to a once-unconventional source of oil and natural gas that by then was flowing freely in the U.S. due to advances in production techniques. “And he started shouting at me, saying shale’s barbaric.”
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Yergin, the vice chairman of S&P Global, discussed the incident on the latest episode of the “What Goes Up” podcast, along with other insights from his book “The New Map: Energy, Climate, and the Clash of Nations.” US shale oil and gas have had a much bigger impact on geopolitics than people recognize, Yergin says. It has posed a threat to Putin in multiple ways, especially as US natural gas would compete with Russia’s in Europe.

Below are lightly edited and condensed highlights of the conversation.

Q: How did the US become a big oil and gas producer?

A: It was a revolution. We had eight presidents in a row, starting with Richard Nixon right up through Barack Obama, saying ‘We want to become energy independent.’ And it seemed a joke, it was never going to happen. But there was this technology called shale, which really involves hydraulic fracturing, as it’s called, combined with horizontal drilling. And there was one really obsessed individual — it’s so interesting, the role of obsessed individuals in economic change — named George P. Mitchell, who was convinced if you just worked somehow, even though the textbooks said it was impossible, you could make it work. And for 20 years, 25 years people scoffed, but then it did work. And even his own company, people were telling him not to spend money on it. But if he hadn’t spent that money, I’m not sure that we would’ve been where we were.

And then in the early 2000s, you started to see wildcatters — independents, as they’re called — small companies starting to adapt that technology. And then people said, ‘Oh, US natural gas supply, instead of going down is going up. And then they said, well, if it works for gas, maybe it works for oil too — in about 2008, 2009. So this all really happened in that period from about 2008, that’s when it all really began, the shale revolution. And it just took the US from an entirely different position. And if you had told people in 2002 that the US was going to be the world’s largest oil producer, larger than Russia, larger than Saudi Arabia, the world’s largest producer of natural gas, and this year, the world’s largest exporter of LNG, they would’ve said you’re living in a fantasy world.
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Q: It occurred to me as I was reading your book that the US going from being renowned as the biggest consumer of energy in the world to now a major producer almost escalates the geopolitical tensions. Does it make America’s influence different in this environment?

A: That’s absolutely right. I deal with a lot of things from Ukraine to climate in the book, but I start with shale because shale’s really had a much bigger impact on geopolitics that people recognize. The story I tell in the book is when I was in St. Petersburg at a conference where Putin was speaking — 3,000 people there — I was told to ask the first question. I started to ask a question, I mentioned the word ’shale.’ And he started shouting at me saying shale’s barbaric. He knew that US shale was a threat to him in two ways. One, because it meant that US natural gas would compete with his natural gas in Europe, and that’s what we’re seeing today. And secondly, this would really augment America’s position in the world and give it a kind of flexibility it didn’t have when it was importing 60% of its oil.

The question started off innocuously. I was going to ask him a normal question about diversifying your economy. And I said ’shale,’ and to be shouted at by him in front of 3,000 people, a really unpleasant experience. The other person on the stage was chancellor Merkel, who was chancellor of Germany for 16 years. And you can see the enmity between the two. But Merkel’s now being criticized for policies like shutting down nuclear that led to Germany being more dependent on Russian gas. And the judgment of history is shifting a little bit.

Q: How did everyone get Russia so wrong?

A: Now there’s a kind of revisionism that the world shouldn’t have traded with Russia, shouldn’t have tried to integrate Russia into the world economy, particularly as Putin got more and more authoritarian. But, you say, well, what was the alternative? To leave it festering there? The best thing was to get it anchored in the world. Putin, he’s been in power now almost as long as Joseph Stalin. And I think he was becoming more and more authoritarian and people who have known him over the years said that Covid changed him. He was isolated for two years. He wasn’t meeting Western business people. He wasn’t meeting Western government officials and so forth. So I don’t think there was an alternative to not trying to integrate Russia into the world, but obviously what’s happening now is the world, at least the Western world, is slamming the door on Russia.
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Q: Is Europe going to be able to just soldier on without succumbing to Russia and their demands when it starts getting colder again?

That’s the question that’s really weighing now because in terms of oil, there’s enough crude oil in the world. You have to move it around, but between strategic stocks, between demand being down in China, you can manage that. When you get into products like diesel, it gets harder. And then you’re going to the hardest thing with natural gas, and that is exactly as you go into the winter. So the big question now is can they fill storage so that they can get through the winter, and, by the way, not only stay warm, but keep industry operating. And I think we can say that Putin made a series of decisions which kind of were irrational — that his army was really good, that Ukraine wouldn’t be able to resist, that the US had just gone through getting out of Afghanistan and was deeply divided, that Europe was so dependent on his energy that they would say, ‘OK, this is terrible, but life goes on.’ And none of that happened. But I think he’s still calculating. And he said that ultimately this energy disruption — and we are in a huge disruption of energy markets — would be such a big threat to the European economy that the coalition that now exists would fall apart. I think that’s his wager right now. And the Achilles heel is what you pointed to: what happens as Europe goes into the fall and winter. And we’ve had at least one German, very prominent industrialist, who said, ‘This is too dangerous for the European economy. We should negotiate something with Putin.’

-3 Covid Shots Generate Good Response In Under-5s: Pfizer-BioNTech

Pfizer Covid vaccine: The announcement comes as the FDA is planning meetings in the coming weeks to weigh authorizing Covid vaccines.
Washington: The Pfizer-BioNTech Covid vaccine is safe and effective for children aged six months to under five years when given in three doses, the companies said in a statement Monday.
The announcement comes as the US Food and Drug Administration (FDA) is planning meetings in the coming weeks to weigh authorizing Covid vaccines among the youngest children, the only age group who are not yet eligible in most countries, a source of concern to many parents.

Pfizer-BioNTech evaluated three doses, given at three micrograms, in a clinical trial and found the vaccine evoked a strong immune response. Side effects were similar in the vaccine and placebo groups.
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Vaccine efficacy was 80.3 percent, according to a preliminary estimate.

“We are pleased that our formulation for the youngest children, which we carefully selected to be one-tenth of the dose strength for adults, was well tolerated and produced a strong immune response,” said Pfizer CEO Albert Bourla in a statement.
“We look forward to soon completing our submissions to regulators globally with the hope of making this vaccine available to younger children as quickly as possible, subject to regulatory authorization,” he added.

The FDA has tentatively scheduled three dates in June where experts will meet and likely decide whether to authorize the Pfizer Covid vaccine for under-fives and the Moderna vaccine for under-sixes, which is given as two shots of 25 micrograms.
The agency was originally set to evaluate the Pfizer vaccine given as two doses in February, but data showed it did not provoke a strong enough immune response in children aged two to four. The FDA then asked to see data for a third shot.

Otofacial Syndrome Left Chicago’s Joseph Williams Without Jaw, He Refused To Give Up
Joseph Williams underwent a number of surgeries in Chicago, as doctors tried to construct a jaw but he said his body rejected it.

A man who was born without jaw and bullied his entire life has said that love saved his life after surviving decades of feeling “worthless”. Forty-one-year-old Joseph Williams from Chicago was quoted as saying by news.co.au that others struggling with challenges like him also deserve more out of life.
“Dating was also hard for me because I had such low self-esteem and felt worthless, but when I started believing in myself and realised I deserved more, I ended up finding my wife,” he told the publication.

Mr Williams was born with a rare congenital disorder called otofacial syndrome. It is caused by a mutated gene and left him unable to speak or eat with his mouth.
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According to a report in the New York Post, when he was growing up, Mr Williams was constantly told about things he couldn’t do. “But I didn’t want my condition to hold me back and I didn’t want to be limited.”
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-Russia Claims It Fired Cruise Missiles To Destroy Ukrainian Weapons
Russia will head into the fourth month of its invasion of Ukraine on Tuesday with no end in sight to the fighting that has killed thousands.
Russia’s defence ministry on Monday said it had fired four Kalibr missiles from a submarine in the Black Sea to destroy the military equipment of a Ukrainian mountain assault brigade, the TASS news agency reported.
It was not immediately possible to verify the report.

Meanwhile, Russia will head into the fourth month of its invasion of Ukraine on Tuesday with no end in sight to the fighting that has killed thousands, uprooted millions and reduced cities to rubble.

After abandoning its assault on the capital, Kyiv, Russia is pressing on in the east and south in the face of mounting sanctions and a fierce Ukrainian counter-offensive bolstered by Western arms.

87 People were killed in a Russian air strike on the village of Desna last Tuesday, Ukrainian President Volodymyr Zelenskiy said on Monday during a speech to global business leaders at Davos.
Ukrainian authorities last week had said that eight people were killed in the strike on Desna, located in the northern Ukrainian region of Chernihiv.

-Over 6.5 Million People Left Ukraine Since War Began: UN Refugee Agency
Russia-Ukraine War: Since Russia’s invasion on Feb. 24, 6,538,998 refugees have left Ukraine, with the majority of them entering Poland.
Berlin: More than 6.5 million people have fled Ukraine since Russia’s invasion in late February, the U.N. refugee agency said.
Since Russia’s invasion on Feb. 24, 6,538,998 refugees have left Ukraine, with the majority of them entering Poland.

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-Ukraine’s Zelensky Appeals For More Weapons In Davos Summit
Russia-Ukraine War: President Volodymyr Zelensky also urged to maximise sanctions against Moscow.
Davos: Ukrainian President Volodymyr Zelensky used the Davos summit on Monday to appeal for more weapons for his country and “maximum” sanctions against Moscow.
Speaking by videolink, Zelensky told the World Economic Forum that tens of thousands of lives would have been saved if Kyiv had received “100 percent of our needs at once back in February” when Russia invaded Ukraine.

Official digital money can help financial system stability

26 May 2022
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Official digital money can help financial system stability

Creating an official digital version of the US dollar could help ensure financial system stability as crypto assets and digital currencies developed by other countries become increasingly popular, Federal Reserve Vice Chair Lael Brainard said Wednesday (05/25/2022).

“As we assess the future of digital financial systems, it is wise to consider how to maintain ready public access to secure central bank money, perhaps via digital analogues of physical currency issuance.

Federal Reserve,” Brainard said in testimony released before his appearance on the matter before the U.S. House of Representatives Financial Services Committee on Thursday.

“We recognize there is a risk of inaction, just as there is a risk of acting,” he said.

Fed policymakers remain divided on the need for a central bank digital currency (CBDC) and have just completed a three-month public consultation period seeking feedback on the idea.

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The Fed has also indicated it would not launch it without clear support from the White House and lawmakers.

That puts it behind its other major global central bank peers, including the European Central Bank (ECB), the Central Bank of Japan (BoJ) and the Bank of England (BoE), on the process of possible adoption.

China is currently piloting its own CBDC and in total nine countries have launched one and another 87 countries are exploring the option, according to the Atlantic Council.

The risks of loosely regulated cryptocurrencies and stablecoins, whose value has exploded during the COVID-19 pandemic, have been in sharp focus with crypto markets slumping this month following the crash of the major “stablecoin” terraUSD. Leading cryptocurrency bitcoin has fallen more than 50 percent since November.

“This incident underscores the need for a clear regulatory barrier to provide consumer and investor protection, protect financial stability, and ensure a level of competition and innovation across the financial system,” said Brainard.

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Unlike cryptocurrencies, which are typically run by private actors, CBDCs will be issued and backed by a central bank. If the US goes ahead with creating it, Brainard said, it will have to be designed so that commercial banks, given their centrality to the financial system, are not interrupted, for example by limiting the amount a person can hold or transfer.

Brainard also thinks US CBDCs can protect the dollar’s global interests.

Other Fed policymakers, including Fed Governor Christopher Waller, were more skeptical and pointed out that many dollar transactions are already digital, and have also raised privacy concerns.

Over 6.5 Million People Left Ukraine Since War Began: UN Refugee Agency

25 May 2022
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-Over 6.5 Million People Left Ukraine Since War Began: UN Refugee Agency
Russia-Ukraine War: Since Russia’s invasion on Feb. 24, 6,538,998 refugees have left Ukraine, with the majority of them entering Poland.
Berlin: More than 6.5 million people have fled Ukraine since Russia’s invasion in late February, the U.N. refugee agency said.
Since Russia’s invasion on Feb. 24, 6,538,998 refugees have left Ukraine, with the majority of them entering Poland.

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-Ukraine’s Zelensky Appeals For More Weapons In Davos Summit
Russia-Ukraine War: President Volodymyr Zelensky also urged to maximise sanctions against Moscow.
Davos: Ukrainian President Volodymyr Zelensky used the Davos summit on Monday to appeal for more weapons for his country and “maximum” sanctions against Moscow.
Speaking by videolink, Zelensky told the World Economic Forum that tens of thousands of lives would have been saved if Kyiv had received “100 percent of our needs at once back in February” when Russia invaded Ukraine.

“This is why Ukraine needs all the weapons that we ask (for), not just the ones that have been provided,” said Zelensky, flanked by Ukrainian flags and wearing an olive green T-shirt.

Zelensky called for an oil embargo on Russia, punitive measures against all its banks and the shunning of its IT sector, adding that all foreign companies should leave the country.
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“There should not be any trade with Russia,” he told the gathering of the world’s political and business elites.
“I believe there are still no such sanctions against Russia — and there should be.”

While the United States, Britain and Canada have moved to ban Russian oil and gas, the European Union has been divided over imposing similar measures. EU members such as Germany and Hungary are heavily dependent on energy supplies from Russia.
The war in Ukraine is dominating the discussions in Davos, the first WEF meeting in more than two years. The Covid pandemic forced the cancellation of the 2021 in-person event and the postponement of this year’s confab until May.
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How An Energy Expert Triggered Vladimir Putin With One Word

25 May 2022
Comments Off on How An Energy Expert Triggered Vladimir Putin With One Word

How An Energy Expert Triggered Vladimir Putin With One Word
US Shale Oil Gas: Daniel Yergin, the vice chairman of S&P Global, discussed the incident on the latest episode of the “What Goes Up” podcast.
Daniel Yergin was at the St. Petersburg International Economic Forum in 2013 when he got a daunting request: Could he pose the first question from the audience to Vladimir Putin?
“I started to ask a question, I mentioned the word ’shale,’” he recalls, referring to a once-unconventional source of oil and natural gas that by then was flowing freely in the U.S. due to advances in production techniques. “And he started shouting at me, saying shale’s barbaric.”

Yergin, the vice chairman of S&P Global, discussed the incident on the latest episode of the “What Goes Up” podcast, along with other insights from his book “The New Map: Energy, Climate, and the Clash of Nations.” US shale oil and gas have had a much bigger impact on geopolitics than people recognize, Yergin says. It has posed a threat to Putin in multiple ways, especially as US natural gas would compete with Russia’s in Europe.

Below are lightly edited and condensed highlights of the conversation.

Q: How did the US become a big oil and gas producer?

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A: It was a revolution. We had eight presidents in a row, starting with Richard Nixon right up through Barack Obama, saying ‘We want to become energy independent.’ And it seemed a joke, it was never going to happen. But there was this technology called shale, which really involves hydraulic fracturing, as it’s called, combined with horizontal drilling. And there was one really obsessed individual — it’s so interesting, the role of obsessed individuals in economic change — named George P. Mitchell, who was convinced if you just worked somehow, even though the textbooks said it was impossible, you could make it work. And for 20 years, 25 years people scoffed, but then it did work. And even his own company, people were telling him not to spend money on it. But if he hadn’t spent that money, I’m not sure that we would’ve been where we were.

And then in the early 2000s, you started to see wildcatters — independents, as they’re called — small companies starting to adapt that technology. And then people said, ‘Oh, US natural gas supply, instead of going down is going up. And then they said, well, if it works for gas, maybe it works for oil too — in about 2008, 2009. So this all really happened in that period from about 2008, that’s when it all really began, the shale revolution. And it just took the US from an entirely different position. And if you had told people in 2002 that the US was going to be the world’s largest oil producer, larger than Russia, larger than Saudi Arabia, the world’s largest producer of natural gas, and this year, the world’s largest exporter of LNG, they would’ve said you’re living in a fantasy world.

Q: It occurred to me as I was reading your book that the US going from being renowned as the biggest consumer of energy in the world to now a major producer almost escalates the geopolitical tensions. Does it make America’s influence different in this environment?

A: That’s absolutely right. I deal with a lot of things from Ukraine to climate in the book, but I start with shale because shale’s really had a much bigger impact on geopolitics that people recognize. The story I tell in the book is when I was in St. Petersburg at a conference where Putin was speaking — 3,000 people there — I was told to ask the first question. I started to ask a question, I mentioned the word ’shale.’ And he started shouting at me saying shale’s barbaric. He knew that US shale was a threat to him in two ways. One, because it meant that US natural gas would compete with his natural gas in Europe, and that’s what we’re seeing today. And secondly, this would really augment America’s position in the world and give it a kind of flexibility it didn’t have when it was importing 60% of its oil.

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The question started off innocuously. I was going to ask him a normal question about diversifying your economy. And I said ’shale,’ and to be shouted at by him in front of 3,000 people, a really unpleasant experience. The other person on the stage was chancellor Merkel, who was chancellor of Germany for 16 years. And you can see the enmity between the two. But Merkel’s now being criticized for policies like shutting down nuclear that led to Germany being more dependent on Russian gas. And the judgment of history is shifting a little bit.

Q: How did everyone get Russia so wrong?

A: Now there’s a kind of revisionism that the world shouldn’t have traded with Russia, shouldn’t have tried to integrate Russia into the world economy, particularly as Putin got more and more authoritarian. But, you say, well, what was the alternative? To leave it festering there? The best thing was to get it anchored in the world. Putin, he’s been in power now almost as long as Joseph Stalin. And I think he was becoming more and more authoritarian and people who have known him over the years said that Covid changed him. He was isolated for two years. He wasn’t meeting Western business people. He wasn’t meeting Western government officials and so forth. So I don’t think there was an alternative to not trying to integrate Russia into the world, but obviously what’s happening now is the world, at least the Western world, is slamming the door on Russia.
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Q: Is Europe going to be able to just soldier on without succumbing to Russia and their demands when it starts getting colder again?

That’s the question that’s really weighing now because in terms of oil, there’s enough crude oil in the world. You have to move it around, but between strategic stocks, between demand being down in China, you can manage that. When you get into products like diesel, it gets harder. And then you’re going to the hardest thing with natural gas, and that is exactly as you go into the winter. So the big question now is can they fill storage so that they can get through the winter, and, by the way, not only stay warm, but keep industry operating. And I think we can say that Putin made a series of decisions which kind of were irrational — that his army was really good, that Ukraine wouldn’t be able to resist, that the US had just gone through getting out of Afghanistan and was deeply divided, that Europe was so dependent on his energy that they would say, ‘OK, this is terrible, but life goes on.’ And none of that happened. But I think he’s still calculating. And he said that ultimately this energy disruption — and we are in a huge disruption of energy markets — would be such a big threat to the European economy that the coalition that now exists would fall apart. I think that’s his wager right now. And the Achilles heel is what you pointed to: what happens as Europe goes into the fall and winter. And we’ve had at least one German, very prominent industrialist, who said, ‘This is too dangerous for the European economy. We should negotiate something with Putin.’

-3 Covid Shots Generate Good Response In Under-5s: Pfizer-BioNTech

Pfizer Covid vaccine: The announcement comes as the FDA is planning meetings in the coming weeks to weigh authorizing Covid vaccines.
Washington: The Pfizer-BioNTech Covid vaccine is safe and effective for children aged six months to under five years when given in three doses, the companies said in a statement Monday.
The announcement comes as the US Food and Drug Administration (FDA) is planning meetings in the coming weeks to weigh authorizing Covid vaccines among the youngest children, the only age group who are not yet eligible in most countries, a source of concern to many parents.

Pfizer-BioNTech evaluated three doses, given at three micrograms, in a clinical trial and found the vaccine evoked a strong immune response. Side effects were similar in the vaccine and placebo groups.

Vaccine efficacy was 80.3 percent, according to a preliminary estimate.
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“We are pleased that our formulation for the youngest children, which we carefully selected to be one-tenth of the dose strength for adults, was well tolerated and produced a strong immune response,” said Pfizer CEO Albert Bourla in a statement.
“We look forward to soon completing our submissions to regulators globally with the hope of making this vaccine available to younger children as quickly as possible, subject to regulatory authorization,” he added.

The FDA has tentatively scheduled three dates in June where experts will meet and likely decide whether to authorize the Pfizer Covid vaccine for under-fives and the Moderna vaccine for under-sixes, which is given as two shots of 25 micrograms.
The agency was originally set to evaluate the Pfizer vaccine given as two doses in February, but data showed it did not provoke a strong enough immune response in children aged two to four. The FDA then asked to see data for a third shot.

Otofacial Syndrome Left Chicago’s Joseph Williams Without Jaw, He Refused To Give Up
Joseph Williams underwent a number of surgeries in Chicago, as doctors tried to construct a jaw but he said his body rejected it.

A man who was born without jaw and bullied his entire life has said that love saved his life after surviving decades of feeling “worthless”. Forty-one-year-old Joseph Williams from Chicago was quoted as saying by news.co.au that others struggling with challenges like him also deserve more out of life.
“Dating was also hard for me because I had such low self-esteem and felt worthless, but when I started believing in myself and realised I deserved more, I ended up finding my wife,” he told the publication.

Mr Williams was born with a rare congenital disorder called otofacial syndrome. It is caused by a mutated gene and left him unable to speak or eat with his mouth.

Due to the condition, Mr Williams uses sign language and consumes food through a tube.
“I can’t eat, speak or even breathe properly,” he said. “I have a tube in my stomach, which I can place blended food into, but this means that I have never tasted food.”
But these issues did not stop Mr Williams from living his life.
“I understand that I am different and that some people will think I am ugly and not accept me, but I am still a person who has a heart, feelings and a brain,” said the 41-year-old, who works as a welder. “I should be treated with respect, just as anyone else should be,” he added.
According to a report in the New York Post, when he was growing up, Mr Williams was constantly told about things he couldn’t do. “But I didn’t want my condition to hold me back and I didn’t want to be limited.”
Mr Williams underwent a number of surgeries in Chicago, as doctors tried to construct a jaw but he said his body rejected it.

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-Russia Claims It Fired Cruise Missiles To Destroy Ukrainian Weapons
Russia will head into the fourth month of its invasion of Ukraine on Tuesday with no end in sight to the fighting that has killed thousands.
Russia’s defence ministry on Monday said it had fired four Kalibr missiles from a submarine in the Black Sea to destroy the military equipment of a Ukrainian mountain assault brigade, the TASS news agency reported.
It was not immediately possible to verify the report.

Meanwhile, Russia will head into the fourth month of its invasion of Ukraine on Tuesday with no end in sight to the fighting that has killed thousands, uprooted millions and reduced cities to rubble.
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After abandoning its assault on the capital, Kyiv, Russia is pressing on in the east and south in the face of mounting sanctions and a fierce Ukrainian counter-offensive bolstered by Western arms.

87 People were killed in a Russian air strike on the village of Desna last Tuesday, Ukrainian President Volodymyr Zelenskiy said on Monday during a speech to global business leaders at Davos.
Ukrainian authorities last week had said that eight people were killed in the strike on Desna, located in the northern Ukrainian region of Chernihiv.

-Over 6.5 Million People Left Ukraine Since War Began: UN Refugee Agency
Russia-Ukraine War: Since Russia’s invasion on Feb. 24, 6,538,998 refugees have left Ukraine, with the majority of them entering Poland.
Berlin: More than 6.5 million people have fled Ukraine since Russia’s invasion in late February, the U.N. refugee agency said.
Since Russia’s invasion on Feb. 24, 6,538,998 refugees have left Ukraine, with the majority of them entering Poland.

-Ukraine’s Zelensky Appeals For More Weapons In Davos Summit
Russia-Ukraine War: President Volodymyr Zelensky also urged to maximise sanctions against Moscow.
Davos: Ukrainian President Volodymyr Zelensky used the Davos summit on Monday to appeal for more weapons for his country and “maximum” sanctions against Moscow.
Speaking by videolink, Zelensky told the World Economic Forum that tens of thousands of lives would have been saved if Kyiv had received “100 percent of our needs at once back in February” when Russia invaded Ukraine.
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“This is why Ukraine needs all the weapons that we ask (for), not just the ones that have been provided,” said Zelensky, flanked by Ukrainian flags and wearing an olive green T-shirt.

Zelensky called for an oil embargo on Russia, punitive measures against all its banks and the shunning of its IT sector, adding that all foreign companies should leave the country.

“There should not be any trade with Russia,” he told the gathering of the world’s political and business elites.
“I believe there are still no such sanctions against Russia — and there should be.”

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How An Energy Expert Triggered Vladimir Putin With One Word

While the United States, Britain and Canada have moved to ban Russian oil and gas, the European Union has been divided over imposing similar measures. EU members such as Germany and Hungary are heavily dependent on energy supplies from Russia.
The war in Ukraine is dominating the discussions in Davos, the first WEF meeting in more than two years. The Covid pandemic forced the cancellation of the 2021 in-person event and the postponement of this year’s confab until May.

JCO is ready to hold “From the New World” concert to celebrate its 20th anniversary

25 May 2022
Comments Off on JCO is ready to hold “From the New World” concert to celebrate its 20th anniversary

In order to celebrate its 20th anniversary, the Jakarta Concert Orchestra (JCO) led by maestro Avip Priatna will hold a concert entitled “From the New World” at the Kertanegara Recital Hall, Jakarta, on 26 May.

The concert also marks the opening of the Kertanegara Recital Hall which has been completely renovated. Now the concert hall with good acoustic quality has more audience capacity, which is almost 400 seats, and has an orchestra pit so that the main stage becomes wider.

The theme of the concert was taken from the name of the most popular symphony by Antonín Dvořák in 1893.

Director of Music and Conductor of the Jakarta Concert Orchestra (JCO) Avip Priatna in a press release on Wednesday, said that since 2002, JCO has had a mission to continue to popularize orchestral music in Indonesia so that it becomes a spectacle that can be enjoyed by more people, including young people.

“Our efforts to achieve this mission are contained in the shows that we carry. We hope that through the 20th anniversary concert JCO can start new stages and hopes for the music industry after the pandemic, and treat the longing for music lovers, especially classical music,” he added.

The “From the New World” concert will feature a full instrument by Antonín Dvořák, as well as two young guest musicians who will perform as soloists, namely Marini Widyasari on Alexey Shor’s Flute Concerto and Bagaskoro Byar Sumirat on Brenno Blauth’s Concertino Oboe.

In addition, the concert will also feature a premiere performance by musician Arya Pugala Kitti with the title “Nebula Karsa”.

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Indonesian musicologist Aditya Setiadi welcomed the concert. According to him, managing and maintaining the continuity of an orchestra is an effort that often goes awry.

“In its 20th year, the Jakarta Concert Orchestra (JCO) has proven to have succeeded in answering all challenges. Apart from being consistent in maintaining the quality of its playing, JCO is a home for orchestral musicians to take shelter, work, and learn,” said Aditya.

“As one of the best orchestras in the country, JCO has proven that its artistic principles and organization indirectly help shape a healthy and dynamic Indonesian music ecosystem, always open and flexible to changes in people’s tastes without sacrificing quality,” he continued.

For your information, JCO is the first orchestra in Indonesia capable of performing a complete opera. In addition, JCO is also an orchestra with the most complete musical repertoire, from classical music to other types of music.

Dozens of works from world and Indonesian musicians have been successfully performed by JCO in recent years. JCO has also collaborated with world soloists such as Alexey Botvinov (Ukraine) and Suzanne Shakespeare (Australia) as well as dozens of artists in Indonesia such as Andien, Isyana Sarasvati, Bunga Citra Lestari (BCL).

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3 Covid Shots Generate Good Response In Under-5s: Pfizer-BioNTech

24 May 2022
Comments Off on 3 Covid Shots Generate Good Response In Under-5s: Pfizer-BioNTech

3 Covid Shots Generate Good Response In Under-5s: Pfizer-BioNTech
Pfizer Covid vaccine: The announcement comes as the FDA is planning meetings in the coming weeks to weigh authorizing Covid vaccines.
Washington: The Pfizer-BioNTech Covid vaccine is safe and effective for children aged six months to under five years when given in three doses, the companies said in a statement Monday.
The announcement comes as the US Food and Drug Administration (FDA) is planning meetings in the coming weeks to weigh authorizing Covid vaccines among the youngest children, the only age group who are not yet eligible in most countries, a source of concern to many parents.

Pfizer-BioNTech evaluated three doses, given at three micrograms, in a clinical trial and found the vaccine evoked a strong immune response. Side effects were similar in the vaccine and placebo groups.

Vaccine efficacy was 80.3 percent, according to a preliminary estimate.

“We are pleased that our formulation for the youngest children, which we carefully selected to be one-tenth of the dose strength for adults, was well tolerated and produced a strong immune response,” said Pfizer CEO Albert Bourla in a statement.
“We look forward to soon completing our submissions to regulators globally with the hope of making this vaccine available to younger children as quickly as possible, subject to regulatory authorization,” he added.
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The FDA has tentatively scheduled three dates in June where experts will meet and likely decide whether to authorize the Pfizer Covid vaccine for under-fives and the Moderna vaccine for under-sixes, which is given as two shots of 25 micrograms.
The agency was originally set to evaluate the Pfizer vaccine given as two doses in February, but data showed it did not provoke a strong enough immune response in children aged two to four. The FDA then asked to see data for a third shot.

Otofacial Syndrome Left Chicago’s Joseph Williams Without Jaw, He Refused To Give Up
Joseph Williams underwent a number of surgeries in Chicago, as doctors tried to construct a jaw but he said his body rejected it.

A man who was born without jaw and bullied his entire life has said that love saved his life after surviving decades of feeling “worthless”. Forty-one-year-old Joseph Williams from Chicago was quoted as saying by news.co.au that others struggling with challenges like him also deserve more out of life.
“Dating was also hard for me because I had such low self-esteem and felt worthless, but when I started believing in myself and realised I deserved more, I ended up finding my wife,” he told the publication.

Mr Williams was born with a rare congenital disorder called otofacial syndrome. It is caused by a mutated gene and left him unable to speak or eat with his mouth.

Due to the condition, Mr Williams uses sign language and consumes food through a tube.
“I can’t eat, speak or even breathe properly,” he said. “I have a tube in my stomach, which I can place blended food into, but this means that I have never tasted food.”
But these issues did not stop Mr Williams from living his life.
“I understand that I am different and that some people will think I am ugly and not accept me, but I am still a person who has a heart, feelings and a brain,” said the 41-year-old, who works as a welder. “I should be treated with respect, just as anyone else should be,” he added.
According to a report in the New York Post, when he was growing up, Mr Williams was constantly told about things he couldn’t do. “But I didn’t want my condition to hold me back and I didn’t want to be limited.”
Mr Williams underwent a number of surgeries in Chicago, as doctors tried to construct a jaw but he said his body rejected it.

-How An Energy Expert Triggered Vladimir Putin With One Word
US Shale Oil Gas: Daniel Yergin, the vice chairman of S&P Global, discussed the incident on the latest episode of the “What Goes Up” podcast.
Daniel Yergin was at the St. Petersburg International Economic Forum in 2013 when he got a daunting request: Could he pose the first question from the audience to Vladimir Putin?
“I started to ask a question, I mentioned the word ’shale,’” he recalls, referring to a once-unconventional source of oil and natural gas that by then was flowing freely in the U.S. due to advances in production techniques. “And he started shouting at me, saying shale’s barbaric.”

Yergin, the vice chairman of S&P Global, discussed the incident on the latest episode of the “What Goes Up” podcast, along with other insights from his book “The New Map: Energy, Climate, and the Clash of Nations.” US shale oil and gas have had a much bigger impact on geopolitics than people recognize, Yergin says. It has posed a threat to Putin in multiple ways, especially as US natural gas would compete with Russia’s in Europe.

Below are lightly edited and condensed highlights of the conversation.

Q: How did the US become a big oil and gas producer?
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A: It was a revolution. We had eight presidents in a row, starting with Richard Nixon right up through Barack Obama, saying ‘We want to become energy independent.’ And it seemed a joke, it was never going to happen. But there was this technology called shale, which really involves hydraulic fracturing, as it’s called, combined with horizontal drilling. And there was one really obsessed individual — it’s so interesting, the role of obsessed individuals in economic change — named George P. Mitchell, who was convinced if you just worked somehow, even though the textbooks said it was impossible, you could make it work. And for 20 years, 25 years people scoffed, but then it did work. And even his own company, people were telling him not to spend money on it. But if he hadn’t spent that money, I’m not sure that we would’ve been where we were.

And then in the early 2000s, you started to see wildcatters — independents, as they’re called — small companies starting to adapt that technology. And then people said, ‘Oh, US natural gas supply, instead of going down is going up. And then they said, well, if it works for gas, maybe it works for oil too — in about 2008, 2009. So this all really happened in that period from about 2008, that’s when it all really began, the shale revolution. And it just took the US from an entirely different position. And if you had told people in 2002 that the US was going to be the world’s largest oil producer, larger than Russia, larger than Saudi Arabia, the world’s largest producer of natural gas, and this year, the world’s largest exporter of LNG, they would’ve said you’re living in a fantasy world.

Q: It occurred to me as I was reading your book that the US going from being renowned as the biggest consumer of energy in the world to now a major producer almost escalates the geopolitical tensions. Does it make America’s influence different in this environment?

A: That’s absolutely right. I deal with a lot of things from Ukraine to climate in the book, but I start with shale because shale’s really had a much bigger impact on geopolitics that people recognize. The story I tell in the book is when I was in St. Petersburg at a conference where Putin was speaking — 3,000 people there — I was told to ask the first question. I started to ask a question, I mentioned the word ’shale.’ And he started shouting at me saying shale’s barbaric. He knew that US shale was a threat to him in two ways. One, because it meant that US natural gas would compete with his natural gas in Europe, and that’s what we’re seeing today. And secondly, this would really augment America’s position in the world and give it a kind of flexibility it didn’t have when it was importing 60% of its oil.

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The question started off innocuously. I was going to ask him a normal question about diversifying your economy. And I said ’shale,’ and to be shouted at by him in front of 3,000 people, a really unpleasant experience. The other person on the stage was chancellor Merkel, who was chancellor of Germany for 16 years. And you can see the enmity between the two. But Merkel’s now being criticized for policies like shutting down nuclear that led to Germany being more dependent on Russian gas. And the judgment of history is shifting a little bit.

Q: How did everyone get Russia so wrong?

A: Now there’s a kind of revisionism that the world shouldn’t have traded with Russia, shouldn’t have tried to integrate Russia into the world economy, particularly as Putin got more and more authoritarian. But, you say, well, what was the alternative? To leave it festering there? The best thing was to get it anchored in the world. Putin, he’s been in power now almost as long as Joseph Stalin. And I think he was becoming more and more authoritarian and people who have known him over the years said that Covid changed him. He was isolated for two years. He wasn’t meeting Western business people. He wasn’t meeting Western government officials and so forth. So I don’t think there was an alternative to not trying to integrate Russia into the world, but obviously what’s happening now is the world, at least the Western world, is slamming the door on Russia.

Q: Is Europe going to be able to just soldier on without succumbing to Russia and their demands when it starts getting colder again?

That’s the question that’s really weighing now because in terms of oil, there’s enough crude oil in the world. You have to move it around, but between strategic stocks, between demand being down in China, you can manage that. When you get into products like diesel, it gets harder. And then you’re going to the hardest thing with natural gas, and that is exactly as you go into the winter. So the big question now is can they fill storage so that they can get through the winter, and, by the way, not only stay warm, but keep industry operating. And I think we can say that Putin made a series of decisions which kind of were irrational — that his army was really good, that Ukraine wouldn’t be able to resist, that the US had just gone through getting out of Afghanistan and was deeply divided, that Europe was so dependent on his energy that they would say, ‘OK, this is terrible, but life goes on.’ And none of that happened. But I think he’s still calculating. And he said that ultimately this energy disruption — and we are in a huge disruption of energy markets — would be such a big threat to the European economy that the coalition that now exists would fall apart. I think that’s his wager right now. And the Achilles heel is what you pointed to: what happens as Europe goes into the fall and winter. And we’ve had at least one German, very prominent industrialist, who said, ‘This is too dangerous for the European economy. We should negotiate something with Putin.’

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-Russia Claims It Fired Cruise Missiles To Destroy Ukrainian Weapons
Russia will head into the fourth month of its invasion of Ukraine on Tuesday with no end in sight to the fighting that has killed thousands.
Russia’s defence ministry on Monday said it had fired four Kalibr missiles from a submarine in the Black Sea to destroy the military equipment of a Ukrainian mountain assault brigade, the TASS news agency reported.
It was not immediately possible to verify the report.

Meanwhile, Russia will head into the fourth month of its invasion of Ukraine on Tuesday with no end in sight to the fighting that has killed thousands, uprooted millions and reduced cities to rubble.

After abandoning its assault on the capital, Kyiv, Russia is pressing on in the east and south in the face of mounting sanctions and a fierce Ukrainian counter-offensive bolstered by Western arms.

87 People were killed in a Russian air strike on the village of Desna last Tuesday, Ukrainian President Volodymyr Zelenskiy said on Monday during a speech to global business leaders at Davos.
Ukrainian authorities last week had said that eight people were killed in the strike on Desna, located in the northern Ukrainian region of Chernihiv.

-Over 6.5 Million People Left Ukraine Since War Began: UN Refugee Agency
Russia-Ukraine War: Since Russia’s invasion on Feb. 24, 6,538,998 refugees have left Ukraine, with the majority of them entering Poland.
Berlin: More than 6.5 million people have fled Ukraine since Russia’s invasion in late February, the U.N. refugee agency said.
Since Russia’s invasion on Feb. 24, 6,538,998 refugees have left Ukraine, with the majority of them entering Poland.
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-Ukraine’s Zelensky Appeals For More Weapons In Davos Summit
Russia-Ukraine War: President Volodymyr Zelensky also urged to maximise sanctions against Moscow.
Davos: Ukrainian President Volodymyr Zelensky used the Davos summit on Monday to appeal for more weapons for his country and “maximum” sanctions against Moscow.
Speaking by videolink, Zelensky told the World Economic Forum that tens of thousands of lives would have been saved if Kyiv had received “100 percent of our needs at once back in February” when Russia invaded Ukraine.

“This is why Ukraine needs all the weapons that we ask (for), not just the ones that have been provided,” said Zelensky, flanked by Ukrainian flags and wearing an olive green T-shirt.

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Zelensky called for an oil embargo on Russia, punitive measures against all its banks and the shunning of its IT sector, adding that all foreign companies should leave the country.

“There should not be any trade with Russia,” he told the gathering of the world’s political and business elites.
“I believe there are still no such sanctions against Russia — and there should be.”

While the United States, Britain and Canada have moved to ban Russian oil and gas, the European Union has been divided over imposing similar measures. EU members such as Germany and Hungary are heavily dependent on energy supplies from Russia.
The war in Ukraine is dominating the discussions in Davos, the first WEF meeting in more than two years. The Covid pandemic forced the cancellation of the 2021 in-person event and the postponement of this year’s confab until May.

Why it’s now or never in Neymar’s quest for European glory

24 May 2022
Comments Off on Why it’s now or never in Neymar’s quest for European glory

When dreams clash with reality; when life reaches a daunting crossroads; when we must decide whether to be or make history.

Right now Neymar is at the crossroads.
A 21st century football brand fueled by endless promise; a nouveau-riche social, commercial and cultural phenomena; a superstar who’s no stranger to the scrutiny of the public eye.

Yet when it comes to the bright lights of European football’s biggest stage — the Champions League — he’s trapped in a perpetual cycle of repetition.
A one-time winner, yes — but for some ably assisted by his supremely skilled South American counterparts — Lionel Messi and Luis Suarez — in the once famed ‘MSN’ triumvirate at Barcelona.
On two occasions misfortune has conspired to subvert the Brazilian prodigy’s chances of grabbing the competition by the scruff of the neck in the red and blue colors of Paris Saint-Germain.
So here we are in 2020. Is it third time lucky? Is this Neymar’s moment of truth?
Three games now stand between the ‘Red Pill’ of European enlightenment or the ‘Blue Pill’ of another footnote in the 28-year-old’s lengthening Wikipedia page.
“This is the year that he can really redeem himself […] These three games can change everything […] I don’t believe he’s going to have another opportunity like this one,” Brazilian football journalist Fernando Kallás tells
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‘All or nothing’: Neymar’s goal helped guide PSG to victory over Borussia Dortmund in the Champions League round of 16 back in March
‘Biggest mistake in the history of sports’
Since planting their flag in the cobbled Parisians streets in June 2011, PSG’s Qatari investors have made no secret of their ultimate goal — continental supremacy.
Domestically it’s been an era defined by unrelenting dominance. Seven top-flight league titles and five French cups, including four trebles in six seasons.

But if Europe is a combination lock, they’ve been interminably searching for the locksmith with the elusive key. Seven times they’ve tried and failed to crack the complex code — each failure more painful and bitter than the last.
“A specific timeline was set and once you get past that timeline each season it goes on it seems like PSG are getting further and further away so there’s a weight of history that’s bearing down,” explains French football expert Jonathan Johnson.
The world record signing of Neymar from Barcelona in August 2017 — for a still mind-bending $263 million — was intended to deliver that knight in shining armor.
No longer the back-up singer to Messi and Suarez but now the leading performer with a license to thrill and become the best in the world.
For some it was a game-changer; for Kallás it remains “the biggest mistake in the history of sports.”

A love-hate relationship
Reflecting this past week on the three-year anniversary of his move, the striker wrote that “(these) came with a lot of knowledge. I’ve lived times of joy and some complicated ones.”
His bond with supporters in the city of love has undulated its way through the full gamut of Facebook relationship statuses: From ‘Married’ to ‘Separated’ to ‘It’s complicated.’
All with the allure of a former lover in Catalonia lingering in the background.
A long drawn-out, but ultimately unsuccessful, serenade last summer to woo the Brazilian back to the Camp Nou brought simmering tensions in Paris to the boil.
The love-hate dynamic around the polarizing figure was perhaps best encapsulated in the superstar’s first league appearance of the 2019-20 season.
Relentlessly booed for 90 minutes before delivering a sublime match-winning bicycle kick at the very death — half the naysayers enraptured; the other half enraged.
Kallás paints a picture of jury similarly split down the middle along generational lines in Brazil — the young pretenders who adore “the image, the smile, the tattoos” contrasted with the old guard who are “really concerned about him.”
The Cold War in Paris has since thawed, along with the realization that going back to the future is — for now — not an imminent prospect.
“He has shown on the pitch and off it that he’s committed to the project […] He really has to embrace the challenge of being a PSG player and achieving something, notably in the Champions League, in Paris,” says Johnson.
Whilst a new leaf may have been turned on the pitch, questions remain off it.

Will the boy become a man?
Neymar’s personal life has — at times — borne the hallmarks of a gripping telenovela — filled with intrigue, and all supported by an ensembled entourage.
Last year he was cleared of wrongdoing after a Brazilian model accused the former Brazil captain of rape and assault.
This year he was forced to miss a league match through injury — two days after hosting a lavish birthday party in a Paris nightclub.
Those willing him on to succeed despair: Will the boy ever become a man?
“In Brazil we have an expression that says that he (Neymar) is an endless promise […] That he is “Menino Neymar” (“Baby Neymar”) — He’s not a boy […] He needs to be in reality […] He has to grow up,” says Kallás, who has followed the Brazilian’s trials and tribulations on and off the pitch.
“When he’s on the pitch he delivers […] I have never, never heard one complaint from a coach or another player about his attitude in training, in the locker-room.”

And for all the goals, assists and silverware to date, history and biology have dealt the twinkle-toed star a cruel hand — starving him of the opportunity to have his say at the business end of European football’s elite club competition.
Curtailed seasons in 2018 and 2019 due to injuries coincided with dramatic exists for PSG from the round of 16 stage at the hands of Real Madrid and Manchester United, respectively.
“That’s what makes the remainder of this campaign so important and why he’ll be under such close scrutiny,” says Johnson.
“It’s make or break”
The Covid-19 pandemic has significantly — and perhaps favorably for PSG — changed the dynamic for the finale of this year’s tournament.
Gone are the two-legged knockout affairs from the quarterfinal stages onwards, replaced instead by single-leg shoot outs — all within the bubble of Lisbon.
Without the departed sharpshooter Edinson Cavani and the recently sidelined Kylian Mbappé, the floor is Neymar’s.
First the surprise package of Atalanta awaits in the quarterfinals; Then a potential clash with the battle hardened Atlético Madrid in the semifinals and, after that, who knows in a winner-takes-all final.
“We always say ‘This is going to be the year. No — This is going to be the year. No — This is going to be the year’ […] It’s his last chance.”

Whilst progress in the competition would — according to Johnson — “really give the (Qatari) project the shot in the arm that it’s needed after a few years of massive disappointment,” for Kallás, this month could be the beginning of a career defining two years for the individual at the heart of the narrative.
With the Brazilian’s contract set to expire in 2022 and a World Cup in Qatar that same year, which is likely to be his last in a Brazil jersey, it’s quite simply “make or break.”
“We always say ‘This is going to be the year. No — This is going to be the year. No — This is going to be the year’ […] He’s 28-years-old, he should be in the peak of his career but he’s not […] It’s his last chance.”
The telenovela has had its unforeseen plot twists, its moments of madness and its bursts of brilliance. Now it’s in the hands of its lead protagonist to script its showpiece ending.

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