More carmakers caught in headlights of VW engine-rigging scandal

More carmakers caught in headlights of VW engine-rigging scandal
Volkswagen has admitted it installed illegal software into 11 million 2.0 liter and 3.0 liter diesel engines worldwide (AFP Photo/Josh Edelson)

Volkswagen emissions scandal

Iran's 'catastrophic mistake': Speculation, pressure, then admission

Iran's 'catastrophic mistake': Speculation, pressure, then admission
Analsyts say it is irresponsible to link the crash of a Ukraine International Airline Boeing 737-800 to the 737 MAX accidents (AFP Photo/INA FASSBENDER)

Missing MH370 likely to have disintegrated mid-flight: experts

Missing MH370 likely to have disintegrated mid-flight: experts
A Malaysia Airlines Boeing 777 commercial jet.

QZ8501 (AirAsia)

Leaders see horror of French Alps crash as probe gathers pace

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

Wednesday, October 29, 2008

SBY hints at lowering fuel prices

Abdul Khalik and Alfian, The Jakarta Post, Jakarta    

President Susilo Bambang Yudhoyono has hinted at his willingness to lower fuel prices, a move considered decisive in making or breaking his administration ahead of elections next year. 

Yudhoyono said Tuesday the government was studying the possibility of a fuel price cut as global crude oil prices continued their decline. 

"We are studying intensively a plan to lower the fuel prices. If it's considered effective, I will make the decision to lower them," Yudhoyono said after meeting with Finance Minister Sri Mulyani Indrawati and Energy and Mineral Resources Minister Purnomo Yusgiantoro. 

"If (oil) prices keep falling and our (subsidy) calculation is sufficiently sound, it is my moral obligation to reduce the burden on our people," he said. 

Analysts say a cut in fuel prices would drastically boost the popularity of the Yudhoyono administration just months ahead of the upcoming elections, especially among middle- and lower-income voters. 

Indonesia has long maintained a hefty subsidy to keep fuel for motorists and households below international market prices. 

Energy minister Purnomo said the government was unlikely to lower the cost of all type of fuels, because the subsidy for most of the fuel this year was expected to exceed the allocation, due to a spike in global oil prices earlier this year. 

Ministry figures show subsidy spending reached Rp 130.9 trillion (US$13 billion) as of October, far higher than the initially allocated Rp 126.82 trillion for the entire year. 

"I think the most feasible fuel to see a price cut immediately is Premium gasoline," Purnomo said. 

Subsidized Premium currently retails at Rp 6,000 per liter, 9.4 percent lower than the non-subsidized price of Rp 6,622. 

Purnomo said the non-subsidized price was equivalent to the market price under the Indonesian Crude Price (ICP) benchmark of US$70 per barrel on average. The ICP is currently at $73.50. 

Purnomo said it was impossible to simultaneously lower the prices of diesel, kerosene and three-kilogram-canister LPG this year, because their price disparity with global prices were wider than that of Premium. 

State oil and gas company PT Pertamina data shows the price for non-subsidized kerosene in Jakarta, sold to industry, reached Rp 7,629 per liter as of Oct. 15, while the subsidized price was set at Rp 2500 per liter. 

The House of Representatives on Monday officially asked the government to cut fuel prices in the wake of a steep fall in global oil prices, in a move that could galvanize support for the current administration. 

The House's Commission VII, which oversees energy and mineral resources affairs, said lower fuel prices would cushion the economy against the impact of a looming global economic recession.

No comments: