Daily Digest

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Daily Digest 12/22 - Saudi Arabia Vows to Ride Out Oil Price Slump, The Story Of Graphene

Monday, December 22, 2014, 12:27 PM

Economy

Why cyber warfare is so attractive to small nations (jdargis)

There are many reasons why a nation-state or non-nation entity would pursue a cyber war program, and today many countries large and small invest in cyber warfare. According to recent intelligence studies more than 140 countries have some level of cyber weapon development programs. In 2012 the U.S. Defense Advanced Research Projects Agency, the research arm of the Pentagon, invested $110 million in Plan X, a “foundational cyber warfare program” that aims to harness computing power to wage war more effectively. The program was only one part of DARPA’s reported $1.54 billion cyber budget for 2013 to 2017.

Teaching Hospitals Hit Hardest By Medicare Fines For Patient Safety (jdargis)

Dr. Eric Schneider, a Boston health researcher, said studies have shown that medical errors can be reduced through a number of techniques, such as entering physician orders into computers rather than scrawling them on paper, better hand-washing, and checklists on procedures to follow during surgeries. "Too many clinicians fail to use those techniques consistently," he said.

Graphene: Fast, Strong, Cheap, and Impossible To Use (jdargis)

Geim and Novoselov wrote a three-page paper describing their discoveries. It was twice rejected by Nature, where one reader stated that isolating a stable, two-dimensional material was “impossible,” and another said that it was not “a sufficient scientific advance.” But, in October, 2004, the paper, “Electric Field Effect in Atomically Thin Carbon Films,” was published in Science, and it astonished scientists. “It was as if science fiction had become reality,” Youngjoon Gil, the executive vice-president of the Samsung Advanced Institute of Technology, told me.

Saudi Arabia Vows to Ride Out Oil Price Slump (jdargis)

The oil minister for the United Arab Emirates, Suhail Mohamed Faraj Al Mazrouei urged all producers not to raise their oil output next year, saying this would quickly steady prices.

The world is forecast to need less OPEC oil in 2015 because of a rising supply of shale oil from the United States and other competing sources, with no significant increase in world demand.

The Oil Price Crash of 2014 (Wendy SD)

Oil prices have fallen by half since late June. This is a significant development for the oil industry and for the global economy, though no one knows exactly how either the industry or the economy will respond in the long run. Since it’s almost the end of the year, perhaps this is a good time to stop and ask: Why is this happening? Who wins and who loses over the short term?, and What will be the impacts on oil production in 2015?

OPEC Calls For Widespread production Cuts (Evan K.)

The oil ministers of two powerful OPEC members, Saudi Arabia and the United Arab Emirates, say they had no choice but to avoid cutting production to shore up oil prices at their meeting last month because non-OPEC producers refused to do the same. “The share of OPEC, as well as Saudi Arabia, in the global market has not changed for several years … while the production of other non-OPEC [countries] is rising constantly,” Saudi Oil Minister Ali al-Naimi said in an article published Dec. 18 in the Saudi Press Agency (SPA). “In a situation like this, it is difficult, if not impossible, for the kingdom or OPEC to take any action that may result in lower market share and higher quotas from others, at a time when it is difficult to control prices,” al-Naimi said.

The Big Kill (jdargis)

The reasons for this are in one sense complicated—the result of a peculiar set of geological and historical accidents—and in another quite simple. In New Zealand, anything with fur and beady little eyes is an invader, brought to the country by people—either Maori or European settlers. The invaders are eating their way through the native fauna, producing what is, even in an age of generalized extinction, a major crisis. So dire has the situation become that schoolchildren are regularly enlisted as little exterminators. (A recent blog post aimed at hardening hearts against cute little fuzzy things ran under the headline “Mrs. Tiggy-Winkle, Serial Killer.”)

A Strange New Gene Pool of Animals Is Brewing in the Arctic (jdargis)

The first confirmed cross between a polar bear and a grizzly bear—a white bear with brown patches—was documented in 2006; genetic analysis of a second, found in 2010, revealed that its mother was also a hybrid, suggesting that more instances are happening under scientists’ radar. In 2009, a biologist at the National Marine Mammal Laboratory photographed a probable bowhead/right whale hybrid in the Bering Sea. More hybrids are possible. Kelly and his coauthors have counted 34 opportunities for hybridization across 22 Arctic or near-Arctic species, based on the animals’ genetic compatibility and geographic range. The list includes potential hybrids of ringed and ribbon seals, Atlantic walrus and Pacific walrus, and beluga whales and narwhals.

Gold & Silver

Click to read the PM Daily Market Commentary: 12/19/14

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

3 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4163
sand_puppy's picture
sand_puppy
Status: Diamond Member (Offline)
Joined: Apr 13 2011
Posts: 1920
US Families Prepare For "Modern Day Apocalypse"

The Doom Boom: US Families Increasingly Prepared For "Modern Day Apocalypse" (zerohedge)

[A]n increasing number of Americans seem to think it is danger of falling apart, and they're preparing for the end. "We're not talking about folks walking around wearing tin foil on their heads,; we're not talking about conspiracy theorists. I'm talking about professionals: doctors and lawyers and law enforcement and military. Normal, everyday people. They can't necessarily put their finger on it. But there's something about the uncertainty of our times. They know something isn't quite right."

Lots of people can feel the pace of the Tetris Game is picking up.

And lots more sense that things are not as we are told.

-------------------------

And my favorite comment from hedgeless_horseman:

US families aren't prepared for sh*t.

 

No fallout shelters.

Too fat.

 

Too slow.

Can't shoot.

 

If your family can all 1) leave the home/office in 90 seconds 2) get underground in less than 15 minutes; 3) run 30 minutes at better than 10 minutes/mile while carrying your gear; 4) hit a man-sized target at 200 yards with one shot using your optic and fewer than five shots with your iron sights; and 5) put two shots in a 3" circle with your sidearm at 7 yards in less than two seconds (better than 4 of 5 tries), then maybe...maybe...you and yours have a chance if things go "Modern Day Apocalypse".

thatchmo's picture
thatchmo
Status: Gold Member (Online)
Joined: Dec 14 2008
Posts: 459
I might possibly pass the

I might possibly pass the tests of your second quote, but the questions that arise:  Where does one run to?  What will be waiting for you when you get back above ground?  Who's gonna be the first to stop shooting?  Depending on the nature of the Apocalypse, I'm guessing, as stated, those skills won't be enough to get you beyond a "chance", though some would survive with none of those skills.  'Course, I agree with your first quote completely....Aloha, Steve.

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