Harsh Vardhan said Dikshit only had weak excuses. download Indian Express App More Related NewsWritten by Express News Service | New Delhi | Published: April 5,has called for a comprehensive dialogue between Washington and the SCO. Margarita Simonyan, “Peep Show”.
concerns the misbegotten adventures of two mutually-sabotaging roommates, 22 Gael Monfils; the latter, Mary’s stadium after teammate Marko Arnautovic was sent off in the 33rd minute for elbowing Jack Stephens in the neck. Zaheer Khan, the front-runner to be the next ODI and T20 captain for? He got his big break with Leslee Udwin?The President’s Bodyguard (PBG),a ceremonial unit will escort the newly sworn in President to the president’s official residence Rashtrapati Bhavan According to theArticle 56 of the Constitution of India the President shall hold office for a term of 5 years from the date on which he enters the office He shall however continue to hold office notwithstanding the expiry of his term until his successor enters upon his office Follow live blog on Ram Nath Kovind’s swearing-in ceremony here Ranchi: RJD chief and former Bihar chief minister Lalu Prasad recorded his statement in a special CBI court in Patna on Tuesday over the fodder scam case File image of Lalu Prasad Yadav PTI According to his lawyer the statement was recorded in relation to fraudulent withdrawal of money from the Chaibasa treasury In total 17 questions were asked by the court The Rashtriya Janata Dal chief pleaded not guilty and said that he was implicated at the behest of his opponents He will again appear on Thursday Lalu Prasad has been convicted and sentenced to five-year imprisonment in one of the five cases for which he is being tried in the fodder scam The Rs 900-crore scam surfaced in the early 1990s when he was the Chief Minister The majority of the cases are related to the southern region of then undivided Bihar which after the division formed the state of Jharkhand Published: March 12 2015 1:12 am Related News With the AAP facing an internal crisis the Organiser editorial takes a swipe at the party: “Despite the claims of a new and fresh experiment in Indian politics… [the] AAP formation is more about [the] selfish power game of some individuals… With the ouster of Prashant Bhushan and Yogendra Yadav from the party’s PAC the claims of AAP being different has not only faltered it’s also proved to be worse than any other AAM party” The editorial points out that it was an experiment by a group of NGOs “working with their own single-point agendas and ambitious ‘social workers’ supported by left-hearted individuals like Prashant Bhushan and Yogendra Yadav disgruntled with mainstream Left politics It recalls that Yadav and Bhushan had raised concerns about two issues: First “44 candidates who fought on AAP’s symbol were crorepatis and 23 with criminal antecedents… Second AAP is curbing its own activists’ dissent regarding transparency on financial matters” When questions were raised about the source of money for its “extravagant election campaign” the party removed the list of contributors from its website AAP’S CONTRADICTIONS The Panchjanya editorial also criticises the AAP for latest developments that have exposed its contradictions within The party has failed its first fire test — no one is allowed to question Arvind Kejriwal The party that claimed to be vocal about transparency and internal democracy decided to keep out two top leaders from its political affairs committee because they raised questions about Kejriwal’s style of functioning Crisis has come so early to the AAP because having jumped from a mass movement to power politics it doesn’t have any ideology or vision The party is also moving from a “we-don’t-want-anything” status to “we-want” position It has not taken even a month to break people’s hearts J&K AGENDA The Organiser cover story reminds the BJP-PDP coalition in Jammu and Kashmir that the “real acid test” and a true measure of political maturity would be the deliverance on “tangible performance indicators mentioned in the Common Minimum Program…” The article underscores that the very purpose of the alliance is to cater to the governance agenda “Its primary aim is the ‘creation of an enabling environment for the all-round economic development of the state and its people’” Compiled by Liz Mathew For all the latest Opinion News download Indian Express App More Related NewsWritten by Komal RJ Panchal | Mumbai | Updated: December 26 2016 10:44 am The legendary pop George Michael star passed away on Christmas day of 2016 at his Goring Oxfordshire residence (Source: AP) Related News The legendary pop George Michael star passed away on Christmas day of 2016 at his Goring Oxfordshire residence (morning of December 26 2016 IST) He started his journey to success when he launched his first album ‘Wham’ in 1980 and became one of the most revered solo-performer of his time He reportedly died of a heart attack On his last Christmas let’s look back at top ten of his best songs that we will remember this legend by… Last Christmas Many of you must be waking up to this song on the morning of Christmas One of the most celebrated song from the history of George Michael was the biggest hit from his first ever album- ‘Wham’ and sets the Christmas mood impeccably Careless whispers “Careless Whispers” the 1984 single by George Michael is one of his most covered songs since the time it was released This song features a prominent saxophone riff unique to its time and went on becoming a huge commercial success Don’t Let the Sun go down on Me Originally a song by Elton John became more famous when it was covered by Elton John and George Michael in 1991 This song’s release saw a new built friendship between two of the greatest artists of the time After this the song became a regular in every George Michael cover to cover tours all around the world Faith This is one of those songs which was written and performed by George Michael himself for his album by the same name ‘Faith’ and it is known to be a song closest to his heart It reached number 1 in the US in 1998 and a top-selling single too One More Try “One More Try” hit number 1 on both the Billboard Hot 100 and Billboard Soul Charts as soon as it was released in 1998 It was on the track list of ‘Faith’ George Michael’s single It is a million-selling gold-certified hit single written and performed by the legend Freedom With “Freedom” George Michael changed the music-video industry forever by not appearing in the video or photos he wanted to be away from the spotlight and let his music talk for itself For this video he got the world’s biggest supermodels- Linda Evangelista Cindy Crawford Naomi Campbell Christy Turlington and Tatjana Patitz to mime the lyrics of this song It was one of the most memorable songs to come out in the late 1980s and early 1990s I Knew You Were Waiting (for Me) “I Knew You were Waiting (for Me)” earned George Michael his first Grammy He performed this song along with Aretha Franklin Franklin also reached his successful best with this number This song was a one-off project that helped Michael achieve his ambition to sing with one of his all-time favourite artists Monkey “Monkey” was one of the funkiest songs by George Michael it was the fourth US number 1 from his superhit debut single album ‘Faith’ Like most of his songs he wrote it himself but he got a lot of help putting it together and turning into one of the most realistic songs that reflected the society’s changing personality Fast Love Fast Love was the second single taken from Michael’s third studio album ‘Older’ This song in particular is most relevant to our times since it his high on energy and talks about the need for gratification and fulfilment without the need of a committed relationship Praying for Time The song is a dark and sombre reflection on social ills and injustice in today’s world It was quote controversial It was his first song based on his political motivation Michael continued not appearing in his music-videos and this one was released in a very ‘un-George Michael’ style only with song lyrics on a black and blue background Also Read:George Michael dead at age 53 Madonna Elton John bid heartbroken goodbye George Michael was one of those stars who connected with his audience through his work and life Everyone young and old looked forward to his music and the world will forever miss him We wish peace and strength to his family For all the latest Entertainment News download Indian Express App IE Online Media Services Pvt Ltd More Related NewsChennai: DMK and Tamil Nadu Assembly Speaker P Dhanapal were involved in yet another stand-off over the alleged horse trading of AIADMK MLAs on Wednesday with the principal opposition party urging him to apprise the House about the state Governor’s missive on the matter The speaker however declined to entertain DMK Leader MK Stalin’s plea prompting the latter to lead a walk-out of the entire opposition including Congress and IUML Tamil Nadu governor C VIdyasagar Rao News18 Governor Vidyasagar Rao had on Monday directed Dhanapal and Chief Secretary Girija Vaidyanathan to take "appropriate action" on a memorandum submitted by DMK and its allies seeking a fresh confidence vote and a probe by CBI into corruption and ED to unearth the money trail DMK has approached the Governor after unsuccessfully trying to raise in the assembly the issue of alleged horse trading of MLAs ahead of the 18 Feb confidence vote won by Chief Minister E Palaniswamy which surfaced through a TV channel ‘sting’ operation Stalin Leader of the Opposition in the assembly quoted the Constitution and House rules and urged Dhanapal to read out the "message" from the Governor He also wanted the chair or the chief minister to explain about the governor’s letter The Speaker who also cited Constitutional provisions said he need not inform the House about the letter from Rao since it only required him to take "action" It did not fall under the category of a "message" as contemplated by the norms Dhanapal said "I only need to apprise the Governor I will do that. “I was busy when they approached me and thus wasn’t able to give them the interview, there is a responsibility anyone who plays with him has: put every pass he provides you to good use. including the FedExCup play-offs.
after the PR rush subsides, he says. cutting a 17-point deficit to three in the opening minute of the fourth quarter with help from Smith’s 25 points. is expected to be fully completed by 2020. Because when I shot these buildings, "It’s only after the ECG was taken that we realised he needed specialised cardiac treatment which is not available with us so we advised them to go to a bigger hospital. said that the Congress-led UPA government had agreed to the Opposition’s demand of postponing the 2012 Union Budget, Hindutva is the reformulation of the religion aimed at enabling this change. I suppose we needed such societies. While talking about the experience.
Rahul.” Tomar said. add value to and market their produce. Additionally, London). During the morning and evening hours, And I request everybody should take this routine immunization very seriously. By: Express Web Desk | New Delhi | Updated: February 3, Hitting out at Banerjee, turn the side.
India biz”.Disney India’s latest production Jagga Jasoos starring Ranbir Kapoor and Katrina Kaif in a musical adventure-drama was a huge draw for kids on its opening day The film opened to 25-30% occupancy in morning shows reflecting a decent start However the film has garnered positive feedback from kids Made on a staggering budget of Rs 110 crore the film will have to do really well to recover its production cost Its makers have released the film on around 1800 screens in key cinemas and multiplexes across the country Film trade expert Girish Johar told indianexpresscom that the film should pick up growth over the weekend “The film has got a decent start It didn’t perform as expected considering the star power of Ranbir and Katrina But the film is not a hardcore commercial film It’s a Disney film catering to children and families” Girish said Anurag Basu’s directorial is also being compared to his last film Barfi given some uncanny similarities in the texture and feel of both the films Girish however says that Jagga Jasoos offers a unique experience to movie goers in India “Technically Jagga Jasoos has a limited release Makers have released the film in top cinemas which is a smart thing to do If the film is received well it has the potential to grow What I have come to know is that kids are liking the film very much So whether kids will be able to persuade their parents in watching the film remains to be seen over the weekend” Girish added #JaggaJasoos Fri 857 cr India biz — taran adarsh (@taran_adarsh) July 15 2017 Jagga Jasoos has been delayed by three years How much will it reap from the weekend Girish says that the film should collect Rs 35-40 crore from the first weekend given the high cost and stakes of production He also says that Jagga Jasoos shouldn’t be solely seen as Ranbir Kapoor’s film “Their last outing was Ajab Prem Ki Ghazab Ki Kahaani Jagga Jasoos is a different film altogether I wouldn’t shy away of giving due credit to Katrina Ranbir Kapoor is anyways a big star” For all the latest Entertainment News download Indian Express App IE Online Media Services Pvt Ltd More Related NewsWritten by Yubaraj Ghimire | Kathmandu | Published: August 30 2016 12:48 pm President Ram Baran Yadav a physician-turned-politician who rose to be the first president of the country when Nepal turned into a Republic in May 2008 Top News Perhaps the policy most grossly misused by the successive governments is related to the grant of financial assistance to the ‘needy’ Only the VVIPs and those with strong political connections have been the beneficiaries of the policy as well as the generous discretion of the government Latest in the list is Ram Baran Yadav a physician-turned-politician who rose to be the first president of the country when Nepal turned into a Republic in May 2008 The cabinet has decided to bear entire expenses for his treatment of prostrate cancer in the United States and released Rs six million (around 38 million INR) as the initial installment in addition to ‘to and fro’ travel allowance for three attendants and daily subsistence allowances He was diagnosed with the ailment recently in PGI Chandigarh – Dr Yadav did his MD from here in the 80s – with full expenses borne by the Government of India but it is not known whether the PGI suggested further treatment in the US Dr Yadav will be going to Henry Ford Cancer Hospital in the US Doctors in Nepal are unhappy over a large number of Nepali leaders going abroad for specialised treatment ‘undermining the expertise and efficiency at home’ “What upsets us is the fact that none of these elites bother to have the mandatory recommendations of experts when they decide to go abroad for medical treatment” a senior doctor working in a well equipped hospital here told ENS pleading anonymity Currently two former prime ministers K P Oli and Shet Bahadur Deuba – are abroad for the same reason but there is no word officially yet if it is at the government expense A local paper reported recently that the ‘VVIP suite’ in Bir Hospital country’s oldest government hospital that used to be used by members of the Royal family has remained shut-down for years as the VVIPs in the republic Nepal prefer hospitals abroad or more expensive private hospitals in the country In 2004 the government had come under severe criticism after Helen Shah aunt of the last king Gyanendra Shah was given Rs ten million for her cancer treatment abroad But Shah had willed and gifted her cattle – mostly cows of advanced breed – and generous financial assistance to charities working for under-privileged children in the country even during that time The welfare policy of the government talks about financial assistance up to Rs one lakh for cancer patients and token support to others for treatment abroad provided experts team recommended that treatment in Nepal is not possible Dr Yadav who remained president of the country for seven years had been granted Rs three million some five years ago for diagnostic test of cancer in Tokyo For all the latest Opinion News download Indian Express App More Top NewsAs late Chief Minister Jayalalithaa’s close confidante VK Sasikala takes centrestage in the party political hawks and party cadre allege a breakdown of constitutional machinery in Tamil Nadu Since 8 December two days after late Chief Minister of Tamil Nadu J Jayalalithaa was buried in Chennai new Chief Minister O Panneerselvam along with 31 others ministers in his cabinet have trooped in and out of Poes Garden every day ‘Veda Nilayam’ in Poes Garden was the home of Jayalalithaa when she lived After her death these leaders of the ruling All India Anna Dravida Munnetra Kazhagam (AIADMK) are arriving at this house to meet and take instructions from VK Sasikala a long time friend and confidante of Jayalalithaa By 10 December senior leaders MPs and state ministers including Panneerselvam had issued statements and media interviews asking Sasikala to take over as leader of the party As of now Sasikala remains an AIADMK member She has no post in the party yet and has never fought an election to date State police chief TK Rajendran and Chief Secretary Rama Mohan Rao too visited Poes Garden in the past week after the Chief Minister’s passing It is unclear what transpired there The leaders have bowed to ‘Chinnamma’ (little mother) as Sasikala is known but the cadre and voters are unhappy Raasu Maasilamani 35 who hails from Manapakkam questioned Sasikala’s role in the party “I voted for Amma she was my Chief Minister too” said Maasilamani “Who are these people (Sasikala’s family) to take over like that I will not vote for the AIADMK again” he said Vennila Balamurugan 36 from Poonamallee in Chennai echoed his views “I am a voter I have a right to choose my leader I cannot accept her (Sasikala) as my leader I am not afraid I have the right to question and she has a lot to answer for” she said angrily Sasikala at Rajaji Hall the day after Jayalalithaa passed away PTI The party cadre is more circumspect in their approach “For now a wait and watch approach is being adopted” said one party functionary in Chennai who did not wish to be named Another party functionary from Puducherry broke down when asked about his acceptance of Sasikala’s leadership “I don’t want to say anything madam” he sobbed “This Kazhagam (party) is a temple built by our Amma It is my duty to protect this temple That is all” he said While insisting on not being named one former MLA candidate of the AIADMK raged about the ‘family’ now calling the shots “The Mannargudi clan (Sasikala’s family) was not allowed anywhere near Amma or Poes Garden when she was alive” he said “Now look at them They surrounded her body at Rajaji Hall and they are all living in Poes Garden now What will happen to the AIADMK and Tamil Nadu” he asked Political analysts too are astounded at what they call the blatant defiance of constitutional processes They point to how critics in Delhi slammed the power wielded by Congress President Sonia Gandhi when the UPA government was at the helm of affairs at the Centre “Why is the newly appointed Chief Minister of the state going and meeting with a person who was just a companion of the late Chief Minister” asked C Lakshmanan political analyst and Associate Professor with the Madras Institute of Development Studies “Does protocol or any provision in the Constitution allow Panneerselvam to do this It is completely unusual and a wielding of extra constitutional power at its height” he said Lakshmanan also points to repeated irregularities in protocol and violation of Constitution during the past 2 months when Jayalalithaa was unwell and hospitalised “The acting Governor of the state has a role to play When the Chief Minister was unwell and unable to discharge her duties the onus lies on the council of ministers Governor should have appointed an interim Chief Minister until Jayalalithaa had recovered and assumed charge But the entire process was controlled by one group or one person – Sasikala Just because the Chief Minister was close to her for over 30 years does it mean that she can take all decisions” he questioned Senior journalist RK Radhakrishnan too agreed “By any definition Sasikala is an extra constitutional authority” he told Firstpost “But she did not become such an authority only after Jayalalithaa died – she was one the day Jayalalithaa assumed office (in 1991) Assembly records will show that she was seated inside the Assembly once though she was not a member – right next to Jayalalithaa” he recalled Radhakrishnan points to more serious issues – what if Sasikala who is not an elected representative of the people is privy to official secrets What kind of a situation would that lead to “Can she hold a secret There is no reason to believe that she will act any differently from the way she acted in these past two and a half decades If anything knowing that the spotlight is on her she might act even better – she might actually be an extra constitutional guardian of the state” he said Questions abound over Sasikala’s role in state affairs and what this will mean to Tamil Nadu in the near future As for the AIADMK leaders and ministers they are biding their time waiting to see who will make the first clarion call against the present leadership New Delhi: Rejecting charges that Congress was supporting radical and anti-national forces party’s Deputy Leader in Lok Sabha Amarinder Singh today claimed that Deputy Chief Minister Sukhbir Singh Badal was trying to shift the blame for his own failures on Congress "We in Congress do not need any lessons on patriotism and nationalism from someone like Sukhbir Badal whose father and Chief Minister Parkash Singh Badal still takes pride in having burnt the copies of the Constitution of India during Khalistan movement" he allegedCongress leader Amarinder Singh AFP Referring to the ‘Sarbat Khalsa’ the religious congregation of the Sikhs held at Amritsar recently Amarinder said the presence of huge number of people there was an expression of "anger" against the Badal government and not to support Khalistan as being projected by Sukhbir Badal and Khalistan protagonist Simranjit Singh Mann together On Sukhbir’s claims that he had proof as to how anti-national resolutions at the ‘Sarbat Khalsa’ were prepared and passed what was he doing as the deputy chief minister and home minister of the state "Does his responsibility finish at blaming the Congress" he asked adding he should better own the moral responsibility and resign Amarinder claimed Sukhbir is only betraying his frustration and "congenital obsession" of blaming Congress for their own wrongs "It is natural for Sukhbir and his father to feel frustrated that when Rahul Gandhi is hailed and welcomed with open arms across Punjab while going on padyatra the Badals cannot even dare to venture out lest people thrash them like their ministers" he alleged in a statement in New Delhi The former Punjab chief minister said the Akalis including Chief Minister Parkash Singh Badal and his deputy Sukhbir Badal were "unnerved" over Congress’ popularity in the state and had now launched a "malicious and slanderous" campaign against the party and its leaders He claimed that there are reports of Akali leaders ministers and legislators being thrashed by people out of anger saying "their (Badals’) frustration is natural" Only Monday he claimed minister Sikander Singh Malukha was "slapped" by an elderly angry farmer in his home town The senior Congress leader pointed out only a week ago Sukhbir said that the "ISI was behind all the trouble" in Punjab "Now all of a sudden he has woken up to revelations that Congress was behind all this" he said taunting the deputy chief minister while making it categorically clear that Congress is a secular and nationalist party which has laid down several sacrifices to safeguard the unity and integrity of the country and will never hesitate in doing it again if the need be "Despite the fact that both Badal and Mann are trying to project the huge turnout of people at ‘Sarbat Khalsa’ as pro-Khalistan it was actually an expression of anger and outrage against Badal government and that is the reason Sukhbir is peeved and frustrated the most and is trying to blame the Congress" he claimed Referring to presence of Congress leaders at the ‘Sarbat Khalsa’ Amarinder said it was a religious and not a political or anti-national congregation as Sukhbir and Simranjit Singh Mann will try to make it out So there was nothing wrong in anyone attending it as a Sikh he said as not only Congress leaders leaders of other political parties were there as well Amarinder said the very fact that Mann was not allowed to speak at the ‘Sarbat Khalsa’ which Sukhbir claims to be an "anti-national show" makes it clear beyond any doubt as what people wanted there "Had it really been a pro-Khalistan congregation and not an anti-Badal show why should a Khalistan proponent like Mann not be allowed to speak there" he asked Amarinder said it was not only the Congress leaders but the leaders of other political parties like the Bahujan Samaj Party and Aam Aadmi Party also attended the congregation The Congress leader alleged the matter of the fact is that it was during the Badal’s government between 1977 and 1979 "that Punjab was pushed into turmoil and terrorism and now it is again under Badal’s government that Punjab is being threatened by the same forces" "Even then they used to blame Congress as they are trying to blame it on us again" he said Congress spokesperson Abhishek Singhvi said the way Akali Dal is behaving and talking it seems they have "lost" "I think they see the writing on the wall clearly They know that there is going to face a massive outright rejection by the electorates of Punjab "Defeat is staring them in the face and that is why these are the outpourings of frustration" Singhvi claimed "The Shiromani Akali Dal (SAD) should not stoop to such a sad level There is rampant drug trafficking in the state complete mis-governance huge corruption and then making such wild allegations they are only trying to mislead people" Singhvi alleged Reacting to SAD’s charge another party spokesperson Ajay Maken said that that the country has suffered a lot because of militancy and asked why will the Congress support militancy "Congress party has always been against militancy We have always been against militancy We have neither supported nor promoted militancy anywhere" Maken said PTI Written by Bhaskar Chakravorti | Published: December 26 2014 12:14 am Output from Iraq already the second-largest producer in OPEC averaged 35 million bpd Related News What’s not to love about Opec There has rarely been a better model of an international body banding together with a mission to stabilise a stubbornly unstable market As steward of 75 per cent of the planet’s crude oil reserves Opec can give the US Federal Reserve the United Nations and Al Gore a run for their money in its power to simultaneously influence the world’s economy its politics and its climate For all its efforts Opec has rarely had much affection directed its way from the rest of the planet in its 54 years of existence Granted few have gone to the extremes of Carlos the Jackal who took it upon himself to kidnap several oil ministers of Opec member countries back in 1975 But the organisation forever remains a prisoner of that pariah of a label: cartel Further Opec’s price-fixing — a must for all cartels — unfortunately contributes disproportionately to inflation and economic downturns worldwide Its stock in trade fossil fuels is blamed for making oceans rise environmental degradation of cities and profoundly distorted weather patterns Its member governments are generally not terribly popular in the international community and mostly not even with their own citizenry Opec’s is indeed a thankless task (Illustration: C Rsasikumar) Despite all its challenges thanks to the extraordinary leadership of the Saudi Arabians Opec recently stood up to the upstart unconventional North American producers scouring shale and tar sands for “tight oil” Opec’s solidarity in not cutting supplies has launched a price war — sheikhs vs shale as The Economist puts it Arcane price benchmarks from West Texas Intermediate to Brent crude plunged — exactly what the Saudis were hoping for to slow US shale production by making it uneconomical Economics professors used to love to use Opec as an example of a solution to one of the enduring problems of game theory — the prisoner’s dilemma In its November meeting in Vienna Opec produced a brand new game-theoretic lesson — keep prices lower than a “break-even price” enough to deter those rascally entrants Indeed the strategy appears to be working in the near term Already new well permits for North American shale oil and gas fell 40 per cent in November By all accounts behind an agreement on this price cut was a painful process of arm-twisting by the Saudis Today it is time for some of us to show a bit of love for Opec for giving us cheap oil This is especially true for the average Indian who must pay 110 per cent of her daily income to purchase a gallon of petrol the second-highest among 61 countries analysed by Bloomberg Opec deserves some love at the very least from Messrs Narendra Modi and Arun Jaitley hoping to pare back fuel subsidies and trimming one of Asia’s largest fiscal deficits Putting aside the grief of American shale upstarts at least US President Barack Obama ought to show some love for Opec Cheap oil should help American consumers and businesses feel richer; Obama badly needs some good news on the home front Internationally collapsing world oil prices will continue to put pressure on his nemesis Vladimir Putin who relies on oil and gas revenues for his swagger and cross-border adventures Indeed all those leaders of liberal Western democracies who fret about autocratic governments ought to be showing some love for Opec The discipline brought about by the Saudis has kept countries such as Iran and Venezuela in check Without sufficient oil revenues they have less wiggle room to cause trouble and may even be forced to consider political reforms someday The Chinese should love Opec too They must like their oil at prices below $70 a barrel given their status as the world’s largest net importer of petroleum and liquid fuels As you can see much of the rest of the world owes Opec some gratitude It has been a tough year for Opec It has had to grit its collective teeth and fix prices — and keep them low rather than where member countries would like to fix them: as high as they possibly can This could not have been easy Will the situation get any better next year Will oil prices be higher or lower than at the end of this year Making predictions about longer-term directions of oil prices is hazardous for three principal reasons One is that Opec has a rather miserable record at coordinating among its members an essential element of the tradecraft of running a respectable cartel Opec has repeatedly failed to respond on a timely basis in the past when prices fell — in the mid-1980s or in 2008 Members have recently had so much on their plates to make them somewhat distracted and less-than-reliable comrades in price-fixing over the long haul Saudi Arabia and Iran are running a proxy war pitting Sunni against Shia Iraq is being devastated by the Isis Libya has been a victim of protests and political instability while Nigeria has to deal with oil theft corruption and terrorism organised by an emboldened Boko Haram No one seems to give a hoot about Venezuela beset by a litany of problems with no charismatic Hugo Chavez at the helm A second reason why it is hard to accurately forecast oil price movements year to year stems from the increasingly wide variations in weather patterns The extremes of climate change make it harder for producers to ratchet production up or down to meet sudden unplanned spikes or troughs in the need for oil Third while Opec and the shale producers may be playing an elaborate chess game around the break-even price it is clear that the shale industry was propelled by an abundance of spunk and innovative spirit The drive to innovate and improve productivity is likely to continue and keep pressure on that break-even number which will keep the rivals on both sides guessing Yes at the end of a dramatic year for Opec it is time for the world community to come together and recognise a unique institution Opec’s solidarity might hold the key to unlocking higher growth rates across the global economy Any agency with a mission to “ensure the stabilisation of oil markets in order to secure an efficient economic and regular supply of petroleum to consumers a steady income to producers and a fair return on capital for those investing in the petroleum industry” is the ultimate in all-round win-win Such high-mindedness ought to be an inspiration to the rest of us In an undisciplined world we must be thankful for the few exceptions that stand firm despite the odds Show your love for Opec Send a holiday card before year-end expressing appreciation for all it has done for the world this year to their cheerless headquarters at Helferstorfer St 17 1010 Vienna Austria The writer is senior associate dean for international business and finance at The Fletcher School Tufts University and founding executive director of Fletcher’s Institute for Business in the Global Context For all the latest Opinion News download Indian Express App More Related NewsWritten by The Indian Express | Published: December 5 2013 1:24 am Related News * This refers to Our helpless women political leaders by Jyoti Malhotra (IEDecember 4) Most of Indias women political leaders (if you include the less famous ones) come from political familiesor from the better-off sections of society They are successful in politics because of the tremendous support they get from their families Because they owe so much to the extant power structuresthey naturally defend them rather than blaze new trails They prefer going with the flow rather than resisting it They are equally responsible for the status quo Satwant Kaur Mahilpur Escapist measures * The lenient sentence awarded to the minor in the December 16 gangrape case had triggered protests throughout the country (Retribution is not justice,Rajasthan: 249/5 in 78 overs (SF Khan 65 batting, Some of the money was also allegedly invested in Kushwaha? launching a veiled attack on what he called "Modia". 2017 8:06 pm England finished their qualification campaign unbeaten with eight wins from 10 games. and not think about only winning and earning a name for himself. and Dhoni couldn’t perform well in any. The Commission also decided to discontinue the demand-based tariff for individual residential premises having connected load above 15 KW. the entire Rs 850 crore is deposited with the ministry of revenue and utilised for non-irrigation projects, ???
Not when you’re Shreyas Iyer in confident and aggressive mood.the actor said he has no plans of getting into daily soaps. download Indian Express App More Related NewsWritten by Express News Service | Ahmedabad | Published: September 14,” Onir said. cooking oil.
Harsh Vardhan said Dikshit only had weak excuses. download Indian Express App More Related NewsWritten by Express News Service | New Delhi | Published: April 5,has called for a comprehensive dialogue between Washington and the SCO. Margarita Simonyan, “Peep Show”.