LONDON, Nov 29 (Reuters) – OPEC and its allies, led by Russia, have yet to reach consensus on oil production policy for 2021, following an initial round of talks on Sunday and ahead of the decisive meetings of the Monday and Tuesday, four OPEC + sources told Reuters.
OPEC +, a grouping made up of members of the Organization of the Petroleum Exporting Countries (OPEC), plus Russia and others, planned to moderate production cuts starting in January 2021, but a second wave of coronavirus has reduced the demand for fuel around the world.
OPEC + is now considering extending existing cuts of 7.7 million barrels per day, or around 8% of global demand, in the first months of 2021, according to sources.
Preliminary consultations on Sunday among top ministers, including OPEC leader Saudi Arabia and Russia, have not reached a consensus on the length of the extension.
Sources have said talks were now focused on extending the cuts from three to four months, or a gradual increase in production. Ideas for deeper cuts or a six-month renewal were much less likely, according to sources.
“There is no consensus yet,” said one of the four sources.
A second source said: “There are many different ideas on the table (…) also a gradual increase (of production).”
The main meeting was expected to start at 1300 GMT on Monday.
Reporting by Rania El Gamal in Dubai, Alex Lawler and Ahmad Ghaddar in London and Olesya Astakhova and Vladimir Soldatkin in Moscow; Edited in Spanish by Javier López de Lérida
Since the signing of the Ankara Agreement in 1963, Turkey It was one of the closest partners of the then European Economic Community. With the signing of the agreement for a Customs Union in 1995 and its consideration as a suitable candidate for accession, it seemed that relations between the Eurasian country and the Union were at their best. Following the rise to power of President Tayyip Erdogan, relations between the Union and Turkey have been deteriorating, until reaching the current situation.
The government of Erdogan, aware of the geostrategic situation in Turkey, has tightened the rope on more than one occasion to exercise pressure on its European neighbors. Its privileged geographical position, bordering on Iran and Iraq and being the country that moves the Syrian war away from the borders of the Union, makes it a main actor to solve important geostrategic challenges. This role has come to interfere in the EU’s own policies, since most of the refugees from the Syrian war who have entered Europe have entered through Turkey and – on many occasions – with the consent of the authorities (causing one of the biggest humanitarian crises in decades).
Likewise, since gas was discovered in 2013 in the Eastern Mediterranean, conflicts over the delimitation of territorial waters between Greece, Cyprus and Turkey have been increasing. The Cypriot government, following Turkish explorations, has requested on more than one occasion the imposition of sanctions on Turkey. The drilling in the seabed would not only have caused seismic movements in parts of Greece and Cyprus, but also would have violated – according to these countries – their territorial sovereignty. Despite the lack of a common front within the European Union regarding sanctions against Turkey, The Union has already imposed sanctions against Turkish citizens related to the Government, as well as against companies involved in oil exploration and those who support them.
In addition to tightening the rope with the EU, Turkey also has diplomatic disagreements with the United States. Since the outbreak of the Syrian conflict, the intersection of accusations and the clash between the two powers has increased, at first they were the accusations of the then vice president, Joe Biden, on the possible financing that the Turkish Government was providing to Al-Nusra (one of the local affiliates of Al-Qaeda), the support of the American troops to the Kurdish militias or the increasing rapprochement between the Turkish Government and Russia from Vladimir Putin. The constant friction has led the Erdogan government to also consider Turkey’s possible exit from NATO, which would mean the definitive break with the West.
From the Black Sea to the Mediterranean: Turkey’s energy future is decided under the waves
Asli Aydıntaşbaş. Estambul
The discovery of a large reserve of gas under the sea could benefit Ankara, but will not ease the tensions between Turkey and Europe in the eastern Mediterranean
At the height of this dispute, the statements of the President of France, Emmanuel Macron, about Islam, caused a new clash between Tayyip Erdogan and the European Union. The Turkish president questioned the mental health of the French leader and called on other Muslim countries to boycott French products as a gesture of protest.
All these acts have been rejected by the European Union, which has been verified through the High Representative for Foreign Policy, Josep Borrell who has expressed, together with Parliament and the Commission, their rejection of both President Erdogan’s personal attacks and the boycott of French products, which is contrary to the tariff agreements in force between Turkey and the Union. In addition, the turbulent situation in Cyprus has also led to the imposition of economic sanctions by the Union as well as to rethink the commercial relationship that gives a status singular and preferential to Turkey.
Erdogan’s insults to Macron: gasoline for the bonfire of EU-Turkey relations
Nacho Alarcón. Brussels
Several European leaders have shown their support for President Macron after the Turkish leader questioned his “mental health” in the context of tensions after the assassination of Samuel Paty
As is always the case when international sanctions turn out to be the tool of choice, the main losers are foreign companies who have made investments and are already present in the market. As for Spanish companies, Turkey has become one of its preferred investment destinations having increased investments from 2012 to 2019 between 3 and 4% per year. In addition to Spanish investment, commercial relations are intense given that Turkey is one of the main destinations for Spanish exports of automobiles and other metallurgical resources, while Turkey -for its part- exports a large quantity of textile products to Spain.
The risks posed by diplomatic tension and instability impairs trade relations with Turkey. In particular, the legal certainty on which the foreign investments already established and that bet on the Ottoman country as a developing market and regional ‘hub’ rest (as it enjoys a privileged position as a gateway to the markets of its surroundings). Proof of your promotion and ambition from the local authorities of consolidate Istanbul as ub financial and commercial of the region is the Istanbul Financial Center project, which aims to turn Istanbul into a center for business by 2022.
However, the Turkish government does not seem to be concerned about the increase in tension and is sparing no effort in clashing head-on with its European allies and the United States. It would seem that Erdogan’s dream of asserting Turkish influence over the region passes – with the support of Russia – through feel comfortable on the target.
* José María Viñals Camallonga. Socio en Squire Patton Boggs.
Turkey, as part of its interference in northern Iraq, bombed various PKK centers in the Iraqi province of Erbil this Saturday.
Turkish warplanes have launched airstrikes against Kurdistan Workers’ Party (PKK) targets in the Brados area, in the Sidekan region of Erbil province, southern Iraqi Kurdistan semi-autonomous region.
Turkey and the PKK have been waging a bloody war for more than 40 years that has left large numbers of deaths on both sides.
The shelling has reportedly caused damage to natural pastures and forest fires in the region. At the moment, local media have not reported fatalities.
In recent years, Turkey has carried out various ground military incursions into the Iraqi border strip with Erbil province, in addition to its frequent aerial bombardments throughout the area.
Last June, Ankara launched a military operation called “Tiger Claw in northern Iraq against suspected PKK targets. This operation is currently ongoing despite the fact that Iraqi officials have repeatedly condemned the attacks, calling them occupation.
The Iraqi government has demanded an end to these bombings and demanded cooperation to guarantee security on its border with Turkey, where tension remains high due to the presence of Kurdish guerrillas who are also persecuted by Ankara in neighboring nations.
Baghdad has also demanded that the United Nations Security Council (UNSC) adopt urgent measures to stop the attacks of its neighbor Turkey, a country that went from a foreign policy based on the premise of “zero problems with neighbors” to one consisting of there is no neighbor with whom he has no problems.
The British Prime Minister, Boris Johnson, and the president of the European Commission (EC), Ursula von der Leyen, they agreed ‘Redouble efforts’ towards a post-Brexit deal in a telephone conversation held this Saturday, a British government spokesman said.
The source noted that during the call, planned to Taking stock of the negotiationsJohnson noted that, while progress has been made, “significant differences persist in several areas” of common concern, including competition and fisheries.
The two leaders agreed that their respective teams will continue negotiations next Monday in London in order to “Redouble efforts to reach an agreement”, which would enter into force at the end, on December 31, of the post-Brexit transition period, which was formally executed on January 31.
For their part, Johnson and Von der Leyen “will remain in contact,” the spokesman said. If they fail to negotiate a bilateral pact, as of January 1, 2021, the United Kingdom and the European Union (EU) will start trading based on the generic, less beneficial regulations of the World Trade Organization (WTO).
In these last American electionss Meghan Markle has been encouraged to vote in its public comments. ‘Page Six’ has been confirmed by sources close to the Sussex that the Duchess voted days before by post, and they go further by adding that she would also have exercised her right as an American citizen if she continued to live in the United Kingdom.
BlizzConline will be the event to learn more about Overwatch 2, Diablo 4, and other games.
Blizzard It has been holding a face-to-face event for 15 years where it announces news for its video games, and where fans can meet to participate in all kinds of activities related to their favorite titles. As we already knew, the 2020 pandemic has caused this BlizzCon to become “BlizzConline“an exclusively digital edition destined to maintain tradition from a safer perspective. And with this new format, they also arrive monetization changes.
In a video reviewing Blizzard-related news, products and services, President J. Allen Brack announces that BlizzConline, dated to February 19 and 20, will be free for all viewers. This is, in part, a first for the event: although the opening ceremony has always been free to watch, the rest of the tournaments, contests and collectibles were part of a virtual ticket of 40 dollars / euros.
In spite of everything, a good part of the activities which WoW parents are accustomed to, including competitions, cosplay contests or the fun march of the murlocs, where fans interpret these tribal fish with greater or lesser visual fidelity. Of course, we will also have ads.
In this edition, we will have to closely track Overwatch 2 Y Diablo IV, among other novelties. The former will add campaign heroes and PvE content to Blizzard’s cooperative shooter, while the latter will take a more sinister and traditional approach to the loot progression-based RPG series. Neither has a release date for now.
Charles II of England had a hectic life. A woman he married in two separate ceremonies, no legitimate children, but a minimum of 12 with his lovers, a beheaded father, and himself spending nine years in exile before taking the thrones of England, Scotland and Ireland after the Cromwell’s death. He spent three of his years in exile in the Flemish city of Bruges and, grateful for their hospitality, in 1666 he awarded them the Privilegie der Visscherie, the privilege of fishermen who gave 50 boats from that city rights …
Royal families do not usually have few members, so Meghan Markle and the prince harry They could be gearing up for the announcement of the arrival of a new royal baby.
According to British media reports, the Duchess of Sussex; who won a motion to delay the court battle with the British tabloid for a “confidential” reason, is pregnant and will confirm soon.
According to the report, the judge Mark Warby granted the delay after Meghan’s team gave a “confidential reason” for doing so.
With information from El Farandi
Shortly after the judge’s comments, royal fans began speculating about Meghan Markle’s pregnancy; as he won the bid for a confidential reason that was shared by his legal team in court.
Meghan Markle and Prince Harry became parents to their first child Archie Harrison in May 2019. It has never been confirmed whether the couple will attempt to have children again. But nevertheless; The former ‘Suits’ star is speculated to be pregnant and will confirm soon.
The tabloid, citing a source, stated: “It seems certain that the Duke and Duchess of Sussex will join your family.”
Meghan would surely be delighted when she emerged victorious in her bid to have a privacy action against a tabloid newspaper postponed for about nine months until next fall.
The trial was to begin in London in January 2021.
Prince Harry’s wife is suing Associated Newspapers by articles in the Mail on Sunday which included parts of a handwritten letter he had sent to his father, Thomas Markle, in August 2018. “My conclusion is that the correct decision in all circumstances is to grant the request”, said the judge. “That means that the test date of January 11, 2021 will become vacant and the test will be rescheduled for a new date in the fall.”
It will soon be a year since Prince Harry and Meghan Markle left for the United States never to return. They announced it on January 18 after spending more than a month on vacation in Los Angeles, where they spent Christmas with Meghan’s mother instead of with the Royal Family, as had been tradition.
Of course, before formally abandoning their life as royals, the Sussexes returned to the UK in March to say goodbye and finalize the deals for their long-awaited freedom, which was finally granted by Queen Elizabeth II in April. And since then, they have never seen each other again in person.
That is why all the British people were anxious to know how the next Christmas would go when Harry and Meghan had to return yes or yes to England. Although not for pleasure, but because on January 11 the trial that the dukes are holding against Associated Newspaper, which owns several tabloids, is scheduled to be held in London, which they accuse of publishing false information about them.
A legal battle that demands that the couple be present in the courtroom, something that in order to comply with it forces them to travel to England two weeks before the date of the trial to keep the corresponding quarantine that the British government requires of those who enter the country from United States.
But according to what has just been learned, finally that Christmas return could not take place. Well, the judge in charge of the case accepted the formal request that Harry and Meghan’s lawyers have sent to delay this meeting in court for several months.
From ex-Blizzard they have announced the founding of Frost Giant Studios in Orange County, California.
Tim Morten, CEO of the company, was the chief producer of Starcraft 2: Legacy of the Void and has worked for the last six years in the company, although he has gone through numerous studies and has been involved in sagas such as Command & Conquer.
Tim Campbell, meanwhile, was the lead designer for the Warcraft 3: The Frozen Throne campaign and has since been involved in numerous projects, most recently Wasteland 3 as director.
The first round of financing has closed with 4.7 million dollars raised by various investors, including Riot Games.
The company’s first game will be an RTS (real-time strategy game) and its goal is for it to be the next great game in the genre.