Articles and analysis

by Ariel Cohen, Ph.D.

Steadily and stealthily, a natural gas cartel has emerged over the last seven years. On October 21 in Tehran, the Gas Exporting Countries' Forum (GECF) agreed to form a cartel. Russia, Iran, and Qatar announced that they intend to form a yet-unnamed group to "coordinate gas policy." The Group of Three (the "troika") will meet quarterly to coordinate and exercise control over close to two-thirds of the world's gas reserves and a quarter of all gas production. To compare, the Organization of Petroleum Exporting Countries (OPEC) controls more than three-quarters of the world's oil reserves but only 40 percent of global production.

Read more...

by Will Tyson-Banks

Today Clarence House released a press statement that Prince Harry has started an Army selection process to determine whether he can start the full Army Air Corps programme to become a helicopter pilot.

On hearing this news, I was left pondering one thing...why?

Read more...

It's fairly unusual for the MoD to "fess up" that it's dropped one. However, it's recently come clean about contingent liabilities for costs associated with the sale of Defence Aviation Repair Agency's rotary wing and components business units to Vector Aerospace International. However the George Washington impression has been tarnished a little as the information entering the public domain by laying an unnumbered Command Paper before the House of Commons. Such things aren't always easy to get one's hands on, but Defence Viewpoints has in this case. The full text is:

It is normal practice when a Government Department proposes to undertake a contingent liability in excess of £250,000 for which there is no specific statutory authority, for the Department concerned to present to Parliament a Minute giving particulars of the liability created and explaining the circumstances; and to refrain from incurring the liability until fourteen Parliamentary sitting days after the Issue of the Minute, except in cases of special urgency.

Read more...

More Articles...