Friday, February 24, 2017

AMUSE TETE



Kim Jong Nam poisoned:

                The elder brother of  Kim Jong Un ,the "Great Leader" of North Korea--think The Donald in a tunic--has been murdered in Kuala Lumpur.

  The "Great Leader"  tweeted  " this repudiates the Bigest lie of Yanki Imoerialist  Propaganda, that the Peoples Republic of Korea  is a Big Brother State."   and  "I won 98% of the vote at last election--Three times  Trumpf's share--and the PRK is the best at Maths too!"

                                           Kim Applauds Trumpf Electoral Triumph


Swedish official proposes "workers shag break":

Per-Erik Muskos a  councilman from  Overtornea, northern Sweden wants  the municipality’s 550 employees to have a new perk to improve their work-life balance. He has proposed giving municipal employees an hour long paid break each week to go home and have sex.  https://boingboing.net/2017/02/24/swedish-town-official-proposes.html

 “sex is a great form of exercise and has documented positive effects on well-being,”employees could use an hour of the workweek already allotted for fitness activities to go home and have sex with their spouses or partners instead."I believe that sex is often in short supply. Everyday life is stressful and the children are at home,”

Given the commuting time to/from home and the municipal offices, the current proposal of a one hour break once a week with spouse or partner  seems a bit parsimonious.Especially for older employees.

An amendment to the proposal to allow for two hours twice a week for sex with someone else's spouse  or partner seems to have majority support.The local employee union is pushing to double this allocation in cases where the coupling is between two--or more--municipal employees.

HR has  been  mandated to look into the health and safety aspects of the  using the tables in the members' chamber.

  Trumpf tweeted:'Greeeat Idea,delighted Swedes followed my advice after terrible events of last week" I am having Ivanka  organise an executive order to be drafted immediately to make this benefit available to all Federal Employees"  "this could become a States's Rights issue" It could also become part of his planned improvement to Obamacare.

 It is thought that this system already exists in Pyongyang but that it is a state secret.











Wednesday, February 8, 2017

Well that Worked Well--OPEC PRODUCTION CUTS




  NYTimes  :OPEC Reaches Deal to Limit Production, Sending Prices Soaring                                                                  By and 2016

                                        https://www.nytimes.com/2016/11/30/business/international/opec-energy-oil-saudi-iran.html

OPEC confounded its doubters and sent crude oil prices soaring by agreeing to its first production cuts in eight years.      Bloomberg ‎November‎ ‎30‎, ‎2016‎                                                                                                   https://www.bloomberg.com/news/articles/2016-11-30/opec-said-to-agree-oil-production-cuts-as-saudis-soften-on-iran

                            OPEC, Russia Agree On Method To Monitor Oil Production Cuts 
Saudi Arabian Energy Minister Khalid al-Falih said on January 22 that producers had already cut supply by 1.5 million barrels a day -- more than 80 percent of the total target.
Russian Energy Minister Aleksandr Novak was equally jubilant.
"The deal is a success," he said. "All countries are sticking to the deal ... results are above expectations."

                            Multiple Articles much Jubilation and Sage Punditry Followed.


November 30 2016  Price of WTI  $49/bbl         Brent  $51.6/bbl

January 22  2107                              $53.2/bbl                  $55.3/bbl

This morning at 9 am                         $51.22                       $53.2

Change Since  OPEC Agreement     + 4.4%                      +$4.4%

Change Since OPEC/RUSSIA 
AGREEMENT                                    -3.8 %                      -  3.9%      

                                            
                                                         Well that Worked Well   

                                                      WTI  back under $50/bbl by mid March ?