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OPEC decided to reduce oil production

Ministers of member countries of OPEC at a meeting in Vienna, which ended on the night of 10 September, decided to more strictly adhere to previously established quotas for oil production, which would mean reducing the real level of its production by about 500 000 barrels per day.

The decision to change OPEC production was a surprise: Against this backdrop futures price of oil on the New York Mercantile Exchange on Wednesday took off at 1.4% - up to 104.67 dollars per barrel, the agency Bloomberg. Before the session of OPEC prices, in contrast, declined.

The countries-members of the organization, referring to the excess of supply over demand of oil on the world market, decided to strictly adhere to the level of mining in 28.8 million barrels per day, said the communiqu adopted. It is at 520 000 below the real production and corresponds to the July 1% of total world production of raw materials.

The new quota takes into account the suspension of membership in OPEC Indonesia, the share which stood at 865 000 barrels per day. Entering the new quotas will happen within 40 days.

Iran and Venezuela expressed at the meeting to take action to support prices, which fell on July compared with a record level of more than 30%. In their view, there is oversupply in the market. This time, their position is, apparently, found support from other countries, including the largest oil producer - Saudi Arabia, reported Interfax.

"Everything that is happening shear said sentiment on the market, posing a risk of deterioration in the forecast for world oil market," - OPEC statement said.

Demand for oil fell substantially this year in the U.S. and Europe. There are also signs of slowing demand growth in China.

The Wall Street Journal writes that all members of organizations believe and intend to maintain an acceptable level of prices around 100 dollars per barrel.

OPEC announcement was a surprise to many because in anticipation of the ministerial meeting of the majority of producer countries, especially representatives of Saudi Arabia, described the world oil market as "balanced" and "healthy".

However, the OPEC president said Shakib Helen on September 10 that world oil prices, despite the decision to reduce production organization can continue to decline. "There is overproduction, and all agree with that," - he said.

The share of countries belonging to the organization, accounts for about 40% of world oil supplies.

In recent months, OPEC increased production, much of this growth went to Saudi Arabia, which in June and July, raised production by 500 thousand barrels a day.

Opec Oil Production

Analyst from the U.S. stated that Russia "excellent" held an information operation, put Georgia as an aggressor

American experts continue to speculate on the role of Russia in the conflict in the Caucasus. In particular, a prominent analyst and a political-military expert Frederick Kagan said in the report of the U.S. Congress that during the fighting around South Ossetia, Russia has managed to "excellent" to conduct an information operation that put Georgia as the aggressor in this conflict and accuse her of war crimes . Supported Georgia has accused Russia analyst at deception.

"Wonderfully prepared and conducted by the Russian information operations campaign was an attempt to activate the actions of Georgia as an unprovoked aggression and accuse Georgia of" genocide and war crimes, "- the report says Kagan presented to them on Tuesday at a hearing in the U.S. Congress.

Keygan is a sharp critic of action in Georgia and Russia in his speech to U.S. lawmakers told them that law enforcement actions the Russian side in this conflict have had a massive promotional information support.

-- U.S. Congressman calls on Russia to cease harassment

"It was generally just amazing to witness" "information operations campaign, which waged a Russian, trying to convince the world that 19 thousand Georgian soldiers represented a threat to the very existence of the Russian empire," - he said.

The American analyst said that throughout the armed conflict, he was immersed in studying the Russian press, public statements by Russian officials in the press, as well as statements by officials of South Ossetia, Abkhazia and Georgia.

"I saw in the fact that the Russian exercise very massive media operation that puts to conceal what really happens" - said the expert.

Kagan works in the Washington conservative American Enterprise Institute and known, in particular, that is the developer plan to change tactics and increase the number of U.S. troops in Iraq, which is being implemented now, U.S. President George W. Bush.

Meanwhile, chairman of subcommittee on foreign organizations to the House of Representatives of the U.S. Congress-Democrat Congressman Bill Delahant said that one-sided information about the situation around South Ossetia, which receive the Americans, including congressmen, leads to the fact that the U.S. engaged in constant attacks on Russia.

"Here there is imbalanced perspective, and for me it sounds like harassment of Russia (Russia bashing)", - Congressman said, according to which "the American people and members of the U.S. Congress do not receive fair and balanced picture".

Recalling that in the U.S. all the time called Russia an aggressor, Delahant expressed surprise at the fact that, for the actions of the Georgian side is "looking as a desire simply wished away line that they made a mistake, that it was a tactical error by brute Georgia ".

U.S. Congressman called on to represent Russia to stop the aggressor: the Georgians entered the YUO

Unilateral information on the situation around South Ossetia, which receive the Americans, leads to the fact that the U.S. engaged in constant attacks on Russia, but "the American people and U.S. members of Congress do not receive fair and balanced picture," said subcommittee chairman on foreign organizations Congress U.S. House of Representatives Congressman-Democrat Bill Delahant.

Speaking Tuesday at a hearing in Congress on the situation in Georgia, Delahant reported that lawmakers provided information about what's happening around South Ossetia "a lot of black and white description" and that Georgia and its President Mikhail Saakashvili served only in a positive light.

"We hear here today and read in newspapers that democracy is flourishing in Georgia, but in our own report on human rights in Georgia have (information) that the record power Saakashvili is not very positive - there occurred suppression of the opposition, were the closure of media, and let us not think that we were here only because it is a small country, which has a democratic impulse, "- cites words Congressman.

Recalling that in the U.S. all the time called Russia an aggressor, Delahant said that this was composed of Georgians in South Ossetia, and expressed surprise that the act applied to the Georgian side is "looking as a desire simply wished away line that they made a mistake that it was a tactical error by brute Georgia. " "At the same time, reports from South Ossetia, you read that people have been killed and corpses that are not clear, because the fear was that if civilians come into the street, Georgian soldiers kill them," - said the head subcommittee.

In his view, Washington should reply to the question of who is in this situation, Georgian President Mikhail Saakashvili. "Saakashvili is the killer? Was he a murderer during the elections, when it closed television stations and a police officer when sending special forces? Who is Saakashvili? We know that he has very good links in Washington, we know that Georgia is very effective lobbyists , Mr. Shunemann "- said Delahant, bearing in mind Randy Shunemanna - a senior foreign policy adviser to Republican presidential candidate U.S. Senator John McCain, who until the spring of this year was the official lobbyists interests of the Georgian government in the United States.

According to Delahanta, the administration of George W. Bush warned Georgia that it shall not enter into military conflict in South Ossetia, but the Georgian leadership to Washington's call not heeded. "And for that we are going to reward their cheque for $ 1 billion? - Asked Congressman-Democrat. - I do not want to issue a cheque for one billion dollars meant to whom, it seems to me, there are serious questions about his judgement. Are we be allies of who, no doubt, this administration has ignored that it is supported? "

Day one of the Georgia-South Ossetia military conflict

Stradivarius Cello, owned by his sister, writer Ian Fleming, will go under the hammer

Cello, created the famous craftsman Antonio Stradivari some 300 years ago, will be sold at auction Tarisio in New York in October. The tool that belonged to his sister author of the novels agent 007 Ian Fleming cellist Amarillis Fleming, insured for the amount of 1.4 million pounds or 2.8 million dollars, transmits The Times.

Musical creation is one of 60 cello, created by the great master. The experts call it one of the best instruments Stradivari. It is expected that the upcoming auction unique lot put unprecedented record so far.

Currently, cello most expensive ever sold at auction is also considered to Stradivari creation - a tool called Bonjour. He was sold for 1.3 million dollars at Christie's auction in 1999. For the first time so precious to be sold via Internet auction. Admission rates while starting on 1 October.

Among the most famous owners cello, placed on the New York auction was sister of writer Ian Fleming famous British cellist Amarillis Fleming, having received it as a gift from her beloved Paul Rozenbauma in 1962.

"Hardly any of the individual musicians will be able to purchase this cello. But we hope that becomes a tool or any other investment group or someone from wealthy sponsors to invest in the development of talented musicians," - said auction house representative Jason Price .

It is known that profits from the sale will be directed cello at the Royal Academy of Music.