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Qatar Withdraws From OPEC

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Qatar Withdraws From OPEC

Qatar is pulling out of the Organization of Petroleum Exporting Countries, OPEC, in January after sixty years as a member.

The country’s energy minister said at a news conference he decision to quit the cartel was communicated to OPEC on Monday.

In June last year, a political and economic boycott of Qatar was imposed by Arab states of Saudi Arabia, Bahrain and Egypt over allegations it supports terrorism.  Doha has denied the charges, and says its exit from OPEC is not related to the actions by the three Arab states.

Qatar is the world’s largest exporter of Liquefied Natural Gas, even though it is one of the cartel’s smallest oil producers.  Al kaabi says his country had studied how it could enhance its role internationally and had decided to increase its liquefied natural gas production from 77 million to 110 million tonnes per year.

Qatar would still attend the OPEC meeting in Vienna that starts on Thursday and will set oil policy for next year.

One analyst says this is not good news for the oil market.  He also says it won’t be surprising if more countries follow suit.

Qatar pumps six hundred thousand barrels per day, while Saudi Arabia pumps eleven million.

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Time Magazine Names Jamal Khashoggi, Other Journalists As “Person Of The Year”

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Time Magazine Names Jamal Khashoggi, Other Journalists As "Person Of The Year"

This year’s time magazine “Person Of The Year” has been bestowed on a group of journalists that includes murdered Saudi writer, Jamal Khashoggi and two Reuters reporters imprisoned by Myanmar’s government.  The magazine says it named the group of journalists as “person of the year” because the idea of truth as critical to democracy is under assault.

Also honored is the founder of a Philippines news website that has been vocal in criticizing that country’s authoritarian government. A Maryland, USA, newspaper is also among the honored.

This is the first time in its ninety-five year history that time magazine has honored people in its own profession.

The annual distinction is intended to recognize the person, group or idea that had the greatest influence on world events that year. It has been given to a wide range of influencers, from u.s. Civil rights activist Martin Luther King Jr. And Queen Elizabeth to Adolf Hitler, the leader of Nazi Germany, who was honored before the start of world war two.

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Syrian Government Using Anti-terrorism Law To Seize Properties From Dissidents

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Syrian Government Using Anti-terrorism Law To Seize Properties From Dissidents

Rights groups and some of the affected Syrian people say the government has been using a little-known anti-terrorism law to seize property from dissidents and their families as it takes back control of areas that were held by rebel groups.

Now that Syria’s conflict has stabilized, and president Bashar al-Assad again controls the biggest cities, it is left to be seen how he will handle the areas where the 2011 uprising against him flared.

International attention has focused on policies, such as legislation known as law 10, that could eventually enable the government to dispossess people in the opposition strongholds worst damaged in the war.

But human rights groups say, while law 10 has not yet been put into effect, the separate anti-terrorism law has already been used to seize property, including from people who had no hand in violence.

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Theresa May Faces Confidence Vote

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Theresa May Faces Confidence Vote

British prime minister, Theresa May faces a confidence vote in her leadership by MPs in her own conservative party, after chaos began to roil her European union exit deal.

So much now plagues the deal that has opened up the prospect of a messy no-deal Brexit or a referendum that could reverse Brexit.  Britain is due to exit on March the twenty-ninth next year.

Graham Brady, the chairman of the party’s so-called 1922 committee, said the threshold of 15 percent of the parliamentary conservative party seeking a confidence vote had been reached.  A vote will be taken at the house of Commons later this evening.

May could lose her position as prime minister if a hundred fifty-eight of her three hundred fifteen MPs vote against her, but a mutiny could also help sustain her through the crisis.

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