The F-22 was slated to replace the F-15A/B/C/D Eagles as the premier air-superiority fighter. But the Raptor’s production was halted at 187 airframes. Let’s go through a tale of the tape on these planes, before we see what happens when five Eagles jump a Raptor.
According to Joe Baugher, the F-15 has a top speed of Mach 2.5, a cruising speed of 570 knots, can carry eight air-to-air missiles (usually four AIM-120/AIM-7 and four AIM-9), and has a 20mm M61 cannon with 940 rounds. It has a range of 3,450 miles.
Baugher notes that the F-22 has a top speed of Mach 2.2 slightly slower than the F-15. But the F-22 cruises at Mach 1.6. It carries four AIM-120 and four AIM-9 missiles. It also has a 20mm M61 cannon. It has a combat radius of up to 800 nautical miles.
Here’s the video showing how the five Eagles fared against the Raptor. Warning: This was not a fair fight.
Iran-Contra has all the makings of the perfect movie. It has great characters, intrigue, high stakes and a man at the top that half the moviegoing audience will want to protect and the other half will want to take down as fast as possible – just like in real life.
The scandal, in fact, would make such a good movie that Hollywood really did attempt to shop around a script based on the official rights to the events and people surrounding it. Only it wasn’t a real production studio, it was a front funded by the CIA that snatched the rights to it – right from the hands of Hollywood legend Marlon Brando.
It has not seen the light of day since.
For anyone unfamiliar or too young to remember the Iran-Contra scandal, it was a complex series of clandestine operations designed to further the foreign policy goals of the Reagan administration even though it was expressly forbidden by federal law.
Although the U.S. was making a full-court press to prevent other countries from selling arms to Iran while it was in a full-scale war with neighboring Iraq, American agencies secretly began selling weapons to the Islamic Republic through Israeli agents. The sale of the arms was also supposed to facilitate the release of American hostages being held by Iranian-backed militias in Lebanon.
Later, the surplus funds raised by the arms sales were used to fund the Contras, a rebel group in Nicaragua focused on ousting the socialist-leaning Sandinista government there. The whole scheme is controversial for many reasons, the first being that both major operations were totally illegal. It was illegal to sell arms to Iran and illegal to fund the Contras.
An argument could be made for its legality because the U.S. wasn’t directly selling the arms, they were just replacing the arms sold by Israel and Congress would eventually allow for funding the Contras anyway. But a massive cover-up was launched, with documents shredded and investigators given misleading information.
There was talk of impeaching President Reagan. How much Reagan actually knew about the operation and when he knew it is a subject for historical debate. Many people have commented or mentioned what he knew, but Reagan always denied knowing about it. By the time it came for him to be deposed by a court official, his mind had begun to slip and he couldn’t remember basic things about his presidency.
The public’s attention was focused on a wide variety of interesting characters, whose reactions all read like a reality show. Reagan’s Chief of Staff tried to pin the blame on former National Security Advisor Bud McFarlane. McFarlane attempted suicide, only to get personal salvation from none other than President Richard Nixon.
After recovering, McFarlane cooperated with the Office of Independent Counsel, Lawrence Walsh, who unraveled the entire story. But no character was more compelling than that of Marine Corps Lt. Col. Oliver North. North not only set up both operations for the National Security Council, but also admitted to it before Congress.
In the ultimate display of personal integrity, North admitted to the illegal operations and the attempt to cover it up for his ranking office holders. He believed that selling arms for American hostages and then fighting communism in the western hemisphere was the right thing to do, whether the law said it was or not. He even turned the tables on Congress during his hearings.
“One thing is, I think, for certain: that you will not investigate yourselves in this matter,” said North in his opening statement to Congress. “You are not likely to conclude by commending the President of the United States, who tried valiantly to recover our citizens and achieve an opening with strategically vital Iran.”
You can see why we would want to watch this movie. But the movie will never see the light of day. A Marlon Brando film wherein the United States sells arms to Iran in an Iran-Contra-style way, was put up for bidding in Hollywood.
In the wake of the scandal in the 1980s, a former CIA officer who was friends with Brando tried to secure the rights to the story of a cargo handler who was shot down in Central America. But Brando was repeatedly outbid by another production company.
James Bond has fallen and it looks like his final mission has been put on hold. But for how long?
On May 14, 2019,Variety reported that 007 actor Daniel Craig reportedly “slipped and fell quite awkwardly,” which resulted in a twisted ankle and led to him being “flown to the U.S. for X-rays.” This report comes from unnamed sources at The Sun, meaning, for now, the top-secret allies of James Bond (or anyone from EON productions) have not confirmed this is real.
According to the report, Craig was filming the final scenes of the new film in Jamaica, and subsequent scenes, thought to be shot at Pinewood Studios in London have been suspended. Should Bond fans worry? Will the movie ever be completed?
In all likelihood, Daniel Craig will bounce back and the movie will still come out on time. After all, Harrison Ford broke his leg in 2014, and The Force Awakens still came out on time in 2015. We’re not saying who is tougher — Daniel Craig or Harrison Ford — but if Han Solo can deal with a broken leg, then James Bond can get over a twisted ankle.
That said, here’s hoping Craig makes a swift recovery, if only so he can get back to his dad duties as well as his secret agent work, too.
Bond 25 doesn’t have a title yet is and is scheduled to be out sometime in February 2020.
This article originally appeared on Fatherly. Follow @FatherlyHQ on Twitter.
A new national poll shows a huge majority of Americans have confidence in the U.S. military, with that institution topping the list of several government agencies and businesses that have made headlines recently.
The new Fox News poll conducted in mid-February showed 96 percent of those surveyed had “a great deal” or “some” confidence in the U.S. military, with the Supreme Court following close behind at 83 percent and the FBI earning an 80 percent confidence rating.
Surprisingly, a majority of Americans have confidence in the IRS, with 41 percent saying they have some confidence in the taxman and 14 percent having great confidence. Potentially unsurprisingly, the news media came in last, with 44 percent saying that had any confidence in the Fourth Estate.
The Fox poll was conducted Feb. 11-13 among 1,013 registered voters — 42 percent Democrat, 39 percent Republican and 19 percent Independent.
More than 15 years of war and deployments hasn’t contributed to much of a shift in America’s trust of the military, with confidence ratings hovering around 95 percent since about 2002, the Fox poll shows. But according to the poll more Americans feel the military is less strong than it once was, with 41 percent saying the services have gotten weaker during the eight years of the Obama administration.
A similar question in 2014 found 32 percent of Americans believed the military was “less effective” than it had been in 2008.
While the military has largely pulled out of Iraq and has a fraction of the troops it once had in Afghanistan, most Americans feel the services are stretched too thin, with 58 percent saying they’re overcommitted. And 45 percent of those surveyed agree that the military needs a budget boost, buttressing President Donald Trump’s reported call for a $54 billion defense spending increase.
U.S. Special Operations Command is making progress researching, developing and testing a next-generation Iron Man-like suit designed to increase strength and protection and help keep valuable operators alive when they kick down doors and engage in combat, officials said.
The project, formally called Tactical Light Operator Suit, or TALOS, is aimed at providing special operators, such as Navy SEALs and Special Forces, with enhanced mobility and protection technologies, a Special Operations Command, or SOCOM, statement said.
“The ultimate purpose of the TALOS project is to produce a prototype in 2018. That prototype will then be evaluated for operational impact,” Lt. Cmdr. Matt Allen, SOCOM spokesman, told Scout Warrior.
Industry teams have been making steady progress on the technologies since the effort was expanded in 2013 by Adm. William McCraven, former head of SOCOM.
“I’m very committed to this because I would like that last operator we lost to be the last operator we ever lose,” McCraven said in 2013.
Defense industry, academic and entrepreneurial participants are currently progressing with the multi-faceted effort.
The technologies currently being developed include body suit-type exoskeletons, strength and power-increasing systems and additional protection. A SOCOM statement said some of the potential technologies planned for TALOS research and development include advanced armor, command and control computers, power generators, and enhanced mobility exoskeletons.
Also, scientists at the Massachusetts Institute of Technology are developing a next-generation kind of armor called “liquid body armor.”
It “transforms from liquid to solid in milliseconds when a magnetic field or electrical current is applied,” the Army website said.
TALOS will have a physiological subsystem that lies against the skin that is embedded with sensors to monitor core body temperature, skin temperature, heart rate, body position and hydration levels, an Army statement also said.
“The idea is to help maintain the survivability of operators as they enter that first breach through the door,” Allen added.
Marine Corps Recruit Training Depot Parris Island is a sacred place that shapes everyday citizens into United States Marines. The journey from recruit in training to United States Marine is unforgettable and some even describe it as the best worst time of their life. Once a Marine leaves the island, most may never return.
U.S. Marines with 2nd Transportation Battalion, Combat Logistics Regiment 2, 2nd Marine Logistics Group, were given the opportunity to visit MCRD Parris Island, South Carolina during a professional military education trip on June 14, 2019.
The day started off with the Marines visiting the famous yellow footprints, the place where the training begins. They then made their way to the receiving bay where all recruits are allotted one phone call home to let their families know they arrived safely, followed by a tour of a recruit living quarters.
U.S. Marines with 2nd Transportation Support Battalion, Combat Logistics Regiment 2, 2nd Marine Logistics Group, pose for a group photo with Brig. Gen. James Gylnn, commanding general of Marine Corps Recruit Depot Parris Island, and Sgt. Major William Carter, sergeant major of Marine Corps Recruit Depot Parris Island, at Marine Corps Recruit Depot Parris Island, S.C., June 14, 2019.
(U.S. Marine Corps photo by Lance Cpl. Scott Jenkins)
“Going back to MCRD Parris Island was an overwhelming feeling,” said Pfc. Johnny Francis, who graduated from Parris Island on Nov. 23, 2019, now a motor vehicle operator with 2nd TSB. “It is the place that broke me, made me want to give up, but also gave me the courage to keep going and in turn allowed me to become a United States Marine.”
Marines pride themselves on being the best, and it all starts at recruit training. The Marine Corps has the longest entry level training of any of the four branches.
U.S. Marines with 2nd Transportation Support Battalion, Combat Logistics Regiment 2, 2nd Marine Logistics Group, walk down the road at Marine Corps Recruit Depot Parris Island, S.C., June 14, 2019.
Recruits endure 13 weeks of rigorous physical, mental, and spiritual challenges. Under 24/7 watch and care of the Marine Corps Drill Instructor, recruits are completely stripped of their civilian habits and relearn everything the Marine Corps way.
“Getting to see recruit training as a Marine made me understand why we are held to such a high standard,” said Lance Cpl. Charlene Yabut, who graduated from Parris Island on Nov. 29, 2018, now a landing support specialist with 2nd TSB. “Those recruits don’t know it yet but they will remember everything that was drilled into their head. Being a Marine takes everything you have to offer every day and without the foundation that is laid here, we wouldn’t be the U.S. Marines.”
U.S. Marine Corps 1st Sgt. Nicholas Underwood with Company K, 3rd Recruit Training Battalion, Recruit Training Regiment, gives Marines from 2nd Transportation Support Battalion, Combat Logistics Regiment 2, 2nd Marine Logistics Group a tour of Company K’s recruit living quarters at Marine Corps Recruit Depot Parris Island, S.C., June 14, 2019.
(U.S. Marine Corps photo by Lance Cpl. Scott Jenkins)
2nd TSB ended their trip on the island with witnessing 570 new Marines from P and M Company march and graduate on the Pete Ross Parade Deck.
Graduation day marks the end of recruit training; it is the culminating and most awaited day by all new Marines.
“We wanted to bring the Marines from our unit here to allow them to reflect and remind them that we all stepped foot on those yellow footprints for a reason; we all wanted to become Marines,” said Capt. Brian Hassett, Alpha Company Commander, 2nd TSB, CLR 2, 2nd MLG. “We have earned the title, but it doesn’t end there. We have to keep working hard, stay dedicated and be prepared for when America calls.”
This article originally appeared on Marines. Follow @USMC on Twitter.
“USA wonder why Russia would want to carry the S-300 to Syria,” read the meme’s text. “Because you never really know what kind of assistance terrorists might get.”
“All jokes aside, #Russia will take every defensive measure necessary to protect its personnel stationed in #Syria from terrorist threat,” said the embassy’s tweet.
U.S.-Russian relations have diminished significantly in the last week. The veiled threat is the latest in a series of provocative actions and statements Russia is making concerning U.S. involvement in Syria. Secretary of State John Kerry announced Monday that the U.S. would be suspending talks regarding the Syrian conflict after Russia’s failure to abide by a mutually agreed ceasefire in September.
Diplomatic failures regarding Syria are forcing the Obama administration to reconsider its options in the five-year-long conflict, including “staff level”discussions that could include military strikes against Syrian President Bashar al-Assad, a key Russian ally. Russia responded to reports of the talks by warning that removal of Assad would cause “terrible tectonic shifts” in the Middle East.
The Russian Defense Ministry announced its deployment of the S-300 anti-aircraft missile system to its naval base in Tartus, Syria, Tuesday. A statement from the ministry claimed that the missile system, which can target both ballistic missiles and aircraft, was deployed in order to ensure the safety of the naval base.
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We love the commissary for so many things: their low, low prices, the friendly baggers who maintain an excellent poker face when you can’t find your car, the guarantee that if you’re wearing something nice you’ll run into no one and the day you have on sweatpants while your kids are losing their shit, you’ll see everyone you know. Ah, the commissary.
And now, here are 10 more reasons to love this perk. They have game day recipes.
Set it and forget it with this easy recipe that will surely impress your guests as much as a Mahomes comeback. Cook on low for seven hours or high for four, these lovely three pounds of meat are a gift that will keep on giving throughout the night.
If you’re feeling extra fancy, skip the store bought salsa and make your own. Since tortilla chips will almost definitely be on sale this weekend, give them the love they deserve with this easy to whip up dish.
We love a good casserole. It says “I tried and I love you, but I just didn’t really have time to roll individual enchiladas.” This is a classic with enough spice to keep it entertaining but mild enough that even the whiny nephew who always seems to be there, will eat it.
Tomatos, mozzarella, basil. These look fancy but they are something your 2nd grader could put together (from experience). The nice pop of color adds a little balance and nutrition to all of the cheese things you’re going to have.
No matter what branch you served in, this salsa is something you can get behind. With a sweetness from the peach but the spice from the jalapeños, you can eat this with as a dip, a topping on a steak or in your bed with a spoon like it’s ice cream. Like the baggers, we’re not here to judge.
What game would be complete without chili? Put it on your hot dogs if you like the meat sweats or eat it topped with cheese and Fritos and sour cream. You can’t go wrong with chili and this is a winner.
If you have any hope of winning, your strength has to be greater than your opponent’s weakness. As a young second lieutenant in pilot training, I learned that lesson the hard way.
I was flying a Basic Fighter Maneuver Flight, also known as dogfighting. The objective was for me to point at my instructor, who was in his own F-16, and as soon as we passed—with over 1,000 miles per hour of closure—maneuver my jet so I could gun him.
(U.S. Air Force photo by Master Sgt. Andy Dunaway)
On the first set I hit the merge at just under the speed of sound and pulled back on the stick. At 50 pounds of force, the stick was fully-aft, yet only moved one inch—a design feature to make the jet as responsive as possible. The big stabilizers on the tail dug in and in less than a second I was at 9G’s.
At 9 times the force of gravity, my body weighed over 2,000 pounds. The crushing force pushed me into my seat as blood drained from my head into my arms and legs. If enough drained out, I would lose consciousness and, more likely than not, impact the ground before I woke up. To counteract this, I performed an anti-G straining maneuver—squeezing my legs and abs, while making short, crisp breaths to keep pressure in my lungs. Even with an effective G-strain, I lost my peripheral vision as the world closed in until it looked like I was watching it through a toilet-paper roll.
Pilot fitness has a significant effect on performance while dogfighting. (USAF Photo/Tech. Sgt. Jeffrey Allen)
For the next minute or so I struggled to maneuver my jet into a position to gun my instructor. He was able to easily neutralize my game-plan and called “knock it off” so that we could set up the fight again. The next three fights ended the same way. By this point, I was out of breath and exhausted from fighting him and the G’s. We ended up doing two more sets, but instead of just neutralizing the fight, he gunned me on both of them.
In the debrief, after the flight, my labored breathing was evident in the tape. He paused it and said, “How did you ever expect to win today? I have 15 years of experience flying fighters, and granted, you don’t have anywhere near that, but I’m also in better shape than you.”
He was right. Being in my mid-20’s, I should have been in better shape than someone in their early 40’s. Having far more experience than me, there was no way I was going to be tactically superior. But, my fitness, and my poor performance towards the end of the flight was completely in my control. His weakness was greater than my strength which meant there was a zero percent chance of me winning that day.
I’ve reflected that lesson many times since; not only for myself, but also as a package commander in charge of upwards of a hundred aircraft. As the weaker force, you must find an area on the battlefield where your strength is greater than the enemy’s weakness. If you can’t find it, you’re in for a bad day. Likewise, if you are the incumbent, stronger force, it’s important to shore up your weaknesses so that hopefully they are greater than your enemies strength.
Want to learn more about dogfighting, flying, and the most successful professionals in any industry? Make sure to check out F-35 pilot Justin Lee’s podcast, The Professionals Playbook!
Pakistan’s former sports-celebrity-turned politician, Imran Khan, in his televised election victory speech July 26, 2018, pledged to tackle poverty and endemic corruption through a revamped governance system in the country.
Khan delivered the speech as about 90 percent of the results from July 25, 2018’s parliamentary polls already had been compiled. Khan’s Pakistan Tehreek-e-Insaf (PT) party was well ahead of its main rival, the Pakistan Muslim League-Nawaz (PML-N) of jailed former prime minister, Nawaz Sharif.
Almost all the main rival parties have alleged the polls were rigged and manipulated in favor of Khan, allegations the independent Election Commission of Pakistan rejected.
Chief Election Commissioner Sardar Mohammad Raza strongly defended the voting process as free and fair. “These elections were 100 percent transparent and fair … there is no stain,” Raza insisted while speaking to reporters early July 26, 2018.
The commission admitted that its electronic reporting system collapsed shortly after vote counting began late July 25, 2018, causing unprecedented delays in announcing results.
Khan also promised to provide any assistance required to investigate the rigging charges, though he declared the polls as “the fairest in Pakistan.”
Chief Election Commissioner Sardar Mohammad Raza
Analysts say partial election results suggest Khan’s party, with the help of smaller groups and independents, is poised to establish governments not only at the center but possibly in three of Pakistan’s four provinces.
Khan pledged in July 26, 2018’s speech to deliver on campaign promises, saying he would turn Pakistan into an “Islamic welfare state.”
The would-be government, he said, would not use the palatial prime minister’s residence in Islamabad and would use the space for other priorities as it focuses on good governance and economic challenges facing the country.
“I would be ashamed to live in such a large house. That house will be converted into an educational institution or something of the sort,” he said. “Our state institutions will be stronger, everyone will be held accountable. First I will be subjected to accountability, then my ministers and so on.”
Khan acknowledged while speaking to VOA on the eve of the election that the economy is the biggest challenge facing Pakistan.
“The only way we can overcome this is by revamping the way we do governance in this country, strengthening institutions and then spending it on our human beings,” Khan noted. This is “the rock bottom” for Pakistan, he warned.
“Never have we fallen so low as we have right now in terms of human development, in terms of the cost of doing business, in terms of our economy going down the drain. So, the challenges are huge but they can only be done … if we change the way we do governance in this country.”
Sharif’s party has been for months accusing the military of covertly helping Khan’s election campaign, charges both Khan and the military have strongly denied.
The PML-N’s electoral chances also have been shaken by Sharif’s conviction in absentia earlier this month on corruption charges involving expensive properties he and his family held overseas.
Sharif, who immediately was placed in custody after returning from Britain nearly two weeks ago, has denounced the verdict as politically motivated. He accused a covert military-judiciary alliance of trying to keep him out of politics and undermining the integrity of his PML-N party.
Khan and his party were instrumental in leading street protests and fighting legal battles to win the conviction in corruption cases against Sharif.
In his brief speech, Khan also spoke about how his party intends to deal with foreign policy challenges facing Pakistan.
Years of wars in Afghanistan have inflicted unprecedented sufferings on Afghans and they need peace, he said. The new government will make all possible efforts to promote peace in Afghanistan to ensure peace in Pakistan, Khan vowed.
“I also want to build relations with Afghanistan to a point where we have open borders just like those within the European Union,” he added.
Khan said he would seek a mutually beneficial and balanced relationship with the United States.
“We want to improve our relations with India, if their leadership also wants it. This blame game that whatever goes wrong in Pakistan is because of India and vice versa brings us back to square one. If they take one step toward us, we will take two, but we at least need a start.”
The election is just Pakistan’s third peaceful transition of power. The military has ruled the Muslim-majority nation of more than 200 million people for nearly half of the country’s 71-year-history.
July 25, 2018’s vote was disrupted by militant attacks and incidents involving gunfire between political rivals.
The deadliest incident occurred in Quetta, capital of southwestern Baluchistan province, where a suicide blast ripped through a crowed of political activists, voters and security personnel, killing more than 30 people. The Islamic State terrorist group claimed responsibility for the bloodshed.
The campaign leading up to the July 25, 2018 vote had been marred by violence that left more than 170 people dead.
For years now, Russia has been laser-focused on insulating itself from an external economic shock.
It may have just sparked one.
In an unexpected move on March 6, Russia rejected a call by OPEC countries to further cut oil production in order to help prop up prices amid sagging global demand for energy due to the coronavirus.
The decision broke three years of cooperation under an arrangement called OPEC+ and stunned participants at a meeting in Vienna, not to mention some of Russia’s own oil executives — one suggested the move was “irrational” — and governments from the Middle East to the West.
OPEC leader Saudi Arabia swiftly responded to the snub by announcing it is no longer obliged to hold back production, causing the largest single-day drop in the price of oil in nearly three decades and sending global stock markets and the ruble tumbling. Why?
One potential answer: President Vladimir Putin wanted to punish the United States by putting severe pressure on the U.S. shale-oil industry, which has sold millions of barrels of oil while Russian companies kept production down under the existing OPEC+ agreement.
“The Kremlin had decided that propping up prices as the coronavirus ravaged energy demand would be a gift to the U.S. shale industry,” Bloomberg News reported. The acerbic spokesman for Russian state oil giant Rosneft, Mikhail Leontyev, suggested that was at least one of the motives, telling the agency: “Let’s see how American shale exploration feels under these conditions.”
Rosneft CEO Igor Sechin, an old and close Putin ally, has long been said to be chafing under the existing OPEC+ production limits, and was widely seen as playing a role in the decision to reject further cuts.
Some analysts played down the idea that the Kremlin was out to get U.S. shale, however, saying that Russia’s coordination with OPEC+ was fragile to begin with and that Moscow and Riyadh had different views of the current volatility on the global oil market.
Whatever the reasons, it’s a risky move for Moscow at an uncertain time.
The oil price collapse stoked by Moscow’s move and concerns about the effects of the coronavirus on a slew of industrieswill hurt Russia’s economy in the short-term, and there is no guarantee that it can knock out U.S. shale in the long run, analysts said.
The United States has been a beneficiary of the high prices maintained by the OPEC+ output cuts over the past few years, overtaking Saudi Arabia and Russia — now Number 3 — as the world’s largest oil producer.
As the coronavirus ravaged the Chinese economy and hit others around the world, slashing oil demand, Saudi Arabia lobbied for OPEC+ to cut another 1.5 million barrels at the March 6 meeting in Vienna. Russia recommended maintaining the existing cuts. OPEC+ — a 24-member group consisting of OPEC nations plus non-cartel members like Russia — first agreed to oil production cuts in 2017.
Saudi Arabia’s announcement that it would hike production sent the price of U.S. crude oil tumbling by 25 percent on March 9 to a low of a barrel. Prices gained back some of the losses on March 10 but were well under for U.S. and the global benchmark, Brent Crude.
Some U.S. shale producers have a break-even price of a barrel or above, putting them in a vulnerable position, said Chris Weafer, an energy specialist and founder of Moscow-based consultancy firm Macro-Advisory.
Oil producers in Saudi Arabia and Russia have lower production costs, enabling them to weather the price.
“There are three parties facing off against each other — Russia, Saudi, and U.S. shale — and it really is a case of who blinks first,” Weafer told RFE/RL.
Several analysts said that in the short-term, Russia is in the strongest position among those three players.
“The impact of this price crash on U.S. shale companies is going to be pretty devastating” in the short term and could result in a U.S. production decline in 2020, said Gregory Brew, a historian at Southern Methodist University in Texas focusing on energy politics and the Middle East.
Russian oil companies have some insulation. They are profitable at a oil price, helped by a free-floating currency, and the budget is protected for years to come.
The Kremlin’s conservative fiscal policy over the past few years boosted foreign currency reserves to about 0 billion and driven down the price of a barrel of oil necessary to balance the budget from above 0 to below .
At the current ruble rate of nearly 75 to the dollar, the budget can balance at per barrel, said Elina Ribakova, deputy chief economist at the Institute of International Finance in Washington.
Saudi Arabia’s budget break-even oil price is closer to and its foreign currency reserves have been declining amid a massive state spending program.
Riyadh not only faces budget pressure, but potentially investor pressure to cut production to keep the market stable, Sarah Ladislaw, a senior vice president at the Washington-based Center for Strategic and International Studies, said in a March 9 note.
Riyadh recently sold shares in state oil company Saudi Aramco, raising .6 billion in the world’s largest initial public offering. The shares are now below the price the investors paid for them.
But the U.S. shale industry has shown resilience in the past and is likely to do so again, analysts said. Low oil prices lead to consolidation, which should make companies more competitive in the longer term, Brew said — the opposite of what Moscow may be angling for.
Saudi Arabia failed to achieve the goal of shuttering the U.S. shale industry several years ago: The producers improved their efficiency in response to price pressure, driving down their own production costs.
Unlike large onshore or offshore oil fields that can take years to develop, shale fields can start producing in weeks, said Rauf Mammadov, an energy analyst at the Middle East Institute in Washington. And the biggest U.S. oil companies, which are less vulnerable than smaller outfits, are investing more into shale.
“It will not impact the shale industry in the long run,” Mammadov told RFE/RL.
Meanwhile, the impact of the oil price drop is being felt globally, including in Moscow.
‘Very Unexpected, Irrational’
Russia’s already slow-growing economy could potentially contract this year if oil prices stay low for the rest of the year, said Ribakova. She previously forecast growth of more than 2 percent in 2020.
Russia is losing 0 million to 0 million a day at an oil price of rather than , said Leonid Fedun, the billionaire vice president for strategic development at Lukoil, Russia’s second-largest oil producer, which is not state-owned.
Fedun called the collapse of the Russia and OPEC+ agreement “very unexpected, irrational.”
That’s not the view at Rosneft, though. Sechin was the driver behind the Kremlin’s decision not to agree to additional cuts, Weafer said.
In June, Sechin accused the United States of using sanctions against energy-producing nations to make room for U.S. domestic production.
The United States has angered the Kremlin by imposing sanctions on Russian Baltic Sea export gas pipeline Nord Stream 2, delaying its completion indefinitely, and by slapping penalties last month sanctioned a trading arm of Rosneft for doing business in Venezuela.
In 2019, the United States supplied oil to Russia’s western neighbor Ukraine for the first time — as Kyiv seeks to reduce reliance on Moscow amid a continuing war with Russia-backed separatists in its east — while Belarus has inquired about purchasing U.S. oil as it seeks alternatives to Russian crude.
Rosneft will increase production by 300,000 barrels a day following the exit from the agreement with OPEC+, Bloomberg reported, citing unidentified company officials.
Mammadov questioned the notion that Russia is targeting the U.S. shale industry.
The abundance of global supply, while largely driven by the United States, is also due to greater output from Canada, Brazil, and other non-OPEC countries, some of which have high-cost production and will be impacted, he said.
“This is more the outcome of the failure of the negotiation rather than a premeditated strategy or tactic” to crush U.S. production, Mammadov said. “There are too many global unknowns at the moment and that is the reason why Saudi Arabia and Russia could not agree on cuts.”
If the spread of the coronavirus retreats globally, leading to a pickup in economic activity and oil demand, the tensions between Russia and Saudi Arabia will ease as the question of greater cuts subsides, Mammadov said.
Another factor potentially limiting the depth of the price war is the Kremlin’s determination to maintain the political influence it has achieved in the Middle East in recent years, Weafer said.
That greater influence was on display in October 2017 when Saudi Arabia’s King Salman traveled to Moscow, the first-ever visit by the nation’s leader to Russia.
“The Kremlin will want to try to get back to the negotiating table because the political relations” with Saudi Arabia are “very important,” Weafer said.
Last week, the John Q. Public blog published an open letter written by a female Airman under the nom de plume ‘Kayce M. Hagen,’ who recently attended her annual mandatory Sexual Assault Response Coordination (SARC) training.
“A strong, confident military professional stared out of my bathroom mirror, and I met her eyes with pride. Then I came to your briefing.”
She was disgusted at the idea of the female Airman being at once a victim and the catalyst for unit degradation, for being both untouchable and a target, and for being empowered but fragile.
“I might be hurt, and I’m fragile right?,” she writes. “Of course I am, you made me that way.”
She saw the training as taking the respect she might earn and instead forcing her male counterparts to see her as an object of their potential destruction.
“You made me a victim today, and I am nobody’s victim,” Hagan wrote. “I am an American Airman in the most powerful Air Force in the world, and you made me into a helpless whore.”
Obviously very strong words, whether one agrees or not, but perhaps worth consideration. This is her letter verbatim:
I got up this morning as an Airman in the United States Air Force. I got up and I put on my uniform, I pulled back my hair, I looked in the mirror and an Airman looked back. A strong, confident military professional stared out of my bathroom mirror, and I met her eyes with pride. Then I came to your briefing. I came to your briefing and I listened to you talk to me, at times it seemed directly to me, about sexual assault. You talked about a lot of things, about rivers and bridges, you talked about saving people and victimization. In fact you talked for almost a full ninety minutes, and you disgusted me.
You made me a victim today, and I am nobody’s victim. I am an American Airman in the most powerful Air Force in the world, and you made me into a helpless whore. A sensitive, defenseless woman who has no power to protect herself, who has nothing in common with the men she works with. You made me untouchable, and by doing that you made me a target. You gave me a transparent parasol, called it an umbrella and told me to stand idly by while you placed everything from rape to inappropriate shoulder brushes in a crowded hallway underneath it. You put my face up on your slides; my face, my uniform, my honor, and you made me hold this ridiculous contraption of your own devising and called me empowered. You called me strong. You told me, and everyone else who was listening to you this morning that I had a right to dictate what they said. That I had a right to dictate what they looked at. That I had a right to dictate what they listened to. That somehow, in my shop, I was the only person who mattered. That they can’t listen to the radio because they might play the Beatles, or Sir Mix-A-Lot, and that I might be offended. That if someone plays a Katy Perry song, I might have flashbacks to a night where I made a bad decision. I might be hurt, and I’m fragile right? Of course I am, you made me that way.
You are the reason I room alone when I deploy. You are the reason that wives are terrified that their husbands are cheating on them when they leave, and I leave with them. When I walk into a room and people are laughing and having a good time, you are the reason they take one look at me and either stop talking or leave. They’re afraid. They’re afraid of me, and it’s because of you. They are afraid that with all of this “power” I have, I can destroy them. They will never respect me or the power and the authority I have as a person, or the power I have as an Airman, because I am nothing more than a victim. That I as a victim, somehow I control their fate. With one sentence, I can destroy the rest of their lives.
“He sexually assaulted me.”
I say enough. He didn’t assault me, you did; and I say enough is enough. If you want to help me, you need to stop calling me a victim. If you want to save me, you need to help me to be equal in the eyes of the people I work with. If you want to change a culture, you need to lessen the gap between men and women, not widen it. Women don’t need their own set of rules: physical training scores, buildings, rooms, raters, sponsors, deployment buddies. When I can only deploy with another woman ‘buddy’ you are telling me and the people around me that I can’t take care of myself. When you forbid me from going into my male friends room to play X-Box on a deployment with the other people on my shift, you isolate me. When you isolate me, you make me a target. When you make me a target, you make me a victim. You don’t make me equal, you make me hated. If I am going to be hated, it will be because of who I am, not because of who you have made me. I am not a victim. I am an American Airman, I am a Warrior, and I have answered my nation’s call.
Help me be what I am, or be quiet and get out of my way.
The Pentagon’s research and development shop is moving one step closer toward building a hypersonic space plane that could shuttle satellites or people into space in record time.
In an announcement on Wednesday, DARPA said that Boeing, which was selected for phase one of the project, would keep working on its advanced design for the Experimental Space plane (XS-1) program with additional funding for phases two and three.
While Phase One of XS-1 was more of a drawing board/concept phase, phases two and three are all about actually building a space plane and conducting flight tests, demonstrations, and hopefully, delivery of a satellite into orbit.
Here’s how DARPA describes what it hopes XS-1 may one day pull off:
The XS-1 program envisions a fully reusable unmanned vehicle, roughly the size of a business jet, which would take off vertically like a rocket and fly to hypersonic speeds. The vehicle would be launched with no external boosters, powered solely by self-contained cryogenic propellants. Upon reaching a high suborbital altitude, the booster would release an expendable upper stage able to deploy a 3,000-pound satellite to polar orbit. The reusable first stage would then bank and return to Earth, landing horizontally like an aircraft, and be prepared for the next flight, potentially within hours.
Since it’s DARPA, the project is focused on national security, and there’s no doubt the Pentagon could save plenty of money and time by launching satellites via a low-cost space plane. But the agency also notes in its announcement that another goal is to “encourage the broader commercial launch sector,” and it will release testing data out to companies who are interested during phases two and three.
So it looks like the military won’t be the only ones having fun flying planes into space, Mr. Skywalker.
DARPA has been behind a number of huge technological advances that have made their way to the private sector, like the Internet, a ton of the components of modern-day computing, and GPS, just to name a few.
“We’re delighted to see this truly futuristic capability coming closer to reality,” said Brad Tousley, director of DARPA’s Tactical Technology Office (TTO), which oversees XS-1. “Demonstration of aircraft-like, on-demand, and routine access to space is important for meeting critical Defense Department needs and could help open the door to a range of next-generation commercial opportunities.”