Leonardo DiCaprio’s extraordinary two-hour National Geographic documentary is now available for viewing free everywhere, including on this page, YouTube, The National Geographic website, and the National Geographic Channel. Everyone should watch it. Equally worthwhile is the series The Years of Living Dangerously on National Geographic. The 2-minute trailer and the full documentary film are below here.
Those following international events have probably already seen the stories on Putin’s Russia, and the combined impact international economic sanctions, and now, the unexpected and unwelcome plummet in World oil prices. The Russian economy in 2015 will likely see a budget deficit of $20 Billion or more as the ruble collapses and oil prices plummet. The problem is global and expected by analysts to persist for the foreseeable future. Lesser developed countries like Venezuela and Nigeria, which are more dependent on their oil economies, are expected to see even greater impacts. Economists commonly refer to this as the “natural resource curse.”
This is another post in my Industry Analysis series on the Alberta Bitumen Bubble and The Canadian Economy, and Canada’s strategic options. In a clear sign that the Harper government’s anxiety over the tars sands is increasing exponentially, the rhetoric from the Conservative government has become ever more shrill and less rational in tone. Rumors have abounded for some time that Harper himself is in fervent denial of climate change, but his PR handlers have cautioned him not to personally come “out of the proverbial closet” on climate change because it would cost Conservatives votes, the thing they care most about. But this stance appears to be changing, as Canada’s “natural resource curse”, consequent economic downturn, Canada’s failure to invest in innovation, and national productivity crisis converge on the Harper government. An ominous parallel can be drawn with South African President Thabo Mbeki’s official denial that HIV did not cause AIDS, which became an international embarrassment for South Africa. implications for all Canadians are immense.