History is all explained by geography.
Nations, like individuals, are largely the product of their environment; and many of their characteristics, their fears and their neuroses, as well as their abilities, are conditioned by the impressions of what we may call their early childhood.
What finally scuppered Napoleon's Europe was of course the fatal combination of the English Channel and the Russian winter; the same unlikely partnership that also did for Hitler's Europe.
Part of why civil wars are so difficult to explain is that so many different reasons are at work in different places.
This issue is not economic but political. I hope that all market participants interested in maintaining stable and reasonable world energy prices will finally make the right decision.
History has shown that the life, borders and forms of states are changeable as created not only on the territorial and ethnic, but also economic, political, military and other suchlike grounds
I think oil prices are down for two reasons. One is, there is a lot of supply. There is a lot of supply because the U.S. now produces a lot of oil and there is a lot of supply because the Saudis seem to want to produce a lot of oil, maybe to punish the Iranians and the Russians.
