07 March 2016

Australia and Timor-Leste: a brawl between neighbours or rules-based international order?

The debate about Australia's border dispute with Timor-Leste continues to entice bloggers, reporters, experts and others to put forward emotional positions.

These are based on imagination and occasionally rational thought and sometimes (very rarely) on principles of international law.  

Australia says it is committed to rules-based international order, according to Prime Minister Turnbull.  Unilateral actions are in nobody’s interest. They are a threat to the peace and good order of the region on which the economic growth and national security of all our neighbours depend. These differences should be resolved by international law.  

He might have been talking about the border dispute with Timor-Leste.

Allastar Cox says that Australia's treaties with Timor-Leste in fact form part of the Government's commitment to a rules-based international system. 

02 March 2016

It was a Super Tuesday!

Hillary Clinton strengthened her momentum, with a  sweep of the Southern states on Super Tuesday.  Democratic delegate count for Hillary = 1,121 compared to 481 for Sanders. 

Republican delegate count for Trump = 382, putting him ahead of his rivals making him the favourite for the nomination.  

You wouldn't really know how Super the result was for Clinton from most media headlines. That's why I like to look at the impeccably accurate Washington Post and the Guardian.

Who would make the best President for the energy industry?

Hillary Clinton has been cited as being against offshore oil drilling, against the Keystone XL pipeline, and against drilling in the Arctic. 
Should Clinton become president, she may be inclined towards new regulations that may harm utilities, conventional energy companies, and would support environmental policies and support alternative energy - solar and wind power companies.  
This suggests a negative impact on conventional energy firms and boosting prospects for investors in the alternative energy sector.

Donald Trump is on record as wanting to confront OPEC and making the U.S. energy independent. He is a vocal advocate for oil and its importance to the U.S. economy. A Trump presidency would boost prospects for investors in most conventional energy companies, with a negative impact on the alternative energy sector.


Oilprice.com also discusses the implications of other candidates policies.