How do I cope with office life when there is no work?

The problem
I work in corporate finance and for the past four years routinely worked 14-hour days. Now work has dried up and we are all sitting around pretending to be busy and failing to drum up business. I am finding the boredom far more stressful than I ever found the work. I don't know how I should behave. I am tempted to take three-hour lunches with friends, then go home early to learn salsa dancing. But would that be begging to be first in line when the axe inevitably falls?
Investment banker, male, 27LUCY'S ANSWER
Being bored at work is painful; being bored as a prelude to being fired is torture.
You ask what the work etiquette is for this situation. You already know the answer: if everyone else is sitting at their desks bored witless, pretending to work, the etiquette demands that you do so too.
What is interesting in your case is that the penalties for ignoring etiquette are lower than normal. This period of boredom will end with the fall of the axe and you will probably be fired, but so, probably, will they. Unless your bank is even less wise than the competition, it will not decide who to keep on the basis of who was best at faking industriousness when there was nothing to do.
So some slacking is safe, but I don't think you can ignore the political game altogether. In normal times office politics is a part-time sport slotted in around work. But now that there is no work, your colleagues will be doing politics full-time. If I were you I would set out to play this game sparingly but efficiently. Be in the office long enough to find out what people are saying. Otherwise leave your jacket on the back of your chair and make it seem as if you are at meetings. Skive intelligently.
As you hate emptiness, I suggest you write a plan to get through the days. Allocate time for looking busy, time for picking up the gossip and time for your own affairs.
I should warn you of one thing. As you have always worked 14-hour days, you'll be a skiving virgin, and constitutionally may not be cut out for it. The first salsa lesson on office time, like the first few three-hour lunches, may give you a thrill but after that you may find they start to pall. But then you can always devote yourself to what you really should be doing now: finding a career with better prospects.
YOUR ADVICE
Fishing
Employment is not just about working; it is also about being available for work. Rather like fishing or fielding in the slips, you sometimes need to be there for a long time when nothing is happening in order to be there when something does happen. Stay at your desk and practise looking eager and intelligent.
Academic, male, 45
Shoe leather
For all your energy and brains, you are gloriously obtuse about new realities. You and your shoes are about to start shining a lot of marble floors looking for a job. The axe has already fallen. A clue: the political marketplace has replaced you with partially nationalised lenders in no mood blithely to leverage investment banks. You and your yum-yums blew it by staying at the greed circus way too long. Good luck.
Salsa dancing – as a hobby or career?
Lawyer, male, 67
Enjoy it
I was in this exact situation once. Instead of taking three-hour lunches and leaving early, I sat faithfully at my desk for six months, worried sick. The axe fell anyway.
Looking back on it, I felt stupid for not using the free time by relaxing more. And my presence caused my employer stress since it was a daily reminder that they couldn't keep me busy and were paying me to stare out of the window. So I say make yourself scarce – take the time off.
Lawyer, male
Soup line
How about thinking and acting on behalf of others for once? You could donate your labour hours to a local food bank. Who knows, you might be able to drum up new clients in the soup line.
Male, anon

Dalai Lama in Dharamsala, India, said negotiations with the Central Government to give up

Dalai Lama in April this year in Tokyo, Japan Narita news conference at the scene (data)
Chen Shui-bian and the Dalai Lama (data)

Global Times reported on October 27 in the central government and the Dalai Lama in late October the upcoming new round of dialogue, the Dalai Lama in Dharamsala, India made a speech, claimed responsibility for negotiations with the Chinese central government, "loss of confidence।" The Chinese People's University Institute of International Relations, Professor Jin Canrong of the view that the Dalai Lama's position is a threat। His attempt to put pressure on the central and western influence and to change the current difficult situation. 26, the Associated Press reported that the Dalai Lama said that he "has been abandoned" because he has been "in good faith to find the middle way" to try to negotiate with the Chinese government to resolve the Tibet issue, but the Chinese government "has not always been a positive response," he said Will be invited to "6,000,000 of the Tibetan people" to decide the way forward. The Associated Press that the comments of the public statements made by the Dalai Lama's attitude was "unusual" and said the Dalai Lama on behalf of the end of this month the central government talks with China soon. Britain's BBC reported that the Dalai Lama's "middle line" is nothing new in Beijing, it seems, is still "seeking Tibetan independence." Tibetans in exile in some of the radicals to continue to put pressure on the Dalai Lama and asked him to give up the "middle line" and turned to violence to seek "independence" of the hard-line closer. India, "TV" on the Web site of the Dalai Lama's remarks were an interactive readers, many readers pointed out that the Dalai Lama was quite popularity in the West because of its long-standing "religious" and "non-violent" nature of the cause Many of sympathy. Once he decided to put aside all of this, along with those who turn to radical Tibetan exiles route of violence, in the West to create the halo of good will quickly fade. Renmin University of China Institute of International Relations, Professor Jin Canrong of the view that the Dalai Lama is currently the largest support from the West, who recently changed their attitude a bit. French TV recently broadcast a documentary entitled "The truth of the Dalai Lama", the film describes the Dalai Lama and France's closed-door talk about the "independence requirements", but told reporters to go out "This is entirely religious trip" to a class. The program broadcast on the Dalai Lama's supporters have a greater shock. Western support for his part in change. The Dalai Lama made clear in the hope that this momentum under control. Jin said that the Dalai Lama for talks with the central government did not grasp what this has to issue such a threat. The central government and the door to dialogue with the Dalai Lama is wide open. "3 • 14" event held prior to 6 negotiations after the two held talks. But the Dalai Lama to say, why does the time go to Western reporters, without directly with the central government say that? Jin said that the Dalai Lama to give up on the moderate line he did not have the benefits of the West will not go to support his radical line. His threat is a hollow threat.

Stimulating domestic demand "a rapid march": 2 trillion investment in the railway "to clear the way"

"If the 1998 Asian financial crisis the country is to take the road infrastructure investments stimulating domestic demand, and that this will be the main railway investment।" October 27, chief engineer of the Ministry of Railways Mr WU in an exclusive interview with this reporter's case Said. The judge on October 21 from the State Council executive meeting. At the meeting approved the package of infrastructure projects, the Ministry of Railways spokesman Wang Yong said, "The new railway project investment and stimulate economic growth is an important bright spot." According to Wang Yong, so far, the State Council approved railway investment has reached 2 trillion yuan, of which projects the size of the investment of more than 1.2 trillion. "With the Ministry of Railways and the governments around the strategic cooperation to jointly push forward the continuous development and construction, some of the figures will increase further." National Development and Reform Commission, former director of the Institute of Comprehensive Transportation, the incumbent party secretary Yan Dong, the country has been previously approved by the Ministry of Railways, "11th Five-Year" plan, for a total investment of 1.25 trillion, now comply with the new demands of railway construction, the size of funds Adjusted for 2,000,000,000,000. WU He explained that the country's railway investment, not only to accelerate the improvement of the railway network, but also on the iron and steel, cement, machinery, nonferrous metal, electrical and electronic industries play a powerful role in driving. In addition, "the railway construction will also provide direct more than 150 million jobs, this does not include employees of the railway system." Ho said WU. 1,250,000,000,000 change 2,000,000,000,000 In accordance with previously approved by the State Ministry of Railways, "11th Five-Year Plan", the state plans to invest between 2006-2010 in 1,250,000,000,000 yuan for railway infrastructure. Planning, "New Line," "Separation of passenger" and "transformation of line" for the main ideas put forward will be operating the railway mileage in 2005 from 70,000 km in 2010 to 90,000 km in 2010 to reach 100,000 kilometers. In 2010 before the 7000 km of new passenger line, and in 2020 built before 12,000 kilometers passenger line, the backbone to achieve the separation of passengers and cargo. However, from the United States to China, from the financial sector to the real economy, the economy of the roaring sound of winter is the more aggravated scratch. How to expand domestic demand and maintain steady economic growth has become the primary decision-makers faced with the problem. October 21, Chinese Premier Wen Jiabao chaired a State Council executive meeting, including the approval of the railways, highways, airports, nuclear power, pumped storage power station and other infrastructure construction projects, speed up decision-north water diversion project at the same time, the east - Progress of the construction phase of the project. This series of measures to stimulate the economy, investment in railway is considered to be stimulating domestic demand, "the locomotive." Dong Yan, said the move with the 1998 Asian financial crisis, the country start a large-scale highway construction in order to stimulate the economy fairly. It is reported that in 1998 in response to the Asian financial crisis, the state implemented a proactive fiscal policy, highway construction has entered a period of rapid growth, with an average annual traffic mileage of more than 4000 kilometers, with an average annual investment 140,000,000,000 yuan. At present, and, as a result of the uncertainty of future trends, the people have a purse Wu Jin, by the people to start spending money, basically unrealistic; in the field of infrastructure, real estate market is entering a new period of adjustment, people buy Housing sluggish consumption; railway is the people's livelihood strategies of the great works of funds through the financial input, you can better attract social capital to participate. The railway construction is also strong in the investment cycle. According to Wang Zhiguo, vice minister of Ministry of Railways previously disclosed to reporters, in 2003, start accumulated mileage of railway construction reached 12,902 kilometers, the size of the total investment reached 868,200,000,000 yuan, a new production line of 6210 kilometers. The reporter was a few days ago from the Ministry of Railways statistics indicate that in October this year, the Beijing-Shijiazhuang and Dan Wu passenger-only lanes, rail Yu-lan, your Canton Railway, the Southern Xinjiang Railway line cua key projects such as a large number of railway projects have started, only The eight railway projects with a total investment reached 405,180,000,000 yuan, equivalent to over the past four years, half the size of the investment. "So far, the national railway projects approved a total investment of over 2 trillion." WU He explained to reporters, referring to two trillion yuan into the railway is a long-term program of the size of the total investment. The initial investment in the development of the country for 1.25 trillion, but the economic situation, as well as the development of the local railway network of strong demand, making the railway and long-term planning has been adjusted, the total investment has risen. "There are probably over the next two years to add new projects, will certainly more than the original investment."
According to Dong Yan, said the latest approval of the 2 trillion of investment funds, will use a three-part, for part of the high-speed railway construction, for part of the inter-city railway, part of the rail lines for the improvement. 2 trillion of the spillover effects In addition to the regulation, 2 trillion of investment in rail plate is driven by a more ambitious market economy. Shenyin Wanguo infrastructure analyst Kim Yi-Yan believe that the bulk of China's railway is the most important mode of transport of goods, 56% of the coal, 84 percent of the oil, 24% of the iron and steel, 22% of food and 58% of cotton through railway transport. However, lack of investment caused by car to meet the requests of the national average rate of only 54%, nearly half of the market demand can be met. In particular, the sharp contradictions large coal in Shanxi Province, to meet the car was only 33%. On the other hand, investment in railway scale than other major transport infrastructure. He WU take the Beijing-Kowloon Railway to the reporter explained that the completion of the same traffic, the road to the railway than accounted for more than 38,100 hectares of land, energy and rail transport more than 1 million tons. "Therefore, comparison should be done, fast forward the building of rail transportation, railway construction." It is in view of the case, the state approved in the past two years a large number of railway construction projects. "We feel that the National Development and Reform Commission recently approved the project to speed up the pace a lot." Propaganda Department of the Ministry of Railways, a person laughs, the situation changes, it is fermented in the financial situation. State Information Center Fan, director of economic forecasting that the 2 trillion railway investment plan is not a new thing today, it is actually related to the "11th Five-Year Plan", "Shier Wu" period of railway construction plan, have become a hot topic at present Mainly in the current enthusiasm for social investment is not high, investment-led government will affect the companies in this sector. WU He has held the same view: Railway Investment obvious role in stimulating the economy, such as the railway infrastructure on the steel, cement there is a huge demand for railway rolling stock manufacturing requires not only a lot of steel, electrical and electronic industries will lead, rubber, glass, aluminum, etc. Non-ferrous industries. "What is more important is to solve the employment problem." WU He told reporters that only a Beijing-Shanghai high-speed rail, construction on the number of 10 million people, and the entire rail infrastructure up to 1,500,000 workers, "This does not include employees of the railway system." This reporter has learned that the main railway transportation industry workers of the total number of 2,080,000. Daobi 2 trillion capital investment and financing reform At the Ministry of Railways to invest 2 trillion off the plate after the sound of the wind, rail infrastructure stocks rose by a strong stimulus, Oct. 23-27, the Second Railway Bureau in the three trading days up 19%, while the China Iron Chinese construction China Railway is because the news was partially offset by exchange rate losses of the bad news, stock prices of basic steady. However, the market for the railway industry's favor at the same time still have misgivings about 2 trillion, after all, not a small sum, the Ministry of Railways on how to raise the money? including Ho, the Ministry of Railways have repeatedly told reporters that the issue is not money, profit-making railway project is not short of money. An anonymous people within the Ministry of Railways to the reporter explained that the railway is currently owned by a bank loan financing, bond financing, the railway construction funds, insurance funds financing, local government investment as well as some direct financing of the strategic investors. China Development Bank as promised, "11th Five-Year Plan" period to 250,000,000,000 yuan in railway construction to provide policy-oriented loans, bond financing in countries with the support of sustained growth in recent years, 2006 and 2007 respectively, the total amount of bonds the Ministry of Railways 293 Million and 400 million as of October 2008, the Ministry of Railways has issued bonds 110,000,000,000. Railway investment in railway construction funds as the main channel for the past two years, respectively contributed 44,600,000,000 and 48,400,000,000 yuan. Local government investment is converted into shares demolition land, in this way in high land prices in the settlement of the situation in railway construction funds for the construction of a large demand. Insurance Fund in the financing of the Beijing-Shanghai high-speed rail project on a breakthrough, the peace, such as social security insurance fund allowed to invest in the project at the annual Total 80,000,000,000 yuan. Kim Yi-yin of the view that the country will be strong support for the Ministry of Railways, through issuing bonds to fill the funding gap. Thus by 2010, rail investment gap is not clear. हो
wever, if demand for funds in accordance with the current structure, and 2010-2020 of Railway investment demand remained at about 346,000,000,000 yuan, the Ministry of Railways an annual increase of interest-bearing liabilities 150,000,000,000 yuan, the Ministry of Railways in 2010 the rate of assets and liabilities will be more than 55 %। The liabilities of the limited space available on a large scale.
People within the Ministry of Railways told reporters that the Ministry of Railways in fact only aware of the bank loans and bond financing and risk not enough, so in 2005 and 2006, the Ministry of Railways has issued a series of breakthrough combination of boxing financing problems. In July 2005, the Ministry of Railways issued a "support and encourage and guide non-public economy to participate in the implementation of the operation of railway construction"; in June 2006, the Ministry of Railways launched "" 11th Five-Year Plan "railway investment and financing system reform to promote the program." However, the railway investment and financing system reform has been a very difficult nut to crack, Kim Yi-Yan said, "These measures only heard thunder, no rain. Now, the funding gap Daobi railway investment and financing systems must be reformed." Directors observed that, in 2,000,000,000,000 funds "platter", is bound to come up with a part of the country, and the other part of the community through financing. He disclosed that the country approved the project, the National Development and Reform Commission has also requested detailed in the specific content of the project, to increase the project finance market, and railway investment and financing system reform. Dong, a number of previous businesses, banks have expressed concern about the railway project, but suffer from non-specific pattern of investment and financing through the construction of the total funds approved, the next step is to find the key to the specific direction of the railway in the area, so banks, some of the relevant Enterprises can better participate.

China's reform and opening rites of passage

Accompanied by the emergence of the global financial crisis, the world would be a big turning point. This turn of the depth of the free market ideology than on the authority of the collapse, more than in the U.S. dollar at the core of the global financial order and the collapse of Reconstruction, but in countries all over the world will have to be out of the "end of history" dream, the real liberation Thinking, to rethink the future of human and national development. In the world of turning points of China's reform and opening up, recalling 30 years of history, there is no reason to believe that China's reform and opening up, the value is only conform to modern Western civilization, a universal law, as the global crisis, it means that the history of these so-called law To verify the results of a "great problem" means that when people look up to bow to the West, the modern Western civilization "universal law" very one-sided understanding. From the 1990s to the current drastic changes in Eastern Europe to the United States at the core of the international financial system crisis in 20 years, during the Cold War hegemony of the two has been one after another all-round encounter varying degrees of crisis, they are two different models of the failure of hegemony, today The Chinese people, in this world and no country has the ability to tell how the way we go. China must rely on our own to draw on the experience of the global search up and down, this is the fate of contemporary China, Chinese civilization is also in today's world should assume for the future of mankind to find new possibilities. We need to convert the light of the coordinate system, China will be 100 years of history to establish the coordinates of a key dimension of the former Soviet Union and the United States, two of the world's hegemonic crisis against the backdrop of summing up China's reform and opening up 30 years out of the extent to which China is conducive to a long-term stability of civilization and the revival of their own unique path of development, the Chinese think about the future of how to create a better self-development path. This departure from China's own history of the world's vision of the establishment of the basic needs of self-confidence. China in the global financial crisis has not affected too much, but it is not enough openness of the Chinese financial system as a result of "bad" Defu: China's opening up the financial issue was cautious because of China in the history of the 20th century practice China has accumulated a set of international financial order, capitalism attractive appearance and inner essence of knowledge, making China's policy makers to participate in the process of globalization have basic knowledge of the prudent decision and the basis of sense. China followed the United States on how to deal with the possible transfer of the crisis, how to make good use of the huge foreign exchange reserves of strategic resources, which will affect the 30 years of reform and opening up the accumulation of national strength, China's impact on the upcoming renewal of the international financial order The process will be what role, which is also 30 years since China's reform and opening up is facing the biggest test. The so-called Sanshierli, coincides with final exams this time of reform and opening up 30 years, is destined to become China's reform of the rites of passage. China turned up the key is to be content to be completely out of the mentality of apprenticeship, and must have the confidence to become an important participant in the sense of equality. Now the old order is crumbling and a new order to be a turning-point moment of renewal, not just confined to the old idea choose to do so under the order, it is necessary to defend its own interests, it is necessary to seize the crisis has been difficult to sustain the original order of the financial problems There are beyond the imagination of the old order of the solution. We look forward to China's reform and opening-up in this great 2008, this turn of the century mark and vigorously, real mature!

Americans do not like to do housework?

We have often heard this point of view, when the increase in income, people spend on housework time will be reduced. This appears to be a correct theory is weak. When we survey the average American family spent a week on housework time, they found different results. In my research, I will be home restrict the scope of work for cooking, cleaning and caring for the elderly and children, shopping and management of the entire family. Based on thousands of samples of the family, I found: In 2005, at the age of 18-64 year-old American women between the average weekly time spent on housework in 1900 than in the young 18 hours, however, the same age Men spend on housework time is an increase of 13 hours. As the children age and changes in the number of housewives and the rising level of education, from 1900-1965, at the age of 18-64 years old between the United States housewives (not working) spent a week at home to reduce the time of 6 hours . In addition, the use of electricity, running water and washing machines, increased domestic output and efficiency, but in 1965 did not make time for housework significantly reduced. So far in 1965, housewives spent a week on housework time and a reduction of 7 hours. When added to our research for the elderly and children to show a complete family of the time spent on housework, and taking into account family size, we find that since 1900, U.S. households spent on housework time was not much Change. Although the time spent on housework has not changed, but the specific details of the home are significant differences. In the 1960s, a housewife in the cooking and laundry on the time spent on fewer, more shopping, and the drop in household management. Changes in the living environment of the home had a great impact. From 1900-1930, single working women spend about 7 hours a week doing housework, most of them live in an apartment or live in that parents, and parents to rely on the landlord to clean up the home. By 1965, they spent a week on housework time of up to 17 hours. By 2005, the data rose to 18.1 hours. In 2005 and not the work of the men spent 21.2 hours a week doing housework, in 1900 more than 9.3 hours. In addition, the income of family circumstances are different. Due to low-income families living in a small area, not varied diet is bread, sausage, salted fish and canned foods such fast-food products, so the home occupied by no more time. The middle and upper family has gone through the employment of a nanny and use of electrical household cleaning in two stages, when they are aware of the importance of a clean and healthy families, they do housework more time.

1,500,000 barrels of production / day and 80 U.S. dollars, "the bottom line of non-official"

The rapid fall in crude oil prices and the dual pressures of the global financial crisis, on October 24, 13 members of OPEC energy ministers gathered for emergency Vienna, just less than one hour to achieve a substantial reduction on the decision। Production agreement with effect from November, 11 members of the current total production quota 28,800,000 barrels / day will be cut off 1,500,000 barrels per day, which does not include the task of rebuilding Iraq and will withdraw from the OPEC organization in Indonesia. The output of program on the same day the crude oil market did not actually "effect." Beijing at 9:35 p.m. on October 24, London Brent crude prices in December settlement fell 6.4 percent to 61.7 U.S. dollars / barrel. This year on July 11 in international oil prices the highest point 147.27 U.S. dollars / barrel, the decline has reached 57%. "OPEC is also likely to continue in December to cut production, depending on market reaction." Qatar Oil Minister Abdullah bin Hamad al-Attiyah to the media after the meeting said. OPEC was originally scheduled for December 17 held in Algeria last year's Ministerial Meeting, which is also the rotating president of Al-Khalil, the outgoing session. Emergency production 1,500,000 barrels / day According to the Oct. 24 meeting decided that the OPEC's largest producer Saudi Arabia will be completed by 1 / 3 of the export cut targets, for 466,000 barrels, Iran, United Arab Emirates and Kuwait, were cut 199,000 barrels, 134,000 barrels and 132,000 Barrels. This time, the output or not, OPEC member countries do not have any differences. The only discussion of the core of what is to reduce the number. , Who is also Algerian energy and mines minister of the day before the Council in Al-Khalil has said that the current supply has exceeded demand for about 200 million barrels / day, "We are facing a recession, the decline in demand." He stressed. Iran is still promoting the production cuts, the maintenance of high oil prices force. Saudi Arabia is worried about the current situation of a move to cut production would lead to further adverse situation, appears to be indecisive. The International Energy Agency in the pre-warned that if OPEC cuts caused by rising oil prices, global economic slowdown led to the extension of the period, OPEC will be blamed. The London-based Center for Global Energy Studies, deputy director of the Leo Drollas told our reporter, Iran and Venezuela to maintain the budgetary needs of the domestic oil prices more than 80 U.S. dollars / barrel, Saudi Arabia, the bottom line is 65 U.S. dollars / barrel. "Hard to imagine that they will make a decision so fast!" Live in a French television correspondent said. Outside the processing line up a lot of professional people and the media, too late to even approach the holder, is considered the original will last until the afternoon session had been rushed to an end. At the September session of the 149th ministerial meeting to request member states to maintain the original production - equivalent to the market at that time to reduce the supply of 500,000 barrels / day issues, but also because the parties to a dispute over point of view, led to the original Scheduled a news conference postponed time and again. Followed by the global financial tsunami struck, to accelerate the decline in oil prices, OPEC had decided on November 18 held an emergency meeting to discuss countermeasures, after the urgency of the situation, the meeting was once again ahead of time. The last time OPEC decided to cut official quotas in December 2006, at the time decided in February 2007 to cut 500,000 barrels a day. However, OPEC oil production cuts to defend the move is not always effective. In 1998, OPEC has decided to reduce daily output of 2,500,000 barrels per day, but failed to prevent the continued decline in oil prices at that time. For this to make the decision to cut, OPEC rotating president of Al-Khalil (Chakib Khelil) after the press conference that the move to reduce the stability of oil prices will be "100 percent effective." However, the same day the international oil price has continued to decline. To this time, London Brent crude prices in December fell 6.4 percent Clearing, is about to thoroughly to 60 dollar / barrel in the vicinity. Analysts believe that the reduction in international oil prices did not appear warmer, on the one hand, was due to have been expected before the meeting and digested by the market; the other hand, the downward trend in the overall economic trends, OPEC's de facto control chips also appear to be Can not afford. Europe and Russia 80 U.S. dollars to defend the bottom line?
It is worth mentioning that OPEC Secretary-General Badri (Abdalla Salem El-Badri) in this emergency meeting, 21, made a special trip to fly to Moscow to visit, which will include a meeting with Russian President Vladimir Medvedev, the outside world to pass a means The deal signals. Russia and OPEC's total oil production accounted for half of global output, the outside world believe that the two sides are seeking closer cooperation. "Russia is an important oil-producing countries, OPEC is able to cooperate with them in many ways the partnership," Badri earlier in an interview that "OPEC and Russia need to exchange information and enhance mutual consensus, which Help balance the market. " In September OPEC to convene the first session of the 149, Russia 10 years to send observers to the highest specifications representatives Sechin Russian Deputy Prime Minister (Igor Sechin) to attend in person, it is proposed to strengthen the country and the deepening of cooperation between OPEC and said the relevant memorandum of understanding OPEC leaders have submitted the draft. Sechin and called on OPEC to establish a mechanism for regular coordination and exchange of information and market analysis and forecasting. Russia and OPEC members Iran and Qatar had been discussing the establishment of a similar international natural gas cartel OPEC. Oct. 22, Badri held in Moscow in the Third International Energy Week on the "Today the oil market and the challenges of the future" speech, stressed the importance of cooperation with each other, and accused Recently since the sharp decline in oil prices Is still the speculation caused by manipulation. "Oil prices next year may drop to the minimum 50 dollars / barrel." The Deutsche Bank on October 20 issued by the forecast, which has broken through the price of OPEC's bottom line. According to the International Monetary Fund (IMF) on the same day the report said, Iran needs this year, the average oil price reached 90 U.S. dollars per barrel in order to avoid a budget deficit, Iraq, Oman and Bahrain also need oil prices to reach 111 U.S. dollars, 77 dollars and 75 dollars to balance this year Budget. The meeting revealed some OPEC members to defend the 80 U.S. dollars / barrel determination, but did not become official said. "If oil prices fall below 70 U.S. dollars per barrel, many international oil projects will be postponed or canceled." Khalil warned this. He also called on Russia, Norway and Mexico and other non-OPEC oil producers, have joined the ranks of the production cut in order to help stabilize oil prices.