Oil price is likely to rise again. Russia and Norway, to key non-OPEC oil exporting countries, announced that they are prepared to cut their production quotas to stabilize oil prices. Russia could diminish its daily production by 150 thousands barrel. Norway should shrank its production by 200 thousands barrel. OPEC decided to lower its daily quotas by 1.5 mil. barrel from the beginning of January, however, its decision is conditioned by reduction in non-OPEC countries. Mexico and Oman, also standing outside OPEC, promised to cut its production by 100 thousands barrel respectively 40 thousands barrel respectively. Oil price sharply increased from 18.9 USD/barrel to 20 USD/barrel after announcement of possible production cuts.
Czech lower house chairman and opposition leader Vaclav Klaus expressed his disagreement with further integration of Europe in the European Parliament yesterday. His speech shocked members of the European Parliament and representatives of candidate countries. He said, that it is necessary to avoid the "creeping silent unification of the continent". Representatives of candidate countries did not support his proposals. Czech deputy Prime Minister Pavel Rychetsky said that Klaus's stance is a "throwing sticks on the way".
Minister of industry and trade Miroslav Gregr should deliver his designation because of delay in start up of the second block of the nuclear plant Temelin. The press department of his office released this statement yesterday. Opposition politicians and ecological organizations put this announcement down as a political game.
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