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The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government oil executive that the kingdom's crude oil reserves may have been overstated by as much as 300bn barrels – nearly 40%.

possibly as early as 2012 – global oil production would have hit its highest point. This crunch point is known as "peak oil".Husseini said that at that point Aramco would not be able to stop the rise of global oil prices because the Saudi energy industry had overstated its recoverable reserves to spur foreign investment. He argued that Aramco had badly underestimated the time needed to bring new oil on tap.One cable said: "According to al-Husseini, the crux of the issue is twofold. First, it is possible that Saudi reserves are not as bountiful as sometimes described, and the timeline for their production not as unrestrained as Aramco and energy optimists would like to portray."It went on: "In a presentation, Abdallah al-Saif, current Aramco senior vice-president for exploration, reported that Aramco has 716bn barrels of total reserves, of which 51% are recoverable, and that in 20 years Aramco will have 900bn barrels of reserves."Al-Husseini disagrees with this analysis, believing Aramco's reserves are overstated by as much as 300bn barrels. In his view once 50% of original proven reserves has been reached … a steady output in decline will ensue and no amount of effort will be able to stop it. He believes that what will result is a plateau in total output that will last approximately 15 years followed by decreasing output."

"Our mission now questions how much the Saudis can now substantively influence the crude markets over the long term. Clearly they can drive prices up, but we question whether they any longer have the power to drive prices down for a prolonged period."

The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying.The senior official claims the US has played an influential role in encouraging the watchdog to underplay the rate of decline from existing oil fields while overplaying the chances of finding new reserves.

John Hemming, the MP who chairs the all-party parliamentary group on peak oil and gas, said the revelations confirmed his suspicions that the IEA underplayed how quickly the world was running out and this had profound implications for British government energy policy.He said he had also been contacted by some IEA officials unhappy with its lack of independent scepticism over predictions. "Reliance on IEA reports has been used to justify claims that oil and gas supplies will not peak before 2030. It is clear now that this will not be the case and the IEA figures cannot be relied on," said Hemming."This all gives an importance to the Copenhagen [climate change] talks and an urgent need for the UK to move faster towards a more sustainable [lower carbon] economy if it is to avoid severe economic dislocation," he added.

Hundreds of thousands will take part in massive parades by civilians and the military, who have been drilled so thoroughly that soldiers are only permitted to blink once every 40 seconds. A dazzling half-hour firework display, using 300,000 shells, will surpass even the pyrotechnic splendour of last year's Olympics, organisers promise.As tanks roll through the heart of the city, and fighter planes zoom overhead, the People's Liberation Army will reveal 52 new types of weapon, including its latest nuclear missiles – all made in China.

Why did China, in the words of a UK-based analyst who also spent hours in heads of state meetings, "not only reject targets for itself, but also refuse to allow any other country to take on binding targets?" The analyst, who has attended climate conferences for more than 15 years, concludes that China wants to weaken the climate regulation regime now "in order to avoid the risk that it might be called on to be more ambitious in a few years' time".

China's growth, and growing global political and economic dominance, is based largely on cheap coal. China knows it is becoming an uncontested superpower; indeed its newfound muscular confidence was on striking display in Copenhagen. Its coal-based economy doubles every decade, and its power increases commensurately. Its leadership will not alter this magic formula unless they absolutely have to.

a wave of optimism crashed against the rock of global power politics, fell back, and drained away

OpRohingya on Sunday was extremely successful: not only did they trend No. 1 in the U.S., but they were also #3 in the U.K. and hit top 10 worldwide. For those who might dismiss this as slacktivism, we'd draw your attention to the fact that this morning a report on the Rohingya slaughters is on the front page of the Guardian, which has not previously covered the issue. Al Jazeera, the Qatari network, has covered the Rohingya issue a number of times, but it has yet to truly penetrate Western media, which is riding a wave of optimism since Aung San Suu Kyi was freed from her decades-long house arrest. Coverage on radical sites has been growing, but until the Twitter storm, there was virtually no coverage in what could be considered the Mainstream Media.  Tweets in the tweetstorm included the fax number to the CNN assignment desk (no joy there so far) as well as a live protest, livestreamed, in front of the CNN offices. The protesters were reportedly told by a CNN staffer that they "don't care" about the issue. The protest was, as all protests currently are, livestreamed. In a hearkening back to Tiananmen Square days, black faxes were sent to Burmese embassies, and numerous government sites including the office of the president were either DDoS'd or defaced. Instructions for the Twitterstorm, distributed on Pastebin, were unusually detailed, which certainly had an impact on their effectiveness. By laying out so many specific options, Anonymous maximized the chance that someone would feel connected enough to any specific one to tweet it, and by suggesting copy/paste tweets rather than retweets, Anonymous successfully gamed the Twitter system, gaining the top ranking. 

There is no threat of war on the Korean peninsula because the United States and South Korea have deterred the regime for over six decades, or so the thinking goes. And the occasional provocation from Pyongyang -- full of sound and fury -- usually ends with it blowing up in its face, signifying nothing. So why worry? Two reasons. First, North Korea has a penchant for testing new South Korean presidents. A new one was just inaugurated in February, and since 1992, the North has welcomed these five new leaders by disturbing the peace.

Second, North Korea crossed a major technology threshold in December, when it successfully launched a satellite into orbit. Though the satellite later malfunctioned, the North managed to put the payload into orbit with ballistic missile launch technology that is clearly designed to reach the United States. This development appears to validate former U.S. Defense Secretary Bob Gates's January 2011 claim that the regime was only five years away from fielding a missile that could threaten the continental United States. To make matters worse, Pyongyang conducted a third nuclear test in February, which appears to have been more successful than the previous two.

North Korea today can threaten all of South Korea and parts of Japan with its conventional missiles and its conventional military. The North can fire 500,000 rounds of artillery on Seoul in the first hour of a conflict. Stability has held for 60 years because the U.S. security alliances with South Korea and Japan make it clear to the North Korean leadership that if they attacked South Korea or Japan, they would lose both the war and their country. And, for half a century, neither side believed that the benefits of starting a major war outweighed the costs. The worry is that the new North Korean leader might not hold to the same logic, given his youth and inexperience.

Rather than usher in a new era of Chinese influence, Beijing's missteps have shown why it is unlikely to become the world's leading power. Even if it overtakes the United States to have the biggest economy in the world, which many economists believe could happen over the next decade, China will not dislodge Washington from its central position in global affairs for decades to come.

China's assertiveness is generating intense suspicion, if not outright enmity, among its neighbors. Its "peaceful rise" is not taking place in isolation. There may be echoes in today's Asia of the late-nineteenth century in Europe and North America, but this is the one critical difference. The United States came into its own as a great power without any major challenge from its neighbors, while Germany's ascent was aided by the collapsing Austro-Hungarian and Ottoman empires and Russian monarchy on its frontiers. China, on the other hand, is surrounded by vibrant countries with fast-growing economies, from South Korea to India to Vietnam, who all believe that this is their time, as well. Even Japan, after two decades of stagnation, still has one of the most formidable navies in the world, as well as the world's third largest economy. China's strategic misfortune is to be bordered by robust and proud nation-states which expect their own stake in the modern world.

On the economic front, Beijing is taking aim at another pillar of U.S. power: the dominance of the dollar. China is putting in place an ambitious long-term plan to turn the renminbi into one of the main international currencies. Chinese leaders often discuss the project in technical terms, about reducing currency risk for their companies, but they also do little to hide their frustration with the dollar's privileged status. One Chinese academic even likens the importance of the project to turn the renminbi into a major reserve currency to China's acquisition of a nuclear weapon in the 1960s. The politics of the currency plan are themselves an interesting sidebar to the over-hyping of Chinese influence. While American politicians have been worrying loudly about the risk of China owning so many Treasury bonds ("How do you deal toughly with your banker?" Hillary Clinton asked at a private lunch with then Australian Prime Minister Kevin Rudd in March 2009) China has been fretting about how little leverage its U.S. bond holdings give it. The desire to dethrone the dollar is partly rooted in China's frustration that it has absolutely no influence over the Federal Reserve. And yet it has few options other than buying American debt, because the U.S. Treasury bond market is the largest and most liquid in the world.

Western governments have treated the problem of growing Islamist extremism across North Africa as one of "terrorism". David Cameron has talked of an "existential struggle", warning it will take decades to defeat.But in reality, the rebels' earlier successes had less to do with hardline jihadist doctrine than with organised crime and drug smuggling. There is strong evidence, moreover, of collusion between the previous and possibly current Mali government and radical Islamist groups.In recent years, western nations have secretly paid millions of dollars in ransom to various Al-Qaida-allied factions for the release of kidnapped nationals. Since 2008, around 50 westerners have been abducted in the region. Eleven are still being held. The biggest beneficiary of this lucrative industry has undoubtedly been AQIM.It is this western cash – $40m to $65m since 2008 – that has enabled AQIM and other factions to capture the north. They bought weapons, especially after the ousting of Muammar Gaddafi, and political allies. The weapons facilitated their capture of Kidal, Gao and Timbuktu; the Malian army fled in disarray.

Since 2005-7, South American drug cartels have been using west Africa as a major transit route. Typically, the drugs arrive in small, dysfunctional west African coastal states, such as Guinea or Guinea Bissau, and are then shipped overland across the Sahel and Sahara to Europe. The route goes through Morocco, Algeria and Libya, often using ancient camel trails.

"It would be difficult for the [Mali] government to fully pursue AQIM, as there were a number of powerful and well-connected individuals who were profiting from Al-Qaida's smuggling activities."

Thursday's raid, the paper said, proved that Britain was motivated by "nostalgia for its imperial glory," that prompted it to act unilaterally. Its treatment of Italy showed it treated the country as "hardly reliable".

The internet may have significantly changed the working patterns of people like you and me, but we are in a tiny minority. For most people, its effect is more about keeping in touch with friends and looking up things here and there. Economists have found very little evidence that since the internet revolution productivity has grown.

By liberating women from household work and helping to abolish professions such as domestic service, the washing machine and other household goods completely revolutionised the structure of society. As women have become active in the labour market they have acquired a different status at home – they can credibly threaten their partners that if they don't treat them well they will leave them and make an independent living. And this had huge economic consequences. Rather than spend their time washing clothes, women could go out and do more productive things. Basically, it has doubled the workforce.

we overestimate the internet and ignore its downsides. There's now so much information out there that you don't actually have time to digest it.In another chapter of the book, I talk about the American economist Herbert Simon, who argued that our problem now is that we have limited decision-making capability rather than too little information. If you try to find something on the internet, it's a deluge. And in terms of productivity, the internet has its drawbacks – for example, it makes it a lot easier to bunk off work.

Russian prime minister condemns cable describing him and President Dmitry Medvedev as Batman and Robin

we didn't suspect that this would be done with such arrogance

Turkey's prime minister today accused US diplomats of slander after other leaked cables said he had accounts in Swiss banks, painted him as an authoritarian who hates Israel and said he leads a government with Islamist influences.