... interests on their national debt that the net loss from selling less product would be unbearable in the short run, even if it may yield better returns in the long term. Some others would instead benefit, but deliberately chose not do so, most notably Saudi Arabia. Countries belonging to this group may be employing this strategy to gain a competitive advantage over a broader time horizon. If you are interested in an in-depth analysis I refer you to my previous article A Chess Match for the Control ...
... since WWI, what will America do now?
Going forward, here’s what we can expect:
1.) America will try very hard to distance itself from the Gulf.
It’s amazing that it’s taken us so long to realize how much our money going into Saudi Arabia, Qatar, and other Gulf states comes back to haunt us: though Joe Biden recently got in trouble for saying so, support for ISIS and other Islamic extremists and terrorists from very wealthy individuals motivated by the Saudi state-sponsored ...
... into the excess of offer, which inevitably led the price to decline and eventually drop dramatically, since the onset of the crisis around June 2014.
One key aspect is that producing countries, and notably OPEC's highly influential member Saudi Arabia, refrained to cut their output, which has inevitably aggravated the situation.
There are currently two theories trying to make sense of the position of Saudi Arabia, that I will analyze in a moment. Both of them are reasonable, and non ...
... in prices is fraught with unexpected consequences.
Conspiracy, the laws of the market, and the oil weapon
When everything is so bad, conspiracy theories are the simplest explanation. What they boil down to is the idea that the USA and its OPEC ally Saudi Arabia have taken a political decision to bring about a collapse in prices in order to weaken Russia for acting, as they see it, too independently in the international arena, especially in Syria and Ukraine.
diepresse.com
Sami Faraj, President of ...
In what is being branded as an effort to provide palliative assistance to reduce hunger and boost democracy building living standards Jim Yong Kim, president of the World Bank and Ban Ki Moon, secretary general of the United Nations, have launched a plan that expands the strategically significant “Horn of Africa” to encompass 18 percent of the total continent.
Their recent trip to Addis Ababa and Mogadishu to buzz up the project was reported with optimism by major western media and...
...
Henry Kissinger, who commended RIAC members during discussions a few months ago, recently posited that Iran is a bigger threat than ISIS because, as a political and religious institution, it has been around longer, and has long held the goal of removing Saudi Arabia as the center of world Islam.
Days before that statement, in a Wall Street Journal teaser article promoting his new book, Kissinger warned that the current world order is collapsing. He used the word “governance” several times ...
... gets ransoms from kidnappings. But that’s not enough to maintain its men and buy arms.”
With ISIL’s growing independence, comes a shrinking ability to control the organization from the outside. This new development actually prompted Saudi Arabia to adopt a stronger stance against the terror group, even though it was keen a few months ago to use its men against President Bashar Al Assad in Syria.
In a rather ironic turn of event, the very warnings which President Al Assad issued ...
Amid yet more reports of grave human rights violations against Bahrain Shia community, a rather worrying development has come to light in the kingdom island as King Hamad bin Issa Al Khalifa is attempting to sow discord amid the Christian and Shia Muslim community, intent on pitting two friendly and traditionally peaceful communities against each other, to serve his own personal political gain.
Earlier this month local media in Bahrain confirmed that King Hamad had decided to grant the Roman Catholic...
... Times in an article dated March 31st. The ECFR, which has called for a greater role for Al Qaeda in Algeria to “promote democracy,” is funded mainly by George Soros.
The New York Times sourced Levy about the latest attempt by Israel and Saudi Arabia to cooperate on a casus belli project involving their common enemy, Iran.
This budding activity has “mission creep” written all over it. Tel Aviv and Riyadh are frustrated by the codependency that’s a consequence of longstanding ...
Relations within the Iran-United States-Saudi Arabia triangle
The civil war in Iraq is raging on – local Sunnis have risen up against the Shiite authorities. The causes of the uprising lie in the Sunni elite’s resentment of its position in the country and in the role played by ...
