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mjumaia

A more competitive Saudi middle class - 0 views

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    While it seems that the country is doing great on a national level, many local and international economic observers have showed their fear over the impact of changes that are affecting Saudi society. The stereotype about Saudi Arabia thats everybody is rich but not really. Saudi Arabia has middle class that struggle sometimes.
fcastro2

Syria keen on Russian expansion in Middle East - Al-Monitor: the Pulse of the Middle East - 0 views

  • Syria has called on its Russian ally to expand in the Middle East, by expanding its small pier in the city of Tartus and turning it into a base
  • This has coincided with Saudi Arabia leading a coalition against Ansar Allah in Yemen, with a cover by the United States
  • meeting with a group of Russian journalists March 27, and in response to a question on Damascus’ desire to see a wider Russian activity in the Middle East, Syrian President Bashar al-Assad said he certainly welcomes “any expansion of Russian presence in the Eastern Mediterranean, precisely on the Syrian shores and ports.
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  • Assad said: “The Russian presence in different parts of the world, including the Eastern Mediterranean and the Syrian port of Tartus, is very necessary, in order to create a sort of balance, which the world has lost after the dissolution of the Soviet Union more than 20 years ago.
  • Syrian president welcomed the Russian presence in his country and the region. “For us, the stronger this presence is in our region, the better it is for stability [in the region], because Russia is assuming an important role in world stability,”
  • Syrian nod is only a repetition of a former call made under the rule of late Syrian President Hafez al-Assad, who saw that the presence of a Russian military representation in Syria in the Mediterranean region contributes to the promotion of the idea of “the balance of terror” against Israel and the United States
  • The talk was, however, halted, until the last two years, when an actual need to promote Russian presence in the Mediterranean emerged in light of the reignition of the Cold War.
  • deployment of missile systems on the Mediterranean coast, as a sort of “symbolic deterrence.” The rumors were repeated as the NATO missile defense project was announced, which was supposed to be deployed in different countries, including Turkey and other countries bordering Russia
  • e US invasion of Iraq, as the US desire to change the face of the Middle East seemed free of any rational considerations. Assad made several visits to Moscow, and although this has not been publicly mentioned, Syrian diplomats and officials stressed to As-Safir that Syria expressed its desire to expand the Russian presence in the Eastern Mediterranean, particularly through Tartus, so that it turns into a military presence with limited standards
  • , Russia and Syria signed the biggest deal of its kind to explore oil in the Syrian waters, which covers a 2,190 square-kilometer surface area, and to achieve economic ambitions, namely extracting 2.5 billion barrels of oil and 8.5 trillion cubic feet of proven gas reserves, the oil and gas magazine said back then
  • is understandable, without neglecting the importance of other political and military issue
  • “any decision to modernize the infrastructure of the Russian Material-Technical Support Point in Tartus can only be made after a political decision is taken in this regard, in coordination with the Syrian side.” He explained that any modernization should “take into account the political and military situation in the Mediterranean region,” and therefore “it will include the promotion of all sorts of protection in the facility, including surface-to-air missiles and anti-riots weapons, and will be in coordination with the Syrian side.”
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    Syria is determined to keep Russia in the loop when it comes to its presence in the Middle East. As the United States increases its presence so to those Russia and Syria claims that they encourage Russian presence solely to "keep the balance" in the Middle East. 
haitham10

Seven gunned down in Al-Ahsa terror attack | Arab News - Saudi Arabia News, Middle East... - 0 views

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    On april 4th 2014
micklethwait

Deal finalized to place gas import terminal in Ain Sokhna | Mada Masr - 0 views

  • Deal finalized to place gas import terminal in Ain Sokhna
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wmulnea

How ISIS Is Wrecking Iraq's Biggest Industry - Business Insider - 0 views

  • The Islamic State has taken over several oil-producing areas in Iraq and Syria, raising fears that the group could leverage its hydrocarbon wealth to the point of economic self-sufficiency.
  • ISIS is indeed producing between 25,000 and 40,000 barrels of oil a day
  • about as much as Poland, Germany, or New Zealand.
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  • its oil is of poor quality, and ISIS is likely having trouble transporting it.
  • ISIS is only capable of moving its oil by truck, suggesting that the group hasn't mastered the use of northern Iraq's oil pipeline system.
  • Some experts have estimated that ISIS brings in up to $3 million in revenue each day.
  • Ben Lando of Iraq Oil Report told the Post that ISIS's daily revenue might actually be as low as $250,000 a day.
  • Iraqi fields "are so small and the crude of such poor quality that international companies did not bid to develop them
  • ISIS, which nearly seized a refinery outside of Baghdad in June, is interrupting the one industry that makes Iraq viable not just as an economy, but as a political unit as well.
  • In 2012, the International Energy Agency predicted a nearly 500% increase in Iraqi oil revenue by 2020, and concluded that revenue would double during that period even in a worst-case scenario:
  • its ability to disrupt Iraq's leading industry denies the country of much of its economic potential while degrading vital infrastructure.
jsawin

IMF Fact Sheet - 0 views

shared by jsawin on 16 Feb 15 - No Cached
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    The International Monetary Fund and the World Bank were both created at an international conference convened in Bretton Woods, New Hampshire, United States in July 1944. The goal of the conference was to establish a framework for economic cooperation and development that would lead to a more stable and prosperous global economy. While this goal remains central to both institutions, their work is constantly evolving in response to new economic developments and challenges.
wmulnea

BBC News - Opec oil output will not be cut even if price hits $20 - 0 views

  • Danny Gabay of Fathom Financial Consulting told the BBC that the oil price fall was "overwhelmingly, predominantly, if not entirely, a demand shock.
  • International Monetary Fund (IMF) economists have speculated that the low oil price could boost the global economy by up to 0.7% in 2015.
  • Opec producers believe the oil price could return to about $70 or $80 by the end of 2015 as global economic recovery boosts demand.
jsawin

IMF Fact Sheet - 1 views

shared by jsawin on 16 Feb 15 - No Cached
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    The International Monetary Fund and the World Bank were both created at an international conference convened in Bretton Woods, New Hampshire, United States in July 1944. The goal of the conference was to establish a framework for economic cooperation and development that would lead to a more stable and prosperous global economy. While this goal remains central to both institutions, their work is constantly evolving in response to new economic developments and challenges.
fcastro2

A daring plan to rebuild Syria - no matter who wins the war - Ideas - The Boston Globe - 0 views

  • The first year of Syria’s uprising, 2011, largely spared Aleppo, the country’s economic engine, largest city, and home of its most prized heritage sites. Fighting engulfed Aleppo in 2012 and has never let up since, making the city a symbol of the civil war’s grinding destruction
  • Rebels captured the eastern side of the city while the government held the wes
  • , residents say the city is virtually uninhabitable; most who remain have nowhere else to go
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  • In terms of sheer devastation, Syria today is worse off than Germany at the end of World War II
  • ven as the fighting continues, a movement is brewing among planners, activists and bureaucrats—some still in Aleppo, others in Damascus, Turkey, and Lebanon—to prepare, right now, for the reconstruction effort that will come whenever peace finally arrives.
  • In a glass tower belonging to the United Nations’ Economic and Social Commission for Western Asia, a project called the National Agenda for the Future of Syria has brought together teams of engineers, architects, water experts, conservationists, and development experts to grapple with seemingly impossible technical problems
  • It is good to do the planning now, because on day one we will be ready,”
  • The team planning the country’s future is a diverse one. Some are employed by the government of Syria, others by the rebels’ rival provisional government. Still others work for the UN, private construction companies, or nongovernmental organizations involved in conservation, like the World Monuments Fund
  • As the group’s members outline a path toward renewal, they’re considering everything from corruption and constitutional reform to power grids, antiquities, and health care systems.
  • Aleppo is split between a regime side with vestiges of basic services, and a mostly depopulated rebel-controlled zone, into which the Islamic State and the Al Qaeda-affiliated Nusra Front have made inroads over the last year
  • The population exodus has claimed most of the city’s craftsmen, medical personnel, academics, and industrialists
  • It took decades to clear the moonscapes of rubble and to rebuild, in famous targets like Dresden and Hiroshima but in countless other places as well, from Coventry to Nanking. Some places never recovered their vitality.
  • Of course, Syrian planners cannot help but pay attention to the model closest to home: Beirut, a city almost synonymous with civil war and flawed reconstructio
  • We don’t want to end up like Beirut,” one of the Syrian planners says, referring to the physical problems but also to a postwar process in which militia leaders turned to corrupt reconstruction ventures as a new source of funds and power
  • Syria’s national recovery will depend in large part on whether its industrial powerhouse Aleppo can bounce back
  • The city’s workshops, famed above all for their fine textiles, export millions of dollars’ worth of goods every week even now, and the economy has expanded to include modern industry as well.
  • Today, however, the city’s water and power supply are under the control of the Islamic State
  • Across Syria, more than one-third of the population is displaced.
  • A river of rubble marks the no-man’s land separating the two sides. The only way to cross is to leave the city, follow a wide arc, and reenter from the far side.
  • Parts of the old city won’t be inhabitable for years, he told me by Skype, because the ground has literally shifted as a result of bombing and shelling
  • The first and more obvious is creating realistic options to fix the country after the war—in some cases literal plans for building infrastructure systems and positioning construction equipment, in other cases guidelines for shaping governanc
  • They’re familiar with global “best practices,” but also with how things work in Syria, so they’re not going to propose pie-in-the-sky idea
  • If some version of the current regime remains in charge, it will probably direct massive contracts toward patrons in Russia, China, or Iran. The opposition, by contrast, would lean toward firms from the West, Turkey, and the Gulf.
  • At the current level of destruction, the project planners estimate the reconstruction will cost at least $100 billion
  • Recently a panel of architects and heritage experts from Sweden, Bosnia, Syria, and Lebanon convened in Beirut to discuss lessons for Syria’s reconstruction—one of the many distinct initiatives parallel to the Future of Syria project.
  • “You should never rebuild the way it was,” said Arna Mackic, an architect from Mostar. That Bosnian city was divided during the 1990s civil war into Muslim and Catholic sides, destroying the city center and the famous Stari Most bridge over the Neretva River. “The war changes us. You should show that in rebuilding.”
  • Instead, Mackik says, the sectarian communities keep to their own enclaves. Bereft of any common symbols, the city took a poll to figure out what kind of statue to erect in the city center. All the local figures were too polarizing. In the end they settled on a gold-colored statue of the martial arts star Bruce Lee
  • “It belongs to no one,” Mackic says. “What does Bruce Lee mean to me?
  • is that it could offer the city’s people a form of participatory democracy that has so far eluded the Syrian regime and sadly, the opposition as well.
  • “You are being democratic without the consequences of all the hullabaloo of formal democratization
  • A great deal of money has been invested in Syria’s destruction— by the regime, the local parties to the conflict, and many foreign powers. A great deal of money will be made in the aftermath, in a reconstruction project that stands to dwarf anything seen since after World War II.
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    While it is still unclear as to who will win the Syrian conflict, there are people who are already looking towards the future and a better Syria. Plans are being made but, of course, these plans will entirely depend on who wins the war. 
ajonesn

How Egypt is keeping its women trapped in zombie society - Your Middle East - 0 views

  • he majority of families would rather have their daughters in an unfulfilling, even miserable marriage, convinced that she will somehow find a magical way to adapt, than see her alone
    • diamond03
       
      This is so sad and disturbing!
  • Female independence is looked down on,
  • true religious scholars are the first to reject any form of overt or clandestine female oppression
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  • there is hope
  • intellectual women today stand in solidarity
  • woman's marital status is mutually exclusive from her value and right to lead a healthy, fulfilling life of her own.
  • suffering economy
  • women
  • society
  • spinsterhood
  • marriage in Egypt really means.
  • trapped
  • declining marriage rate in Egypt,
  • “transforming her into a commodity for the highest bidder.”
  • family to be the pillar of one's success
  • pros and cons,
  • codependence is highly favorable in the Middle Eas
  • typical Egyptian female's life, is to pursue an auspicious college degree
  • regarded as a supporter or sidekick,
  • “...an archaic notion that defines a woman's value by her husband's status”
  • improve her chances of finding a proper suitor
  • lifelong purpose of securing a husband.
  • he standard sequence of events for a typical Egyptian female's life, is to pursue an auspicious college degree (to improve her chances of finding a proper suitor, and assist her future children with their studies), possibly add to her assets by acquiring a mediocre job for a year or two (under the pretext of killing time and elevating her practical wisdom), and eventually fulfill her lifelong purpose of securing a
  • ones who suffer are those who can't find a “star.”
  • pressure from three distinctive sources
  • their rights and full potential, desperately seeking approval before they reach their “expiration date.
  • “Stepford wife model”,
  • incompatible matc
  • transforming her identity, s
  • driven towards more extreme measures.
  • parents employing psychological abuse
  • subject to such scrutiny
  • generation of women
  • oblivious t
  • conforming comes naturally to a lot of women,
  • On one hand
  • (parents-peers-society
  • quoting religious commandments promoting marriage,
  • coerce their daughters
  • into submission
  • threat of eternal damnation
  • (should she fail to perform this role and still wishes to enjoy her life then she will have indeed committed sacrilege and is a covertly regarded as a disgrace regardless of any other achievement)
  • peer-pressure;
  • still under the impression that exceptions do not exist .
  • 25-40
  • “business marriages”
  • Egyptians have a problem with evolution
  • persecute anomalies
  • educated middle class that crowns the highest rate of unmarried wome
  • women can hardly take care of themselves and that is the norm.
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    I enjoyed this article because it uses terminology that is not typically associated with this topic. The author compares Egyptian women to zombies, stating that they must "play-dead" or be "obliterated and shunned."
aavenda2

Saudi Arabia's Plan to Extend the Age of Oil - 0 views

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    An extremely detailed article about the current state of Oil and Saudi's decisions direct effects.
aavenda2

Oil prices edge up in Asian trade extending earlier gains - 0 views

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    More speculation about oil prices and contracts with Asia as oil productions continue to increase with little proof of future demand in oil
aavenda2

Iran's return to market to delay oil price recovery | Economy | Saudi Gazette - 0 views

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    Iran's return in the oil market leads to new consequences for current producers, and consumers of oil. Including Saudi Arabia
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