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mjumaia

GCC economies to remain resilient to lower oil prices - 0 views

gulfnews.com/...-to-lower-oil-prices-1.1423830

GCC Gulf Cooperation Council Economy Dubai Kuwait Bahrain Qatar UAE Oil Oil Price

shared by mjumaia on 25 Feb 15 - No Cached
  • mjumaia on 25 Feb 15
     
    This article illustrate how the GCC countries have huge impact in each other economies. also different country economy has different resistance to oil price change.
malshamm

Kuwait joins Gulf allies in banning travel to Lebanon - 1 views

www.aljazeera.com/...l-lebanon-160224161730185.html

shared by malshamm on 24 Feb 16 - No Cached
  • malshamm on 24 Feb 16
     
    Kuwait and Qatar joining GCC to cut relationship with Lebanon and Prevented their people from traveling there. all is that happened when the GCC felt that HUZBALLAH militia taking the country's control.
jherna2a

The Breakdown of the GCC Initiative | Middle East Research and Information Project - 0 views

www.merip.org/...breakdown-gcc-initiative

Yemen Houthi Iran war

shared by jherna2a on 09 Mar 16 - No Cached
  • jherna2a on 09 Mar 16
     
    This article takes a closer look at the Houthis and the malapropisms found in the media when reporting on the war. For example, the war is often simplified to Shi'i vs. Sunni when, in reality, not all Houthis' enemies are Sunni.
mjumaia

As Oil Prices Fall, Who Wins And Who Loses? - 0 views

www.npr.org/...es-fall-who-wins-and-who-loses

OPEC Saudi economy oil Oil Prices Fall GCC Iran

shared by mjumaia on 28 Apr 15 - No Cached
  • mjumaia on 28 Apr 15
     
    This is one likely reason the Saudis have been willing to pump oil at high levels even though that's contributing to low prices. The Saudis publicly cite a business motive, saying they want to maintain their current share of the oil market. But the Saudis are also well aware that low prices mean less money for archrival Iran.
allieggg

Revisiting the Libyan War | The American Conservative - 0 views

www.theamericanconservative.com/...revisiting-the-libyan-war

shared by allieggg on 23 Nov 14 - No Cached
  • I do not in any way regret my support for that intervention, which saved many thousands of lives and helped to bring an end to a brutal regime. Still, it is impossible to look at Libya’s failed state and civil war, its proxy conflict and regional destabilization, and not conclude that the intervention’s negative effects over the long term outweigh the short-term benefits.
  • left Libya without a functioning state and little solid ground upon which to build a new political order. The likelihood of such an outcome should have weighed more heavily in my analysis.
  • My hope had been that the intervention would act to restrain other autocrats from unleashing deadly force against protesters and encourage wavering activists to push forward in their demands for change. Unfortunately, this only partially panned out and had unintended negative effects.
  • ...4 more annotations...
  • No government that bordered on Libya wanted outside intervention, presumably because they feared that they would be adversely affected by it. The Arab governments that most wanted the war were the ones least likely to suffer from its ill effects. The fact that authoritarian GCC governments supported this “humanitarian” intervention should have been a reason to be very wary of military action instead of being an argument in its favor.
  • The worst effects were on Syria. The Libya intervention may have imposed a certain level of caution on Syrian President Bashar al-Assad, leading him to search for just the right level of repression to stay beneath the threshold for international action.
  • Libya intervention almost certainly encouraged Syrian activists and rebels – and their backers in the Gulf and Turkey – in their hopes for a similar international campaign on their own behalf. That unintended moral hazard probably contributed to the escalation of Syria’s civil war.
  • Intervention in Libya was always likely to give protesters and rebels in other countries false hope that their plight would trigger outside intervention as well. The moral hazard may not have been intended, but it was there for all to see.
fcastro2

Putin brings China into Middle East strategy - Al-Monitor: the Pulse of the Middle East - 0 views

www.al-monitor.com/...-consequences-middle-east.html

putin china middle east syria strategy politics

shared by fcastro2 on 04 Feb 15 - No Cached
    • fcastro2
      fcastro2 on 04 Feb 15
       
      Russia & China's negotiations involving Syria
  • one of China’s main strategic regional projects was the economic region (or belt) of the 21st century Great Silk Road and the Maritime Silk Road, which intends to create a wide area of Chinese economic presence from China’s western borders to Europe
  • clearly comprises the countries of Western Asia (i.e., the Middle East)
  • ...22 more annotations...
  • Chinese leader opened the Sixth Ministerial Meeting of the China-Arab Cooperation Forum on June 5 in Beijing
  • energy cooperation; infrastructure construction and creation of favorable conditions for trade and investment; and high-tech domains of nuclear energy, the space rocket sector and new energy sources
    • fcastro2
      fcastro2 on 04 Feb 15
       
      China & Arabian cooperation
  • suggested that the creation of a free trade zone between China and the Gulf Cooperation Council (GCC) be accelerated
  • China supports the peace process and the establishment of an independent Palestinian state within the borders of June 4, 1967, with East Jerusalem as its capital, "enjoying full sovereignty."
  • , why shouldn’t Russia and China in the current situation — given the proximity of their interests and positions — undertake joint initiatives to unblock the peace process, while initiating steps to "introduce this activity within an institutional framework?
  • , the unilateral efforts by US Secretary of State John Kerry to promote the Israeli-Palestinian peace process are not bearing fruit
  • Russia is interested in using this unprecedented convergence with China in its operations on the Middle East arena, where Moscow has in many ways already been acting in unison with Beijing
  • , the Middle East Quartet is one of few international platforms where Russia can constructively engage with the United States and the EU
  • China's growing economic cooperation with Arab countries not a cause for concern in Moscow, but it is also viewed in a very favorable light
  • will not one day replace the United States as the security guarantor for the transportation routes of these resources
  • Moscow’s and Beijing’s interests converge in the joint countering of terrorism, extremism and separatism
  • . Among the militants from radical groups fighting against government troops in Syria, there are people hailing not only from Russia and Central Asia (fewer in numbers to those coming from Arab and Islamic as well as Western countries), but also from the Uighur minority in China.
  • recently, Beijing came under harsh criticism from Ankara for its actions in the Xinjiang Uighur Autonomous Region against the Uighur population, which the Turks believe to be their next of kin
  • . Disappointed by the failure of EU accession, the Turkish leadership has even started talking about the desire to join the SCO as an observer
  • Ankara expresses its willingness to cooperate with China in the fight against terrorists and condemns the separatism coming from some groups in Xinjiang
  • There is no doubt that a comprehensive strategic partnership, in which Russia and China would act in concert along the political consensus reached by their two leaders, would in the short term
  • According to both, this convergence is neither a union nor a tournament of predators, but a very pragmatic integrationist instrument of protection and projection of interests by the two powers, including in the Middle East.
  • the Middle East was not the focus of the talks between the two leaders
  • roughly 50 agreements ushering in a period of unprecedented convergence between the two countries
  • seems to allow the two parties to seek further coordination in their actions
  • Such consensus includes Syria, despite Beijing’s lesser involvement on this issue, relative to Moscow; Iran, within the P5+1 (the five permanent UN Security Council members plus Germany) negotiations with Tehran over its nuclear program; the fight against terrorism and extremism; the creation of a weapons of mass destruction-free Middle East; the condemnation of external intervention and the strategy of "regime change" as well as the push for "color revolutions;" the policy to reach a settlement in the Middle East; and relations with the new Egyptian regime and with respect to the Sudanese issues.
mjumaia

Al Jazeera vs Al Arabiya - 0 views

www.kippreport.com/...al-jazeera-vs-al-arabiya

Politics Qatar Saudi Arabia Media War Al-jazeerah Al-Arabyia

shared by mjumaia on 15 Apr 15 - No Cached
  • mjumaia on 15 Apr 15
     
    Here is the perfect article that explains the difference betweens Al Jazeera and Al Arabiya. It basically talks about how Qatar has used Aljazeerah to create media war against Saudi Arabia. They can't be in real war because they both in the GCC agreement which are they supposed to protect each others. Alarabyia has been established in Dubai and ruled by Saudi Royal prince only to compete with Aljazeerah. This article talks more in depth about these issue
amarsha5

How long can Saudi Arabia afford Yemen war? - Al-Monitor: the Pulse of the Middle East - 14 views

www.al-monitor.com/...ia-economic-repercussions.html

saudi yemen war economics

shared by amarsha5 on 07 Apr 16 - No Cached
  • long history of political animosity; this is a history that continues until our present day.
    • joepouttu
      joepouttu on 07 Apr 16
       
      "However, as Saleh continued to kill, these countries had no choice but to issue a forceful declaration to show that they were not in favor of Saleh's relentless, murderous campaign to ignore a civil war in Yemen." pg 128
  • Yemen's treasury was burdened by the costs of unification such as paying for southern civil servants to move to the new capital, Sanaa, and paying interest on its massive debt. On top of its other economic challenges, Yemen was to absorb the shock of 800,000 returnees and their pressure on the already weak job market. With their return, the estimated $350 million a month in remittances
    • joepouttu
      joepouttu on 07 Apr 16
       
      "My father had decided to leave Eritrea and return to Yemen, his homeland, after long years of exile..." pg 110
  • Civil war broke out in the summer of 1994 in what could be interpreted as a symptom of economic failure.
  • ...20 more annotations...
  • By 1995 the Yemeni government implemented a program of macroeconomic adjustment and structural reforms with support from the World Bank and the International Monetary Fund and reduced spending on defense and civil service and cut subsidies. The Yemeni economy started showing signs of recovery and stability.
  • Masood Ahmed, director of the IMF’s Middle East and Central Asia Department, wrote in 2012 that “fiscal sustainability will be an issue” for Gulf Cooperation Council countries. In its 2012 regional economic outlook, the IMF recommended to “curtail current expenditures while protecting the poor” as a response to the risk of declining oil prices.
  • Policies to cut spending were unlikely to be introduced in a monarchy like Saudi Arabia, especially after the Arab Spring, where tax-paying citizens along with non-tax-paying Bahrainis and next-door Yemenis went out on the streets to claim their rights in shaping the policies that govern their daily lives. The risk of people demanding more political rights was growing and cutting spending was not the optimal strategy for the kingdom.
    • joepouttu
      joepouttu on 07 Apr 16
       
      "The students of Sanaa were unique, marching straight out onto the street from their classrooms and chanting, 'The people demand the fall of the President and the regime.'" pg 126
  • As the kingdom continued its generous fiscal policy by providing more benefits to its citizens in response to the people’s dissatisfaction with the economic and political situation, it ran a deficit of 3.4% of GDP in 2014 due to a fall in oil revenues.
  • The kingdom's economic reforms of raising gas and diesel prices, cutting fuel subsidies in half and supporting the introduction of a GCC-wide value-added tax might ease the pressure of sustaining a war for nine months and perhaps longer. These structural reforms were long overdue and their introduction at this time is revealing.
    • amarsha5
      amarsha5 on 07 Apr 16
       
      CIG pg. 120 -> "We live in a world with many layers of linkages between countries. Nations will exchange goods and services through trade and will engage in cross-border investments from bank loans to setting up businesses. Each of these linkages can serve as a transmission mechanism in a time of crisis."
  • the political inclusion of the taxpaying citizen. It's a price the kingdom is now willing to pay, as we have seen Saudi women not only
  • and suffered an uprising fueled by anger at economic failure. The Saudi economy is trying to absorb
  • As they introduce revenue-collecting mechanisms, they should also reform mechanisms of capital transfer to the public to minimize the gap between the rich and the poor, as it is known that the poor are the most affected by tighter revenue-collecting policies. Otherwise, the Saudi war on Yemen will mark the beginning of an economic downturn that will surely spill over onto its political system in the long run.
    • joepouttu
      joepouttu on 07 Apr 16
       
      "So the young revolutionaries fight on, until all their demands are met and they are free to build their State: a state founded on social justice and equality between all citizens where Saleh's reign is just a page in the history books." pg 129
    • amarsha5
      amarsha5 on 07 Apr 16
       
      CIG pg. 116 -> "Globalization, in the shape of freer trade and multinational investments, has been generally a force for good and economic prosperity. But it has also advanced, rather than harmed, social agendas"
    • ccfuentez
      ccfuentez on 07 Apr 16
       
      But it became apparent that Saleh was not going to leave me to my own devices. He declared war in mid-1994, occupying the South and defeating the Socialist Party. Everything was finished, or so I believed. Its property stolen by the regime, the paper shut down, and once more I found myself broken, defeated and without hope. Worse, I was a known employee of the Socialist Party through my work at the paper. In the region where I lived agents for the regime had been hunting down and detaining anyone who had belonged to the Socialist Party or getting them fired from their jobs. Although I had not been a party member myself, just worked at a party newspaper, the regime made no distinction. My mother intervened, however, and hid me. She wouldn't let me out of the house. My mother always protects me.   (2013-12-31). Diaries of an Unfinished Revolution: Voices from Tunis to Damascus (p. 115). Penguin Publishing Group. Kindle Edition. 
    • atownen
      atownen on 07 Apr 16
       
      Civil War: in 1994 Jamal currently in high school, describes the times as a world, when the color of his skin would define him. The Civil War, "interpreted as a symptom of economic failure", was evident in the reading when Jamal described the lack of jobs as a college graduate, members of the socialist party were completely shut out when Saleh took the presidency, depriving hard workers the ability to integrate into the economy. 
    • ccfuentez
      ccfuentez on 07 Apr 16
       
      CIG Ch. 4 -> in relation to international rulemaking on fiscal policy -> is international intervention needed to contain and reverse financial crises in countries, esp. when it comes to the human rights and economic equality of citizens
    • mcooka
      mcooka on 07 Apr 16
       
      Relating to page 120 Sanaa could not find work after college. While his degree wasn't very fluid, he was unable to find work for about 5 years. He got into journalism which blacklisted him against the government. Now he is unemployed again. 
    • mcooka
      mcooka on 07 Apr 16
       
      This paragraph, while not highlighted, is important to the idea of globalization and why the war is not stopping. There is a flow of revenue from these oil prices that Yemen is reliant on, but they are also competing with countries that produce higher amounts of oil. This would have happened during the time Sanaa was in College writing scathing articles
    • mcooka
      mcooka on 07 Apr 16
       
       On page 113 around this time the author was working as a journalist for the newspaper. 
    • mcooka
      mcooka on 07 Apr 16
       
      Related to page 129 Sanaa is still living in hiding and in poverty. The animosity keeps him in fear. 
    • csherro2
      csherro2 on 07 Apr 16
       
      Market liberalization outlook
    • csherro2
      csherro2 on 07 Apr 16
       
      When Saleh came to power he and the leader of the southern part of Yemen, Salem al-Beid, agreed to coesxist as leaders of Yemen.  WIthin weeks of this in play, Saleh began to try to make the south his and this created the civil war.  
    • csherro2
      csherro2 on 07 Apr 16
       
      Jamal notes that the standard of living in Yemen was decreasing gradually the longer Saleh stayed in power.  
    • csherro2
      csherro2 on 07 Apr 16
       
      People, including Jamal, were writing about the Saleh regime and how they were upset with them.  
    • csherro2
      csherro2 on 07 Apr 16
       
      When Saleh's son was coming into power, Jamal saw that Yemen was moving towards a monarchy, realizing that his and the country's future was in the hands of an unqualified person.  
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