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ralph0

American strike kills ISIS prince in Aleppo - ARA News - 0 views

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    More successful attempts to disrupt the established territories of ISIS. This is news that another prominent member of the group was killed. Again, this was a US airstrike, showing that US involvement in the area is becoming more effective.
allieggg

Oil Extends Drop on Libyan Field Restart, OPEC Outlook - Bloomberg - 1 views

  • Libya should resume pumping “soon” at Sharara, its biggest-producing oil field prior to the disruption, following an attack yesterday, an official said.
  • “The Sharara disruption highlights the current chaos in Libya, and also how fragile the production is.”
  • climbed $1.49 to $78.68 a barrel yesterday.
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    This article basically highlights the significance of Libyan oil fields in terms of the international community. Chaos in Libya not only affects the eastern region, but all OPEC members and importers of crude oil across the globe. After the recent attacks on Sharara, the biggest field in Libya, production has significantly slowed down. Libya's elected parliament assures the global community that they will resume normal outputs soon, but as the country deepens further into civil war, international actors remain skeptical.
joepouttu

Syria conflict: Dozens killed near Sayyida Zeinab shrine - BBC News - 0 views

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    An attack claimed by the Islamic State killed dozens of people in Syria's capital of Damascus. This attack was aimed in disrupting the peace talks between the Syrian government and opposition groups that are currently beginning.
joepouttu

Al-Nusra militants in Syria shell Turkey to prompt return fire - Russian military - RT ... - 0 views

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    Al-Nusura fired mortars into Turkey, hoping to initiate a military response. Their goal is to disrupt the advances towards peace that are being made.
cthomase

ISIS 'sends large number of experienced terrorists to northern Libya - 1 views

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    This article is stating the obvious. ISIS is sending large numbers of terrorists into Libya to disrupt Libya's emerging oil market and hopes to dismantle it's soon to be UN backed unity government.
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.
wmulnea

Oil and Terror: ISIS and Middle East Economies - 0 views

  • ISIS's economic cost is significant not just for Iraq but also other Middle Eastern countries.
  • Iraq has the fifth largest oil reserves in the world and third highest in the Middle East after Saudi Arabia and Iran.
  • Part of ISIS's rise in Iraq can be attributed to sectarian politics.
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  • part of their dissatisfaction came from the distribution of oil revenues. 
  • The mismanagement of oil revenues is also manifest in Iraq's poor infrastructure
  • Though currently the Iraqi government has reserves and surplus funds, mounting expenditures and falling oil prices has economists to project that Iraq will run a deficit next year.
  • it is running a self-sustaining economy, making it the world's richest terror group.
  • Thankfully, 6 of 8 Iraq’s major oil fields lie in the Shia South, which is unlikely to come under ISIS control.
  • It sells crude at a steep discount, at a rate of USD $30 per barrel
  • Turkey runs a huge trade surplus with Iraq, which is likely to slow down dramatically due to lower demand from Iraq.
  • Jordan and Lebanon, which have both absorbed a large number of refugees.
  • Iran’s position seems to be the trickiest of all in that its interests align with those of the US in its fight against ISIS
  • Falling oil prices have definitely curtailed Iran’s ability to intervene without serious consequences for its economy. Iran needs oil prices well above USD $100 for it to balance its budget,
  • Any cooperation between Iran and the US over ISIS could lead to a gradual withdrawal of sanctions, which would allow Iran to sell its oil on the open market and generate revenue. The flip side is that Iran’s oil would surely depress oil prices further.
  • Saudi's allegiances have become muddled.
  • it finds its interests are aligned with those of Iran, a traditional foe, both of which are against ISIS.
  • Russia needs oil prices near USD $100 to balance its budget and Iran needs high oil prices to support its nuclear program.
  • Regionally, ISIS will disrupt and degrade the economy of several states, and that in turn may lead to further political chaos -- which is precisely ISIS's goal.
amarsha5

DEA: Hezbollah drug money scheme disrupted - CNNPolitics.com - 0 views

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    The DEA caught Lebanese militant organization, Hezbollah, in an international drug operation that was helping to finance the terrorist network's operations in Syria. Hezbollah worked with South American drug cartels to smuggle the drugs via the bodies of expensive foreign sports cars being shipped internationally.
mcooka

Education is becoming an extremist battleground in Pakistan - The Washington Post - 0 views

  • The one year anniversary commemorations of the heinous attack on a Peshawar public school were barely over when gunmen once again went from classroom to classroom killing students and staff at a Pakistani university nearby.
  • n doing so, they are attacking the one area of Pakistani society where there is clear reason for optimism, as the growth of low-cost private schools in recent decades has given more and more young people, particularly girls, access to education.
  • aw revenge is clearly a motive as the Taliban protest against military bombings of their hideouts in the tribal areas.
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  • The Taliban has already been successful with this approach on other fronts. Their attacks on polio aid workers have proven effective in disrupting the country’s entire public health system
  • Together with Jishnu Das of the World Bank, we have been researching Pakistan’s education sector for nearly 20 years.
  • Girls in particular have benefited from this school boom: more are in school than ever.
  • Research shows that the education debate in Pakistan is similar to the education debate in any other country: parents grapple with a choice of schools based on the usual set of considerations: Which of the schools nearby is best? How much should we pay? Is our child getting the best quality education?
  • But education is a unique service – not only because it involves a country’s most precious resource, its children – but also because, by increasing human capital, it strengthens the state not only in the present, but in the future.
  • As we speak, many schools are announcing temporary closure of facilities in the aftermath of the latest attack
csherro2

Turkey's 'provocative' military actions could jeopardize Syria ceasefire - Russian mili... - 0 views

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    Turkey's "provocative" military buildup on the border and shelling of the Syrian territory could thwart the truce and disrupt the peace process in the Arab Republic, said the head of the Russian ceasefire monitoring center Lt. Gen. Sergey Kuralenko.
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