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tdford333

Al-Qaeda franchise in Yemen exploits chaos to rebuild, officials say - The Washington Post - 0 views

www.washingtonpost.com/...4-ba28-f2a685dc7f89_story.html

shared by tdford333 on 12 Apr 15 - No Cached
  • Al-Qaeda franchise in Yemen exploits chaos to rebuild, officials say
  • Elite Yemeni units that the United States trained to hunt al-Qaeda have been scrambled by the government’s collapse. And millions of dollars’ worth of U.S.-provided military equipment has been destroyed in a span of days by Saudi airstrikes aimed at rendering those arms useless to the Iran-backed rebels who control the capital.
  • The vacuum, U.S. officials say, appears to have allowed al-Qaeda in the Arabian Peninsula to focus on rebuilding its strength after years of U.S. drone strikes against its leaders.
  • tdford333 on 12 Apr 15
     
    Millions of dollars of US provided military equipment has been destroyed by saudi airstrikes against the Houthi rebels. The power vacuum in the area has allowed AQAP to rebuild itself. U.S. officials said that the CIA's armed drones are still flying over Yemen, prepared to launch strikes against AQAP members.
  • tdford333 on 12 Apr 15
     
    Millions of dollars of US provided military equipment has been destroyed by saudi airstrikes against the Houthi rebels. The power vacuum in the area has allowed AQAP to rebuild itself. U.S. officials said that the CIA's armed drones are still flying over Yemen, prepared to launch strikes against AQAP members.
mwrightc

ISIS is broke, and only accepting payments in US dollars | New York Post - 1 views

nypost.com/...y-electric-bills-in-us-dollars

ISIS dollars payments war

shared by mwrightc on 17 Feb 16 - No Cached
  • blantonjack on 17 Feb 16
     
    Faced with a cash shortage in its so-called caliphate, the Islamic State group has slashed salaries across the region, asked Raqqa residents to pay utility bills in black market American dollars, and is now releasing detainees for a price of $500 a person. After America blew up Isis's money hideout, they have hit a skid with the money not coming in and the war still raging on.
  • mwrightc on 18 Feb 16
     
    The US was able to commit such detrimental airstrikes to ISIS currency storage facilities that the "caliphate" is now cutting salaries. Millions of their finances have been drained since this attack.
ysenia

Sanctions Experts: Granting Iran Access to Dollars Endangers Global Banking System | Th... - 0 views

www.thetower.org/ndangers-global-banking-system

iran experts banking funding

shared by ysenia on 13 Apr 16 - Cached
  • ysenia on 13 Apr 16
     
    Mark Dubowitz and Eric Lorber explain why Iran should not have access to U.S. funding. It would allow for them to get away with bad behavior and put the U.S in even more binds.
kevinobkirchner

Wave of Patriotism as Egypt Raises $9 Billion for Suez Canal - NBC News.com - 0 views

www.nbcnews.com/...s-9-billion-suez-canal-n214681

egypt suez-canal al-sisi investment economy

shared by kevinobkirchner on 08 Oct 14 - No Cached
  • kevinobkirchner on 08 Oct 14
     
    Despite the hardships Egyptian citizens have endured in the last 4 years they have poured a collective 8.5 billion dollars into an upgrade of the Suez Canal, a long time symbol of national pride. Al-Sisi is planning to build a waterway parallel to the Suez Canal. Egyptians had the option to invest in the waterway by purchasing certificates with a guaranteed return. 82% of investments were from individuals instead of institutions and the canal is expected to bring in $2 to $5 billion in revenue over the next two to three years.
kevinobkirchner

Confirmed: Israel to Supply Gas to Egypt - Global Agenda - News - Arutz Sheva - 1 views

www.israelnationalnews.com/...186340

egypt israel gas tamar dolphinus

shared by kevinobkirchner on 21 Oct 14 - No Cached
micklethwait liked it
  • kevinobkirchner on 21 Oct 14
     
    In a 4 billion dollar deal an Israeli firm agreed to export natural gas to the Egyptian firm Dolphinus Holdings. 2.5 billion cubic meters gas will be exported from the Tamar offshore gas field in which US based Noble Energy owns 36%. The gas would be exported over the pipeline which Egypt had used to export gas to Israel before it was sabotaged 2 year ago. For more than a decade Israel had relied on Egypt for 40% of its gas under a 2005 export accord but Egypt annulled the treaty in April 2012 citing that Israel had not held up their financial obligation.
ysenia

Will IAEA be able to verify Iran's nuclear program? - Al-Monitor: the Pulse of the Midd... - 0 views

www.al-monitor.com/...n-compliance-nuclear-deal.html

iran IAEA nuclear program GAO

shared by ysenia on 24 Feb 16 - Cached
  • ysenia on 24 Feb 16
     
    IAEA is having difficulties cooperating with Iran to access nuclear sites. Shortened staff required and extra 10 million dollars to monitor the deal for the next 15 years.
joepouttu

ISIS 'minister of war' likely killed in US airstrike in Syria, defense official says | ... - 0 views

www.foxnews.com/...ria-defense-official-says.html

ISIS Airstrike US

shared by joepouttu on 09 Mar 16 - No Cached
  • joepouttu on 09 Mar 16
     
    ISIS's Minister of War, who had a 5 million dollar bounty on his head, was likely killed by a US airstrike near Al-Shadaddi in Syria. This will hopefully lessen the violence as peace talks near.
sambofoster

Women's roles in Iran society are evolving as divorce rates soar - Middle East - 0 views

www.haaretz.com/...1.622113

Women Divorce Middle East

shared by sambofoster on 23 Mar 16 - No Cached
  • sambofoster on 23 Mar 16
     
    REUTERS - Weddings in Iran have long been an over-the-top affair with families spending thousands of dollars to celebrate a union. But now some couples are splurging on an entirely different sort of nuptial celebration: a divorce party. Local media outlets and blogs have been abuzz for months about lavish parties, complete with sarcastic invitations and humorous cakes, for couples splitting up.
allieggg

The U.S. Is Giving Up on Middle East Democracy-and That's a Mistake - The Atlantic - 0 views

www.theatlantic.com/...282890

middle east democracy institutions Bush Obama Congress

shared by allieggg on 29 Sep 14 - No Cached
  • democracy assistance to the region, which will drop from $459.2 million to $298.3 million
  • Today’s Middle East is a product, at least in part, of failed democratization, and one of the reasons it failed was the timid, half-hearted support of the Obama administration.
  • the significant impact Western leverage and “linkage” can have on democratic transitions.
  • ...8 more annotations...
  • “it was an externally driven shift in the cost of suppression, not changes in domestic conditions, that contributed most centrally to the demise of authoritarianism in the 1980s and 1990s.” They find that “states’ vulnerability to Western democratization pressure… was often decisive.”
  • it is also worth noting that President Bush acknowledged the existence of a “tyranny-terror” link—the notion that the root causes of extremism and terrorism can be found in the region’s enduring lack of democracy.
  • What is needed are more systematic reforms focused on fundamental institutions. These include things like constraining the military’s role in civilian domains of governance, deep reform in the security and justice sectors including law enforcement and policing, and comprehensive “renovation” of the civil service sector. These are large-scale, long-term, and expensive undertakings that far transcend the modest parameters of most U.S. democracy promotion programs.
  • We argue that the U.S. and its partners now need to consider a very different approach to Middle East democracy assistance.
  • Conventional democracy promotion activities tend to focus on the process and “retail” aspects of democratic politics—things like elections, political party training, get-out-the-vote (GOTV) campaigns, and civil society enhancement. While these are undoubtedly important, they are insufficient to deliver lasting reforms. Authoritarianism in the Arab world has proven time and time again—even in supposedly post-revolutionary settings such as Egypt today—that it can weather the annoyances of elections and civil society.
  • the administration’s approach to the region is characterized almost entirely by ad-hoc crisis management and traditional counterterrorism approaches. Its one larger-scale reform initiative—a half-hearted proposal for a
  • we make the case for a new Multilateral Endowment for Reform (MER) that would tie significant levels of financial assistance—in the billions of dollars—to reform commitments and benchmarked implementation performance by partner nations.
  • provide a real incentive for countries to embark down a path to deeper and more enduring political reforms while retaining the ability to pull back funding if they do not deliver.
  • allieggg on 29 Sep 14
     
    This article begins by illuminating the regional democracy assistance cuts that are dropping from $459.2 million to $298.3 million It explains that the Bush Administration began the quest for democracy in the Middle East, and the Obama administration has only continued in his footsteps. The author presents the viewpoint that the U.S. approach to Arab democratization has been in the form of "ad-hoc crisis management" rather than "large scale reform initiatives." Promoting democracy in the form of democratic politics are insufficient, elections and political parties have consistently proved to weather away and fester further civil strife. Consequently, the article proposes a new approach to the region conflict. This approach calls for "systematic reforms" focusing on basic institutions such as the civil service sector, justice and law enforcement, and the military's role in governance. The idea is that addressing these lacking departments in the arab world will eventually pave the way to a smoother democratic transition. 
wmulnea

The Isis economy: Meet the new boss - FT.com - 0 views

www.ft.com/...27-11e4-82c7-00144feabdc0.html

shared by wmulnea on 02 Mar 15 - No Cached
  • Iraq’s second city of Mosul looks like a model of success for its new rulers from the Islamic State of Iraq and the Levant
  • But in the back alleys, litter fills the streets. The lights stay on, but only because locals rigged up generators themselves. And under the blare of café televisions, old men grumble about life under Isis’s self-proclaimed caliphate.
  • “We’ve endured international sanctions, poverty, injustice. But it was never worse than it is now.”
  • ...16 more annotations...
  • Abu Ahmed at first welcomed the takeover by Isis,
  • Sunni Muslims in both countries have long felt discriminated against by regimes dominated by rival sects
  • without an economy that gives people a chance to make a living, many say Isis has little more to offer
  • “Compared to past rulers, Isis is a lot easier to deal with. Just don’t piss them off and they leave you alone,” says Mohammed, a trader from Mosul. “If they could only maintain services — then people would support them until the last second.”
  • “They’re operating like something between a mafia, an insurgency and a terror group. Maybe they thought six months ago they were going to function as a state. But they don’t have the personnel or manpower.”
  • the FT found its attempt at state-building has so far failed to win over locals.
  • volunteers handing out sacks of wheat stamped with their black and white seal. They even announced plans to issue a currency,
  • In some cases they say Isis takes credit for systems in place before it seized power. In others, locals say it is stealing the resources of the region it seeks to rule
  • Travellers must stock up on Iraqi dinars to use in Iraq, US dollars for the road and Syrian pounds once they arrive.
  • “I’m against Isis with all my heart,” Mahmoud says. “But I can’t help but admire their cleverness.”
  • Isis struggles to balance its books,
  • services continue to function because of the money Baghdad still pays to former civil servants in Mosul. Isis taxes those employees at up to 50 per cent of their salaries.
  • It is as if Isis is financing itself partly through a pyramid scheme, and this has begun to falter.”
  • Though many now question Isis’s economic management, its military prowess and organisational skills are clear.
  • Isis allows easy movement through its territories to facilitate trade. Trucks passing through are taxed about 10 per cent of the value of their cargo.
  • “I may be a Salafi, but I’m not an idiot,” he jokes.
jreyesc

How ISIS makes its millions - CNN.com - 2 views

www.cnn.com/...isis-funding

oil smuggling ISIS ISIL turkey

shared by jreyesc on 19 Nov 14 - No Cached
  • Oil-smuggling operations involving millions of barrels have recently been uncovered.
  • oil comes from wells and refineries that ISIS has taken over inside northern Iraq and northern Syria
  • until very recently it was easy to smuggle it into this quiet part of southern Turkey.
  • ...4 more annotations...
  • Turkey, just a half hour's drive away, gasoline costs roughly $7.50 per gallon
  • believes ISIS takes in millions of dollars a month.
  • how much the group spends -- is huge, including salaries, weapons and other expenses.
  • Besides revenue from oil smuggling, the group receives money through donations from wealthy sympathizers in countries including Qatar and Kuwait.
  • jreyesc on 19 Nov 14
     
    This article goes into specific into the way the Islamic State makes their money like oil smuggling. They talk about how IS is taking control of oil wells and refiners.
wmulnea

BBC News - Falling oil prices: Who are the winners and losers? - 0 views

www.bbc.com/...business-29643612

shared by wmulnea on 13 Feb 15 - No Cached
  • The reasons for this change are twofold - weak demand in many countries due to insipid economic growth, coupled with surging US production. Added to this is the fact that the oil cartel Opec is determined not to cut production as a way to prop up prices.
  • Russia loses about $2bn in revenues for every dollar fall in the oil price,
  • Russia has confirmed it will not cut production to shore up oil prices.
  • ...12 more annotations...
  • Venezuela is one of the world's largest oil exporters, but thanks to economic mismanagement it was already finding it difficult to pay its way even before the oil price started falling.
  • Saudi Arabia, the world's largest oil exporter and Opec's most influential member, could support global oil prices by cutting back its own production, but there is little sign it wants to do this.
  • There could be two reasons - to try to instil some discipline among fellow Opec oil producers, and perhaps to put the US's burgeoning shale oil and gas industry under pressure.
  • Saudi Arabia needs oil prices to be around $85 in the longer term, it has deep pockets with a reserve fund of some $700bn - so can withstand lower prices for some time.
  • were to force some higher cost producers
  • In the 1980s the country did cut production significantly in a bid to boost prices, but it had little effect and it also badly affected the Saudi economy.
  • Saudi Arabia, Gulf producers such as the United Arab Emirates and Kuwait have also amassed considerable foreign currency reserves, which means that they could run deficits for several years if necessary.
  • Islamic State, capturing oil wells. It is estimated it is making about $3m a day through black market sales - and undercutting market prices by selling at a significant discount - around $30-60 a barrel.
  • "The growth of oil production in North America, particularly in the US, has been staggering," says Columbia University's Jason Bordoff.
  • It has been this growth in US energy production, where gas and oil is extracted from shale formations using hydraulic fracturing or fracking, that has been one of the main drivers of lower oil prices.
  • "Shale has essentially severed the linkage between geopolitical turmoil in the Middle East, and oil price and equities," says Seth Kleinman, head of energy strategy at Citi.
  • With Europe's flagging economies characterised by low inflation and weak growth, any benefits of lower prices would be welcomed by beleaguered governments. A 10% fall in oil prices should lead to a 0.1% increase in economic output, say some. In general consumers benefit through lower energy prices, but eventually low oil prices do erode the conditions that brought them about.
fcastro2

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

www.bostonglobe.com/...story.html

syria plan war politics china russia the west

shared by fcastro2 on 23 Feb 15 - No Cached
  • 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
  • ...28 more annotations...
  • 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.
  • fcastro2 on 23 Feb 15
     
    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. 
mcooka

FRONTLINE/World I Pakistan: The Lost Generation I Watch Full Program Online I PBS - 0 views

www.pbs.org/...video_index.html

#Education #Middle East

shared by mcooka on 27 Jan 16 - No Cached
  • In Pakistan, public education has become a battleground. Members of Fatma’s local school council are outraged, saying the elite only care about themselves and keep the poor illiterate to stay in power.
  • Across town, another kind of school is functioning quite well. It has plenty of room and even provides free tuition and a hot meal. It is one of the country’s many madrassas, or religious schools, which are becoming an increasingly popular option for poor parents.
  • the Ministry of Education’s curriculum wing, the staff has been working on removing the militaristic tone of the curriculum. But the textbooks still include passages like these: “For the past three centuries the Europeans have been working to subjugate the countries of the Muslim world” and “The Christians and Europeans were not happy to see the Muslims flourishing in life. They were always looking for opportunities to take possession of territories under the Muslims.”
  • ...2 more annotations...
  • But ironically, others fear that the money will never reach the schools, anymore than the $100 million in U.S. aid over the past three years has.  Reformers believe the problems that Pakistani children face are so deep that money alone will not be enough to fix them
  • Just a few months ago, Paracha led a protest against the latest American aid package, which includes hundreds of millions of dollars earmarked for education reform. The religious parties say the United States. is using the aid to try to hijack Pakistani societ
  • mcooka on 27 Jan 16
     
    Education in Pakistan. The Threat to the elite and the poor illiterate suffering.
eyadalhasan

The newly elected Saudi king is throwing cash at his citizens - 0 views

www.businessinsider.com/ng-cash-at-his-citizens-2015-2

Saudi king Salman bin Abdulaziz Al Saud new king

shared by eyadalhasan on 01 Mar 16 - No Cached
  • eyadalhasan on 01 Mar 16
     
    The newly crowned monarch of oil-rich Saudi Arabia, Salman bin Abdulaziz Al Saud, who acceded to the throne last month following the death of his brother, King Abdullah, has given billions of dollars on his citizens in an extravagant celebration of his coronation.
eyadalhasan

Oil's Decline Takes Toll on Saudi Conglomerate - 0 views

www.wsj.com/...-saudi-conglomerate-1458773954

OIL Saudi economic

shared by eyadalhasan on 29 Mar 16 - No Cached
  • eyadalhasan on 29 Mar 16
     
    A construction conglomerate at the center of Saudi Arabia's petrodollar-fueled economic boom is teetering under billions of dollars of debt, bankers and financial advisers familiar with the matter said, showing the strain of cheap oil on the kingdom and its companies.
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