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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.  
allieggg

Islamists Aren't the Obstacle | Foreign Affairs - 0 views

www.foreignaffairs.com/...islamists-arent-the-obstacle

middle east democracy Islamists institutions egypt politics tunisia

shared by allieggg on 28 Sep 14 - No Cached
micklethwait liked it
  • A minority of the population -- 26 percent of Tunisians and 28 percent of Egyptians -- believes that Islam should play a large role in government.
  • Both secularists and Islamists associate democracy with economic prosperity
  • Islamist parties received considerable support in both countries' recent elections -- not only because there is a broad ideological affinity for Islamism among the population but also because of Islamist parties' effective campaigning.
  • ...10 more annotations...
  • When asked about the most important feature of a democracy, 69 percent of Egyptians and 32 percent of Tunisians put providing people with basic necessities or narrowing the gap between rich and poor at the top of their lists.
  • On a related note, Islamist parties have shown a remarkable ability to maintain their base.
  • Tunisia has fared better than Egypt so far in the post-Arab Spring transition, with less violence, fewer demonstrations, and greater political stability. This is in part because challenges are easier to confront in a country of only 11 million, 98 percent of whom are Sunni Muslim, compared to the more diverse and populous Egypt. But Tunisia's success is primarily a result of its stronger institutions, which provide a conduit for political debate.
  • Many onlookers claim that Egypt's more tumultuous post-revolution trajectory is because of the country's legacy of religiosity and Islamism.
  • Egyptians, in fact, are no more religious than Tunisians.
  • Egypt's institutions are weak and have been routinely undermined by entrenched interests. The countries' different geopolitical situations play a role here. Tunisia's minimal strategic importance means that foreign countries have less reason to intervene. But Egypt's proximity to Israel and the Palestinian territories, its 1979 peace treaty with Israel, and its role as an intermediary between Israel and Hamas make its political developments important to Israel and the United States. Consequently, Egypt is vulnerable to foreign interference, particularly to attempts to prop up its military. Furthermore, beyond serving as a pillar to Egypt's authoritarian regimes, the Egyptian military has significant business interests and accounts for ten to 30 percent of Egypt's gross domestic product.
  • Egypt's judicial branch, which is also more powerful than Tunisia's, has at times undermined democratic processes.
  • Egyptian Supreme Constitutional Court ruled that the Islamist-dominated parliament and the Constituent Assembly it elected were unconstitutional, because Islamist parties contested seats intended for independent candidates. The move polarized the country and pushed the executive branch to take extreme measures.
  • Egyptian democracy is undermined by the inability of institutions to address citizens' demands and the impulse of powerful actors to interfere, not by the divide between Islamists and secularists. Institutions in Egypt fail to provide a meaningful forum for debate. As a result, violent street protesters and extremist sheiks are gaining power.
  • U.S. policy must support institutions rather than actors, and processes rather than outcomes, in order to help Egypt and Tunisia achieve their democratic potential.
  • allieggg on 28 Sep 14
     
    The Council on Foreign Relations published an article about democratization in the middle east and the major obstacles that are present in the process. While most assume Islamists and Islamic embedded institutions are the root of the delayed democratic transition, the problems are much bigger than that. While Islamist regimes do indeed stunt the growth of democratic progress in terms of creating a stable government, Arab countries struggle with economic and social factors as well. The Arab Spring Revolutions have caused economic and social degradation across the region, resulting in a road block of political leadership. Without a reliable and capable government structure, the states are unable to progress economically. However, in order to have a stable government, social and economic institutions must be in place to create this capitalist economy that they strive for. Because most wealth resides in oil, the revenue that the states bring in isn't distributed properly throughout society and is concentrated within few business elites. The article stresses that instead of foreign aid going into the hands of an unstable leader or regime, it should be invested in institutions in order to spur economic growth and eliminate corruption. Rather than focusing on the Islamist-secularist divide, the world should be working towards the strengthening of institutions to create a stable foundation for governance. 
allieggg

http://mgt.guc.edu.eg/wpapers/005mohamed_hamdy2008.pdf - 2 views

DIIGO_FILE_HOME/4xj2f/byi0

watsa cronyism nepotism guanxi social norms middle east

shared by allieggg on 05 Oct 14 - No Cached
  • Jordanian survey, 87% of the respondents wanted to eradicate wasta.
  • Cunnigham and Sarayrah (1994) suggest that the modern oil boom in the Arab world may have perpetuated wasta by reducing the need for hard work.
  • human resource departments in the Arab world depend heavily on subjective assessment tools such as unstructured interviews.
  • ...21 more annotations...
  • most Arab economies suffer from very high levels of unemployment. Good jobs are scarce. This motivates applicants to use every mean possible to improve their chances of being hired.
  • For example, sons of police and military officers are given preference in admission to the Egyptian police academy or military college, respectively.
  • study conducted by Whiteoak, Crawford and Mapstone (2006) showed the young UAE citizens believed that wasta is more useful than do their older citizens. This finding may imply that wasta is strengthening rather than diminishing in Arab societies. Commenting on the spread of wasta in Egypt, a senior bank official told one of the authors that up to 25% of his staff were hired only because of their wasta.
  • many top governmental positions are reserved for members of the ruling families or members of their supporting tribes
  • First, to maintain their grip on authority, Arab political regimes tend to place close confidants in key positions even if they are not the most qualified for such positions.
  • In Syria, the key argument made in favor of selecting Basher Al Asad as the country’s president was that he was the son of the late president Hafez Al Asad.
  • study conducted by Kilani and Sakija in Jordan showed that 90% of the respondents believed that they would use wasta in the future.
  • In the Quran, Muslims are instructed that “the best that you can hire employee is one who is competent and trustworthy” (Quran, 28, 26). Prophet Mohamed is also reported to have said “He who is in a leadership position and appoints knowingly a person who is not qualified to manage, than he violates the command of God and His messenger”. He also stated “when a person assumes an authority over people and promotes one of them because of personal preferences, God will curse him for ever”.
  • Rising to high levels requires important connections. Receiving important privileges or benefits is contingent upon using the right connections.
  • Intercessory wasta on the other hand, involves someone intervening on behalf of a client to obtain an advantage or 2overcome a barrier from an authority figure. It is this type of wasta that affects hiring decisions.
  • Those who are supported by strong others will not be put down or rejected. Only the unconnected or unsupported are punished.
  • people who are related to important others (especially in government) are fortunate as they will have their demands or needs fulfilled. People serve those that are related to important people.
  • People tend to serve those that they know. Without knowing anybody, you will have difficulty getting the service you want.
  • The turban symbolizes a senior respected person. If you know a senior person, your demands will be meet. Similar to the second proverb
  • Intermediary wasta is utilized to facilitate the resolution of intergroup or interpersonal conflicts. In this system, wasta improves human relations and reinforces social norms.
  • Intermediary wasta is utilized to facilitate the resolution of intergroup or interpersonal conflicts. In this system, wasta improves human relations and reinforces social norms. Intercessory wasta on the other hand, involves someone intervening on behalf of a client to obtain an advantage or 2overcome a barrier from an authority figure. It is this type of wasta that affects hiring decisions.
  • feed feelings of injustice and frustration among those who are qualified for the job but do not have a wasta. Wasta is also different from the more popular nepotism and cronyism. While nepotism involves hiring of relatives and friends, wasta is not restricted to such groups and may involve strangers
  • may lead to poor job performance and economic decline.
  • Indeed, wasta is blamed for Arab world’s poor economic performance and brain drain (Al Maeena, 2003; Cunnigham & Sarayrah, 1994). Kilani and Sakijha (2002) stress that wasta is becoming a burden on its seeker, its granter and the government.
  • Arab wasta has been compared to the Chinese concept of guanxi. Both wasta and guanxi use social networks to influence the distribution of advantages and resources. However, while guanxi is based on Confucian ethics which focus on strengthening collective ties (Hutchings & Weir, 2006a; Hutchings & Weir, 2006b); wasta violates Muslim ethics which prescribe hiring the most qualified.
  • Wasta plays a critical role in hiring and promotion decisions in Arab organizations. Before applying to a position, applicants may seek out a wasta to improve their chances of being hired. A person with poor qualifications but a strong wasta will be favored over a person who is more qualified but does not have a wasta. Because many people may apply with wasta, the applicant with the most important wasta often gets the position.
  • allieggg on 05 Oct 14
     
    Compiled by faculty members at the German University in Cairo, this working paper series addresses the effect that watsa has on competence and morality in Middle Eastern economics and society. The authors define watsa as, "the intervention of a patron in favor of a client to obtain benefits and/or resources from a third party." In simpler terms it is a system of social networking in Arab culture in which family and social ties play a significant role in the attainment of economic advantages and resources, largely in the hiring process in businesses and organizations. A person applying for a job seeks out watsa to increase their chances of getting hired. Comparable to nepotism and cronyism, but is not restricted to friends and associates, watsa can also involve strangers linked through some social web of people. Watsa runs somewhat parallel to a Chinese concept of guanxi, based on Confucian ethics and focusing on strong collective ties. While guanxi is a part of Chinese ethics it actually defies Muslim ethical values, which advocates hiring the person most capable. In a Jordanian survey, 87% of respondents want watsa eradicated. While we know that unemployment in the Arab region is widespread, we can assume that this motivates people to do anything they can to improve their chances of obtaining a job. However, the practice of watsa as a whole is actually degrading the economic systems in the Arab sates even further. The article explains the linkage between watsa and poor job performance, economic decline, and the festering of injustice and frustration among the masses in Arab countries.
  • micklethwait on 07 Oct 14
     
    This looks super interesting, but I can't get the link to open. Thanks for writing a thorough summary of it!
pvaldez2

Women's economic, social empowerment remains low in 2016: ECWR - Daily News Egypt - 0 views

www.dailynewsegypt.com/...owerment-remains-low-2016-ecwr

empowerment remains low women egyptian

shared by pvaldez2 on 22 Mar 16 - No Cached
  • pvaldez2 on 22 Mar 16
     
    This article talks about how women's economic and social empower remains low in 2016. According to the Egyptian Centre for Women's Rights, gender equality status remains low in terms of economic and social empowerment and violence against women. Though some progress has happened with equality, about a 14% increase in female representatives in the parliamentary elections.
allieggg

Wasta, Work and Corruption in Transnational Business | CONNECTED in CAIRO - 0 views

connectedincairo.com/...tion-in-transnational-business

middle east watsa corruption Business Egypt Family

shared by allieggg on 05 Oct 14 - No Cached
micklethwait liked it
  • Girgis worked for a company that insisted as part of their global corporate culture that there be no “corruption.” Six years after opening its office in Egypt, they continued to be plagued by behaviors they understood to be “corrupt.”
  • I explained that wasta referred to a network of informal loans and favors traded by Arab men in order to move up in the world.
  • Encouraged by my open, neutral tone, Girgis opened up further. “My father mortgaged family lands to pay for my college,” Girgis said. “I owe him everything. If he asks me to find a job for his brother’s son, how can I say no?”
  • ...6 more annotations...
  • families are economic units.
  • “You can send me anywhere else in the world and I’ll run the office by the book,” Girgis told his supervisor. “But I can’t do that here.”
  • any Egyptian man they hired to run the office would be equally suspended in webs of wasta obligations
  • “investment and return” frame I created for understanding, emphasizing the economic parallels between Arab families and running a business
  • , I’ve known several Egyptian businessmen who thought wasta was an improvement on Western models of hiring.
  • Net result: greater loyalty, less likelihood of theft, less likelihood of negotiating for new jobs behind your back and leaving you in the lurch, etc, he claimed.
  • allieggg on 05 Oct 14
     
    This article is from the point of view of an anthropologist who was brought in as a cultural consultant to mediate an issue of "watsa" for a corporation in the Middle East. The company prides itself on its lack of internal corruption, and in turn hired a man named Girgis who grew up in the Middle East but lived and received an education in the US. In Girgis's first year he hired one of his cousins, which the supervisors saw as corrupt hiring practice. The author, and hired consultant, explained to the company supervisors that watsa was an "investment and return" framework in Arab culture, and that there are economic parallels between Arab families and businesses, families existing as economic units. Girgis conveyed that anywhere else in the world he would run the office by the book, but in the Arab world he must also adhere to social norms. The result of watsa through Arab eyes leads to greater loyalty, and less likelihood for deception and theft. The article basically introduces the idea that while in the Western world this may be seen as corruption, it is an embedded part of culture in the Middle East. 
kbrisba

The Arab Spring's success story: what will it take for Tunisia to unlock its full ... - 0 views

www.albawaba.com/...ts-full-economic-potential-646

shared by kbrisba on 15 Feb 15 - No Cached
  • kbrisba on 15 Feb 15
     
    Tunisia kicked off investor meetings for a Eurobond without US guarantees. Tunisia's stock market has already shown political stability. Tunis index rose more than 16 percent in 2014 and trades 10 percent below record highs hit before the Arab Spring. Tunisia has potential to reform but it is in need of foreign direct investment to drive economic growth and job creation. Tunisia signed a two year deal with the international Monetary Fund in 2013, agreeing to follow certain economic policies; keeping its deficit under control, making the foreign exchange market more flexible and structural reforms.
kbrisba

As the Middle East's newest democracy, Tunisia can take economic lessons from Turkey | ... - 0 views

www.globalpost.com/...n-take-economic-lessons-turkey

shared by kbrisba on 19 Apr 15 - No Cached
  • kbrisba on 19 Apr 15
     
    Fours years after the Arab Spring, Tunisia is arguably the region's strongest democratic success story. Economic growth is still slow to develop, recognizing this lag, Tunisia has announced it will launch an emergency economic plan. Tunisia is moving in the right direction but for a long-term guide they should look to their neighboring democracy, Turkey. There is two lessons Tunisia should take away from Turkey: integration into the global economy and inclusion of the rich and poor.
wmulnea

AS Macro Key Term: Spare Capacity | tutor2u Economics - 0 views

beta.tutor2u.net/...-macro-key-term-spare-capacity

shared by wmulnea on 07 Feb 15 - No Cached
  • wmulnea on 07 Feb 15
     
    Geof Riley explains the term "spare capacity" at a macro-economic level. This brief article explores the pros and cons of producing a product "below the maximum sustainable level of production," and helps to explain why the term is so prevalent in the petroleum market.
kbrisba

Democracy Under Way, Tunisia Turns To Tough Economic Agenda - Gulf Business - 0 views

gulfbusiness.com/...ia-turns-tough-economic-agenda

shared by kbrisba on 15 Feb 15 - No Cached
  • kbrisba on 15 Feb 15
     
    With a new economic agenda being created and putting into place the people of Tunisia are worried. With the term "reforms" people of Tunisia are worried that the wrong issues are going to be handled. Like for instance creating jobs instead of increasing prices. Authorities tried to raise money by imposing a tax of $20 on foreign travellers, that angered residents but also hurt trade with Libya. This caused protests, caused officers to react with physical abuse.
kbrisba

New Tunisian PM promises growth, reform and new hope - 0 views

www.reuters.com/...politics-idUSKBN0LA1GJ20150206

shared by kbrisba on 15 Feb 15 - No Cached
  • kbrisba on 15 Feb 15
     
    Prime Minister Habib Essid of Tunisian promised to stimulate growth. Tunisians are worried about other issues; public spending, including cutting subsidies on basic foods and fuel. Jobs, high living costs, and economic opportunities. The government sees economic growth increasing to 3 percent in 2015 from an estimated 2.5 percent in 2014.
kbrisba

Tunisia strengthens economic, security ties with France | Al Bawaba - 0 views

www.albawaba.com/...ic-security-ties-france-679294

shared by kbrisba on 19 Apr 15 - No Cached
  • kbrisba on 19 Apr 15
     
    After the attack on the National Bardo Museum the president of Tunisia has signed several agreements to strengthen economic and security cooperation with France. Essebsi addressed the Senate in the French capital calling for further cooperation in other areas such as the fight against extremism.
eyadalhasan

Oil rout and global volatility take toll on Dubai - 0 views

www.ft.com/...f2ae9ee6,Authorised=false.html

economic oil recession

shared by eyadalhasan on 17 Mar 16 - No Cached
  • eyadalhasan on 17 Mar 16
     
    A closely watched indicator of Dubai's economic health on Wednesday revealed the first contraction of its private sector economy since the recession of 2009, underlining the growing impact on the city-state of low oil prices and global economic
ralqass

Tiny Lebanon Is Caught In The Crosshairs Of The Saudi-Iran Fight - Vocativ - 0 views

www.vocativ.com/...shairs-of-the-saudi-iran-fight

shared by ralqass on 02 Apr 16 - No Cached
  • ralqass on 02 Apr 16
     
    The war-ridden and economically-struggling country is the latest nation to feel the brunt of Saudi Arabia's anger
  • ralqass on 02 Apr 16
     
    The war-ridden and economically-struggling country is the latest nation to feel the brunt of Saudi Arabia's anger
allieggg

What Happened to the Humanitarians Who Wanted to Save Libyans With Bombs and Drones? - ... - 0 views

firstlook.org/...nted-save-libyans-bombs-drones

humanitarian libya civil war politics US Intervention NATO revolution

shared by allieggg on 23 Nov 14 - No Cached
  • “Libya is a reminder that sometimes it is possible to use military tools to advance humanitarian causes.”
  • intervention was a matter of upholding “universal values,” which itself advanced America’s strategic goals. In justifying the war to Americans (more than a week after it started), President Obama decreed: “Some nations may be able to turn a blind eye to atrocities in other countries. The United States of America is different.”
  • But “turning a blind eye” to the ongoing – and now far worse – atrocities in Libya is exactly what the U.S., its war allies, and most of the humanitarian war advocates are now doing.
  • ...6 more annotations...
  • “this was a rare military intervention for humanitarian reasons, and it has succeeded” and that “on rare occasions military force can advance human rights. Libya has so far been a model of such an intervention.”
  • But the most compelling reason to oppose such wars is that – even if it all could work perfectly in an ideal world and as tempting as it is to believe – humanitarianism is not what motivates the U.S. or most other governments to deploy its military in other nations.
  • As the country spun into chaos, violence, militia rule and anarchy as a direct result of the NATO intervention, they exhibited no interest whatsoever in doing anything to arrest or reverse that collapse. What happened to their deeply felt humanitarianism? Where did it go?
  • What’s most notable here isn’t how everything in Libya has gone so terribly and tragically wrong. That was painfully predictable: anyone paying even casual attention now knows that killing the Bad Dictator of the Moment (usually one the U.S. spent years supporting) achieves nothing good for the people of that country unless it’s backed by years of sustained support for rebuilding its civil institutions.
  • If there were any authenticity to the claimed humanitarianism, wouldn’t there be movements to spend large amounts of money not just to bomb Libya but also to stabilize and rebuild it? Wouldn’t there be just as much horror over the plight of Libyans now: when the needed solution is large-scale economic aid and assistance programs rather than drone deployments, blowing up buildings, and playful, sociopathic chuckling over how we came, conquered, and made The Villain die?
  • The way most war advocates instantly forgot Libya existed once that fun part was over is the strongest argument imaginable about what really motivates these actions. In the victory parade he threw for himself, Kristof said the question of “humanitarian intervention” will “arise again” and “the next time it does, let’s remember a lesson of Libya.”
  • allieggg on 23 Nov 14
     
    This article basically lays out the faults in US intervention in Libya during the fall of Gaddafi and condemns the US officials for their lack of hindsight in their agenda. The US claimed that they could not "turn a blind eye" to atrocities and human right violations in other countries and to intervene in Libya was a matter of upholding "universal values." After the successful ousting of Gaddafi, the US hypocritically turned their back on the country as a whole, leaving them to pick up the pieces and re-build themselves in the midst of socio-political and economic chaos. The US claims that military intervention is sometimes necessary to address human right violations, but in the case of Libya more violations have occurred as a result of a fallen regime rather than because of its reign. The author basically says that the US should have predicted that short-term intervention strategies achieves nothing without years of sustained support for rebuilding the civil institutions. 
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.
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.
aavenda2

Saudi economic reforms must focus on efficiency - minister - 0 views

uk.reuters.com/...-economy-idUKKBN0KZ1P720150126

Saudi Arabia Economy

shared by aavenda2 on 09 Feb 15 - No Cached
  • aavenda2 on 09 Feb 15
     
    This article focuses on the economic weakness that Saudi Arabia faces with its current and future workforce. Mainly focusing on the youth and future workforce of the country. "If you talk to young people now, most of them want to be entrepreneurs." Said Muhammad al-Jasser at the opening ceremony of the Euromoney Conference in Riyadh
wmulnea

The new economics of oil: Sheikhs v shale | The Economist - 0 views

www.economist.com/...es-will-go-bust-market-will-be

shared by wmulnea on 23 Feb 15 - No Cached
  • The contest between the shalemen and the sheikhs has tipped the world from a shortage of oil to a surplus.
  • Big importing countries such as the euro area, India, Japan and Turkey are enjoying especially big windfalls. Since this money is likely to be spent rather than stashed in a sovereign-wealth fund, global GDP should rise.
  • There will, of course, be losers (see article). Oil-producing countries whose budgets depend on high prices are in particular trouble. The rouble tumbled this week as Russia’s prospects darkened further. Nigeria has been forced to raise interest rates and devalue the naira. Venezuela looks ever closer to defaulting on its debt
  • ...1 more annotation...
  • But Saudi Arabia, in particular, seems mindful of the experience of the 1970s, when a big leap in the price prompted huge investments in new fields, leading to a decade-long glut.
  • wmulnea on 23 Feb 15
     
    This article suggests that increased shale oil production is changing the economy of oil, but at the same time Saudi Arabia is reluctant to slow OPEC production.
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