Group items tagged

This article is about how the Islamic State is being funded by wealthy gulf. These investor are described to be like "angle investors".The money that they receive from these investors is just a jumping off point, then the group finds other ways to get money like "kidnapping, oil smuggling, selling women into slavery."

Donors are scared to fund NGO's in Egypt because of possible repercussions. There is currently a funding crisis due to this fear.

This article is particularly relevant to our discussion in class on Tuesday. A UN plea for aid funding has largely gone unanswered, with only 2 donors giving approximately 1% of what was asked for. The UN representative questioned why no one would give by saying "the U.N. cannot "explain or justify why the international community hesitates to provide humanitarian funding." Perhaps because it's unstable? Perhaps because the world is trying to avoid another corrupt leader such as Gaddafi?

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.

This article illuminates the aftermath of Gaddafi's reign from a first person perspective of a citizen fleeing the country due to its devastating chaos. He offers a short version of the conflict and the rise in militant groups. The root of the issue is the fact that when the GNC took power, the factions funded the militant groups for their own insurance rather than working towards their disbandment. The Islamist coalition dominated parliament, and as chaos deepened when they realized they would loose the election so they just delayed having one. This is where General Khalifa Haftar chimed in, launching his offense against islamic insurgency by storming the capitol in Tripoli leading the country to slip into civil war. The Author says "We are like a class of kids where the bad teacher is suddenly dead," he said. "Now we all fight each other." When the light finally comes to a country that was for so long in the dark, its blinding. 

This article discusses the large gap amongst girls and boys in Yemen. There are fewer women in the population, not as many teachers, the literacy rate is 15% lower for girls as compared to boys. This project will deploy 700 teachers to rural areas of Yemen, hoping to attract 25,000 more students, and it will increase cash stiphens to encourage families to let their daughters go to school

Libya is pressing the United Nations Security Council to take urgent action to allow the managers of its sovereign wealth fund to move money between frozen accounts so the value can be protected and returns can be maximized.

Another issue Turkey is constantly dealing with, is the problem with the thousands of Syrian refugees at their border, in addition to the mini-civil war w/the Kurds, and its questionable oil business with ISIS. This article points out Erdogan's requests for the EU to deliver more funds to control the border situation. Different point of view from the other two articles I bookmarked this week.

The Saudi cabinet approves plans to try to move the country away from its dependency on oil profits, including creating a giant sovereign wealth fund.

15-year plan includes diversification, privatisation of state assets, tax increases and creating a $2tn sovereign wealth fund

This article explains some of the facts around the dramatic waste of Libya's Sovereign Investment Fund in 2008.

This article accentuates the "Age of Proxy Wars" in the Middle East. While Syria and Libya are the 2 most known proxy situations, the article illuminates other states involved as well. We know already about UAE, Turkey, Qatar, and Saudi Arabia, which this article also brings up, but new information suggests that Bahrain and Kuwait are supporting sides of the regional war as well. While these nations think they're doing their part to support their values, these proxy wars are actually fostering further extremism since people supporting each side do not directly suffer the consequences. The article states that the metastasizing of these jihadist groups is grave threat to US national security, and the US must intervene in order to solve this crisis. The author says the US needs to improve their performance in donor cordination, funding the right groups, as well as be more aggressive in working directly with elections, uncovering networks of money and influence. He says rather than the conduction of elections, we must focus on the nature of politics in general, curbing corruption and embedding sectarian democratic values in their political sphere.

Conflict broke out in the Libyan capital Tripoli forcing Mitiga airport, primary airport since Tripoli International was closed due to damages, to close down worsening the bloody proxy war thus escalating the crisis. Egypt and UAE have been aiding the Islamic opposition, helping to fight against the Islamic militants backed by Turkey and Qatar. Apparently Qatar's involvement in Libya goes back to the revolution that ousted Gaddafi, contributing $2 billion in support of the Islamic movements as a part of its vision to establish an Arab regime ruling through Sharia Law. As of now, no players are willing to compromise in this "state of war." 

On Sunday, Sept. 28, President Sisi made a speech at Cairo University, declaring his affection and support for the Egyptian youth. He also warned the students against "malicious" activities and that universities were "solely for education." The speech followed the draft of a new controversial law allowing for the arbitrary firing of faculty members. Sisi pledged to dedicate state resources like special councils and scholarship funds to the cause of the youth demographic.

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.

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.