Skip to main content

Home/ CULF 3331: "Middle Eastern Revolutions"/ Group items tagged inflation

Rss Feed Group items tagged

aavenda2

​Saudi Arabia cut 2014 oil deliveries to Asia, as China loses steam - 0 views

  •  
    The Saudi government is more interested in keeping market share rather than cutting production to inflate prices.
tdford333

Daniel Byman | Why Drones Work | Foreign Affairs - 0 views

  • Whereas President George W. Bush oversaw fewer than 50 drone strikes during his tenure, Obama has signed off on over 400 of them in the last four years
  • And they have done so at little financial cost, at no risk to U.S. forces, and with fewer civilian casualties than many alternative methods would have caused.
  • So drone warfare is here to stay, and it is likely to expand in the years to come as other countries’ capabilities catch up with those of the United States.
  • ...10 more annotations...
  • Critics of drone strikes often fail to take into account the fact that the alternatives are either too risky or unrealistic.
  • Even the most unfavorable estimates of drone casualties reveal that the ratio of civilian to militant deaths is lower than it would be for other forms of strikes.
  • signature strikes,” which target not specific individuals but instead groups engaged in suspicious activities.
  • After a strike in Pakistan, militants often cordon off the area, remove their dead, and admit only local reporters sympathetic to their cause or decide on a body count themselves. The U.S. media often then draw on such faulty reporting to give the illusion of having used multiple sources. As a result, statistics on civilians killed by drones are often inflated.
  • data show that drones are more discriminate than other types of force.
  • Yemen’s former president, Ali Abdullah Saleh, also at times allowed drone strikes in his country and even covered for them by telling the public that they were conducted by the Yemeni air force.
  • As officials in both Pakistan and Yemen realize, U.S. drone strikes help their governments by targeting common enemies.
  • A 2012 poll found that 74 percent of Pakistanis viewed the United States as their enemy, likely in part because of the ongoing drone campaign. Similarly, in Yemen, as the scholar Gregory Johnsen has pointed out, drone strikes can win the enmity of entire tribes.
  • Many surveys of public opinion related to drones are conducted by anti-drone organizations, which results in biased samples.
  • And for most Pakistanis and Yemenis, the most important problems they struggle with are corruption, weak representative institutions, and poor economic growth; the drone program is only a small part of their overall anger, most of which is directed toward their own governments.
nicolet1189

How ISIS Games Twitter - The Atlantic - 1 views

  • strong, organic support online.
  • strategies that inflate and control its message.
  • using social media to recruit, radicalize and raise funds,
  • ...9 more annotations...
  • Twitter app called The Dawn of Glad Tidings, or just Dawn.
  • way to keep up on the latest news about the jihadi group.
  • Once you sign up, the app will post tweets to your account
  • spaced out to avoid triggering Twitter’s spam-detection algorithms
  • organized hashtag campaigns
  • repetitively tweet hashtags at certain times of day so that they trend on the social network. 
  • ISIS hashtag consistently outperforms that of the group’s main competitor in Syria, Jabhat al-Nusra, even though the two groups have a similar number of supporters online.
  • ISIS also uses hashtags to focus-group messaging and branding concepts, much like a Western corporation might.
  • ISIS does have legitimate support online—but less than it might seem.
  •  
    Author J.M. Berger discusses ISIS's strategy on Twitter, comparing their highly skilled techniques on this platform to the likes of a P.R./ marketing team working for a Western corporation. Berger goes on to discuss programs that automatically post tweets to users accounts, an app they developed that provides updates, and an intricate system able to surpass Twitter's spam and security teams.
wmulnea

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

  • 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.
1 - 5 of 5
Showing 20 items per page