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ralqass

Saudi Arabia agrees plans to move away from oil profits - BBC News - 0 views

www.bbc.com/...world-middle-east-36131391

shared by ralqass on 26 Apr 16 - No Cached
  • ralqass on 26 Apr 16
     
    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.
kdancer

BBC News - The strange normality of life in the middle of Syria's war - 1 views

www.bbc.com/...magazine-30494989

war syria news

shared by kdancer on 22 Dec 14 - No Cached
  • kkerby223 on 28 Jan 15
     
    Example: Two sentence summary of what the article is about.
  • kdancer on 28 Jan 15
     
    Diana Darke returned from London to Syria recently to reclaim her house from profiteers who had moved in - she found her neighbours in Damascus coping surprisingly well despite the war.
aavenda2

Weaker oil prices take a toll in US as companies witness share prices, profits, jobs de... - 0 views

customstoday.com.pk/re-prices-profits-jobs-decline

oil prices toll saudi

shared by aavenda2 on 11 Apr 15 - No Cached
  • aavenda2 on 11 Apr 15
     
    The lack of cooperation by Saudi to lower oil production output is hurting other countires.
ralph0

The Latest: Russian Museum Seeks to Help Syria's Palmyra - ABC News - 0 views

abcnews.go.com/...an-achievements-syria-38216329

isis palmyra restoration putin russia museum

shared by ralph0 on 07 Apr 16 - No Cached
  • ralph0 on 07 Apr 16
     
    Now that Palmyra has finally been "rescued", there are already talks of restoration. This is good news because of the damage done to the city by ISIS. I'm curious to see if this will bring Russia profit.
jreyesc

This Is How ISIS Smuggles Oil - 0 views

www.buzzfeed.com/...this-is-how-isis-smuggles-oil

money Oil Smugglers ISIS ISIL Syria

shared by jreyesc on 13 Nov 14 - No Cached
  • Turkish-Syrian border
  • The militants can make more than $1 million a day selling oil from fields captured in eastern Syria.
  • In recent months, the government has vowed to crack down on illicit oil, and police have targeted smuggling routes, seizing oil drums and digging up pipelines.
  • ...12 more annotations...
  • helped make ISIS the world’s richest extremists.
  • Rebel groups targeted oil resources from the regime in battles often overshadowed by higher-profile fronts in the war — namely in the provinces of Raqqa and Deir Ezzor, where there were refineries and oil fields.
  • Strapped for cash, the rebels smuggled some of the oil to buyers in Turkey, whose government was one of the Syrian opposition’s main backers, having already opened its borders to activists, fighters, and refugees.
  • Omar would receive a call from a commander in the Free Syrian Army (FSA), the U.S.-backed rebel coalition, telling him to head to the Syrian side of the border.
  • If he took in $1,500 in a night, he would give $500 to the FSA commander and another $500 to the Turkish border guards. “You can’t really say that we are smuggling oil, because we take permission from the Turkish side and the Syrian side,” Omar said. “But since it’s under the table, we call it smuggling.”
  • it controlled Raqqa, and soon after it was battling for control of the rebel-held parts of Deir Ezzor.
  • As ISIS gained new oil fields, Omar kept smuggling. He may have worked along an FSA-run border, but he knew he was buying the oil from middlemen who had taken it from ISIS’s hands.
  • For ISIS, the profits were startup funds as it built up its self-styled caliphate, buying weapons and paying salaries.
  • U.S. airstrikes now targeting its oil infrastructure, ISIS can make over $1 million a day from the trade
  • ISIS controls 60% of the oil-producing resources in eastern Syria, he said, plus a handful of marginal oil fields in Iraq.
  • The group sells most of it within its own territory in Iraq and in Syria — which covers more than 12,000 miles, a size comparable to Belgium, and includes some 8 million people, a population approaching Switzerland’s. Desperate residents need the fuel to run their cars, generators, and bakeries.
  • It was the worst example of a wartime pillage that has stripped Syria of everything of value, from scrap metal to precious artifacts. “I just want to show the world what they are doing to my country,” he said.
  • jreyesc on 13 Nov 14
     
    ISIS has become very rich extremist group because of the oil smuggling business they are involved in.
sambofoster

Sex, Lies and Crime: Human Trafficking in the Middle East - 1 views

theislamicmonthly.com/trafficking-in-the-middle-east

women sex slaves middle east

shared by sambofoster on 10 Feb 16 - No Cached
  • 2.54% or approximately three-quarters of a million people are enslaved in the Middle East and North Africa.
  • With estimates of $34 billion to $150 billion in revenues generated, profit and greed are the motives for the transnational crime of human trafficking.
  • kafala, brings workers into the country and puts all the power into the hands of the employer
  • ccfuentez on 10 Feb 16
     
    Almost 3% of people in the Middle East are enslaved. Typically the people are trapped by falling for a "work trap." They leave their homes and families because they are promised employment. Upon arriving to work, the employers take everything from them and enslave them.
  • sambofoster on 03 Mar 16
     
    ABOUT THE AUTHORSharon Buchbinder, RN, Ph.D., is an award-winning professor at Stevenson University and novelist who recently published Obsession, which deals with human trafficking and international kidnapping. Follow her on Twitter at @sbuchbinder. MORE BY THIS AUTHOR In a previous issue of The Islamic Monthly, I examined the pervasiveness of human trafficking in Southeast Asia.
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