Your GCC resume

Qatar remains in the news, some are looking at the $5.9 billion deal in Italian dinghy’s, others look at the cancelled deal to become an American Airlines stake holder and others like me are focussing towards the GCC futures. According to the Defence minister Khalid bin Mohamed Al Attiyah this setting is not in an increasing danger. The problem is not merely the GCC in itself, it is what you will not see in many newspapers, it is the overhanging impact on OPEC. The news given by Oilprice.com is “All GCC countries depend on stability in the oil and gas markets, which is evident from the recent OPEC deal. A full-fledged confrontation will, without any doubt, put pressure on the current compliance rate of OPEC members to production cuts. Doha will be able to sabotage the current 6+3 production cut agreement between OPEC and non-OPEC members. If Doha decides to join the ranks of Iran and Iraq, OPEC’s future will be in doubt” it is at the very end of the article (at http://oilprice.com/Geopolitics/International/Clash-Between-Qatar-And-The-Saudis-Could-Threaten-OPEC-Deal.html), yet that in itself is not the bacon maker, or if pork is taboo, it is the lamb to the slaughter. When we see: “The Arab criticism may have been less harsh if U.S. officials would not have put oil on the fire. U.S. Secretary of Defense James Mattis openly warned Qatar that it should change its support of the Muslim Brotherhood. Mattis also stated that U.S. president Trump is considering classifying the Brotherhood as an international terrorist organization, which could have a very negative impact on the U.S.-Qatar economic-military cooperation in the coming months“, this reflects right back to the pressures that the American players where trying to establish through pressuring the WTO issues as written yesterday (at https://lawlordtobe.com/2017/08/02/a-big-tree-in-the-desert/). Another source (Leaprate.com) gives us the links to Iran and re-elected Hassan Rouhani. Here we see “America’s new-found protectionist outlook and open contempt for the JCPOA, has put a question mark against its future, while Iran’s ties with Qatar, currently the subject of embargos by many neighbouring states, is a further concern for investors“, this is the part that most do not get informed about. Partially the US has a valid point as the previous president of Iran was openly waging war towards the US and against the state of Israel. The dangers as I gave them years ago, especially in the light of the nuclear treaties is not how good or how reforming the newly elected President Hassan Rouhani was, it is the issue about the next person, who will get the presidential trophy in 2021 and what happens then? This is the long term worry, most will agree that one extreme leader on the edge of insanity is good enough and keeping that person in North Korea is for now the best place.

Yet, that was not what this is about, when we consider that the JCPOA (also known as Joint Comprehensive Plan of Action), we see the given by Ali Akbar Salehi with ““After JCPOA, our oil production has soared from 1 million barrels per day to 3.9 million bpd,” IRNA quoted Salehi as saying on Sunday, two days after the two-year anniversary of the action plan. This marks a success for Iran’s oil-based economy in reclaiming its market share lost over the years of sanctions“, the issue is that this directly opposes OPEC with “All GCC countries depend on stability in the oil and gas markets, which is evident from the recent OPEC deal. A full-fledged confrontation will, without any doubt, put pressure on the current compliance rate of OPEC members to production cuts” for the UAE and Saudi Arabia that is a problem, as Iran has increased its production by nearly 3 million barrels a day, the other players have to decrease even more, which means that they are hurting well $150 million a day or we will see the pressures shift all over the Middle East, which is not good for America (or the UK for that matter), because that impacts what Saudi Arabia can buy, and the monthly $4.5 billion is partially for the hardware delivered and expected before December 2017, so as these sales paths are impacted, we will see a level of hurt all over the weapons of mass consumer requirements market.

So we have valid and greed driven concerns regarding Iran, in this the Qatar issue does not help and the play that the US is making as we see it should not be considered as a beneficial path. No matter how valid the present situation is as we see it given through the Russian Academy of Sciences, Stanislav Ivanov is giving a present truth with “The main line of Tehran’s policy is to get out of sanctions and gradually restore its economic and financial potential“, we do not deny this, yet the past decades was about setting the pressures to Iran as the western nations had to deal with extremism, in addition to the funding that Iran gave Hamas as it kept on attacking the State of Israel, there are ample issues in all this as the strategic setting before 2021 (Iranian general elections) could face the US, Israel and Western Europe with an economic revitalised Iran, which will be pushing the players back to square one if that seat will become the sitting arrangement for another Mahmoud Ahmadinejad, which is not out of the question.

When that happens, those with a GCC resume, with or without references to OPEC might wonder where their employability resides. Now, if they have been smitten with a 7 figure annual income, they might not care, yet those without that part for at least 4 years might need to scrape by, having to live on $40K a month for the rest of their lives. I can advise these people that it can be done, if they shed the 4 luxury cars (Ferrari, Lamborghini, Maserati and Bentley), give up their membership in the Yas Links Golf Club, Almouj Golf and The Majlis, Emirates Golf Club as well as their 4 bedroom apartment in Riyadh and they are already half way there. So how serious is this? Well, it is actually a lot more serious than most people realise. When we consider that the GCC is a realistic target for cyber-attacks and cyber terrorists, Raytheon is setting up technological barriers to thwart to some degree these plans. the issue is not what the presentations give, whilst we do not oppose of attack the stance that CEO Thomas Kennedy has, the quote (source: Raytheon) “It has since reinforced its cybersecurity capacity with the purchase of 14 companies. In 2015, it acquired a company called Forcepoint (previously known as Websense and Raytheon|Websense) to enhance its commercial presence. This is now the world’s second-largest privately-held cybersecurity firm. Raytheon recently secured a five-year, $1bn contract for the US Department of Homeland Security to help defend “.gov” websites from cyber-attacks. Now the goal is to bring that working knowledge to the Gulf” is merely showing a deficit in the technology. Acquisition is a partial solution to any cyber given industry, the given premise to survive is not what can be bought today, but what must be developed for tomorrow. You see the firms that have that focus tend not to be for sale in the first place. Whilst Raytheon’s focus is very valid to catch up, it is much less a solution for those who are arming themselves for tomorrow, their own missile system department can teach them that part. It is not merely about the technology, it is the development of new systems in cloud and non-repudiation that will give the GCC and other gulf places the edge to be ahead of the cyber-attack curve. A partial issue is found with “We have one of the best data-leakage protection systems in the entire cybersecurity field, and we combine this with our insider-threat behaviour system, which detects suspicious activity and ensures IP and data is not compromised“, which might be non-false, yet the events as Sony has seen shows that the reflective comments are from a behind the wave assessment, with HBO being an example as they were hacked a few days ago. The one provider that relies on cyber security as it sells its value through Netflix is now giving Vanity Fair “When Netflix was hacked earlier this year, the cyber-criminals behind the attack demanded a ransom. But there was no such demand in the hack that struck HBO over the weekend, and the sheer amount of compromised data has led some to believe that video footage, internal documents, or e-mails could be leaked next. The premium-cable giant is working with the F.B.I. and cyber-security firm Mandiant to investigate the breach, in which hackers claimed to have stolen 1.5 terabytes’ worth of data“. This is what Raytheon is up against, not some access issue, but stopping the drain of terabytes, basically every part of the GCC removed in mere hours, whilst the cyber minders were in the dark until after the event and the quote that follows (at https://www.vanityfair.com/hollywood/2017/08/hbo-hack-seven-times-larger-sony) “A traditional business-grade D.S.L. link would take about two weeks at full blast to exfiltrate that much data,” Farsight Security C.E.O. Paul Vixie told T.H.R. “If not for video and sound, a corporation the size of HBO might fit [entirely] in a terabyte, including all the e-mail and spreadsheets ever written or stored.” Another expert added that the entire Library of Congress contains an estimate of 10 terabytes of print material—so it is almost certain that video and/or audio were stolen“, this directly reflects on Raytheon. It is not what we know it is what others have figured out that is the issue. Whether it was through frame leaking, through cloud replication, there are issues that remain non-secure, even as security is at the top of the salespersons mind. There is a need for a new designed system no longer merely on access, but on ‘bio wired’ non-repudiation that is driving the need for evolution and these sales forces have remained in denial as it is something that they cannot offer at present, so they reflect on it as being a non-solution, a non-reality. They stick to the solutions that they can sell now and that is where the GCC finds itself, the lack of visionary evolution of data systems.

So when Raytheon gives their next presentation and someone at the GCC asks “How can we assure that the Bolero electronic Bills of Lading are not stolen or corrupted?” what happens then? Will that person at GCC need to write his resume tout suite, or will his superiors realise that the question was valid and that this situation is an immediate threat to the GCC members? Because in this day and age where extremists are all about the attack on infrastructures, the Bolero Title Registry, the repository and application that manages the transfer of title of the eBL is a clear weak point. Ones the recipients are scrapped and the cargo gets locked down, the ship will have two issues. The first being that the ownership cannot be transferred, you might think that this could be solved in a few days, and that would be right. The direct consequence is that the transfer of oil stop would cost an additional $578,000 in port charges, twice the amount in addition for pilots and towage fees. And as they are moved around additional costs will be incurred, that is apart from the issue that the delays bring and when a visionary does find the way to reset ownership, the delivery of 1 million barrels comes down to a nice $50 million fee, that optionally went somewhere else.

The one place where cyber security was essential is as given in indications running behind and not catching up; the only way to do that is to get ahead of it all. Now, as stated, this is not an attack on Raytheon, this is merely the direct issue on the business need to set serious cash into evolving the new systems to be ahead of the curve and be in a state where the hackers learn that it is not merely about access, the nice part of adding a new ‘language‘ to the plot is not to delay their invasion, it become to take away their comprehension of what they see (hopefully for longer than short term). You see, I have loved Cisco solutions, but they all talk the same language and their precise documentation have been a real assist on those with no-good intentions, we merely need to ask Google ‘what does a cisco frame look like?‘ and we get so much information, enough for too many to get to the heart of the matter and in the early stages of the internet that was a really good thing, we need to move beyond certain settings and push towards dedicated systems that have additional layers of protection, now that might be a mere delay, yet consider what is being protected. How willing are you to keep data safe? Not merely oil data of ownership, in the age of Netflix whilst hackers are streaming the episodes by the dozen, depriving places like Sony and HBO from valid revenue, revenue they invested in, the game needs to be changed. We have seen the uselessness of some governments as they were facilitating towards the communication sellers on bandwidth; we need to change the game regardless of those players. One way to do that is remove their existence to impact. Google did that to some extent, but not to the extent needed. As we realise that providers are 15 dimes to the dollar, we need to set a different scope, not merely in the cloud, but in the need for dedicated non-repudiation. Only then can we make a first effort to push the boundary towards a safer zone. And perhaps Raytheon will bring that to the table, the fact is that we do not know the player that delivers the need of tomorrow today, we merely know that it will not be Beaker bringing it (a Muppet Show reference). In this the ‘evidence’ can be seen when we realise that Raytheon gives us John D Harris II and his view on how forward thinking Talon laser guided rockets are. Yes John this was really the need for Cyber safety! As we consider the issue beyond point-to-point communication. In addition the $100m development program reads sexy for your bonus, yet the issue is data, both at rest and in transit. There are the issues, not in the rocket man shooting by a member of the UAE air force. So as we moved from certain parts of the GCC, via Iran to other providers, we need to see and comprehend that there are several players, all with their own agenda, a perfectly sound and valid situation, yet when we see that stability is centre in all this, destabilisation will impact both the GCC members, the OPEC members and when the overlap is shown (those in both), we need to realise that Iran and Iraq will not care about the needs of the GCC, they are not part of that, which ties hands of the six GCC players and in that Qatar is the centre of the seesaw that the 6 members prefer to have in some level of balance, yet the issues as we are seeing them escalate will impact all the given needs for all the players having their ‘own’ needs to satisfy. None of that is likely to happen any day soon. We could see the US and both their needs towards JCPOA and the WTO as an opposing issue, one that is not beneficial to the GCC or the Qatar issues as they are playing. I cannot say what the GCC members should do next, but it seems to me resolving some parts and creating a new initial balance is the best way forward. This gets me back to the question phrase yesterday. If each of the 4 members could phrase one issue to resolve by Qatar, what would that be? If Qatar can get the conversation started on that, as merely a first show of good will, yet from my point of view, if they Promise to have a good look at Al-Jazeera and do some immediate reforms there as a first step of good will towards the four opposing parties, it might just be enough to reduce tensions and give time for non-escalations to settle and as such forward momentum in resolving issues will be found. In my view it would leave Qatar in a much better view by all other players and global non players. It will open the doors and perhaps that is a good beginning, merely a good beginning, but more than we have now.

And none of this, none of my views were set to painting any of the players as the bad people, merely a path to find the track towards profit and growth, profit for all the players and economic growth for all of them. In all this the one question that is forming in my mind is that Oman has been the one GCC member that is outside of the equation to some extent, could they be a mediating party in all this? I actually do not know the answer; I am merely voicing the question that I have not seen in the news. You see when you realise that Crown Prince Mohammed bin Salman has been the driving force behind Vision 2030, the economic diversification strategy. Is that something that a nation like Oman could see benefits in, when we consider diversification, when we realise that this impacts range of products as well as field of operation. Would it not be interesting how this view could be beneficial to the Middle East as a whole? In all this, as the driving force surpasses boundaries, is that not a field of economic diplomacy to see it grow? To push forward momentum is to find a place and subject of discussion, in my view it would be to find a topic many can agree on, a topic that is always a hard sell in most occasions and it seems to me that oil dependency is always a good option for those realising that it is the only thing they offer, by adding more options, any nation connected is merely opening paths to more stability and more opportunities, especially when these paths can be sold to nations seeking more than oil, which is close to every nation on the planet. Finding a place of stabile growth is the best product any player is ever likely to sell. In this stability is a lot more sexy than quick gain, especially on Wall Street and they are having too often too much to say on that matter. As we need a different language in the cyber world, it is clear that outside of that world a common language is the only solution. The question becomes what language and how to start the conversation, even those setting up their GCC resume right now. That is a fact as it is a resume that they want everyone to read, a comprehensible common ground is the first step in this.

 

Advertisements

Leave a comment

Filed under Finance, IT, Media, Military, Politics, Science

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s