Tag Archives: crown prince Mohammed bin Salman

Those we needlessly fear

All others pay cash! Yes, that was direct, was it not? We have seen millions of articles fly by, all given the very same announcement: ‘Fear Saudi Arabia‘, as well as ‘MBS is a monster‘. Yet, what evidence was given? What actual evidence did we get?

Turkey played its innuendo game, we can also accept that the US is playing a protective game for Saudi Arabia and that too should be highlighted, yet NO ONE has taken an academic look at those so called tapes as have given the audience the rundown, what was there, what was proven. Is there even enough evidence that Jamal Khashoggi is on the tapes? Journalists are in their own corrupt little world of satisfying the shareholders, the stake holders and the advertisers and they all want Saudi Arabia to look like they are all guilty, all to the very top. In addition we see the G20 Argentina game that France played with their ‘confrontation’, conveniently enough staged to be caught on CNN. He was not that amateur like when he had to have a few words with someone high up at Crédit Agricole, was he? Where have they got that leaked conversation?

I see it as a simple operational premise to counter the fear that they have. It gets worse, at present the vultures are circling and we get to see more fallout. News dot com dot au are giving us (at https://www.news.com.au/world/middle-east/saudi-friend-of-jamal-khashoggi-sues-israeli-surveillance-firm/news-story/b0bf9d501332df9ad31bede7de904b6c) ‘Saudi friend of Jamal Khashoggi sues Israeli surveillance firm‘ gives us ‘A Saudi dissident‘, as well as ‘Omar Abdulaziz, said he was friends with Khashoggi‘. Now people make all kinds of claims, I can make the claim that I am the lover of Scarlett Johansson; she just does not know it yet. Anyone in the media can contact frukan Johansson and verify that fact (or prove it to be wrong), we can’t in the case of Khashoggi, can we? Was there corroborating evidence that they were actual friends? If so, why was that not added? The news site makes no real effort to substantiate that friendship and that is not what this is about. You see, it is the claim ‘a lawsuit against an Israeli surveillance company, claiming its sophisticated spyware targeted him and helped lead to the killing of his friend‘. We have two problems here. In the first, is there any evidence to back that up? In the second, Jamal Khashoggi was an unknown person to 93% of the planet, yet he was a journalist for the Washington Post, and as such he was a lot more visible than most others. Also, the entire filing matter in Istanbul gave rise that plenty of people knew where he was, so the spyware seems redundant. If there was quality spyware in place he could have been killed anywhere and leave the optional involvement of Saudi Arabia almost completely out of it. Does that not make sense?

The last paragraph is the killer here: “citing news reports and other sources claiming that NSO Group sold Saudi Arabia the technology in 2017 for $US55 million ($A75 million)“. The first thing here is to look at those news reports; I wonder how much innuendo is in there. Then we get the stage that technology worth $55 million was bought when JK was very much alone, giving rise to the reason of purchase, last by not least is the investigation on the NSO group and their software and that is what I believe was the foundation, it does not matter where and how the NSO group software was used. I believe that Omar Abdulaziz got wind of a 2016 article not unlike those on Vice (at https://motherboard.vice.com/en_us/article/3da5qj/government-hackers-iphone-hacking-jailbreak-nso-group), and saw ‘Government Hackers Caught Using Unprecedented iPhone Spy Tool‘. so when we see (or saw) “Ahmed Mansoor, a 46-year-old human rights activist from the United Arab Emirates, received a strange text message from a number he did not recognize on his iPhone“, the brain of Omar Abdulaziz  optionally went ‘ka-chink‘ and his pupils turned to dollar signs, It was optionally his opportunity of a lifetime.

So who is right?

I am telling you right now that all I am writing from my opposition is pure speculation, yet is it less of more believable? Is the NSO group real? Yes they are and they have something that every nation on the planet with a decent technology level requires. Any government have people they want to keep tabs on, and that is what this solution optionally provides for. It is not a killing tool, and at $55 million it is not some tool you use for simply ending someone’s life, there are more convenient and more elegant ways to facilitate to punch out someone time clock of life. When you stage a $55 million solution when $50K in an account does it, that solution does not make sense.

Still, we cannot ignore the NSO group software and it might have been used to keep tabs on JK, that is optionally a reality we face, yet we all face that optional for a number of reasons and there we have the crux, knowing where a person is does not mean that their life has to be ended, the fact that we have tools, does not imply that we have to use other tools. The audience factor is trying to give us that idea, an emotional driven premise of events to set the stage of intentional international execution. There has been, and unlikely will be any evidence showing that. Not by some eager frog (an unnamed France governmental executive) stating to Saudi Crown Prince Mohammed bin Salman ‘I am really worried!‘ worried about what? Conversations eagerly and ‘unintentionally’ leaked right in full view of the CNN camera, are people truly stupid enough to go for that bait?

Then we get claims in papers like the Sydney Morning Herald trying to up their game, yet at present I am not certain if the Saudi government would lose if a defamation case was brought to court and that is me merely contemplating two of the JK articles that I have read in the last two days.

In addition, the article has the claim ‘and helped lead to the killing of his friend‘, which is actually very clever as in this way stated we have a problem, or do we? Is there any evidence that the solution was or was not used? If there is a way to check the usage of that software then Omar Abdulaziz opened an interesting door. You see at that point, under the US freedom of information act, close to two dozen claims can be made regarding the NSA (the San Antonio location) on how they have been keeping tabs on people. In the January case of Sherretta Shaunte Washington, her attorney might optionally (with properly applied intelligence) be able to overturn any given sentence against her. There has been the rumour that the NSA assisted in keeping tabs on a dozen burner phones. You see, it is not the sim card; it is the mobile imei number on EVERY phone that is the issue. The NSO group seemingly figured out the algorithm to take this to the races and that advantage is worth well over $55 million. That is exactly why the Mexicans wanted the solution too. Most Mexicans are still believing that without the sim it is nothing, yet one call gave away the imei number and that number is a lot more useful than most consider.

And in the end it is Forbes who gives us the missing diamond going all the way back to August 2016. Here we are treated to: “looking at the domains registered by NSO, they determined Pegasus could have been used across Turkey, Israel, Thailand, Qatar, Kenya, Uzbekistan, Mozambique, Morocco, Yemen, Hungary, Saudi Arabia, Nigeria, and Bahrain, though there was no clear evidence“, in all this the one logical step, the one thought that no one has been willing to voice for a number of reasons. Turkey is on that list. So what if this was Turkey all along from beginning to end? Turkey, who had the solution to keep tabs on thousands of journalists, reporters and bloggers, and jailing hundreds of journalists, do you actually think that they are beyond killing a journalist? I mentioned a few yesterday, so you there is evidence all over the field and so far no actual and factual evidence has been given on any involvement of the Saudi Royal family, yet everyone is playing that card as often as possible.

I am not in denial, I am not stating that they are innocent, I am merely looking and hoping to see real evidence, and so far the absence of that investigation has been astounding. There is enough evidence on the involvement of Saudi’s in all this, yet the proper vetting of Turkish evidence by the media has seemingly been lacking. The press (and the media as a whole) merely pushed that same button again and again and it makes me wonder on the premise in which other ways we are (seemingly) being deceived. That is the clear consequence of orchestration, it makes us all doubt all the other evidence, and in light of the USA playing their silver briefcase WMD game in regards to Iraq, that has made us distrust a lot of other evidence, evidence that might have been valid, but we are in a stage where we no longer trust the messengers in all that and as the media and newspapers lose more and more credibility, we have started to treat most news as fake news.

That is the price of orchestration and the players remain in denial that it is happening. That is the part we see form a source called Foreign Policy dot com. The article (at https://foreignpolicy.com/2018/12/03/how-an-internet-impostor-exposed-the-underbelly-of-the-czech-media/), gives us: ‘How an Internet Impostor Exposed the Underbelly of the Czech Media. When politicians own the press, trolls have the last laugh‘, the article by Tim Gosling gives us: “Czech Prime Minister Andrej Babis—and expose just how easily disinformation can slip into the mainstream press, especially when politicians control it.” It is a mere introduction to: “In September, the Czech broadsheet Lidove Noviny published an op-ed by Horakova expressing support for Babis’s refusal to offer asylum to 50 Syrian orphans, as was proposed by an opposition member of parliament. Playing up to his populist pledge not to allow “a single refugee” into the Czech Republic, the prime minister said the country had its own orphans to care for“. It merely gives us parts to ponder, the amount of pondering increases with: “In tapes released by unknown sources onto the internet last year, for instance, he was heard discussing stories damaging to his political rivals with a reporter from Mlada fronta Dnes, which alongside Lidove Noviny is controlled by Agrofert—the agrochemicals conglomerate that is the centerpiece of Babis’s business empire.

I have written again and again against the media facilitation for the shareholders, the stakeholders and the advertisers, here we see the impact when the media and the shareholder are one and the same. That article from a freelance reporter who seemingly contributed to Foreign Policy, The Telegraph, Politico Europe, Deutsche Welle, World Politics et al. He shows that there is a much larger issue and that the difference between those bringing the news and fake news bringers is almost indistinguishable. We might give passage to the LA Times, the Washington Post, New York Times, the Times, the Guardian and several others, yet after that the mess becomes no longer trusted, mostly because the source is too unknown to us. The media did this to themselves through facilitation and until that changes fake news will have too many options to gain traction with the people influencing a populist political nation on a near global scale.

It is one of the reasons why I refuse to merely accept the view of people blaming Saudi Crown Prince Mohammed bin Salman for it all. There are too many intelligence gaps, too many parts of merely insinuated conjecture whilst the intelligence was not properly vetted and it happened for the most in Turkey (the consulate is Saudi ground). We might never ever get the answer of what truly happened, and to a very large extent it is because of the games that the media played from the very beginning. A game staged in innuendo, unnamed sources and people talking on the promise of anonymity. It is not the fact that these elements exist, it is because to a much larger extent too many of them were used at the same time, pressing the same directional button, most of it not scrutinised to the degree that was essential, and when contra dictionary evidence was found, those issues were ignored by the largest extent by all the media, that too is the foundation of fake news, we merely chose to ignore it, it is our emotional side and that is the bigger issue. People are no longer adhering to innocent until guilty, the media has become a ‘guilty until proven innocent machine‘ and that drives the populist agenda more than anything else, so I oppose them all by stating: ‘The Saudi government is one we needlessly fear, until we have conclusive evidence of their action that is the only way we should be‘. We have become puppets in a world where tyrants (Robert Mugabe), alleged mass murderers (Slobodan Milošević), criminals (shooters who were granted indemnity from prosecution) and paedophiles (Catholic clergy) get more consideration than any Muslim ever had, how sad has our world become?

 

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Heating at what price?

We all know it; in winter it is about the heating, in summer about the quality of the fan, in addition, we need to make sure that apart from food, and drinks that we have the proper attire. We have known this for almost a lifetime. So even as this is known in the US, President Trump decided to have a conversation with Saudi Arabia to increase production to keep prices down. It seems really nice that Saudi Arabia came forward, yet they had no practical reason to do that did they? Not in an age of bullet points, business cases and maximised profit.

Oil is a commodity, and in the professional world of business, you have to go for the buy low, sell high equation if you want to be in business. So I was surprised to the extent that Saudi Arabia was facilitating towards America.

Yet this is seemingly coming to a halt when Bloomberg treats us to: ‘Putin Says Russia and Saudi Arabia to Extend OPEC+ Oil Pact‘. In itself the title does not give the US the warning that they need to read, the text does however give us: “OPEC, which pumps four-in-ten barrels produced worldwide, will convene in Vienna on Dec. 6 to discuss output cuts after oil prices in November suffered the largest monthly drop since the global financial crisis in 2008” the article also gives us “an advisory group to OPEC told ministers the market is oversupplied, with a need to cut about 1.3 million barrels a day from October levels“, apart from Bloomberg, there were several others showing the news, adding their own political flavour towards facilitation and that will be discussed soon enough. The shape here is not merely that there is oil in the Al Saud family, it is the fact that they are (as any good business does) trying to maximise what they have. People seem to forget that. It might seem a buyers’ market, but that is merely the presentation, once production stops for 12% or more that balance will change really quickly. Let those who want it somewhere else, go somewhere else. The direct impact is that it merely drives prices faster. Even as there is an oversupply, the entire setting seems to be focussed on getting past this winter, the players are in error not to focus on the next winter, for that part will be impacted and it will be a large impact.

As the conversation between Russia and Saudi Arabia continues, whether or not it is some OPEC+ setting, the setting that is evolving is one that I mentioned in ‘Two issues in play‘ (at https://lawlordtobe.com/2018/11/20/two-issues-in-play/). The day after we saw Senator Lindsey Graham (R-SC) giving the statement that Crown Prince Mohammed bin Salman was “unstable and unreliable”. So as we were treated to ‘Putin says Russia, Saudis agree to renew OPEC production cuts‘ mere moments ago. How much reserve is there? How long until the prices are raised, optionally just before Christmas as a speculative Ebenezer Scrooge bonus to your household?

The entire matter was just waiting for an opportunity to happen, as we see this unfold over the next few days, we will see additional parts too. The best example that anyone who served knows is that there are three people you do not mess with. The first is your Supply officer, the second is the payroll officer and the last one is the cook. These three are sacred and you leave them alone. So why push the person who is a supply officer, that impacts your payroll officer (as you end up with a fair amount less) and that in turn unbalances what the cook gives you as you cannot afford a full meal. As the price of food goes up, as we see clear data from several sources (Washington Post and HILDA) that larger groups of workers have been on stalling incomes for years now, have I made a clear enough point? When the total income is the same and food prices go up, what would you surrender to the currents of loss, once you realise that fuel prices will be on the rise as well?

In anticipated opposition, don’t give me that ‘ethics regarding Jamal Khashoggi‘ routine, because the bulk of the US senate and US congress have not made any noise regarding all those journalists (well over 240, with over 140 wanted) in Turkish prisons, several of them for life. Not much noise is there? The fact that Turkey isn’t getting slammed for being an ally of Iran is still a mystery, yet there might be some European need there, especially around some ‘nuclear accord’.

Even as I anticipate some reaction in all this, we must also heed the opposition in this. Here I call for Oilprice dot com. Martin Tillier gives us (at https://oilprice.com/Energy/Crude-Oil/Oil-Output-Cuts-May-Be-Coming-But-Dont-Bet-on-It.html): Crude oil has been in freefall, with both Brent and WTI having lost around a third since hitting highs in early October. There are some demand related worries involved as trade wars threaten to slow global growth, but the biggest reasons for the drop are supply related. A couple of months ago, those highs were achieved in anticipation of a disruption to global supply as the Trump administration’s abandonment of the Iran nuclear deal with Iran and the resulting sanctions took effect. Since then though, a few things have become clear. Firstly, U.S. production has been stepped up by more than imagined. In addition, the Saudis increased their output to help offset the expected loss from Iran but, most importantly in that context, that loss doesn’t look likely to materialize“, he goes on giving us the tough talk part and he is right. Whether we see it as political windbags or perhaps merely a storm in a cup of tea, the impact is not merely some good needed, it is a larger issue that goes beyond supply and demand. Just like the predicted shortage of concrete for the building of Neom city. Those who saw it have been upping their ability for production. Several have doubled it and there is a chance that the UAE will have its own large concrete facility soon enough. As Saudi Arabia could decide to cut production, it could in addition merely seek to seel part of it elsewhere. The end result is the same, yet that trajectory will be much slower. For the current administration it is about getting past this winter, with the next winter being a larger impact on the elections, so it will also impact the cost of living all over the US.

CNBC gives support here (at https://www.cnbc.com/2018/11/28/expect-a-saudi-first-policy-on-oil-production-cuts-regardless-of-trumps-demands-analysts-say.html). It is early days and what we anticipate or expect does not usually happen, yet with “Analysts believe that despite Washington’s geopolitical leverage over the kingdom, after its staunch defense of the Saudi monarchy amid accusations over its alleged role in the murder of Saudi journalist Jamal Khashoggi, Riyadh will still pursue its own economic interests rather than abide by the wishes of President Trump. The pivotal question hanging over oil markets remains that of production cutbacks. Who will tighten their taps, and by how much?” This is the game for now and even as it is all set in common sense, the one part we cannot anticipate is ‘by how much?‘, I predicted a rough 12% a week before this article came out and so far, the fact that it is still likely to happen before the end of the year, optionally before before Christmas, it does remain to be a the speculative part for now. I expect Russia to try and get a consensus with Saudi Arabia to go well over 12%, optionally closer to 20%. It is essential for Russia, it will be good to the super wealthy oil friends that President Putin has and it will also bring joy to the coffers of the Saudi Monarchy. The question is who can pick up that slack and how fast. The US has its own facilities in it, yet could they keep up? Leave it to the US to piss off 3 of the top 5 producers, which leaves Iraq and they do not have the working infrastructure, moreover, volatility is still their middle name for now, as well as the fact that they merely produce 16% of the other three that the US insulted (more than once I might add).

So will oil prices go up? If the US is set on its current policy, the issue of oil prices is a given certainty, the fact that they will go up before winters end seems more and more likely, yet by how much is not to be anticipated. In this Saudi Arabia, merely needs to have a ‘technical glitch’ and the pumps go down twice for 2-3 days, and the damage is done. At that point, Saudi Arabia merely has to drop production for 15%-20% until the technical matter is ‘resolved’ and all the US can do is pray for Saudi Arabia to accept the assistance of their engineers. Although as Saudi engineers go, their knowledge might be (vastly) superior in all this, they have had plenty of time to get ahead of the curve for some time now.

Should this happen, what will the US do? Throw a tantrum; throw a curveball? I am eager to find out, because the entire journalist part is still a matter for discussion. You all seem to know Jamal Khashoggi. Yet how many of you know Mehmet Topaloğlu, killed by the Turkish police, as was Metin Göktepe. Then we see Önder Babat, Serena Shim, Rohat Aktaş and Yaşar Parlak. The Turkish authorities have shown less than 0.5% effort here when comparing it to Jamal Khashoggi and the silence from the US in these deaths (a few of many) have been deafening, we can ignore the European Union in all this as they seemingly do not care. So when I made the claim that Jamal Khashoggi is merely a convenient puppet to hit Saudi Arabia with, I knew what I was talking about. When we see that inaction is the natural state, the entire Jamal Khashoggi was a game of political players, emotions used to drive an audience, an audience giving Google search currently well over 72 million hits when we see for that JK journalist. Try that with one of the other murdered or imprisoned journalists in Turkey, they are not even a blip on the radar. It is my speculative thought that Neom and the future drive by Saudi Arabia scared the US as it did several European players. It is the first time in history that a Middle Eastern nation has the ability to put the US and EU to shame with their lack of technological progress. They claim to have it, yet Saudi Arabia is making a move towards ‘showing to have it‘, changing the game for both the US and Europe.

This is where we see the difference. China and Russia see this as an opportunity, whilst Europe and the US are seeing it as an inconvenience. In Europe it seems that only Salini Impregilo is taking the charge of that future, having scored already well over half a billion in contracts, the rest of the players are either under the surface or not there at all. Is that not odd either? When we see close to a trillion dollars in opportunities in Saudi Arabia, the noise should be deafening but it is not.

How does that matter?

Well, if oil fuels the coffers, the daily input is more than enough to warrant actions, yet I see not activity anywhere, not to the degree it should have. In all this, within a day I found a way to revolutionise information using 5G (designing a new device in the process), and there we see opportunity, a pilot the size of a city that could have global repercussions and no one is there. I cannot be the only player in town, my ego would never be that delusional, yet there is not activity at all. It makes sense that it is not out in the open, yet some people would have to file for concepts, optionally for patents and I see the light of at least 4 of them right there, yet there is no visible action, and believe me, as a Master of Intellectual property law, I do know where to look.

Karma kicks greed’s ass

We have all seen the news when it comes to Huawei and the list of those banning them is growing, there too we see that China has a vested interest in making a local company a true success and there we see the options too. So when we consider the Verizon offer: “As part of a 10-year agreement, Verizon will expand its wireless small cell infrastructure to build out its existing 4G LTE network and prepare for 5G deployment, with streamlined permitting from the City of Boston. TV licensing will also be amended to support an expansion of Verizon’s Fios TV service to more neighborhoods“, it came in 2016. So consider the actual wording ‘as part of a 10-year agreement‘ and ‘prepare for 5G deployment‘, by the letter, it implies that Boston will optionally not have 5G before 2026, in this it could optionally have been in the foundations of Neom by 2021 (depending on then the first buildings are completed). It would be a kick in the nuts for the US to have something operational after Saudi Arabia, does it not?

Karma bites like Piranha if need be.

This all impacts the oil price, because the Saudi Crown Prince is driven to get Neom right, it also impacts the coffers so whatever is done regarding the oil, would optionally not be allowed to endanger Neom. I cannot prove that, yet I am decently certain that this is the case. We can see this as an opportunity, that as the US seeks options, it can make other offers to offset the optional ‘loss’ to Saudi Arabia. If enabling can be done in money or goods, offering goods is still an optional path to take for the US, yet they too need to realise that the overly visible acts of playing the ‘Khashoggi blues’ whilst not making any noise on the ‘Turkey newspaper shuffle’ is going to be a debate soon enough, especially as there is enough evidence that Turkey has been facilitating for Iran.

In the end

In the end it is about the oil prices and I expect them to go up regardless of what happens, yet there is leverage to a small extent, the amount of price increase is one that could be under negotiation. The question is, will we see proper actions by the US and Europe to limit the price increase and the impact on their citizens? I expect to see an answer to that part within the next two weeks.

Have a fun Monday!

 

 

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Stopping Slumber, Halting Hesitation

I woke up this morning at 03:30, you see I have messaged that Iran has an impeding missile strike on Israel. Now, in all fairness, ehhh, actually there is none. I got woken up with the prospect that Northern Israel would end up getting hit by missiles. Haaretz gives us some news, yet the validity and value are still in question. Even as we see “Israel has detected unusual involvement by Hezbollah in Iran’s preparations for retaliation, even though the organization has been trying to keep its activity low-profile so as not to affect its position within Lebanon“, as well as “operational planning, however, is being done by members of the Revolutionary Guards’ Quds force” and finally “Iran seeks to settle its open account with Israel, but wants to do so without sparking a war. One possible solution to this dilemma is trying to fire a limited barrage at military targets in northern Israel“. All valid and there is no real arguing on it, but the validity has been hard to confirm. I do understand that the start, which was the attack on April 9th, the airstrike on Syria’s T4 airbase, which killed seven Iranian military advisers and members of the Iranian Revolutionary Guards.

This now opens up the second door. You see, these so called ‘advisors’, shall we call them ‘instructors’? Have been doing a lot more than most realise. I personally belief it to be one of 3-4 places where Hezbollah was being trained, one of them would be to train the Hezbollah and optionally Houthi’s in firing missiles towards Riyadh. Iran can shrug its shoulders at accusations of Iranian missiles being fired, should one of the Saudi bombings hit pay dirt and Iranians are found, then the game changes, Iran has been careful to play its cards, it is a game of plausible deniability which they probably got from an episode of the X-Files.

The Haaretz article (at https://www.haaretz.com/israel-news/.premium-israel-braces-for-iran-missile-attack-from-syria-over-t4-airstrike-1.6060719) gives us a little more than that, especially at the end when we see “Netanyahu will reiterate Israel’s opposition to Iran’s continued military consolidation in Syria and ask Putin to work to prevent it“, that part really works for Russia as they are not happy on the growing influence Iran could get as President Bashar al-Assad needs every friend he can find, yet in Russia’s view they like their ‘friends’ to be singularly focussed on what those ‘friends’ can receive in the form of payable services towards Russia, not handing that cash to Iran. The question is what Russia would want in return. I have no idea. There is little I can offer on that side of Iran, there is no Iranian navy there and my solution was based on sinking their navy (a Saudi issue to be resolved), even as the deployment system is now coming to fruition, I see that there are increasing options to stop Iran in its track. That is the ball game, not on how Israel gets optionally hit (which would be regrettable), but the issue on stopping Iran from playing the game it is.

The India Times had an interesting piece yesterday (at https://economictimes.indiatimes.com/markets/commodities/views/slippery-slope-why-opec-may-struggle-with-new-iran-sanctions/articleshow/64051168.cms). Here we see the article ‘Slippery slope: Why Opec may struggle with new Iran sanctions‘. The quote “President Donald Trump has to decide by May 12 whether to extend waivers on Iranian sanctions, and all the indications are that he won’t. The drop in supply could easily exceed a million barrels a day, if the president decides to impose extra-territorial sanctions on anyone doing business with Iran — would-be buyers could decide that the safest course is to shun the country’s oil“, it sounds nice, yet in the end, Iran could still sell oil to Russia and when that happens, China will open up to receive their share (at premium discount that is), so even as Iran ends up selling at a discount to these two players, they will get the financial relief that they need and in that Iran can keep on playing its games and that is the part that needs to stop. We have seen the ‘regard’ President Putin has for President Trump, so there will be little to stop them there and when that happens and the oil market gets flooded with the optional 5 million barrels per day that Iran can produce, the oil prices would tumble again, which is nice for some, but the consumer tends to not see those benefits, so there will be a growing issue on the players who are pushed into a pressure setting. Even as we see “Crown Prince Mohammed bin Salman told Bloomberg in April 2016 that his country could raise output to 11.5 million barrels a day immediately; lifting it to 12.5 million barrels would take six to nine months” and their willingness to produce more, especially in light of moving away from oil dependency, we much wonder how it will fare. You see as Russia, China, Turkey and optionally South Korea end up with the additional oil, oil that Iran will pump into the industry, the US ends up having no stick to work with and that is where Iran ends up in an partially optional win- win situation, one that both Israel and Saudi Arabia are not happy with. Yemen has no vote in this as the Houthi’s are watching that population die. So when we saw “Nearly a third of Yemen’s population – 8.4 million of its 29 million people – rely completely on food aid or else they would starve” last week, we seem to feel impervious to the needs there, we merely watch the news as it is one of the two most horrific settings of humanitarian disasters in history. The mere news of another ‘cholera epidemic’ hits us, but it somehow does not register. As we vaccinated our populations seeing cholera near extinction, we forget that it is still a global issue, the fact that it causes massive dehydration as a side effect makes it a lot worse anywhere in the Middle East. It is in that setting that the Iranian backing of the Houthi’s needs to be seen and even as they go all Italian with ‘I know nothing‘, the issues are growing and the games that Iran is playing will have repercussions, the moment one missile actually hits a populated part of Riyadh and the camera’s show the scores of casualties, that is when all bets are off and it will be a full scale war in the Middle East, whatever Iran states then will fall on empty ears and the bombing of someplace called Tehran will not be out of the question, the good news is that there are only 8 million Iranians there, so the number of casualties would be contained, the other 90% might not have anything to fear.

Apparently that is what Iran is hoping for, it is the price of playing the game via puppets.

All these sides matter, because one successful strike on Northern Israel will change the game, Iran forgot that the puppet game comes at a price and even as they are all in denial by calling instructors ‘military advisors’, the setting is that they were training terrorists to be more ‘effective’ in their job. The last part can only be argued to some part, the impact in the changing timelines and the thousands of Yemeni’s near dying constitutes as evidence here and that needs to be taken into account. The NY Times gave us a mere hour ago https://www.nytimes.com/2018/05/06/world/middleeast/israel-iran-nuclear-deal.html. Here we see a few issues and most of it has been seen in other news, yet with “The country’s currency, the rial, has lost around 35 percent of its value since his re-election in May last year, and his popularity has slipped among the middle classes for having failed to achieve some of the economic and social changes he promised“, we do not see the failure of President Rouhani, we see the optional opportunity for the more extremely outspoken military leaders to take control and do exactly what we need to not happen. When we realise the US setting “Ayatollah Ali Khamenei, has forbidden his diplomats from engaging with American officials on any subject outside of the nuclear talks, but at quarterly meetings on the deal’s status, U.S. and Iranian diplomats have used the opportunity to conduct sideline discussions on matters of shared concern. These meetings are currently the only points of direct and official contact between the governments” that the US needs, we need to understand that there are two versions in play. Al Jazeera (at https://www.aljazeera.com/indepth/opinion/military-coup-iran-180424144510759.html) gives one view with “It is amid these heightened tensions that the possibility of a coup against the current government, whose term expires in 2021, has arisen. There are already some signs that the Iranian Revolutionary Guard Corps (IRGC) could be moving in that direction if Ayatollah Khamenei orders them to do so“, I believe that part to be incomplete (read: inaccurate). The part I see is not merely the defensive based words that Ayatollah Ali Khamenei is speaking, which are valid for any politician to speak when they are speaking out in regards to their nation in defence. Al Arabiya gave us “A video surfaced of Iranian Supreme Leader Ayatollah Khamenei’s top adviser for international affairs, Akbar Ali Velayati, in Syria’s Ghouta on Wednesday getting a report on the developments of the war-stricken area from an Assad military official” a month ago, yet in all this, there is a supporting view from the Tasnim News agency, the Iranian news agency that the quote “According to the Iranian Tasnim news agency, the Syrian foreign minister, Walid al-Muallem, received Velayati on Wednesday morning and they discussed the political developments in the country. Velayat confirmed Iran’s support for the Assad regime during the discussion, the news agency reported” is also linked to the impeding strikes on Syrian bases with Iranian Revolutionary Guard members. Even as the reference was towards the US at the time, I am certain that the discussion had been on how Iran would be retaliating at that time. So the setting of their actions, whilst they were knowingly preparing and training terrorists on the responses in both Israel and Yemen gives rise that the connection between Ayatollah Ali Khamenei and the Iranian military is closer and stronger than either of them ever had for President Rouhani, that is the setting and even as both ‘tolerated’ the elected president, they have been ready to go it alone (read: without the current president) and as such, whomever replaces that person will be either deeply religious or massively military, either path does not bode well or either Israel, Yemen and optionally Saudi Arabia. Now it is in that setting we return to the setting with former president Mahmoud Ahmadinejad. I actually warned on this danger a year ago, not a week or a month, no, a year ago (at https://lawlordtobe.com/2017/05/30/the-hard-line-path/) where the setting as stated in the article ‘The hard-line path‘, is now becoming a reality, even as the details might differ a little, it is exactly as Dr. Majid Rafizadeh, a leading expert on Iran and US foreign policy and president of the International American Council predicted. I saw that same danger. It is actually the same General Amir Ali Hajizadeh that I mentioned then who is now implied in all this by the Times of Israel with “Israel believes Iran’s retaliatory effort is being led by Major General Qassem Soleimani, the head of the IRGC’s Quds Force, which operates around the world, with assistance from the head of the IRGC air corps, Brig. Gen. Amir Ali Hajizadeh“, it reflects on last year with the quote “the commander Brigadier General Amir Ali Hajizadeh, is the very same person who boasted rocket aid to Hezbollah as well as the mention that the Iranian missiles can reach Israel“, so after a year it has all come to fruition, in all this was President Rouhani merely the accepted play toy of these two ‘extreme Iranian nationalists’? We cannot make the leap that this has been in preparation for over a year, but the model fits awkwardly well and as such we need to set the need of what to expect and how to counter that. That brings me to the issue I had, you see Iran feels safe because of its navy and air force, both are nothing to be sneered at, but if we remove their navy, they might just open the door for actual real talks and alleviate the pressure against both Israel and Saudi Arabia. It would even be better if Israel removes that threat called Hezbollah, even if merely for the reason that when a puppet is removed, we might actually achieve something in Yemen and get true humanitarian aid up and running, in that we are still confronted with the UAE presence, but there are too many question marks on the reasons there (read: I actually did not read up on that part of the equation).

We need to stop dozing off, the largest extent of the Middle East is that we idly stood by and did nothing, the Syrian people as well as the Yemeni ones are not happy, because they suffered needlessly for years. The EU all talk and no action has been regarded as one that merely acts on economic needs, that part can be accepted as gospel. Yet that will never be a suitable solution and that is why we need to change, we need to get awake and become hungry for solutions, a hunger we have not seen since 2004, when the bulk of greedy CEO’s saw their income/fortune diminish by 72.6%. Would it not be great if that hunger exists for humanitarian welfare?

So even as it is 7:45:32 later, there is still no strike at present, or it is perhaps in mid-flight, no matter what, we have mere hours to find an actual solution in all this, and it needs to start by stating beyond mere sanctions that Iran is in a stage where it is invoking anger through what should be regarded as clear acts of war. We have played the ‘diplomatic game‘ for far too long with some of the players, it is time to change the game and let people know that in the end when talks are proven to be useless, action must be taken, we merely have no options left, because when this escalates it will truly be an escalation that will end up far beyond Iranian and Middle Eastern borders, that is the greater evil we must now prevent.

Even as the Jerusalem Post is now giving us (a mere 30 minutes ago) that ‘PM Netanyahu Will Be Judged By How Israel Confronts Iran Militarily‘, yet that article also gives one light that is perhaps not the one we wanted to see. With “The spies (Mossad) in February 2016 reportedly discovered a warehouse located in the Shorabad district of the Iranian capital where the documentation was being stored; kept the building under surveillance for two years; and, recently, devised an operation to break into the structure and smuggle back to Israel half a ton of material in less than 24 hours“, in addition we see “This was perhaps the greatest intelligence operation in history, as I do not remember any instance when a complete archive was moved from one part of the world to another“, you see that is the one part that makes no sense, it gives rise to the Iranian defence when we see ““Anyone who says there is nothing new in the material we showed has not seen the material,” Mr. Netanyahu said, days after exposing Israel’s acquisition of a huge archive of stolen Iranian nuclear plans, mostly relating to a covert bomb-making project that was halted in 2003” (source: NY Times), which is still partially an issue, yet if it was halted in 2003, it makes sense to be in some archive after 15 years, so unless there is clear evidence in those documents that nuclear technology is still worked on covertly at the present, we need to give way in both directions. I do not oppose any actions against terrorists, yet going to war over 15 year old documents without proper intelligence on any clear and present danger from Iran, nuclear or not is also a fools path into the sleepy village of ‘no resolution ever‘, we need not become mayor to that place and even as we might lower dangers with firm actions against Iran, it needs to be proportionately or we are not asleep at the wheel, we are merely comatose re-actionists to a situation that does not actually exist, which might end up being more dangerous beyond the short term.

So as we are awake we need to take firm action, I am still in mind of removing Hezbollah permanently of the tactical board. It would be good for Lebanon to find its own way, not poised at the pointing of a gun, it would be good for Yemen and when Iran cannot use Hezbollah it needs to do things out in the open, something that they are very unwilling to do, so tactically that first move makes perfect sense. It lowers the national stresses in both Israel and Saudi Arabia, I see no down side at all (which is a fortunate rarity) from there we can see what happens next, because without the puppet in the game, Iran might actually consider true talks, not merely delays during a missile convoy, which would please the diplomats all over the region.

Am I correct in all this? I believe I am as I have supporting evidence going back a year, yet there remains the interactions of perception, principles and presentation. I merely show my side, and I have never claimed that I do not make mistakes and in light of the actions I illuminate that needs to remain at the very front of the line, in the end I might just be wrong.

 

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Are there versions of truth?

It is a question that has haunted plenty of people, you see there is just one truth, although, is that ‘there is your side, my side and the truth’; it comes from Robert Evans ‘The kid stays in the picture‘, a 2002 documentary. We have seen the quote is several works including the famous Sci-fi series Babylon 5. The fun part of this is that the three parts are all based on honesty, yet it is more than just a matter of perspective. I have always known that, although the interaction of perception and observations is something that needs to be in a book, not on a blog. So when I was confronted with the site ‘Seeking Alpha‘, which was described by the Wall Street journal in 2014 as “SeekingAlpha.com predicted stock returns, as well as earnings surprises, above and beyond what was evident from Wall Street analyst reports and financial news articles” is from the article more than just that. The article (at https://seekingalpha.com/article/4168001-investors-face-moral-dilemmas-investments-saudi-arabia) gives us ‘Investors Face Moral Dilemmas with Investments in Saudi Arabia‘, can be countered with ‘every investment has a moral dilemma’, so that is not much to go by. Yet the setting of a 500 billion market where we see the foundation with “A component of the Saudis’ Vision 2030 is to create an indigenous defense industry one that will promote volatility, not stability, in a region on perpetual warfooting“, gives me not the shivers, but the contemplation of what game is played. You see there is no doubt that Saudi Arabia wants to create an indigenous defence industry; every nation wants that, especially when it has been under threat for many years. I would have told Crown Prince Mohammed bin Salman if he would respectfully consider buying Remington as it is bankrupt and going cheap. The excellence of its weaponry, weaponry that have made it to the most elite parts of the global national defence forces is not just a matter for defence, hunters and others revere the weapon for its standard of excellence and it is not a bad place to start. You see, that is merely one path, in all this the setting of ‘one that will promote volatility‘, is not only not a given, I wonder where Seeking Alpha got the data in the first place to make that assumption. When we accept that there is an optional truth, there should be a look at the antagonising party, namely Iran as well, in that regard we see (at https://seekingalpha.com/instablog/776842-investorideas-com/5152941-cryptocorner-iran-developing-cryptocurrency-japan-s-sbi-launch-exchange-australia-cracks-icos), “Iran is progressing with its own crypto currency project despite having banned crypto trading in local banks according to a report at Reuters. Information and Communications Technology Minister Javad Azari-Jahromi said the ban from Iran’s state bank would not apply to development of a domestic crypto currency“, as well as “Equally, if not more importantly, investments by Russia’s oil and gas companies in the development of oil fields in Iran may exceed $50 billion, presidential aide Yuri Ushakov told reporters in early April” (at https://seekingalpha.com/article/4167229-effect-unilateral-u-s-sanctions-irans-crude-oil-production?page=3) and in finality we see “On Sunday, pro-Iranian Shiite rebels in Yemen launched a missile attack on Saudi Arabia targeting four cities. The Saudi air defense intercepted the missiles, however, one person died and two others were hurt by shrapnel. Saudi Colonel Turki al-Malki made it clear who Saudi Arabia thought was to blame: “This aggressive and random act by the Iran-backed Houthi group proves that the Iranian regime continues to support the armed Houthi group with qualitative capabilities…”“, which we get from the article (at https://seekingalpha.com/article/4159016-7-missiles-closer-iran-war-100-oil) called ‘7 Missiles Closer To Iran War And $100 Oil‘. So now we see two parts, we see Saudi Arabia accused of volatility and ion all this the aggressor Iran is not painted in any way in any of these mentioned articles merely defined as ‘Pro-Iranian rebels‘, the fact that those rebels cannot afford any missiles and for the most they lack the ballistic skills as well as deployment and knowledge of GOLIS firing solution systems, issues like deployment, missile calibration and beyond that there is setting the precision of the missile by making sure that the electronic settings are correctly tweaked and calibrated to interact with the information that the targeting hardware offers. All that requires skills, skills that the Yemeni do not have, but Seeking Alpha is all over that and, oh, actually they are not!

So in the $500 billion setting of growing the Saudi industry, one valid component is now the stuff of moral discussions and the setting of unproven volatility, can anyone explain why Seeking Alpha has released 7 articles in the last 24 hours on Iran, where one shows opposition between the Iranian judiciary and the President on ‘disrupt national unity‘ in the setting of ‘Rouhani opposing banning social media networks, as he attempts to open up the country to the outside world‘, there is not a moral dilemma here? Or perhaps it is not a setting for volatility whilst the growing of Iranian civil unrest is currently seen as a given. So how do we not see in more articles that for the speculative person investing into Iran is facing all kinds of risks from Iranian civil unrest?

Yet it is that setting that we can all easily check on how certain paths are played. We can see this in another way as well, when we see the French visit; we see “Macron had come to Washington in a bid to convince Trump to remain in the deal. He proposed “pillars” for adding to the existing deal, including extending it for the long term, limiting Iran’s ballistic missiles, and dealing with Iran’s involvement throughout the region“, whilst in the article regarding Crown Prince Mohammed bin Salman we see “Regardless of his charm, offensive MBS will continue his extreme ruthlessness, admittedly a de rigueur requirement in a tough country and even tougher neighborhood especially because his radical changes have created many internal enemies“, we also saw “Saudi crown prince Mohammad bin Salman (MBS) wrapped up his well-orchestrated and unprecedented “meet & greet”, “press the flesh” two-week April tour of the US with the icons and titans of three primary industries in his effort to diversify the Saudi economy as part of the ambitious Vision 2030 plan“, yet nowhere do we read an optional: “Success can only come from a vision, brought by a visionary. We are a nation with resources, with options and opportunities. We are more than the oil that is acquired from our soil, we can and will harness resources as well as investment opportunities to stimulate our economy and diversify our revenues. Our nation sitting central between Africa, Asia and Europe should have been more about growing that advantage and now we will, we have the foundation to grown in technology, in minerals and in services to be a global player, we must take that opportunity before it is lost to us forever. It’s not a fast path, and to do this properly we must grow over the next 12 years to be able to become that global powerhouse“. Well, there is one place where something like that can be read, it is the introduction (at http://vision2030.gov.sa/en/foreword), where we also see a lot more on the Islamic part on Saudi Arabia, which is perfectly valid. So when we go to http://vision2030.gov.sa/en/node/125 we see a massive amount of programs all set to push Vision 2030 forward and the interesting part in that is that there is not one mention of the words ‘defence’, ‘Army’, ‘Navy’ or ‘Air force’. Even as I am convinced that growing national defence is part of that, my wonder is that with all these options and opportunities, Seeking Alpha resorted to the Moral part of a defence structure that is nowhere near a central part of the Vision 2030 brief. We know that Saudi Arabia has the option to go full G5 from day one and the investment options there are massive opportunities not to pick up millions, but billions. Yet the issue becomes larger when we see that the writer Albert Goldson has plenty of experience and should be well aware of commodities (read: he is a bit of an expert according to sources), so when we set this against the view of Bengt Nordström, CEO of consultancy Northstream who gave us last year “growth in the industry has disguised not only the fact the telco industry is largely a commodity, but also that it has not been hugely innovative for a number of years“, that in light of the upcoming 5G, where ‘first in, soaring profits’ could surely be a given, none of that is shown, merely the fact that Saudi Arabia is allegedly about ‘volatility‘, so whose buttering the bread and who is that sandwich being made for?

Another part not shown was ‘Advancing pharmaceuticals and patient safety in Saudi Arabia: A 2030 vision initiative‘ (at https://www.sciencedirect.com/science/article/pii/S1319016417301780). Here we see “A recent conference in Riyadh, sponsored by King Saud University, sought to discuss these issues and develop specific policy recommendations for the Saudi 2030 Vision plan. This and other efforts will require more and more creative educational programs for physicians, pharmacists, hospitals, and patients, and, most importantly evolving regulations on quality standards and oversight by Saudi health authorities“, let’s not forget that we are in the beginning of all this, there is 12 years, which will go quickly I’ll grant you that, yet in all this the opportunity to grow Patent Law, Law firms, and set proper markers in place would be an essential step before such a level of patent bearing change comes. The option for Pharmaceutical investment was not shown in the article, or the mention of the issues shown at https://ncusar.org/programs/17-transcripts/2017-06-20-burton.pdf (attached). So, I am not opposing that there is optionally a need to grow the national defence industry, but is that set in the right light? In the light he gives the investors (which is his right to do), we see “However, for the moral implications mentioned with respect to the development of an indigenous defense industry, check your moral compass. From my perspective, it’s a financially profitable but morally bankrupt undertaking“, yet what morally bankrupt idea is there on growing the pharmaceutical and mobile network industry? they are highly profitable if it is achieved and there is moral question, my moral compass is setting on the field asking Albert Goldson, a member of the Association of Former Intelligence Officers (AFIO) and an Associate Member of the Foreign Policy Association (FPA) why he missed on those options. Also in the view of two dozen projects that are openly stated, why would he focus on a part that represents merely 10% and focus on those two dozen programs, where the investors would find the gems that the investors would want to find in a $500 billion layered cake called ‘Vision 2030‘. Oh, as for that military part, the attached Burton presentation ‘Opportunities in Saudi Arabia – Vision 2030 and Beyond‘ spends two slides on it and the most important part shown is “Vision 2030 calls for 50 percent of military equipment purchases from domestic suppliers instead of imports“, whilst also mentioning that the Kingdom of Saudi Arabia (KSA) “spent a total of over $63 billion on defense and security in 2016, including off-budget spending“, so when we see that, we see that for the smart investor there is an optional $30 billion a year available for those who might not have a moral issue working on a government set national defence program. That in light of Iran delivering missiles hardware and support to non-combatants, which are rebels at best, yet terrorists might be more apt when we consider “Nasrallah’s letter is proven evidence of Iran’s involvement in the Yemeni civil war, since it shows that Hezbollah, which is financed by Iran, is taking part in the fighting in Yemen” (source: Jerusalem Post). So where exactly does Seeking Alpha stand? Let’s be fair, they can be in any place they like as they are merely advisors towards their investors in all this, yet even with my high moral (or is that outspokenly oral) I would not turn away from a $32 billion market, especially if I had that level of cash. Oh, and whilst you consider on where morality needs to be, Boeing, Lockheed and Raytheon have already signed up, so the delay you took made that cake a hell of a lot smaller, but even if there is still $2 billion up for grabs, would you walk away? Let’s not forget that next month’s rent is due!

So in all this, I never stated or implied that Albert Goldson lied to anyone. Yet when we consider there is your side, my side and the truth, what did we see? You see, I get back to perception versus observation. Through perception he is focussed on the defence part, but why? The shifted setting towards Saudi Arabia will impact something else, but what else is impacted? That is the question, is it the Iranian setting (when considering the other articles), is it something else entirely, or is Albert Goldson focussed on something beyond all this? It is a speculation from my side, yet the absence of the Pharmaceutical and Mobile Industry absence implies just that, yet in equal measure I will state that this would merely be my perception, based on all my observations. That is part of the setting. In the realm of ‘there is your side, my side and the truth’, it becomes more and more about observation versus perception. In a case like this, when there is $500 billion on the table, is the perception the amount on the table, or the observation of whom else is at that table that matters. Is that merely an observation or does the perception become: where is MY opportunity? Because in the end that is what the investor cares about, and moreover, where and what size their slice of the cake becomes.

In addition, my observation will be that the changes mean that there are new players and some of the old players have been so well fed for such a long time, in this ‘parting might be such sweet sorrow’ (Romeo and Juliet Act 2, Scene 2), yet for the previous players it will be over their dead bodies, that tends to be the gist of it. The change needs to be observed because it shown also where the pressures of the players will be and that pressure can be seen as cost and risk. It is the wiser player that makes it through and gets the slice of the $500 billion layered cake; it is merely the question on the size of the slice and the perception of the profit it allegedly holds.

 

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Removing the right of choice

Fox News had an opinion piece 2 days ago that only now met my eyes. Now, for the most, apart from some Guardian opinion pieces, I tend to stay away from them. Yet, this one caught my eye because not only was the situation upsetting. The issue that Americans use their right to free speech to deny others the right to choose (to some degree) is another matter and it became clear that I should give my view in all this.

The title ‘Is the West finally pushing Saudi Arabia to squelch its version of radical Islam?‘ First off, why on earth do we see the need ‘forcefully silence or suppress‘ the choice of Islam? Now, I am merely a Christian in this, but I do not see any reason here. In the second, the setting of ‘radical Islam‘ is equally an issue. What makes it radical? That is not me being clever, it is an actual question. When does any religion become ‘radical’?

Now, I am merely quoting Wiki here (just the easiest part), and important that as a Christian and not armed with a knowledge of Arabic, I might wrongfully quote her, so be aware of that. With: “In the 18th century, a pact between Islamic preacher Muhammad ibn Abd al-Wahhab and a regional emir, Muhammad bin Saud, brought a fiercely puritanical strain of Sunni Islam first to the Najd region and then to the Arabian Peninsula. Referred to by supporters as “Salafism” and by others as “Wahhabism”, this interpretation of Islam became the state religion and interpretation of Islam espoused by Muhammad bin Saud and his successors (the Al Saud family), who eventually created the modern kingdom of Saudi Arabia in 1932“, you see, my issue, perhaps partially better stated as my grievance with Nina Shea is not that she is a lawyer or a Christian, but that she is both. That one nation that has been hypocrite towards empowering outspoken Christians and Christian puritans at nearly every twist and turn of every American administration since WW1 is now speaking out against another puritan based religion? How screwed up is that?

And the fact that we also see in the Fox News pages that she currently is a leader of a campaign for Christians threatened with genocide by ISIS, is even worse. As American Presidents have refused to name the Armenian Genocide as such because of concerns over alienating Turkey, with former president Barack Obama being the latest weakling in that long line of individuals in denial. And when we get to alienating Turkey? Turkey alienated them self for a long time, going all the way back to 2001 and they only alienated themselves stronger with nearly everyone after that. So genocide is only recognised when it is in the interest of US political policies? How hypocrite is that? So even as this happened less than a year ago, we see: “But although ISIS’ genocidal intent has long been clear, the extent of the group’s atrocities has remained murky. Local authorities and human rights organizations have made some attempts to compile lists of victims. According to those lists, between 2,500 and 5,000 Yazidis had been killed by ISIS while over 6,000 had been kidnapped. But the UN has not yet been able to independently verify these figures” (source: www.foreignaffairs.com), so how should we see these differences?

Personally I have no issue with people and their religion, you see they can be a puritan as they want to be, and until they start pushing that onto us (read: me) they are fine. I have absolutely no regard for any Christian pushing their values onto others, in that I am quite happy to see the separation of state and church to be forever. There is in equal measure another issue, you see, puritan is often seen as ‘against pleasure‘, which is not always the case and that makes that discussion a lot harder, for what sets the definition of Puritan?

So when we see the quote from Nina Shea that gives us: “Now Europe is finding its voice with a new willingness to pressure the Saudi Arabian government to end its spread of extreme Islamic ideology, known in the West as Wahhabism“, so she has set ‘puritan‘ as ‘extreme version of‘. The question is on one side is what constitutes a puritan version as such and even if so, the Vatican forced Christianity into the world, whilst under its flag committed genocide by removing no less that 11 civilisations. The church and greed have gone hand in hand for centuries whilst the nobility, or should that be in modern tongue ‘Big Business’ have not been held accountable since before World War 1. The bible approved of slavery and in Matthew 19:14 and Mark 10:13 stated ‘Let the children come to me‘, Catholic priests saw that as an optional clear signal to fuck every young boy in town (whenever possible). So as the Holy See was considering thousands of priests actively taking the cherry from young boys for over 50 years, how many went to prison? In that light the media is equally to blame, until the movie Spotlight got the limelight in the Academy Awards, millions of Americans remained in denial. Even as the Boston Globe exposed it in 2002, it would take 13 years, until after the movie was released that the larger part of the media changed their tunes, the church still has that much power. So as we oppose one form of puritan religion, we see the outrages acts of our own religions and in that regard I have an issue with certain settings.

In addition we see: “As I told Congress in testimony last July, 16 years after the 9/11 attacks – led and carried out primarily by Saudis” we see yet another issue. In the first, this attack was done by Al-Qaeda, under the leadership of Osama Bin Laden, who was indeed born Saudi, yet he was banished from Saudi Arabia in 1992, 9 years before the event. More important, their family came from the Yememi Kindah, so another ‘faith’ altogether, in that regard, when we consider that Kindites converted to Judaism following the conversion of the Ḥimyarite kings, which happened roughly 1500 years ago, so why is she not blaming Israel in all this? It seems to me that Nina Shea has no religious agenda; she has a political one and is willing to play Saudi Arabia towards her needs. In the part that we accept that Al-Qaeda was made up from Islamic Extremists and Salafists, there is the legitimate question on how many of the members of Al-Qaeda are (still) Saudi, but is that even possible to grasp? There are so many splinter organisations, active all over the Middle East, In Yemen is gets even more of an issue where they are fighting the Houthi’s. The New York Post gave us two weeks ago: “An immigrant from Saudi Arabia suspected of applying to join an al-Qaeda training camp has been arrested on a visa fraud charge in Oklahoma, according to a report. The FBI recently discovered Naif Abdulaziz Alfallaj after his fingerprints matched those taken from a document found in Afghanistan“, it makes matters worse and less clear. It is not a clear picture for those getting all the information, for people like Nina Shea who are willing to ‘filter’ data before their presentation make matters worse, we do not only get a distorted picture, we get more non-truths (at times non-verifiable truths, or speculations) and as such the picture shift a little more. We can argue that to some Saudi citizens desire a life of ‘action’ in perhaps the wrong direction is preferred over whatever they had before. We have all had those moments. I myself have argued within myself to find 1-2 paedophilic priests and hang them in the nearest tree without trial, so should I join some anti-religion and blow up churches? Of course not, that would be just insane, but some might do just that.

So when we consider ‘members of the Ku Klux Klan planted and detonated dynamite at the 16th Street Baptist Church‘ we also need to see that J. Edgar Hoover had secret recordings that proving the involvement of guilty parties (according to some sources), he also ensured that a court could not use them as evidence to prosecute the attackers, making it more difficult to convict. For 14 years after the bombing, none of the men were prosecuted for their crime. The first one to be arrested (and convicted) was Robert Edward Chambliss in 1977. So we, Americans and non-American Christians alike have closets full of skeletons, perhaps when it comes to certain matters we should not be the judging or reforming parties in the matters of other nations.

Now, there are a few sides that do bare consideration.

Even if we agree with: “In 2010, a top U.S. Treasury counterterrorism official warned that without Saudi education reform “we will forever be faced with the challenge of disrupting the next group of terrorist facilitators and supporters.”“, Saudi Arabia is a sovereign state, it has its rights and it has forever been a Muslim state. You see, until the oil prices went down and the profits declined, America remained unwilling to hear any level of criticism on Saudi Arabia, making a lot of the matters in play hypocrite at best.

The next ‘wrongful representation‘ is “The West seems to be finally waking up. The new assertiveness shows official recognition of the link between Islamist ideology and terror, and our governments must keep it up“, you see, I see this as “as the profits are declining and as Saudi Arabia is now set to be a growing force beyond the petrochemical industry” we see issues because the ‘link between Islamist ideology and terror’ has been known for a long time and seen as such. Hamas, Hezbollah are the clearest ones. There is the Muslim Brotherhood, and plenty of others, whilst the PLO was delisted as a terrorist organisation is now again rearing its tail by no longer recognising the state of Israel, so that could escalate again. In addition we see that only the UK saw the Orange Volunteers as a terrorist organisation, I wonder why the US did not see it that way. So whatever makes that list is also very dependent on how they cross the United States of America (speculation on my side), so as the sovereign nation of Saudi Arabia is becoming a growing centre of commerce and an economic power we start seeing more anti-Saudi events. Yet the US will happily sell all the weapons and planes they can for now. Nina also refers to a report that was classified and forced into the open in 2016 regarding the Saudi textbooks (at https://www.nytimes.com/interactive/2016/08/17/international-home/document-state-dept-study-on-saudi-textbooks.html), it is 148 pages, so read it there (the PDF was too large to place here).

My issue in this is not the paper; it is the chance of comprehending it all, it is linked to hundreds of books, to hundreds or issues all linked to the Koran and to the rights that Saudi Arabia has as a sovereign nation. We might not agree and as Christians we might to a certain degree oppose outside of Saudi Arabia, but its sovereign rights are as they wanted it, linked to the Muslim faith. We need to recognise that we are not all alike, that others have their rights and they need not be based on democracy. However we must also recognise that ‘democracy’ in America and largely in Europe is set towards what the rich and powerful want it to be. If you disbelief that then try to change laws in America that makes Wall Street criminally accountable. Good luck getting that done within the next 50 years!

You see, in support of my view, I would like to call attention to page 3, where we see “The national identity of Saudi Arabia is deceptively simple. It is an absolute monarchy“, so what makes a monarchy absolute? The Netherlands is a monarchy, so is Sweden, Norway, Denmark, the United Kingdom, Belgium, Spain and a few others. So as these are predominantly Christian monarchies, are they not absolute or dangerous? Perhaps they are merely seeing eye-to-eye with the US and not that much of an economic threat? The EU and the ECB simmered down the European nations as threats is another view and it is for people with better economic degrees than mine to make a call on that. Again a speculation from my side, but it seems to me that the US would prefer every nation to be a republic, so that the larger corporations can sweep in and reduce that national population into a spreadsheet and reduce the abilities of those being a hindrance, a non-consumer or a liability.

We can take any view on these matters, but in the end we see a person with a rightful opinion get the centre stage all the way to the US Congress, whilst we consider her quote: “Germany finally pressed Saudi Arabia to close the King Fahd Academy in Bonn in spring 2017, according to a 2016 Deutsche Welle report. It first came under investigation 14 years earlier for alleged ties to al Qaeda“. The question that is here is ‘It first came under investigation 14 years earlier for alleged ties to al Qaeda‘, so was that ever proven? That is the part that Nina Shea does not want you to know; in addition there is the part that was in the Deutsche Welle. ‘Now, the King Fahd Academy is about to close its doors of its own accord‘, which she did not mention. In addition (at http://www.dw.com/en/controversial-saudi-school-in-bonn-to-close/a-19511109), we see the clear mention of ‘Moving beyond oil‘, it seems that Europe and the US stayed very silent whilst the oil profits were flowing their way making a lot Nina states even more hypocrite. So as Saudi Arabia’s Crown Prince Mohammed bin Salman is pushing stronger towards his “Vision 2030“, we see that slowly his reforms are catching hold, there is momentum and there is additional evidence that it is a worry for the United States, particularly the people who were having benefits on the matters before Vision 2030. When we consider the rumour from last month when we were introduced to “The new policy means Apple is administering collection and remittance of tax to authorities at a rate of 20 percent in Armenia and Belarus; 5 percent in Saudi Arabia; 18 percent in Turkey; and 5 percent in United Arab Emirates” we see the clear benefit for Apple to grow in Saudi Arabia, yet in that it could cost the US 20 cents to every dollar pushed to Saudi Arabia and as Apple tends to think in tens of billions, the US is about to lose out of a pretty penny they desperately need. In addition with Amazon and Google gaining tech hubs there, the loss of revenue and data is about to cost the US a lot more and in this greed driven economy that is what has been setting plenty of people over the rails and into the sea of chaos, frustration and outcry. So as Saudi Arabia ends up getting 5 data centres, how many will not be upgraded in the US or Europe in the near future? How much is that going to cost them?

These are all matters linked to the opinion of Nina Shea, because if that was not the case we would not have seen “These events are being driven by Western governments that are now pushing hard for the government of King Salman bin Abdulaziz Al Saud to pull back from Wahhabist support – a push that appears to be working“, you see, the fact that (some) schools closed on their own accord was not mentioned, neither is any part of Vision 2030 which has been on the front page of the Saudi plans of actions for almost 2 years now and in addition, when we see “For decades European and U.S. leaders bit their tongues while the Saudi governments spent billions of dollars indoctrinating Sunni Muslim communities“, whilst not stating that the oil money flowing into these places was too good to ignore is equally an issue because it shows us to be hypocrite and it shows Saudi Arabia to be business oriented. OK, I will give you that the last part is not entirely correct, but why did Europe and the US bite their tongues? If they were so morally high we would have seen a lot more, an issue that never happened.

So who will Nina Shea blame for that? I reckon we will leave it non-mentioned (for now).

Finally we need to look at her statement “Tiny Belgium, population 11.27 million, has sent more Islamic fighters to Syria per capita than any other European country“, so when we see the Wall Street Journal (at https://www.wsj.com/articles/europe-balks-at-taking-back-isis-fighters-1518557328) where we see the quote “An estimated two to three dozen Belgian foreign fighters are in detention in Syria and Iraq, another Belgian official said“, so as we consider an unrelated statistic like “Hospital medical errors are the third leading cause of death in the United States. That’s 700 people per day, notes Steve Swensen“, the fact that we see the mention of 36 Belgium fighters in Syria in a pool of 5000, seems to be too irrelevant to use as a focal point in her presentation, whilst in the US 700 people a day die in Hospitals through mere errors. She has the wrong focus as illumination in her presentations. You see, it would not have mattered if she had mentioned the number of Belgium fighters and the total pool of ‘extremists’ but she did not want that, she wanted the hypocrite limelight, so I will happily keep a focus on her and how she tries to misinform the people around her next.

In all this Fox News should get an equal share in the blame by not setting the stage properly. By leaving too much unstated we should consider that the reliability of Fox News and what they present is equally taking a turn downwards.

In the end

In the end this was less about speaking for Saudi Arabia (they can do that themselves perfectly well), then speaking against Nina Shea. I find this a hatched job that should not have been placed on Fox News the way it was. Whatever points she could have made was drowned out by the misrepresentation that I see them to be and in several fields in many ways. This requires me to add her mention of ‘Islamist terror has replaced chocolate as Belgium’s best known export‘, you see the best export the Belgium ever had was beer, the finest in the world. And even as we agree that their chocolates are the best, we need to see that terrorism is not their export, or their best known export. Perhaps their flaw was to have the most cordial of borders in Europe, together with Sweden, yet as Sweden is up in the north and Belgium is caught between the Netherlands, Germany and France, there is no doubt that whatever they get came initially from one of the three other nations and guess what, Nina made no mention of that either. Perhaps because she was in doubt whether it was a good idea to piss the other three nations off? Again, merely speculation from my side, but in the end, we have seen in evidence from reputable sources that the economy has been a central reason in creating extremism, a part that has hit Belgium and several other nations. That too remains unmentioned.

 

 

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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.

 

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Prospecting black gold

There has been news all over the world, some news is good, some less so and at times we cannot see whether news is good, bad or irrelevant. To see the dangers, or perhaps the opportunity of what is what we need to look back to 2014, and start that issue with a quote from the Marvel Movie: Age of Ultron. The quote originally from Tony Stark was: “As I always say, keep your friends rich, and your enemies rich, and then find out which is which“, it is a reference to the arms industry and the benefit of mutual escalation. Keep this in mind when you consider the article in the Independent (at http://www.independent.co.uk/news/business/news/royal-mail-float-scandal-how-hedge-funds-cleaned-up-9303674.html), the title gives us the immediate threat with ‘Royal Mail float scandal: how hedge funds cleaned up‘, and “Speculators were allowed to buy £150m of shares despite Vince Cable’s pledge to favour long-term investors“, I omitted the claim that it was all due to the postman. That person usually rings twice, especially when Jessica Lange is around. Yet the heart of the matter, like in the movie, is not in the ‘boner’ or the ‘bonee’, it is the aftermath that matters. You see, the gem is seen in the local prosecutor and his ploy to get to the truth by going after one side, yet it is Cora’s Lawyer Katz who stops the evidence to get to the prosecutor, which nullifies whatever was attempted. So consider the part we see in the Independent: “around 20 per cent of the shares it had allocated to 16 preferred investors had gone to hedge funds and other short-term investors. This would equate to around £150m of Royal Mail shares – 13 per cent of the entire stock sold by the Government. The companies bought in at the float price of 330p a share. The shares shot up within seconds of trading, eventually peaking within weeks at more than 600p, allowing the hedge funds to bank vast profits at the taxpayers’ expense“, now consider also that this is a reflection of ‘£150m of Royal Mail shares‘. A system that has issues and allows for ‘deal sweeteners‘, now when you see this, and knowing that the bulk of hedge funds managers seem to get away with murder, consider the arrival of Aramco, better stated, the Financial Times headline ‘The $2tn Saudi Aramco question‘, which is now squarely an issue of titanic proportions (intentional pun towards the sinking dinghy). First things first, you see, this is not a fuel vendor like Shell, or a social media company like Facebook, this is the Privatised Saudi oil company that is larger than the sum of Shell, Facebook, Apple and Google. It is a 2 trillion dollar company, now consider the danger of the floating dangers of something like that, hedge funds managers can clean up and those who do will be set for a decadent life, for the rest of their lives. The dangers of something this big is pretty astounding and the fact that it could happen is not that small. You see, the dangers increases as we consider certain facts. NASDAQ gives us: “OPEC agreed in November last year to curb its output by about 1.2 million barrels per day between January and June“, that is because the stocks are a little higher than expected. This happens, oil will always fluctuate, now consider in the US alone there are 32 oil fired power plants. Production is down (for now) and the moment the first heatwave gets to the US, we see a massive spike in power requirements and 32 of those power makers require fossil fuel. In this I am only mentioning the USA, there has been power issues on a global scale, which is always going to be the case, but one of the largest providers towards the demand is going public and that is what speculators really like, because if the supply & demand need is not properly managed, we see an increase option towards fluctuation. Those speculators only need to get lucky once and the mess would be unrepairable.

The Financial Times gives us some of the goods with: “Privatising Aramco is the first step in rebalancing the economy. By disentangling the company, which accounts for more than two-thirds of government revenues, from the state, Prince Mohammed hopes to make Riyadh less oil-reliant, while providing capital for investment in new industries, ranging from technology, where it is pumping $45bn into the SoftBank Vision Fund, to mining. The privatisation of its national champion is crucial to this process” (at https://www.ft.com/content/7ed59bee-163b-11e7-b0c1-37e417ee6c76), but the heart is seen in: “That is even without looking at the question of how much oil actually lies beneath the desert kingdom’s sands“, when we consider that the oil gains in the North sea is slowing down and this is a signal seen in several places, the fact that at some point (in past, present or future) that something similar will happen to the Aramco goods is a certain fact, it is the when that cannot be anticipated. In addition, going public means that you need to be commercial, when it is government no one really cares, but in the public sector the trend must forever be upwards, so when will we see a similar float in Aramco when the numbers are not as great? It has been an utter certainty that nearly all companies go through, some did it calculated knowing they would kill the numbers within a quarter, some hoping they would kill the numbers and some did it whilst they were desperate for a miracle. Yet floating they went. How much of a $2 trillion dollar company in stock value will tumble when that happens?

And these are the circumstances where the acts were valid and not criminal at all (see UK Mail), I am not making any Tesco assumptions here, because the damage in that case will be devastating to the London Stock Exchange. One firm representing close to 70% of its entire market, there would be no London Stock Exchange after such a disaster. Bloomberg gives us the second tier of risks and dangers with ‘Saudi Aramco Cuts Oil Pricing for Europe Where Russia Dominates‘ (at https://www.bloomberg.com/news/articles/2017-04-05/saudi-aramco-lowers-some-crude-pricing-for-asia-raises-for-u-s), a market that Russia already dominates. What would happen if let’s say 3 days after going public, Russia decides to slash their prices for a short time? How would the market react? Not just to Aramco having to follow, but the forecasted annual numbers then take a dive, at who’s expense? Consider that the European market is ‘ruled’ by Russia and Norway, together they make up for 50% of that market and the Saudi part is smaller than Norway and 80% of that 50% market is just Russia. So they can influence the market a fair bit. You see, Bloomberg gives us “There is a risk price wars may resume in Europe, raising the possibility the output cut agreement won’t be extended to the second half of this year“, meaning that in the second half Russia could flood the markets and the streets with black gold. That impact would be felt all over the stock market. There is one part that I am uncertain on. You see, it reads like a small and insignificant part. The quote: “Aramco will tweak the benchmark it uses in the region to make it easier for crude buyers to hedge their purchases” seems small, but consider that hedging is done by a few hundred buyers for up to 25,000 barrels. It seems like nothing, but with 179 buyers it is almost a week worth of crude oil, now the ‘stock is full‘ issue becomes a larger one, because this is a level of fluctuation on stock levels that would impact on the stock prices, the mere stock is full a few weeks ago had a $3 impact (or 4.6%), that becomes a little more than insignificant. Now, I could be wrong here as I am not in the oil, yet you see that this is a concern when it impacts a $2T invested interest by more than just hedge funds managers.

The last part comes from the Guardian. In Jan 2016 they stated “Saudi Aramco is likely to be worth well over $1tn (£685bn)“, this is important as we do not see 1.2 or 1.5 trillion, so this given number implies that in a year Saudi Aramco grow by more than 40%, the exact number cannot be determined. Other media stated that Aramco had grown to 2 trillion last year, but none have given enough evidence to state which number is the reliable one. That too impacts this new market, especially the initial dangers of floating a stock. Yesterday (at https://www.theguardian.com/business/2017/apr/05/theresa-may-lse-saudi-aramco-uk-london-stock-exchange-oil) we see: ‘May and LSE chief woo Saudi ministers for $2tn Aramco listing‘, here we see: “Xavier Rolet, has launched a charm offensive in Riyadh to woo Saudi ministers with the prospect of London hosting the upcoming flotation of Saudi state oil company Aramco, which is likely to be the largest of all time“, the word ‘flotation‘ is given and the danger is now out and about, in clear view of all. So as the UK government is trying to appease Khalid Al-Falih, energy minister of Saudi Arabia (and CEO of Aramco), as well as Yasir al-Rumayyan, the director of the Saudi public investment fund – a sovereign wealth fund, I have to wonder where the Rothschild’s are, because there is no way in heaven or hell that the Rothschild family would be absent of a 5% of a $2T company option and not be a player in something with the ROI of billions, especially after the losses they had with Kurdistan and Africa. They have skin in the game now, and they need a victory in this field, their ego demands it from themselves!

In all this the final part given in the Guardian must not be overlooked, because the quote “Downing Street announced on Monday it had drawn up plans with Riyadh to boost support for Saudi’s much-vaunted Vision 2030 strategic plan for diversifying the Saudi economy to decrease its over-reliance on oil, spearheaded by the deputy crown prince, Mohammed bin Salman, who met May on Tuesday“, as this now offers the level of revenue to fund the ability to become the largest 5G player in the middle east, with options to diversify into Europe, the far East and America. It is perhaps the first time in history that a public company would shoot to a top position in mobile communication, ready to set the market and their values in a few ways on a global scale. For the simple reason that moving into technology and not go for the new tech that will determine the fate of the large mobile and telecom players between 2019 and 2027 seems extremely short-sighted.

 

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