Tag Archives: Egypt

Start with the blabla

Yes, that is what it seems like. It feels like merely yesterday that we had COP26 and a young lady calling it a ‘bla bla’ moment. And with the actions of the exiting Brazilian president we might hope that the dangers to the Amazon are over, but I am not convinced. They were given until 2030 to fill there pockets and there is every chance that all but the final 1/3rd of the Amazon will be gone by November 2029. There is also other news COP27 will be held in Sharm-el-Sheikh. It is nice when these things are held in a place I know to some degree. I was there in 1982, there will be a lot of changes, but for some reason it clicks a lot more. The BBC gives us (at https://www.bbc.co.uk/news/science-environment-63517078) ‘COP27: ‘Climate chaos’ warning as UN summit begins’ where we are told:

At last year’s summit in Glasgow a number of pledges were agreed:

  • to “phase down” the use of coal – one of the most polluting fossil fuels
  • to stop deforestation by 2030
  • to cut methane emissions by 30% by 2030
  • to submit new climate action plans to the UN

Developing nations – which are at the forefront of climate change – are demanding that previous commitments to finance are upheld.

It is nice to stop deforestation, but Brazil saw that as a moment to increase deforestation by well over 20% at present, so we have that to deal with. In other news the Guardian gave us a list on November 2nd. This list (at https://green-alliance.org.uk/wp-content/uploads/2022/10/Global-methane-pledge.pdf) offers “a series of low-cost measures, which it says could reduce methane emissions from their 2020 levels by 43%.” I would state that we do not give livestock Mexican food, but the document is a lot more serious and they give us “The feed additive Bovaer/3-NOP, manufactured by DSM, could cut methane emissions from dairy cows by at least 40 per cent, if it was approved by the Food Standards Agency. It must be fed to cows regularly, making it immediately suitable for dairy cows but less so for outdoor reared beef cattle and sheep.” The two issues I currently have with it is the question whether ‘Bovaer/3-NOP’ has been properly tested for long term issues in beef and milk. We made similar mistakes before, lets not do that again. On the other hand it seems that the stock of DSM will go the roof if this happens. To be honest, with all the issues at hand, I cannot say how useful this meeting will be. Call me a pessimist, but the events following COP26 in Brazil made me weary of progress here and lets be clear Brazil will be the first screaming for money, yet where exactly are these deforestation profits going? 

In other news

I woke up from a weird dream this morning. I was in some kind of marketing trailer. They were running a large screen (85”) and the image war sublime, it allowed for 4K where on the image of a salesperson, and whilst we walked and moved in the trailer the image was captured and placed on the TV, we were midgets walking all over the person on the screen and it was uncanny. The feet the stance were all instantly adjusted to the new stage based on the images captured in the trailer. The angle of the feet, the angle of us as we ascended or declined the salesperson laying on a couch. They called it Oracle Eloquent, and it gets weirder. I looked it up a minute ago and it exists. Or at least Oracle Eloquent exists. I was unaware, I have not talked about Oracle for at least a decade. I learned two things in the dream. Oracle Eloquent was free with the video equipment, it was (I think) a stage of new marketing and direct editing to make video and events in Meta, in addition to this a person had a work login, a deployment login and a third login (not sure what it was). It allowed for some kind of AI based deployment (read: deeper machine learning), it seems that some players are ready for the big players in Meta, what I saw was overwhelming and I think that something like this will appeal for the entire top tier of the Fortune 500. I partially recall seeing some Apple advert and it was amazing, but even now the dream is falling into the realm of shades and beyond my grasp. The trailer was set up for a team of 6, they would be Abel to interact and combine options to create new miracles in a setting that is mobile. As such the trailer could be moved to different Coca Cola locations. But that trailer could be placed in a specific place, linked to power and AC units. A locked setting to get the next Meta trend event to take place. It was all I saw but the thing that threw me the most was “Oracle Eloquent Model. Updating Blob directly using OracleEloquent.” I found it half an hour after the dream, so I am in the dark. I searched my history but for the last two years I have not looked at anything Oracle related. I might have seen something in a place like Verge, but I am unaware of it. The brain makes the weirdest jumps at times. As such I am willing to accept that I could see the name subconsciously, but the rest, I am drawing a blank.

So, that is enough bla bla from me for at least 10 hours.

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Dopey to some

Yes, Dopey, a name I cloak myself in frequently, that loveable dwarf not right in the mind and that is me to a fault. I just saw Matrix resurrections. I did not really like it, that is not the fault of the actors, they all played their hearts out and you can see that. The story was clever, really clever but the WOW factor was missing. I saw the first three as a complete story and I was fine with it. There was nothing missing. It had the elements of a Greek Tragedy, it had action (a lot of that) and several other sides. I was happy. So when the 4th movie came out, I was not really on par with my thoughts, and it had been close to 2 decades. I still remember the trailer that I saw in Chicago, it blew me away, I saw the movie 8 weeks later in Europe and I saw it more than once. Then the DVD came. I reckon that plenty of people got a DVD player just for this movie and that is saying something. There was a WOW factor that numbers 2 and 3 continued. It was missing here, but it made it not a bad movie, it merely made me less interested and I was not alone in this, but it does not matter. The storyteller in me woke up. I had my own movie considerations. It is called ‘How to assassinate a politician’ and the story was made for the Arab world (Egypt, UAE, Turkey, Saudi Arabia, Pakistan) in this I personally believe it would be a hit, but that I my view. Then my mind created ‘Another Furlong’ after the whole 9 yards with Matthew Perry. Just now I saw the Hulu Trailer of Hellraiser, it might be a hit. Especially if they resurrect the Nightbreed franchise as well, in the comics there have been several interaction between these two and there would be enough materials for either movies of mini series. The mind does not sit still, so as I was contemplating ‘Miss Peregrine’s Home for Peculiar Children’, more important the other books. Not sure if Tim Burton is considering to make the others into movies, but if he is not any of the streamers should consider it. There are so many options, but we get to see (for the most) a newly resurrected version of Death Wish, Robocop, Firestarter or Flatliners. I have nothing against any of these movies. Yet where is thee good stuff? Where is the original stuff? Now, lets be clear Matrix resurrections is original, based on a franchise, but an original story. Yet where are the titans? Another Lord or the Rings? OK, this is the prequel, the rings of power. I grant you that, but we are so about seeing more of the same that we merely endure repetition, this was one of the reasons why I came up with ‘How to assassinate a politician’, not the most important reason, but a reason none the less. I wonder what more I could make. I started to pencil season two on the grandson of Hades (still no title come to mind), I made one on the stage of the past with Kenos Diastima and Residuam Vitam. And past that a few small parts that require evolution. Perhaps it is a dopey thought, but is this what most of us have resorted to? Repetition? I am uncertain but overall I see less awesome movies. I reckon that Maverick is the most overwhelming movie I have seen this year and that is not a good thing. Consider, how many truly good movies have You seen in the last 6 month? If you need more than a minute to name 5, you will be able to see my point of view. With Netflix, Hulu, Disney we see so many more works, but the overall quality is falling down, that is not a good thing. You might have another idea regarding this and that I fine, but I worry what we will get in 2023, 2024 and 2025. That might just be me though.

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The other currency

This is one of these articles that had to be written. Some will take offence, I get that, but it is essential to speak truthful, to speak my mind. Some will agree, some will not. The bigger the issue, the larger the polarisation, that has always been the case. Yet in this case I need to say upfront that this is not an attack on the media, this is not an attack on the writers of the articles that I will oppose. This needs to be said upfront, not after the event. In addition, some will agree with the article, that is fine. Be not afraid to have a point of view, be not afraid to oppose me (or others), your point of view is not invalid, it is merely differs from some. 

The setting started with the article (at https://www.theguardian.com/uk-news/2022/sep/01/shamima-begum-justin-trudeau-to-follow-up-canadian-spy-claim). There we see ‘Shamima Begum: Justin Trudeau to ‘follow up’ Canadian spy claim’ and in addition we see “Canada’s PM defends need for ‘flexible and creative’ intelligence work by CSIS after claim operative delivered 15-year-old to Islamic State” with the added “were met at Istanbul bus station for their onward journey to Syria by a man called Mohammed al-Rashed. Rashed was also an informant for Canadian intelligence, who told the Met police of their connection with him in March 2015” Here we see the first problem. We are ‘informed’ to focus on ‘were met at Istanbul bus station’, but there was a lot before that. The recruiter/lover-boy who initiated contact, The fact that the girls thought they were grown up by keeping silent to their family, the people around them. They ignored it all and they became TERRORISTS. Canada did the right thing, they kept quiet and documented as much as they could for as long as they could. The fact that these girls arrived in Istanbul unopposed, unquestioned and no red flags were raised until then. That opens a lot of questions on this issue right from the start and I see nothing of that. 

And now we get to the important bit “Her family’s lawyer, Tasnime Akunjee, argues that Begum was trafficked out of the country. The suggestion that a western intelligence asset may have been involved, including organising bus tickets for her, will reignite the debate over the removal of her British citizenship.” You see, as I personally see it, ‘trafficked’ implied ‘against their wishes, or optionally under false pretences. This was not the case. These girls KNEW that they would be going to Islamic State, more important. The stage of ‘a western intelligence asset’ was not the case until Istanbul, a little over 3000 Km. We do not get to see that either. There needs to be a price for assisting terrorists and now she is paying. 

You see you people need to learn that there is no option for terrorists. If you give them one you get to learn a very hard lesson, one with hundreds if not thousands of cadavers. There is a much larger issue. You see the bigger enemies of Islamic State are not the people you expect. It is Jordan, Saudi Arabia, Oman, Qatar, Pakistan, Iran, Indonesia, Turkey, Egypt, Syria, United Arab Emirates, Islamic nations all. This is not some islamic debate, Islamic State is a collection of wannabe tyrants, all wanting their own nation where they rule with iron hand. So where is that land? It is in every nation and it was for some time a large chunk of Iraq. I reckon I will be around when I get to put the ‘protectors’ of Shamima Begum in the limelight as co-conspirators towards the dead that we will undoubtedly see. At that point they will all hide, they will all demand silence and they will all shun and the media will let them. It was unfortunate, but it happens. That is where we are heading and as far as I can tell, Canada and the Canadian Security Intelligence Service (CSIS) did whatever they needed to to keep Canada safe. These are not thieves, not bank-robbers and they were certainly not innocent. They are terrorists and that takes a whole different approach to keeping a nation and its citizens safe. And lets be clear, there are close to zero nations that condone Islamic State and we need to realise that if Islamic governments will not deal with them, how far have we strayed from the path by giving them leeway and listening to some crocodile tear approach? That path will lead to a lot of innocent deaths.

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Stirring the soup

Things are afoot in the Kay es Ah (Kingdom of Saudi Arabia), but to see this we need to reflect on a few items. The first one is (at https://www.abc.net.au/news/2022-08-10/twitter-former-employee-convicted-of-spying-for-saudi-arabia/101318490) and gives us ‘Former Twitter employee convicted of spying for Saudi Arabia’, the simple setting is that this happens, If Jack Dorsey had played a few items over to the NSA, no one would hear if it, but when a non-American agency gets the key to the Twitter Data Kingdom, it becomes news. So when we see “Ahmad Abouammo, a US citizen and former media partnership manager for Twitter’s Middle East region, was charged in 2019 with acting as an agent of Saudi Arabia without registering with the US government.” And then someone slips, the text becomes “used their positions to access confidential Twitter data about users.” It is ‘their positions’ which is plural, so how many were caught? We get it with “This included their email addresses, phone numbers and IP addresses, the latter of which he used to identify a user’s location. A third man named in the complaint, Saudi citizen Ahmed Al-Mutairi, was alleged to have worked with the Saudi royal family as an intermediary.” So was the second man? We see that in the end when we get “The FBI still lists Ali Alzabarah and Ahmed Al-Mutairi as wanted.” Well, this is 3 years ago, so the other two are optionally celebrating their success in Riyadh. Espionage happens, it can happen where ever we see this much user data. The fact that this had gone on, and we do not see HOW LONG this had been going on should also be reflected on all this, it should see us accept the larger Elon Musk discount for data copied into other places. Transgressed data loses values and as stated “This included their email addresses, phone numbers and IP addresses, the latter of which he used to identify a user’s location.” And nowhere do we see for how long this was going on before the alleged culprit was arrested. I state alleged, because we do not know (or we are not told) what spy one did and what spy two did. The court-case might shed light on this, but he was acquitted of several points, so there.

Then it is time to add vegetables to the soup in the form of a story (at https://www.silkroadbriefing.com/news/2022/08/10/china-saudi-arabia-announce-massive-strategic-partnership-energy-agreement/) there we see ‘China, Saudi Arabia Announce Massive Strategic Partnership Energy Agreement’, it was what I said months ago, they might drill more but that does not mean it goes to the place we hope/expect/wish it will go and now we see this, a larger gain for China and the agreement between Aramco and Sinopec, which showed a fear I expected to come for almost two years, with “The two companies will join hands in renewing the vitality and scoring new progress of the Belt and Road Initiative and Saudi Vision 2030” we see a larger gain for Chinese construction and a loss for western ones. This was the setting I feared, because it means that there is no relief for western construction. The little tidbits thrown at them like scraps are the only ones they are likely to have. In a place that I about to invest well over $1,000,000,000,000 for new buildings in Neom, as well as the line, there is now a decent chance that the small hidden engineering texts will be Arabic/Chinese and not Arabic/English. A station that was always likely to happen, but now it seems it is becoming the passing of a fact. 

The third ingredient in any soup is the stock and water. That is given to us through an article (at https://www.reuters.com/world/middle-east/saudi-egyptian-investment-co-invests-13-bln-four-egyptian-firms-2022-08-10/) by Reuters. There we see ‘Saudi Arabia invests $1.3 bln in four Egyptian firms’. It is not the amount, when you invest 0.1% in companies after you set in motion  building bill, we see the appearance of dwarfism. It seems like a speck, but you would be wrong. This event will give larger rise to the final ingredient and here we see “The companies are Abu Qir Fertizilers and Chemical Industries (ABUK.CA), Misr Fertilizers Production Company (MFPC.CA), Alexandria Container and Cargo Handling (ALCN.CA), and payments firm E-Finance for Financial and Digital Investments (EFIH.CA).” And we see nothing weird here, not when you consider the larger building needs, this makes absolute sense and “Saudi Arabia has already provided billions in support since Egyptian President Abdel Fattah al-Sisi came to power in 2014. The United Arab Emirates, Qatar and Kuwait this year all promised to increase their investments in Egypt” does not change that. But the water and stock are mere building blocks for the vegetables to connect to, it is the beef, the beef completes the picture. This is seen (at https://www.datacenterdynamics.com/en/news/mobily-signs-mou-with-telecom-egypt-to-build-submarine-cable-from-saudi-arabia-to-egypt/) and you might think that it does not make sense. How does ‘Mobily signs MoU with Telecom Egypt to build submarine cable from Saudi Arabia to Egypt’ imply beef? Well this started for me at least a little over three years ago, 3 years ago, before the Covid started hitting us that the Kingdom of Saudi Arabia had, with Neom an uncanny option to become the large (optionally largest) 5G powerhouse of the Middle East, stretching into Egypt and becoming the 5G powerhouse in the Mediterranean with larger options towards stretching into Europe. Now, I do not fear it, telecom powerhouses are often awesome, but this states that the larger players (like Vodafail) are seemingly asleep at the wheel and the KSA has nothing opposing Huawei, it is the foundation of Saudi 5G, so now the 100,000,000 Egyptians will fuel the 35,000,000 5G users all over the KSA and as Neom becomes a 5G hub for Europe, the Middle East and Asia, the Kingdom of Saudi Arabia becomes the one powerhouse no one saw coming, and those who did were awfully quiet about it. 

A stage that I saw coming 3 years ago is now gaining momentum and optionally they will get a lot more over the next 2-3 years. And Europe with their promises will go nowhere, as someone ones said, a promise and an empty sack are worth the empty sack and with the beef giving fragrance and texture to the soup. 

I will offer you the position of the fifth element in an image, it is the soul of tastebuds and it matters, because the place and ownership of the fifth element are not a given, not even how they will become part of the equation, but they are there, not in the tall grass, but out in the open. Someone has a double role to play and I honestly do not know who, where or what they represents, but when you make soup, you can add your own ideal mix, or rely on people to grab the fifth element, and that is what I did. I added little of the spices, so the consumer of soup will add it themselves opening the field for player number five.

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Interestingly unknown

It was the BBC that got me here. Their article ‘Arabs believe economy is weak under democracy’ (at https://www.bbc.co.uk/news/world-middle-east-62001426) has a few debatable sides, but these debates come from a preset mind that did not have access to all the evidence (read: raw data). Yes, that would be my mind, but the setting is interesting. And the mental race get tarted with “Michael Robbins, director of Arab Barometer, a research network based at Princeton University which worked with universities and polling organisations in the Middle East and North Africa to conduct the survey between late 2021 and Spring 2022, says there has been a regional shift in views on democracy since the last survey in 2018/19.” And when we get to ‘Rise in people who agree the economy is weak under a democracy’ we see that nearly all of them went up, only Morocco remains under 50%, the rest is higher and Iraq gets up to nearly 75%. It is interesting that a question ‘This country needs a leader who can bend the rules to get things done’ There too Morocco is in a doubt, but so are the Palestinian territories, the rest is largely in favour of that statement. In most cases, the economic challenges are on most minds and that makes sense. Only in Tunisia, Iraq and Libya is corruption a much larger fish than other nations. It is when we get to the question ‘More than one in three people ran out of money to buy more food’, the question seems trivial, but the fact that it is 68% in Egypt seems OK, it is the fact that the same question scores below 50% in Lebanon, Jordan, Morocco, and Palestinian Territories when we see the News from all kinds of sources the fact that food prices and hunger is not on the forefront in at least 2 nations comes across as weird to me, yet as I stated. I never saw the raw data and these results should be scrutinised. The lack of an N is several charts give rise to debate, Also, it seems nice to see percentages, but if Jordan has an N of 3500 and Libya has an N of 12500, the setting becomes slightly warped and weighting data is dangerous, especially when you compare different groups. There is a lot more, but that is not up for discussion without seeing the raw data and the complete report. But I am speaking too soon, you see at the end we see “The project interviewed 22,765 people face-to-face in nine countries and the Palestinian territories” yet the one thing I do not see it that the cultural stage towards government changes per region. You see Tunisia, I see Kibili, Sfax and Kef. And we can do that for each of the nations. Now it is possible that the Arab Barometer took all that in account, but I cannot tell at present and lets be clear. I am not attacking the article, or the results. I like the setting, but at all times I keep a skeptical mind awake. The setting that clearly shows the desire for strong leaders is nothing against a democracy, it is that democratic nations have largely shown nothing more than indecisiveness and ‘corporate corruption’ to coin a phrase. There is a lot more going on and the fact that the media is part of the problem is also a debatable setting in all this and the Arab nations have seen too much of that too, but that too is a debatable side in all this. In the end, the article is good reading and it does refer to sources and methodology. If only the BBC had thought a few matters through and added a few more parts, but as I stated, these thoughts are debatable, so I am putting myself under similar scrutiny, because I would hate to judge anyone on items that seem incomplete. And it is one of the final parts “It is of Arab world opinion, so does not include Iran, Israel or Turkey, though it does include the Palestinian territories. Most countries in the region are included but several Gulf governments refused full and fair access to the survey. The Kuwait and Algeria results came in too late to include in the BBC Arabic coverage. Syria could not be included due to the difficulty of access.” So the question is raised with “several Gulf governments refused full and fair access to the survey” Did that include Oman, Qatar, Kuwait, Iran, Saudi Arabia and Yemen? Yemen might be excluded for a few natural reasons, but the others? 

A setting that requires scrutiny, because the Arab voice with 6 missing voices? It does not make the other views invalid, merely debatable and optionally one sided as the UAE, Oman and Saudi Arabia are Monarchies, but that is merely my view on the matter.

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What happens when colours do not mix?

That is a weird question, it is actually a conundrum and as such we leave it out in the grass. A few hours ago the middle easters eye gives us ‘Saudi Arabia lifts unofficial trade embargo off Turkiye’, a stage and a half as I would think. There we see “That boycott was primarily due to the clash of foreign policy goals between Riyadh and Ankara in the region, with the two backing opposing sides in Libya and disagreeing over the legitimacy of the government in Egypt installed after the 2013 military coup. Turkiye was also pushing to bring to justice those responsible for the murder of exiled Saudi journalist Jamal Khashoggi in Istanbul in 2018, in which it maintained that the Saudi government and Crown Prince were involved.” Which was what was expected. Whether it is dialogue, party lines or something else, the language is not a surprise. What was interesting is the article a month ago called ‘Did Turkey bow down to Saudi Arabia?’ (At https://www.middleeastmonitor.com/20220509-did-turkey-bow-down-to-saudi-arabia/). There we are given “Bilateral relations were also badly strained after the murder of Saudi journalist Jamal Khashoggi by a Saudi hit squad at the Kingdom’s consulate in Istanbul in 2018. At the time, Erdogan accused the “highest levels” of the Saudi leadership of ordering the murder, but did not name any official”, as well as “Khashoggi’s murder triggered a global outcry against the Kingdom and Bin Salman, who is its de facto ruler. Turkey insisted on seeking justice in Khashoggi’s case and commenced legal proceedings; the CIA accused Bin Salman of ordering the murder. However, no country or international body has taken even a small punitive measure against Saudi Arabia.” Yet this is not quite correct is it? In the first we see “the CIA accused Bin Salman of ordering the murder” which they never did, they stated that it was highly likely (which does not constitute evidence), The UN report is out in the open, so you can check it for yourself. Then we get “no country or international body has taken even a small punitive measure against Saudi Arabia” and there lies the rub. You see if you had properly examined the UN report you would see that there was no evidence and the number one piece of evidence was that the report NEVER gave a proper digital report that the voice was confirmed and without doubt the voice of Jamal Khashoggi. We saw spin after spin, but no one properly digitally examined and tested the tapes. There is even an issue with the full tape, no report gives us any understanding that a tape even existed, merely bytes of audio and those were not properly forensically tested to ascertain the identity of the voices. When you see these two elements in a United Nations report no less, you will start to see what I saw within an hour of that UN report being made public. A hack job and a bad one at that. So after the blunders that President Recep Tayyip Erdoğan committed, first with the EU, then with US, then Russia (S-400 missiles) it comes over that he need all the friends he can get and he will do whatever he can to not go under and he does not have that much options or any credibility as I personally see it. So when we see “Erdogan was enthusiastic about the meeting because he sees trade with Saudi Arabia as an important requirement for the revival of Turkey’s economy, and regards Riyadh’s political and diplomatic support as vital ahead of next year’s presidential election. He also knows that the catalyst for his country’s estrangement with the Saudis, the Arab Spring, has ended in all but name.” We need to realise that the only other option is China and China would want assurances, something Turkey has no option or intention to give. Commitment is not high on their calendar. And they need something now, it is not about “the revival of Turkey’s economy” it is about having a longer stand against whatever comes next. And now that Iran overstepped its options in Turkey, Turkey will see Saudi Arabia as the only option and they are not wrong. How this will play out? I cannot tell, it makes sense for Saudi Arabia to allows for trade with Turkey, it makes more sense for them to see all connections that nations have with Iran fade away. 

The media is to some degree monitoring what is happening here, but not to the degree I expected. You see there are a few options opening up for Saudi Arabia, and Turkey has to commit now, or learn that being alone with neighbours they sold short one way or another is not the way to go. For Saudi Arabia and the STC, Turkey is another option to get a true 5G middle east network up and going, optionally 2-3 years ahead of Europe and the US. As such STC could have surprisingly profitable franchises in Egypt and Turkey in the near future, it could set a new premise. It would also be the first time in history where the STC (and Saudi Arabia through it) would reach North Africa and optionally Southern Europe as well. Something that they never did before and that opens up more than Nokia, it speculatively opens up new options for Huawei as well. It is too early for predictions, but the idea that they grow by 50% before 2024 is not out of the question, especially if their foothold in Egypt and Turkey continues. A thought that people would have ridiculed in 2017 is now on the borders of reality. So when do colours not mix? When you never had the right colours in the first place, that is when. A stage we negated for too long a time and now with Turkey it comes to the forefront rather quickly.

613 seconds until Monday morning, enjoy!

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The Jamocratic joke

Yup a wordplay and it is not the only one I have, but it is one of the less ‘hurtful’ ones. In the first, I have a republican mindset, I have always had that. I oppose Trump in all its glorified stupidity. I believe the US lost a great man with the passing of John McCain and I think the republicans wrongfully stabbed Liz Cheney in the back on the words of a bully, but we will have a reckoning on that later. Today we start with SkyNews who gave us ‘‘Morally bankrupt’: Biden ‘humiliated’ by Saudi Arabia and oil companies’ (at https://www.skynews.com.au/world-news/united-states/morally-bankrupt-biden-humilitaed-by-saudi-arabia-and-oil-companies/video/5819a070a892b5de3db7a8f259bff9c6), now granted the news is 2 days old. I wanted a little time to mull things over, but the text as given by “The president said it’s “unacceptable” that oil companies are making record profits during “a time of war.”” Oh? America is in a war? Who are they in war with? With their ‘proud boys’, with their failures? The list goes on and it is not a nice list. They gave the power to Wall Street and Wall Street ants ledgers, not excuses. 

And we were given a list of the oil companies

Marathon Petroleum, Valero Energy, ExxonMobil, Phillips 66, Chevron, BP, and Shell.

Marathon made $69B in 2020, that was their operating income, Their Net profit was $9.9B in 2020. Valero might have had a larger revenue $117B (2018), but a much lower Net profit which was a mere $4B (2018), Exxon mobile was the bigger player with $276B (2021), yet only with a Net income of $23B (2021), less than 10%. Are they corporations? Yes they are! They own responsibility to their shareholders and 10% does not add up to much and the statement of “record profits” does not add up, well not completely. You see Biden was handed a bad hand and the Russians gave that to him, so to see him blame American companies is one failure, to nag and bitch to the Kingdom of Saudi Arabia after he vowed to make them a pariah on something lacking clear evidence is a second failure. None of these players owe him, or the American people anything. This is the setting of a commodity driven economy. Consider the list. The US is one of the top three oil producing nations, so why is all that oil squandered? Why did the presidents (all of them, Republicans as well) not halt the consumption of oil? Why was something not done 20 years ago? I have articles spanning back decades on this folly. In 2015 Americans told me to shut up (fair enough), but now they do not get to scream! 

They can have ice cream (to soften the blow) but not whinge and whine. 

You see the problem is so much larger, and the US is part of that problem, it was never part of that solution. In 1999 crude oil was at an almost all time low of $19.35 a barrel. The cost was so low that oil providers started to shut down, the only time is was lower was in July 1946. Oil has had a rollercoaster life with tops in 2008 ($187) and April 1980 ($142), so as it is now at around $114 I would say “You ain’t seen nothing yet”, oh and before I forget what wars were the US in in 2008, or 1980? 

No, as I see it when you decide to hand the reigns to Wall Street, you cannot ‘yap’ like the little chihuahua. A commodity driven economy does not care, it does not care that your granny is sick, that the dog ate your homework, or that the mistress will not have sex with you as you only bought her a Microlino instead of a Dodge Challenger. All parts a commodity driven economy cares nothing about.

And Saudi Arabia? They need to do what is best for their country, not what matters to their greed driven customers. Does it hurt me? Yes it does, but that is the world I live in. I do not control oil, I do not control wealth, as such I am its plaything just like anyone else. As such SkyNews has a point with “US President Joe Biden has been criticised as “morally bankrupt” and “weak” in regard to his energy policy after it was revealed he is planning to visit Saudi Arabia to discuss the global oil crisis.” Yes, it is one way to look, but if he cannot control the American people who are eager to dig a deeper grave by the day (they are almost deep enough to say ‘Nǐ hǎo’ to the Chinese people) and no one in the US is stopping the need for oil, higher prices is where it will be. A simple setting of Supply and Demand.

It is getting worse, less than 3 hours ago we were informed (by Reuters) “Egypt and Saudi Arabia have signed 14 agreements valued at $7.7 billion during a visit to Cairo by Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman” in addition there is “the establishment of a $150 million “pharmaceutical city” by Egypt’s Pharco Pharmaceuticals in Saudi Arabia” That is the true benefit of being a true ally to Saudi Arabia, a setting now starts that will cost the American coffers billions, just as I predicted will happen in 2016, 2018, 2020 and now we see the first (or second) impact in 2022. The US pharmaceutical branch in Saudi Arabia will lose power, Egypt will rise. Egypt will offer services to the Kingdom of Saudi Arabia for billions, those billions are lost to the US and the EU. This is the impact of a failed policy that never had any strength to begin with. 

So in all this, the administrations of the US (not President Biden) failed its citizens. The administration set the paper tiger in motion that looks nice, but when the people around it know that this tiger is paper (unlike the one below)

There will be a lack of reaction, a lack of adherence and that is when we realise there was never any need to adhere to anything. So the American people pissed off the KSA and Elon Musk (both energy saviours). So how exactly was that letter anything but a bad idea even before it was written? I see it was a desperate act of an administration that saw its fuel policy go to $5.87 (from $2.17) a rise of well over 100%. We get the desperation of the letter, but the expectation of success is equally laughable. As such what is the letter anything else but an admission that bankruptcy is merely just around the corner? When this all comes to blow the larger setting will come into play and there Wall Street will get to learn the lesson that absolute greed has merely one direction and it is not a good one, but those in Wall Street will have packed up their 8 or 9 figure balance and they will have headed for a zero tax shelter with warm sands and warm beaches. The rest? Well good luck to them. Oh and do not forget winter (and the need for heating fuel) is a mere 17 weeks away now. 

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Work to live, live to enjoy

It is the proper setting, work to live is now no longer added by live to work but live to enjoy and it is setting a different coil in the US. With 28,000 jobs gone, the Guardian (at https://www.theguardian.com/business/2022/mar/24/us-unemployment-lowest-level-since-1969) reports ‘US jobless claims fall to lowest level since 1969 as states float rebate checks’, it is a good step for the us, you see as jobless claims fall to such low levels, there is an option to actually reduce debt, one millimetre at a time and there are yards to go, so it will take some time. If only the tax laws were overhauled it might become centimetres at a time, but all administrations had found excuse after excuse why not to do that and it will take decades to get a chunk out of the $30,000,000,000,000 debt. You still think that overhauling US tax laws is not essential? 

But that is the bad news, for now this administration can report that “Jobless claims fell by 28,000 to 187,000 for the week ending 19 March, the lowest since September of 1969,” and with all the bad news, that is one piece of good news that they can really use. On the other hand, as the IT structures change it might be a short lived gain. I am not stating that this good news will follow bad news, but as I see it over the next 18 months Microsoft will be in serious problems on three areas, it will force to lay off staff, on the other hand these people will be able to get a job almost immediately with IBM, Google, and Amazon. And with the laster changing station it will push revenues to new heights in several places (except Microsoft that is). And with the news ‘Amazon to create over 1,000 jobs with first logistics hub in Turkey’ Amazon sets another foundation, the first of three new cluster allowing them to gain even more revenue in 2023/2024. It will also work towards those 50,000,000 additional consoles and that is merely the start for Amazon and the beginning of much larger losses for Microsoft. Too bad they already handed over the $87,000,000,000 they could have used it to invest in innovative products, oh wait. That was what they wanted to do, what a shame they walked into the wrong direction and when you see that and realise the news (three days ago) gives us ‘Amazon further accelerates investment in Egypt, creates 2,000 new jobs’ the second of three clusters is set and the last two (the fourth is optional but decently essential) Amazon has taken steps to push Microsoft out of the gaming world (well, the most powerful console in the world becomes obsolete before it could shine), but the Nintendo Switch shines a little brighter than Microsoft, the least powerful nextgen console in the world defeated the most powerful one and soon a bookstore (read: Amazon) will add to the defeat of Microsoft and push it to fourth position after that the sliding scale will go a lot faster. The only crunch is that I would prefer that Amazon buys my IP before they can work out what was missing. (I am not greedy, merely hungry for a nice retirement) So soon we will see all the steps Microsoft missed and whilst they could have been going back to the n top position, their delusional side would not allow for it, their Azure and lack on several fronts got them here and should Adobe get involved. The fourth loss for Microsoft would be close to disastrous, but I already wrote about that and even as we see all the news, we also see that Amazon is getting ready to push back and they will push harder and more successful and too many will see Microsoft bleeding, after that the game of spin is on and spin only works if the people are willing to believe you and that group is shrinking rapidly. Yet it also reflects back on the 187,000 unemployed. For now there is no issue. As the Microsoft employees see the hard setting they face, they will all move to the other three, optionally places like Oracle and a few other places that will need people and the rush will start. In the end I do not know where the numbers end, but at present there is no negativity to be expected (if you aren’t Microsoft), and that starts a whole new stage. Even if we are alerted to the fact that unemployment is the lowest since 1969, the US will soon face a new challenge, a workers shortage and that is the larger station that follows, it will drive incomes up by a lot and even as the hungry sharks will focus on the Microsoft cadaver, it will not be enough and commerce needs the influx. Where it will come from? Your guess is as good as mine and beyond all this there is still China to consider. It too needs tech people, where they will come from? I honestly do not know, but there is every chance that some will come from the US. So whilst some will Ive to enjoy some will see an option to fill there pockets so that they can retire a few years earlier and enjoy more and longer. Which will drive up worker shortage even more and push the limits further, so when you see another ‘positive Microsoft story’ wonder where it comes from and what else is out there. At present Amazon is in place to push Microsoft down the hill straight into the basement only one tier remains missing (for now) and that will set the larger gains for Amazon. 

Amazon apparently is ready works to live and lives to become a ruler on more than one hill.

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A symphony in only two parts?

That is the question at times. We see two events, two articles and we forget that there are a dozen other connections. I am not different, at times I overlook them too, not always but frequently. It is a mix of a larger stage, more connections, more unregistered events. Yet for now we start with the first nail in the coffin of American economy. The article from Reuters (at https://www.reuters.com/world/middle-east/saudi-arabia-invites-chinas-xi-visit-wsj-2022-03-14/) gives us ‘Saudi Arabia invites China’s Xi to visit’, the article states that this could be as early as may. Right before the Midterms in November 2022 the US is now likely to face that dozens upon dozens of billions walk from the US side straight into the hands of China (and me missing out on commission, darn). Is this a given? No, of course not. There could be a dozen reasons why President Xi Jinping might be visiting. But how often has ANY Chinese president done that? And Crown Prince Mohammed bin Salman Al Saud is eager to set his defence and SAMI to higher values and I was clear in the two years that this was coming and as far as I can tell, President Biden has soured the waters enough for this to become a reality. Some focusses on weapons being sold, I say in THIS economy you should not ignore the nations Saudi Arabia, India, Egypt, who are the largest importers. In this stage where the US HELD 37% and China only 5.2% the stage is now set where China can progress a lot higher on that list and should they get the bulk of Saudi and SAMI attention there is a clear stage where the new numbers will represent (2023/2024) could state that the US hold 25% and China then could be holding 17.2%, it then places China right next to Russian exports and the US a lot more to that stage, a stage where it is now an almost fair fight between the US, Russia and China, but to be clear was that EVER an economic stage where you WANT a fair fight? A stage where China overtakes both France and Germany as supplier? This is the stage that could inhabit the Middle East and that is merely the beginning. You see the partnerships that the Kingdom of Saudi Arabia and Egypt have also sets Egypt in the sights of China as a defence trade partner, a stage a few people overlooked and that drives Chinese export achievable needs up a lot more. So the damage to the US might increase over the coming year and those who want to be in denial, go right ahead, the article with ““The crown prince and Xi are close friends and both understand that there is huge potential for stronger ties,” the report quoted a Saudi official as saying. “It is not just ‘They buy oil from us and we buy weapons from them’.”” I like the part “It is not just ‘They buy oil from us and we buy weapons from them’” the best, it might not be merely just, for China that is a good deal in several ways and when that deal gives China more oil, it will mean that it gives the US less oil a stage they feared for some time and the oil market has been volatile on these fears alone. So when I was mentioning that whatever relief the oil prices give us today, tomorrow will be different and now we see that fear come to fruition, not immediately mind you, but the price of fuel will go up again and again, how high? I cannot tell but the stage where we saw the American administration make statements like “You can pump more oil, so pump more oil!”, it was nice but there is now every chance that the extra oil (plus a little more) goes to China. Will the UAE do the same? I cannot tell, but the US better become best buddies with Sheikh Khalifa bin Zayed Al Nahyan and Sheikh Mohammed ibn Rashid Al Maktoum, because if I see this right, the US will need every friend it can muster in their oil needs (a few others too) and in that need they better realise that catering to Iran will not merely be unrewarding, it will soon become dangerous on more than one field as well. I mentioned two years ago that yielding the Middle East to China would be one of the most dangerous things ever, and that was merely economically. Now we see one field exposed and the construction opportunities in Neom could also go towards China, a stage that makes the US (EU too) more and more irrelevant, a stage the US themselves threw upon their own economic needs. Now that it is becoming more and more realistic these people will not be allowed to cry with the “Why oh why” statement like little chihuahua’s. Or as my grandmother used to say “You do not bite the hand that feeds you” a practical lesson that the US will now face within the next 3 months and the 2 years that follow. A stage that the Biden Administration failed to spot in some stage of ignorance and now as we see it optionally unfold (it might be that President Xi Jinping is visiting to buy real estate in Neom) some might see the dangers that are coming the next year or so and the impact over the next decade. I merely loose out on commission (oh, poor poor me). 

 

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The next Furlong

Yes, that happens. We all look at races, we all enter horse racing (not betting I mean) and then we look as the wrecks stack up. This story goes back to 2019, I am certain I made mention before then. It was ‘The seventh guest’ (at https://lawlordtobe.com/2019/06/21/the-seventh-guest/) when I wrote “I would like to discuss the purchase of 20-30 Chengdu J-20 fighters. In light of both a first order discount, as well as a student discount (we are all students on the path of life), I believe that should the talks be successful, that 20-30 planes at a unit cost of $27.35 million (with rebates, discounts and commission applied), in addition the 2 years of full service with no regards to hours flown, mileage traveled or missiles fired. This is based on 2016 flyaway cost. The benefit is that these fighters will be directly engaging Iranian forces and as such you will have access to a massive amount of data enabling you to start on the 6th generation fighter, optionally making you the first country to have one. We would also be interested in the testing of the Xian H-20 prototype that is now nearing completion. If the specs are as they are claiming to be, it will help us in removing morale from Tehran and from the IRGC as a whole. In this the unofficial word is that the sky is the limit as regarding to the price of this place (my 2.17% commission still applies). My client is ready to upgrade several army based parts (both light and heavy guns), however I hope that this part can be tabled until Iran decides to attack directly, at which point Saudi Arabian boots on Iranian ground becomes a direct first”, and certain people laughed, the laughed loud and pointed at me. It would never come this far. And now we see (at https://www.globaltimes.cn/page/202203/1254377.shtml) ’FC-31 stealth fighter spearheads display of cutting-edge Chinese equipment at Saudi Arabia’s 1st World Defense Show’, there we see “The Chinese arms industry brought a wide selection of cutting-edge weapons and equipment, including the FC-31 stealth fighter jet, to the ongoing first edition of Saudi Arabia’s World Defense Show in Riyadh. China can provide finished advanced gear and also transfer technology that enables domestic development and production, analysts said on Tuesday.” And although I lose out on a commission of 3.75% (my life sucks), the stage I saw coming in 2019 is now becoming a harsh reality for the US and the EU. Not laughing now, are they? And it is not even the worst of the setting either. That is seen when we add ‘Saudi Arabia and UAE leaders ‘decline calls with Biden’ amid fears of oil price spike’ (at https://www.theguardian.com/us-news/2022/mar/09/saudi-arabia-and-uae-leaders-decline-calls-with-biden-amid-fears-of-oil-price-spike) the other part I discussed a few times over is coming to fruition (for the Kingdom of Saudi Arabia), the entire US pariah setting on lack of EVIDENCE is a bed they themselves made. You can call the consumer names again and again, but realise that this person can shop somewhere else and can not deliver to you, ask any supermarket, ask any grocer, butcher or baker. And now these stations are coming out, China is sitting on the sidelines laughing loudly. And the entire issue in the EU is not helping any. All setting I saw YEARS ago and now it is out on the 20 yard line the US is trying to set some premise to avoid the setting that was clear in the open. So when we now see the US playing courtesan to whomever will supply cheap oil, what was the direct label for such a person? It was clear as day and I illuminated that danger years ago and the blog is ‘evidence’ that I did so. A station that could have been clearly avoided from the start and that I perhaps the biggest failure of all. If I can see it and I am not the most clever person around (around two IQ points below Alan Turing) so why did THEY not see this coming? The lack of long term vision is staggering and the need for “also transfer technology that enables domestic development and production” implies that the Crown Prince Mohammed bin Salman Al Saud implies that he is now on track with the promise towards 50% in house manufacturing via SAMI (Saudi Arabian Military Industries), so the Kingdom of Saudi Arabia gets even with the people playing with them, these players are massively losing out on revenue (me on commission, darn) and these players are now in a much worse position all whilst China becomes the top dog yielding the bone the EU and US are basically fighting over. 

As such we now see how much a failure (for the US especially) Davos in the desert 2019 was. So whilst some state it was a ‘shameless return of business and government leaders to Saudi Arabia’, we can now clearly see that it is about to become a massive trove of revenue that could pass the US and EU by on a few levels and they did this themselves. It was not unforeseen and as such I wonder what the next stupid act we see coming from the US and EU? Contemplating larger concession towards Venezuela and Iran? I cannot speak on the Venezuelan side, I know too little, but the concessions towards Iran will upset both the Kingdom of Saudi Arabia and the State of Israel even more. And both could optionally sour the milk for both the EU and US for any 5G they hope to set in Egypt. Another place of revenue loss, was that not clear to these people?

As such I wonder how the next furlong will play out, because in the end the US and the EU are in a series of horse races. One race is defence spending, another is telecom spending and then there are still the infrastructure and manufacturing races on the schedule. All now with both the US and EU degraded to second or even third choice, because whatever you think the Kingdom of Saudi Arabia needs to do, it needs to do what is best for the kingdom and that leaves Russia as a contender (for now). Several races with less than optimal choices and it could have been avoided to a much larger degree. Do not take my word, investigate and form your own opinion, but as I see it it soon becomes another stage where I get to say ‘Told you so!

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