Tag Archives: Islamic Law

Bitches on parade

Yes, the time is now nearing. Bloomberg gives us (at https://www.bloomberg.com/news/articles/2019-08-25/bankers-head-to-saudi-arabia-to-compete-for-world-s-biggest-ipo), and as it starts with “Global banks will this week start making their case on why they should be hired for what’s set to be the world’s biggest initial public offering“, we see an interesting shift. It is the initial public offering (IPO) towards Aramco and all the bankers are dressing up like they are the bitches on the Easter parade. The question is how will these American bankers be seen? Those who were eager to exploit their options; events emphasized via media friends these so called events of Jamal Khashoggi. Should they be allowed to make a bid? As Bloomberg informs us on “The oil producer was originally working with Evercore Inc. and Moelis, as well as HSBC Holdings Plc, JPMorgan Chase & Co. and Morgan Stanley“.

Now let’s walk a little time line, Morgan Stanley chairman and chief executive James Gorman gave the people on January 24th 2019 (several sources) ““The murder of Jamal Khashoggi in the Saudi consulate in Istanbul was utterly unacceptable,” Gorman said as he responded to questions on a panel“, yet actual and factual evidence was never presented, was it? Merely speculation on events and evidence that remains debatable. OK, I feel certain that Khashoggi is unlikely to be alive, but there is nothing pointing at ACTUAL evidence and the essay by Agnes Calamari never changed my position. Perhaps merely wrongly chosen words by James Gorman, which now implies he should not be part of this $100 billion+ windfall (I’ll take his place). Then we get to J.P. Morgan Chase CEO Jamie Dimon, he pulled out of the conference on October 2018, so he should be disregarded as well (I’ll fill in for him too). Now, HSBC Holdings Plc held their ground, in light of innuendo, the active use of implied events that remained unproved, HSBC Holdings Plc kept a straight wave; this was business, not emotion, so I say welcome HSBC (if I had a say in the matter).

And the story on Evercore Inc. and Moelis is simple, they blew their chanced way before July 2019, as such it seems that they are out of the picture too. I am of course willing (for a modest fee) to take any of those three seats, business is business. I have no idea what I would be doing, yet uniting with HSBC whilst we share 50% and I get a really nice retirement bonus to unload my part to them is not out of the question. This is a market worth well over 100 billion, I’ll be really willing to take a 7.5% part and hand the rest over to HSBC, I reckon that I am the first person in their history to hand them close to $40 billion for them being supportive to my needs, the average hooker gets $50 at best, so there! Oh, and I do realise that there are Chinese banks eager to take place, so it might end up being a three way split.

And a man like me has dreams, with that amount a nice house in belle air and a super yacht becomes an actual reality (yes, I am typing this whilst I am not awake at present). The stage for me is simple and clear.

For the other players the case is less nice. I believe that those being sanctimonious and hypocrite need to be held to account. There is a consequence to play certain games and resetting the ledger so that they can courtesan themselves into a market worth will over 100 billion is not that acceptable to me and it should not be acceptable to you either.

The entrepreneur gave us yesterday ‘Why Saudi Arabia Is Being Increasingly Seen As The Place To Be To Start A Business In The Middle East‘ (at https://www.entrepreneur.com/article/338516), they are right, but they need to see the thorns that the roses bring. the article starts so nice with: “Alper Celen’s decision to trade his cushy job at the prestigious global management consulting firm’s Scandinavian offices for a move to Saudi Arabia to grow a start-up there didn’t make much sense to his colleagues“, yet these players need to realise that this is an Islamic nation, under Islamic law and etiquette. It is a lot more rigid than France is and I have seen a 6 figure Euro deal fall away because the salesperson accidentally used ‘pour toi‘ (informal) instead of ‘pour vous‘ (formal), the buyer walked away and went straight to the competitor. When it’s merely €100K most ‘big players’ will shrug, yet now the game comes in suitcases set to the billion dollar plus that game becomes a whole new dimension. The problem is that those you talk to are indifferent to the billions, it is their bread and butter for you it optionally is not. Those players in dime sized poker games are all willing to bluff like the cardinal for the large games, but a bluff is still a bluff, when you are found out, or seen as unworthy, you will lose a lot, you will lose it all and you might not have the means to get back from where you came.

Yes, you can win big, but the whole game is larger and there is every indication that the Saudi families have kept score on those rallying behind a journalist no one cared about, with a larger lack of evidence of any kind. Soon we see their move and their idea of the Easter Parade flaunting their dresses on Takhassusi St hoping that they are still regarded to be in the game and perhaps they are. I merely wonder if they should be allowed to be in there (HSBC excluded from this consideration).

Now that Vision 2030 is off to the races they all want in (as would I), yet in all this, after all they did and all that they connected to, should they be allowed to? We have to pick certain fights and that is fine, we have certain values which make us jump in certain directions and that is fine too, but to make a 180 degree turn when it is about the money, should we accept such a party in that event when there are hundreds who want to take a slice of that cake? I do not think so.

The events regarding the Saudi conference were larger, there was a distinct impact and as such those play that game should not be allowed to play when the large trophies become available. I lost my option to an apartment in Rotterdam because I did not have the right ‘friends’, OK, fine, but you cannot rely on me giving you a pass when you come knocking. It is then a tits for dad situation at that point and now that there are really serious gains, those people should always be disregarded.

I suddenly remember a quote from Age of Ultron; there we hear: “Keep your friends rich, your enemies rich and wait to see which is which“, well Saudi Arabia found that out, after they discovered that, they have no real need to keep the charade up, so as I personally see it, goodbye Evercore Inc. and Moelis, JPMorgan Chase & Co. and Morgan Stanley, it was nice knowing you. The nice part is that when they are evicted from the offer, they will have to reconsider the game they played, the media they embraced and the values that they gave to fattening the cow whilst ownership remained in the air. I actually love it when people get to learn a lesson by losing billions, it feels like that for one moment, one tiny moment the playing field was level for all of us.

The Aramco train is now officially on the road and we will hear a lot more in the coming month, I for the most will be most interested to see how much the Chinese banks end up with. And yes, I have woken up and I know that any chance for any of those billions were delusional at this point. Yet there is always tomorrow.

Hot News

In light of all this, Al Jazeera reported less than two hour ago ‘Houthis ‘fire 10 ballistic missiles’ at Saudi airport‘, at this moment, I see Arab News, Saudi Gazette and two more all having a version of that, yet nothing on the BBC, not the Guardian, not the Washington Post, not the LA Times and not Reuters. I got the news before all them and I have nowhere near their tools. So, are you still convinced that some people should be allowed at certain tables to fill their pockets whilst they shun the people whose money they want? And as we realise the quote “The rebels fired 10 Badr-1 ballistic missiles at Jizan airport, killing and wounding dozens, the group’s military spokesperson said in a statement on Sunday“, a quote made by Colonel Turki al-Malki, we need to see that US corporations are playing a convoluted game. Consider the impact that some have, do you think that when the newsgroups get wind that something really matters to the heads of these banks that they go to bed and sleep, not with 100 billion for grabs. The world media is all about fairness and then jinxes the game by taking balance away. From my point of view it is increasingly important that those players are denied a seat at the table (any table for that matter). Saudi Arabia needs to take a hard look at who they consider their friends. In light of all the unreported news of events by Houthi forces I feel more and more inclined to think that the US is turning into a player that no one should ever consider an ally, their only allegiance is to currency, I hope that the people who need actual allies realise that part before it is too late.

 

1 Comment

Filed under Finance, Media, Military, Politics

Famine issue solved

Yes, isn’t that a good way to start Sunday? The world solved the famine issue. It took no trouble at all, the media merely needed to stop writing about it. There is so much other stuff to write about. All the things that Saudi Arabia are accused of, some sources state that an Iranian oil tanker is now ‘under terrorist command‘ (no real evidence has been presented though), and the UK is sending another ship (the third) to reinforce the anti-Iran armada. All news, there is no more famine, famine has been resolved.

How come?

Well that is the question; it is only the Independent (according to some now partially owned by Saudi players) that gives us (at https://www.independent.co.uk/news/world/middle-east/yemen-war-civil-independence-south-mahra-aden-saudi-arabia-iran-a9076546.html) the headline ‘The war to start all wars: Inside Yemen’s troubled south‘, an article by Bel Trew, a true Belle gives us the harsh reality of what we are trying not to see. Yet there is disagreement of what I read. As I am introduced to “They talk of a war within a war within another war in a nation already in the grips of the world’s worst humanitarian crisis, where 13 million people are currently on the brink of famine“, I see the same words again and again for many months. I believe that the situation is worse, the quote ‘where 13 million people are currently on the brink of famine‘ should actually be ‘hundreds of thousands of Yemeni, mostly children are in and beyond a stage of famine‘, my point of view is supported by data intelligence, signal intelligence and trade craft intelligence. The amount of food getting into Yemen is nowhere near the amount that should be going into Yemen and there are still Houthi clusters taking possession of food and water supplies (or destroying them). It is a lot worse and the media is looking elsewhere for optional debatable facts to publish.

In an age of these transgressions, in a stage where I see that there are no true innocent players, not on the Saudi side, not on their opposing sides, the effort that the UN needed to make is a joke (and a bad one at that). I am not placing blame on Saudi Arabia, I am merely noticing that they cannot be innocent, it is not the same. The initial option for Saudi Arabia would be to set up a refugee camp near Thabhloten. There is a tactical reason. It is 225 Km away from Yemen, there is not strategic goal there and any attack by Houthi forces would be seen as a direct reason for UN forces to open fire on attacking forces. I myself would be willing to brand an Accuracy International .338 and cull the attacking herd myself at that point. It should be a refugee camp, for children and women only; a camp to give medicine and sustenance trying to oppose the famine numbers and get the immediate help going.

It seems like a little, but let us accept no mistake here; that camp would be temporary and would settle close to 700,000 people in the shortest time, a camp offering real help and real relief to a larger part of those in the famine group. Something needs to be done, yet the media is to some extent hiding behind ‘on the brink of famine‘, as I personally see it that point was passed will over three months ago, it is worse and the media looks away for whatever reason. We cannot settle the Yemeni and Syrian issue, but the worst of the two, the Yemeni one can get relief to some extent. I have some degree of certainty that Saudi Arabia would want to be seen as the actual caretaker here, the question becomes do the Yemeni feel the same. I look at this from a Christian point of view, whilst I accept that there is an Islamic view, and it takes precedence here. In that respect the UNHCR gives us:

And if anyone of the disbelievers seeks your protection, then grant him protection so that he may hear the word of Allah, and then escort him to where he will be secure. (Surah 9:6)

I believe that if this applies to disbelievers, that it equally applies to believers and the goodwill that Saudi Arabia offers in this way is not to be underestimated. When the famine lessens these people would most likely want to get back to Yemen and rebuild their lives, there too Saudi Arabia could steer these people to a better tomorrow, these people have to determine for one’s self what the better stage is, yet I believe that any stage is better than the one they face now, especially as the media is no longer interested in keeping a non-stop view of just how bad the situation is there.

That same paper (at https://www.unhcr.org/en-au/protection/hcdialogue%20/50ab90399/islam-refugees.html) refers to the hijrah, which was a new word for me. It means migration and this is where I am given: “Muhammad’s popularity was seen as threatening by the people in power in Mecca, and Muhammad took his followers on a journey from Mecca to Medina in 622. This journey is called the Hijrah and the event was seen as so important for Islam that 622 is the year in which the Islamic calendar begins“, if this is true than Yemen might start a new Hijrah, a journey for the children and women to travel (transport) from Yemen to Thabhloten, a stop, or perhaps better stated an oasis on the journey to where they end up going. We need to find an actual solution to save as many Yemeni as we can and we need to start with the women and children. We would love it to be in Yemen, yet the Houthi forces as well as the escalations make that no longer an option. The delays and obstructions are too large, the benefit is that other parties can then participate and open fire on anyone firing at these refugees. Houthi forces (the most likely transgressors) would find themselves in a stage of open war against troops that are ready and willing to protect the refugees. Thabhloten cannot be the end destination for that journey, but could allow for actual action against the famine that is now getting more and more ignored. In all this the civil war that is now sprouting in Yemen makes any other option impossible. With UN reports on Cholera outbreaks we need to do more and we need to set the stage where players like doctors without borders have a better stage to do something without getting into direct danger, or ending up in the firing line.

And matters are getting worse. The quote: “But for Elisabeth Kendall, a Yemen expert at Pembroke College Oxford University who travels frequently to the south, the training of separatist groups had “unleashed a force” the UAE may not be able to control” gives us more. You see it is not about the separatists, it is about who is training the separatists. Even as the UAE was preparing the separatists fighting the Houthi forces, we see a stage where old grievances are now a much larger issue, the old issue of north and south Yemen is returning, not a good thing. If these forces are truly in a path to a better Yemen (or better north and south Yemen) than getting the famine out of the equation would be an accepted first for both sides.

Is that actually true?

Well, it is something that I cannot prove, yet the UNHCR gives me: “In Islamic law, all individuals, including non-Muslims, have the right to flee persecution and seek protection in an Islamic community. The provision of refugee assistance is obligatory to people who flee from “injustice, intolerance, physical persecution, disease, or financial insecurity”“, if that is true than all parties would be willing to participate in the dissolution of famine, to set a stage where these people could be treated and protected.

I am merely trying to find an actual solution that would do something for the people in famine, which makes me already a much better person than any media who has been turning away from these events. I am not trying to set blame to any party, merely trying to find a solution where disease and famine might be defeated, it is not a Samaritan choice, it is not a Christian choice, it is a human choice and we are all human, no matter which faith drives us. I learned this lesson in my lifetime, and that makes me (for now) a better person than many others, no matter how much or how little life is left in me.

I always tried to steer a decent course, I stayed true to my nature, I remained creative, humane and a force for the good of others. So whether it is our heavenly father or Allah facing me where I end up being next, I will stand proudly accepting whatever judgment comes for me, I was a decent person. I wonder how many others can truly and honestly make that claim.

 

Leave a comment

Filed under Law, Media, Military, Politics, Religion