Tag Archives: Kingdom of Saudi Arabia

Iranian puppets

Saudi Arabia has been under attack for a while, yet the latest one has been the hardest hit for now. 26 people were injured in a drone attack on Abha Airport. The fact that it is 107 Km away from the border gives rise that this is not the end. Even as we see: “a late-night cruise missile attack by Houthi rebel fighters”, I wonder if they were really Houthi or members of Hezbollah calling themselves Houthi. In addition, when we see: “the missile directed at the airport had been supplied by Iran, even claiming Iranian experts were present at the missile’s launch” as the Saudi government stated this, I am not 100% convinced. The supply yes, the presence is another matter. There is pretty hard evidence that Iran has been supplying drone technology to Lebanon and they have been training Hezbollah forces. I think this is a first of several operations where we see Hezbollah paying the invoice from Iran by being operationally active as a proxy for Iran. It does not make Iran innocence, it does change the picture. the claim by Washington “Iran is directing the increasingly sophisticated Houthi attacks deep into Saudi territory” is more accurate as I see it. It changes the premise as well as the actions required. From my point of view, we merely need to be able to strike at one team, if anyone is found to be Lebanese, Saudi Arabia can change the premise by using Hezbollah goods and strike Beirut – Rafic Hariri International Airport with alternative hardware. Lebanon stops being the least volatile country in the Middle East and it would stop commerce and a few other options at the same time. I wonder how much support they get from Iran at that point. I believe in the old operational premise to victory

Segregation, isolation, and assassination, the tactical premise in three parts that is nice and all solving; It can be directed at a person, a location, or even an infrastructure, the premise matters. It is time to stop Hezbollah, that part is essential as it does more than merely slow down Houthi rebels, it pushes for Iran to go all in whilst being the visible transgressor, or it forces them to back off completely; that is how I personally see it.

So as we see the Pentagon rally behind diplomatic forces, I cannot help but wonder how it is possible for 15 dicks to be pussies? For the non-insiders, it is comprised of the 7 joint chiefs of staff, the septet of intelligence (Army, Navy, Air force, Marine, FBI, CIA and NSA) and of course the National Security Advisor. It is time to change the premise, it really is. It is also a must to proclaim ourselves to either the Kingdom of Saudi Arabia, or Iran and I will never proclaim myself towards Iran (a man must keep some principles).

We can be all angry find a solution to erase them. As I see it, my version is more productive in the end. They are targeting close to the border as much as possible, this implies that their hardware has limitations. Even so to merely rely on anti-drone and some version of an Aveillant system is economically not too viable, it will merely make some places (like airports more secure). When we look around we see that there are 6 ways to take care of drones.

  1. Guns, which requires precision and manpower
  2. Nets, same as the first, yet a net covers an area better chance of results and a chance to get the drone decently unharmed, or retrieve enough evidence to consider a counter offensive
  3. Jammer, a two pronged option, as the connection fails most drones go back to their point of origin giving the option of finding out who was behind it.
  4. Hacking, a drone can be used for hacking, but the other way is also an option if the drone lacks certain security measures, optionally getting access to logs and other information
  5. Birds of Prey (Eagle, Falcon), A Dutch solution to use a bird of prey to hunt a drone, an Eagle will be 10 times more deadly than a drone, Eagles are a lot more agile and remaining as fast all the time.
  6. Drones, Fighting drones with drones is not the most viable one, however these drones have paint guns which would hinder rotor function and speed, forcing gravity and drag to be the main issues for the drone.

The issue is not merely how to do it, but the specifics of the drone become a larger issue. An Eagle and most solutions will not work against the MQ-9 Reaper drone (to name but an example), yet Hezbollah and Iran rely on the Qods Mohajer (optionally the Raad 85), which when considering the range is the more likely suspect. What is important to know is that these devices requires a certain skill level, hence there is no way that a Houthi forces could have done this by themselves. It required Hezbollah/Iranian supervision. There the option of jamming and drones with a paint gun would work, if a jammer gets shot onto the drone, it will give them a way to follow, paint can have the same effect whilst at the same time limit its capabilities. If the drone is loaded with explosives and set for a one way trip there is a lot less to do, yet the paint could still impact its ability if there is enough space left, if the paint is loaded with metal it could light it up making it a much better target. All options that have been considered in the last few years in anti-drone activities, the question is how to proceed now.

I believe that inaction will no longer get us anywhere, especially when Hezbollah is involved. That is the one speculative part. There is no way that Houthi rebel forces have the skills; I believe that Iran is too focussed on having some level of deniability, hence the Hezbollah part. It is entirely probable that Iranian forces are involved, yet that would be the pilot and with the range, that pilot would have been really close to the Yemeni border making Abha airport a target, yet unlikely that more inland another target would be available to them.

Knowing that gives more options, but also makes it harder to proceed, the earlier five methods mentioned are direct, there is one other option, but I am not discussing it here at present as it optionally involves DoD classified materials (and involves DARPA’s project on Machine learning applied intelligence to the radio spectrum) and lets not put that part out in the open. It is actually a clever program conceived by Paul Tilghman, a graduate from RIT (Rochester Institute of Technology), an excellent school that is slightly below MIT and on par with UTS (my creative stomping grounds).

It is a roadmap that needs to be followed, I am all for bombing Hezbollah sites, unlike the earlier mentioned group of 15, I prefer my level of evidence to be a little higher as such the Tilghman solution is called for, after that, when we get that we can address the viability of Beirut and Tripoli with 2500 lbs hardware donations, depending on the evidence found mind you, we can make adjustments, as some materials would have needed to be shipped to Yemen either directly or via Lebanon and in all honesty, I am of the mind that Iran would not have done this directly. Proxy wars require a higher level of deniability to remain proxy wars; as such we need the hardware as evidence.

And even as we see: “Mohamed Abdel Salam, said the attack was in response to Saudi Arabia’s “continued aggression and blockade on Yemen”. Earlier in the week, he said attacks on Saudi airports were “the best way to break the blockade”” (at https://www.theguardian.com/world/2019/jun/12/yemen-houthi-rebel-missile-attack-injures-26-saudi-airport) we need to realise that this is growing and potentially a lot larger than before. Even as we acknowledge that the forces have withdrawn from the harbour, we have no insight on where they went, there is no indication that they have stopped fighting, merely that they are at the moment inactive, a status that can change at any given moment.

Add to that the threat (or is that the promise) by Tehran who decided to “threaten to resume enriching uranium towards weapons-grade level on 7 July if US sanctions are not lifted or its European allies fail to offer new terms for the nuclear deal“, here my answer is ‘What deal?‘, there is enough indication that enriching never stopped, but was merely scaled down to 95% of previous effort, as such there is no need to offer more incentives that will only be broken. As such my strategy to seek out Houthi (and optionally Hezbollah forces) to take away the proxy options of Iran, they must either commit 100% or back down, at present their fear is having to commit fully to this and change the stage of proxy war to actual war, and as such my strategy makes sense. They have no hope of winning as too many government would be willing to align with Saudi Arabia (that might make them surprised and happy as well), and a united front against Iran is what Iran fears, because Turkey would have no option but to cut ties out of fear what happens when we are done with the other Iranian puppets.

It is perhaps the only side where I disagree with James Jeffrey (US special representative for Syria engagement), I do not believe that it is a “hegemonic quest to dominate the Middle East“, I believe that Iran knows that this is no longer an option, yet bolstering foundations of a growing alliance is the best that they hope for and here Iran merely facilitates in the urge to state to Syria (the government and its current president) in the voice of ‘You owe us, we helped you‘, it is slightly pathetic and merely the voice of a used car salesman at present. As more of the proxy war becomes open and proven Iran is backed into a corner, it makes Iran more dangerous, but it also forces them to act, not through proxy and I am decently certain that Iran has too much to lose as present, especially as Russia denied them the S-400 solution.

Even as Gevorg Mirzayan (an expert in Middle East and a leading analyst at the agency Foreign Policy) is getting headlines with ‘‘Dumping’ Iran Would Be Mistaken, Since Russia Doesn’t Know What The US Will Offer In Return‘, we see that the stage is a valid question, but there we also see the answer. the direct (and somewhat less diplomatic) answer is “Never set a stage where a rabid dog can call the shots“, the more diplomatic answer (by Russian Deputy Prime Minister Yury Borisov) was “Russia has not received any requests from Iran for delivering its S-400 air defense systems” is nice, and it puts Iran in a space where they need to admit to needing this kind of hardware, yet on the other side, Russia realises that Iran is driven to flame the middle East and down the track if its alliance is too strong, takes Saudi Arabia out of consideration for several lucrative Russian ventures and they know it.

All these elements are in play and in place, so segregating and isolating Hezbollah limits the options of Iran, making it an essential step to pursue. Interesting is that these steps were firmly visible as early as last year August, and that group of 15 did little to bolster solutions towards truly isolating Iran, that Miaow division was optionally seeking milk and cream and finding not that much of either.

So the time is now essential moving to critical to take the options away from Iran, we let Lebanon decide whether they want to get caught in a room painted in a corner with no directions remaining, at that point they become a real easy target.

That was not hard was it?

Happy Friday and remember, it will be Monday morning in 60 hours, so make the most of it.

 

Advertisements

1 Comment

Filed under IT, Military, Politics, Science

Nationalisation, the second tier

The news is fresh, it is new news, yet it was foreseen, it wasn’t really news, but the drive has come visible, much more visible than most expected. As some might focus on the Guardian and the image of a beautiful young lady as she is afraid for her life, as she seeks refugee status in Australia, we see all the men and many women feeling sorry for Rahaf Mohammed al-Qunun. It might be correct, it might not. I do not know, yet what the Guardian is not telling you is seen in the Arab News (at http://www.arabnews.com/node/1431206/saudi-arabia), there the news is: ‘Saudi Arabia goes full steam with Saudisation of sales jobs‘. I think it is good that any nation pushes for national held jobs, no matter what country it is happening in. So as we read: “Saudi Arabia’s Ministry of Labor and Social Development announced on Sunday that it would be providing citizens with job opportunities in an attempt to reduce unemployment. The job opportunities will be in sales roles, including medical equipment stores, construction and building materials shops, car spare parts shops, carpet shops and sweets shops, according to Saudi state news agency, SPA.” I think it is good that the news is seen, yet what about the impact? It is not a national thing, it is regional, Oman is doing the same, Qatar has been doing it for a while and the UAE is on a similar trend. If it works it is great, yet what everyone forgets is the announcements of 6 months ago, this basically impacts Google, Apple and a few other players (the FAANG group as a whole) as they were opening their offices in Saudi Arabia as well, so from the Saudi view it is great to be Saudi. Many people all over the world dream of a Google job and now we see that Saudi’s are added to that knowledge pool. And that is what it is a knowledge pool that can drive Arabian IP to a much larger extent. In light of Neom City, in light of new Financial Districts in Riyadh, we see the opportunity for growth, yet do these events constitute actual growth as that question is equally important.

If we accept the same news two days ago (at http://www.arabnews.com/node/1430961/business-economy), we see that the headlines might give us ‘CEO of Saudi Arabia’s newest technology investment fund STV shoots for the moon‘, we might giggle, yet perhaps that same feeling came upon us when in 2001 a man named Mark Zuckerberg had an idea, how did that end? We can also consider that as Abdulrahman Tarabzouni is a MIT graduate, so he optionally has a better education than Mark Zuckerberg had (Harvard), which is me, myself and I starting a competitive flame between those two schools. The nice part here is that the STV (the investment fund) has half a billion to start with, so they can cream the best start-ups to truly grow their perspective and turn it into billions of wealth, if properly set their idea of a hundred times over might be conservative. We tend to not look into those directions, yet the ownership of IP is not merely an essential it is a wealth maker and a wealth breaker and as an MIT graduate he would (read: should) be able to see the difference between the wheat and chaff, it makes for all the difference.

Even as the Arab News introduces in opposition: “Some analysts point to two difficulties in the STV strategy: The high valuations of the global technology sector, and the comparatively high levels of geopolitical risk associated with the region, and the Kingdom, in the minds of some foreign investors.” We need to recognise that being first implies the avoidance of ‘high valuations of the global technology sector‘, the second part is ‘geopolitical risk associated with the region‘; that second part might not be zero, yet there is no clear danger to the Kingdom of Saudi Arabia, in addition as the footing of Iran diminishes the growth of Saudi Arabia will flourish, as well as the fact that the involvement and connections of Abdulrahman Tarabzouni with Saudi Aramco, Careem, Morgan Stanley, Oracle, Microsoft, Syphir tech company, Google, Member of investment committee, Middle East Venture Partners, as well as advisory roles at public and technology institutions in KSA, it would be my personal believe that if this person cannot navigate the rivers of political risk, no one would ever be safe to invest in Saudi Arabia and as we see billions from the FAANG group go that way soon enough, we can pretty much consider the second risk a dud in all that (for now).

The progress that Saudi Arabia is showing in 5G, now equalling the largest players on the western hemisphere shows not only the commitment for the Middle East, it shows that Saudi Arabia is taking the non-petroleum options extremely serious. It goes even further when we consider the news a mere 4 hours ago: “T-Mobile CEO to regulators: China is beating US on fast 5G wireless but our Sprint deal can change that“, how exactly will that happen? Merging Sprint and T-Mobile sounds nice, but they still lack higher technology equipment, Huawei beat them and the longer these players remain in denial, the larger the damage and that is where the STV can cash in. Any Huawei linked technology start-up has close to a 20% advantage over anything else. Let’s not forget that players like Verizon are not really using 5G, or as they say 5G Evolution, which I discussed in ‘Tic Toc Ruination‘, where we see: “We are given “Verizon’s network is not yet 3GPP compliant. It uses Verizon’s own 5G specification, but will be upgraded to be 3GPP compliant in the future“, so does that mean that it is merely a Verizon issue opening the market for Sprint, or are they both involved in that same pool of marketed pool to some form of ‘5G’ branding, and not the standard?” (at https://lawlordtobe.com/2018/12/06/tic-toc-ruination/), something clearly seen from various sources a month ago, so how was their technology backdrop solved? It was not! I made additional observations in ‘That did not take long‘ (at https://lawlordtobe.com/2018/12/22/that-did-not-take-long-2/) where we see: “we are (again) confronted with what Neville Ray CTO of T-Mobile calls: ‘duping customers into thinking they’re getting something they’re not‘, America will not end dead last here, but they will be trailing (as currently is implied) behind more than one Middle East Arabic nation“, an observation I made on December 22nd last year, so not only am I proven right a few times over, the fact that for what I observe to be high paid people hiding behind presentations and wording whilst not having the actual goods is merely the facade of defeat presenting itself as ‘innovative opportunity‘, so we are watching these people heralding their Edsel whilst it is about to go up against the Maserati Gran Turismo and optionally the Mercedes-Maybach S 650 Sedan as well, and in what Universe does the Edsel have any kind of a chance? Parking perhaps (it is not that big) but how can you see innovative technology as innovation when parking is your only way to shine?

the sad part is that I have been talking to stone walls for 2 years now, the upside is that when they fail I have the documentation showing just how stupid they have been, and the end is nowhere in sight. I prepared issues on optional 5G tourism, cyber protection and a few other places that will really open up the valves of disgust from consumers when they are confronted with the impact on their daily lives. Even outside of governmental infrastructures Huawei is set in a stage where they have billions in optional business in both information and SME environment. The large presentation based players (like 5G Evolution) were so intent on pushing the large infrastructure that they forgot that actual business comes from other area’s and when the first sale is done, they are merely left with the stage where they wait for consumers to catch up, that part is no longer a given. We see part of that (at https://asia.nikkei.com/Business/Business-Trends/CES-2019-to-offer-glimpse-of-future-for-5G-AI-and-Huawei), where we are treated to: “About 4,500 companies are set to take part in this year’s CES, which continues to expand beyond consumer electronics as tech pervades once-mechanical industries like automotives. China now stands out in developing and applying both 5G and AI technologies. A decade ago, Japanese home electronics makers had a substantial presence in the Central Hall, an area packed with big-name companies. But as they have lost prominence, Chinese companies have emerged to fill the gap. Huawei Technologies, Alibaba Group Holding and Haier Group will all have exhibits in the Central Hall.” This matters as it is direct visibility; this is the direct stage in Las Vegas and its CES2019, people will get to see 4500 companies and some there proclaiming to equal Huawei, yet less than 5 will optionally have something to show the people on that level and I am speculating that they merely equal Huawei at best and this is one month before the Mobile World Congress 2019 in Barcelona where Huawei is set to take the centre stage and most of the attention. We cannot speculate what we will see exactly, but we will know on Sunday 24th February, and we will then optionally see the Samsung 5G router (not Mobile) and optionally several 5G mobiles, yet at that point we can use the dictionary torpedoes to sink that hype seeking content, contant that we have been exposed to from several sources. That part is not only visible, the results as shown by one source, gives us that AT&T is just not up to scrap at present.

Even as I have no real confirmation on how accurate the results are (so be aware of that), we are shown what PC Mag gave the people earlier and with the cautionary footnote (as would be appropriate): “remember that these are just test speeds ant that they will most likely improve with time. More importantly, there are still no 5G smartphones available yet, so these tests in the AT&T 5G network are just part of a process“, the fact that we see the results as in the image are bad, really really bad for a 5G environment!

From my point of view, test or not, their 5G should have knocked it out of the park leaving us with the entire 5G Evolution bit as what I personally would see as a sham, not a champ.

Nationalisation is only as good as the goods you have and in this the partnership with Huawei was essential and at present more and more technologists are stating the same thing. So those with a Huawei partnership will leave the others behind them on a larger scale in several layers and structural foundational flaws, the impact when the others cannot deliver will be fun to see, especially to mock on a daily foundation. I reckon that we have that right when we are treated to bloated presentations where we are left in the dust with the message: ‘It is great to be a consumer, in this age‘. Do not worry, we have his number and will point out that flaw soon enough several times.

We are finally seeing the impact of iterative technology versus frog leaping ahead. The iterative players will soon diminish, so from the Saudi point of view, they did bet on the right horse and that impact will give them multiple victories soon enough. You see, do you still think that the larger players will stay in a place with inferior abilities? When exactly was that ever an option for those who wanted to stay in the major leagues of technology?

 

Leave a comment

Filed under Finance, IT, Media, Politics, Science

Two Issues in play

There is a larger issue in all this, part of it is Wall Street, the gig is up (to some extent) yet no calls are being made to investigate the Analyst game by aspiring new Wall Street kings, and moreover no one is asking questions.

We start with the impact that Apple has had and the Financial Post is giving us (at https://business.financialpost.com/investing/us-stocks-wall-st-pulled-lower-by-apple-trade-worries) “Shares of Apple Inc fell 3.5 per cent after the Wall Street Journal reported the company had cut production orders in recent weeks for all three iPhone models launched in September“, as well as “Other market leaders — including the ‘FANG’ stocks — also fell sharply, underscoring the view that their leadership was on shaky ground. Shares of Facebook were down 5.1 per cent, Amazon.com was down 4.3 per cent, Netflix was down 4.9 per cent and Alphabet (Google) fell 3.4 per cent“. Now, we can go two ways in this, yet I am concentrating on the mere logical view. It is not the part of loss that is concerning me, it is as I said in ‘Annual medical bill $864,685‘ (at https://lawlordtobe.com/2018/11/17/annual-medical-bill-864685/) “Consider the $2365, whilst their opponent is offering a decently close solution for $1499 (Google) and $1599 (Huawei) all top end phones and the next model is 33% cheaper, in an economy where most people are turning around pennies (just look at Debenhams). It was a really bad market moment; one could argue that Apple believed their marketing whilst it was nowhere near realistic“, when we consider this part, which is the basis application of common sense in a day and age of hardly being able to get by and we see such drops in stock levels, is that because there is underperformance, or a more clear image of overestimation by certain analysts clearing an optional path of short selling? When we consider the definition of short selling as: “The trader sells to open the position and expects to buy it back later at a lower price and will keep the difference as a gain“, is my speculation on a market set to implode that far from the actual truth? Has the entire FAANG group resorted to hiring mentally challenged Business Intelligence enabled accountants, or is someone spiking the Wall Street environment?  Is my thought on this that far out or synch with reality? When we see SBS reporting with ‘Nissan chairman arrested in Japan for financial misconduct‘, and we are given: “Besides being chairman of Nissan, the 64-year-old is also CEO of Renault and leads the Nissan-Renault-Mitsubishi alliance“, “Nissan CEO Hiroto Saikawa expressed “despair,” but also suggested that Ghosn had accrued too much power and eluded proper oversight“, as well as “Saikawa gave few details about the nature of the improprieties, including refusing to confirm reports that Ghosn under-reported his income by 5 billion yen, or around $60 million (AUD), over five years from 2011. He said an ongoing investigation limited what details could be shared, and refused to be drawn on whether other people were involved, saying only: “These two gentlemen are the masterminds, that is definite.”“. As we consider the impact of Representative Director Greg Kelly and Carlos Ghosn, we might think that the entire matter is contained, yet is it? The fact that Automotive is a clear element on Wall Street, when we see this and we do not see another part, how wrong have the analysts been getting it? The fact that numbers on Wall Street would not fluctuate to the degree needed as the numbers were spiked by a major players is interesting to consider yesterday’s news (at https://www.zdnet.com/article/nuance-spins-off-automotive-segment-into-new-publicly-traded-company/). You see, just like I found the issue in the Harbour or Rotterdam two decades ago, I looked into another direction. When we consider “Other automotive brands such as Honda, Volkswagen, Ford, Hyundai, Audi, Porsche, Nissan, Kia, Chevrolet, Harley Davidson, Ferrari are ranked by their brand value among the top 100 brands in the world!“, so if we see the SBS part with: “years of financial misconduct including under-reporting of income and inappropriate personal use of company assets“, which looks weird as this is merely an internal part (criminal or not), is there a decent chance that the entire matter is larger and as such, would a provider like Nuance not be hit as they are a component in the Nissan (and Renault, and Mitsubishi)?

In all this, when we consider The actions of one, and the impact on another, yet we see that expectations were ‘firmly’ in the wrong place, at what point will we start asking the damaging questions to analysts who were ‘overly’ positive? So when we see: “Wall Street was looking for earnings of 32 cents a share on revenue of $525 million. Shares of Nuance were down slightly after hours“, were we shown a realistic stage? This gets us to the Sydney Morning Herald, where we see: “Since the FANG outperformance run peaked on August 30, the group has underperformed the S&P 500 by 16.25 per cent. That is their worst underperformance since the first half of 2014 when they underperformed by around 20 per cent“, is it truly an underperformance, or is it set towards unrealistic overestimation and as such, is the foundation of short selling not done on the word of analyts? So in that light, would it not become more and more prudent to ask the analysts certain questions? The fact that certain Nissan events were not on their radar, what else did they not see and as such, would that not have impacted the numbers at Nuance in a similar, yet there unfairly?

What else is there?

Well, that can be seen in one way as these players all need power to be available and energy is becoming an issue in the US. What happens when we put the (big) mouth of Senator Lindsey Graham (R-SC) to the test? As he was ‘kind’ enough to use Bloomberg to state that the current crown prince of the Kingdom of Saudi Arabia Crown Prince Mohammed bin Salman was “unstable and unreliable”, would it be an idea to ask his royal highness to kindly consider that Oil is a sellers’ market and that it is important to consider the long term future of the kingdom of Saudi Arabia, as such, it is important to consider the value of oil and I personally believe that it should be raised to $73 per barrel, in light of this cutting oil production by 12% would be essential.

So when Lindsey gets the news that his lack of diplomacy is cutting oil and raising prices, at what point will he ever feel safe again as the American people will react to the mere stage of commerce, it is a sellers’ market plain and simple. It is a sellers’ market because the buyer is always open to get it somewhere else, and in all that there is merely Iran left. How does it all flow now? Let’s not forget that these are not my rules, they are the consequences of Wall Street. At what point will people wake up?

The Kingdom of Saudi Arabia is a monarchy, it is one where the monarch of that nation makes decisions that decide what would be the best track for the people of THEIR nation (which is Saudi Arabia). In a time where the life of a journalist does not matter, Turkey showed that and both the EU and America remained largely quiet, so let’s face it, we do not care about Jamal Khashoggi, yet that person has received more pushed and powered visibility than for example Matteo Messina Denaro (I chose him as I grew up being a huge Diabolik comic fan), so when we see his actions and his absence from the press for the longest time, why would we care about Jamal Khashoggi? Because a knave speaking for Iran direted others to do so? We keep on getting the news, the media, the mention of tapes, yet how clearly has the evidence been investigated? The media stays silent, mostly playing on innuendo as much as possible.

You see, it the Crown Prince succeeds in getting the stage of Neom Started, Saudi Arabia will have started and aspired to something never seen before in the history of this world, all the things that America claimed to have done will be seen active in Saudi Arabia, it is optionally the biggest blow to American ego and optionally their economy too and they are finally scared, like the UK was when the 70’s peace accords had a chance, they pushed Egypt in another direction. Now we see the stage where there is so much anti-Saudi news, that it is sickening to me, especially as the acts of Turkey and Iran are smothered. How much news have you see on the 214 journalist jailed in Turkey? most of them all convicted, the last one a week ago, we were given “A court sentenced Turkish journalist Ali Unal to 19 years in jail on Wednesday on a charge of being a leader in the network accused of carrying out a failed coup in July 2016“, Jamal Khashoggi got 60 million hits in Google Search this morning, it is that far whacked out of balance and the industrial next generation all technological marvel that could be Neom, including the Bridge that links the Sinai (Sharm-El-Sheik) to Saudi Arabia, opening even more options to commerce and growth for Egypt and the Sudan? A mere 2.8 million, a project that is well over $500 billion in investments for technological and financial opportunities; that got less than 3 million hits. I reckon that Saudi Arabia also needs additional PR and digital PR on a much larger scale.

I think that America (as well as the European Union) needs to wake up and smell the coffee and they need to do it fast. As they whinge like little children, they are optionally giving additional fields of economy to India, China and Russia to move into a market where the oil revenues will be pressed for a different directions, so as these people are merely trying to bait infighting within the Saudi Royal family, they should start to realise that one of them wakes up and decides to close the tap by 20% and merely adjust the vision towards 2035, at that point whatever comes next will no longer have any America and even less Wall Street, at what point will the American administration have to forfeit on 21 trillion of debts they can no longer pay? Let’s not forget that the entire FAANG group can vacate and move anywhere globally, at what point will we see the news: ‘NASDAQ shuts down!‘  leaves us with the question: ‘is my speculation so outlandish?’ You see, the needs for the next technology is no longer in America and the difference between global and global minus America is not that big, at that point the politicians of the European Union will fold like little bitches and accept whatever deal will keep them employed and on their gravy train; they are that predictable.

The nice part is that there is every chance that I will be around when that happens, getting to tell the economic and financial editors of all the major newspapers: ‘I told you so!‘ and the blatant attacks, the media toolkit against the current crown prince of Saudi Arabia makes my speculation more and more likely. You see, it was merely a week ago, when CNBC gave us (at https://www.cnbc.com/2018/11/15/trump-duped-saudis-into-tanking-oil-prices-analysts-say.html) ‘Oil analysts say Trump fooled Saudis into tanking crude prices‘, with the quote: “Oil market analysts say it now appears that Trump hoodwinked Saudi Arabia, fooling the U.S. ally into pushing the oil market into oversupply and sparking a roughly 25 percent drop in crude prices. That accomplished Trump’s goal of driving down energy costs for Americans“, it is optionally a decent tactic, but at present it can backfire, the KSA can take a step back and let it all fall to pieces as the Saudi government can survive a few years in the up scaled oil prices, yet the US and European economies will start to collapse as they have no infrastructure left, so when we see Bloomberg giving us ‘The Oil Price Is Now Controlled By Just Three Men‘, whilst we know that America has pissed of the other two to the largest degree; if truly three man control the price, the names are given to us as Presidents Donald Trump, President Vladimir Putin and Crown Prince Mohammed Bin Salman. That whilst America needs to import to survive making them actually pretty weak. So at what point do the people in Wall Street wake up and realise that the oil morning special is served at $91+, whilst there are 3-4 months of extreme cold ahead? At what point will they realise that oil is a sellers’ market, not a buyers one and the oil companies can wait, they can watch it all collapse and pick up cheap labour for a mere apple and an egg (quite literally so).

In the end, America can start making a deal with Iran and Russia for oil, yet at what cost will that come? Which concession will the American people have to agree to? I am pretty sure that this moment will become the nightmare scenario for Israel as well as the others get to cater to Iran, and the oil setting makes that an optional reality; the amount of concessions Turkey will get will give the EU something to cry about to a much larger extent; apart from the nightmare that the Italian budget is becoming at present.

There were a few games on everyone’s desk and at least three of them have been handled so badly that the impact needs to be felt in the US, even if it was for the mere reason to get them to wake up and smell the coffee that they spilled and the cost of living that they helped raise soon enough.

Oh, and when the Italian economy stops stagnating and turns to recession again, the mere impact of a 5% oil price rise would be enough to stop Italian traffic in its track, how much will be possible there when that happens? Consider that Italy has the highest fuel prices costing €1.65 per litre. When that goes up by 10%, how many people would be able to afford a car? More importantly, the Italian economy has misjudged this super high price for taxation, so when that falls away, how much of the Italian infrastructure is also likely to collapse?

It is a mere side thought, because France and Spain will be in similar distress on a few stages there too, not to mention the impact in Greece. It would decimate the Mediterranean economy to a much larger degree, yet Wall Street will trivialise it and when there is no more trivialisation left, who will they blame?

Saudi Arabia, President Trump or themselves?

I will let you figure that part out.

 

1 Comment

Filed under Finance, Law, Media, Military, Politics

A promised correction delivered

Yes, I have made statements, conclusions I truly believed to be the case. Not because I am smarter (I am actually that), but the fact that everyone started to shout on innuendo and unproven statements by boastful people. I was determined to call their bluff. That is how I am, yet I am also the person that once evidence is given, that I will adjust the views and the position that I have taken before.

So as the Guardian treats us to: ‘Khashoggi’s son leaves Saudi Arabia as prosecutor says killing was planned‘, so as we are now given “Saudi prosecutor’s statement contradicts previous claims that journalist was killed accidentally“, I do remain in the setting that those high and mighty bitches of industry (like JP Morgan Chase and a few others), who were all in some uppity state, are now shown to have walked away prematurely, I reckon that they did many things premature in the bedroom, but to see those same people doing it in the hard cutthroat industry where they are supposed to be the sharks of the 7 giant oceanic corporations was new to many. The Guardian (at https://www.theguardian.com/world/2018/oct/25/jamal-khashoggi-killing-premeditated-says-saudi-prosecutor) gives us a lot of goods that are important to take in.

You see, I believe that I was never wrong, I merely wanted to see actual evidence, which is a different setting, the bitches of industry merely relied on innuendo. So when we see: “the Saudi public prosecutor’s office for the first time suggested the writer’s killing was premeditated“, a setting where we see ‘suggested‘ as the operative word, but from a legal source that gives the mere word ‘suggested’ at a much higher weight then the journalistic unnamed source could ever be. In addition to the previous we also see: “Prosecutors were interrogating suspects on the basis of information provided by a joint Saudi-Turkish taskforce, a statement from the official Saudi Press Agency said on Thursday“, which also makes me step back on the entire Turkey-Iran parts, there was actual evidence, it was merely presented by the media in a way that I would never have accepted until I watched it with my own eyes. So even as we are presented with: “Riyadh has taken great pains to distance the powerful crown prince from any responsibility for Khashoggi’s murder after it emerged several members of his personal guard and other trusted officials were involved“, we also see that the Crown Prince was true to his word. He stated: “justice will prevail in the Khashoggi case” and that is what seems to be happening. What I had reported on earlier seems to be confirmed now on a few levels. With: “The Washington Post reported on Wednesday that Gina Haspel, the CIA director, had requested and been played the tapes during a brief visit to Ankara this week – the first indication Turkey has shared the sensitive evidence with foreign parties“. It is the ‘the first indication Turkey has shared the sensitive evidence‘, it is part of the whole and must be acknowledged, especially by me, if I want to live with myself. You see, I was partially protective of the ‘players’ from team KSA, merely because the journalistic sources have lost too much credibility in the last few years alone. That was the largest setting of my choices and none of the evidence was acceptable by me, especially in the entire Turkey-Iran setting that most media is still not acknowledging at present.

So there it is, I am not sorry on the path I took earlier, I gave my reasoning here and I feel that I remained correct, yet I also disputed evidence on facts and as the disputed evidence is now shown to be actual, I feel that I had a responsibility to bear (or was it to bare) that out.

I also remain in the belief that I had from the very beginning, We need to rely on papers like the Guardian, the Times, the LA Times, the Washington Post, the BBC and a few others to give us the good stuff. There are those papers that rely on emotion to overbear us in any direction that they can push us, which was also the reason of opposing larger players of the press in all this.

You see, we seem to focus on all kinds of matters, except for the location and the entire events that surrounded Mohammed Al-Otaibi, we have not seen a lot there, did we? It goes a little further than that. One source (the Middle East monitor) gives us: “Turkish President Recep Tayyip Erdoğan said yesterday that Saudi Arabia has dismissed its Consul General to Istanbul Mohammed Al-Otaibi following a phone call he had with King Salman Bin Abdulaziz a few days after Saudi journalist Jamal Khashoggi was killed inside his country’s consulate in Istanbul. “The Consul is not efficient and I have told King Salman of this. A day later, the Consul General was relieved of his duties and returned to his country,” the Turkish president told the parliament in Ankara“, now we get the ‘good’ stuff. The parts that are important are easily seen. The article is two days old, yet the parts in this are ‘a few days after Saudi journalist Jamal Khashoggi was killed inside his country’s consulate in Istanbul‘. You see, if that was true, then the entire matter of the audio tapes take on a very different stage and value. If the evidence was there and it gives evidence of transgressions, then President Erdogan was giving Saudi Arabia heads up on certain events, in addition, when we contemplate the audio evidence that is part of all that, the statement that we see with ‘The Consul is not efficient and I have told King Salman of this‘, if these parts are correct, than we see that the Turkish government is optionally directly involved with the cover-up itself! I am also considering that one source is not good enough, yet the connections seen, gives a much larger light to the setting.

In the end, I need to keep the faith I have, I need to remain in the light of not what I think happened (many are doing that), it needs to be ‘what happened that can be proven’, too few players have been doing that. It was also important to raise the Mohammed Al-Otaibi issue as some papers stated that ‘he fled the country’, yet here we see the stage: ‘the Consul General was relieved of his duties and returned to his country‘, or as I initially stated it, he had been recalled; I seem to have been correct on that part too. The question remains important if we are to believe USA Today. There we saw almost a week ago: “Those fired included: one of the prince’s closest advisers Saud al-Qahtani; deputy intelligence chief Maj. Gen. Ahmed al-Assiri; Maj. Gen. Mohammed bin Saleh al-Rumaih, assistant head of the General Intelligence Directorate; Maj. Gen. Abdullah bin Khalifa al-Shaya, head of General Intelligence for Human Resources; and Gen. Rashad bin Hamed al-Mohammad, director of the General Directorate of Security and Protection“, no mention of consul general Mohammed Al-Otaibi, perhaps he is one of the 18 arrested, yet we do not have any names from that group, so for now there is no way to know.

In Other News

The Financial Post reported that ‘Google corporate parent’s third quarter disappoints jittery investors‘, which is always nice to see (even if no one really cares). Yet the stage that we saw two days ago in ‘The ethical threshold‘ (at https://lawlordtobe.com/2018/10/24/the-ethical-threshold/) where I made mention of “when we consider that “Diane Green, the chief executive of Google Cloud, also pulled out on Monday, according to the company” and gave that ‘Davos in the Desert’ a miss”, which in light of the shown evidence by some could have been the emotional short sighted part to do. Now, we know that Google will need loads of effort to mend the fences, yet souring the seating between themselves and the investors might not have been the best way to go about that. So as I made mention earlier of “those high and mighty bitches of industry (like JP Morgan Chase and a few others)“, especially when we regard that business solutions like Sharpcloud, a solution that relies on Azure AD, now will seemingly get a few additional options in their park, especially as Microsoft apparently opened a few doors. In light of what is going on and what is about to happen, certain dash boarding and investigative tools will have their work cut out for them. If they can please the initial players (like Salini Impregilo), the opportunities will become much larger and will entice a much needed audience to a much larger degree. So in this, Google did not merely disappoint the investors, there is now some indication that they handed market share to their opponents, all because of overreaction? Well that is for them to figure out, I remain a faithful believer of the Robocop phrase ‘Good business is where you find it‘ and any player that is staging the investment setting of a trillion dollars on a 12 year scale is someone you need to look at in different ways, if you do not, which would be your own choice, you end up merely cutting yourself. Everyone so up in arms over a journalist whilst Wall Street, Apple and a few others are quite literally walking away with murder on a much larger scale. You can blame the governmental and legal machines of all the folly that they represent, but as a corporation you still need to get from A to B and that is where it is my personal belief that some people overreacted (to a certain degree).

Yet the entire Google issue is also a stab in another direction. You see, when we are treated to “But Alphabet’s revenue fell shy of analyst projections. The company’s revenue, after ad commissions, totalled US$27.16 billion, more than US$150 million below analysts’ predictions“, the stage here is not merely that the analyst could have gotten it wrong, the loss in all this is roughly 0.552282%, under what amount is the optional miscalculation of something less than a percent the stage of such a reaction? If you need three tubes of Valium just to get back to hysterics whilst the optional loss is merely 0.55% less of an absurd amount of profit, we need to reengage into the folly of maximised profit, in a stage where they grasped at emotional levels of a moral high ground that they should not even be allowed to have in the first place and if my expectation comes through and some Microsoft Azure players do get to give pilots to certain players set to a growing awareness in the Kingdom of Saudi Arabia, Google will lose a hell of a lot more than a mere 0.552282% shortfall, they might actually lose market share, how much value will that be representative of?

the deeper you dig, the more we see that the statement in several newspapers made by Saudi Crown Prince Mohammed bin Salman giving us: “The Middle East can be the “new Europe”” might be more correct than some realise at present, especially when 5G starts its roll-out in the Kingdom of Saudi Arabia. In case you were not aware of the latter part, the Sumitomo Mitsui Banking Corporation, SB Energy and Tadano. They are all licensed for KSA endeavours now. So how much business are some players about to lose? So even as some questioned the statement: “Majid Al Qassabi, Saudi Arabia’s Minister of Trade and Investment, said the kingdom can be a launchpad for Japanese businesses seeking investment opportunities in the Middle Eastern and African markets“, we have a first indication that it is equally opening a double dipping opportunity for the mentioned bank with ties to both Egypt and the UAE. This is not some get quick rich stage, but the long term play will be extremely profitable for all three involved. All this as we see in opposition that investments in Europe are on the decline. Sources like Politico Europe and S&P global where some fields are losing as much as 19%. A dire stage in light of the 3 trillion euro float of its currency is nothing short of an optional nightmare stage for Europe. The escalating budget crises of Italy is merely one of several factors that will soon force Europe to make much larger changes, the slumping European economy is a close second. There are two other elements that I highlighted a few days ago, but we will see more on that soon enough. It was nice to see one source giving us a clear stage whilst pointing at history. the mere “After all in 2008, on the eve of the world’s worst economic and financial market crisis, Ben Bernanke dismissed the sub-prime crisis as a non-event. Meanwhile Jean Claude Trichet, Mr. Draghi’s predecessor at the helm of the ECB, went one step further by ill-advisedly raising interest rates in the months immediately preceding the September 2008 Lehman bankruptcy” should be one clear indication that there are plenty of optional dark clouds on the European horizon. Let’s not forget that people like Ben Bernanke and Jean Claude Trichet were never held accountable or prosecuted for any of those ignored events, were they?

Have a great day!

 

Leave a comment

Filed under Finance, Law, Media, Military, Politics

Borderlines are not borders

Yes, that is the setting we seem to forget at times. You look at google Maps, look at the country/location and at times you forget that one country is not limited to the borderline you witnessed. Some will Google ‘boobies’ and ‘bikini’ and look in amazement on how good thing seem to be North of the border. Yet, we forgot that there is still a trap. That it is for the most an imaginary line. Birds never seem to see one and diseases notice it even less, so as we got exposed to Cholera this week, we see “RIYADH: Saudi Arabia confirmed one cholera case and said three others were suspected in an area bordering Yemen, where an epidemic has killed more than 2,000 people, Saudi state TV said, citing a health ministry official” (at https://www.channelnewsasia.com/news/health/saudi-arabia-reports-cholera-infection-in-southern-province-10727266), yet do we comprehend the danger that is evolving? You see, we can rely on numerous sources and accept: “Cholera is an infectious disease that causes severe watery diarrhea, which can lead to dehydration and even death if untreated. It is caused by eating food or drinking water contaminated with a bacterium called Vibrio cholerae“, we seem to forget too often that ‘infectious disease‘, ‘leads to dehydration and even death if untreated‘. The treatment is actually simple. We are also given: “you can protect yourself and your family by using only water that has been boiled, water that has been chemically disinfected, or bottled water“, that part is important right now. You see, antibiotics ‘reduce the duration of diarrhoea by half and also reduce the excretion of the bacteria, thus helping to prevent the spread of the disease‘, yet the true treatment is Hydration and that is where the problem starts. Yemen is in a state of famine and shortage, so not only is there almost no water, there is in addition no way to boil that water, continuing a cycle of symptoms and a spread of the bacteria (and so the disease). At that point, dehydration becomes the killer leaving death in its wake and in Yemen that is unlikely to be mere dozens or hundreds; it will be killing thousands of people. So they are not too fearful of bombs and war slaughter, cholera is much more certain to kill them and do it at a slower pace, ensuring that suffering is maximised. So even as one case is found in Saudi Arabia, it is in my personal view running rampant in Yemen where more than 2,000 people have died of cholera at present and the estimated 5.2 million children that are in danger of dying of hunger, measles, or diphtheria are at present more than likely on the death list of cholera. Making the Battle of Al Hudaydah not merely an essential one, but making it imperative that it is won by the Saudi-coalition as soon as possible.

As we see the outspoken lies of the Houthi’s claiming that they are defending Yemen from a ‘US backed invasion’. That whilst they are knowingly, willingly and intentionally letting the Yemeni population die in the most horrible way imaginable, we need to wonder how much humanity we need to show the Houthi’s in all this. You see, the alleged Houthi in the image, an image merely 16 hours old (if the source it to be believed) does not seem to look that hungry, making the issue of who gets fed more important, and beyond that, if the Cholera treatment (hydration) is not made openly available Yemen could become the biggest graveyard in history. It is there that the setting of the Battle of Al Hudaydah is clearly shown and it is about to get worse. You see, as more and more refugees flee Yemen into Saudi Arabia with their malnourished and dehydrated children and babies, they will also push Cholera into Saudi Arabia. Even as we know that Antibiotic treatments for one to three days shorten the course of the disease and reduce the severity of the symptoms, and therefor lessen the dehydration, the setting is now also that there are sources that have given view that resistance against antibiotics have been reported, making matters less easy to resolve and therefor more water is needed to remain hydrated, and that is not even including of the backlash of other diseases in younger children because of the Cholera impact. DA Sack, RB Sack, GB Nair, and AK Siddique in their January 2004 paper in The Lancet “Cholera” give us the frightening part: “If people with cholera are treated quickly and properly, the mortality rate is less than 1%; however, with untreated cholera, the mortality rate rises to 50–60%“. Here we have the larger setting, you see cholera does not give a hoot about borders and now that the first cases have been reported, we see not merely the danger of the disease, we see the dangers that if any of these refugees would make it to a city like Khamis Mushait they would have passed half a dozen smaller places like Al Masgi, that is if they even maker it that far. For me 80 Km is a stroll, for a lot of others it is a mountain and refugees, even if given assistance, caring Muslims, giving them a ride on their trucks towards a decent hospital, or even trying to treat these people (especially when it was not clear that it is Cholera) might see a larger problem evolve. Even as we accept that Cholera is rarely spread directly from person to person, which is a good thing. I wonder how dangerous the disease is when we accept that bodies are working in a state of lowered hydration. You see the Arabian continent has dealt with water shortages for the longest of times. Over generations these people learned to deal with less hydration (personal assumption), yet in that light does cholera not become a lot more dangerous and could that optionally make these people more susceptible to cholera? I am not stating that this is so, I a merely asking (as I never qualified for a medical degree).

It also gives us the setting that as cholera cases grow, the issue around the Battle of Al Hudaydah will show to have a nasty aftershock. it will no longer be a mere case of humanitarian aid and treatment, there will be a much larger need to set up emergency treatment posts, especially North of Saada. In my personal view, a place like Baqim is directly connected to Saudi highway 15 after you pass the Saudi port of Warcraft, going directly to both Al Hayat National Hospital as well as AlKhamis Maternity and Children Hospital giving Baqim a possible lifeline for treatment, medication and most important clean water (food too). Even as we accept that antibiotics are essential for the younger children, the reported resistance against antibiotics might become a much larger complication down the line and realising that danger now is important too.

We need to see on how we can stop all the diseases but Cholera is now the most impactful. That is shown when we realise that the WHO reported in 2016 a total of 132 121 cases, with 2420 fatalities. We now see that with the Yemen fatalities, we get to report that close to 50% of all cholera fatalities were in Yemen, how does that go over with you all? That is besides the setting that Yemen alone will be likely the reason that cholera cases will more than double and if something is not done soon, with well over 200% additional fatalities, which is not a good statistic to work with. We can argue on where the treatment needs to be and i merely took a look at the map, yet the idea of getting as many children as far away from Sanaa and Sadah seems to make perfect sense. I am also very accepting of the statement “The WHO said on Monday the origin of the current cases was not yet known but the outbreak was not expected to spread given Saudi Arabia’s infrastructure“. I get that, Saudi Arabia has a good infrastructure and is equipped for matters like these, especially when you consider the Hajj and the fact that the Kingdom of Saudi Arabia is always prepared for that. Yet, when it is not a mere handful, when the sick refugees are not merely a few, but a few hundred, we will see more complications and moreover an increasing amount of people hiding in fear, fear of disease, fear for their families and fear of others after they witnessed nears of Houthi brutality. Setting up something sooner rather than later on the Yemen side of the border is becoming increasingly pressing as I see it and not merely for the cholera risks. Diphtheria is a much larger problem if it gets a foothold, not merely from the infectious of the disease, the fact that Diphtheria grows its population through coughing, sneezing and sharing water bottles makes it a much nastier issue. It is fatal in 20% of cases in certain age groups, and guess what, children up to 5 are definitely in that risk group making the issue bigger and even as it can be treated with antibiotics, the reports of resistance become a much larger issue at this point. In addition its symptoms are easily mistaken by non-medical professionals as merely a sore throat for too long making matters worse faster than anticipated. with the fact that it spreads easily we get the state where every day not acted is one that is basically too late and we have seen the inactions in this regard for months now making matters not merely worse, it sets the stage where famine is merely the final straw that could get the largest child population in history killed. So at what point did we think that indifferent from the 22nd March 2015 was a good idea?

It makes for the saddest epilogue of the modern era: ‘We merely did not care enough to achieve something in Yemen‘.

So when you see the news and you feel that the EU is doing OK as it talks with Iran via: “Iranian Foreign Minister Mohammad Javad Zarif has urged European countries to take practical steps to keep Tehran in the nuclear deal“, consider that Iran is directly involved and responsible for this by making Yemen a proxy player, arming them and supplying them, prolonging this war, the last missile Iranian sponsored missile was fired by Houthi’s at Jizan city almost 6 hours ago.

You should wonder on how the EU could even contemplate continued talks with Iran under these conditions. Where was the borderline there?

 

Leave a comment

Filed under Finance, Media, Military, Politics, Science

It started already

Even as we had seen all the plans regarding the Kingdom of Saudi Arabia and their ultra-modern city of Neom, it was only last week when the geological studies were reported to have started for all the construction sites (at https://aawsat.com/english/home/article/1390921/neom-begins-environmental-geological-surveys-construction-sites). Yet the placement of Neom goes a lot further than most realise. It will also be the gateway to the planned King Salman bin Abdulaziz Bridge, which will take 3 years, span a total distance of 10 miles and it will connect Saudi Arabia directly to the Sinai, to be more precise the bridge will connect to the Sinai a little north of Sharm-El-Sheik, opening up all kind of economic benefits for Egypt. Tourism and connectivity via Sharm-El-Sheik international airport will be boosted to well over 200%, it would also allow Saudi Arabia to delay its airport and use the bridge more effectively. It opens up a lot more when we consider that the setting now opens up directly to Kiev, Istanbul, Bratislava, Budapest, Brussels Talinn, Riga, Vilnius, Warsaw, Kuwait, Bagdad, Cairo, Algiers, Sofia, Minsk, and not to forget all the places that Air Cairo lines to, which is a much larger list. When you consider that the construction is about to start on a city well over 500 billion, how much unschooled labour will there be a need for? Did anyone that math in the equation? That is before projects are delayed and hit snags. Yes, Sharm-El-Sheik will prosper and gain a massive amount of value, because in a tourist place like that these people can get the entertainment they are unlikely to see in Saudi Arabia.

There is an addition part in all this. The bridge will go via Tiran Island, I feel certain that a ramp to that place will be booming tourism as well. No matter how that fares, the first steps are now underway and when building starts, we will quickly see the overexcited steps from all kinds of companies trying to get in, because that 500 billion has to go somewhere, does it not? That is before some realise that having concrete facilities near Sharm-El-Sheik might be equally worthy of consideration, because when Neom is there, the shortages in Sharm-El-Sheik will become abundantly clear soon thereafter. When you see the issues in Sharm-El-Sheik, going back to 2015 and before, we get confronted with stories like ‘British passengers reveal Sharm airport staff are STILL taking cash to help them skip busy security queues despite bomb threat‘ (Daily Mail, November 5th 2015), as well as a few other sources, so as the economic footprint increases, the Egyptian government has to either increase their diligence, hire outside expertise or risk losing a lot of money in that entire process. Mainly because adding a few hotels to Neom will be much easier to consider than most realise and Saudi Arabia will be interested in setting a much larger tourism stage. Having a high tech city is one thing, having a truckload of consumers wanting to take some off it back home to show off is another matter on that very same coin.

In this we must also realise the size of Neom, the Neom site is large, large then anything ever seen before, it will stretch the western coastline to the proximity of Jordan, around 50 Km south of it, keeping it 75Km away from Eilat, giving Israel optional opportunities as well, I remember a Dutch guy who opened an ice factory in Eilat 40 years ago, the cubes for drinks, not the gelato. So there are options all over the place, all infrastructure needs that will not initially be available. Opportunities that some have no yet realised, all open for the investors who see the need for thousands of builders needing a watering hole, needing food and needing entertainment. This will enable places like the small city of Haql to experience a Gold Rush growth momentum.

From Haql to Hamid (where the bridge is likely to start) the distance is a mere 125Km, not the greatest road as it adds 10% to the trip, but the 392 will directly link to Saudi highway 5 getting you to Haql and that setting is merely a starter for plenty of other options. You see, when we consider that part, the bridge itself, when the final point gets a 4G tower, it would effectively cover Sharm-El-Sheik as well, I cannot say what the 5G coverage is as I do not have any reliable data on the range of such a tower. The same could be achieved from Tiran Island, covering the tourist spot and the southern part of Neom (based on 4G numbers).

No matter how it is all pushed, it has started, well, it started some time ago, but with the geological surveys a new chapter is starting, I reckon that when the first studies have been completed and accepted, the setting of concrete will not be far off. It is in this stage where we saw just a month ago (at https://neomsaudicity.net/), “Italian construction company Salini has announced plans to join NEOM project and expand into the Middle East, which includes project contracts in the Gulf, especially Oman, Saudi Arabia and the United Arab Emirates“, and Salini is doing just fine. When we are given: “The company has also prequalified for the first phase of the $ 1 billion Avenues project, which is to be made up of two hotels, a shopping center, and an administrative building. It is part of 2,410 active projects in the Saudi Arabia since April, worth $ 190 billion“, we see that growth will be on the front bench of the board of directors of Salini Impregilo for years to come, which I expect will also come with additional growth projects in Sharm-El-Sheik. I reckon that this headway is the best news that Italian Prime Minister Giuseppe Conte was seen in close to a decade, yet they are one of many, and all of them will be needing people, so as the billion dollar contracts are handed out, and when we consider the Business Insider headline: ‘a $500 billion mega-city that’s 33 times the size of New York City‘, how long will it take until these companies realise that there are deadlines and that they are understaffed? That’s not merely construction and engineering. How about all these Arkey systems, Autodesk and Autocad placements? What do you think will happen when the IT division shuts down for whatever reason and local IT support will be required? That is merely beyond the commonplace Office software, that part you can evade with cloud services and in a pinch rely on your Google account. CAD software and design software is another puppy and when the heat strikes the power falters and systems need ghosting and restoring, it will be all about local manpower and things will always go wrong at the wrong moment. So, when you score your billion dollar contract and the infrastructure takes a dive, how prepared are you? How strong are the infrastructure settings for replacing it all? So even as the Neom News site gave us in April “NEOM Announces first 6 Jobs“, we need to realise that they will need another 15,000 trained professionals in that location soon enough. I wonder where these people will go shopping for the shortage. There is every chance that some of them will rely on poaching soon thereafter, which optionally raise staff costing by 200%-500% (depending on expertise needed), at that point consider the other parts that every building, every mall and every infrastructure needs. Neom city will soon become one of the largest employer hotspots for the next decade.

 

Leave a comment

Filed under Finance, Media, Politics, Science