Tag Archives: Patrick Pouyanné

At 00:10 Tel Aviv Time, roughly 07:10 here, the time of waiting was over, Iran has fired its missiles on Israel making the outstanding option of an impending war a lot more realistic. In this the Guardian gives us (at https://www.theguardian.com/world/2018/may/09/iran-fires-20-rockets-syria-golan-heights-israel) “Iranian forces stationed in Syria fired approximately 20 projectiles at Israeli military positions in the Golan Heights just after midnight on Thursday, Israel’s defence forces (IDF) said“, in addition we see “Several but not all rockets were intercepted by Israeli air defences, an IDF spokesman, Lt. Col. Jonathan Conricus, told reporters“, whatever happens, will happen soon, because if sch a barrage cannot completely be stopped, we can deduce that it will not take long for Iran to take a more targeted notion, yes, my version is speculative, yet the warmongering words from the last weeks gives rise to take it all a lot more serious than it has been taken in the past. So when we see ““The IDF views this Iranian attack very severely,” Conricus said. “This event is not over”“, we better believe that more is to come. There is an additional setting, this attack could only have been done with the approval of President Bashar al-Assad, so he is feeling secure enough with Iran and Russia backing him, so the picture changes on a few fronts, this is no longer merely settling whatever Iran thought it was settling, this could have much larger repercussions. Turkey is already voicing support for Iran and siding with Russia (they are playing their hand cautiously, yet Turkey is all in with their anti-Israel views. It gets to be worse, because as the US pulled out of the nuclear Iran accord, we now see ‘EU rushes to arrange crisis meeting with Iran over nuclear deal‘ (at https://www.theguardian.com/world/2018/may/09/eu-moves-to-protect-european-firms-from-us-sanctions-on-iran), so even as we know that there are several things wrong, even as Iran meddled in other business and now is responsible for direct missile attacks on Israel, we see that Europe is still trying to make some level of a deal with Iran. It goes even further when we see “Work on the package being coordinated by the European Union is at an early stage, but the EU is being urged to warn the US it will impose countersanctions if the US attempts unjustifiably to cripple EU firms trading with Iran“, yet the foundation is that there has been more and more overwhelming evidence that Iran has not been dealing in good faith. When we consider the earlier settings that I mentioned 3 days ago in ‘Stopping Slumber, Halting Hesitation‘ (at https://lawlordtobe.com/2018/05/07/stopping-slumber-halting-hesitation/), we can just quickly decide that they were prepping for all this, which would be incorrect, yet the fact that 20 missiles got there so quickly to be fired on the Golan heights also indicates that there was Iranian willingness to go that distance in several political branches and on pretty much all military levels, which is equally unsettling. The issue is that the EU remains a lot quieter when it comes to the involvement of Turkey. It is a personal view of mine, yet I believe that there will be diminished needs soon enough and there is a Turkey EU membership play coming. The beginning of ‘compliance delay messages‘ is merely an indicator, I believe that the fear mongering will get worse and too many parties are playing that game, that whilst the denial of Turkey into the EU should have been clearly made well over a year ago.  So when we are treated to “The European Union is scrambling to arrange a crisis meeting with Iran after Donald Trump pulled out of the nuclear agreement, as the Iranian president Hassan Rouhani said Europe had a “very limited opportunity” to save the deal“, we also need to keep in mind that terms like ‘could’ connected to ‘shut down UK’ on EU laws, this level of fear mongering is just beyond acceptable and we might all be better off in a direct war and whomever survives will suddenly demand near draconian treatment of the media, even as Leveson 2 is (for now) off the rails, the next crises will not go that smooth for whomever is demanding greater accountability of the media. That is not the only part, the entire Turkish economy and the S&P decision to regard Turkey. As it junkified its currency rating from ‘BB/B’ to ‘BB-/B’, we see a larger impact and when we consider that the Turkish lira (TRY) has fallen 7.4% this year and in that setting, including the corporate debt problems that Turkey is facing, the entire blow hard whilst they are not producing any music is more than merely wind in the air, as Turkish economic growth has been fueled by cheap international credit, we still see the need to pay for all that and now as we see (actually it was last month) with “Yildiz Holding—owner of the brands Godiva chocolate and McVitie’s biscuits requires a complete restructure of $6.5bn of its total $8.5bn of debt by the end of this week“, a cookie factory having an eight billion dollar debt? What else is in such disrepair? That shows just how desperate Turkey is at present to get into bed with almost anyone, that is what we are allowing in our midst and there is no level of fear that seems to be reflecting off the sides of EU Brussels and Strasbourg, which is also unsettling, now as they are optional diplomats in a really bad case of reconsideration by merely the EU to get the nuclear deal going, now we see the rise of mentions and soft press tapping on Turkish doors.

That alone should scare us beyond measure!

There is no case against it all and whilst Turkey is at a stage what some call ‘Hostage Diplomacy‘ whilst they are now upgrading their arsenal with the Russian S-400, the game switches and none of this will end up having a happy ending. For now we can leave Russia out of this as its focus is merely the US, or intermittent board hugging to make the US look bad via the EU, yet overall the setting here is not too negative (for now), the issue merely becomes hoe friendly it needs to remain with Iran in the mix, because there is the game on a different level. From my point of view there is a certain level of polarisation, even as Europe should stand next to Israel, it seems intent on standing ‘diplomatically‘ alone so that they need not stand opposing Turkey, that is merely one view, yet in light of its financial hardships and Turkish needs to be seen positive towards becoming an EU nation is not a good combination. So when we see the EU with “As long as Iran continues to implement its nuclear related commitments, as it has been doing so far and has been confirmed by the International Atomic Energy Agency in 10 consecutive reports, the EU will remain committed to the continued full and effective implementation of the nuclear deal“, which all might be very true, yet Iran has shown different colours in Syria and against Israel, so that stance is not merely wrong it promotes polarisation. On the one hand, the EU is not doing anything wrong from that one treaty point of view, yet in light of what we have seen in Syria, there are a lot more issues in play, not all are on Iran, some are allegedly issues for Iran to answer, but I wish to not use that in the examples, merely because they are allegedly part of anything, meaning they are part of nothing until confirmed and when we consider the utter uselessness on the last chemical attack reports, certain Syrian issues cannot be labelled to anyone but Syria itself. So as things in Syria escalates and as Iran is escalating them, or at least actively part of the escalation, the EU will need to take a stance sooner rather than later, they prefer later, yet when they are forced onto a corner and they select Turkey and Iran over Israel, the game will quickly change and not only is Europe feeling that drain, the impact that will happen in the middle East, is one that Europe will suffer for a much longer time than they bargained for and there is no quick solution for the wrong decision. That will be evident pretty soon at this stage.

So as we see one side evolve, we see in similar news from the Wall Street Journal (at https://www.wsj.com/articles/missiles-fired-at-saudi-arabia-signal-support-for-iran-by-its-proxies-1525886469) the mention “Iran-backed Houthi rebels in Yemen fired a barrage of missiles into Saudi Arabia on Wednesday, an early indication that Iran’s allies in the Middle East are likely to flex their muscles in a show of support for their patron—risking a wider conflict“, I think that these events which were apart by merely a few hours had some levels of coordination. So when we see “Yemeni army forces, supported by allied fighters from Popular Committees, have fired a salvo of domestically-designed and -developed ballistic missiles at “economic targets” in the Saudi capital city of Riyadh in retaliation to the Al Saud’s devastating military aggression against their impoverished country“, we need to keep a clear mind. The missiles are said to be Yemeni (Borkan H-2 missiles), yet the information on the H2 is that it is said to be a short range ballistic missile with normally a range of about 1,000 kilometres (620 mi) or less. Even as we see it is almost capable of making the 1,036 km to Riyadh, the setting that we see with ‘economic targets‘, whilst at the maximum distance, the chance of actually hitting what is aimed for at the maximum range is a lot less likely or possible, not without and ace rocket and ballistic expert at the missile site; the Houthi’s are a little short on both, so we have, in my personal opinion, either Houthi’s that want to hit any part (mainly civilian parts) of Riyadh and they merely claim to be aiming for a bank, or the optional more likely setting is that Iran has been directly involved in training the Houthi’s or firing the missiles themselves. Now, we can opt for option one, yet the training curve would be a little devastating on all minds involved (even if you use targeting computers and software, yet they have had the time to train the Houthi’s for months, so it is possible, yet I personally see it as less likely (again merely speculation from my side), so when we consider that Iran is waging war on two fronts, so far (as far as I can recall) only Napoleon and Adolf Hitler were that stupid and how did it end for them? There is an optional thought that Iran will be hiding behind European coat tails in the end, but that is still speculation without evidence (at present), perhaps that is why Turkey is in a desperate state to become part of the EU?

I am merely asking, because the Iranian decisions we are seeing over the last 24 hours give rise not to the US, but to other players hoping to wage ‘extreme’ solutions to make things go forward for them, whilst the opposing player has no intention of playing nice, the US can’t start another war and Iran might be hoping that the EU is too unwilling to see its economic setting dissolved through armed conflict. It would be a decent tactic to play, but for now it merely remains a setting of speculation. Yet, in all this, there is more than just saber rattling. When we look at Reuters we see “Turkey will continue its trade with Iran as much as possible and will not be answerable to anyone else, Economy Minister Nihat Zeybekci said on Tuesday, as U.S. President Donald Trump said the United States was withdrawing from the 2015 Iran nuclear deal“, so we see Turkey with an utter lack of accepting accountability for the economic paths that they are trying to get on (aka the EU gravy train). How can anyone expect Turkey to have any level of civility in the setting of economic partnerships? Because in the EU setting, we have seen more than one play where such acts would not have been allowed, yet Turkey is setting the pace to do just that. It is an important setting as it gives Iran a green light they should not have had, it is merely the outspoken voice to set the colour of options, and that colour is the one of explosive red. That is shown by others as the setting that is not to be allowed. Even as we understand that there is a setting that Italy, Germany and France do not want these sanctions to happen, we see that their voice gives “Patrick Pouyanné, the chief executive of the French energy firm Total, has already called for the EU to pass a blocking statute“, which makes perfect sense, and it is likely to happen, yet when we see the Turkish response with “Turkey will continue its trade with Iran as much as possible and will not be answerable to anyone else“, it merely shows that they are nowhere near ready to be allowed into the EU as a member state, because when they do something like this after they are admitted, the game changes by a lot and from that moment onward Turkey becomes merely the liability of the EU, not a member of the EU and there is a large distinct difference, even as we see them in the current setting for now, there is absolutely no guarantee that they will not continue on the undermining path that they are on, we have seen too many instances of Turkey acting that way that way in the last few years.

When we return to Iran we seem to be in deep water, not healthy waters by the way, the Riyadh/Golan actions are debatable at the very least and the fact that they are being mixed gives light to the dangers that are upcoming. Can they be avoided is the larger question, I am unsure of an answer, the fact that Yemen and Syria happened at almost the same time is a larger issue to contemplate and I have no factual useful response. Waiting for now is pretty much all we can do. I don’t think that we have to wait for too long as Israel has already announced retaliatory strikes a mere 15 minutes ago (source: Haaretz). So this cookie will not merely escalate, it is certainly the setting where other cookies get crumbled as well, the mere question is: “What are our options as per tomorrow, or the day after?”

I do not know, when it comes to Yemen, we all (mainly the EU, NATO and USA) sat on our hands for far too long and they have made it part of the package deal. So the first act (at present) might just depend on how much Saudi Arabia feels threatened.