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Posts Tagged ‘Tunisia’

‘The West is to be forgotten. We will not give them our oil’ – Gaddafi

March 17, 2011 Comments off

This is just the first step in a long line for the US on not receiving any oil that is pumped from any country in the Middle East resulting in third world status.  Lindsey Williams mentioned it on the Alex Jones Show almost a month ago.

http://rt.com/news/libya-oil-gaddafi-arab/

Libyan leader Muammar Gaddafi dismissed his Western partners in an exclusive interview to RT, saying he will give all the country’s oil contracts to Russia, China and India.

“We do not believe the West any longer, that is why we invite Russian, Chinese and Indian companies to invest in Libya’s oil and construction spheres” Gaddafi told RT in an exclusive interview about how he sees the current situation in Libya and the international reaction to events there.

He condemned the Western powers, saying Germany was the only country with a chance of doing business with Libyan oil in the future. “We do not trust their firms – they took part in the conspiracy against us.”

The Libyan leader also added that as far as he is concerned, the Arab League has ceased to exist since it stood up against his country.

According to Gaddafi, the recent upheavals in his country were a “minor event” planned by Al Qaeda that will soon end.

Meanwile, Libyan Deputy Foreign Minister Khaled Kaim promised that Libya will honor Read more…

Recent droughts and floods have contributed to increases in food prices

March 14, 2011 1 comment

7thspace.com

These are pushing millions more people into poverty and hunger, and are contributing to political instability and civil unrest. Climate change is predicted to increase these threats to food security and stability. Responding to this, the world’s largest agriculture research consortium today announced the creation of a new Commission on Sustainable Agriculture and Climate Change.

Chaired by the United Kingdom’s Chief Scientific Adviser, Professor Sir John Beddington, the Commission will in the next ten months seek to build international consensus on a clear set of policy actions to help global agriculture adapt to climate change, achieve food security and reduce poverty and greenhouse gas emissions.

There is a rich body of scientific evidence for sustainable agriculture approaches that can increase production of food, fiber and fuel, help decrease poverty and benefit the environment, but agreement is needed on how best to put these approaches into action at scale. Evidence also shows Read more…

Russia warns the West against interference: Medvedev suggests that revolts in the Arab world were instigated by outside forces

March 13, 2011 Comments off

globalresearch

Moscow is concerned that the turmoil in the Arab world aggravated by western interference may destabilise Russia’s restive North Caucasus and former Soviet Central Asia

-Although Russian leaders have not named any country, experts and politicians have pointed a finger at the United States.

“The Arab revolt may have begun as spontaneous protests, but the West has now moved to take the endgame under its control,” says Konstantin Kosachyov, chairman of the Foreign Affairs Committee of the State Duma. Analysts say the U.S. is using the same techniques in the Arab East it earlier used in staging “coloured revolutions” in the former Soviet Union — in Georgia, Ukraine and Kyrgyzstan. They noted the role of CIA-linked foundations such as the Freedom House and the National Endowment for Democracy (NED), in supporting and training civil activists and Twitter and Facebook organisers of the protests in Egypt and Tunisia.

“The events [in the Arab world] bear all the traits of a total ‘network war’ (netwar) as formulated by John Arquilla and David Ronfeldt of the RAND Corporation back in 1996,” says Alexander Knyazev of the Moscow-based Institute of Oriental Read more…

Oil Should Spike Higher Following Saudi Riots and Nigerian Elections in April

March 11, 2011 Comments off

businessinsider.com

The following special report on oil (LA Blog Only, leverageacademy.com/blog) discusses the oil market, providing reasons to be bullish  on the commodity given unrest in the Middle East, Nigerian elections in April, and rising domestic consumption in oil producing countries, including Venezuela, Nigeria, and Iran.  According to the article, the rise of oil prices could easily cause the next recession.   In 2010, soft commodities outperformed energy, but that will certainly change given the political headwinds abroad and continued monetary easing in the developed world.  Therefore, the Bernanke “Put,” combined with political unrest will be to blame for continued sharp price increases in the energy commodity sector.

Emerging market demand, especially in China, which now consumes nearly 10mm barrels of oil per day, will also be driving the demand side of the equation.  Money supply in China was also up 19.7% in 2010, because of the rapid Read more…

The Oil-Food Price Shock

March 11, 2011 Comments off

thenation.com

When future historians attempt to trace the origins of the current turmoil in the Middle East, they will find that one of the earliest of the many explosions of rage occurred in Algeria and was triggered by the rising price of food. On January 5, young protesters in Algiers, Oran and other major cities blocked roads, attacked police stations and burned stores in demonstrations against soaring food prices. Other concerns—high unemployment, pervasive corruption, lack of housing—also aroused their ire, but food costs provided the original impulse. As the epicenter of youthful protest moved elsewhere, first to Tunisia and then to Egypt and other countries, the food price issue was subordinated to more explicitly political demands, but it never disappeared. Indeed, the rising cost of food has been a major theme of anti government demonstrations in Jordan, Sudan and Yemen. With the price of most staples still climbing—spurred in part by a parallel surge in oil costs—more such protests are bound to occur.

Whatever the outcome of the protests, uprisings and rebellions now sweeping the Middle East, one thing is guaranteed: the world of oil will be permanently transformed.

From crippling droughts in the Ukraine and Russia to region-shaking unrest in Tunisia, rising commodity prices and extreme weather events are already threatening Read more…

Middle East Unrest Could Harm WMD-Free Zone Talks

March 9, 2011 Comments off

globalsecuritynewswire

Protesters chant slogans on Saturday during a demonstration outside an Egyptian state security building in the outskirts of Cairo. Recent political instability throughout the Middle East could complicate efforts to establish a regional weapons of mass destruction-free zone, current and former officials said (Wissam Nassar/Getty Images).

The unrest and revolutions sweeping through the Middle East have raised doubts over the potential for regional nations to hold previously planned talks focused on forming a weapons of mass destruction-free zone, Arms Control Today reported in its March issue (see GSN, March 1).

At the 2010 Nuclear Nonproliferation Treaty review conference in New York, member nations agreed to hold a 2012 meeting on “the establishment of a Middle East zone free of nuclear weapons and all other weapons of mass destruction.”

“We are absolutely committed” to the WMD-free zone meeting, White House WMD point man Gary Samore said in an interview last month. “But there’s a lot of uncertainty because of the unrest in the Middle East.”

In the last two months, longstanding regimes in Tunisia and Egypt have fallen, and protests in Libya have escalated into full-scale fighting between militants and forces loyal to Col. Muammar Qadhafi. Protests have also erupted in Bahrain, Jordan, Oman and Read more…

3 dead, dozens shot in Yemen unrest

March 9, 2011 Comments off

aljazeera

Many protesters are angry at widespread corruption in a country where 40 per cent live on $2 a day or less [Reuters]

Anti-government unrest continued in Yemen on Tuesday with three people reported dead in a prison riot in support of protests and dozens reported injured when police opened fire on crowds in Sanaa, the Yemeni capital.

Policemen and security agents in civilian clothes opened fire as they tried to prevent people from joining thousands of protesters camped out in front of Sanaa University, witnesses told the Reuters news agency. Three of the injured were said to be in a serious condition.

Meanwhile, three prisoners at a Sanaa prison were reported killed and Read more…

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