Archive

Posts Tagged ‘Tunisia’

Days of Rage, Oil Prices, and the Suez Canal

February 4, 2011 Comments off

Kurt Nimmo
Infowars.com

Bloomberg warns today that an act of sabotage or a decision by a new regime – possibly headed up by the Muslim Brotherhood – to close the canal and its oil pipeline to punish supporters of Egyptian dictator Hosni Mubarak could send oil prices through the stratosphere.

Egyptian troops currently guard the canal and its adjacent Suez-Mediterranean oil pipeline but that does not mean the flow of oil – more than 1.7 millions barrels per day – cannot be shut down.

About 2.5 percent of global oil production moves through Egypt via the Suez Canal and the Suez-Mediterranean Pipeline, according to Goldman Sachs.

From 1967 until 1975, Egypt kept the canal closed in response to Israel’s seizure of Arab territory, forcing tankers to travel around the Cape of Good Hope.

Earlier today, investors increased bets that oil prices will likely increase as much as $250 a barrel on concern the unrest in Egypt will shut down the flow of oil through the Suez Canal and spread to Saudi Arabia.
Lindsey Williams and Bob Chapman on the Alex Jones Show, January 28, 2011.

On January 28, Lindsey Williams told Alex Jones the situation unfolding in Egypt is a carefully engineered event instigated by the global elite as part of a plan to bankrupt the United States and send shock waves through the global economy.

In December, Williams told Jones that his insider connections said the price of oil will soon skyrocket to between $150-200 per barrel and this price increase will result in gasoline in the range of $4-5 per gallon.

Williams became a friend and trusted confidant of oil industry executives while serving as chaplain for them and their construction crews building the Alaska pipeline in the 1970s.

Market analysts are unsure how the current crisis will Read more…

Categories: age of rage, days of rage, global economy, Oil Tags: , , , , , , , , , , , , , , , , , , , , , ,

Even Donald Trump Is Warning That An Economic Collapse Is Coming

February 4, 2011 Comments off

In a shocking new interview, Donald Trump has gone farther than he ever has before in discussing a potential economic collapse in America.  Using phrases such as “you’re going to pay $25 for a loaf of bread pretty soon” and “we could end up being another Egypt”, Trump explained to Newsmax that he is incredibly concerned about the direction our economy is headed.  Whatever you may think of Donald Trump on a personal level, it is undeniable that he has been extremely successful in business.  As one of the most prominent businessmen in America, he is absolutely horrified about what is happening to this nation.  In fact, he is so disturbed about the direction that this country is heading that he is seriously considering running for president in 2012.  But whether he decides to run in 2012 or not, what Trump is now saying about the U.S. economy should be a huge wake up call for all of us.

Trump says that the U.S. government is broke, that all of our jobs are being shipped overseas, that other nations are heavily taking advantage of us and that the value of the U.S. dollar is being destroyed.  The following interview with Trump was originally posted on Newsmax and it is really worth watching….

Now, you may or may not think much of Donald Trump as a politician, but when a businessman of his caliber starts using apocalyptic language to describe where the U.S. economy is headed perhaps we should all pay attention.

The following are 12 key quotes that were pulled out of Trump’s new interview along with some facts and statistics that show that what Trump is saying is really happening. Read more…

Categories: America, Coming Events, COMMODITIES, Dollar, Economy, Federal Reserve, Food Crisis, OPEC, United States Tags: , , , , , , , , , , , , , , , , , , ,

Yes, Islamists Are Coming Through Mexico

February 4, 2011 Comments off

Said Jaziri was seen getting in the trunk of a smuggler’s car by bystanders, captured only by luck and their patriotism.

When chaos reigns supreme in a nation that shares an almost two-thousand mile border with the United States, and that border is not protected to the extent it should be, undesirable elements sneaking their way from Mexico into the U.S. becomes the rule instead of the exception. We have all been made aware of the drug shipments that come into the U.S. through the porous and undermanned Mexican border, and we all know of the steady stream of Mexicans that for decades have snuck through looking for a better life in the U.S. for themselves and their families back in Mexico. However, it is next to impossible to tell who else comes across the U.S./Mexico border until they are apprehended, or worse.

On January 11, U.S. Border Patrol agents pulled over a BMW near the Golden Acorn Casino, 50 miles east of San Diego, California. The vehicle was driven by Kenneth R. Lawler. Border Patrol agents found Lawler had tucked away in the trunk of his car a souvenir of sorts from Mexico: a radical Muslim cleric by the name of Said Jaziri.

Lawler was arrested and is being held on charges of alien smuggling, while Jaziri is being held for Read more…

Categories: Mexico Tags: , , , , , , , , ,

Tens of thousands turn out for rival rallies in Yemen

February 4, 2011 Comments off
By Borzou Daragahi and Noah Browning, Los Angeles Times

Yemeni protesters shout slogans during their "day of rage" rally against President Ali Abdullah Saleh. (Gamal Noman, AFP/Getty Images / February 3, 2011)

Large competing rallies for and against the longtime leader of Yemen unfolded Thursday without incident in one of the Arab world’s poorest, most volatile and violent nations.

The Arabian Peninsula nation’s opposition, inspired by the revolt in Tunisia and the ongoing uprising against President Hosni Mubarak in Egypt, had called for a “day of rage” against the rule of President Ali Abdullah Saleh, who has held his title since 1978 and has been accused of corruption and mismanagement. Saleh and his supporters sought to upstage the protesters by holding a simultaneous counter-demonstration across town.

The two rallies drew tens of thousands of people and, unlike in Egypt or Tunisia, unfolded largely peacefully with no major arrests or clashes, according to a Yemeni official. The day’s relative calm suggested that the political passions unleashed by the uprisings in Egypt and Tunisia will play out in different countries in different ways

In the North African nation of Read more…

Categories: age of rage, Tunisia, Yemen Tags: , , , , , , , , ,

A New World Order Reserve Currency

February 3, 2011 2 comments

What do the riots in Egypt and a new world reserve currency have in common?

Perhaps more than we think.

Consider the following statements from George Soros in a recent interview:

Some statements of Soros (who happens to be a Fabian Socialist):

The efficient market hypothesis has failed.

Markets are not tending toward equilibrium.

There is imperfect knowledge of regulators and market participants.

He has an economic theory that is “more relevant” than the dominant one and is supporting an institute for new economic thinking….

Inflation (in the United States) is helpful because the burden of debt was getting too heavy.

The problem is you don’t have a Read more…

Categories: New World Order, world, World Events Tags: , , , , , , , , , , , , , , , , , , , , , , , ,

Saudis already have 2 Pakistani Nukes

February 3, 2011 Comments off

It’s a story that pops up again and again. Saudi Arabia has acquired at least 2 functional Nuclear Weapons from cash strapped Pakistan. Certainly Saudi Arabia has the money to buy nukes from sources like France, China, Russia, North Korea and Pakistan or even India.

The worrisome thing is that Pakistani nukes may be on the move and the west has very little knowledge or control over it. Pakistan is the most dangerous country on earth. It has a population of 185 million and the majority of people there hate the west and hate Americans. Intelligence experts privately concede that the battle for Pakistan is over. They are now a de facto enemy of the U.S. Al Qaida, the Taliban and the Muslim Brotherhood have won. The ties between Read more…

Categories: Pakistan, Saudi Arabia Tags: , , , , , , , , , , , , , , , , , , , ,

Something Large This Way Comes

February 3, 2011 1 comment

And so it picks up steam.  What started in Iceland,  instigated by Wall St,  has now engulfed Tunisia,  Yeman,  Sudan,  Egypt,  Syria,  Jordan and others yet to be made manifest.  Saudi Prince Turki bin Abdul Aziz Al Saud has warned the country’s royal family to step down and flee before a military coup or a popular uprising overthrows the kingdom.

Julianne the Apostate can take the credit of kicking this ball down the hill as it was his release of some of those documents which demonstrated selected venality amongst certain countries’ leadership.  It would have happened anyway,  but the Apostate,  it seems,  was the spark.  How this could be to Israel’s benefit is beyond me.

The control system is blowing apart at the seams.  Anyone thinking the unrest across North Africa to the Middle East is part of a planned paradigm has got to be crazy.  Certainly,  there are organizational forces at work trying to ride on top of the chaos,  but all Read more…

Categories: Coming Events Tags: , , , , , , , , , , , , , , , , , , , , ,

Authoritarian governments start stockpiling food to fight public anger

February 2, 2011 Comments off
Authoritarian governments across the world are aggressively stockpiling food as a buffer against soaring food costs which they fear may stoke popular discontent.  

Riots started in Tunisia initally over the price of staple food like sugar, salt and grain Photo: AP
By Ben Farmer in Islamabad 4:11PM GMT 28 Jan 2011

Commodities traders have warned they are seeing the first signs of panic buying from states concerned about the political implications of rising prices for staple crops.

However, the tactic risks simply further pushing up prices, analysts have warned, pushing a spiral of food inflation.

Governments in Asia, the Middle East and North Africa have recently made large food purchases on the open market in the wake of unrest in Tunisia which deposed president Zine al-Abidine Ben Ali. Read more…

Categories: COMMODITIES, Food Crisis Tags: , , , , ,

Oil Prices: Egypt’s Crisis Could Hurt Europe First

February 1, 2011 Comments off

CHARLES WALLACE

Some crude oil prices brushed $100 a barrel Monday as fears escalated that the violence in Egypt would spread to other parts of the oil-producing Middle East. But so far, no reports have surfaced that the disturbances in Egypt have disrupted oil deliveries.

Brent crude oil surged to $99.97 a barrel on London’s ICE futures exchange, up about 5% since the beginning of last week, when violence spread from Tunisia to Egypt. In U.S. trading, West Texas Intermediate shot up 1.7% on Monday, but was still about $10 a barrel cheaper than Brent crude, its European counterpart.

Julius Walker, a senior analyst at the International Energy Agency in Paris, says the organization has received no reports that oil shipments were being delayed, but the website of the agency that runs the Suez Canal has been shut down by the ban on Internet use in Egypt, so a precise reading isn’t available.

“Nothing has been affected. It’s just the worry of it,” Walker says.

A Chokepoint for Europe-Bound Oil

Egypt is a small oil producer, and its output is almost exactly equal to Read more…

Categories: Egypt, Europe, Oil Tags: , , , , , , , , , ,

Thousands protest in Jordan for third week

February 1, 2011 Comments off

Suha Philip Ma’ayeh

AMMAN // For the third consecutive on Friday, Jordanians poured into the streets after noon prayers to protest against soaring prices and call for a change in government.

The Islamist led opposition, professional associations and leftist activists marched yesterday from Al Huesseini Mosque to the capital’s center. They held banners that read “Corruption and normalisation are two faces of the same coin,” called for a “national unity government” and called for the prime minister Samir Rifai to step down.

Police estimated 3,500 people took part in the protest, one of several demonstrations held this month despite two recent government aid packages to mitigate the impact of soaring prices. The measures included a 20-dinar (Dh100) monthly salary increase for state workers and in pension, while the previous aid package increased subsidies for some commodities, including fuel and food staples such as rice and sugar.

Another 2,500 people also took to the streets in six other cities across the country after the noon prayers yesterday. Those protests also called for Mr Rifai’s ouster. Read more…

Categories: Jordan, Samir Rifai Tags: , , , , , , , , , , , , ,