This is Saudi Arabia, naked. Bereft of the long frocks, robes and unkempt beards that hide the evil within.
Archives of “saudi arabia” tag
rssCan the Saudis destroy the NYMEX?
Read more here:
For Saudi Arabia, it is a philosophical issue that the black gold pouring out of its deserts should be treated as a tangible, physical commodity – not the paper plaything of traders on Wall Street hedging against the weak dollar. This thinking is at the heart of the Middle Eastern country’s decision last week to abandon its long alliance with West Texas Intermediate crude – the famous oil used by most global producers to price their exports to the US.
It is both a technical issue and a symbolic shift that strikes a blow to the domin-ance of the New York Mercan-tile Exchange, the world’s biggest centre of oil trading where the most popular products relate to WTI crude. (more…)
When Money Died
Think Advisor: What were you able to learn about fundamentalist Islam by following the money?
Tavakoli: If you read the 9/11 report, it states the Saudis, among others, funded terrorism. There is a theory that Saudi Arabia, among others, funded the fellows who formed ISIS to advance the Wahhabi agenda on the Arabian Peninsula, but their monsters went rogue and formed their own Wahhabi-based caliphate. Saudi Arabia got its start by using the Wahhabi ideology as a recruitment tool, and the Saudis are not keen to see upstarts dethrone them. There can only be one caliphate, so Gulf governments have a keen interest in pushing back the new challengers, before the so-called caliphate gains more traction.
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Gil Weinreich at Think Advisor interviewed Janet Tavakoli on her new nonfiction book Unveiled Threat: A Personal Experience of Fundamentalist Islam and the Roots of Terrorism. You can read the entire interview here: “Tavakoli Turns Her Fire From Crony Capitalists to Muslim Fundamentalists.”
From Washington’s Blog, an endnote from his book review of Unveiled Threat:
“Postscript: Even though Unveiled Threat focuses on the danger of fundamentalist Islam, Tavakoli’s expertise in financial matters still shines through in parts, such as this gem:
‘Bin Laden wanted to damage the U.S. economy, but he didn’t make a dent compared to Wall Street executives.’”
Forget Copernicus: Saudi Cleric Teaches Earth Does Not Orbit the Sun -video
A Saudi cleric told students at a university in the United Arab Emirates that the Earth is stationary and does not move around the Sun, insisting any claims to the contrary are pure speculation.
Sheikh Bandar al-Khaibari said that the Earth cannot be revolving around the Sun because otherwise airplanes would not be able to reach their destination. In a recently emerged video, the cleric can be seen using a cup of water to awkwardly explain why the Earth is in fact stationary. Take a look:
The Best Performing Stock Market In The World This Year Is
“Isolated, sanctioned, oil-crushed, ‘economy is dying’, warmonger” Russia…
Of the 93 major equity indices in the world, Russia is the best performer (in USD terms) – up 13.36% YTD (followed by oil-crushed Saudi Arabia)…
Visualizing The Global Rush To Build Skyscrapers
In the last two years, 39 skyscrapers taller than 300m have been constructed, with five of the them eclipsing the height of the Empire State Building.
Global skyscraper construction has increased a whopping 402% since 2000.
HIGH-RISE HOT SPOTS
China
Nearly every sizeable Chinese city has skyscrapers under construction, and the numbers are staggering. Since 2012, China has added 38 skyscrapers over 300m (~1,000 ft) in height, and there are another 16 skyscrapers on the way in 2018.
In particular, the Pearl River Delta megaregion, which is anchored by Hong Kong, Shenzhen, and Guangzhou, has seen an astonishing commercial construction boom. Today, 20 of the 100 tallest buildings on earth are located in just this one urban megaregion of China. (more…)