The world oil flood is quickly rising. As we have seen in “Oil Flood (1): The Kingdom is Back”, the decisions taken by OPEC members and Russia not to curb oil production, while Saudi Arabia is forcing prices down, are much more about power politics and strategies than about economics and the “invisible hand” of the logic of “supply and demand”. We shall now focus on what the evolution of the current oil market reveals about current and future geopolitics. Since the end of November, especially since the 27 November OPEC meeting, prices have kept falling down, while the main producers, chiefly among them Saudi Arabia, Russia, Iran, and the private U.S. companies, have all decided, for reasons of their own, to maintain …
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Since July 2014, oil prices have been falling, while OPEC members have decided to maintain their current levels of production (OPEC, 166th meeting concludes). It appears that the Saudi Kingdom plays an essential part in this operation. Numerous articles and commentaries are focused on the economic and financial consequences of this situation, and try to anticipate how national and global economies are going to react. The problem with this kind of questions is that they miss the fact that oil is not only a commodity and the support of gigantic financial activities (William Engdahl, A Century of war, Anglo-american oil politics and the new world order, 2004). Before all, oil is an extremely powerful tool of political power (Michael Levi, “Why …
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“Interstellar”, the 2014 global blockbuster movie by Christopher Nolan is a feat of intellectual and strategic thinking. The movie follows the adventures of three astronauts whose mission is to find a viable planet for humankind, while people on Earth are struggling with the rapid decay of the biosphere and the increasingly dangerous effects of climate change. In fact, this movie addresses the political and existential issues of what is to become of humanity once the climate change crisis, the biodiversity crisis and the energy and minerals crises will have been firmly and clearly interlocked for two dozens years from now. This nexus of “socio-bio-vital crises” is very smartly used by Christopher Nolan to elaborate a vehicle for a new kind of …
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Each week our scan collects weak – and less weak – signals… This week a very important “exclusive” by Reuters regarding a new Saudi strategy of lower energy prices, with all the potential impacts this may have on, for example fracking in the U.S. or Russian energy strategy. An interesting article on how Internet-based flight tracking tools and …
Since March 2014, the Russian “dispatch of troops to Crimea”, and the contested referendum in Crimea followed by its incorporation into the Russian Federation, “The West”* rhetoric is that Russia is isolated, and that the U.S. and its allies will work to further isolate it (e.g. Zeke J Miller, “Obama: U.S. Working To ‘Isolate Russia’“, Time, 3 March 2014).As the war in Eastern Ukraine seems to be perceived mainly through “Crimean lenses”, this Western policy, added to rounds of sanctions, aim at seeing an increasingly isolated Russian Federation bend to a “Western” vision of what the international order should be. The soon ex-General Secretary of Nato Rasmussen’s statement on Estonian TV according to which “Russia is globally isolated due to its actions in Ukraine” is only one example of similar comments made over …
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Editorial – Information Wars – Information or more broadly belief-based wars seem to multiply right now, relayed by many official declarations, articles and analyses, although fortunately not all. This is a worrying phenomenon because it leads to direct polarization (enhancing feelings of threat, fear, “all because of an evil other that must be fought”) and to inaccurate analyses, which in turn also fuel polarization. Information wars: propaganda, biases and conspiracy theories We can see this phenomenon at work regarding Ukraine, Iraq, or, in a lesser way because the spotlight is not right now directed at this issue, China and the various disputes in the East and South China Seas. In Iraq, the way the al-Maliki government accuses Saudi Arabia to support ISIS, when actually a more …
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Editorial – The Caliphate, War in Syria and Beyond – The victorious offensive of the Islamic State of Iraq and al-Sham (ISIS) in Iraq should not come as a surprise. It has been in the making for quite a while, the “while” changing according to the perspective, starting with the 2003 invasion of Iraq by the U.S. led coalition and their destruction of the Iraqi state apparatus (see notably Paul Mutter, “Maliki’s most solemn hour“, The Arabist). Nevertheless, the impacts of the capture of Mosul are multiple and crucial. ISIS has not only expanded its territorial basis, but it has also won moral and “face”, resources, including large amount of money, becoming the wealthiest Islamist competing state actor (and not “non-state actor”, or “terrorist …
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Through this page you can access posts focusing upon or referring to a country by geographical and regional location. Greater Middle East Syria Egypt Iran Iraq Jordan Israel Europe Russia Spain Ukraine United Kingdom Polar Regions Arctic North East Asia South Asia North America Central Asia & Caucasus South East Asia …
Editorial – A case study in escalation: NATO, the U.S. and Russia. If we very coldly look at how the situation is evolving between NATO, the U.S. and Russia, then it seems undeniable that we are in the case of a serious escalation, which is also getting larger and deeper.The hope for de-escalation the Kerry-Lavrov meeting had created, followed by the start of a removal of the Russian troops from the Russian territory close to the Ukraine border, as noted by the BBC (see Jonathan Marcus, first question, Doorstep statement by NATO Secretary General Anders Fogh Rasmussen, 1 April – video) stopped with NATO’s series of declarations, starting with “Unfortunately, I cannot confirm that Russia is withdrawing its troops. This is …
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In a passage of the “Seven Pillars of Wisdom”, T.E. Lawrence, a.k.a. “Lawrence of Arabia”, recalls that, as he waged a guerrilla war in the Arabian Desert, he was looking for a way to besiege an Ottoman garrison. He then had a kind of military epiphany, understanding that he did not need to do that, because the garrison was already besieged … by the desert. All he had to do was to stay mobile. However, a siege can be a very strong position for the defendant, which, often, can be defeated only from inside, as a long military history shows since the Trojan War. One can wonder if, nowadays, the U.S. national defence and security apparatus is not in the same …
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