Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Tuesday, 27 June 16:15 (GMT -05:00)



Business And Politics News

Can the military campaign in Libya be considered the beginning of World War III?

Libya

 

As soon as the Western powers started a military campaign in Libya against Muammar Kaddafi, the famous Russian politician Vladimir Zhirinovski called it the beginning of World War III. His statements are usually not considered as serious, but this time numerous experts seem to share this point of view. For example, last year George Soros said that the current situation resembled the 1930s. Probably he meant not only the Great Depression but also the series of local conflicts (Spain, Abissinia etc) preceding World War II.
 

Should we really get ready for another major war? If so, then what is going to be the reason: energy carriers like crude oil or something else?

 
Is it all about crude oil?
10 years ago Professor Michael Clair said that the reason for World War III would be crude oil, natural gas, food and pure water. He must have second sight:
·         80% of Libya’s oilfields are located in the Eastern part of the country, the place where the anti-Kaddafi movement arose and was rapidly supported by the UN Security Council. The country also possesses considerable natural-gas reserves. Under the Libyan part of the Sahara there is a huge storage of fresh water 60 trillion cubic meters, a second Baikal. The Libyans built a 4.2km pipeline in order to be able to use the water.
·         Every 3rd civil war around the world is waged in the countries rich in energy sources. For comparison sake, 20 years ago these countries made up only 20% of all the armed conflicts.
·         Over the last 30 years there has been 3 full wars in the Persian Gulf, which is one of the main sources of crude oil for the rest of the world.
·         Crude oil is the most powerful weapon. Just remember 1973 when the OPEC refused to supply oil to the US and Europe because they supported Israel in the Arab-Israeli conflict, thus making the Western powers find themselves in a rather difficult situation. Crude oil is the blood of the contemporary economy. The lack or absence of oil may suspend the work of major industrial enterprises, affecting even a country’s agricultural sector, which means lack of food.
It should be reminded that during WW2 Japan attacked Pearl Harbor because the US had suspended the oil supplies, thus trying to punish Japan for the intervention in China. As the result the US found itself involved into a major war in the Pacific Ocean while Japan invaded Indonesia (at that time it was a Dutch colony rich in crude oil).
 
The best way to come out the crisis?
Masterforex-V Academy experts assume that the expected WW III is an attempt to come out of the crisis:
·         The Great Depression in the USA wasn’t over in 1932 when Roosevelt came to power.The US economy managed to reach the previous production volume only when the country got involved in the 2nd World War.It means that the war industry saved the national economy. The Dow Jones Index reached the pre-crisis value only after WW2.
·         The famous American analyst Charles Nenner, who predicted the collapse of the US housing and stock markets 2 years before it actually happened, anticipates another economic collapse and a major war, which will take place until the end of 2011. He says that the war will start when the Dow Jones Index value exceeds 13.000. Now it is around 12200.
The history of the humankind shows that wars are one of the most effective ways to come out of political and economic crises.
 
….or maybe it is about geopolitics?
 
Some experts say that the US wants to change the existing geopolitical situation. Edward Luttwak, an American military strategist and historian, says the world is coming back to the old bipolar world (as during the cold war). Only this time the USA opposes China:
 
·         The military campaign aimed at overthrowing Kaddafi is a serious blow for China, which used to have about 50 big-scale projects in Libya (from oil production to construction of roads). The military actions in Libya forced China to close almost all of the projects and evacuate 30000 employees. The Chinese authorities say the damage is estimated at hundreds of million yuan.
·         For many years China has been “conquering” the African continent on the sly. The developing Chinese economy needs more and more crude oil. That is why China has become a strategic partner of those countries that are rich in crude oil (Libya, Nigeria, Angola). In order to resist the Chinese expansion in 2007 the US created AFRICOM. 49 African countries joined it. Libya wasn’t one of them.
·         Hwo suffers most of all from the current (and future) armed conflicts in the Arab East? The Arabs themselves and the EU, another dangerous rival of Washington. The main part of the crude oil that is delivered in the EU, comes from the Persian Gulf. Italy used to produce 14M tons of oil a year and to pump 8Bcf of natural gas through the underwater pipeline called Greenstream. Do you remember Warren Buffet’s words about the inevitable collapse of Euro? Maybe he knows something that the global community still doesn’t know?
·         At the same time the US imports crude oil mainly from its neighbors on the Western hemisphere (Venezuela, Canada, Mexico), not from the Arab East. Those who anticipate WW3 say that it will take place in Asia and North Africa.
·         Syria may become the next country where the US will initiate mass protests (another country where the leader is not Washington’s puppet). Syria is the location of the only Russian naval base in the Mediterranean Sea.
 
Yet those who are going to start another major war, no matter what goals they pursue should remember Albert Einstein’s worlds: “I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones”.
 
Market Leader and Masterforex-V Academy would appreciate if you could share your opinion on the matter:
Is there any probability of the Arab conflicts turning into World War III?
·         No, there isn’t. The threat of use of nuclear arms will cool the hotheads.
·         Yes, it is highly probable.

 

 

You are free to discuss this article here:   forum for traders and investors

 

Text: Alexander Dynnichenko
Add to blog
Got a question? – Ask it here »
 

What’s New in New Anti-Russia Sanctions?

Today, the Russian political establishment and media are glad that the Senate of the U.S. Congress has recently postponed their voting on new sanctions against Russia. However, this is just the so-called “calm before the storm”, Western experts say.

 

 
The new sanction mechanism developed by the Senate is fundamentally different from the sanctions imposed on Russia previously, under Obama’s administration. The experts say that unlike Obama’s isolated decrees, the Senate has come up with a whole new mechanism taking into consideration the whole seriousness of Russia’s crimes in the global geopolitical arena. This mechanism will prevent the U.S. authorities from being able to cancel those sanctions gradually. So, the only way out will boil down to Russia leaving Donbass, the Crimea and Syria. So, this will be the only opportunity for Russia to see the Western world cancel those sanctions.
Publication date: 26 June 01:26 AM

Fed Raises Key Interest Rate. How Will This Affect Russian Economy?

The federal Reserve has raised the key interest rate by 0,25%. According to international experts, this may well make foreign assets (including Russian ones) less attractive in terms of investing.

 

 
The decision was made as the result of the recent 2-day FOMC meeting. The interest rate was raised up to 1-1,25%. At the same time, it’s interesting to note that the actual decision matched expectations, both from the international expert community and financial markets.
Publication date: 20 June 05:12 AM

Why Did British People Punish Theresa May During Parliamentary Election?

During the recent parliamentary election in the UK, the British Conservatives failed to gain public support required to get the absolute majority in the British parliament. Now, the international expert community is discussing the reasons why Theresa May failed on her expectations.

 

 
Publication date: 20 June 03:09 AM

Why Does Trump Fail to Be a Good President?

As you probably know, the scandal around Donald Trump’s decision to fire FBI Director Comey is just one of the unpleasant incidents in his presidential career started in early 2017.

 

 
The truth of the matter is, after the investigation against Michael Flynn started, Donald Trump asked FBI Director Comey to let the investigation slide. While Director Comey didn’t dare object to President Trump openly, he didn’t do that. On the contrary, the investigation got even more intensive.
Publication date: 16 June 01:46 AM

Trump Accuses Qatar Of Financing Terrorists

Donald Trump thinks that Qatar has been involved in sponsoring terrorists in the Middle East. That said, the USA joined other nations accusing Qatar of this kind of financing. President Trump thinks that it’s time to put an end to this. However, he didn’t specify what exactly Qatar did to sponsor terrorists.

 
Publication date: 15 June 05:35 AM

Trump Is a Boomerang Russians Have Hit Themselves With

Experts say that Donald Trump is gradually turning into a boomerang launched by Russia, and the thing is, this boomerang is going to hit Russia, thereby disappointing the Kremlin instead of letting them. President Trump is turning from Russia’s hope into Russia’s disappointment.
 

 

The Kremlin celebrated Trump’s victory with champagne while today Vladimir Putin says he didn’t expect anything from Donald Trump as the next president of the United States. He moved to the White House 5 months ago, but none of his decisions was made in favor of Russia.
Publication date: 13 June 06:25 AM

Will Macron Become Anti-Trump?

 New French President Emmanuel Macron seems to be getting more popular both in France and outside. The 39-year-old President of France seems to have challenged his 70-year-old American peer.

 

 
Not so long ago, he made his TV speech in English. While some older representatives of the French people were indignant at this move since no other president in the history of France had ever dare do so, but the French youth seemed to like this.
Publication date: 12 June 01:52 AM

Google Reveals Near-Term Forecast

Google Technical Director Ray Kurzweil has revealed his forecast for the period until 2030. Previously, he also made similar prediction for the near future related to IT. Strange as it may see, most of his predictions did really become a reality. That’s why the international community has been closely watching his predictions over the last few years, even though sometimes it’s very difficult to believe that the future will be the same as he described in his forecast.

Publication date: 10 June 11:54 PM

25th Amendment Threatens Trump with Impeachment

President Trump is reported to have found himself in another unpleasant situation. To be more specific, just for revealing some top-secret information to Russian Foreign Minister Lavrov, he is now threatened with a possible impeachment. They say that the 25 amendment to the American constitution, this becomes a very likely scenario. In particular, this assumption was put forward by an advisor who used to work for George Bush Jr.

 

 
Publication date: 07 June 12:25 AM

Chinese IT Innovations as an Example for the Resto of the World

China seems to have been trying hard to revolutionize the Internet and entire IT industry through innovation. The international expert community has been seriously discussing the possibility of China setting a good example for the rest of the world when it comes to innovation.
 
Publication date: 05 June 06:04 AM