Saudi Minister Warns Of Economic Fallout From Gaza Conflict At WEF Summit | Dawn News English
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- เผยแพร่เมื่อ 27 เม.ย. 2024
- Saudi Arabia has called for regional “stability”, warning of the effects of the ongoing Israel-Hamas conflict on global economic sentiment at the start of a summit attended by a host of Gaza mediators, AFP reports.
The Gaza situation along with conflicts in Ukraine and elsewhere put “a lot of pressure” on the economic “mood”, Saudi Finance Minister Mohammed al-Jadaan said at one of the first panel discussions of the two-day World Economic Forum (WEF) special meeting.
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This economy is curse on u Arab leaders. Thank Allah for those poor muslim countries who have Iman.
Economic fall out....they are getting worry for their comfort and abilities of wasting money for fun
33 000 dead....65 000 wounded....12 000 children slaughtered....have less weight than an economic fall out.
only cares about money - shame on you
It is sad to see where things are. I am also glad to hear and witness the
statement by the Saudi Minister.
Not one word of sympathy about the poor Palestinians ! Instead mentioning Ukraine first, Palestine rather Gazans or the Palestinians suffering in Rafah and Jerusalem. She specifically asked him about Gaza , not the loss of lives! Shame on Saudi Arabia! Snakes in the grass!
Stop the flow of oil and see what will happen
Useless utterances....
substantive human rights choice for divine central authority unity overcome government separation from God
Britain had historically backed the Ottoman Empire in the Middle East before the first world war. The tottering Empire, which claimed to be the Caliphate, extending its authority over the entire Muslim world, had reached its peak in the 17th century and was in a state of decomposition by the 20th century. Yet it still controlled much of the Muslim Arab world, including Palestine, Jordan, Syria and Iraq.
This interest in the maintenance of Ottoman influence spanned Britain’s high imperial era, when the Empire used its alliance to fend off rivals like Russia, and maintain an Iron grip on India, its most prized possession.
The first world war terminated this relationship when the Ottomans, for their own reasons, sided with Germany and the axis forces. Britain’s direct military confrontation with the Ottoman Empire proved an unexpected humiliation in the early part of the war.
The UK sought to undermine the Ottoman’s in some of their most important territories by inciting Arab revolt.
Arab Revolt
The British Empire made extravagant promises to Arab leaders, including that a new Caliphate could be established in the Holy cities of Mecca and Medina, the original centres of the Islamic world, and that the new Caliph could be an Arab.
But behind the scenes the British Empire discussed its real intentions. It’s leaders believed that the Arabs would never cohere as an entity, and could therefore be controlled by the British. In the Sykes-Picot Agreement, the British and French foreign minister carved up the rapidly changing geopolitical landscape of the Middle East.
A power struggle ensued within Arab factions and the wartime leadership of the revolt was toppled by Ibn Saud. Saud was in allegiance with an Islamic movement, later called Wahhabism, that demanded a fundamentalist interpretation of Islam, and saw its role as reviving the Muslim world.
The British Empire endorsed Saud as he established his new state with extreme violence. The British state not only funded the creation of the new state, but sent advisers to guide its development.
When the fundamentalist movement turned against Saud in the late twenties, the British rushed in to protect their new ally, crushing the rebellion. But the ethos of Wahabbism was integrated into the state, and in the decades to come its ideas would proliferate around the region.
This allegiance created in blood solidified in the 30s, when Britain helped establish the unified Saudi Arabia. By this time, the British had created a network of states across the region under its own influence.
The impact on the modern region
Much of the chaos of the Middle East today flows from the Sykes-Picot Agreement, and the cynical interests which drove it.
Arbitrary borders drawn up by the Europeans remain a source of tension to this day. European involvement in the region undermined its economic and social development for imperial extraction. The colonial-settler state in Israel and the displacement of the Palestinians was one of its signature achievements.
And the relationship at the heart of the new Middle East remains of vital importance to the UK and the new global hegemon, the United States.
Especially after the Iranian Revolution in 1979, the West has relied on Saudi Arabia both as a source of oil and as a regional policeman, which acts to re-enforce western interests and crush forces threatening to upset the imperial architecture of the region, as it did with the invasion of Bahrain during the Arab spring, and as it is now doing in Yemen.
But that does not mean the Saudi Arabia is a mere puppet. Prince bin Salman and the new state leadership recognise that the Kingdom’s future stability means internal reform and an extension of regional influence, even if this must be achieved with brutality. The state cannot continue to rely forever on its oil economy, on which it is grossly over-dependent.
The US is also much less reliant on Saudi oil now than it was during the 1970’s oil crisis, when the Saudi’s led OPEC - a coalition of smaill oil producing countries - combined to hike up global prices. Bin Salman’s global geopolitical leverage is restricted by this fact, even if it remains a very important country for the US in the context of the chaotic politics of the MIddle East.
Both Britain and the US encouraged Saudi Arabia and the UAE to take the lead when it comes to war with Yemen, after being burnt by the experience of Iraq and Afghanistan when it comes to direct intervention in the Middle East. But after three years, and a brutal strategy of starving the civilian population in the country, British Foreign Secretary Jeremy Hunt and US Secretary of State Mike Pompeo are now trying to rein the Crown Prince in, without detering him from continuing to spend billions on arms purchases from both countries.
The British state and Western axis are therefore in a bind; in an increasingly chaotic Middle East, they need a strong Saudi Arabia as much as ever. But their ally is changing in unpredictable new ways.
They love to sleep.
Can you trust MBS/MBZ/El-Sissi
$$$$🤑🤑all they think of.......
Thats why they are rich and not broke like most of muslim countries. Man lives only once so don waste time on politics and humanitarian affairs.
بھائی لوگ
بہت دیر کی مہرباں آتے آتے
بھاشن دے کر لوگوں کو مطمعن مت کرو لاکھ فلسطینی شہید
کر آج ھمدردیاں جتا رھے ھو
Sorry about the martyred! Hope justice will prevail and Palestine will become free soon!
This is production of the hammas cynical and evil experience: the "el aqza flood" oct 7 2023 عملية طوفان الأقصى. Sinuwar, Deif, Hanniya. What happens in Nova/Re'im doesnt stay in Nova. Revenge: an old tradition in the Orient.
The whole world is protesting for Palestinian Muslims but nothing happening in Pakistan. Very strange and ciwards Pakistani students.
Time for Pakistani students to come out in large numbee and protest for Palestine cause.
🤢🤮🤑🤑🤑🤑🤑🤑