Opinion – America loses Middle East to British and Ottoman empires – PravdaReport – John Gelmini

English: Map showing the territories of the Ot...

English: Map showing the territories of the Ottoman Empire in 1914, including nominal and vassal territories. According to the information on the map in http://ottomanmilitary.devhub.com/ (Photo credit: Wikipedia)

The article by Pravda is overblown and Dr Alf is right to be skeptical.

The UK’s Tri Forces stand at 83,000 men and woman and the Army is facing recruiting difficulties, the Navy is a cipher of its former self, with aircraft carriers without aircraft, no coastal protection vessel and no maritime coastal protection vessels patrolling our coasts. These are all in Calais attempting to interdict people smugglers and illegal migrants.

We are unable to protect our shipping as we only have 17 escort vessels for all of it and none to protect our coastal power stations, food imports and the undersea cable through which electricity from France comes via their nuclear power station (we only have 1.1% spare generating capacity over peak demand).

Worse than that the RAF has no thermobaric bombs, insufficient drones and is so small that the plan is to scrap it and integrate it into the Army Air Corps.

We are not in a position to defend ourselves let alone properly man bases overseas unless we plan to use mercenary forces and outsource the whole endeavour.

Turkey, is trying to rebuild the Ottoman Empire and will doubtless use transfer payments from countries like Germany and Britain and cash from the Saudis to fund bases for Turkey in parts of the Middle East.

John Gelmini

Opinion – Saudi Arabia agrees plans to move away from oil profits – BBC News – John Gelmini

Coat of Arms of Saudi Arabia

Coat of Arms of Saudi Arabia (Photo credit: Wikipedia)

As Dr Alf and the smart money probably know already, the new selected “gold” for the present is Lithium which will go into the next generation of electric car batteries and the replacements for “rare earths” which are essential for mobile phones.

Goldman Sachs and its clients are already into Lithium and probably the Chinese firms which are mining it in Afghanistan, like China Metallurgical Corporation, and the businesses in China turning the material into batteries which will then go into German engineered limousines and luxury Japanese and Korean cars, SUV’s and their American equivalents.

Saudi Arabia has global ambitions and is building a constituency for itself by sponsoring the building of mosques and madrassas in places as far afield as Sri Lanka.

A lot of its Sovereign wealth fund will be invested in London, some in Cambridge where there are many exciting new developments in software, biotechnology, security/military software, biotechnology and a fair bit in America both in Silicon Valley and Boston where MIT is based.

They may model their investment portfolio differently to Kuwait’s Investment Fund which from memory, invests in things like brewing and leisure(Autobar), hotels and property on a “buy to leave” basis but it is likely to be different from the approach taken by Norway or Singapore’s Temasek.

John Gelmini