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The Red (Team) Analysis Weekly 199 – Of Saudi Arabia, Turkey and Petrodollars

Each week our scan collects weak – and less weak – signals… Read the 16 April scan →  World – Two major developments should more particularly be underlined this week, the first related to world order and further threat to the U.S. Dollar supremacy and the second to the potential forthcoming anti-Bashar al-Assad Saudi-Turkish attacks in Syria. First, there is the impact of the lower oil prices on petrodollars, with potential second order effects on the supremacy of the U.S. dollars as international currency, and then again potential consequences on American power and world order. As underlined in Bloomberg’s article (see “Oil-Rich Nations Are Selling Off Their Petrodollar Assets at Record Pace” in the Weekly), currently analysts are divided in two schools of […]

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At War against the Islamic State – From Syria to the Region

Between 29 September and 21 October 2015, the U.S. led coalition conducted 95 airstrikes on Syrian territory against the Islamic State (U.S. Central Command, Operation Inherent Resolve, briefing 22 Oct 2015). On 27 October, U.S. Defense Secretary Ashton Carter announced that the U.S. would step up its campaign against the Islamic State with the “‘three R’s’ – Raqqa, Ramadi, and Raids”, involving notably ramping up U.S. and coalition air strikes as well as “direct action on the ground” – the “Raids”  (“Secretary of Defense Ash Carter opening statement on counter-ISIL Senate Armed Services Committee”, October 27, 2015), anticipating the announcement of  the deployment of a very small special force on the ground in Northern Syria (Reuters, 31 Oct 2015).  As a […]

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