Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Thursday, 2 April 2020

Corona Covid-19 pandemic: death knell for the post-war world order?


Once upon a time the world – or at least the Free World - was led by Reagan, Thatcher and Mitterand. Leaders with presence, standing and most important of all, respect. They were even respected by opponents.
British Prime Minister Thatcher, US President Reagan, French President Mitterrand and
West German Chancellor Schmidt at an international summit meeting (L to R)
During those times the US and its likeminded 'friends,' e.g. Britain and France, ran the world using a combination of bribery and force. They lorded over other lesser nations through a series of interlocking multilateral security arrangements and an economic institutional framework comprising of entities like the International Monetary Fund (IMF) and the World Bank.  
In a nutshell, that was the post World War Two world order.
But those were different times. The developed world had money and delivered on promises. Other countries believed them.
The US, as the undisputed leader of the 'Free World,' provided a security blanket for its satellite states. In return for ceding a part of their national sovereignty to the US, the US provided clear leadership, especially in times of crisis.  
That was the 1980s. Much has changed in the ensuing four decades.
The Berlin Wall - the symbolic Iron Curtain dividing the world's two Superpowers (the US and the Soviet Union) - came down in 1991. That same year the Union of Soviet Socialist Republics (USSR) morphed – nay collapsed – and became the Commonwealth of Independent States (CIS). (The CIS structure was a graceful way for the USSR to exit the Russian Empire's historic obligations and focus on saving Russia itself.)
Socialism all but died with the Soviet Union. Today all countries engage in private enterprise and global trade. Meanwhile Socialism has been discredited though significant parts of socialist philosophy have made their way into mainstream thought, e.g. public healthcare and social safety nets.
China's Belt and Road Initiative reflects China's aspirations as a global trading power
As for the global economy, the US is no longer the undisputed master. To be sure, the US Dollar remains king but its throne is a little shaky.
In the past it was said, "If the US sneezes then the world catches a cold." Today, if the US sneezes, the rest of the world simply says, "Bless You" and moves on. The risk of catching a cold is remote – at least not an intense life threatening cold resulting in mass unemployment.
In 2020 the communist party managed People's Republic of China (PRC) has the world's largest economy. Based on data released by the IMF, World Bank and the CIA, China's economy is significantly larger than its closest rival. Indeed, China's gross domestic product (GDP) surpasses the GDP of the combined European Union (EU) nations.
The deterioration in the US position has not been only in the economic domain.
Extraordinary leaders create and husband prestige. Prestige is an invisible halo which adds to the 'je ne sais quoi' aura of rulers. It is built up over decades but can be lost quickly. 

American prestige reached its peak during the first Iraq war with Operation Desert Storm in 1991 and Powell's 'Shock and Awe' tactics of overwhelming force. Since 1991 a series of events have diminished US global standing.
Militarily, the downtrend started with the 1993 failed US intervention in Somalia, Operation Restore Hope and the casualties suffered in the Battle of Mogadishu. Then came the 9/11 attack, which taking place on US domestic soil was a watershed moment. The subsequent War on Terror, especially the Iraq war and the present scramble to exit Afghanistan, did little to help stem the dissipation of US prestige.
Simultaneously a succession of other minor events, though not as individually significant as the 9/11 attack, cumulatively resulted in tarnishing America's sheen. These include the US federal government shutdown in 2018 – 2019 (35 days) and 1995 – 1996 (26 days) and the 2008 Global Financial Crisis.
Despite the signs of decay, many still placed the mantle of leadership squarely on the US and its small coterie of European friends. However, with recent events surrounding the Covid-19 pandemic it has become increasingly clear the US and its 'friends' no longer rule the roost.
In its management of the Covid-19 pandemic, the world has seen the US's dysfunctional soul. While state governors are at loggerheads with the federal government over steps to contain the crisis the US Covid-19 death toll and infection numbers rise uncontrollably. As of April 2, 2020 US deaths attributed to Covid-19 have surpassed China, the original epicentre of the virus.
Through an unending sea of social media content, the world has witnessed the complete disarray in the US (and most of Western Europe) caused by the pandemic. Most revealing are not the lack of resources available to these governments' in tackling the virus but more so the lack of national leadership and policy implementation through state bureaucracies.
The world is used to headlines decrying poor governance, weak infrastructure; limited resources, etc. Such news headlines are common across large swathes of the world. However, they are more normally reserved for parts of Africa or developing Asia than for the US or Europe.
The Covid-19 pandemic has hastened post war global structural changes. The US and Europe, though still powerful, are less relevant international players. 

Following a steady erosion of economic and military power the irreparable loss of reputational prestige due to the management of the Covid-19 pandemic, neither the US nor Europe are able to provide global leadership. For example, there will be no Group of Seven summit resulting in a Baker Plan or issuance of Brady Bonds to save the world's economy from the ravages of the Covid-19 catastrophe. It's every nation for herself.
Until further notice, the world suffers a leadership vacuum.
China may vie to fill the position but it's not ready yet - perhaps in a few decades. More likely, second tier regional powers like India, Russia and Turkey will temporarily fill the void in their respective neighborhoods until a more stable arrangement is reached. 
No matter what the coming new world order looks like, one fact is clear: Trump, Boris and Macron cannot fill the shoes of Reagan, Thatcher or Mitterrand.
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Imran is a Singapore based Tour Guide with a special interest in arts and history. Imran has lived and worked in several countries during his past career as an international banker. He enjoys traveling, especially by train, as a way to feed his curiosity about the world and nurture his interest in photography. He is available on Instagram (@imranahmedsg); twitter (@grandmoofti) and can be contacted at imran.ahmed.sg@gmail.com.

Thursday, 13 December 2018

Occupied: Norwegian television series a review



Occupied is a Norwegian television series which tells the story of a series of political events leading to the Russian military occupation of Norway.


A Russian military occupation of Norway may sound unrealistic but the series plays out in such a manner that it's almost believable. After a few episodes it doesn't really matter as the plot fully draws in the viewer. The intricate plot blends love, political intrigue, action and European politics in a believable fashion.

The military intervention was all about Norway's enormous oil and gas reserves.

Yes, the geopolitics of oil and gas are intense. After all, wasn't the US intervention in Iraq all about oil? So why should one be so surprised something similar could happen in the heart of Europe with Russia as the antagonist?

Occupied is watchable despite the acting. At times, the acting leaves a lot to be desired. It is wooden with characters seeming to simply 'go through the motions.' The depth in characters is therefore missing.

Nonetheless, Occupied is a must watch for anyone interested in political thrillers. It builds a credible story based on plausible situations. The gaps in the plot are forgivable given the entertainment value of the series.

Note: At the the time of writing, two season of Occupied are available on Netflix in many jurisdiction.
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Imran is an adventurer, blogger, consultant, guide, photographer, speaker, traveler and a banker in his previous life. He is available on twitter (@grandmoofti); Instagram (@imranahmedsg) and can be contacted at imran.ahmed.sg@gmail.com.

Friday, 8 April 2016

Trump is good for Islam - no joke!


No, the title is not an error. Yes, the man who wishes to ban all non-resident Muslims from entering the United States is good for the Islamic world![i]

Why is it good for America's Republican party's presidential frontrunner to treat Muslims like a sub-human species? The answer is quite simple: disruption. Trump will give significantly disrupt the status quo, hopefully ushering in a new, better era.   

Trump - you the man! (Photo: Wikipedia)
Disruption is a concept more familiar to entrepreneurs and start-up entities: disruption. Disruption may be defined as a "disturbance or problems which interrupt an event, activity, or process." Industries ripe for disruptions are generally bloated, stagnant and slowly heading into oblivion.

Alright, no one argues Islam is heading towards extinction. Nonetheless, there is little doubt Islam requires a radical rethink about its place in the world and the religion's relevance to a globalized 'Digital Age' population.

Islam's traditional prism for viewing the world no longer works. By most measures, the Islamic world is isolated and backwards. The post-colonial Islamic world has desperately clung onto linkages, economic and military, with former colonial masters to maintain power and preserve the status quo. Hence, peacefully (yes, peacefully!) disrupting the present state of affairs will be no bad thing; peaceful disruption, not regime change engendered by American bombs and NATO soldiers.

The 2003 US led invasion of Iraq transformed one of the Islamic world's most secular and well integrated multi-religious societies into a war zone and crucible for Islamic extremists.
(Map: Wikipedia)
Theoretically, peaceful disruption provides more time for nations to adapt and modify – not creating vacuums for extremists like Daesh to conveniently step into. 

A Trump presidency will prompt some soul searching among political elites in most Islamic countries. Some might even be forced to dispense with the crutches of Western economic and military dependencies provided by Western nations.

In poorer Muslim nations such as Egypt and Pakistan, politicians will realize leadership comprises of more than receiving and dispensing financial aid from bilateral and multilateral agencies. For wealthier oil rich nations the choices will be more difficult. Oil riches and the lifestyle it engenders are predicated upon a dependency on Western nations. In fact, in several oil exporting Gulf states it is the US Federal Reserve Bank which dictates local monetary policy!

So the question vexing the Kings of oil rich Arab nations will be, "Shall we continue to sell oil to countries like the US in the face of ongoing humiliation and being treated as second class citizens of the world? We may have oodles of money and even property in the right zip codes but we pray in the wrong direction and to the crescent and not the cross."

It's not an easy question to answer when trillions of Dollars are at stake.

This is not the first wake-up call heeded by Islamic intellectuals. In the early post-colonial period, a group of left leaning secularists Muslim modernizers arose. People like Syria's Assad senior, Egypt's Nasser and Iraq's Saddam were ready to shun religion for socialist ideology. In the new millennium that era has been relegated to the annals of history.

The current environment appears ripe for a new wave of Muslim modernizers; for Islam's reinvigorated intelligentsia to address the problems faced by Muslims in the Internet Era. The new paradigm must emerge following meaningful debates about governance, transparency and civil rights.

Muslim faithful pray at the main mosque in snowbound Pristina, Kosovo. (Photo: Wikipedia)
1960s Westernizing secularists demonstrated that blindly aping Western liberal democratic societies is not an ideal solution for Muslim societies. Seamlessly synthesizing modernity and Islam will only work if the new structure respects the unique cultural traditions of different Muslim cultures and geographies.

A Trump presidency will call into question many of the assumptions about civil relations between many predominantly Muslim countries and the US dominated Western world. This reset may act as a catalyst for Islamic political and social elites to redraw their own social contract within their own nations.  

Many analysts argue the present status quo is sustainable due to inequitable wealth distribution and poor state delivered social services. The violence perpetrated by extremists, e.g. Daesh, Taliban and Al-Qaeeda, outside the established political structure suggests most Muslim countries are crying out for some form of change.  

A divided era reminiscent of the historic Crusades? (Illustration: Wikipedia) 
So, Mr Trump, your insensitive and racist rhetoric may actually be helping those against which you spew your hatred. The possible earthquake to the established 'business as usual' modus-operandi may force the Islamic world to stand on its own feet. For that, Mr Trump, the entire Muslim world thanks you and your multitudes of supporters disgorging your regular obscenities.

Now if I were an American Muslim living and working in America I may have a very different opinion of Trump's popularity!


[i] How such a blanket ban will work in practice is difficult to imagine. For example, will all Muslim crew members of a Singapore Airlines flight landing in the US be made to stay on the aircraft overnight? How will Muslim foreign diplomats and functionaries dealing with Washington go about their business? Ultimately, there may be so many exemptions that the ban becomes a mockery ... that is, of course, if any Muslims wish to visit the country voluntarily simply to be humiliated and possibly put themselves in harm's way. But that's a topic for another day.
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Imran is a Singapore based Tour Guide with a special interest in arts and history. Imran has lived and worked in several countries in his career as an international banker. He enjoys traveling, especially by train, to feed his curiosity about the world and nurture his interest in photography. Imran can be contacted at imran.ahmed.sg@gmail.com. Follow Imran on twitter at @grandmoofti and Instragram at imranahmedsg. 

Monday, 6 January 2014

Nutmeg and mace: the art of history in Singapore


Not only is the history of Singapore adorned with images of nutmeg but so is modern Singapore.

Historically, nutmeg trees were the source of two important elements of the region's spice trade. More recently, Singaporean artists, perhaps in search of a national identity, have found a willing subject in nutmeg. Nutmeg sculptures can be found along Singapore's famous shopping belt, Orchard Road, most notably outside Ion Orchard shopping mall.

An inside view of a nutmeg fruit with mace visible
After all, the unassuming nutmeg fruit altered Singapore's history! It was one of the spices which led European colonialists to sail East, ultimately leading to Raffles landing in Singapore in 1819. Nutmeg fell into the second category of a colonizer's 'Three G' schedule of motivations, i.e. gold. (Nope, 'Three G' is not the latest wireless network for smart phones but actually represents the reason most colonial adventurers risked their lives sailing towards far off lands, in search of God, Gold and Glory!)

Nutmeg was a particularly important plant because of the multiple uses derived from the fruit, nut and seeds. In medieval Europe, the spice was used as a preserving and flavoring agent for food. In the sixteenth century, some even believed the spice could ward off the Black Death (bubonic plague). Medicinally, nutmeg oil is used for treating joint pain as it has a sedative effect. Additionally, the oil is used to treat stomach disorders.

Today nutmeg oil is frequently used as an ingredient in toothpastes (as an antiseptic which also helps remove bad breath), perfumes and the food industry (including possibly as an ingredient in the top-secret Coca Cola formula!).

However, for contemporary Singaporeans, the nutmeg is more of an artistic curiosity than a historical subject. The nutmeg features prominently in the work of local sculptor Kumari Nahappan. Her two ton installation 'Nutmeg and Mace' on Orchard Road serves as a reminder of the area's history replete with nutmeg plantations. Further along, at Orchard Central one finds the 'Nutmeg Grove' sculpture by Italian born Michele Righetti.


The golden age of spices may have ended centuries ago but Singaporeans cannot escape the humble nutmeg, especially around Orchard Road. Nutmeg art provides a window into an important part of the city's history.
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Imran is a licensed Singapore Tour Guide. Please contact Imran if you wish to arrange personalized tours of Singapore, including walking tours such as the Orchard Arts Trail or Singapore's Civic District Heritage Trail, at imran@deodaradvisors.com or +65 9786 7210.