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Conflict intensifies in Iraq

katsung47

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Conflict intensifies in Iraq

6/19/2014 2:35CNBC Videos


President Obama met with a bipartisan group of lawmakers to discuss possible U.S. military options in Iraq.

Conflict intensifies in Iraq | Watch the video - Yahoo Finance

838. Iraq crisis (6/14/2014)

All of a sudden,Iraq is in crisis. The second biggest city is fallen. Baghdad isthreatened.

Iraqisoldiers, police drop weapons, flee posts in portions of Mosul
CNN, Fri June 13,2014

"I only ...saw armed people, but not Iraqi military," said resident Firas al-Maslawiof his drive through Mosul on Tuesday. "There was no presence of anygovernment forces on the streets, the majority of their posts destroyed andmanned by (Islamist militants)."

The numerousreports of police and soldiers running from their posts in Mosul raised theprospect that the Iraqi government did not either have the will or resources towin this and other fights.

http://www.cnn.com/2014/06/10/world/meast/iraq-violence/


Iraqi securityforces, trained by Pentagon for years and well equipped with helicopters, tanksand armoured cars, vastly outnumber the jihadists, suddenly melted down in theface of ISIL rebels.

Consider Al Qaedajihadists are created and supported by the US to deal with its dislikes (suchlike Libya’s Gaddafi and Syria’s Assad) and the current Iraq government is apuppet set up by US in Iraq war, both sides are US’ assets. I think it’s adrama conducted by the US. You can see the leadership of Iraqi troops gave upthe city without any fight.

ISISbutchers leave 'roads lined with decapitated police and soldiers'
BySamGreenhilland Jill Reillyand Kieran Corcoran 12 June 2014


According tobitter Iraqi foot soldiers, their commanders slipped away in the night ratherthan mount a defence of the city.

One said: ‘Ourleaders betrayed us. The commanders left the military behind. When we woke up,all the leaders had left.’

http://www.dailymail.co.uk/news/article-2655977/ISIS-militants-march-Baghdad-trademark-bullet-head-gets-way-control-north.html#ixzz34ZB9A5qo

US inside groupused to create a case, with which to ask for more power and money. E.g. the 911attack has been created to get Patriot Act and two wars in Mid-East. What is itnow for this Iraq crisis?


839. Iraqi crisis created to save dollar(6/18/2014)
In early June,Russia switches the oil payment from dollars to Euros.

GazpromSigns Agreements to Switch from Dollars to Euros
Global Research,June 07, 2014

Gazprom Neft hadsigned additional agreements with consumers on a possible switch from dollarsto euros for payments under contracts, the oil company’s head Alexander Dyukovtold a press conference.

“Additionalagreements of Gazprom Neft on the possibility to switch contracts from dollarsto euros are signed. With Belarus, payments in rubles are agreed on,” he said.

Dyukov said nineof ten consumers had agreed to switch to euros.

http://www.globalresearch.ca/gazprom-signs-agreements-to-switch-from-dollars-to-euros/5386049

This is veryimportant news. If people starting to abandon the dollar, US will be hurtseriously in economy. Yet the news was little reported by the mainstream media.Several days later, the ISIL rebel in Iraq activates an offensive. The puppetIraqi government retreats without any resistance. As a result, the oil pricegoes up.


Oilprices spike as Iraq violence flares
By Mark Thompson @MarkThompsonCNN June 12, 2014

Oil prices spikedThursday to levels not seen in nine months as escalating violence in Iraqsparked worries about crude exports.

Light crude oilfutures touched $106 a barrel, up nearly 2% and the highest price sinceSeptember 2013.

http://money.cnn.com/2014/06/12/news/oil-prices-iraq/

Since the moneyused in most oil trading is dollar, the higher oil price will force the buyerto keep more dollar in bank as purchasing power. It’s a big amount if futureoption is included. Manipulating oil price becomes a strategy to save thedollar. Iraq is a big country of oil production and exportation. Its politicalstability has huge influence to oil price. US has turned it into a switch toadjust the oil price.
 
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