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It is surprising that there is no thread on Libra even though it is having such a negative effect on the market.
[video]http://www.businessinsider.com/glenn-beck-libya-obama-speech-video-2011-2#ooid=UxM3gxMjofZpeUvrcJ6vCNqotEwTDVXk[/video]
What does America stand for? The world is waiting for Obama to adopt a statesman-like attitude to the great unrest going on around the world. /QUOTE]
Now if america gets involved then they get bashed for involving themselves in other countries business.
America, dambed if they do and damned if they don't.
either have them as a world police (not advisable) or nothing at all...
What does America stand for? The world is waiting for Obama to adopt a statesman-like attitude to the great unrest going on around the world. /QUOTE]
Now if america gets involved then they get bashed for involving themselves in other countries business.
America, dambed if they do and damned if they don't.
That's the question I was asking. It is not so confusing. Do we now have to accept that America has become impotent in world affairs, and that the words of Obama and Hillary Clinton are just empty rhetoric?
I am afraid so..
In what way is it a negative effect? No doubt It is having an effect on the markets, But whether it is positive or negative is subjective. So in your words, what is the negative effects? and how do they impact values of businesses 2 , 5 and 10years out from now?
What does America stand for? The world is waiting for Obama to adopt a statesman-like attitude to the great unrest going on around the world. America seems hopeless to influence in any way the upheavals in North Africa and the Middle East. Obama is not sure whether he is on the side of the dictators or the insurgents. Does America have any plans to deal with the fallout.
We know how powerless the Americans have been to influence North Korea, Iran or even the Somali pirates.
Egypt attracted little interest on the forum It is surprising that there is no thread on Libya even though it is having such a negative effect on the market.
[video]http://www.businessinsider.com/glenn-beck-libya-obama-speech-video-2011-2#ooid=UxM3gxMjofZpeUvrcJ6vCNqotEwTDVXk[/video]
but I consider that when the market turns sharply down, as it has in America, Europe and Asia, that is a negative effect. There is nothing subjective about that. It is a fact.
The quoted value of the various sharemarkets has gone down, yes that is a fact, But whether that is a negative or a positive is subjective. There is two sides to everything.
For example the oil gone up, thats a negative for buyers of oil, but a positive for producers.
Share markets have fallen (ever so slightly) thats a negative for anybody wanting to sell, but a positive for people wanting to buy.
My original statement was that the Libyan uprising affected the market negatively, i.e there was a world wide market reversal and markets finished in the negative. There are no two sides to that fact.
As for effects down the track, time will tell. Every time that the price of oil has spiked to the level it is now, it has been followed by a recession. No doubt you will find positives in that.
As for effects down the track, time will tell. Every time that the price of oil has spiked to the level it is now, it has been followed by a recession. No doubt you will find positives in that.
International efforts to respond to the Libyan crisis are gathering pace under US leadership after a still defiant Muammar Gaddafi launched counterattacks to defend Tripoli against the popular uprising now consolidating its hold on the liberated east of the country.
The White House said Barack Obama planned to call David Cameron and France's president, Nicolas Sarkozy, to discuss possible actions, including a no-fly zone or sanctions to force the Libyan leader to end the violence. Switzerland said it had frozen Gaddafi's assets.
http://www.bbc.co.uk/news/world-africa-12589434The UN Security Council has voted unanimously to impose sanctions on Muammar Gaddafi's Libyan regime for its attempts to put down an uprising.
They backed an arms embargo and asset freeze while referring Col Gaddafi to the International Criminal Court for alleged crimes against humanity.
US President Barack Obama has said the Libyan leader should step down and leave the country immediately.
AMERICA'S top spy has warned that Muammar Gaddafi's forces would "prevail," even as the Obama Government reached out to the Libyan opposition with direct talks and humanitarian aid.
Secretary of State Hillary Clinton said she would travel to the Middle East next week and meet senior anti-Gaddafi figures and Washington said it would soon send humanitarian aid teams to rebel-held areas of eastern Libya.
A day of developments and controversy on Libya on the US side of the Atlantic came as Gaddafi unleashed new attacks on rebels and as NATO said it would deploy more warships and intensify planning for a possible no-fly zone.
As the Gaddafi regime warned insurgents it was poised for victory, James Clapper, Director of National Intelligence (DNI) caused a stir on Capitol Hill and in the White House with his assessment of Gaddafi's military strength.
"Over time I think the regime will prevail," said Mr Clapper at a Senate hearing.
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