Australian (ASX) Stock Market Forum

Israel - Palestine

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Smurf1976 said:
Hadn't realised Oman and Saudi were on side with Palestine too.

Add them in and that's a major chunk of oil supply coming from countries the West is off side with.

That's not to say oil's the only concern obviously but it's a very real practical implication if this escalates to any sort of trade embargo. Bearing in mind that doesn't need anything to be blown up, it just needs oil produces to be angry at the West for its position on the issue. That's what happened last time - a 5 month physical oil embargo and a 12 year price shock triggered by a war that lasted 19 days.
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Yes, some potential economic implications from this. It will be an interesting next two days on the bourse.
 
Sean K said:
Yes, some potential economic implications from this. It will be an interesting next two days on the bourse.
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I can't really see much more than a small drop occurring over the week.

Will be interesting Monday.
 
I'm going to invoke the Rumsfeldian prognostication:

Known knowns
Known unknowns
Unknown unknowns.

At this point, I wouldn't put money on any outcome. But we are in the fourth turning, I tend toward the more pessimistic.
 
Sean K said:
Declaring war on Hamas has some second or third order effects such as identifying the weapons used against Israel and having some sort of mandate to prevent any further deliveries. Although, I think they were already trying to do that. What Iran, Syria and Russia do here is going to be interesting. Talk of this being a 9/11 moment for Israel puts it in a bit of perspective. I can't see how Palestine can justify this due to the 'blockade'. Abducting women and children and sending 3000+ rockets indiscriminately into civilian cities and townships is a crime against humanity. No matter whether you're on the Palestinian or Israeli side or not this looks like it's going to get very loose.
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There are faults and rights on both sides.

The encroachment of Israeli settleements in to Palestinian lands reached it's nadir this weekend when an Israeli music festival attended by young ravers was held 2 km from the Gaza border. Within earshot. That is why it is called earshot. Music penetrates in to poverty and disadvantage in disparate ways.

Palestinian fighters fanning out from their border would not have felt much sympathy for the festival-goers. I'm not saying it is right.

It is what it is. The UN and "crimes against humanity" being tertiary concerns will have little impact on the ground to second order commanders on both sides.

The dogs of war are unleashed. Was it foreseeable.

Of course it was.

gg
 
DB008 said:
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Just remember it is Iran who is Palestines main supporter and supplier of rockets and equipment. Iran also is the supplier of drones to Russia as one of their strongest allies.
It is not surprising that Russia would be passing on captured weapons to their ally Iran.
 
Quite a statement. This was sitting in the Med anyway, so pretty convenient.

Screenshot 2023-10-09 at 9.30.28 am.png


BY TARA COPP
Updated 6:09 AM GMT+10, October 9, 2023

WASHINGTON (AP) — Defense Secretary Lloyd Austin said Sunday he has ordered the Ford carrier strike group to sail to the Eastern Mediterranean to be ready to assist Israel after the attack by Hamas that has left more than 1,000 dead on both sides. Americans were reported to be among those killed and missing.

The USS Gerald R. Ford, the Navy’s newest and most advanced aircraft carrier, and its approximately 5,000 sailors and deck of warplanes will be accompanied by cruisers and destroyers in a show of force that is meant to be ready to respond to anything, from possibly interdicting additional weapons from reaching Hamas and conducting surveillance.

The large deployment, which also includes a host of ships and warplanes, underscores the concern that the United States has in trying to deter the conflict from growing. But the Israeli government formally declared war Sunday and gave the green light for “significant military steps” to retaliate against Hamas.
 
DB008 said:
Can't be verified, but this is certainly very interesting.....


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Taliban has about $80billion in US weapons. They also have offered to fight if neighbouring Muslim nations allow them passage (Allegedly).

Biden recently had unfrozen about $6billion to Iran though I'm unaware of the details.

I think Germany was sending $240 million to Palestine (bet these idiots are loving the optics). That was used on "humanitarian aid" which is just indirectly financing terrorism.
"How so?" you ask. Well hamas doesn't have to spend money on looking after it's people because all these idiots are sending money. They then funnel as much as they can into weapons.

All these idiot lefties have now let a huge amount of terrorist cells into their countries.
So is it by design so they can push for war against Iran, or just stupidity.
 
wayneL said:
I'm going to invoke the Rumsfeldian prognostication:

Known knowns
Known unknowns
Unknown unknowns.

At this point, I wouldn't put money on any outcome. But we are in the fourth turning, I tend toward the more pessimistic.
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Gee, the market disagrees. ASX went up!
I thought there would at least be some reaction.
 
moXJO said:
Or it was allowed to happen.
Iran is becoming a problem and the US war machine loves the middle East.
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Don't think they are that smart plus no one would accept the casualties, Netanyahu's move on the court system was the perfect distraction pretty much an own goal.
 

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