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DOI:10.5593/SGEMSOCIAL2017/HB11/S12.127

THE TENSIONS IN THE MIDDLE EAST AND THE PETRODOLLAR

I. K. Ladasic
Tuesday 25 July 2017 by Libadmin2017

References: 4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM2017, www.sgemvienna.org, SGEM2017 Conference Proceedings, ISBN 978-619-7105-93-3 / ISSN 2367-5659, March 28-31, Book1, Vol.1, 1029-1040 pp, DOI:10.5593/SGEMSOCIAL2017/HB11/S12.127

ABSTRACT
This article is a summary of recent happening in the Middle East concerning Iran, Iraq, Syria, Somalia, Libya, Yemen and their connection, international relations, politics and economics. It gives a glimpse into the world of the tensions in the Middle East. The article is about international political dysfunction, financial interest and the debt that destroys the global economy and the financial system. This article tries to highlight why it came to the present status and gives a review of the past situations that led to the tensions in the Middle East and the challenges today. Terrorism is acceptable, as long as it is in the hands of western intelligence agencies and their contractors. Like the threat to use Executive order law and force against Middle East, protecting the global order that suits western interests is just a new attempt to maintain position in the Middle East. The stakes are too high for the petrodollar to do otherwise. Presence of petroleum throughout the region has sparked great power involvement.

Keywords: international relations, monetary system, Middle East


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