Geopolitical issues in middle east
FOUNDATION IN ARTS
MACROECONOMICS
PECO002
Anushya Danielle Kumar
11019320
Miss Muruges
3rd February 2012
Contents Page
Geopolitical problems in Middle East and Northern Africa 3
Unresolved Euro Debt Crisis 6
Unknown Impact of the Japan’s Tsunami and Earthquake 8
Reference 10
Geopolitical problems in Middle East and Northern Africa
There are many ways in which geopolitical problems the Middle East and Northern Africa would affect Malaysia.
An example of a geopolitical problem in the Middle East would be the 2003 Iraq Crisis. This crisis occurred because the United States and the United Kingdom both invaded Iraq under false pretences. They did not having the backing of the International community and even had large domestic opposition to war in both these countries. However, the United States and the United Kingdom thought that Iraq had weapons of mass destruction and that they posed as a great threat to the world. This invasion resulted in the overthrowing of Saddam Hussein and also fights breaking out between major religious and ethnic factions in Iraq.
An example of a geopolitical problem in Northern Africa would be the recent problems that happened in Libya. There were spontaneous and ground up pro-democracy protests that spread throughout a region long controlled by authorisation regimes from left and right of the political range. What started off as peaceful protests against the long running oppressive Gaddafi regime in February 2010, resulted in a violent crackdown in Libya.
Libya and Iraq are both large net exporters of oil. Libya produces 1.7 million barrels and exports 1.2 million barrels of oil daily, while Iraq produces 2.3 million barrels and exports 1.9 million barrels of oil daily. Malaysia also being a net exporter of oil, will be directly affected by geopolitical problems that occur in Middle Eastern and North African countries.
First of all,
MACROECONOMICS
PECO002
Anushya Danielle Kumar
11019320
Miss Muruges
3rd February 2012
Contents Page
Geopolitical problems in Middle East and Northern Africa 3
Unresolved Euro Debt Crisis 6
Unknown Impact of the Japan’s Tsunami and Earthquake 8
Reference 10
Geopolitical problems in Middle East and Northern Africa
There are many ways in which geopolitical problems the Middle East and Northern Africa would affect Malaysia.
An example of a geopolitical problem in the Middle East would be the 2003 Iraq Crisis. This crisis occurred because the United States and the United Kingdom both invaded Iraq under false pretences. They did not having the backing of the International community and even had large domestic opposition to war in both these countries. However, the United States and the United Kingdom thought that Iraq had weapons of mass destruction and that they posed as a great threat to the world. This invasion resulted in the overthrowing of Saddam Hussein and also fights breaking out between major religious and ethnic factions in Iraq.
An example of a geopolitical problem in Northern Africa would be the recent problems that happened in Libya. There were spontaneous and ground up pro-democracy protests that spread throughout a region long controlled by authorisation regimes from left and right of the political range. What started off as peaceful protests against the long running oppressive Gaddafi regime in February 2010, resulted in a violent crackdown in Libya.
Libya and Iraq are both large net exporters of oil. Libya produces 1.7 million barrels and exports 1.2 million barrels of oil daily, while Iraq produces 2.3 million barrels and exports 1.9 million barrels of oil daily. Malaysia also being a net exporter of oil, will be directly affected by geopolitical problems that occur in Middle Eastern and North African countries.
First of all,