What An Economic Sanction Of Saudi Arabia Would Do Essay

PAGES
2
WORDS
679
Cite
Related Topics:

¶ … Stop ISIS The best way to stop ISIS is to cut off their funding. Countries like Saudi Arabia and Turkey are known to be doing business with ISIS's oil trade. Therefore, one economic solution to the problem of ISIS and their terror network throughout the world is to sanction countries that do business with the terrorist group. Even if these countries are our allies, the stopping of the bombings and mass killings that this group is responsible for is far more important than the geopolitical reasons that we have to be allies with these nations. Economic sanctions have, in fact, worked in the past. We have used them against Iran and Russia. It brought both to the negotiating table in recent years. We worked with Iran over a nuclear deal and essentially received everything we wanted in terms of assurance that nonproliferation would remain in place. Iran also received what it wanted, which was the lifting of sanctions and trade embargoes, and as a result it could get back to business, shipping oil, trading with countries like Russia, etc. True, the deal with Iran did not make everyone happy. Our other ally Israel was very unhappy with...

...

Russia is still viewed skeptically in the West, but the sanctions that the West has leveled against the country have devastated it in economic terms. Russia, for instance, cannot survive with oil prices so low and with trade to Europe cut off. Thus, it is in its best interest that it come to the negotiating table with the U.S. Economic sanctions work.
The problem with ISIS is that too many countries are willing to do business with the group and exploit their situation for their own gain. Saudi Arabia and Turkey, for instance, both seek to gain from ISIS being in the Middle East and the group's war on Syria. Saudi Arabia wants Assad overthrown so that it can make a pipeline deal with a newly installed dictator; the current one has said no to a Saudi-Turkey pipeline. Turkey also wants to work with ISIS because it can purchase cheap oil from the terrorist group and sell it to Israel and…

Sources Used in Documents:

Works Cited

Durden, Tyler. "Obama Responds To Saudi Threat To Dump Treasuries If Its Role In Sept 11 Is Probed." ZeroHedge, 18 April 2016. Web. 18 April 2016.


Cite this Document:

"What An Economic Sanction Of Saudi Arabia Would Do" (2016, April 18) Retrieved April 25, 2024, from
https://www.paperdue.com/essay/what-an-economic-sanction-of-saudi-arabia-2157307

"What An Economic Sanction Of Saudi Arabia Would Do" 18 April 2016. Web.25 April. 2024. <
https://www.paperdue.com/essay/what-an-economic-sanction-of-saudi-arabia-2157307>

"What An Economic Sanction Of Saudi Arabia Would Do", 18 April 2016, Accessed.25 April. 2024,
https://www.paperdue.com/essay/what-an-economic-sanction-of-saudi-arabia-2157307

Related Documents

Approximately 4.5 million have main telephone lines; almost 20 million have mobile cellular telephones; and more than 6.25 million have radio sets (Bureau of Democracy, Human Rights and Labor 2004). More than 5 million own television sets, 4.7 million people use the internet, and there are around 22 internet service providers. Saudi Arabia has 213 airports; 8 heliports; 1.392 km railways; 59 marine ships. The average consumption of electricity by

Lack of accountability, transparency and integrity, ineffectiveness, inefficiency and unresponsiveness to human development remain problematic (UNDP). Poverty remains endemic in most Gulf States with health care and opportunities for quality education poor or unavailable, degraded habitats including urban pollution and poor soil conditions from inappropriate farming practices. Social safety nets are also entirely inadequate and all form part of the nexus of poverty that is widely prevalent in Gulf countries.

FDI Ireland experienced a brief economic boom in the mid-1990s, which was a time of relative boom across the Western world. A number of factors contributed to this boom, including a low corporate tax environment, and Ireland positioning itself as a source of foreign direct investment from the U.S. In particular (EC, nd). With an educated, English-speaking workforce and increasing labour productivity, Ireland was successful in repositioning itself as a low-cost

Despite offering particular benefits to post-conflict nations, increased levels of help following civil war also comes with negative upshots that entails a rise in fraud and jeopardizing one of the basic objectives of peacekeeping. Corruption affects the peacebuilding process, institutions and people in a given nation. For instance in Herzegovina and Bosnia, corruption affected the operation of Bosnian judicial institutions (Kahler, 2013). Moreover, the strategy adapted to address fraud in

Starting at that point, Saudi Arabia became divided into the supporters of the U.S.-led coalition, which were the members of the royal family, and the anti-western views promoted by Osama bin Laden and other wealthy, but not royal Saudis. The opposition to the royal family viewed them as protecting their own interests and not being true Muslims. Religion was used by these extremist groups to justify the opposition towards

Most of the victims are innocent and most are poor. Worsening social and economic conditions draw more people into criminality, a vicious circle that reinforces poverty. Working Capital traps: Micro-entrepreneurs can only afford a tiny inventory, so their sales are so meager that they are unable to purchase a larger inventory the next day, and secondly they do not find any feasible borrowing scheme from government. (Stephen C. Smith. Poverty