Wednesday, November 19, 2008
Why Where Matters
News doesn't just happen out there somewhere. It happens somewhere on this globe of ours. In our increasingly interconnected world, where it happens makes a difference to how it will affect us right here in Abu Dhabi. When I called your attention in class early this semester to the pirates off the Somalian coast, the story seemed far distant. With the seizure of the Saudi oil tanker this week -- the world's biggest ship hijacking, according to the Gulf News-- the story just got closer. And any Louis Vuitton fans among my dear readers may find the price of their next handbag going up if cargo ships start avoiding the Suez Canal and going by way of the Cape of Good Hope. Read today's front page story headlined "Pirates spark global alarm" in both online and print editions. Check out the print edition to see the excellent use of a locator map and ship diagram on p. 14. The story is now important regionally as well as internationally.
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2 comments:
That is news! how is it happening that no one i trying to control the pirates?
"Three of the Middle East's top oil exporting nations, Saudi Arabia, Iran and Kuwait, have no immediate plans to alter their crude oil shipping operations despite an increased threat from pirates off East Africa."
how come? where do the UAE stands? are they changing plans?
Sooner or later, i think that this issue will become (though it's already IS) serious, and some BIG talks will be about it, but will they find a good solution? rather than going all the way around (changing direction), which will cause inflation (high costs) more than what we're facing right now..
About the ranking, according to a number of websites, UAE comes before Kuwait, why it isn't mentioned as one of the top oil exporters?
Here's a recent ranking, done in 2007:
http://tonto.eia.doe.gov/country/index.cfm
I think that we should start setting a Plan B incase something happened to our ships, or else. . . . =S
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