The Economic War


Suddenly, and without any warning, there were more discussions about the decline in fighting at the fronts stretching from Yemen to Lebanon, passing through Iraq and Syria.

This tendency was conveyed by a Syrian truce, which is ongoing since a month and a half, but it was destroyed and renewed for many times. Without the availability of any natural cause for its continuation, that truce was brought to life again.


If the Pentagon has surprised everyone, and especially the friends of the Syrian State before its enemies, meaning the Pentagon’s friends, by announcing that “Al-Nusra” front is controlling Aleppo, which meant that this was the decision to begin the battle in Aleppo, then the biggest surprise came from Russia, and grudgingly from Iran and Syria, when they announced that this battle should be postponed, and the truce should continue. This was translated by the Russian Minister of Exterior Sergey Lavrov’s words, who said that the truce in Aleppo is related to “Al-Nusra” actions.


On the other hand, and since the first day that this path was initiated, a war of another kind started, it is an old-new war which progressed qualitatively in different directions. It is the economic and financial war.


The World Bank announced that Syria’s reserves, which amount to 30 billion dollars, have evaporated due to war in the last five years. The remaining reserves are only $700 million, and the country is now free of hard currency.


A US court ordered controlling billions of declared dollars in US banks, in exchange of events that Iran might be responsible for. That money is owed for American victims, including the Marines who were killed in Lebanon in 1983.


The issuance of implementing instructions for the US law targeting “Hezbollah” and the resistance in Lebanon, and making it a loose law, which might create wider confusions.


The local -Khaleeji- Israeli lobby moved to launch an alarming campaign, in parallel with steps that are much more than what is required. All this drew misperceptions, which appeared for the public for the first time between “Hezbollah” and the Central Bank.


It is a reckless economic- financial war, which could be contained, but this requires admitting its danger and addressing it at many levels, including the economy, finance, and using reports that drive the interest of those responsible for this coordinated attack, knowing that the size of the target area is very large, and it geographically extends from Iran to Beirut with conflicts that reached Moscow.


Operators, however, are a prevailing hub by themselves, along with friends and interests, and there cannot be any confrontation if it was a general attack. This includes spurning, and using assistance and friendships.


It is a financial and economic war, which completes the original war; a war where the attacker can achieve what he was not able to achieve in other forms of warfare, if he was given the time he needs, or if some thought that they could bargain and compromise in this war.


Each team has its strengths and weaknesses, but the Americans, who are the owners of the original project, are the strongest in this regard, and this is not based on their economic strength, but on the structure of the economic and financial system. The other parties they are confronting are the weakest for the same reasons, along with other reasons as well, due to their association and affiliation with the same system. Let each one deal with what he is good at, without neglecting other aspects.


It is a war that might remain for a very long time; a war whose victims are much more than those who fell in other wars. This war might accelerate settlements or adjust the balance of powers to allow the proceeding of settlements.

Author: Rayan M

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