BBC News
Posted: 19:05:39 Friday, 10 August, 2018

A quote by Friedrich Hayek, one that can only sum up the resounding impact that the policies of Margaret Thatcher has had on this nation. Whether you love her for her uncompromising stance on Trade Unions or loathe her for the path of privatization that she's set us upon, it cannot be said that she hasn't changed the nature of the British Nation in the following ways:The more the state "plans" the more difficult planning becomes for the individual.
Yasser Arafat, leader and symbol for the terrorist PLO has been killed in what seems to be an Israeli Airstrike launching a retaliatory attack against a known PLO stronghold in Tunis. Eyewitness accounts have claimed that the attack took place shortly after sunrise, and that Arafat had recently returned to his quarters after going for a jog around the compound when the Israeli Air Force leveled the terrorist compound with their state of the art munitions in the span of minutes.The sun settles into the early morning sky. A hot summer's day on the North African coastline begins, the Mediterranean glistening in the morning rays. In the distance, the city of Tunis stirs and begins its day. The strike comes without warning. Out of that empty sky, the roaring of fighter jets streaking low over the ground eviscerates all illusions of calm. The munitions do their quick and bloody work, but all sights are lost in the thudding, roaring, screaming, shattering sound. It lasts an age. It lasts but a moment. The Israeli Air Force has emerged once more, stretching out its white and blue hand in retaliation for Palestinian terror attacks over the past 12 months. More than a hundred are injured, with nearly as many dead. And amongst them, crushed amongst the rubble - the man who once was Yasser Arafat.
The West Bank and Gaza has erupted into open warfare as local Arabs riot against the IDF presence in the area, accused of "Violence, Deportations and Detention without Trial" by PLO and other provocateurs. The IDF have responded in kind with tear gas and live fire against the Fedayeen and Armed Palestinians hiding within the rioting masses, seemingly there to incite Arabs to violence against Israeli Authorities. The Armed Militias have begun the erection of barricades and the seizure, and destruction of Israeli settlements in the region, leaving many Jewish Refugees to fend for themselves in an increasingly hostile and Anti-semetic environment.
Violence erupts throughout the Gaza Strip and the West Bank as tens of thousands of Palestinians - men, women and children - protest against Israeli occupation, violence, deportation, imprisonment, detention without trial, and racism - not to mention the death of Yasser Arafat. The death toll climbs rapidly as IDF troops fire into crowds and deploy tear gas against angry mobs in Gaza. Violence begins to spiral out of control as Israeli forces attempt to arrest or otherwise target Fatah leaders in the aftermath of Arafat's death, clashing with armed Palestinians, fedayeen, and the general populous.
*The unrest spreads rapidly, with strikes across Gaza, the West Bank, and Jerusalem as workers refuse to travel to their jobs in Israel, shops remain closed, and civilians lead the way along with Palestinian militia forces in erecting barricades and seizing control of neighbourhoods. Many Israeli settlers in the West Bank flee their villages, and abandoned settlements are torn down. By the end of the year, more than 500 Palestinians are dead, and Gaza and the West Bank described as being in open revolt.
The Egyptian Government has issued a scathing condemnation of the Israeli response to the unrest, implying that Israel views the Camp David Accords as "nothing more than a piece of paper." The Rhetoric has been 1-sided, as Egyptian Media has completely ignored the various instances of violence against the Jews of Israel in recent days.*International outrage pours in at the Israeli response so far - as well as at Israel's killing of Yasser Arafat, viewed as a hope for a peaceful solution to the fighting. Egypt leads the Arab world in condemning Israeli actions, in the process calling the Camp David Accords "nothing more than a piece of paper".
Yet another organization dedicated to "resistance" against Israel has formed, known as "Harakat Al-Muqāwama Al-Islāmiyaa" or "Hamas." This group is Islamist in nature, seeking the complete annihilation of Israel and its replacement with an exclusively Islamic State in Palestine. This is no surprise, as they are an offshoot of the Muslim Brotherhood. They have been active in violence against the IDF as of recently.*A Palestinian offshoot of the Muslim Brotherhood issues a new charter, declaring its participation in the revolt against Israel and its desire to liberate Palestine. They name themselves the Islamic Resistance Movement (Harakat al-Muqāwama al-Islāmiyya) - or Hamas, for short.
The recent "Declaration of Independence" of the Palestinian Territories by multiple Nationalist elements has drawn solidarity from the Muslim nations of OPEC, which has approved a slowdown in oil production in protest against IDF retaliatory measures following attacks from the Fedayeen and other groups.*Sponsored by the Muslim nations of OPEC, a two-phase production slowdown is agreed as a protest measure against Israeli reprisals against the Palestinian community in the aftermath of the death of Yasser Arafat. Oil prices spike globally in response, but stop short of becoming unsustainable.
Iran, champion of the OPEC protest; proposed a voluntary reduction of production quotas by 5% for the next 6 months. As a result, Global Oil Prices have spiked but are yet to be unsustainable, the Iranians have also proposed that if the situation in Israel does not change, then the reduction will reach 15% until desired changes have been made. The United Kingdom is expected to remain resolute in support of Israel in the coming months.Effective at the beginning of Q2 1987, we propose a voluntary reduction in production quotas by 5% for the next sixth months. Should those nations who commit to such a reduction find that by Q3 1987, the situation of the international community has not changed in regards to the Palestinian crisis, they will then commit to a 15% reduction, as proposed over a decade ago. Such an alliance of member nations will be authorized to meet again and discuss further action by the end of the four fiscal quarters, should we once again find it unsatisfactory.
The United States has for the most part, avoided the effects of the slowdown through the controversial sale of part of the Strategic Oil Reserve in the goal of maintaining price stability. This decision, while popular with consumers has drawn the ire of Generals and Politicians alike who view it as a compromise and a liability in this age of ever-growing global interdependence. Perhaps a sign of the ever-decreasing influence of OPEC over International Politics? Definitely a sign of turmoil to come.*The impact of OPEC slowdowns in the US is heavily mitigated when President Reagan announces the sell-off of part of the US Strategic Oil Reserves to maintain price stability. Although popular with consumers, the move causes considerable concern amongst political and military leaders.