	Generational Dynamics
	Forecasting America's Destiny ... and the World's

\| HOME \| WEB LOG \| COUNTRY WIKI \| COMMENT \| FORUM \| DOWNLOADS \| ABOUT \|

Generational Dynamics Web Log for 13-Oct-2014
13-Oct-14 World View -- Al-Qaeda and ISIS struggle for global jihadi terrorist leadership

Web Log - October, 2014

13-Oct-14 World View -- Al-Qaeda and ISIS struggle for global jihadi terrorist leadership

Large Mideast stock market bubbles appear to be crashing

This morning's key headlines from GenerationalDynamics.com

Al-Qaeda and ISIS struggle for global jihadi terrorist leadership
Car bomb explodes in Mogadishu Somalia as China's embassy reopens
Large Mideast stock market bubbles appear to be crashing

Al-Qaeda and ISIS struggle for global jihadi terrorist leadership

ISIS appears to be outshining the ancient leadership at al-Qaeda (Al-Arabiya)

ISIS appears to be outshining the ancient leadership at al-Qaeda (Al-Arabiya)

With the dramatic rise of the Islamic State / of Iraq and Syria (IS or ISIS or ISIL) in the past year, a generational competition is growing between ISIS, led by the youthful Abu Omar al-Baghdadi and headquartered in Syria, versus al-Qaeda, led by Ayman al-Zawahiri and other old geezers on the Afghanistan - Pakistan border:

Yemen: Al-Qaeda in the Arabian Peninsula (AQAP) is headquartered in Yemen, and is the principal al-Qaeda affiliate still loyal to core al-Qaeda. AQAP is the key interlocutor between core al-Qaeda on the one hand and al-Shabaab in Somalia, Al-Qaeda in the Islamic Maghreb (AQIM) in North Africa, and Jabhat al-Nusra (Islamic Front) in Syria on the other hand. If AQAP were to switch sides, then those groups with go along, then there would be nothing left of al-Qaeda except few veteran envoys spread around the globe.

North Africa: Fighters from Tunisia and Libya were key supporters of Al-Qaeda in Iraq during the Iraq war in the 2003-2008 time frame, and many young jihadists in those countries are pledging allegiance to ISIS now. However, Al-Qaeda in the Islamic Maghreb (AQIM) remains loyal to al-Qaeda, and has encouraged AQAP-ISIS unity.

Levant & Arabian Peninsula: This region remains the battleground for jihadi hearts and minds. ISIS captures the majority of foreign fighters into Syria but Jabhat al-Nusra remains an important force in the fight against Syria's president Bashar al-Assad. For jihadists in the region, the main decision has now become: "Is it more important to fight al-Assad, or to fight the U.S.-led coalition?" Donor money flows from wealthy Saudis has been the traditional lifeline of al-Qaeda, but it's likely they're now eclipsed by money flows to ISIS.

South Asia: Al-Qaeda has been protected for years by the Taliban in Pakistan and Afghanistan, but ISIS is eroding that support.

Southeast Asia: Jihadis in Indonesia, Malaysia and the Philippines had been loosely tied to al-Qaeda, but they've been dormant for years. But now ISIS has inspired new high levels of violence. Southeast Asia is decidedly pro-ISIS.

North America, Europe, Australia: There have been small numbers of recruits to al-Qaeda over the last decade, but now they're flowing in large numbers to Syria to join ISIS or, in some cases, Jabhat al-Nusra.

The trend appears to be that ISIS is overtaking al-Qaeda, but whether that will continue is not certain. ISIS currently has a base of power only in Syria and Iraq, and not elsewhere. Just to take one possible scenario, the death of Abu Omar al-Baghdadi could change everything, and cause ISIS and al-Qaeda to merge. Foreign Policy Research Institute (FPRI) and Al Arabiya (June 2014)

Car bomb explodes in Mogadishu Somalia as China's embassy reopens

China's embassy in Somalia officially reopened Sunday in Somalia's capital city Mogadishu, on the same day that a car bomb exploded outside a popular Mogadishu cafe, killing 11 people. The bomb was believed to have been detonated by remote control, and the terrorist group al-Shabaab are believed to be the perpetrators.

On Saturday, Somalia's president Hassan Sheikh Mohamoud said that al-Shabaab terrorism was coming to an end, and that his government will defeat the group "as a military force" before the end of the year. He said that its fighters are on the run from government forces and African Union forces.

Mohamoud is encouraging China to invest further in Somalia:

"China and Somalia had a very long relationship and a very historical and ancient one. And in modern times Somalia and China are friendly countries.
Today Somalia is a place that can be invested. There is a lot of opportunities. This is a very rich country in terms of maritime resources, in terms of agricultural resources, in terms of livestock, and in terms of very vibrant people who are entrepreneurs and business-minded.
We will give priority to those who pioneer to invest now in Somalia than those who come after five years from now. Those first comers are the real partners for us."

Xinhua/Daily Times (Pakistan) and RBC Raxanreeb (Somalia) and CTV (Canada)

Large Mideast stock market bubbles appear to be crashing

Shares in the Dubai (United Arab Emirates or UAE) stock market plunged 6.5% on Sunday, while Saudi Arabia's shares also fell by 6.5%. Qatar's stock index fell 3%. Some Mideast stock markets have been in enormous bubbles this year, with Dubai up 47% year-to-date and Egypt up 41%, so it was only a matter of time before these bubbles burst. The only question was the timing and the triggering event. U.S. stocks had a "brutal" selloff on Friday of 1.2%. As of this writing at early morning Asian time, stocks in Japan, Australia and South Korea have fallen 0.5-0.8% in early morning trading.

Generational Dynamics predicts that we're headed for a global financial panic and selloff. It has to happen sooner or later.

Americans today are very prone to panic, as shown by the widespread near-panic over the two cases of Ebola in Texas. This kind of panic is typical of moods during a generational Crisis era, and it's this mood that leads to new generational financial crises and generational crisis wars. This may or may not be the time that the stock market continues to fall. Bloomberg and Reuters and Zero Hedge

(Comments: For reader comments, questions and discussion, see the 13-Oct-14 World View -- Al-Qaeda and ISIS struggle for global jihadi terrorist leadership thread of the Generational Dynamics forum. Comments may be posted anonymously.) (13-Oct-2014) Permanent Link
Receive daily World View columns by e-mail
Donate to Generational Dynamics via PayPal

Web Log Pages

Current Web Log

Generational Dynamics Web Log for 13-Oct-2014 13-Oct-14 World View -- Al-Qaeda and ISIS struggle for global jihadi terrorist leadership

Al-Qaeda and ISIS struggle for global jihadi terrorist leadership

Car bomb explodes in Mogadishu Somalia as China's embassy reopens

Large Mideast stock market bubbles appear to be crashing

Web Log Pages

Generational Dynamics Web Log for 13-Oct-2014
13-Oct-14 World View -- Al-Qaeda and ISIS struggle for global jihadi terrorist leadership