Chapter 595 A series of effects brought about by the war
It is the series of impacts brought by Chapter 595
Just as major stock markets in the United States and Britain fluctuated sharply, major European markets also plummeted one after another. "/
Subsequently, another news came from the Associated Press, that is, in order to curb the rapid rise in oil prices, the US government announced the recent U.S. crude oil reserves. When it showed that oil reserves were sufficient, oil prices decreased to a certain extent, but then continued to rise.
Immediately afterwards, US President Reagan visited Saudi Arabia and the UAE, and the two sides held talks. Subsequently, Saudi Arabia and the UAE jointly announced that they would increase oil extraction in the next five years to ensure market supply.
Affected by this news, oil prices fell sharply again, and many investors who heard the news fled the oil market again and turned to the gold market. However, some investors are still optimistic about the oil market. They believe that although oil production has increased significantly at this stage and oil prices will fall, in the long run, the US dollar depreciated and oil preservation is still a good choice, so there is still a group of people who choose to wait and see.
At this time, the price of gold soared again, once to $800 per ounce, and it still maintained a strong growth trend.
A large number of investors generally tend to increase their holdings in gold and yen, and the market is generally optimistic about the outlook for gold and yen.
During the global economic turmoil, another major news came out, that is, the Iraq-Iraq War has ceased.
Iran-Iraq War, known in Iran as the Iraqi Invasion War, also known as the First Gulf War or the First Persian Gulf War, was a border war between Iran and Iraq that lasted for eight years from 1980 to 1988. Both Iran and Iraq belong to West Asia in geographical location. Historically, the two countries have disputed the sovereignty of the Chateau Arab River at the border. On September 22, 1980, Iraq used this disputed river to defend against the "Islamic"
Revolution, brazenly launched a military attack on Iran. Soon, the situation changed. After 1982, Iran invaded Iraq's territory, which triggered the protracted Iran-Iraq War. The war lasted for eight years and became the longest war since the Vietnam War. The entire war can be divided into: the first stage, Iraq's offensive and Iran's defense; the second stage, Iran changed from strategic stalemate to strategic counterattack, and Iraq lost the initiative in the battlefield; the third stage, Iran's offensive and Iraq's defense.
The Iraq War was actually a "marathon" war of attrition. In the past eight years, the total expenditure and economic losses of the two countries reached US$100 million, and 1.48 million people were injured and 80,000 were captured. Among them, 350,000 were killed and 700,000 were injured and 30,000 were captured. About 150 combat aircraft, 1,560 tanks, 1,200 artillery and 16 ships were lost. 180,000 were injured and 250,000 were injured and 50,000 were captured, 250 combat aircraft, 1,500 tanks, and 15 ships. At the same time, the non-believer countries also suffered huge losses, 90 ships were sunk and destroyed, 546 were injured, and 90 other ships were trapped in the Arab River, most of which were damaged.
The war was caused by Iraqi President Saddam Hussein's attempt to fully control the Arab River in the northwest of the Persian Gulf, which is an important oil export channel for two countries. The United States provided armed forces and supported Saddam to launch an offensive to this disputed area in an attempt to curb the Iranian regime that had just taken office through the revolution and was strongly anti-American. In 1975, U.S. Secretary of State Kissinger supported Iran's King Pahlavi's attack on the waterway under Iraq's control at the time. Iraq and other Arab countries were also worried about the spread of armed regimes produced by Iran's February 1979 revolution to surrounding areas.
Another factor that led to the Iran-Iran war was the ambition of the leaders of the two countries. Iranian religious leader Khomeini tried to promote the Islamic fundamentalist movement he led to the entire Middle East. However, the Iranian revolution was successful shortly after the attempts in this regard were very limited. For Saddam, he was not in power for a long time and was trying to make Iraq gain regional hegemony. The success of the war against Iran could make Iraq the overlord of the Gulf region and control oil trade. The internal cleaning of the army and the serious lack of US-made equipment parts greatly affected Iran's once powerful military power. In addition, Iran's defense in the Arab region was also weak. On September 22, 1980, Iraq took advantage of the Iranian-backed assassination attempt of then-Iraq Foreign Minister Aziz as an excuse to seize the opportunity to launch an attack.
The territorial dispute between Iraq and Iran has a history of more than a hundred years, and the two countries have long had ethnic conflicts and religious differences, and they both want to dominate the Gulf. Therefore, the relationship between the two sides has been tense and small border conflicts continue. In 1978, civil unrest occurred in Iran. Iraq supported Iran's king Pahlavi and deported Khomeini, who lived in Iraq. In February 1979, the Pahlavi dynasty of Iran was overthrown; Khomeini came to power and incited Iraq's Shiite Muslims to overthrow the Saddam regime.
In late September 1980, Iraq took advantage of the political turmoil, economic deterioration, military morale was unstable after Iran took office in Khomeini, and the US broke off diplomatic relations. It launched a war against Iran aimed at regaining lost territory, cracking down on Khomeini's export revolution, and fighting for Gulf hegemony.
1988 was a year when the Iraqi-Iran War had a major turning point. In April, the two sides used hundreds of missiles to attack each other's towns, setting off an unprecedented "city attack war". Since then, in the stalemate, Iraq gradually gained the upper hand. On April 17, the Iraqi army launched an offensive code-named "Ramadan" against the Iranian defenders in the French-Australia region. After two days of fierce fighting, all recovered the French-Australia region, which was occupied by Iran for two years on the afternoon of the 18th. Foreign affairs experts commented that this was the "turning point of the Iraqi-Iran War" and it "opened up.
The gate to ending the Iran-Iraq War" and "opened the way for Iran to peace." Iran was forced to announce on July 18, 1, that it agreed to accept UN Security Council resolution 598. On August 20, the two sides achieved a ceasefire, and the eight-year Iran-Iraq War finally came to an end. In more than four years from April 1984, the two sides attacked and defended each other in the border areas, and the war turned into a long war of attrition. By July 1988, almost all Iranian territory occupied by Iraq was lost.
In order to end the Iran-Iran War as soon as possible, the UN Security Council passed Resolution 598 on July 20, 1987, which demanded an immediate ceasefire between Iran and Iran. The next day, Iraq expressed its welcome to the UN resolution and decided to suspend the attacks on Iran's maritime targets to show sincerity. However, Iran did not make any statement and did not announce its acceptance of Resolution 598 until July 18, 1988. Starting from the fifth day after the ceasefire between the Iran-Iran War, the foreign ministers of Iran held many talks under the auspices of the UN Secretary-General, but the negotiations were unsuccessful. In 1990, Iraq invaded Kuwait, and after the Gulf crisis broke out, Iran used the crisis to force Iraq to finally accept Iran's peaceful conditions to recognize half of Iran's sovereignty over the Arab River and withdrew its troops from Iran's territory.
The eight-year war between Iran and Iran was in a loss. Iraq suffered 480,000 casualties and captured people, lost 250 combat aircraft, multiple tanks, 1,500 artillery pieces, Iran lost 150 combat aircraft, 1,500 tanks, 1,200 artillery pieces, and 16 ships. The two** expenses cost nearly 100 million US dollars, and the economic losses reached 100 million US dollars. The comprehensive national strength of both sides was greatly weakened.
The Iraq-Iraq War lasted for seven years and November, and was one of the longest wars of the 20th century. It was a veritable war of attrition, a war that was not worth the loss for both sides and without victories. Before this war, Iraq's foreign exchange surplus of nearly $40 billion was US$80 billion, of which more than 40 billion was arms debt to Western countries and the Soviet Union, and more than 30 billion was loans to other Arab countries. The death toll in Iraq in the war was 180,000, and 250,000 were injured, with direct losses including military expenditure, war damage and economic losses of US$100,000. Iran also owed 45 billion US dollars of foreign debt, with deaths of 700,000 and more than 100,000. Tehran alone lost 200,000 US dollars; direct losses were delayed by the two countries' economic development plans for at least 20 to 30 years.
The war caused heavy losses to both countries, economic development stagnated, oil exports plummeted, and millions of casualties were killed and injured. Iraq also suffered a large amount of debt, and the debt owed to Kuwait alone reached 100 million US dollars. This was also one of the reasons why Saddam later invaded Kuwait.
At the end of the war, the dividing line between the two countries returned to the pre-war situation.
This war is one of the biggest casualties since World War II, second only to the Vietnam War and the Korean War. There are many statements about the specific casualties. Generally, the number of deaths is about one million.
The Iraqi army grew from 240,000 before the war to 1.2 million after the war.
The Iraq-Iraq War lasted for seven years and 11 months, and was one of the longest wars in the 20th century. It was a veritable, "marathon" war of attrition, a war that was not worth the loss for both sides and had no winners. Both sides suffered heavy economic losses, stagnation of development, sharp decline in oil exports, and the total military expenditure in the war and economic damage caused by the war reached more than $100 million in total. The war delayed the economic development plan of the two countries by at least 20 to 30 years. Before this war, Iraq's foreign exchange surplus was nearly $40 billion. At the end of the war, its foreign debt was 80 billion US dollars, of which more than 40 billion were arms debts owed to Western countries and the Soviet Union, and more than 30 billion were loans to other Arab countries, and the debts owed to Kuwait alone reached 100 million US dollars. This was also one of the reasons why Saddam later invaded Kuwait.
Although Penang was secretly supported by European countries in the later period of long-term weapons, the battle rate ended on August 20.
Recently, the United Nations General Assembly was held. The United States and Britain called for an armistice between Iran and Iran at the United Nations General Assembly. At this time, Iraq and Iran, tired of a long war, had already had the idea of a truce, but no one wanted to call for a truce.
The proposals of the United States and Britain have received strong support from the Soviet Union, China and France. China's support is taken into account its position to maintain world peace. Since the Iran-Iraq War, China has been calling for peace talks to resolve the issue. Now China has no reason to refuse the Iran-Iraq peace talks.
As for the Soviet Union, they received a notice from France, hoping to not interfere with the Iran-Iraq ceasefire. For the Soviet Union, although they were only the second most profitable country in this Iran-Iraq war, in the later period, in fact, Iran-Iraq had no sufficient funds to purchase weapons. If oil was exchanged, it would be obvious that for the current Soviet Union, and the country was too busy to deal with the oil problem outside. Therefore, they agreed to France's request.
As for France's position, it is very simple. Although they claim that France calls for peace and believe that peace talks should be negotiated, no one knows what they really mean, including the United States.
Therefore, the appeal of the United States and Britain gave the two countries an excuse to cease war. After a war of words, the two countries agreed to the United Nations mediation, announced the cessation of the cease war, and retreated back to their respective borders.
But this does not mean that the conflict between the two countries is resolved. They are still tit-for-tat internationally and the Cold War continues to end.
Affected by the Iran-Iraq War armistice, international oil prices fell sharply again. Investors generally believe that as one of the world's largest oil reserve countries, the cessation of the war means that there may be greater oil production capacity in the future, oil supply will continue to increase in the future, and the room for oil prices to decrease will gradually increase.
The sharp drop in oil prices has caused a major transfer of international safe-haven funds to occur again, and the latest gold price trading price continues to hit new highs.
At this time, at the Elysee Palace in Paris, Italy, Italian President Francesco Cosiga and Lin Yu were discussing some issues.
Francesco Cosiga asked in surprise, "You mean, war will continue in the Middle East soon, and this war will be between Iraq and Kuwait?"
"No," Lin Yu nodded and said, "You know that Kuwait is now the richest country in the world, with a large amount of oil reserves and exports. Do you think Iraq would not attack Kuwait?"
"But, isn't Saddam afraid of offending public anger so hard?" Francesco Cosiga frowned and waited for Lin Yu's answer.
"If it were normal, Saddam would be worried, but now it is different. The international situation is changing. Everyone can feel that the United States and Europe are fighting now. What he thinks is that the United States will not be distracted by Iraq. At the same time, because of the war, Iraq's domestic economic situation is deteriorating and it is difficult to maintain the position of Iraq in the Middle East, which is trying to establish the Middle East hegemony. At the same time, the neighboring Kuwait has a lot of military troops. What do you think will happen?"
Francesco Cosiga nodded suddenly, "It seems that Iraq's invasion of Kuwait should be very likely. So what do we need to do?"
Lin Yu replied lightly, "What are you doing? Of course, it is to fight for interests. Once Iraq dares to cross the line, the United States, which wants to intervene in the Middle East, will inevitably hold up the "Yiqian Banner" and launch a war against Iraq."
"Then do we need to be with the United States?" Francesco Cosiga tentatively.
"No," Lin Yu shook his head and whispered, "On the contrary, we want the United States to be with us."
"Let the United States be with us?" Francesco Cosiga frowned and looked at Lin Yu. How could Americans really listen to Italians so much? To believe this, it is better to believe that the sun will come out from the west.
Lin Yu nodded, pointed to the direction of the Soviet Union, and said, "To be precise, let us join the Soviet Union and let the Americans participate."
"Oh," Francesco = Cosiga's eyes lit up. He remembered Lin Yu's relationship with the Soviet Union. Although he didn't know why Lin Yu had such a good relationship with the Soviet Union, as long as he knew that the Soviet Union would sometimes stand on Italy's side, well, it would be enough to stand on Lin Yu's side.
Of course, this plan to attack Iraq is bound to the United States, otherwise the Americans would not have the trouble.
Thinking of this, Francesco Cosiga suddenly thought of a question, that is, if you want to operate this leading fight against the war, you must have a very reasonable excuse. Otherwise, Europeans can find it, the Soviet Union can find it, and the United States can also find it. Americans must be trying to clamor to destroy Iraq, so this is a problem.
So Francesco Cosiga asked, "How do we find a suitable excuse?"
Lin Huan smiled, then narrowed his eyes and said in a deep voice, "This is why I came to find you."
Then, Lin Yu whispered softly, "I want you to pay close attention to the movements of the Kuwait royal family. Although I have made arrangements, in order to be foolproof, you need to make any moves. It is best to establish a good relationship with the royal family recently. As long as you can find a way to bring the royal family back to Europe during the war, everything is up to us."
Francesco = Cosiga heard this and nodded cautiously, "Okay, I will arrange it."
After explaining about the Middle East, Lin Yu left the Presidential Palace.
After arriving at the hotel where he was staying, Lin Yu also received the latest international news, that is, the price of gold has soared nearly double in recent times, while the price of oil has dropped significantly. Lin Yu smiled faintly about these news.
Their large amount of money has entered the international market. He doesn't care much about how much he can make in this crisis, but he is full of expectations for what benefits he can gain in the United States afterwards.
Just as Lin Yu was pondering in the room, Jason called.
"Boss, I received the latest news that the Bank of England is preparing to lend gold heavily and put it on the market to suppress gold. The Rockefeller and Morgan families will also announce the recent discovery of large quantities of gold mines and capacity expansion issues in due course."
"It seems that everything is going according to the plan." Lin Yu pondered.
Chapter completed!