Stratfor On Why Developments In Bahrain Are More Important Than Libya'sby Tyler Durden
Stratfor explains why the developments in Libya, while important, are materially less relevant from a macro perspective than those in smallish Bahrain:
While the world is focusing on the fighting in Libya, there is a much more profound development taking place in the Persian Gulf, particularly in the country of Bahrain, where the government is negotiating with the opposition.
And the outcome of those negotiations will be far more geopolitically relevant and significant than the fighting that is taking place in Libya.
The reason why Bahrain is very important is because in any negotiation you have to have some give-and-take, and it’s likely that the Bahraini monarchy will have to give some concession to the opposition.
And once that happens, it will lead to an empowerment of the opposition, 70 percent of which is Shia — 70 percent of the population of the country is Shia — and that has very large-scale implications for the region, particularly for
Saudi Arabia and Kuwait. And confirming that things in Saudi, very much contrary from the lies on CNBC, are getting very hot is an account from a source on the ground who
observed a 1,000 person protest in Qatif. The reason: demands for the release of all Shia prisoners. More importantly this was not a social media organized event. If it had been, it would be far bigger...
http://www.zerohedge.com/article/stratf ... ant-libyas