Somalia: The Other (Hidden) War for Oil

The U.S. bombing of Somalia took place while the World Social Forum was underway in Kenya and three days before a large anti-war action in Washington, January 27. Nunu Kidane, network coordinator for Priority Africa Network (PAN) was present in Nairobi, and after returning home asked out loud how 'to explain the silence of the US peace movement on Somalia? Read More
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Oil in Somalia.

The bombing of Somalia in the past few days has caused worldwide stir, outrage and theories of conspiracy as it emerges that the country has oil. It is no surprise, since Afghanistan and Iraq which are well-documented subjects of military action from the West are both holders of considerable oil reserves, that the thought arises: "here we go again" - namely, (go) "after the oil"? Are these battles fought in the broader war on terror, or part of a territorial onslaught for control of oil reserves; or is the link between these issues inextricable, so that neither can be considered in isolation of the other? I was unaware of the geological backdrop to this region until very recently, but it emerges that there have been a number of geological surveys carried out in the Somali Peninsula and more widely in the Horn of Africa, since the 1980's, which indicate that underlying there are substantial untapped reserves of oil. An estimated 15,000 Ethiopian soldiers invaded Mogadishu, the Somali capital, in late December last with the intention of securing a military defeat of the Islamic Courts Union I.C.U.), which had until then controlled major areas of southern Somalia. Read More
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Resource Stocks

Nearly 14 years after the deadly Black Hawk Down incident, Mogadishu is raging with unspeakable violence. While the bloodshed is tragic, this emerging crisis presents you with a remarkable opportunity.

In fact, if you're willing to take advantage of a murderous African warlord (and you can meet the four qualifications outlined below), you could see a 789% gain in the next six months. In the long run, you could make 60 times your money. Maybe a whole lot more... Are you in? Read More