The advocates of radical Islam consider dates, especially Jewish High Holy days of extreme importance, thus consider the fact that the worst Arab rioting since 1948 is taking place during two of the most sacred celebrated events in Jewish history. Now, since Arafat failed to grab Jerusalem as his capital for a PLO state, the Arab rioting is the initial step, in his sick mind, to take Jerusalem by force of arms. Israel, even under the left leaning Labour Party, would not allow Jerusalem to fall to Arafat and his cohorts. We have stated numerous times, especially during the last year, that Jerusalem will evolve into the most paramount geostrategic issue since the bombing of Pearl Harbor on December 7th, 1941. We are on record as warning the second most dangerous geostrategic zone, in relation to disruptive crude oil price convulsions, are both, Iraq and Iran.
Crude oil continues to climb upward in price as does natural gas.
More of the dot-com companies and computer companies such as Broadvision, Dell, Apple plus a host of others, issue statements of lay offs or low dividends or maybe none at all. Iraq and Iran have made more adverse outcries against Israel while Orthodox Jews in sections of Brooklyn have been assulted and Syrian 'demonstrators' rioted outside the American embassy in Damascus. The U.S. State Department has even issued warnings to Americans abroad to exercise caution in traveling about. American and Canadian heating oil and natural gas homeowners may be confronted with a harsher than average Winter for 2000-01. The real cold weather is fast approaching, leaving developed oil consuming nations, already confronted with public outcries and strikes about over taxed petro could soon be forced to pay even higher prices for energy, in the event of the current wide spread rioting turns into an all out of war.