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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 18 4:00 PM EST

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To: James F. Hopkins who wrote (19631)	7/8/1999 10:11:00 AM
From: Les H	Read Replies (3) of 99985

OT *** interesting blurb from article about oil and Kosovo: The G8 accord that Yugoslavia and NATO eventually accepted was very similar to what Yugoslavia was willing to accept prior to the bombing. So why would this country carry out such an action? Oil. United Press International reports that the U.S. government has given Bulgaria a $500,000 grant to explore building a pipeline across the Balkans to pump Caspian Sea oil to the West. UPI stated "the continuing conflicts in Yugoslavia have made [the proposed trans-Balkan line] appear impractical in past years. But the prospect that the U.S. government would guarantee security in the region . . . now makes it a much more attractive proposition." This was never about the Kosovars. It was a cynical, crass attempt to expand American military influence in order to build pipelines. Under those rules of victory, yeah, we won. And the people of the Balkans lost big-time.

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