The Spread of Revolution and Its Effect on Business

February 17 2011 No Commented

businessUnrest in the Mideast has spread. There are a number of countries, including Yemen, Iran, Libya learning lessons from Tunisia and Egypt’s Jasmine Revolution. Part of the reason for this is the fact that nearly half the population of all the Arab League is 25 or under. These kids know more about Twitter and Facebook than they do the Berlin Wall. Coupled with the frustration of low wages, revolution continue to foment.

Nations that follow President Obama’s call for reform will likely fare better than those who don’t. Jordan’s King recently issued a decree allowing street protests, and fired his prime minister. Iran, one of the more stable of the nations, has appropriated these revolutions as counterparts to its own 1979 revolt. Oil helps countries like Saudi Arabia to boost GDP, and placate their citizens. Yet internet political parties continue to brew.

Much of the Arab League is still waiting to see what happens with Egypt. Egypt’s military coalition doesn’t have much to do besides trying to get things back to the way they were.  In the meanwhile powerful business men aren’t sure where to place their monies. The rest of the region hopes that a democratic balm can be applied to return economic peace to business. But right now, it’s too soon to tell.

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