Links to globalization
There are a lot of ways to consider the economics part of the 9/11 under a globalization aspect.
I would start firstly with the finance world. The finance world was always known as a speculative one which any news could affect elements all over the world. Affecting this economic sector could make him and his ideas more famous. It actually worked well. Almost all markets were touched and it took time to them to rebound to their pre-crisis level. It caused nearly 80 billion worth of damage worldwide.
The attacks had also a global repercussion on security. For example, The International Air transport Association, said that main airports had to pay around 7,4 billion dollars for the new safety regulation.
The Ben Laden family knew what globalization was and have mastered this concept from the start. They did it by their contact worldwide or by their expansion all over the world. They had built 25 airports, which are one great component of globalization. Their company Saudi Binladin Group had world renown. Also, Osama Ben Laden used globalization in his own ‘career’. Being rejected by Saudi Arabia and having all his assets frozen (in 1998) he had to find a way to get money to make his plans. He used his business expertise and contacts with Turkish officials and the Sicilian Mafia to expand the Afghan drug trade. His teams took over the opium fields, established sophisticated chemical laboratories and upgraded the Afghan drug product line from lower grade Number Three heroin (which could only be smoked or snorted) to higher grade Number Four heroin – which could be mainlined into the veins and which is worth a hundred times more than Number Three. Osama used Turkish technology, equipment and chemists from the former USSR. Within months the facilities were up and running and were easily capable of producing 5 000 metric tons of heroin per year. It made him the world’s largest supplier of the new international drug of choice. By 1997 the poppy harvest in Afghanistan soared to 3 276 metric tons of raw opium, and revenues began pouring in to the coffers of Al Qaeda at a rate of 5 billion dollars to 16 billion dollars per years.
And in final, Osama Ben Laden was pretending to battle against and capitalism and communism. He wanted to establish the Interest-free banking, in other words, Islamic banking system.
Sources:
http://www.sbg.com.sa/profile.html
[DOC] 171705_Presentation by Douglas McClure on Al ... - WikiLeaks
http://www.guardian.co.uk/world/2011/sep/07/airports-wasting-billions-needless-security
http://wikileaks.org/syria-files/docs/564873_daily-business-news-update-.html
http://wikileaks.org/cable/1998/10/98RIYADH3482.html
Sébastien Ciejka
I would start firstly with the finance world. The finance world was always known as a speculative one which any news could affect elements all over the world. Affecting this economic sector could make him and his ideas more famous. It actually worked well. Almost all markets were touched and it took time to them to rebound to their pre-crisis level. It caused nearly 80 billion worth of damage worldwide.
The attacks had also a global repercussion on security. For example, The International Air transport Association, said that main airports had to pay around 7,4 billion dollars for the new safety regulation.
The Ben Laden family knew what globalization was and have mastered this concept from the start. They did it by their contact worldwide or by their expansion all over the world. They had built 25 airports, which are one great component of globalization. Their company Saudi Binladin Group had world renown. Also, Osama Ben Laden used globalization in his own ‘career’. Being rejected by Saudi Arabia and having all his assets frozen (in 1998) he had to find a way to get money to make his plans. He used his business expertise and contacts with Turkish officials and the Sicilian Mafia to expand the Afghan drug trade. His teams took over the opium fields, established sophisticated chemical laboratories and upgraded the Afghan drug product line from lower grade Number Three heroin (which could only be smoked or snorted) to higher grade Number Four heroin – which could be mainlined into the veins and which is worth a hundred times more than Number Three. Osama used Turkish technology, equipment and chemists from the former USSR. Within months the facilities were up and running and were easily capable of producing 5 000 metric tons of heroin per year. It made him the world’s largest supplier of the new international drug of choice. By 1997 the poppy harvest in Afghanistan soared to 3 276 metric tons of raw opium, and revenues began pouring in to the coffers of Al Qaeda at a rate of 5 billion dollars to 16 billion dollars per years.
And in final, Osama Ben Laden was pretending to battle against and capitalism and communism. He wanted to establish the Interest-free banking, in other words, Islamic banking system.
Sources:
http://www.sbg.com.sa/profile.html
[DOC] 171705_Presentation by Douglas McClure on Al ... - WikiLeaks
http://www.guardian.co.uk/world/2011/sep/07/airports-wasting-billions-needless-security
http://wikileaks.org/syria-files/docs/564873_daily-business-news-update-.html
http://wikileaks.org/cable/1998/10/98RIYADH3482.html
Sébastien Ciejka