Throughout the day when i stared at the sky, and the market news i would hear one thing the yemini crisis is pulling down the market.
I have rearely heard Yemen in my life time, needed to use google search engine to show me where this yemen is in the map of the world. well I could find it somewhere near Soudhi Arabia, where most of us are familiar, because of Dubai.
It seems one King ruled the country for long time, eventually gave back power the people of Yemen on various conditions. There are two big sects of Muslims which is making them not to stick together. Shia and Sunni. After king left throne,one Haidi from Sunni sect becomes head of the state on some conditional pact with sunni Haithis.
As I told Petrol cannot mix with water, it happened to break of marriage many times. One day the Shias being very local and tribals took over Yemen, which made Haidi shia leader ran away to a place called Aden in the south of Yemen. Well this south of Yemen is dominated by sunni.
Haidi being good to many countries like Soudi Arabia, Morocco, Egypt, US, UN , Pakistan, all countries started helping him to regain control over Haithis.
Again I scratched my head why then it is Impacting my stocks which were going down. Its because Yemen sits in a strategic place where there is 1 cm (on Map scale, may be in reality it may be some kilometers wide) pasage from red sea to Gulf of Adn where most of the Oil carrying ships move from soudi to countries like India.
India being one of the biggest Importer of Oils, when the oil startrs shipping less prices of many goods may escalate.
Well got my answer, but smiles came when i heard Nifty went up some 150 points
I have rearely heard Yemen in my life time, needed to use google search engine to show me where this yemen is in the map of the world. well I could find it somewhere near Soudhi Arabia, where most of us are familiar, because of Dubai.
It seems one King ruled the country for long time, eventually gave back power the people of Yemen on various conditions. There are two big sects of Muslims which is making them not to stick together. Shia and Sunni. After king left throne,one Haidi from Sunni sect becomes head of the state on some conditional pact with sunni Haithis.
As I told Petrol cannot mix with water, it happened to break of marriage many times. One day the Shias being very local and tribals took over Yemen, which made Haidi shia leader ran away to a place called Aden in the south of Yemen. Well this south of Yemen is dominated by sunni.
Haidi being good to many countries like Soudi Arabia, Morocco, Egypt, US, UN , Pakistan, all countries started helping him to regain control over Haithis.
Again I scratched my head why then it is Impacting my stocks which were going down. Its because Yemen sits in a strategic place where there is 1 cm (on Map scale, may be in reality it may be some kilometers wide) pasage from red sea to Gulf of Adn where most of the Oil carrying ships move from soudi to countries like India.
India being one of the biggest Importer of Oils, when the oil startrs shipping less prices of many goods may escalate.
Well got my answer, but smiles came when i heard Nifty went up some 150 points
