This Major Conflict Is Pushing The World Closer To War

Wednesday, April 8, 2015
By Paul Martin
April 08, 2015

With the Dow near 18,000 and crude oil plunging to $51, today a legend in the business sent King World News a powerful piece about a major conflict that is now pushing the world closer to war and how it is impacting a key global market.

From Art Cashin’s notes: The Yemen Challenge – This week’s Economist has an excellent article on potential complications related to the Saudi airstrikes in Yemen. Here are a few bits:

SAUDI ARABIA’S recently enthroned King Salman pulled off a striking diplomatic coup last month when he gathered a ten-country coalition of Sunni states to bomb the upstart Shia rebels in Yemen known as Houthis. Even Qatar and the United Arab Emirates, rivals in regional politics, put aside their differences to confront a perceived Iranian proxy. Egypt sent planes and ships. Countries as far apart as Morocco and Pakistan pledged help, too.

The Rest…HERE

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