Todays RNS18 Oct 2023 16:17
'About the Hertica Project
The Hertica Licence is situated in the north-eastern part of Kosovo, near the border with Serbia'
This is maybe why the SP is grounded, geopolitical risk everywhere owning this share.
Copied from Jim Rickards
Kosovo–Serbia. This is another in the long list of Balkan conflicts that go back to the origins of World War I in 1912–1913. The latest flashpoint is the confrontation between Kosovo and Serbia.
Kosovo declared independence from Serbia in 2008, a move that Serbia has never recognized. Relations between the two areas had been stable due to mediation by the EU and U.S. Recently tensions have escalated due to claims of a Serbian terrorist attack in Kosovo and the massing of Serbian troops on the border.
Serbia is a longstanding ally of Russia. Serbia is surrounded by NATO members (Slovenia, Croatia, Hungary, Romania,, among others).
On the other hand, if Serbia could regain control of Kosovo, it would drive a wedge through much of this NATO encirclement. The risk is not only of a war between Kosovo and Serbia, but that it becomes another proxy war between the U.S. and Russia, and a sideshow to the war in Ukraine.
Again, the risks of escalation are high.'
Although I am sure some of that he writes is just drama!
'Syria – Turkey – U.S. I’ll touch on this theater briefly. U.S.-backed efforts to topple the Assad regime in Syria go back to the Obama administration. U.S. troops are in Northern Syria to promote this effort and to control Syrian oil output for the benefit of indigenous Kurds. Turkey views the Kurds as mortal enemies because they are trying to liberate Kurdish portions of Turkey to join in a broader Kurdistan.
Russia has been heavily involved in supporting Assad with clear success so far. Turkey has recently increased attacks on Kurdish positions in Syria. The U.S. recently shot down a Turkish drone. Russia is on full alert. Russia and Turkey are on friendly terms but the U.S. and Turkey are NATO allies.
It’s complicated but the risks of U.S. dogfights with Turkish or Russian aircraft and the risks of a Russian missile attack on U.S. aircraft are high.'
Sign In
Follow the stocks
