Chapter 1594 – Aerial Combination
This settlement of Saudi Arabia’s oil in pounds is not to poach the dollar, but to use the pound as the unit of calculation, which is borrowing the oil delivered by Saudi Arabia at the payment deadline to endorse the pound.
Because Britain does not have the ability to beat the US military head on, he would certainly dare to poach the petrodollar if he had the military power of the Soviet Union to back him up, the point is that he doesn’t.
Alan Wilson will not be naive to think that Britain won the war in the Falkland Islands, the war power is above the United States, although the quality is important, but the quantity is also important.
With the existing weapons in hand, Britain can ensure that a year does not fall, hit all the stockpile of Britain on a break, because now the United Kingdom in the military weapons above, already does not have the stockpile advantage of the Second World War, the Royal Navy as the world’s first major naval forces, if and when the United States to fight, can fight for time to allow the United Kingdom to mobilize the world’s number one at that time the shipbuilding industry, which is the United States is still tolerant of the United Kingdom’s reasons.
Now of course the Royal Navy is also considered strong, but and the United States can not be compared, are using stock against, Britain is certainly the first to be consumed clean that.
Settlement of oil with pounds, only this time the military sale of oil against part of the bill, which is also conducive to protect the stability of the exchange rate of the pound, because there is another thing in Alan Wilson’s mind, the Plaza Accord, which is Germany and Japan as the two defeated countries as the main, woolgathering to help the U.S. dollar to tide over the difficult times. But there are other countries, such as Britain and France.
Now the pound just in the strong stage, the appreciation of space is not big, of course, the dollar is now in the stage of dramatic appreciation, the Fed is wielding a scythe to harvest Latin America. In the perspective of the United Kingdom, the pound this time will not follow the appreciation of the dollar and appreciation, and will not be in the Plaza agreement after the exchange rate fluctuations, which is the best.
This military sale of over 10 billion pounds to start with is enough for the UK to digest for a few years, not to mention that it’s not like the UK doesn’t have influence in the Middle East, and there’s Kuwait and the UAE to help out.
If necessary, it should even take a common attitude with France, harvesting is possible, harvesting two defeated countries, don’t do it to Britain and France.
The stability of the British pound is also conducive to Britain’s financial operations against Japan, the dollar’s interest rate hike this time will peak next year, that is, in 1984, the dollar will appreciate by sixty percent. If the dollar is used to operate Japan’s financial sector at that time, it will not be cost-effective. So Alan Wilson gave Arnold the British pound, which must remain stable at this time.
So this Saudi military sales can play a short-term role on the pound on the line, as long as in the Plaza agreement, the pound can stay out of the way, to make money in Japan is a great benefit.
The Saudis should take the dollars they have accumulated in their hands and give them to the UK, who will do more with them and continue to fortify their sterling area. As for the rest of the shortfall, it could be delivered in oil, but in sterling.
If the pound also had to appreciate in time, the oil delivered by the Saudis would naturally serve as a buffer, and the pound would not be damaged too much.
Alan Wilson is still quite optimistic, at least there are seven carrier battle groups, a little more than half of the U.S. Navy, but Reagan came to power after the proposed six hundred ship naval program, maybe in a few years, the U.S. Navy’s carrier battle groups will be more than twice the Royal Navy.
Prince Abdullah, Crown Prince of Saudi Arabia is also in trouble, Saudi Arabia in the hands of the pound can not pay, heard that Britain is willing to collect the dollar heart will be relieved to hear that the knot down the oil can be offset against the views of the bill, but also let him to Alan Wilson’s good sense of the sudden growth of, “the Secretary General’s proposal for the benefit of both of our countries.”
“But the exported oil has to be valued in pounds.” Alan Wilson also did not hide anything, explained, “The United States is now raising interest rates very violently, the United Kingdom does not want to see the flight of local assets, of course, after Prime Minister Thatcher came to power, the United Kingdom is also synchronizing interest rate hikes, but if this stage of the Saudi Arabia is able to help the United Kingdom, as the Crown Prince said, this is really beneficial to both of our countries.”
“If the UK can be genuine and make the Saudis feel that the UK is reliable on this export arms platform. Why not?” Prince Abdullah responded with a smile, “Saudi Arabia is better able to provide the energy the world needs when it has a secure belt environment.”
Talk, all can talk, as long as the UK is willing, Prince Abdullah believes that the UK’s influence can fully return to Saudi Arabia, but the specific scale, but also through the experts of the two countries to professionally measure, including the economy, security and influence of multiple perspectives, so that both countries can be satisfied.
Saudi Arabia is well aware that it does not have real influence in addition to energy, even the Yemen under the buttocks can not handle, in the position of having to ask for others, if Britain can pull Saudi Arabia at this time, this price will certainly be very high.
Alan Wilson also made his own guarantee, as long as the Saudis show great sincerity, this time the implementation of the arms sale of the years can be negotiated, the United Kingdom will naturally show sincerity, and now the United Kingdom’s active service of the Typhoon and Raging Storm two different role of the warplanes can be open for the Saudis, and even the United Kingdom does not have the weapons, can be utilized to the United Kingdom’s influence to help the Saudis to think of a way.
At this time, the Crown Prince does not know, Alan Wilson is made what an important commitment, Shiloh is waiting for his father to plan his future life for him.
Public level, this visit naturally has nothing to do with arms sales, Allen Wilson in front of reporters to talk about all, the Arab world peace concerns, the main concern is that the war between Iran and Iraq has clearly entered the level of the war of attrition, hope that Saudi Arabia can help the Kingdom of Iraq, such words.
Then he went to visit Baghdad, the Kingdom of Iraq is after all still a friendly country in the traditional sense of the word, and he was for sure going to have a good talk with Faisal II, the king, about how to deal with the religious lunatics on the Iranian side of the world, and the rich and powerful king obviously had something to say about it, and said that the tanks of one of the big countries are not of good quality, but they are also really cheap.
“You get what you pay for, and using all the best ones is a burden on any country.” Alan Wilson was honest, all took Challenger tanks to fill the lines, and Britain couldn’t afford to do so.
But Faisal II expressed the important role of the carrier battle group, with two carrier battle groups in place, Iraq did curb Iran’s oil exports.
Before leaving, Allen Wilson also got a number of orders for air-to-air missiles, is not empty-handed, this visit is still fruitful.
Back home Alan Wilson, on the television to see Mrs. Thatcher’s self-praise, since the ruling performance, such as strengthening the defense force, promote the collective Europe; maintenance of law and order; inflation fell, compression of public expenditure; the implementation of the privatization policy; improve the efficiency of industry; so that more people have housing and so on.
On the Labour side, naturally, they were not to be outdone, citing the mistakes of Margaret Thatcher’s administration, with a dramatic increase in unemployment; heavier taxes, with the exception of the rich only; a nearly five-fold increase in the cost of medical prescriptions, an increase in value-added tax from eight to fifteen percent; the clawing back of pensioners’ meager incomes; and a surge in extra police spending, while crime went up instead.
The Conservatives and Labor are telling the truth, as Whitehall statistics testify, and at such a crucial time in an election Alan Wilson should be neutral, but it always seems that the Prime Minister, to whom supreme authority is owed, has taken it upon himself to approach him and ask about the big arms sales bill.
“It’s going to be difficult to produce results before this election, it’s not a small amount of money, even for the Saudis.” Alan Wilson replied sincerely, “Not as a merit for the next term.”
“I certainly do want to be successful in my re-election.” At the mention of this, Mrs. Thatcher couldn’t help but suffer, even if her approval ratings were now optimistic.
“Weren’t you confident when you were spouting off with the leader of the Labor Party in the House of Commons?” Alan Wilson couldn’t help but laugh out loud, “In fact, isn’t an early general election just putting the night away.”
Only two days ago, Margaret Thatcher and Labor Party leader Foote had a row in the House of Commons, and the entire parliamentary hall was so noisy that it drowned out the prime minister’s speech.
When Labour leader Foote criticized Margaret Thatcher’s speech on television that inflation had fallen below the level it was at when Labour was in power as factually incorrect.
Labour deputy leader, former Labour government finance minister Denis Healey on a loud yell: irony of Mrs. Thatcher for fear of worsening economic situation in the second half of the year and rushed to hold an early general election, like a boatman eager to avoid the risk, this is a kind of figurative mockery of the language, but a word out of the Conservatives where the heart of the disease.
However, the parliamentary Healey’s mockery of the language but Mrs. Thatcher to irritate, the “Iron Lady” immediately backtracked on the ridicule, hard to say that the Labour Party is afraid of the election.
She repeatedly rebutted loudly: “So, you are afraid of the election? You’re scared, you’re scared, you’re terrified, you’re afraid to take part in the election, you can’t stand the test of an election.”
Mrs. Thatcher could not care less about the dignity and decorum of the Prime Minister. There was a lot of noise on and off the stage, and MPs from both parties taunted each other, and you and I went back and forth. Although the Speaker shouted his throat, asking everyone to quiet down, but also in vain, to no avail, Mrs. Thatcher’s voice has been drowned in a shouting.
Alan Wilson’s reference to the squabbles in the House of Commons at this point was also an indication that although he was in Riyadh at the time, he was equally well-informed about domestic matters, “Women do have a talent for quarrelling above all else.”
Mrs. Thatcher rare did not retort, seemed a little embarrassed, Alan Wilson turned the tables, “But the Conservative Party victory is not a problem, the formation of the Social Democratic Party of several leaders are former important ministers, the Conservative Party, if you can not win, it can only be said that the Conservative Party incompetence to a certain extent.”
Then left your busy back, spring flowers, the richest woman will soon be back, Typhoon fighter but the Mountbatten Group’s signature, Saudi Arabia’s military purchases will have to see what the richest woman can impress the Saudis, so that the rapid implementation.
And do military industry and do energy business, the United Kingdom also really have a, is not the supreme authority of the beloved? The atmosphere of the election is building up as the husband and wife team work in tandem.
“How about a combination of Typhoon, Rafale and Tiger helicopter gunships? Plus advanced trainer aircraft! That’s exactly what the Saudis need. As for the price, there’s also logistics and maintenance to consider.” Pamela Mountbatten immediately brought out the proposal, “This order is enough for the companies involved in the country to rejoice.”
“Add the strategic transports to the mix, and it looks a lot more conscientious.” Alan Wilson thought for a moment, “Since we’re doing this make it bigger, and extend the delivery time as long as possible. A ten year period of delivery would be best, any longer than that is not out of the question, but perhaps the international situation will change.”
“What would change in the international situation?” Pamela Mountbatten didn’t understand, how else could it change?