Saudi Arabia has ended its flirtation with free oil markets. It took the kingdom’s new oil minister, Khalid Al-Falih, just six months to blink, ending the country’s two-year policy of pump-at-will. Read Here – Bloomberg
The contrast between the two countries is stark. Iran, never as dependent on oil revenue as its neighbor, has seen prospects boosted by rapprochement with the west. In Saudi Arabia, tentative moves toward economic reform haven’t prevented two years of weak prices causing financial havoc: it’s burning through foreign exchange reserves, government contractors have gone […]
There were a couple of not-so-very-subtle signals here inside of Hofstra University that Donald Trump lost Monday night’s highly-anticipated debate against Hillary Clinton, and badly. The first was the audible sound of groaning by some of his supporters inside the debate hall as Trump meandered self-defensively through a succession of answers against a very focused, very […]
On the surface, the similarities between 1960s Iran and modern Saudi Arabia seem self-explanatory. Like Saudi Arabia today, Iran in the Pahlavi era was ruled by a monarchy with a close (but complicated) relationship with the United States. Indeed, Tehran and Riyadh would go on to become the “twin pillars” of Nixon’s strategy for keeping the […]
Many people around the world are probably wondering why Hillary Clinton – who is obviously more prepared and better suited for the American presidency than her opponent, Donald Trump – isn’t waltzing to victory. Many Americans share the world’s bewilderment. Read Here – Project Syndicate
Saudi Arabia doesn’t have the same clout it used to. That’s the message the chairman of the U.S. Senate Foreign Relations Committee says he has delivered to the Saudi government. Read Here – Bloomberg
India’s SCO membership could now play a bigger role in ensuring greater energy cooperation between energy producers and consumers by linking Central Asia and South Asia, wherein Iran can be instrumental in facilitating the SCO Energy Club by becoming a major energy trading hub through the opening up of its Chabahar port. Read Here – […]
Up to this point, the prospect of Trump entering the White House had been a distant one. Now that it has become a genuine possibility, there could well be a counterreaction. And if Trump were to take a lead in the polls, this response could be a substantial one. Some people who have been flirting with […]
From China’s standpoint it probably doesn’t make much difference who wins the White House. Both Clinton and Trump have committed to bringing American manufacturing jobs home from China while offering no concrete, workable policies for doing so. Read Here – Al Jazeera
Recession is the part of the cycle is where you say, “Ouch, got that wrong somewhere, it seems. Let’s think about this again. Perhaps we should do things a bit differently next time. Let’s work out how while we have time on our hands with things so slow just now.” Read Here – South China […]
