Believe it or not, Israel, led by the arrogant Israeli leader Prime Minister, Benjamin Netanyahu, has been dealt two American slaps in the face in the last few days, a blow it has never experienced since President Dwight Eisenhower compelled Israel and its two European allies, Britain and France, to withdraw their occupation forces from […]
Dubai‘s new strategy would establish logistics and policy infrastructure for products and services aimed at giving birth to an Islamic economy that operates parallel to the existing robust economy of Dubai. The platform proposed will include Islamic finance instruments, Islamic insurance, Islamic contract arbitration, Islamic food industry and trade standards (Halal food), as well as […]
The energy map of the world is being redrawn — and the global geopolitical order is adrift in consequence. We are moving away from a world dominated by a few energy mega-suppliers, such as Russia, Saudi Arabia, and Venezuela, and toward one in which most countries have some domestic resources to meet their energy needs […]
The Arab Spring is not an outcome, it is a process. For those countries at the forefront of regional transformation, the fundamental question is can democracy become institutionalised? Though progress has been uneven and the outcomes of many state-society struggles have yet to be resolved, the answer is a cautious yes. In at least a […]
Four Asian countries are now purchasing nearly all of Iran’s oil exports according a report this week from the Economist’s Intelligence Unit (EIU). “Almost all of Iran’s oil exports now go to China, South Korea, Japan and India,” the report said even as it noted a sharp decline in the amount of oil each country purchased from […]
The Middle East faces even bigger challenges in 2013 than it did during the first two years of the so-called Arab Spring. So far—a pivotal caveat—the Arab uprisings have deepened the political divide, worsened economic woes and produced greater insecurity. Solutions are not imminent either. More than 120 million people in Egypt, Tunisia, Libya and […]
Somali pirates have finally released the Panama-flagged merchant vessel MV Iceberg 1, along with six Indian sailors who were on board. Taken captive in March 2010, the owner of the cargo ship had stopped negotiations with the pirates, while also not paying any compensation to the sailors’ families. These sailors had been held hostage for […]
Syria’s Alawite regime collapses from within and without. High-level defections march in step with rebel gains through the Sunni heartland. The Obama administration’s signature regional strategy — described in a Freudian slip by a French career diplomat here as “waiting from behind” — now badly trails events. That would not constitute a disaster for Washington if the fate […]
Though there was no major dissension at OPEC’s Dec. 12 meeting in Vienna, there were signs that Saudi Arabia and Iraq are headed for a face-off over how much oil to pump. Before the start of the meeting, Abdul Kareem Al-Luaibi, Iraq’s oil minister, told reporters that his country plans to produce as much oil […]
The Gulf Cooperation Council said it will form a unified military command structure at a time when Iran poses a “very serious” security threat to the Middle East. The six-member group will coordinate air, land, and marine forces under one structure, Bahrain’s Foreign Minister Sheikh Khalid Bin Ahmed Al-Khalifa said today in a press conference after […]
looking beyond borders 