At the end of the day, no swing producer controls the fate of today’s oil prices. A sustained price recovery requires a healthier global economy that combines faster inclusive growth and greater financial stability. And this will not occur quickly, especially given the policy shortcomings in both advanced and emerging countries. Read Here – Project […]
The next president of the United States will almost certainly be more hawkish on Iran than Barack Obama. Maybe a little more hawkish, if Hillary Clinton; potentially a lot more hawkish, if a Republican. What can that president do about the nuclear accord that the Obama administration and several world powers have struck with Iran? […]
Obama on the Nuclear Deal – July 16, 2015
Iran and six major world powers reached a nuclear deal, capping more than a decade of on-off negotiations with an agreement that could potentially transform the Middle East, and which Israel called an “historic surrender”. Read Here – Reuters
There has been a lot of speculation about how the lifting of sanctions and the re-engagement of Western companies in Iran would influence Iran’s relations with Russia. The simplistic view is that a resurgent Iran would compete with Russia as a major exporter of oil and gas, hence compelling Moscow to stand in the way of […]
There is much to be said for what is commonly called a “zero-based review”—a fresh look at a problem or project unencumbered by existing assumptions and practices. Just about any organization or mission could benefit periodically from such an assessment, to make possible the removal of accumulated historical impedimenta. This is true of U.S. foreign […]
The conclusion of a nuclear agreement with Iran, should it happen, will mark only the start of negotiations at home for the White House as it has begun the offensive to sell the deal to a cynical Congress. Read Here – The Irish Times
Today Nigeria, with a population of some 174 million people, is the world’s tenth-largest oil producer, pumping 2.4 million barrels a day, and has the highest gross national product in Africa. But the riches have brought neither stability nor prosperity. A series of military dictatorships siphoned off billions of dollars of oil revenue over Nigeria’s […]
Since its announcement in early April 2015, the interim agreement on the Iranian nuclear program has yielded some $7 billion in sanctions relief for Iran, even though core U.S. and EU sanctions blocking Iranian imports remain in place. Although U.S. President Barack Obama faces tough opposition on the deal from Congress, his EU partners are […]
If U.S. Secretary of State John Kerry pulls off a nuclear deal with Iran, it will be a singular achievement in a long career in which the grand prize has eluded him.His 2004 presidential election loss, lack of legislative monuments despite 28 years in the Senate, and failure, like many before, to bring peace to […]
