Saudi Arabia’s oil reserves are expected to run dry in fifty years. This prospect has encouraged the Saudis to go shopping for cutting-edge science that can secure the kingdom’s future—at elite American research universities. King Abdullah and Saudi Aramco are spending tens of billions on technology research to make the oil last longer and develop […]
When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it. Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer. His central bank has added 570 metric tons of the metal in the […]
External Affairs Minister Salman Khurshid began an official visit to Chile and Argentina on Tuesday night. This is the first ever visit of an Indian Foreign Minister to Santiago. The fact that Mr. Khurshid will be there less than four months since taking charge is hopefully a sign of evolving priorities towards the region. On […]
An inconvenient fact is that Indonesia’s economic growth is mainly driven by a commodity boom fuelled by China’s appetite for raw materials and global demand for biofuels. China’s enterprises are building bullet trains while Indian car– and IT-companies compete around the world. Indonesia, all the while, manufactures…essentially nothing. Most international manufacturing companies have moved on to greener […]
Generational change has been postponed again in Saudi Arabia, and the kingdom’s succession process is now clear for the foreseeable future. With King Abdullah’s appointment this week of his half-brother Prince Muqrin bin Abdulaziz to the position of second deputy prime minister behind Crown Prince Salman, the inner circle of princes that has run the […]
As Washington and its great power partnersprepare for more nuclear negotiations with Iran, the Obama administration and policy elites across the political spectrum talk as if America is basically in control of the situation. Sanctions, we are told, are inflicting ever-rising hardship on Iran’s economy. Either Tehran will surrender to U.S. demands that it stop […]
Prime Minister Nuri Al-Maliki’s efforts to solve myriad issues, including angry rallies against him, with a one-size-fits-all approach is likely to prolong Iraq’s perennial crises, experts say. More than six years into his rule, the premier is no stranger to stand-offs. But the latest crisis pitting him against many of his erstwhile Cabinet partners as […]
No tour of Uranium Energy Corp.’s processing plant in Hobson, Tex. is complete until CEO Amir Adnani pries the top off a big black steel drum and invites you to peer inside. There, filled nearly to the brim, is an orange-yellow powder that UEC mined out of the South Texas countryside. It’s uranium oxide, U3O8, otherwise known […]
Imagine a future meeting of the Organization of Petroleum Exporting Countries, where the agenda is set not by Iran or Saudi Arabia, but by the United States. Oh, and the meeting takes place in Tel Aviv — because the other big power in OPEC is Israel. That’s where the world is headed, thanks to the […]
Most analysts believe that US President Barack Obama’s foreign policy in the four years of his second term will be preoccupied with the Asia-pacific region and the perceived threat posed by China. Indeed, presenting China as the No 1 global challenge to US strategic and economic interests is by no means a novel trend in […]
looking beyond borders 