Nawaz Sharif And His Baggage

If Sharif has learned any lesson from his previous two stints as prime minister, it should be that his chances for serving a full five-year term in office will depend on his establishing a modus vivendi with Pakistan’s powerful military establishment. His prospects for establishing civilian control over the military and intelligence agencies, however desirable […]

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China’s Other Bo Xilai?

Beijing has offered little information about the investigation of several executives from China’s top oil producer, except to accuse them of “severe breaches of discipline,” a phrase often used to invoke bribery and corruption. But the focus on the oil industry itself and specific investigation of two of the four executives adds fuel to a growing sense that […]

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Legal Vs. Illegal War

The United States, by all indications, will soon become a belligerent in Syria’s civil war. The Syrian government‘s alleged use of chemical weapons to kill hundreds crossed a redline that U.S. President Barack Obama claimed a year ago would be the game changer, and the game for Washington, London, and Paris has clearly changed. Yet […]

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The Gulf Needs To Worry About Its Oil

The systemic waste of natural resources in the Gulf is eroding economic resilience to shocks and increasing security risks. The six Gulf Cooperation Council (GCC) countries now consume more primary energy than the whole of Africa. Yet they have just one-twentieth of that continent’s population. Almost 100% of energy is produced from oil and gas […]

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Advantage USA

Beyond the bright prospects for the return to rapid U.S. economic growth and the resulting decline in federal debt as a percentage of gross domestic product, the U.S. will enjoy six major long-term advantages over its competitors. Read Here – Bloomberg

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Price Vs Value: The Long Battle

Throughout the history of capitalism, economic bubbles have been commonplace. They have emerged wherever liquid financial markets exist. The range challenges the imagination: from the iconic tulip bulb bubble, to gold and silver mining bubbles, to bubbles around the debt of newly established countries of unknowable wealth, to — again and again — real estate […]

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