Disagreement over how money from the country’s oil, which represents 98% of government revenue, should be distributed is paralyzing Libyan peace efforts.
Disagreement over how money from the country’s oil, which represents 98% of government revenue, should be distributed is paralyzing Libyan peace efforts.
From an impoverished land into a prosperous nation with military agreements with the U.S. and the UK, Oman’s progress may come crashing to a halt.
With a young, restless population and decreased oil revenues, Saudi Arabia needs to abandon its rentier economic system and build a more sustainable model.
Simultaneously courting the West and expanding its influence beyond its borders could work in the short-term. But in the short-term only.
Turkey, long hailed as a bastion of secular democracy in the Muslim world, could be spiraling toward an all-out civil war as conflicts between Turkish security forces and Kurds as well as other ethnic minorities continue to escalate.
Following Saudi Arabia’s execution of the Shiite Cleric, Nimr al-Nimr, observers of the Middle East are pondering a multitude of eventualities, many of which point to a hot conflict between the two regional powers.
Chavez’s 21st century socialism has failed, pushing Venezuela to the brink of a major humanitarian crisis.
Can public private partnership provide a solution for the financing of energy infrastructure projects, at a time when Iran is facing declining revenues as a result of years of crippling sanctions?
For years, oil has been powered our increasingly technologically dependent world. Oil alternatives are becoming increasingly popular, and coupled with the Persian Gulf’s limited supply, many governments have tried to stay ahead of the market, which forecasts a world that’s not dependent on the Arabian Peninsula’s oil.
If the crisis worsens, Nigerian army capabilities will surely fall short without outside help.
The rapid rise in the value of the U.S. dollar and the effect of new riches in the U.S. energy market has left many adversaries of the U.S. with serious future financial issues
Despite the roller coaster of political and security-related drama that dominated the headlines in this past year, I still remain optimistic about Somalia’s future — cautiously of course.
OPEC’s recent decision to keep production at its current levels lead to the realization by many investors that the current oil price may become the new norm.
During President Obama’s recent trip spanning China, Myanmar and Australia, he along with Chinese President Xi Jingping announced what amounts to a historic agreement between the nations to reduce greenhouse emissions (amongst agreements to extend visas and trade deals to eliminate tariffs on IT products).
Latin America often receives secondary attention with the world’s focus on the Middle East. For North Americans, however, issues with regional partners may have more weight on the average person in the U.S. and Canada than problems in Iraq and Ukraine.