Maria Dubovikova The effectiveness of sanctions against Russia is debated all over the West. Some acknowledge that they do not work, and say it is time to launch a dialogue instead. Others argue that the sanctions have not achieved any visible results so far because they are insufficient, …
Read More »Gas and oil diplomacy in Eastern Mediterranean prelude to regional war
The Middle East has undergone major vicissitudes following the “Arab Spring” demonstrations. The Mideast is one of the most important regions in the world and the stability of which is mandatory to peace and stability in the world. Since 2011, the Middle East has entered a state of …
Read More »The Middle East Is Expected To Become A Tourist Hotspot By 2030
The MENA region is anticipated to receive 195 million tourists within the next 13 years Despite many countries being marred by political conflict and violence, the Middle East and North Africa region is expected to become a popular tourist destination within the next 13 years. The region, often referred to …
Read More »Iran’s Surprisingly Strong Geopolitical Hand
While the short-term outlook still looks uncertain for Iran, the larger fundamentals hugely favor it. Saudi Arabia’s King Salman hopes to exploit a window of opportunity while in Beijing to loosen China’s affiliations with Iran. But he faces long odds. The Saudi battle with Iran is fundamentally unequal …
Read More »Canada on target to allow 300,000 migrants into the country by 2017
It is the first time since 1913 that Canada has resettled over 300,000 new permanent residents in one year. Canada’s government has reportedly pledged to keep to its target of accepting 300,000 immigrants over the next year, with the total number above the average of 259,542 immigrants admitted …
Read More »Eurozone Banks to Tighten Access to Corporate Lending
Eurozone banks are set to tighten access to corporate credit for the first time in 2-1/2 years as they become more wary of risk and negative interest rates eat into their profit, a European Central Bank survey showed on Tuesday. Banks stopped easing credit standards for enterprises in …
Read More »Trump-Clinton Won’t Be a Landslide. The Economy Says So
While Hillary Clinton is the consensus of most Democrats, from activists on up to the establishment, Donald Trump is the Republican candidate whom many Republicans want to avoid. His feuding with the Bush family and the pointed nonendorsements from Ted Cruz and Mitt Romney brought about a contentious …
Read More »Globalization and the West: Coping With the Politics of Anger
For better or worse, we are living in exciting times. On the one hand, globalization and rapid technological change are creating huge opportunities. On the other hand, the gains are not evenly distributed. The major winners are: 1. Hundreds of million people in formerly closed economies who have been …
Read More »Reconstruction of war-torn Yemen ‘could cost $15 billion’
The reconstruction of war-torn Yemen could cost $15 billion, a cabinet minister said on Tuesday, citing a multilateral institution. “The World Bank estimates… $15 billion,” Abdulraqeb Saif Fateh, Yemen’s minister of local administration, told AFP on the sidelines of a workshop on Yemen’s post-war recovery. He gave no …
Read More »