Economics

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 …

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 …

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 …

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 …

This is the season of “resetting” if seen from the angle of Syria’s stormy weather. The US seems to be stepping back from its unrealistic rush to enact an elusive ceasefire even at the expense of giving the Russians more space to lead, the Russians understand that if …

Oil rates have recently witnessed fluctuations after reported intentions of Saudi Arabia and Russia cutting back their production to support oil prices. Rates increased after OPEC announced collaboration supporting oil prices side by side with extra-OPEC producers. London and New York based oil markets had closed weekly trade …

F. William Engdahl If there is any single price of any commodity that determines the growth or slowdown of our economy, it is the price of crude oil. Too many things don’t calculate today in regard to the dramatic fall in the world oil price. In June 2014 …