INTERNATIONAL. Something extraordinary, albeit not unexpected, is happening in the Persian Gulf region. The United States, lacking a coherent strategy to deal with Iran and too distracted to develop one, is struggling to navigate Iraq’s fractious political landscape in search of a deal that would allow Washington to keep a meaningful military presence in the country beyond the end-of-2011 deadline stipulated by the current Status of Forces Agreement.
At the same time, Saudi Arabia, dubious of U.S. capabilities and intentions toward Iran, appears to be inching reluctantly toward an accommod
INTERNATIONAL. Whether by mere coincidence, strategic design or a blend of the two, there are as many winners as there are losers in the Iraq game. Russia knows this game well. The United States, the heir to the Sykes-Picot map, will be forced to learn it fast.
INTERNATIONAL. "We can work with Americans to end the insurgency in the Middle East," a senior Iranian official said, referring to events in Iraq. "We are very influential in Iraq, Syria and many other countries."
UAE. The event will take place in Dubai on 28 of May 2014; expert speakers from the US, Iran and the GCC will share the latest updates; Over 150 executives from across the GCC have already confirmed their participation.
INTERNATIONAL. Oman's plan to build a US$1 billion natural-gas pipeline from Iran is the latest sign that Saudi Arabia is failing to bind its smaller Gulf neighbours into a tighter bloc united in hostility to the Islamic Republic.
INTERNATIONAL. We have entered a new chapter in the history of central banking. This paradigm shift changes the policy tools that have traditionally defined the sphere of macroeconomic decision-making; We have built an economy that is now so leveraged that it needs zero percent interest rates just to tread water.
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."