Closing the Strait of Hormuz has shown how the Gulf should shift from an oil-export model to a digital and distribution hub. Will this trigger the long-delayed free trade agreement with China?
[escenic_image id="5587211"]On 29 June 2010 Taiwan and mainland China signed a historic bilateral agreement that paves the way for closer economic cross-Strait ties. The Economic Co-operation…
[escenic_image id="5584039"]It’s all but official. Some of the world’s biggest oil producers grouped in the Gulf Cooperation Council (GCC) face higher future energy costs now that cheap natural gas…
[escenic_image id="5579402"]The year is 1988. The Soviet Union lives on and the Berlin Wall has not yet fallen. Two years before, the great historian Paul Kennedy published a book (The Rise and Fall…
[escenic_image id="5522874"]When Group of 20 leaders met in London in April last year in the teeth of the global economic crisis, they displayed impressive common purpose, pledging rapid and…
[escenic_image id="5567722"]The Middle East has emerged from the recent global economic crisis in better shape than most other regions. It successfully maintained positive economic output throughout…
[escenic_image id="5562312"]A conspicuous if not shocking feature of today’s world is its unambiguously upside-down state. While various industrialized countries find themselves on the verge of…
[escenic_image id="5557825"]Return on Equity (RoE) is one of the most well used metrics employed by listed companies and investors as a method of communicating whether there is a “reasonable rate of…
[escenic_image id="5557809"]In a global economy still inching its way out of a recession, Greece’s recent debt crisis has imbued trade floors with a fresh wave of uncertainty. Even with a $1 trillion…
[escenic_image id="5550355"]“The Balkan region produces more history than it can consume.” Even though one may find Winston Churchill’s famous observation unpalatable by today’s code of political…
[escenic_image id="5526390"]The EU does not quite match the American sense of mission. Even when the European heads of state give their history-laden speeches, they do not cast Brussels as the…
Disruption in the Hormuz can have major implications for global trade, but it also creates opportunities for smaller nations like Iran to become global political players
The Iraq war was viewed as disastrous in retrospect, while the Iran war was unpopular from the get-go. Al Majalla highlights the similarities and differences between the two.
Pipelines have a chequered history in the Middle East, but the closure of the Strait of Hormuz has led US Tom Barrack to conclude that a new route through Syria could solve some problems.