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="5541316"]Competing projections for America’s future debts have emerged from the White House Office of Management and Budget (OMB) and the non-partisan Congressional Budget Office’s…
Moscow benefits most from the current stalemate between Iran and the West—providing it does not escalate into war or lead to Tehran’s acquisition of nuclear weapons. For this reason, Russian…
[escenic_image id="5537561"] Sovereign Debt and Market Confidence When EU Finance Ministers met in Brussels on 16 February to consider Greece’s budget deficit and public debt divergence from the…
[escenic_image id="5533406"]The past couple of months have seen the emergence of a surprising new internet music hit. The hit in question is a rap entitled Fear the Boom and Bust and is sung by the…
[escenic_image id="5530510"]The classical model for multilateral trade negotiations would include trade liberalisation through tariff reductions and elimination of non-tariff barriers. This model…
[escenic_image id="5526390"]We may be living in a high-tech world but agriculture remains the dominating sector in the Doha negotiations of the World Trade Organization (WTO). For almost a decade,…
[escenic_image id="5522874"]Is China about to revalue its national currency, the renminbi? As its economy heads into a second year of rapid recovery from the economic crisis, rumours are circulating…
[escenic_image id="5519557"]The Dubai World debt rescheduling certainly provided dramatic effect for newspapers and media outlets around the world. The economist titled its article about the Abu…
[escenic_image id="5520896"]‘It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of disbelief,…
[escenic_image id="5513439"]The world's tallest tower was inaugurated in Dubai, the UAE, on January 4. This article, however, has nothing to do with the elevation of the tower, which is 828 meters …
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.