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="55220796"]You are an accountant tasked with evaluating the world’s largest conglomerate. Its finances are so poorly managed that they have been rendered all but unintelligible each…
[escenic_image id="55217664"]Chinese construction giants charged with realizing Algeria’s project to create the longest highway in Africa have yet to pay Algerian construction companies in their…
[escenic_image id="55199462"]If one thing is clear about the outcome of the G20 meeting in Seoul, South Korea, it is that the United States left the summit worse off than it began. China and Germany…
[escenic_image id="55193060"]Back in 2007, before terms like subprime mortgages and credit default swaps entered our vernacular, the world’s policymakers found themselves facing a far more basic, if…
[escenic_image id="55180075"]That many countries have gradually turned to migrant remittances as a form of development finance is no secret. Migrant remittances make up an important component of…
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Recent reports of an escalation in Saudi Arabia’s rate of inflation have raised concerns that the kingdom may be on the verge of careening into another bout of high…
[escenic_image id="55165715"]Throughout his stellar 15-year career as arguably the greatest tennis player in history, Pete Sampras wielded the same, archaic Wilson Pro Staff 6.0 racquet, which he…
[escenic_image id="55163795"]Sadly, there are no limits to how much careless Afghan leaders are willing to gamble with their country’s fate for personal gain. The recent takeover of Kabul Bank to…
[escenic_image id="55160305"]Yes, he is the father of the euro, the European currency. Not only did Dr. Theodor Waigel propose the name of the currency in 1995 while serving as German finance…
[escenic_image id="55158781"]A lot has been written over the past several months about Iran's trade relations with the BRICs, referring to Brazil, Russia, India and China, and Persian/Arabian Gulf…
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.