EMerging Equity
Kuwait
In First Law Of Its Kind, Kuwait To “DNA Tag” Everyone Like Cattle, Including All Tourists
By Melissa Dykes I know, I know, this really hinders your Kuwait travel plans. In the first law of its kind anywhere in the world, Kuwait has decided it will not only “DNA tag” everyone presently in the country as part of a new “integrated security database,” but all tourists will be required to submit a … Continue reading
Perfect Storm For Oil Started On Schedule And Continues To Build
By David Haggith, The Great Recession Blog The perfect storm I predicted against the price of oil in the Ides of March has not fully developed, but all the forces I spoke of are continuing to build. The balmy days that prevailed for oil prices in early March have gone away, replaced by a downdraft that is once again suppressing prices … Continue reading
OPEC’s Doha Dilemma: 3MB/D U.S. Lock In?
By Eugen von Böhm-Bawerk Another month, another flight to Hamad international airport for 17th April after initial agreement to hold ‘upstream horses’ in February 2016. While it’s no doubt great fun getting back into the OPEC ‘masters of the oil universe’ routine, second time round, the stakes are rapidly rising in Doha given another supposed ‘freeze’ … Continue reading
Supply Problems In Iraq Boost Crude To $37
Oil prices rallied as OPEC crude output fell by 280,000 barrels per day (bpd) in February, according to a Reuters survey. The main reason is an involuntary disruption of supplies from a pipeline in Iraqi Kurdistan that was recently pumping about 600,000 bpd. The pipeline has been offline since February 17 and could stay closed … Continue reading
World War 3 Could Start This Month: 350,000 Soldiers In Saudi Arabia Stand Ready To Invade Syria
By Michael Snyder 350,000 soldiers, 20,000 tanks, 2,450 warplanes and 460 military helicopters are massing in northern Saudi Arabia for a military exercise that is being called “Northern Thunder”. According to the official announcement, forces are being contributed by Saudi Arabia, the United Arab Emirates, Egypt, Jordan, Bahrain, Sudan, Kuwait, Morocco, Pakistan, Tunisia, Oman, Qatar, Malaysia … Continue reading
Sovereign Wealth Funds In The New Era Of Oil
By Rabah Arezki, Adnan Mazarei, and Ananthakrishnan Prasad As a result of the oil price plunge, the major oil-exporting countries are facing budget deficits for the first time in years. The growth in the assets of their sovereign wealth funds, which were rising at a rapid rate until recently, is now slowing; some have started … Continue reading
Flying Blind: Gulf Subsidies Debate Ignores Regional Realities
By Francis Wilson The ongoing debate over the fairness and transparency of state-owned enterprises (SOEs) in the Middle East intensified in March when three of America’s largest airlines entered the fray. In a 55 page white paper released to the public in April, American, Delta, and United attacked what they believed to be the unfair business … Continue reading
EU Agrees To Relocate 60k Migrants In 2 Years While Attacks In France, Tunisia And Kuwait Prompt Fears Of Jihadist Influences’
Originally posted on Global News:
BRUSSELS – European Union leaders have agreed to relocate 40,000 migrants from Italy and Greece to other EU countries over the next two years, in an effort to share the burden of a growing migrant crisis. WATCH: Canadian doctor taking part in mission to rescue migrants EU President Donald Tusk said…
Saudi Arabia, Gulf Allies Launch Military Operation In Yemen As Civil War Ignites Regional Firestorm
Saudi Arabian forces, joined by nine other Gulf Arab allies, have launched a military operation in Yemen against Shiite Houthi rebels, the Saudi ambassador to the U.S. said. According to Ambassador Adel al-Jubeir, the military operation in Yemen started at 7 p.m. EST (11 p.m. GMT) on Wednesday night. Adel al-Jubeir said that Saudi Arabia … Continue reading
Egypt Unveils Plans To Build Massive New $45 Billion Capital City
Egypt has unveiled an official plan to construct a massive new capital city in a deal which could cost $45 billion. The new capital city, which will be located next to Cairo, will be constructed with funding from Gulf states and will house five million people. The announcement came as Egypt hosted a major high profile international investment summit, Egypt The Future: Egypt … Continue reading
Follow Us On Social Media
Our Discussion Groups
Our Social Media Readers
