EMerging Equity
Algeria
The Militarization Of The Middle East In Numbers
By Jeff Desjardins, Visual Capitalist The global arms trade is huge. While it’s hard to pin down an exact value of arms transfers, the Stockholm International Peace Research Institute estimates that the number was at least $76 billion in 2013, with the caveat that it is likely higher. The volume of transfers have been trending upwards now … 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
Oil Price Spillover Hits Africa Hard
By Lisa Steyn The decline in the oil price has plunged Africa’s oil and gas industry into dire straits, a situation exacerbated by factors such as uncertain regulation, corruption and the prospect of political and social instability. It is a particular burden on those economies most reliant on the industry for revenue, and could have … Continue reading
How Green Energy Will Change Africa
By Christine Mungai In 1977, the average price of generating energy from sunshine was $76.67 a watt. Today, the price has dropped to just $0.60 a watt. It’s a stunning 99.2% drop in 38 years, and solar energy is soon going to reach “grid parity” all over the world – the point where it is cheaper, or at … Continue reading
MENA Oil Exporters Need Swift Adjustment To Lower Prices, IMF Says
The Middle East and North Africa (MENA) region is experiencing a modest economic recovery, despite the sharp drop in oil prices and deepening conflicts, the IMF says in its latest regional assessment. The Regional Economic Outlook Update, released on May 5, projects that growth will increase slightly to about 3 percent in 2015 (see table). … Continue reading
Saudi Arabia: Next In The Crosshairs Of The Islamic State
By Chris Zambelis The meteoric rise of the Islamic State of Iraq and Syria, which has since styled itself the Islamic State in an affirmation of its broader aspirations of dominion over a self-declared caliphate beyond the territories where it exercises control, has aggravated the Middle East’s already treacherous geopolitical landscape. Having emerged out of conflict … Continue reading
New EU Energy Union Looks To Break Dependence On Russia
By Alina Yablokova and Global Risk Insights On February 25, the European Commission presented its Energy Union package of proposals, a first major step made by the European legislators to realise the strategy of coordinating the energy policies of the 28 EU member states. Indeed, the European Commission envisages a union that speaks with one voice … Continue reading
Low Oil Prices Could Shake Up Africa’s Petro States
By Jill Shankleman One in five African states produce hydrocarbons, and most of these are heavily dependent on oil and gas revenues to finance their governments and generate foreign exchange. Further, an emerging group of East African states are waiting on international oil companies to develop new oil and gas reserves. But Africa’s record using … Continue reading
Russia’s Putin, Venezuela’s Maduro To Meet For Talks On Oil, Finance – TASS
Russian President Vladimir Putin is due on Thursday to hold talks with his Venezuelan counterpart Nicolas Maduro, who will arrive in Russia on a working visit, presidential spokesman Dmitry Peskov has said. “In fact, President Putin plans to hold such a meeting on Thursday,” Peskov said, confirming earlier reports from Venezuelan sources. The sides will … Continue reading
Algerian Energy Minister Urges OPEC Cut To Prevent Deeper Crisis
Algeria has called for OPEC to cut oil production to raise prices and help a number of member countries from plunging deeper into crisis, according to Energy Minister Youcef Yousfi. “OPEC should intervene to correct the imbalances by cutting oil output to push prices up and defend incomes of the member countries,” Yousfi said during … Continue reading
Follow Us On Social Media
Our Discussion Groups
Our Social Media Readers
