Is the new OPEC+ deal a win for Russia?
The new OPEC+ deal has some advantages for Russia but some of the potential long-term implications may be dire for Moscow.
The new OPEC+ deal has some advantages for Russia but some of the potential long-term implications may be dire for Moscow.
What are the medium-term implications of Saudi Arabia’s oil price war with Russia? Ahead of the OPEC+ deal, Karen Young took to Carnegie’s Middle East Diwan blog to argue that without an agreement among all major players to curtail production, the global oil market will be transformed by shut-ins. Protectionist policies could increase, limiting global trade. For Saudi Arabia, the domestic economy will suffer. Across the Gulf Cooperation Council, access to debt markets will hit Bahrain and Oman the hardest. Iraq’s key source of revenue will be devastated, hindering its ability to pay public-sector wages, among other essential obligations. As a result, Iran will likely become more belligerent. Read here.
It's Time to Close the Arab League By Dr. Frank Musmar, April 7, 2020
EXECUTIVE SUMMARY: The Arab League has been an abject failure on every metric throughout its existence. As it is apparently constitutionally incapable of serving the better interests of its member states, it should be shut down.
Continue to full article ->
EXECUTIVE SUMMARY: The Arab League has been an abject failure on every metric throughout its existence. As it is apparently constitutionally incapable of serving the better interests of its member states, it should be shut down.
Continue to full article ->
Westrop on How Western Governments Empower Islamists by Gary C. Gambill
Middle East Forum Webinar
April 7, 2020
https://www.meforum.org/60672/westerners-have-empowered-islamists
Middle East Forum Webinar
April 7, 2020
https://www.meforum.org/60672/westerners-have-empowered-islamists
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