By Nomi Prins with Craig Wilson | (Tomdispatch.com) | – – There’s a pile of money hiding offshore. It’s true that jobs are also leaving the United States because American companies find it convenient to cut labor costs by moving manufacturing abroad, the economic issue you’re hearing most about in this election season. But the […]
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Investment
The Chinese are Coming: First ‘New Silk Road’ Train reaches Iran’s Capital
By Juan Cole | (Informed Comment) | – – In a sign of China’s increasingly powerful role in Central Asia and the Middle East, on Tuesday a Chinese train arrived in Tehran after a 14-day journey. The freight train just used existing rail links to go from China to Kazakhstan, then to Uzbekistan, then Turkmenistan, […]
Investing in Iran after Deal? Be careful of doing business with the Revolutionary Guards
By Mohammad M. Hedayati-Kakhki | (The Conversation) | – – The merest hint of a successful deal over Iran’s nuclear programme is enough to get people excited. And as the country emerges from economic isolation, nowhere is the enthusiasm more keenly felt than in the huge oil firms with a chance to make a splash […]
Thanks to Sanders, Democratic Party Just Debated Capitalism
By Sarah Lazare, staff writer | ( Commondreams.org) | – – Presidential hopefuls broke usual parameters of discourse when they debated capitalism versus socialism Tuesday night. Breaking the usual parameters of election season discourse, Democratic presidential hopefuls Tuesday night debated the merits of capitalism on the national stage—a development that many attribute to the candidacy […]
As Oil Prices Crater, Algeria needs an Actual Economy or big Trouble Looms
By Allan Christelow | (Informed Comment) | – – Like other oil producers, Algeria faces difficulties with the sharp decline in prices since 2014. But unlike oil producers in the Gulf region, Algeria has a strong tradition of public discussion, a tradition that has managed to survive the concentration of wealth in the hands of […]
As GOP fumes re: Iran, Russia & China are outflanking West with New Eurasia Silk Road
By Pepe Escobar | ( Tomdispatch.com) | – – Let’s start with the geopolitical Big Bang you know nothing about, the one that occurred just two weeks ago. Here are its results: from now on, any possible future attack on Iran threatened by the Pentagon (in conjunction with NATO) would essentially be an assault on the planning […]
Are Arab Oil Monarchies divided over Iran Deal?
By Juan Cole | (Informed Comment) | – – The Gulf Cooperation Council (GCC) comprises Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates and Oman. In recent years it has faced severe internal divisions, especially a Saudi-Qatar split over the Muslim Brotherhood, which Riyadh wanted to crush but which Qatar generally has supported. After […]
It’s the Economy, Stupid!: Tunisia’s fight against Terrorism requires a jobs program for its Youth
By Alexander Martin | (The Conversation) | – – To anyone who has followed Tunisia’s journey since it became a democracy, the horrific events in Sousse were shocking, but not surprising. This is a country still struggling to keep itself safe and address its internal destabilising forces. The 100 days since the Bardo museum attacks […]
5 Radical Takeaways from the Pope’s Letter on Climate
By Janet Redman | (Foreign Policy in Focus) | – – Francis recognizes that there’s no way to stop climate change without confronting the way the world does business. That’s huge. Pope Francis just released an “encyclical,” a letter meant to serve as a guide to understanding our personal relationship to some of the most […]