Analysis

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Why the Russian oil price cap won’t work

Why the Russian oil price cap won’t work

First floated by U.S. Treasury Secretary Janet Yellen, the idea of capping Russian crude oil exports had a dual aim: keeping Russian oil flowing abroad, which would set a ceiling on prices, and at the same time reducing Russia’s oil …

US ramps up China tech sanctions

US ramps up China tech sanctions

In another step aimed at stifling China’s technological advance, the US Department of Commerce has decided to restrict shipments of advanced graphics processing units (GPUs) designed by American companies NVIDIA and AMD to China. The US …

Chevron wants to play bigger role in Venezuela

Chevron wants to play bigger role in Venezuela

Chevron Corp has asked the U.S. government to expand its license to operate in Venezuela after the oil major agreed with state-run PDVSA to revamp joint ventures in the sanctioned country

Poland demands $1.3 trillion from Germany

Poland demands $1.3 trillion from Germany

Jaroslaw Kaczynski, leader of the Law and Justice party, announced the huge claim at the release of a long-awaited report on the cost to the country of years of Nazi German occupation

Afghan aircraft may be sent to Ukraine

Afghan aircraft may be sent to Ukraine

A more likely outcome is that the Afghan Mi-17 helicopters in Uzbekistan and Tajikistan will be turned over to those respective domestic militaries

Dollar's era comes to end

Dollar's era comes to end

In August, as the dollar surged to levels last seen nearly 20 years ago, analysts invoked the old Tina (there is no alternative) argument

Egypt looks further afield for wheat

Egypt looks further afield for wheat

Egypt recently bought 240,000 tons of wheat from Russia directly, as the government continues to work on plans to avert a food crisis and preserve local supplies

Inflation-scarred consumers fuel Turkish economy by spending

Inflation-scarred consumers fuel Turkish economy by spending

Turkey’s economy lurched forward at a faster rate than expected, as the highest inflation in 24 years prompted consumers to bring forward purchases in anticipation of steeper prices ahead. Gross domestic product rose an annual 7.6% in …

Iran ends its years-long ban on car imports

Iran ends its years-long ban on car imports

After more than four years, the first foreign-made cars are expected to be imported into Iran within months, with hopes that the move can help a chaotic market tormented by monopolies and affordability issues

How will Iran’s return to oil markets impact prices

How will Iran’s return to oil markets impact prices

The United States and Iran are in the final stages of agreeing on a new nuclear deal that could see the return of Iranian crude on international markets, which some analysts say would result in downward pressure on oil prices–an …

Is Libya at the brink of another war?

Is Libya at the brink of another war?

Six months ago, the Libyan House of Representatives approved the new government's composition headed by Prime Minister Fathi Bashaga