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March 6, 2020

Sub-Saharan Africa
Africa Confronts Falling Oil Prices Amid Coronavirus

The new coronavirus has led to a slowdown in economic activity in China and East Asia more broadly. The global price of oil has now fallen to $53 a barrel. This is beginning to affect the oil-exporting countries of Africa. According to Africa Confidential, three-quarters of Nigeria’s and Angola’s oil production ear-marked for export in April is unsold. Similar deficits are reported from Chad, Republic of Congo, and Gabon.

A man arranges Agip drums at an oil station and depot in Nigeria's capital Abuja, on June 19, 2009.

May 21, 2024

Israeli-Palestinian Conflict
On "Outside Agitators" and Gaza Protests

Half of those arrested during disruptive Gaza protests on U.S. campuses were not students or faculty members. 

On "Outside Agitators" and Gaza Protests

January 20, 2022

Economics
Robert E. Rubin: The Challenges and Future of Capitalism in the United States

There are many critical challenges for the U. S. economy that markets, by their nature, will not address. In this sense, the future of American capitalism thus depends on the future of American polit…

September 6, 2019

Zimbabwe
Good Riddance to Zimbabwe’s Robert Mugabe

During his thirty-seven years in power in Zimbabwe, he committed virtually every human rights violation there is. His hands were awash in the blood of Zimbabweans. Fanning and exploiting racial and class differences, he destroyed the country’s economy, once on the cusp of being one of Africa’s most developed, driving out commercial white farmers. By the time he died, Zimbabwe was an international pariah, an economic basket case, and many or most of the country’s most educated and productive citizens had left the country.

Robert Mugabe stands in front of a blurred out, saluting soldier.

March 10, 2020

Saudi Arabia
Why Current Saudi-Russia Oil Price War Is Not Déjà Vu

It’s happened several times before: geopolitical tensions between Saudi Arabia and Russia have led to a dramatic drop in oil prices in years past. But the breakdown in Saudi-Russian cooperation in oi…

A gas station worker wearing a protective face mask sits next to a petrol station, after Saudi Arabia imposed a temporary lockdown on the province of Qatif following the spread of coronavirus, in Qatif, Saudi Arabia March 9, 2020. REUTERS/Stringer

September 9, 2019

Saudi Arabia
Saudi Arabia’s Oil Vision and the Oil Price Cycle

Saudi Arabia’s oil industry is on the move with strategic changes in leadership, investments, and a broadening of its global businesses. The moves, which include larger investments in refining and pe…

Saudi Arabia's new Energy Minister, Prince Abdulaziz bin Salman takes a tour at the exhibition during the 24th World Energy Congress in Abu Dhabi, United Arab Emirates September 9, 2019. REUTERS/Satish Kumar