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December 30, 2011

Middle East Matters This Week: Escalating U.S.-Iranian Tensions in the Gulf

Iranian military personnel participate in the Velayat-90 war game in an unknown location near the Strait of Hormuz in southern Iran on December 30, 2011 (Hamed Jafarnejad/Courtesy Reuters). Signific…

Middle East Matters This Week: Escalating U.S.-Iranian Tensions in the Gulf

July 27, 2011

Human Rights
Egypt: Her Excellency, Madame President?

Women show ink on their fingers after they cast their ballots in the second round of Egypt's parliamentary election in Egypt (Asmaa Waguih/Courtesy Reuters) My friend, Bassem Sabry, weighs in on…

Egypt: Her Excellency, Madame President?

May 6, 2008

Financial Markets
Saudi Arabia to implement an IMF style fiscal austerity program with oil at $120?

Oil is trading above $120. Saudi Arabia exports more oil than anyone else.     It isn’t unrealistic to think the Saudis oil export revenue could approach $400 billion a year if oil stays above $120…

November 18, 2007

Financial Markets
The Gulf seems determined to let everyone take a punt on a December revaluation

Note: This is Brad Setser, Not Michael Pettis The heads GCC countries will meet in early December.  They are expected to announce that the launch date of their currency union will be delayed – and pr…