Major Economic Reforms In Saudi Arabia? Prince Mohammed would like to see quick modernization. It will not happen WASHINGTON – What is going in Saudi Arabia? Probably too much. We have now an odd stew of engineered...
Emerging Markets Crisis Dragging Down The Global Economy Commodities prices collapse exposing trillions of dollars of bad debt. Negative ripple effects WASHINGTON – Will emerging markets in crisis drag down the global economy? Probably not. But they have added and...
Ayatollah Khamenei Warns About US “Deceit And Treachery” Open anti-Americanism still the norm in Tehran. Is this the new era in US-Iranian relations? WASHINGTON – According to Reuters, Iran’s Supreme Leader Ayatollah Ali Khamenei on Tuesday approved the lifting of sanctions against...
“The Economist” Mocking China Front page illustraation showing a scared dragon going downhill while a disheveled President Xi tries to stay on the saddle WASHINGTON – It is no surprise that The Economist‘s cover this week is about China. The Shanghai Stock Market...
By Showing Captured US Sailors Iran Scored A Huge Propaganda Victory The video showing US sailors taken prisoners was released in order to openly humiliate America WASHINGTON – Two small US Navy boats drifted off course while sailing in the Persian Gulf and ended up...
Why Self-Driving Cars? Upgrade Bus Networks Instead The problem is not that cars are not efficient. The problem is that there are too many cars. WASHINGTON – The ongoing buzz about the marvel of “driverless cars” soon hitting the roads is a bit too...
How Much Overcapacity In China? Monstrous Cement production went beyond any thinkable measure WASHINGTON – It has been said many times that the recent commodity prices collapse is due to sudden lack...
Immigrants No Longer Welcome in Europe A few instances of criminal behavior gave a bad name to all new comers WASHINGTON – Predictably, the European refugee problem has turned into a major Europe-wide political crisis. Anti-immigrant, far right political...
China Worries Fostered By Unreliable Government Data Analysts tend to think the worst when something unusual happens WASHINGTON – What’s going on in the Chinese economy? Nobody knows, really. We get bits and pieces; but not...
The West Is Impotent Regarding North Korea Kim Jong Un has atomic weapons; but he runs an impoverished country, with a decrepit economy WASHINGTON – North Korea is at it again. Apparently dictator Kim Jong Un ordered another atomic test, claiming that...