OPEC Defeated By US Shale Oil? Major Arab Producers and Russia cannot dictate oil prices WASHINGTON – It seems that American shale oil producers, an assorted group of small and medium-sized firms which gained...
Where Is The New African Middle Class? Rosy predictions failed to materialize. Lack of basic resources like electricity prevent a real economic take-off WASHINGTON – In a recent article focusing on why the African middle class is still rather small, The Economist...
Endless Migration To Europe From Africa And The Middle East This is not just about Syrian refugees. This is an economic migration from poor countries WASHINGTON – The recent headlines and TV images about throngs of desperate Syrian families trying to board trains in...