Europe/Middle East

  • Has ‘Partial Intervention’ In Syria Failed?

    Has ‘Partial Intervention’ In Syria Failed?

    Unlike recent military interventions in Mali or Libya, the West and its Middle Eastern partners have chosen to pursue a middle-ground approach in Syria by providing logistical aid to the various Syrian rebel factions, rather than intervening directly. This method of ‘partial intervention’ is likely to have long-term consequences for foreign powers, and particularly for Saudi Arabia.

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  • Turkey: The Big Winner In The Mediterranean Shale Game?

    Turkey: The Big Winner In The Mediterranean Shale Game?

    The Mediterranean has joined the shale game, but as most of Europe's Mediterranean countries drag their feet, all eyes are on Israel, Turkey, and Algeria.

    For Israel, it will be a slow road without the majors.

    For Algeria, it's full speed ahead, in theory—but the foreign interest is just dabbling for now due to a lack of shale infrastructure.

    For Turkey, the situation is more promising thanks to a renewed interest by the majors and a near-perfect blend of good governance and attractive fiscals. Here's what the playing field looks like:

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  • Could Europe’s Social Crisis Overshadow Its Economic Woes In 2013?: George Fried

    Could Europe’s Social Crisis Overshadow Its Economic Woes In 2013?: George Friedman

    For close to three years, the primary focus of European leaders has been to solve the region’s banking and sovereign debt crisis, which have caused a serious weakening of the economy and created massive unemployment in some countries. The same leaders however faces a larger problem in 2013: how to manage the social unrest across the continent as a direct consequence to the [mis]handling of the economic crisis.

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  • Cyprus: More Worrisome Than Greece?

    Cyprus: More Worrisome Than Greece?

    For more than a year now, Cyprus has been shut out of international capital markets after its banks suffered huge losses from their exposure to Greece. And while its finance ministry claimed on Tuesday that they had secured enough money to cover its immediate financial needs, the country’s long-term finance future remains in doubt – unless it can formalise an agreement to secure a credit line of up to 17.5 billion euros from its euro partners and the IMF.

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  • Another Eurozone Crisis In 2014?: Nouriel Roubini

    Another Eurozone Crisis In 2014?: Nouriel Roubini

    The tail risks of a Greek exit from the eurozone or a massive loss of market access in Italy and Spain have been reduced for 2013. But the fundamental crisis of the eurozone has not been resolved, and another year of muddling through could revive these risks in a more virulent form in 2014 and beyond.

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  • Egypt’s Energy Situation: Why Integrated Policies Are Needed For The Future

    Egypt’s Energy Situation: Why Integrated Policies Are Needed For The Future

    Egypt’s energy sector, specifically its electricity, oil and natural gas subsectors, is a large, important and promising part of the national economy. Egypt faces the challenges of growth in population, energy demand, and the energy production needed to meet its modern development goals. The economy is energy-intensive, especially the manufacturing and tourism components that together represented about 25 percent of GDP in recent years.

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  • Europe Trapped In Economic War Of Attrition: Mohamed El-Erian

    Europe Trapped In Economic War Of Attrition: Mohamed El-Erian

    Underlying tensions between European countries are gradually emerging as austerity measures imposed by richer economies exacerbate already painful recessions among indebted nations. But while the ECB has managed to stave off an outright economic war between its members for the time being at least, economic peace remains elusive – as long as the governments continue to dither and bicker over long-term solutions.

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  • Catalonia’s Calls For Independence – Can Parallels Be Drawn With Gaza?

    Catalonia’s Calls For Independence – Can Parallels Be Drawn With Gaza?

    Barcelona (in Catalonia) and Gaza (in Palestinian territories) may be roughly 3,000km apart, yet the independence movements rising from both regions share similar roots; The idea of romantic nationalism has driven their inhabitants to challenge the legitimacy of their ruling state, demanding liberation and the right to their own authentic nationalism.

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  • The Faux French Socialist & The Reawakening Of Europe’s ‘Genuine Left’

    The Faux French Socialist & The Reawakening Of Europe’s ‘Genuine Left’

    François Hollande’s rise to power in France was supposed to herald the re-emergence of Left-wing politics in Europe. But with the French Socialist Party now falling in line with the neoliberal austerity agenda, other ‘Genuine Left’ parties across Europe have begun to gain greater prominence, particularly in Greece where austerity policies remain deeply unpopular.

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  • The Power of Qatar’s Money: How A Tiny Nation Can Wield Large Influence In The M

    The Power of Qatar’s Money: How A Tiny Nation Can Wield Large Influence In The Middle East

    Qatar may be one of the smallest nations in the Middle East (both in population and land area), but its immense wealth – stemming from its natural gas reserves – has made it one of the biggest geopolitical players in the region. Amid the conflicts in Egypt, Libya and Syria, the ever-extending influence of the Qatari Riyal has ensured that the nation’s interests are always protected, both at home and abroad.

    The first concern of the Emir of Qatar is the prosperity and security of the tiny kingdom. To achieve that, he knows no limits.

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