A Bonapartist in the Indian Ocean Asia Times | By M K Bhadrakumar | When a tea sapling was brought into Ceylon - present-day Sri Lanka - in 1824 from China and planted in the Royal Botanical Gardens, the British had no commercial interests in mind. It took another 40 years before a plucky Scotsman planted the first seedling, which blossomed in...
OPEC not likely to cut output at Vienna meeting Daily Star Lebanon | Oil prices high enough to avoid tightening budget | Monday, September 07, 2009 | - Powered by | William J. Cole | Associated Press | | VIENNA: With oil prices about where OPEC wants them and a modest economic upturn in the offing, the oil cartel isn’t likely to tighten the taps ...
A Bonapartist in the Indian Ocean Asia Times | By M K Bhadrakumar | When a tea sapling was brought into Ceylon - present-day Sri Lanka - in 1824 from China and planted in the Royal Botanical Gardens, the British had no commercial interests in mind. It took another 40 years before a plucky Scots...
Yemen's Past and the Gulf's Future Khaleej Times The ancient walled city of Sanaa is a stunning architectural phantasmagoria, a magical maze of souks, mosques, medieval mudbrick palaces and latticed windowed, gingerbread houses largely untouched by mass tourism. | Yemen, the ancestral homeland of O...
NZ agrees trade deal with six Gulf states NZ Herald 4:00AM Tuesday Nov 03, 2009 | By | New Zealand has successfully concluded negotiations for a free trade agreement with six oil-rich Gulf states, Trade Minister Tim Groser announced yesterday. | The Gulf Co-operation Council (GCC), made up of Saudi Ar...
Kuwait sovereign fund denies losing 94 bln dlrs Middle East Online | KUWAIT CITY - Kuwait Investment Authority (KIA), the Gulf state sovereign wealth fund, on Tuesday denied a United Nations claim its assets slumped by 94 billion dollars due to the global financial crisis. | KIA acting managing director Othman Ibrah...
Wealth funds post big losses Business Report | Sovereign wealth funds of four oil-exporting Persian Gulf states lost around $350 billion (R2.5 trillion) last year due to the global financial crisis, the UN Conference on Trade and Development (Unctad) said in a report yesterday. However, the fun...
Gulf sovereign funds lost $350 bln in global crisis Middle East Online | KUWAIT CITY - Sovereign wealth funds (SWFs) of four oil-exporting Gulf states lost around 350 billion dollars last year due to the global financial crisis, according to a UN report. | However, the funds -- those of Saudi Arabia, Kuwait, Qatar and A...
The Puzzle Over Oil Revenues Middle East Online | Who dares predict what revenues oil producers will earn from oil and gas exports in ten, twenty or thirty years’ time? The last couple of years have provided a sobering lesson in the extreme volatility of oil prices -- soaring to close to $150 a barrel, before slumping to around $35, and then reviving to just under $80 today. | So what will the f...