Posts Tagged trade

Saudi Arabia Faces Challenges in the New Year

Saudi Arabia Faces Challenges in the New Year is republished with permission of Stratfor.”

By Michael Nayebi-Oskoui

The Middle East is one of the most volatile regions in the world — it is no stranger to upheaval. The 2009 uprisings in Iran and the brinksmanship of Mahmoud Ahmadinejad’s government were followed by the chaos of the Arab Spring, the spillover of the Syrian conflict into Iraq and a potential realignment of the U.S.-Iranian relationship. Unlike recent years, however, 2015 is likely to see regional Sunni Arab interests realign toward a broader acceptance of moderate political Islam. The region is emerging from the uncertainty of the past half-decade, and the foundations of its future are taking shape. This process will not be neat or orderly, but changes are clearly taking place surrounding the Syrian and Libyan conflicts, as well as the region’s anticipation of a strengthened Iran.

The Middle East enters 2015 facing several crises. Libyan instability remains a threat to North African security, and the Levant and Persian Gulf must figure out how to adjust course in the wake of the U.S.-Iranian negotiations, the Sunni-Shiite proxy war in Syria and Iraq, and the power vacuum created by a Turkish state bogged down by internal concerns that prevent it from assuming a larger role throughout the region. Further undermining the region is the sharp decline in global oil prices. While Saudi Arabia, Kuwait and the United Arab Emirates will be able to use considerable cash reserves to ride out the slump, the rest of the Middle East’s oil-exporting economies face dire consequences. Read the rest of this entry »

, , , , , , , , , , , , ,

No Comments

Iranian and US Citizens Plead Guilty to Export Violations

From FBI:

Two men pleaded guilty today to charges related to the unlawful export of aircraft and aircraft parts from the United States to Iran, announced David J. Hale, U.S. Attorney for the Western District of Kentucky; Lisa Monaco, Assistant Attorney General for National Security; and Perrye Turner, Special Agent in Charge, FBI Louisville Division.

, , , ,

No Comments

A Change of Course in Cuba and Venezuela?

A Change of Course in Cuba and Venezuela? is republished with permission of STRATFOR.

By George Friedman and Reva Bhalla

Strange statements are coming out of Cuba these days. Fidel Castro, in the course of a five-hour interview in late August, reportedly told Jeffrey Goldberg of The Atlantic and Julia Sweig of the Council on Foreign Relations that “the Cuban model doesn’t even work for us anymore.”

Once that statement hit the headlines, Castro backtracked. Dressed in military uniform for the first time in four years (which we suspect was his way of signaling that he was not abandoning the revolution), he delivered a rare, 35-minute speech Sept. 3 to students at the University of Havana. In addition to spending several minutes on STRATFOR’s Iran analysis, Castro addressed his earlier statement on the Cuban model, saying he was “accurately quoted but misinterpreted” and suggesting that the economic model doesn’t work anymore but that the revolution lives on.

Castro, now 84, may be old, but he still seems to have his wits about him. We don’t know whether he was grossly misinterpreted by the reporter during the earlier interview, was acknowledging the futility of the Cuban model and/or was dropping hints of a policy shift. Regardless of what he did or did not say, Castro’s reported statement on the weakness of the revolution was by no means revolutionary. Read the rest of this entry »

, , , , ,

No Comments