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United Arab Emirates
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08 декабря, 16:14

UAE police head to US after Ohio police killing of Emirati

A state-owned newspaper in the United Arab Emirates is reporting that Abu Dhabi investigators are heading to the U.S. after police in Ohio shot dead an Emirati.

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07 декабря, 11:47

UAE calls Ohio police killing of Emirati ‘painful incident’

The United Arab Emirates has called the police killing of an Emirati man in Ohio a “painful incident” that the country’s diplomats would investigate, just months after another citizen of the U.S.-allied Arab nation was wrongly accused in Ohio of being an Islamic militant.

07 декабря, 01:31

Oil Reacts Stoically As API Reports Biggest Cushing Inventory Build Since 2008

This week’s American Petroleum Institution (API) report showed the second consecutive week of crude inventory draws that exceeded expert predictions. The report estimates a 2.21 million barrel drop in inventories, as opposed to the 1.37 million barrel decline expected by industry insiders. Meanwhile, the API estimates that supplies at the Cushing, Oklahoma, storage facility have risen by a massive 4.01 million barrels, as opposed to the 2.87 million unit rise that was forecasted—the largest build at the Cushing facility since 2008.…

06 декабря, 14:50

Can The Iranian Nuclear Deal Survive The Trump Presidency?

Donald Trump's shocking victory will bear important, albeit unclear, implications for a variety of America's bilateral relationships, few more important than its relationship with Iran and the impact that may have on the Joint Comprehensive Plan of Action (JCPOA). Throughout his campaign, Trump made no secret of his opposition to the deal. In March, when he addressed the annual AIPAC meeting in Washington, Trump declared that his "number-one priority is to dismantle the disastrous deal with Iran." Shortly after the news of Trump's victory, Reuters reported that the election's outcome had placed JCPOA on "shaky ground," and one knowledgeable commentator said simply "say goodbye to the Iran deal." Yet even if Trump takes action to retard JCPOA's implementation, he cannot single-handedly tear the nuclear deal to shreds. The JCPOA is not a bilateral agreement between Washington and Tehran, but rather one between seven governments, many of which do not share Trump's sentiments. While the U.S. has of course not hesitated historically to lead the charge and go its own way with respect to foreign policy, implementation of the JCPOA was not achieved without much multilateral effort, and it is presumed that most, if not all, of the other participants will not wish to squander the Agreement based on U.S. election promises or the whims of Mr. Trump. Assuming that Iran remains compliant with the JCPOA's terms, no one expects the Europeans to re-impose sanctions on Iran, even if the U.S. chooses to impose its own in response to ongoing ballistic missile tests, sponsorship of State Department-designated terrorist organizations such as Lebanese Hezbollah, and/or human rights abuses. That said, if the U.S. Congress votes to nullify the agreement and Trump formally does so, the other participants to the Agreement (most importantly, Iran) will no doubt be forced to consider the implications of such action on both the sanctity of the Agreement as well as the degree to which it is likely to remain in force should sanctions be re-imposed by Washington. It is also important to remember that even after Trump takes office, the rule of law will still prevail and Trump (and his Republican majority-controlled Congress) have many other 'priorities' that will take precedence over the JCPOA and America's relationship with Iran. As the EU continues to suffer from economic ills, Europeans have great incentive to take advantage of the opening of Iran's economy to increase their exports to a market of 80 million people, as major economic powers in the continent such as France, Germany and Italy did prior to the imposition of sanctions. It speaks volumes that after Trump's triumph, France's Total declared that the U.S. election "does not change anything", after the energy giant announced a major investment in Iran's gas sector. As many expected Hillary Clinton to become America's 45th president, although she backed the JCPOA, her hawkish rhetoric on Iran likely caused EU governments and companies concern about the potential risk of doing business with Iran from an international compliance standpoint. Trump's rhetoric is every bit as much of a concern to the EU as it is to Tehran for the same reason. Put simply, the European economy stands to benefit from the preservation of the JCPOA and Iran's reintegration into the global economy. Then there is Russia. Given that Trump has vowed to improve Washington-Moscow relations and partner with Russia to fight Islamic State in Syria, the Kremlin has vested interest in maintaining the JCPOA to ensure that the Middle East's balance of power does not shift against Iran. Moscow and Tehran have much common cause in the region and the two powers are largely working in tandem to advance their shared interests. As Syrian President Bashar al-Assad's rule remains threatened by foreign-backed Sunni militias, Vladimir Putin will probably use his leverage with Trump to pressure his administration to preserve the JCPOA. When all is said and done, Trump must seriously consider Moscow's concerns if he is to make good on his commitment to work with the Kremlin to counter radical Islam in the Middle East. After all, if Trump wants a reliable partner in Russia, and Moscow will expect something in return. However, Trump's rhetoric against the nuclear deal could impact the domestic political environment in Tehran by strengthening the arguments of Iran's hardliners, who have criticized Rouhani for trusting the U.S. enough to sign the JCPOA. As such factions in the Islamic Republic have their own interests in reversing the partial thaw in Washington-Tehran relations from the Obama presidency, it is unclear how Trump's triumph will shape Rouhani's political future, as he must convince Iranians before his reelection bid next year that the JCPOA served Tehran's interests. Iran's testing of ballistic missiles in the Persian Gulf, which the Obama administration has been duly noted and objected to, has potential by itself to reverse the improvement already seen in U.S.-Iran relations, with Rouhani paying a big political price. It is also unclear how the Islamic Republic will fit into the Trump administration's overall foreign policy agenda, given all the peripheral factors that will contribute to the decision-making process. Washington's defense and foreign policy establishment are overwhelmingly supportive of the JCPOA and regard it as a solid safeguard against Iran's ability to weaponize the country's nuclear program in the coming fifteen years. Given that the threat of a nuclear armed Iran was Israel's basis for issuing military threats against the Islamic Republic, efforts to undermine the JCPOA would perhaps further incentivize Tel Aviv to consider bombing Iranian nuclear facilities, as unlikely as this may now appear. Recall that the recently deceased Shimon Peres claimed that it was his intervention that ultimately stopped Bibi Netanyahu from doing just that. Peres is gone, but Netanyahu remains in power, and his dislike of the JCPOA remains undiminished. Despite appearances, a 'neo-isolationalist' Trump administration would presumably view negatively the implications of an Israeli strike on Iran, which would certainly require the U.S. to draw itself into a potentially new and catastrophic war in the Middle East. But the 45th president and his administration may have their own interest in not undermining the JCPOA. In sum, there could be much space between Trump's campaign rhetoric regarding the JCPOA and his decisions about the nuclear deal as president, when strategic considerations rather than anti-Obama/anti-Clinton talking points actually shape decision making. Trump has already backtracked and watered-down any number of other campaign promises, so it would not be unreasonable to assume that something similar may ultimately be expected vis-à-vis Iran and the JCPOA. Not only would a Trump administration's attempts to scrap the deal create new frictions in Washington's relations with the EU, Russia, and China, such efforts to undermine the JCPOA could complicate America's alliances with other major economic powerhouses (such as India, Japan, and South Korea) which were not part of the P5+1 but have much to gain from continuation of the JCPOA. Additionally, Washington's allies in the Arabian Peninsula (such as Saudi Arabia and the United Arab Emirates) which had reservations about the JCPOA's strategic ramifications- will likely have their own economic and political reasons to pressure the U.S. to keep it in place. At a time when geo-sectarian temperatures are rising in the Middle East, such a scenario poses a host of security risks for the six members of the Gulf Cooperation Council, which would find themselves in a vulnerable position should an Israeli-Iranian war erupt. However, Saudi Prince Turki bin Faysal is pushing hard in Washington for an American push to renegotiate the JCPOA and weaken Iran while softly pushing for a route to decrease sectarian tensions. Ultimately, as a highly divisive president-elect, Trump - who already faces major challenges to his legitimacy from large segments of the U.S. population - and his administration will have to tread carefully politically. Trump's mandate has little, if anything, to do with a more hardline stance against Iran. From a foreign policy perspective, it has much more to do with deepening cooperation with the Kremlin to counter Sunni extremists - itself a strategy which will unofficially lead to more U.S.-Iran alignment - even if that is not Trump's intention. He will have to work with a foreign policy and defense establishment which will resist any effort to unravel the internationally-backed Iranian nuclear deal, especially if Washington's close allies continue to find Tehran complicit with its terms. , Although Trump will likely attempt to reduce the pace of the JCPOA's implementation, it does not appear that the outcome of the U.S. presidential election will sound the death knell of the JCPOA. There are simply too many centrifugal forces working in favor of the JCPOA and against its nullification for that to happen. Giorgio Cafiero is the CEO of Gulf State Analytics (@GulfStateAnalyt). Daniel Wagner is the Managing Director of Risk Cooperative (@RiskCoop) and co-author of the new book "Global Risk Agility and Decision Making". A version of this article first appeared in the Atlantic Council's New Atlanticist. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

06 декабря, 13:00

Saudis Bankroll Taliban, Even as King Officially Supports Afghan Government

Saudi Arabia has voiced support for American efforts to nourish Afghanistan’s democracy, but it has also lavishly funded Sunni extremism under various guises.

06 декабря, 03:01

Theresa May urged to raise human rights concerns on Gulf visit

PM unveils joint security effort and says she will discuss rights as Bahrain cracks down on journalists and activistsTheresa May has been urged to confirm she will put human rights reform on her agenda when she meets Saudi and Bahraini leaders on Tuesday, after announcements on her two-day trip to the Gulf were squarely focused on trade and security. Rights campaigners in Bahrain argue that although the UK has been assisting Bahrain with judicial and police reform since 2012, current levels ofengagement on rights issues have not prevented crackdowns on journalists and pro-democracy activists in the country. Continue reading...

06 декабря, 02:27

Wikileaks: Turkish Energy Minister Indirectly Involved In ISIS Oil Trade

WikiLeaks published on Monday a searchable archive of nearly 58,000 emails from the private email account of Berat Albayrak - Turkey’s incumbent energy minister and son-in-law of Turkish President Recep Tayyip Erdogan – revealing the influence Albayrak has in Turkey and his correspondence regarding Powertrans, a company implicated in oil imports from ISIS-controlled oil fields. The emails encompass 16 years between April 2000 and September 23, 2016. A search by the ‘Powertrans’ keyword in the published WikiLeaks emails returns…

06 декабря, 01:31

Gulf Cooperation Council To Honor January Term Oil Contracts To Asia

Crude oil producers within the Gulf Cooperation Council (GCC) will honor the January term contracts for crude oil supplies to Asia, and would implement OPEC cuts on extra deliveries when necessary, S&P Global Platts reported on Monday, citing sources at Arab crude producers and Asian customers. Most of the state oil companies in the GCC – which includes Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Qatar, and Kuwait – sell most of their crude oil on a term basis, but additional volumes are usually sold on a case-by-case…

05 декабря, 20:01

Guide to Leveraged Oil ETFs (Revised)

Sentiments for oil have now turned extremely bullish especially after the OPEC reached a historic deal to cap its oil production for the first time in eight years.

05 декабря, 19:37

Opec Makes Elusive Deal To Curb Production

Against all odds, the Organization of the Petroleum Exporting Countries (OPEC) on Wednesday finally sealed its first deal in eight years to cut oil production, sending prices soaring. Oil began the week lower amid flagging expectations OPEC would reach an elusive compromise. We had seen the movie before - officials publicly expressing optimism only for negotiations to break down at the final hour due to disparate agendas and political tensions. This time oil ministers even began to downplay hopes early in the week. Russia, not an OPEC member but a major producer and necessary party to any agreement, announced it would not attend the crunch talks in Vienna. Saudi Arabia insisted the supply glut would work itself out naturally next year anyway, so a deal to curb production wasn't even necessary. Iran doubled down on the notion it wouldn't participate in any upcoming cut. Crude prices tumbled 5% on Tuesday as Goldman Sachs put the odds of an agreement at 30%. However, U.S. investors woke up Wednesday to shocking news a deal had been consummated, confounding critics writing the cartel's obituary. The agreed-upon cut, which reverses a two-year strategy of pumping at will, was OPEC's first since 2008 and the first to include Russia since 2001. OPEC producers agreed to collectively trim production by 1.2 million barrels per day, with non-OPEC producers pitching in an additional cut of 600,000 barrels per day. Russia agreed to make up half of the non-OPEC reduction. The total daily decrease of 1.8 million barrels represents around 2% of total world output. The only parties exempted from cuts were Nigeria and Libya, while Iran came out the big winner. The rising Middle Eastern power was permitted to raise its output to 3.8 million barrels per day, the special treatment provided justified by its recovery from economic sanctions. Saudi Arabia had sought to limit Iranian production to just over 3.7 million barrels. The Saudis bore the brunt of the cut, agreeing to reduce output by 486,000 barrels to just over 10 million per day. OPEC's second-largest producer, Iraq, had previously sought special considerations in order to fund its ongoing war with ISIS. It ultimately agreed to reduce output by 210,000 barrels per day. The United Arab Emirates and Kuwait contributed a combined 270,000 barrels per day worth of cuts. From its lows Tuesday to Friday's close Brent crude prices gained 15%, finishing the week at $54.46. Global energy stocks rallied in kind, among biggest winners being higher-cost U.S. shale producers. The agreement didn't get done without a bit of last-minute drama. In the wee hours of Tuesday morning ahead of the crucial meeting, OPEC members remained at odds over deal terms. Of particular concern was the lack of participation from Russia, a non-starter. However, a 2 AM (Moscow time) phone call between Saudi Arabian Energy Minister Khalid Al-Falih and Russian counterpart Alexander Novak reportedly broke the deadlock. Novak promised for the first time to curb production by 300,000 barrels, half of the desired non-OPEC total, if the cartel could iron out its own production cuts. With fresh impetus, Al-Falih took the Russian proposal into Wednesday's OPEC gathering and sealed a deal. Iraq was the last to come aboard. The war-torn country agreed to its first cut since 1998 after a phone call from Iraqi Oil Minister Jabbar al-Luaibi to Iraqi Prime Minister Haider al-Abadi. Iranian Oil Minister Zanganeh hailed the deal: "It's possible to be in the midst of rivalry and intense political differences and yet cooperate." As excitement over the agreement wore off, skepticism emerged about the sustainability of oil's rally. Morgan Stanley, Goldman Sachs and Japan's Mitsui & Co. all expect crude prices to once again retreat as U.S. shale drilling and Asian investment ramp up. Shale fields could bring operations back on line in as few as four months, with recent record-setting discoveries of new deposits only increasing American the potential for U.S. energy independence by as early as 2017. U.S. Economic Data Continues To Bounce Along The Bottom With December kicking off, it was a busy week for U.S. economic data. Headline numbers were solid but there were discouraging signs under the hood. Friday's jobs report revealed U.S. unemployment fell to a nine-year low of 4.6% after the economy added 178,000 non-farm payrolls (versus expectations for 180,000). The unexpected drop in the jobless rate stemmed from a sharper-than-expected decline in labor force participation, which slipped to 62.7%, its lowest level since the early 1970s. While the average length of unemployment fell to 26.3 weeks, its lowest level since August 2009, the statistic remains at elevated levels based on previous cycles. The last time unemployment clocked in at 4.6% was August 2007, at which time the average length of unemployment was just 17 weeks. Similarly, the percentage of workers out of a job for six months or more (24.8%) is much greater than it was the last time unemployment was this low (17.5% in August 2007). The divergence reflects a wide skills-gap in the U.S. economy, where workers don't have the proper training to fill available jobs. Also reflective of the mismatch between open jobs and eager workers is the fact the U.S. economy has added 638,000 part-time jobs over the last three months while dropping 99,000 full-time jobs. Still, the most disappointing aspect of the jobs report was wage growth. Average hourly earnings fell 0.1% in November (versus expectations for 0.2% increase). Economists expected year-over-year (yoy) wage growth to hit 2.8%, its highest level since the crisis, but due to November's decline only grew 2.5%. On the other hand, the lackluster wage growth will at least temporarily ease pressure on the Fed to accelerate its rate hike calendar for 2017. On a more positive note, GDP, manufacturing, consumer confidence and earnings data all came in better than expected. The second reading of U.S. GDP was revised up from 2.9% to 3.2% (versus expectations of 3.1%), the strongest gains in more than two years. The upward revision was almost entirely due to a rise in recorded personal consumption growth from 2.1% to 2.8%. The Commerce Department report also revealed after-tax earnings rose 5.2% in Q3, the first increase since 2014 and strongest growth since 2012. S&P 500 actual earnings, which strip out unusual items, grew 4.2% against expectations for a 2.6% increase. Growth would have been 7.9% if not for a 67% drop in energy sector profits. The Institute for Supply Managers (ISM) purchasing managers index (PMI) rose to 53.2 (versus expectations of 52.5). U.S. manufacturers have just begun to hit their stride after adjusting to the dollar's swift 2014 rally, only for the greenback's recent rise to potentially portend trouble on the horizon. Consumer confidence from the Conference Board also rebounded to a post-recession high, echoing last week's reading from the University of Michigan. In both surveys, consumers expressed relief over the conclusion of the U.S. election. The Fed's Beige Book, a collection of data from its 12 regions, showed a modestly improving economy but no signs of overheating. Economic readings this week do nothing to alter the Fed's thinking regarding a December rate hike, which is still perceived as a done deal. The question is whether the recent risk-on sentiment in financial markets is a leading indicator of faster growth. China Moves To Stem Tide Of Capital Outflows After seeing outflows accelerate in 2016, Chinese government officials are re-thinking their decision to sacrifice stability in order to liberalize its economy. Last year the reform-minded head of China's central bank, Zhou Xiaochuan, convinced the communist party to allow the renminbi to float more freely in hopes the IMF would recognize it as an official reserve currency. In making his case, Zhou downplayed the potential negative effects. However, the tsunami of capital leaving China via overseas acquisitions this year has caused officials to question the more open approach. China's State Council has begun to draft proposals (leaked this week to the press) designed to curtail cross-border deal-making. Chinese officials aren't just worried about currency outflows, they're also concerned panicked companies are making financially unsound deals. Non-financial outbound investments by Chinese companies measured almost $150 billion over the first 10 months of 2016 after finishing at only $121 billion in all of 2015. Money has been lavished by highly leveraged companies, for example, on foreign soccer teams and real estate properties. The proposed limits focus on large transactions (greater than $10 billion) but could target smaller deals outside of the expertise of acquirers' core businesses. Bank managers in Shanghai have reportedly been informed all cross-border payments exceeding $5 million will have to be approved by government officials. The rules could conceivably slow recent spending sprees by firms with opaque ties to the Chinese government like Anbang and Dalia Wanda, but the ambiguous regulatory procedures could simply allow the communist regime to pick winners and losers. Among the losers: wealthy Australians like Cate Blanchett who are now having trouble closing luxury real estate deals with Chinese buyers. Speaking of shadowy cross-border M&A from companies with ties to people high up in the communist party, Reuters this week uncovered a tangled web in regard to Canyon Bridge Capital Partners' $1.3 billion takeover of U.S.-based chip maker Lattice Semiconductor Corp. According to filings, Canyon Bridge is funded in part by cash originating from China's State Council. The Lattice transaction would be the largest attempted venture by a Chinese-backed firm into the U.S. semiconductor industry, raising potential national security concerns. The firm involved, China Aerospace Investment Holdings Ltd., also manages China Aerospace Science and Technology Corp. (CASC), which develops and launches rockets, manned spacecraft, satellites, strategic missiles and other weapons. Ironically, things in the Chinese economy are actually looking up. Industrial firms recorded a 9.8% year-over-year increase in profitability in October, thanks largely to rising producer prices. The official factory gauge climbed to 51.7 in November, the highest level since 2012. PineBridge Investments' Arthur Lau believes the top five Chinese banks could absorb the shock of a worst-case non-performing loan cycle over the next two-to-three years without hurting their capital or liquidity ratios. China's move to tighten capital controls reflects its manic approach to financial reform, and leaked reports of tighter capital controls could actually accelerate outflows because they exacerbate investor anxiety. The communist regime is not going to get the foreign exchange recognition it covets without learning to let go. Italian Constitutional Referendum Holds Key To European Banking Future After SkyBrief hits your inbox Sunday we'll learn the results of the Italian referendum on constitutional reforms. The outcome could shape the next wave of re-positioning in global markets. Polling is prohibited in the final two weeks of Italian political campaigns, but before the dark period commenced on November 19 the 'no' vote held a modest lead. If Italian voters reject the reforms, youthful Prime Minister Matteo Renzi has promised to step aside, paving the way for the country's nationalistic Five Star Movement - which seeks a referendum on EU membership - to grab power. The referendum will most directly affect Italian banks in the midst of audacious recapitalization efforts. Banca Monte dei Paschi di Siena just embarked on the first leg of its turnaround plan, swapping nearly $5 billion in junior bonds for equity. It took a sweetheart offer from the bank to get a deal done. The swap values Tier 2 bonds at 100% of face value despite them currently trading at half their nominal value. The debt-conversion will raise only one-fifth of the capital needed to put the bank on more solid financial footing, but paves the way for an attempted equity raise in late December of €4 billion - more than seven times the bank's current market capitalization. Monte dei Paschi Chief Executive Marco Morelli recently told aides the entire plan "is like making several holes-in-one in a row," according to sources with knowledge of the matter. If 'no' prevails in the referendum, the whole conversation could be moot. Fearful investors have piled out of Italian banking stocks ahead of Sunday's vote. The FTSE Italia All-Share Banks Index is down 12% in the past month and 20% since Brexit, while the spread between Italian and German government bond yields has widened to the most in more than two years. Not only could a 'no' victory roil the markets to the point of making an ambitious secondary offering untenable, it could set in motion a sequence of events causing European authorities to approve a modified bailout in order to prevent contagion in the bloc's banking system. Even Italy's largest bank, Unicredit, needs to offload €20 billion in bad loans and raise €13 billion to strengthen its balance sheet. The ECB reportedly stands ready to ramp up its purchases of Italian bonds in the event Sunday's vote triggers a spike in borrowing costs. However, if 'no' wins, global markets could be set for another volatile period. Rick Rieder, BlackRock's Global Chief Investment Officer of Fixed Income, has been buying European financial stocks ahead of the referendum, believing the worries are overdone. Meanwhile, unemployment in the euro zone dropped to 9.8%, its lowest level since July 2009. Euro-area inflation in November grew just 0.6%, giving the ECB cause to potentially extend its stimulus efforts at the much-anticipated December 8th meeting. The central bank's current asset-buying scheme is set to expire in March and investors have been probing for clues about its future plans. ECB President Mario Draghi continues to beat the drum about the risks of low growth, but the committee is running out of paper yielding enough to meet the constraints of its program. The ECB could be forced to tilt stimulus toward countries with higher borrowing costs - a scenario more likely if Italy becomes the next euroskeptic domino to fall. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

04 декабря, 18:00

May acknowledges human rights issues in seeking Gulf trade deal

PM travelling to Bahrain for Gulf Cooperation Council summit in pursuit of first post-Brexit trade deal with blocTheresa May has said the UK must not “turn our back” on the human rights abuses of foreign countries as she prepares to court Gulf states over a post-Brexit trade deal on a trip to Bahrain.The prime minister has been urged by campaigners not to set aside human rights concerns in pursuit of a potentially lucrative free-trade arrangement with Middle-Eastern countries. Continue reading...

04 декабря, 14:35

France pays £24m into new fund to protect cultural heritage sites

New programme aims to safeguard historical sites in war zones from destruction like that carried out by IsisFrance has committed $30m (£24m) towards protecting cultural heritage sites during wartime, the first step in the creation of an international fund aimed at preventing destruction like that carried out by Islamic State militants.François Hollande announced the contribution during a conference jointly organised by France and the United Arab Emirates in Abu Dhabi on Saturday. Backers of the Safeguarding Endangered Cultural Heritage conference hope to attract an initial $100m for the fund. Continue reading...

03 декабря, 18:02

Saudi king starts tour of Gulf Arab states with visit to UAE

Saudi Arabia’s King Salman has arrived in the United Arab Emirates to begin a regional tour aimed at strengthening relations with four neighboring Gulf allies.

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03 декабря, 16:34

France, UAE launch fund to protect monuments in conflict areas

DOHA (Reuters) - France and the United Arab Emirates on Saturday launched a $100 million fund to protect heritage sites threatened by extremism and conflict after the destruction last month of an ancient palace by Islamic State militants in Iraq.

02 декабря, 19:01

Destruction of heritage ‘a war crime’

THE creation of a US$100 million fund to protect and restore heritage sites threatened by extremism and conflict was on the agenda when representatives from dozens of countries met in Abu Dhabi yesterday. Their

02 декабря, 00:45

5 Oil Stocks to Shine on OPEC Deal

In a favorable turn of events for the beleaguered energy sector, the price of Brent crude -- the international benchmark for oil prices -- rose by more than 10% on Nov 30, 2016 to over $50 a barrel.

01 декабря, 19:16

OPEC Finally Cuts Output: Energy Stocks & ETFs Up 10% or More

Inside stocks and ETFs that are rallying hard and hit a 52-week high on OPEC output cut.

01 декабря, 18:04

Guide to Leveraged Oil ETFs

Sentiments for oil have now turned extremely bullish especially after the OPEC reached a historic deal to cap its oil production for the first time in eight years.

Выбор редакции
01 декабря, 13:16

Eyewitness: Dubai, United Arab Emirates

Photographs from the Eyewitness series Continue reading...

30 ноября, 18:27

What’s the Point of Isolating Cuba Again?

Since Fidel Castro died, Donald Trump and others have called for reversing Obama’s opening to the island. Fifty years of evidence suggests that won’t work.