Tag Archives: Middle East

Saudi Arabia and its Sunni allies may right now be boosting oil production, aiming to plunge the market price to as low as US$60 per barrel. The ultimate goal is to cripple the economies of Shiite Iran and Iraq, an insider view suggests. The insight comes from Barton Biggs, hedge fund manager running Traxis Partners, who spoke with a Saudi …

The Palestinians won't achieve statehood, but they will consign the 'peace process' to history. The Palestinians won't get a state this week. But they will prove – if they get enough votes in the General Assembly and if Mahmoud Abbas does not succumb to his characteristic grovelling in the face of US-Israeli power – that they are worthy of statehood. And …