By rejecting production cuts, OPEC is preparing to go toe to toe with the American shale boom.
Can deft diplomacy paper over this scandal?
Ayatollah Khamanei has celebrated that the West and its allies have failed to “bring Iran to its knees.” His assessment is shared by an unlikely group: Israel and a host of U.S. Senators.
The numbers of deaths and casualties in eastern Ukraine from the months since the Minsk accords belie the claim that there ever was a real ceasefire at all: If anything, the fighting actually worsened after the agreement.
Researchers calculate that $7 trillion has been wasted on ‘ineffective investments’ by China since the global financial crisis. How this plays out is anyone’s guess, but the least likely scenario is a smooth landing.
The old regulated taxi system was one of the classic examples of the blue model system. Internet startups, tapping into long-simmering consumer discontent with the old ways, are hastening its demise. It’s a representative slice of a much bigger trend.