coronavirus Black Monday: The day oil became cheaper than nothing THEY say that there is no such thing as a free lunch, but given that its price dropped to a cool –$US37.63 last Monday, it appears you can get free oil. [1] A couple of weeks ago, I penned a column explaining the ramifications of a global oil war
coronavirus A Russian and a Saudi walk into an Austrian bar: The global oil war that nobody heard about JUST in case a once-in-a-hundred-year pandemic and impending global recession were not enough to satisfy your pessimistic palette—last month saw a sudden oil crisis which in ordinary times would have undoubtedly been the most significant geopolitical development of the year. But these times we are living in are anything
economics Viability of the rentier state: internal political divergence stagnating development in Kuwait This article was originally submitted for publication on 18 January 2015. Inefficiency, corruption, poor governance and excess fiscal expenditure are soon becoming engrained in the economic and political landscape of Kuwait. Progress appears to be hindered by those in power: a divided parliament and an emir-elected Prime Minister. This tension