How $14 Billion Private Equity Firm Abraaj Went Bust
The remarkable tale of the biggest private equity fund insolvency evah, Abraaj.
Read more...Category Archives: Middle East
How Saudi Money Keeps the US at War in Yemen
Following the Saudi funding that has the US backing nation-breaking in Yemen.
Read more...Insider Attacks, Blowback, and a Generation of American Folly in the Middle East
Is anything the U.S. doing, anyone it is empowering or arming, likely to make the Middle East or America any safer?
Read more...Rep. Tulsi Gabbard: It Is Outrageous That the US Is Supporting a Genocidal War in Yemen
Over 5 million children are facing starvation and a cholera outbreak is raging in Yemen, the worst humanitarian crisis in the world, yet the US continues to support the Saudi bombing and destruction of the country, says Rep. Tulsi Gabbard
Read more...Causes of Turkey’s Crisis
Turkey is entering a major crisis, which many of the media have been quick to blame on Erdogan’s nationalist inclinations. However, the crisis has much more to do with poor economic fundamentals and the lending decisions of European banks.
Read more...Will Saudi Arabia’s Geopolitical Strategy Backfire?
Yves here. Perhaps because the author assumes readers are already familiar with this part of the Saudi story, the kingdom is facing serious budgetary pressures even with oil now over $70 a barrel. Stability has been achieved only by generous payments to the populace at large. Take that away and the legitimacy of the government […]
Read more...Could Turkey Trigger the Next Global Financial Crisis?
Why the currency crisis in Turkey is a due in part to the failure to take adequate corrective measures after the global financial crisis.
Read more...The Trump-Media Logrolling
Looking at who the media has silenced in the Trump era, such as critics of America’s wars and of Israel.
Read more...Tom Engelhardt: America’s Groundhog Day Wars
A look at how long and how deeply the US has been mired in its many wars.
Read more...Emerging Markets Swoon as Turkey Wobbles
A high level look at the upheaval in Turkey.
Read more...Trump’s Illegal Economic Sanctions Against Iran Start Up
With its newest sanctions, the Administration ratchets up its “regime change in Iran” strategy. Not a good look.
Read more...Can Trump, Israel, and Gulf Allies Get Putin to Turn On Iran?
Trump will meet this week with Putin in Helsinki. But despite talk of a “grand bargain” that enlists Russia in helping the US-Israel-Saudi-UAE front against Iran, don’t expect it to happen, says professor Rami Khouri in this Real News Network interview.
Read more...Iran Sanctions Are Different This Time
The Trump administration is trying to replicate the Obama-era Iran strategy of shutting down Iranian oil exports as a way to pressure the regime into making a series of concessions. But there are several reasons why Trump may not succeed.
Read more...Iran Threatens To Close the Strait of Hormuz
Yves here. A map of the Strait of Hormuz and environs seemed a useful addition. The danger, as the article insinuates, is that if things got that far, a conflict over the Strait of Hormuz would escalate into a full-scale conflagration. By Dr. Cyril Widdershoven, a long-time observer of the global energy market. Presently, he […]
Read more...Ilargi: Migration Blowback
On misdirected anger over migration policies.
Read more...