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Month: September 2020

Category:
  • Climate

IEA’s Birol says ‘more optimistic than ever’ on shift to clean energy

The global transition to clean, low-carbon energy is gaining momentum with the impetus from the coronavirus pandemic this year likely to be “turning point” for climate change, International Energy Agency Continue Reading

Posted On : 29 Sep 2020 Published By : Tom Whipple
Category:
  • Iraq

Iraq seeks another emergency financing law as 2020 budget stalls

Cabinet considers new borrowing legislation to fund massive deficits after political headwinds stopped attempts to pass a full 2020 budget. Iraqi Finance Minister and Deputy Prime Minister (second from right) Continue Reading

Posted On : 29 Sep 2020 Published By : Tom Whipple
Category:
  • Iraq

Threat to evacuate U.S. diplomats from Iraq raises fear of war

Washington has made preparations to withdraw diplomats from Iraq after warning Baghdad it could shut its embassy, two Iraqi officials and two Western diplomats said, a step Iraqis fear could Continue Reading

Posted On : 29 Sep 2020 Published By : Tom Whipple
Category:
  • United Arab Emirates

UAE Wealth Fund Sees Oil Demand Peaking In 2030

Global oil demand has another decade to grow until peaking in 2030, Mubadala Investment Company, one of the largest state wealth funds of the United Arab Emirates (UAE), believes. The Continue Reading

Posted On : 29 Sep 2020 Published By : Tom Whipple
Category:
  • Iran
  • USA

Trump Team Weighs New Sanctions on Iran’s Financial Sector

A man rides a scooter along Valiasr Square in Tehran on Sept. 27. The Trump administration is considering fresh sanctions to sever Iran’s economy from the outside world except in Continue Reading

Posted On : 29 Sep 2020 Published By : Tom Whipple
Category:
  • Iraq
  • USA

Why Did Washington Shorten Iraq’s Sanctions Waiver?

It can safely be surmised that whatever the new Iraqi Prime Minister, Mustafa al-Kadhimi, told U.S. government officials during his visit last month to Washington went down like a lead Continue Reading

Posted On : 29 Sep 2020 Published By : Tom Whipple
Category:
  • Libya

Former Libya Oil Wealth Handler Arrested For Fraud

The former CEO of the bank responsible for handling Libya’s oil wealth has been arrested for fraud, according to Libyan security and judicial officials cited by Bloomberg —and the bank Continue Reading

Posted On : 29 Sep 2020 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: Days of Crude Oil Are Numbered – Govt

STRONG indications emerged Monday that hardship looms in Nigeria following the nation’s over-reliance on oil as the Federal Government has raised the alarm that the days of crude oil are Continue Reading

Posted On : 29 Sep 2020 Published By : Tom Whipple
Category:
  • Nagorno-Karabakh

Turkey’s support role complicates latest Nagorno-Karabakh flare-up

Whenever fighting has erupted between Armenia and Azerbaijan over the disputed territories claimed by both neighbors, demands from Moscow have ultimately forced the two post-Soviet states to the negotiating table. Continue Reading

Posted On : 29 Sep 2020 Published By : Tom Whipple
Category:
  • Nagorno-Karabakh

Explainer: Who’s fighting in Nagorno-Karabakh, and why does it matter?

Fierce fighting has broken out between Azerbaijan and its ethnic Armenian enclave of Nagorno-Karabakh, a new and dangerous eruption of a decades-old conflict. WHERE AND WHAT IS NAGORNO-KARABAKH? It’s a Continue Reading

Posted On : 29 Sep 2020 Published By : Tom Whipple

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