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Iran Negotiations: U.S. CongressIn Senate GOP’s Iran Standoff, the Rebels Are Losing
Many Republicans are ready to rebuff freshman Sens. Tom Cotton and Marco Rubio, who have offered measures that could upturn a broadly popular Iran nuclear review bill. They say Senate Majority Leader Mitch McConnell has no choice but to leave behind scores of other GOP amendments, which still frustrates many who wanted to add their voice to the process.
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U.S. - GCC SummitObama expected to push for Gulf missile defense at U.S. summit
President Barack Obama is expected to make a renewed U.S. push next week to help Gulf allies create a region-wide defense system to guard against Iranian missiles as he seeks to allay their anxieties over any nuclear deal with Tehran, according to U.S. sources.
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SomaliaKerry makes historic visit to Somalia, where mission is far from done
Kerry, the first U.S. secretary of State to ever visit Somalia, spent only three hours and never left the airport in Mogadishu, the capital. He met with Somalia's president and prime minister and other leaders.
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AfghanistanAfghanistan’s Endless War: Between the US, Taliban and ISIL
War is largely a seasonal activity in Afghanistan. Winters are harsh and fighters need to work fields and tend herds. With spring, another fighting season is underway. This year will be different from its many predecessors. US ground troops are no longer engaged in large numbers; the Afghan National Army is assuming the burden of combat; war-weariness is plain on all sides.
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Iran Negotiations: RussiaThere’s a big debate in Moscow over whether to support the Iran nuclear deal
Speaking to him, I was struck by the division he described within Moscow's foreign policy establishment over what to do on Iran: the disagreement is not about Iran's nuclear program — both sides, he said, want to end it — but rather over whether this would be too beneficial to the US. On Syria and ISIS, as well, Russian thinking seems preoccupied with the United States and countering it.
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EconomySaudi Arabia presses with big projects despite oil price fall
The kingdom has spent around $50bn of its ample foreign reserves over the past six months to help it withstand the effect of oil prices that have fallen by half since mid-June last year. But dependence on the oil sector for a huge portion of government revenues still means growth in both the oil and non-oil sectors is set to slow in 2015.
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Shale Gas in Saudi ArabiaSaudi Aramco to Supply Shale Gas to Industrial Projects
The energy minister said that the Kingdom has made promising shale gas discoveries and acquired the technologies to produce it at a reasonable price. Saudi Aramco said in its annual report that its unconventional gas program became fully operational in 2013, only 2 years after launching its unconventional gas program in the frontier northern region.
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EnergySaudis Take Steps to Curb Oil Consumption
To rein in consumption, the government is cracking down on the use of inefficient air-conditioning equipment and cars. The Saudi Ministry of Commerce and Industry says on its website that it confiscated from stores tens of thousands of air conditioners that didn’t meet its energy-saving requirements last year.
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Tadawul OpeningSaudi privatisations may accelerate, stock exchange chief says
A new government policy-making council in Saudi Arabia may accelerate privatisations of state-owned companies, Saudi Stock Exchange chief executive Adel al-Ghamdi said on Tuesday.
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OilOil hits 2015 highs as Saudis raise prices, Libya output slows
Oil prices hit their highest for the year on Tuesday, aided by a disruption in Libyan crude exports, higher selling prices for Saudi oil and a weaker dollar that tends to inflate commodity prices.
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