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Global Oil MarketsCrude oil hasn’t bottomed yet, traders say
Crude oil may have found its way off of the multiyear low it hit on Tuesday. But according to two traders, bearish dynamics on the supply and demand sides mean it's too early to call the bottom just yet. "There are so many factors in the equation that are putting downward pressure," on crude oil, Brian Stutland said Thursday on CNBC's "Futures Now. "In the U.S., our oil drums are almost starting to fill up and hit max capacity. You have the Saudis now saying they're going to lower prices in the United States. You have weaker demand in China. And on top of that, a stronger dollar, and crude oil trades in U.S. dollars."
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Lebanon and the RegionOpinion: Tackling Islamic State: a message from Lebanon
Barack Obama never understood properly the dangers inherent in the Syrian situation. Obama wants to defeat the Islamic State but he doesn’t want to do anything about the conflict in Syria: he has separated artificially the anti-Islamic State campaign and the conflict in Syria, as if these things were not intimately tied into one another. Three years ago a number of people were writing – I was only one of them – that you cannot do nothing in Syria, because the problem you’re trying to avoid today may be become a problem later that you simply cannot avoid.”
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U.S.-IranSecret White House Letter Highlights Iran’s Importance to Islamic State Fight
It didn’t explicitly propose that the two countries directly coordinate their military activities, a step the White House has said that it is not prepared to take. Still, the person familiar with the letter said that was the “strong implication.” The disclosure of the letter is likely to raise the political pressure on the White House, which is already coming under fire from lawmakers in both parties concerned that the administration is prepared to make far-reaching concessions to Tehran in order to strike a landmark nuclear deal before a Nov. 24 deadline.
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PalestineWhat I saw in Gaza
Throughout my career at the World Bank, and at the UN, I have come across many war zones but none compare to this.
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Project ManagementNew strategy cuts down on number of stalled projects
A senior source at the Ministry of Municipal and Rural Affairs said the ministry has adopted a new strategy that has reduced the number of stalled projects by 13 percent.
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ISIS and Air StrikesWhy Can’t the Pentagon Kill the Islamic State’s Top Commanders?
Since the Obama administration's bombing campaign began in Iraq on Aug. 8, the United States has not conducted what's called a "decapitation strike," an attack specifically aimed at taking out a member of the Islamic State's senior military commanders. The tactic's absence from the military campaign is particularly glaring because hunting high-value militants has become a cornerstone of the Obama administration's counterterrorism strategy in other parts of the world.
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UAE, Qatar and FIFASponsorship of FIFA: a new front in Gulf political rivalry
FIFA’s tarnished image is without doubt a major reason why Emirates alongside Sony is seeking to disassociate itself from the soccer body. Yet, it is hard to disassociate state-owned Emirates’ decision from the UAE’s deteriorating relations with Qatar that has led to the incarceration in the UAE of Qatari nationals on charges of spying, an environment in which Emiratis are more reluctant to visit Qatar, and UAE’s investment of millions of dollars in efforts to undermine its Gulf rival’s image and credibility.
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U.S.-Iran Hostage AftermathOpinion: Thirty-five years after Iranian hostage crisis, the aftershocks remain
Carter decided to admit the shah under heavy pressure from three of the shah’s most powerful American allies: David Rockefeller, Henry Kissinger, and John McCloy. He rejected pleas from American diplomats in Tehran, who sent him a cable warning that admitting the shah “would almost certainly meet with immediate and violent reaction.” When those diplomats were told that their appeal had been ignored, one of them later recalled, “faces literally went white.” Eerily, Carter himself seemed to have some idea of what might lie ahead. At one White House meeting, he rhetorically asked his aides, “What are you guys going to advise me to do if they overrun our embassy and take our people hostage?”
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Sectarian ViolenceSaudi Forces Killed Arresting Suspects in Attack on Shiites
Arrests took place in six cities yesterday, and the security force members were killed while detaining suspects in Buraidah in the central Qassim region, the official Saudi Press Agency said, citing an Interior Ministry spokesman it didn’t identify. Two suspects were also killed, and a total of 20 are being held, according to Saudi-owned Al Arabiya television.
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U.S. Defense PolicyJohn McCain Poised to Control Senate’s Defense Policy
As committee chairman, McCain would have an influential role in spearheading defense policy from Capitol Hill. That includes the Senate's version of the National Defense Authorization Act, an annual bill that outlines defense policy and tells the Pentagon what it can and can't spend money on. He'll also gain a megaphone to voice his frequent opposition to the Obama administration on military and national security issues. On Tuesday, Pentagon spokesman Rear Adm. John Kirby downplayed any concerns over McCain gaining the top spot, but, at least publicly, the senator's relationship with the Pentagon has been rocky.
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