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Obama, new Saudi king to discuss Yemen, Islamic State: White House
"Principally, this is to mark this transition in leadership and to pay respects to the family and the people of Saudi Arabia," Obama's deputy national security adviser, Ben Rhodes, said on Monday. "But I'm sure that while we're there, they'll touch on some of the leading issues where we cooperate very closely with Saudi Arabia," Rhodes told reporters in New Delhi.
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IHS lowers Saudi Arabia’s PV forecast after push-out of renewable energy plans
Market research firm, IHS has significantly lowered its PV demand forecast for Saudia Arabia in response to the country pushing back its renewable energy plans by eight years in the wake of plummeting oil prices.
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New year brings new season of buzkashi to Afghanistan
The final months of winter traditionally serve as the informal season when riders mount horses to wrestle over a decapitated and disemboweled calf or goat. Buzkashi is translated as “goat dragging” in the local Persian, but a calf carcass is usually used because it lasts longer during the pulling and tugging.
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Congress Moves Against Obama on New Iran Sanctions
The White House and Senate are headed into a battle over whether to increase pressure on Iran. Lawmakers have completed a new bipartisan bill on Iran sanctions and the Senate intends to vote on it well before President Barack Obama's team finishes the current round of international nuclear negotiations.
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Gulf states pursue unique approaches to falling oil prices
While the strategies of these three Gulf states to falling oil prices have similarities, they are not identical. Kuwait is engaging in unpopular cutbacks whose political viability is limited, Oman is looking to increase economic diversification and Bahrain is focusing on long-term efforts to create both economic and political stability. Each country’s strategy is shaped by its history, regime type, economic portfolio and cooperation of its citizens. None of these considerations is common to all countries in the Gulf. As the fallout from the price drop continues, analysts should take care to appreciate these important differences, rather than treat the region as a homogenous block.
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Royal Decrees on State’s Budget for 2015
As many SUSRIS readers may have been away from their regular reading list over the holidays we want to make sure to keep you up to date. One of the most important developments as 2014 drew to a close was the approval of the 2015 budget by the Saudi Arabian government. It was made all the more significant in view of the dramatic drop in global energy prices, directly affecting the Kingdom’s budget revenue calculations. Today we provide six posts on the release of the 2015 Saudi Arabian budget and its implications.
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Iran president Hassan Rouhani says nuclear talks a matter of ‘heart’
Iranian President Hassan Rouhani said Sunday that ongoing nuclear negotiations with world powers are a matter of “heart”, not just centrifuges ahead of talks next week in Geneva. Speaking to an economic conference in Tehran, Rouhani both countered hard-line critics worried Iran will give up too much while also attempting to signal his administration remains open to negotiation with the six-nation group leading the talks.
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Saudi Beheads 83 People in 2014, the Most in Years
Saudi Arabia's official news agency says authorities have beheaded a Pakistani man convicted of smuggling "large quantities" of heroin, bringing the number of publicly announced executions to its highest level in at least five years.
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Oil rises to $60 per barrel, Libya fire supports
Brent crude oil rose to $60 per barrel on Monday, supported by concerns about disruption to exports from Libya, but a global supply glut kept prices nearly 50 percent off their peak for the year. A fire at one of Libya's main export terminals has destroyed 800,000 barrels of crude - more than two days of the country's output - officials said, as clashes escalated between factions battling for control of the nation.
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Iran honors nuclear deal with powers, IAEA report shows
Iran has continued to meet commitments under an interim nuclear agreement with six world powers, a confidential U.N. agency report showed, though Tehran temporarily halted conversion work that makes higher-grade uranium less suitable for bombs.
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