Syria’s Nightmare: Diverging US and Chinese Policies

Syria’s Nightmare: Diverging US and Chinese Policies

photo: flickr Syria’s nightmare is a regional conflict with global stakes. It exemplifies the eclipse of US efforts at regime changes, whereas Chinese policy holds the promise of economic development. But time is running out. As the pulsating beat overwhelmed the terrace of Cocos Prive, an exclusive nightclub and sushi bar in Chisinau, the capital […]

Building the Future: Jobs, Growth, and Fairness in the Arab World

By Christine Lagarde: Returning from Amman, where we just wrapped up aconference on the future of the Arab countries in transition, I am truly energized by the optimistic spirit that I encountered. Following on the heels of my visit to Morocco, it was an extraordinary couple of days of better understanding the people and the challenges they confront in this […]

Syria Signs First-Ever Offshore Oil Deal, With Russia

Syria has signed an agreement with Russian oil and gas company SoyuzNefteGaz for joint oil exploration off the Mediterranean coast, in Syria’s part of the prolific Levant Basin, according to Syrian, Russian and Iranian state news agencies. The contract will enter into effect immediately despite US and European sanctions against Syria, where opposition forces and Islamist groups […]

Why Is Syria Important to Iran?

Remember Bill Clinton’s catchy slogan “it’s all about the economy, stupid?”  Well when it comes to the Middle East, it’s all about the oil.  The wars, the disputes, the bickering, it all boils down to one thing: oil. To better understand the geopolitics of oil let’s take a good look at a map of the […]

How Syria May Pave Way to Multipolar Global Governance

Syria’s chemical weapons arsenals represent the legacies of colonialism and the Cold War. In the advanced world, Russia’s diplomatic intervention has been seen as a step back. In reality, it heralds multipolar global governance. The facts are clear: On Wednesday August 21, 2013, the Syrian conflict entered a different stage with the deadliest use of […]

Obama Face-Saving Solution on Syria Emerging

When the world came dangerously close to nuclear war in the Cuban missile crisis, a key issue in resolving the confrontation was how to allow Khrushchev to back down. America’s concession was to remove nuclear weapons aimed at Russia from Italy and Turkey. On paper, this looks like a win-win (indeed, some historians think those […]

Syria and the World Oil Market

The growing likelihood [1], [2], [3] of U.S. military action in Syria seems to be one factor in the recent sharp rise in oil prices. Source: WTRG.   That is not because Syria itself is an important producer of oil. According to the EIA, the country was producing less than 370,000 barrels a day in 2010, only half a percent of […]