Saudi Prince Alwaleed bin Talal, one of the richest men in the world and a prominent shareholder in several major Western …
saudi arabia
Why OPEC Isn’t What it Used to Be
You’d think that OPEC would be laughing it up right now – all the way to the bank. With oil prices at a lofty $100 a barrel, OPEC’s oil exporters are sucking in petrodollars on a grand scale. But all is not happy in the world’s …
Curious CapitalistEconomy & Policy
Why Bahrain Could Shake World Markets
The conflict in Bahrain may seem small compared to Libya – the country produces only 40,000 barrels of crude oil a day, a tiny fraction of world supply, and it economy is miniscule. But the religious nature of the unrest in the country has some potentially major implications for the world economy. “If the current Sunni regime is …
