Coronavirus lockdowns have destroyed demand for oil but countries continue to produce, overwhelming storage facilities. A key American oil benchmark, West Texas Intermediate, fell by more than 80% on Monday as global oil markets continue [ More … ]
It is a religious obligation to vote amid concerns of low participation, Iranian leaders say. Iranians voted in their country’s 11th parliamentary election, seen as a test for the popularity of President Hassan Rouhani‘s reformist-moderate camp as [ More … ]
US President Donald Trump finally unveiled his ‘Middle East Peace Plan’ on Tuesday, 28 January 2020, during a media conference in Washington, as the Israeli prime minister, Benjamin Netanyahu, stood by his side. The entire document, [ More … ]
According to Daily News Egypt, Countries in the Middle East and North Africa (MENA) recorded the fastest accumulation of external debt stocks, on average 7%, propelled by the 15% rise in Egypt, the region’s biggest [ More … ]
According to documents released by the White House, the economic aspect of Donald Trump’s peace plan between Palestine and Israel includes granting $9 billion to Egypt, half of which is in the form of soft [ More … ]
One year after protests broke out in Sudan over soaring bread prices, celebrations are planned across the country today to mark the uprising that brought down Omar Al-Bashir. A year ago, on 19 December 2018, [ More … ]
President postpones talks which were expected to result in Saad Hariri being named as next prime minister. Beirut, Lebanon – The nomination of Lebanon’s next prime minister has been postponed after major Christian parties said they [ More … ]
Lebanon has faced five weeks of anti-government protests, driven by widespread anger at corruption among the sectarian politicians who have governed the country for decades. The protesters are now demanding that they go. By Ivana [ More … ]
The September 14 attack on Aramco has forced Saudi Arabia to revise its policies towards the region and the GCC. by Ibrahim Fraihat, ALJAZEERA NEWS Signs of de-escalation have recently started to appear in the [ More … ]
The two leaders are meeting against a backdrop of strained diplomatic and military ties between Ankara and Washington. by Ben Piven AL JAZEERA NEWS Fresh on the heels of yet another crisis point in an [ More … ]
First, democratically-elected President Mohammed Morsi died while standing trial for charges legal observers said were politically motivated. An independent panel of United Nations experts has said the death of former Egyptian president Mohammed Morsi in [ More … ]
The recent drone attacks on Saudi oil facilities severely disrupted global energy infrastructure and sent oil price soaring. Some observers say this is a hit to the jugular of the kingdom’s oil industry, but escalation [ More … ]
Tunisians head to the polls on September 15 to elect a new president in the second such vote since the 2011 revolution. When President Beji Caid Essebsi died in late July, three months before his [ More … ]
The two biggest warnings came in January when Secretary of State Mike Pompeo said that unless Israel reduces cooperation with China, the U.S. might reduce “intelligence sharing and co-location of security facilities.” Opinion Column By [ More … ]
Sudan’s PM Hamdok says getting off US terror list and cutting military budget will revive country’s faltering economy. Sudan’s new Prime Minister Abdalla Hamdok has said that he has talked to US officials about removing Sudan from [ More … ]
Copyright © 2016 | Middle East Observer