Arab World – MENA Region – Page 10 – Iraqi Economists Network

The Secret Stupid Saudi-US Deal on Syria. Oil Gas Pipeline War. By F. William Engdahl

This incisive article first published by GR in October 2014 sheds light on the unfolding war in Syria and the confrontation between Russia and the US. The details are emerging of a new secret and quite stupid Saudi-US deal on Syria and the so-called ISIS. It involves oil and gas control of the entire region and the weakening of Russia and Iran by Saudi Arabian flooding the w

The Middle East and North Africa (MENA) is a region of extremes. It has the highest unemployment rate in the developing world, with the rate for women and young people double the average. Its economies are among the least diversified, with the Herfindahl index—a measure of the concentration of exports in a few commodities—ranging between 0.6 and 1 for most countries. The regio

Regardless of the administration, the United States has long reiterated a consistent set of interests in the Middle East that have guided U.S. policy in the region. The Middle East is in turmoil, and now U.S. interests are in flux as well. As a result, and despite what you might hear on the campaign trail, future administrations might follow the President Obama’s path and be wa

Statement by Shanta Devarajan, World Bank Chief Economist for the Middle East and North Africa region. STORY HIGHLIGHTS • In 2016, about 87 million people from four MENA countries directly affected by war—Iraq, Libya, Syria, and Yemen—represented about one third of the region’s population. Every aspect of people’s lives has been affected by the intensity of the fighting in the

Saudi Arabia has withdrawn as much as $70 billion from global asset managers as OPEC’s largest oil producer seeks to plug its budget deficit, according to financial services market intelligence company Insight Discovery. "Fund managers we’ve spoken to estimate SAMA has pulled out between $50 billion to $70 billion from global asset managers over the past six months," N