I was not invited to last week’s Strategic Foresight Group’s Blue Peace meeting in Jordon but that comes as no surprise to me because when, at the Blue Peace meeting in Istanbul in March, I queried why there was no Arabic translation available for the numerous representatives of the Arabic media, I was curtly told by Sundeep Waslekar, founder of the Strategic Foresight Group“We
Read MoreDownload PDF file A funny thing happened on the way to the euro. When it was first introduced to the global financial markets in 1999, the Euro began to appreciate in value compared to the U.S. dollar (USD). Around this time, West Texas Intermediate crude oil was trading below $20 a barrel. As the dollar lost value, oil began to rise. Is this a coincidence? The dollar began to
Read MoreTurkey’s insatiable demand for energy has recently seen it cast its eyes towards the Caspian region and Iraq to meet its needs. According to the International Energy Agency reports, Turkey’s spending on energy imports reached $60 billion last year. That figure is expected to further increase this year. Attending the third Caspian Forum in Istanbul last week, I witnessed the at
Read MoreDownload PDF I wish to thank my esteemed colleague Dr. Ali Merza for his comments on my above named paper, published recently on the website of Iraqi Economists Network. Let me say From the onset that I find most comments of this type are not only helpful to the readers but also to me, especially at this time while I am writing a book on my 60 years experience of Iraq and th
Read MoreDownload PDF In recently published article, in Iraqi Economists Network, Shafiq (2013b), a respected oil expert, surveys and analyses histories, policy matters, critical issues, establishes parallels, and then reaches conclusions that reflect his deep knowledge and convictions. I do, by and large, share some of his views especially those relating to the oil & gas law, futu
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