February 23, 2017

Pakistan’s Coal Energy: At What Cost?

Kot Addu power plant in Muzaffargarh, Punjab, Pakistan.

The thoughtless rush for coal-fired energy by a politically motivated Pakistani ruling elite is both alarming and questionable. Read More »

How to Get Ready for the Economic Recession Coming in 2017

(P
!

The current US economic expansion is nearly the third-longest since the 1850s, making a recession likely in 2017. It's time to get ready. Read More »

How Will Pakistan Fare in 2017?

Pa

Poverty in Pakistan is, in fact, rising, despite all claims by the government and multilateral institutes about economic progress and growth. Read More »

What Will Brexit Mean for Africa?

Brexit

Britain's decision to leave the EU will fundamentally affect Africa's relationship with UK in a way that will be damaging to all. Read More »

Asian-led Financial Bodies Needn’t Compete with Current Players

(Photo by Prachatai, Creative Commons License)

As the world globalizes further, other developing regions are likely to establish their own regional institutions to provide global public goods. An important lesson for these countries from Asia’s experience is that such institutions should find ways of cooperating with global institutions instead of trying to upstage and replace them. Read More »

3 Years of Painful Cuts Sets Markets Up for Oil Supply Crunch

(Photo by edward stojakovic, Creative Commons License)

Oil prices are entering a “sweet spot” — a range between $50 and $60 per barrel that could finally be good for the global economy – low enough to provide consumers with a bit of a stimulus, but high enough to keep the industry and capital spending afloat. Read More »

Responding to Sri Lanka’s Economic Crisis

Sri Lanka's some reforms may mean some tough times for its population. (Photo by  Patty Ho, Creative Commons License)

The gloomy short-term economic forecast is bound to test the strength of Sri Lanka’s ruling coalition. In managing painful economic reforms, the government’s hard work is only beginning. Read More »

Think Beyond Oil And Gold: Interview With Mike ‘Mish’ Shedlock

The San Ardo Oil Field in California from the Coast Starlight. (Photo by Loco Steve, Creative Commons License)

No one really knows where oil will be around Christmas. While we may have already seen the bottom, stock prices are not the bargain they were. Read More »

What Does the Next OPEC Meeting Have in Store?

(Photo by Day Donaldson, Creative Commons License)

The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. Read More »

The Old Oil Order Is Collapsing

An oil refinery in Saudi Arabia. Much of the oil producing countries need the oil prices to stay at least at $54 a barrel to balance their budgets. (Photo via video stream)

If even Saudi Arabia is ready to move away from its reliance on petroleum, we're indeed entering a new world — one in which the titans of oil production will no longer hold sway over our lives. Read More »