An oil price spike is starting to look increasingly possible, with a rerun of 2008 not entirely out of the question, according to a new report. The outages from Iran are worse than most analysts expected, and bottlenecks in the U.S. shale patch could prevent non-OPEC supply from plugging the gap. To top it off, new regulations from the …Read More »
Why is Venezuela Spiraling Out of Control?
Opposition violence and the government’s increasing authoritarianism are both to blame.Read More »
A Failed State in Latin America?
There's still hope for the "pink tide" that swept aside Latin America's right-wing dictators. But in Venezuela, Chavismo is on its last legs.Read More »
What Does the Next OPEC Meeting Have in Store?
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 »
How Much Longer Can OPEC Hold Out?
With the huge reduction in its revenues and growing discomfort among its members such as Venezuela, Libya and Nigeria over its current production levels, is OPEC really getting weaker?Read More »
Oil Prices Fall as Economics Trumps Geopolitics
With drop in oil prices, US may be able to wield an “oil weapon” directly rather than using Saudis as surrogates. The economic impacts of the oil price slump on the global macro-economy are multiple, complex and conflicting.Read More »
Latin America: Vulnerability of Migrants Continues
Economic opportunity stimulates migration but recipient countries create obstacles for foreigners to stay.Read More »
Ecuador: Amazon’s Green Turns Dark Back
One of the most interesting features of Ecuador is that it was the first country in the world to codify the Rights of Nature. Ecuador recognized the inalienable rights of ecosystems to exist and flourish in 2008, but the road that led the country to this recognition was not without obstacles.Read More »
Venezuela and the “Curse of Oil”
With attention focused on dramatic events in Ukraine, another anti-despotic uprising at the other end of the earth has not received the media treatment it deserves. And yet the struggle in this second battlefield for freedom, Venezuela, could have a greater impact on reshaping international politics. Democratic change in Venezuela could reverse the Leftist-autocratic trend that started in Latin America …Read More »