News
Until recently, Iran has been economically isolated by way of sanctions, preempting investment opportunities with states allied with the United States. However, the Obama administration’s recent effort towards economic normalization with Iran affords it with unprecedented commercial possibilities, and per the focus of this article, legalized commercial enterprising within Saudi Arabia, the United Arab Emirates, and other Gulf Cooperation Council (GCC) States—across sectarian tensions and fault lines. From both a legal and practical prism, this article investigates the recent lifting of sanctions,…
While a traditional structural realist approach will conclude that the Iranian nuclear is deal disadvantageous to the relative power position of the U.S., an alternative view into the theory can be used to explain the agreement’s strategic significance and logic.
To many, poverty alleviation and economic development in Africa can mean two things: resource extraction or foreign aid distribution. However, the emerging mobile phone trade between African countries and China indicates the potential of an alternative growth strategy centered on small African traders that can deliver more equitable distribution of profits throughout Africa.
To combat climate change, action must be taken quickly to slow the growth of fossil fuel emissions in the face of growing demand for energy. This challenge requires the concerted effort of all the nations of the world on a scale that has never been seen before.
Protesters have put Nepal in an economic shutdown with no resolution on the horizon.
Oil anxieties usually stem from fears about running out of oil, but the true oil scourge of the past is overabundance. Oilmen conceal their oil in order to maintain profits and manipulate their monopoly on oil so that they may wield political power. To keep the price of oil high enough to sustain the industry, oil authorities have developed methods of producing scarcity. The results of making oil scarce have been harmful to society economically, politically, and socioculturally. Since current forms of alternative energy are naturally scarce, this article evaluates whether the effects of the oil…