Tag "oil exporting countries"
Walking the Tightrope: The UAE Makes Strides Towards Regional Power in the Gulf
The United Arab Emirates has taken increasingly bold foreign policy measures since the start of the pandemic. In a carefully crafted mix of economic and security measures, the UAE is not only on its way to repairing the economic impact of the pandemic but also to becoming a regional hegemon. The formal establishment of relations with Israel has significantly improved the UAE’s position in the short-term. However, the long term advantage of this agreement for the UAE will depend on Iran’s security status, and whether the UAE can compete with Saudi Arabia to become the region’s economic heart.
Presenting the five oil exporters most affected by currency devaluation
Devaluation is the word of the day in oil exporting countries. Whether it is the Nigerian naira, the Venezuelan bolívar, or the Russian rouble, low oil prices are wreaking havoc
Five countries most affected by the oil price crash
Since June 2014, global oil prices have dropped by more than 50%. The drop could strongly affect the economic and political stability of these five oil exporting countries. Oil prices