Saudi Arabia has come to the realization that oil is no longer a reliable source of revenue to develop its economy. As a result, the
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Dividing the EU with Energy? Unpacking Russia’s Energy Geo-Economics
Toivo Martikainen and Antto Vihma (The Finnish Institute of International Affairs) Russia’s economic ideology is mainly focused on national security interests instead of modernization and
The Story of ISIS Oil: A Way to the Marketplace
It is a widely acknowledged fact that oil trade is the main source of revenue for the Islamic State, also known as ISIS. In fact,
Morocco on the Path to Become a Solar Superpower
Morocco’s giant solar project in the Sahara desert is taking the country on the path of the future superpower in renewable energy. The country’s city
Why Cheap Commodities Jeopardize Democracy and Stability
The current period of falling commodity prices have had far-reaching repercussions on resource-rich developing markets. Since mid-2014, when the price of oil stood approximately at
Fertilizer Trade Thrives along Syria-Turkey Helping ISIS Build Bombs
In the Turkish town of Akcatale, laborers work long hours to prepare bags of fertilizer for their way across the border with Syria. In the
Breaking the Spell of Africa’s “Resource Curse”
Prosperity in Africa has traditionally been very tightly connected to the price of commodities. As such, the resource-rich continent, a home to a third of
Rebalancing the EU-Russia-Ukraine Gas Relationship
Agata Loskot-Strachota and Georg Zachmann (Bruegel, Brussels) The main problem with the October 2014 agreement on gas supplies between the European Union, Ukraine and Russia
Why Oil Markets Should Not Be Overreacting to Yemen Bombing
Escalating violence in Yemen, a producer of only 0.2 percent of the world’s oil, has spurred unexpected rally across the markets with commodities and metals
Venezuela’s Pending Bankruptcy: Why and How Diversify?
Venezuela is facing a major economic crisis and despite the fact that you can still buy subsidized petrol in the centre of Caracas just for