Energy

8 Items

What Brexit Means For India

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Analysis & Opinions - Forbes

What Brexit Means For India

| July 6, 2016

What does Brexit mean for India? As a former British colony, the country enjoys particularly close economic, trade, political and cultural ties to the United Kingdom. India and South Asia Program Affiliate, Ronak Desai, examines how the relationship could be altered by the British exit from the European Union and possible outcomes.

Prince Mohammed Bin Salman of Saudi Arabia

Wikimedia Commons

Analysis & Opinions - The Washington Post

A 30-Year-Old Saudi Prince Could Jump-Start The Kingdom - Or Drive It Off A Cliff

| June 28, 2016

The tensions unsettling the Saudi royal family became clear in September, when Joseph Westphal, the U.S. ambassador to Riyadh, flew to Jiddah to meet Crown Prince Mohammed bin Nayef, nominally the heir to the throne. But when he arrived, he was told that the deputy crown prince, a brash 30-year-old named Mohammed bin Salman, wanted to see him urgently. Senior Fellow, David Ignatius, discusses Mohammed bin Salman opportunity to transform Saudi Arabia.

Analysis & Opinions - Project Syndicate

Gas Taxes and Oil Subsidies: Time to Reform

| Aug. 07, 2015

World oil prices have been highly volatile during the last decade. Over the past year they have fallen more than 50%. Should we root for prices to go up, down, or stay the same?   The economic effects of falling oil prices are negative overall for oil-exporting countries, of course, and positive for oil-importing countries. The US is now surprisingly close to energy self-sufficiency, so that the macroeconomic effects roughly net out to zero. But what about effects that are not directly economic? If we care about environmental and other externalities, should we want oil prices to go up or down?  Up, because that will discourage oil consumption?  Or down because that will discourage oil production?

A 2014 meeting between President Barack Obama and Chinese President Xi Jinping in the Netherlands

US Embassy, The Hague

Analysis & Opinions

Shunning Beijing's infrastructure bank was a mistake for the US

| June 7, 2015

The Obama administration’s negative response to China’s proposed Asian Infrastructure Investment Bank was a strategic mistake. Though some Chinese moves might be destabilising and require US resistance, this initiative should have been welcomed.

The US should be careful about opposing ventures that are popular and likely to proceed. Losing fights does not build confidence. Moreover, the new bank’s purpose — to develop infrastructure in Asia — is a good goal. The world economy needs more growth. Many emerging markets are eager to boost productivity and growth by lowering costs of transportation, improving energy availability, enhancing communications networks, and distributing clean water.

The AIIB offers an opportunity to strengthen the very international economic system that the US created and sustained. The AIIB’s designated leader, Jin Liqun, a former vice-president of the Asian Development Bank, sought advice in Washington. He engaged an American lawyer who was the World Bank’s leading specialist on governance. He also reached out to another American who had served as World Bank country director for China and then worked with the US embassy.

If the AIIB was indeed threatening the American-led multilateral economic order, as its opponents seemed to believe, then its Chinese founders chose a curiously open and co-operative way of doing so.

Analysis & Opinions - Al-Monitor

Rouhani Stresses Regionalism In Iranian Foreign Policy

| July 13, 2013

"...[T]he region offers Iran great potential to enhance rail and land transport for the exchange of local goods to form new markets. The region can also serve as a major energy hub, specifically with natural gas for Iran, China and Russia. By developing an integrative transportation system inclusive of land, air and sea, Iran could help the region connect with the Indian Ocean, the Sea of Oman and the Caspian Sea. Iran already possesses a large road and rail system that connects Khorasan with its ports in the Persian Gulf, including in Chabahar and Bandar Abbas, which it can lease to its neighbors and derive transit and customs revenues."

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Analysis & Opinions - Wall Street Journal Europe

Political Prosecutions Threaten Russia's Ambitions

| September 1, 2003

It has been over a month since Platon Lebedev, a key figure in Russia's most valuable company and biggest oil producer Yukos, was abruptly and publicly arrested. And while the initial shock has worn off, the implications of what is seen by most as a Kremlin attack on one of Russia's most successful oligarchs remain serious