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SnapshotsJun 2, 2020 | 14:41 GMT
OPEC+ Moves Toward Early Meeting to Discuss Extending Production Cuts
OPEC+ appears headed for an earlier-than-expected online ministerial meeting on June 4 to discuss how to extend oil production cuts for the rest of the year, given the faster-than-expected recovery in oil prices. During the meeting, members will reportedly consider a Saudi-Russian compromise on a very brief 1-2 month delay
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AssessmentsMay 29, 2020 | 10:00 GMT
A group of demonstrators wave the Palestinian flag on Dec. 31, 2009.
The Palestinians Move to Cut Security Ties With Israel: A Bluff or Something Bigger?
To protest Israel's aggressive annexation push, the Palestinian Authority is beginning to act on longstanding threats to cease coordination with Israeli authorities in the West Bank. On May 19, Palestinian Authority President Mahmoud Abbas declared an end to decades of security and intelligence cooperation with Israel and its main ally,
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SnapshotsMay 11, 2020 | 19:39 GMT
As Oil Prices Plummet, Saudi Arabia Opts for Austerity
In the face of the COVID-19 crisis and subsequent global recession, most countries are launching significant fiscal stimulus programs to boost domestic economic activity. Governments dependent on oil and gas revenue, however, are being forced to do the opposite as the likely long-term collapse of energy prices necessitates sharp spending
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AssessmentsMay 7, 2020 | 10:00 GMT
Fighters with Yemen's separatist Southern Transitional Council (STC) deploy in the city of Aden on April 26, 2020, after declaring self-rule of the country's south.
A New Layer of Disorder Emerges in Southern Yemen
Separatists in southern Yemen are inching ever closer to their goal of restoring an independent state. On April 29, the Southern Transitional Council (STC) declared emergency self-rule in the country's provisional capital of Aden, officially taking control from Yemen's U.N.-recognized government of President Abd Rabboh Mansour Hadi. As it takes further steps toward succession, the
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SnapshotsMay 6, 2020 | 19:48 GMT
The U.S. Looks to Mine the Moon on Its Own Terms
With the United States and China gearing up to send astronauts back to the moon and beyond, the competition of space resources between Washington and its rivals will heat up, as will the race to define the international rules, standards, laws and regulations governing the final frontier. But the White House's
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AssessmentsMay 1, 2020 | 10:00 GMT
A trader wearing a protective mask stands on the floor of the Boursa Kuwait stock exchange in Kuwait City, Kuwait, on March 1, 2020.
Arab Gulf Economies Cope With a COVID-19 Conundrum
The Arab Gulf states within the Gulf Cooperation Council (GCC) are looking down the barrel of a serious, multilayered economic shock as COVID-19 disrupts their main revenue sources by slashing energy prices as well as overall global demand. The sharp reduction in government income across the region portends increased budget
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GuidanceApr 27, 2020 | 10:00 GMT
Members of Hezbollah’s medical apparatus wear full protective gear in Beirut, Lebanon, to demonstrate their readiness for the COVID-19 fight on March 31, 2020. 
Hezbollah's Soft Power Play Amid COVID-19
Hezbollah is spearheading some of Lebanon’s response to the COVID-19 outbreak, which the central government has struggled to handle. Successful efforts to contain and manage the virus could increase the Iran-backed militant group’s popularity and political power in Lebanon, which has taken a hit in recent years. A more empowered
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AssessmentsApr 27, 2020 | 10:00 GMT
An Iranian warship takes part in celebrations for “National Persian Gulf Day” in the Strait of Hormuz on April 30, 2019.
Trump Ups the Ante With Iran in the Persian Gulf
Iran and the United States may be heading toward another round of confrontation, even as both countries deal with significant COVID-19 outbreaks at home. Following a recent incident where 11 Iranian ships harassed U.S. vessels transiting the Persian Gulf, U.S. President Donald Trump tweeted April 22 that he had "instructed" the
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AssessmentsApr 2, 2020 | 17:15 GMT
A man pulls a shopping trolley down a near-empty aisle in a supermarket in Paris, France, on March 2, 2020. Supermarket shelves in countries affected by the COVID-19 pandemic have been emptied of basic food necessities in recent weeks, such as pasta and rice.
COVID-19 Ripples Through Global Food Trade
Just as COVID-19 has caused turmoil in global financial and energy markets, the pandemic is also affecting the global food market as more countries move to shore up their domestic supplies. The attempts by food importers to increase their reserves, and by food exporters to limit the outflow, have already affected
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