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AssessmentsMay 20, 2020 | 10:00 GMT
An image of a Saudi flag overlaying an oil pumpjack. 
Saudi Arabia Will Have to Accept Being an Oil Price 'Taker'
As COVID-19 saps oil demand, the economic fallout will likely leave Saudi Arabia back in the role of "price taker," as the kingdom's new austerity measures strongly imply Riyadh recognizes it will eventually need to adjust its spending habits to the global oil market instead of the other way around. With no immediate recovery in sight,
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On SecurityMay 19, 2020 | 10:00 GMT
An image of the Islamic State flag overlays a map of Iraq.
Rumblings of an Islamic State Resurgence in Iraq
The Islamic State may have faded from international headlines, but the group remains a potent threat capable of returning with force in its core territory. Since beginning its initial resurgence in Iraq during 2011, the Islamic State has morphed from a local insurgent group to a global movement, with branches that have
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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 5, 2020 | 15:23 GMT
A German Court Ruling Could Trigger a Financial Crisis in Europe
A German court ruling could jeopardize the continuity of one of the European Union's bond-buying programs and result in higher borrowing costs for Southern European countries at a time when their debt levels are increasing due to the COVID-19 crisis. On May 5, Germany's constitutional court ruled that the European Central
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