A majority of the 22 Arab League member states do not formally recognize Israel or maintain diplomatic relations with it. Key Arab nations without formal recognition include Algeria, Iraq, Kuwait, Lebanon, Libya, Oman, Qatar, Saudi Arabia, Syria, Somalia, and Yemen. Of these Kuwait, Saudi Arabia, Oman, Iraq and Qatar would be considered Gulf States, meaning…
Since Israel and the U.S. attacked Iran, the pressure on oil supply from the Middle East has increased. As a result, oil prices hit their highest level in nearly four years amid energy disruptions, and history holds some clues about how that will impact markets and the economy. Brent crude oil jumped above the $100…
In early March, China’s legislature, the National People’s Congress (NPC), will convene for its annual meeting, which will last about a week. This year’s NPC will be especially consequential because Xi Jinping will roll out the next five-year plan for China’s development. It will lay out Xi’s ambitions through the end of the decade and…
Iran has been a thorn in the side of the U.S. and of Israel since the revolution in 1979, and both countries have been waiting for an opportunity to strike Iran. Israel probably more than the U.S. as Iran had developed proxy terror groups like Hamas and Hezbollah, attacking Israel many times. Trump has repeatedly…
Trump held a long speech, the longest State of the Union ever, around one hour and 45 minutes and he was as expected a showman, tormenting the democrats and high lightening everything positive that he though has been achieved by the administration the last year. Political commentators had speculated that the speech would offer Trump…
