The Great Debate

from Anatole Kaletsky:

Here’s why oil companies should be a lot more profitable than they are

By Anatole Kaletsky
December 5, 2014

Shaybah oilfield complex is seen at night in the Rub' al-Khali desert, Saudi Arabia

The 40 percent plunge in oil prices since July, when Brent crude peaked at $115 a barrel, is almost certainly good news for the world economy; but it is surely a crippling blow for oil producers. Oil prices below $70 certainly spell trouble for U.S. and Canadian shale and tar-sand producers and also for oil-exporting countries such as Venezuela, Nigeria, Mexico and Russia that depend on inflated oil revenues to finance government spending or pay foreign debts. On the other hand, the implications of lower oil prices for the biggest U.S. and European oil companies are more ambiguous and could even be positive.

from John Lloyd:

The problem(s) with Israel

By John Lloyd
November 20, 2014

Israeli Ultra-Orthodox Jews carry the body of Rabbi Mosheh Twersky onto a vehicle during his funeral in Jerusalem

Israel had grown accustomed to an absence of terrorist attacks in its cities: so the bloody murder of four worshippers and wounding of eight more at a Jerusalem synagogue on Tuesday was a shock. It illuminates the fragile, fractious state of the country, including the fact that the cabinet is riven, and may collapse soon.

from Ian Bremmer:

Oil price plummet won’t help U.S. with Iran or Russia

By Ian Bremmer
November 11, 2014

A motorist holds a fuel pump at a Gulf petrol station in London

Plummeting oil prices — down more than 25 percent since June to three-year lows — should relieve pressure on consumers at the pump. But is it pushing oil-exporting regimes past the breaking point?

Five questions for America on Syria

By Aki Peritz
October 3, 2014

A pair of U.S. Air Force F-15E Strike Eagles fly over northern Iraq

When the United States began bombing Islamic State and Jabhat al-Nusra positions in Syria last month, it entered into a conflict that has been grinding on for more than three years. Here are five major questions America needs to answer as the fighting unfolds in the weeks ahead:

Germany exports massive amounts of arms, hypocrisy

By Josef Joffe
September 22, 2014

A MG3 automatic weapon that is part of a German military aid shipment for Kurdish forces in Northern Iraq is on display for the media at a storage facility of the Bundeswehr armed forces in Waren 

Who is the world’s No. 3 arms exporter, after the United States and Russia? Surprise. It is Germany, a country bound by law to supply only allies and peaceable folks like (neutral) Switzerland or Sweden. Off limits are “areas of tension” — bad neighborhoods that actually need the stuff.

from Breakingviews:

Iraq troubles are unlikely to bring new oil crisis

June 24, 2014

By Fiona Maharg-Bravo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

The religion-fueled fight in Syria

By David Patrikarakos
February 19, 2014

The second round of peace talks in Geneva between representatives of Bashar Al-Assad’s regime in Syria and rebel forces has ended with both sides blaming each other for the lack of progress. Beyond the finger-pointing, however, lies a growing danger to the goal of a negotiated settlement. The civil war’s religious divides are widening, making compromise unthinkable.

Is there a ‘right’ path for the U.S. in Syria?

By Anja Manuel
January 21, 2014

Key parties to the conflict in Syria are meeting in Switzerland on Wednesday. The participants have been downplaying expectations that the “Geneva II” peace conference — which will bring together for the first time representatives from the Assad government and various rebel groups along with major international players — will resolve the conflict, or even bring about a ceasefire.

Human Rights Day: Still pursuing religious freedom

By Katrina Lantos Swett and Mary Ann Glendon
December 10, 2013

December 10 marks Human Rights Day, the 65th anniversary of the landmark Universal Declaration of Human Rights (UDHR), signed by 48 nations — with just eight abstentions.

Too many cooks in the Iran nuclear kitchen

By Yousaf Butt
November 14, 2013

Last weekend, after years of failed negotiations, the “P5+1” nations — the five permanent members of the United Nations Security Council (the United States, Britain, France, Russia and China) plus Germany — finally appeared to be on the verge of a deal with Iran regarding curbs on its nuclear program.