Peter's Feed
Jan 5, 2012

Iran could close Hormuz — but not for long

LONDON (Reuters) – Should Iran’s rulers ever make good their threats to block the Straits of Hormuz, they could almost certainly achieve their aim within a matter of hours.

But they could also find themselves sparking a punishing — if perhaps short-lived — regional conflict from which they could emerge the primary losers.

Jan 5, 2012

Analysis: Iran could close Hormuz — but not for long

LONDON (Reuters) – Should Iran’s rulers ever make good their threats to block the Straits of Hormuz, they could almost certainly achieve their aim within a matter of hours.

But they could also find themselves sparking a punishing — if perhaps short-lived — regional conflict from which they could emerge the primary losers.

Dec 19, 2011

N.Korea leadership struggle would bring wider risks

LONDON (Reuters) – In the short term, international worries over North Korea following the death of Kim Jong-il centre on a potential domestic leadership struggle that could heighten the risk of renewed conflict on the peninsula.

In the much longer run, however, the death could also usher in a quite different challenge: the hugely expensive task of reunifying Korea and reintegrating the world’s most isolated state into the global economy.

Dec 19, 2011

Analysis: N.Korea leadership struggle would bring wider risks

LONDON (Reuters) – In the short term, international worries over North Korea following the death of Kim Jong-il centre on a potential domestic leadership struggle that could heighten the risk of renewed conflict on the peninsula.

In the much longer run, however, the death could also usher in a quite different challenge: the hugely expensive task of reunifying Korea and reintegrating the world’s most isolated state into the global economy.

Dec 15, 2011

2012 could prove even wilder ride than 2011

LONDON (Reuters) – The ancient Mayans attached special significance to 2012, possibly the end of time. That has spawned a rush of apocalyptic literature for the holiday season.

But you don’t have to believe the world is about to end to realise that next year contains perhaps the widest range of political risks to the global economy in recent history.

Dec 15, 2011

Analysis: 2012 could prove even wilder ride than 2011

LONDON (Reuters) – The ancient Mayans attached special significance to 2012, possibly the end of time. That has spawned a rush of apocalyptic literature for the holiday season.

But you don’t have to believe the world is about to end to realize that next year contains perhaps the widest range of political risks to the global economy in recent history.

Dec 7, 2011

Governments lag firms in planning for euro split

LONDON (Reuters) – Cashpoints freezing, savers besieging banks, riots, shortages – a euro zone breakup could bring chaos. But while some governments are tentatively thinking about such an eventuality, albeit a remote one, others are holding back.

Preparations at government and official level appear much less advanced than in the business sector, where risk managers have begun to think what was once unthinkable.

Dec 7, 2011

Analysis: Governments lag firms in planning for euro split

LONDON (Reuters) – Cashpoints freezing, savers besieging banks, riots, shortages – a euro zone breakup could bring chaos. But while some governments are tentatively thinking about such an eventuality, albeit a remote one, others are holding back.

Preparations at government and official level appear much less advanced than in the business sector, where risk managers have begun to think what was once unthinkable.

Dec 5, 2011

Analysis: “Cold War” with Iran heats up across Mideast

LONDON (Reuters) – Worries of Israel striking Iran might or might not be overblown but across the region the largely hidden “cold war” between Tehran and its enemies is escalating fast, bringing with it wider risk of conflict.

Speculation Israel might attack Iran’s nuclear program has been rife in the Israeli media and oil markets in recent weeks, with concerns that Tehran might retaliate with devastating attacks on Gulf oil shipments.

Dec 5, 2011

“Cold War” with Iran heats up across Mideast

LONDON (Reuters) – Worries of Israel striking Iran might or might not be overblown but across the region the largely hidden “cold war” between Tehran and its enemies is escalating fast, bringing with it wider risk of conflict.

Speculation Israel might attack Iran’s nuclear programme has been rife in the Israeli media and oil markets in recent weeks, with concerns that Tehran might retaliate with devastating attacks on Gulf oil shipments.

    • About Peter

      "Peter Apps is political risk correspondent for Europe, the Middle East and Africa, covering a range of stories on the interplay between politics, economics and markets. Previously, he was emerging markets correspondent based in London after postings in southern Africa and Sri Lanka. His neck was broken in a vehicle smash on assignment in Sri Lanka in 2006, leaving him largely paralysed from the shoulders down."
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