The death of the ICC-wanted heir removes a major obstacle to the country’s stalled elections, even as his supporters decry a ‘treacherous’ end for the man who once promised reform – and later, ‘rivers of blood’. Saif al-Islam Gaddafi, the son of Libya’s late longtime ruler, Muammar Gaddafi, was killed …
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The End of the Middle East’s Oil Bonanza
The Middle East has finally arrived at the grim reckoning long barreling toward it: a ruinous collapse of oil revenues that renders government deficits utterly unsustainable. Among the wealthy Gulf Cooperation Council (GCC) states, four are running persistent annual budget deficits that are eroding their sovereign wealth reserves and plunging …
Read More »Secretive Firms From U.K. to Singapore Win $200M in Tenders From Uzbek State Giant
Over the past three years, two U.K. companies with no prior record in the mining industry have won tens of millions of dollars in Uzbek state procurement contracts with a mining behemoth known as a “crown jewel” of Uzbekistan’s economy. One was owned, on paper, by a septuagenarian British bookkeeper …
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