A decision by the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers like Russia to temporarily end a price war and cut production amounts to a time-out rather than an end to what is likely to erupt at some point in the future as a tripartite war.
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The pandemic will unleash worst recession since Great Depression, says IMF chief
The coronavirus pandemic sweeping the world will turn global economic growth “sharply negative” in 2020, triggering the worst fallout since the 1930s Great Depression, with only a partial recovery seen in 2021, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva said.
Read More »US engagement in the Black Sea and Middle East. What more can be done?
Since Russia’s invasion of Georgia in 2008 and annexation of Crimea in 2014, the United States has spent billions on Black Sea security. Assistance has been insufficient in real terms however, given Russia’s continued aggression and land grabs. US support for the Black Sea and the Middle East has been …
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