Economics & Global Affairs

40 Items

The Panama-flagged, Japanese owned oil tanker Kokuka Courageous, that the U.S. Navy says was damaged by a limpet mine, is anchored off Fujairah, United Arab Emirates, during a trip organized by the Navy for journalists, Wednesday, June 19, 2019.

AP Photo/Fay Abuelgasim

Analysis & Opinions - The Washington Post

The Last Time a ‘Tanker War’ Broke Out in the Persian Gulf, It Lasted for Years

| June 14, 2019

As tensions mounted between the United States and Iran, European nations pressed for a calm response, fearing that any escalation could disrupt trade through the region’s vital Strait of Hormuz, which carries up to a third of global crude oil exports traded via ships. If the strait is blocked or trade there is disrupted by conflict, analysts predict oil prices would surge.

Iran Oil Sanctions: A Rare Case Where Transactional Diplomacy Should Work

AP/Hasan Jamali

Analysis & Opinions - Bloomberg Opinion

Iran Oil Sanctions: A Rare Case Where Transactional Diplomacy Should Work

| Apr. 22, 2019

Secretary of State Mike Pompeo’s most recent announcement on Iran policy has raised some eyebrows. He indicated on Monday morning that the Trump administration will not renew waivers to importers of Iranian crude and that other suppliers (meaning Saudi Arabia) have agreed to increase production in to ensure the global oil market remains well-supplied. Skeptics question whether — after last summer’s debacle — there is sufficient trust between Washington and Riyadh for this arrangement to work. What skeptics may not have digested is that, while timing remains a problem, this is a classic win-win situation. It is a near-perfect example of the very limited universe of occasions when transactional diplomacy could actually work.

Vladimir Putin with President of South Africa Cyril Ramaphosa during the BRICS Summit

Kremlin.ru

Analysis & Opinions - METRO U.N.

Russia in Africa

| Apr. 17, 2019

Russia was absent from Africa for two decades while the European Union, the US and China expanded their relations with the rising states of the continent. Russia’s trade has remained small, in 2018 about $ 17 billion for all of Africa compared with the EU’s $ 156 billion with sub-Saharan Africa alone. But Russia’s posture in Africa is beginning to pivot to the continent.

U.S. President Donald Trump Speaks During a Press Conference in Hanoi, Vietnam, on February 28, 2019.

Associated Press

Analysis & Opinions - The Washington Post

Trump’s Comments on Otto Warmbier are a Reminder He Doesn’t Prioritize Human Rights

| Feb. 28, 2019

The Trump administration has never shown much interest in human rights. Last year, it pulled the United States out of the U.N. Human Rights Council. In 2017, within months of President Trump’s inauguration, then-Secretary of State Rex Tillerson said diplomats should not let human rights values become “obstacles” to achieving national goals. Trump has spoken favorably about some of the world’s most vicious dictators.

U.S. Secretary of State Mike Pompeo

Victoria Sarno Jordan

Analysis & Opinions - The New York Times

Defender of World Order or Trump Mouthpiece? Pompeo Is Tested by North Korea, Iran and U.S. Allies

| Feb. 24, 2019

In the eyes of Mike Pompeo, the day was shaping up to be one of his most commanding displays of diplomacy since becoming secretary of state. Months of planning had finally yielded a meeting among reluctant European officials, Arab leaders and the Israeli prime minister to strategize over confronting Iran.