Interpreting Middle East Economic News and Analyzing Market Trends

Archive for April, 2014

What’s at stake for the Middle East in Ukraine

Ukraine Farmalnd

Photo Source: Modern Diplomacy

With the crisis in Ukraine going from bad to worse, all attention has been on the increasing tensions in the region and its effects on the Ukrainian and Russian economies.  There is a lot more at stake than these economies alone.  Take for example the Middle East; it has a lot at stake in the Ukraine than most realize.  Not much has been said about this, which needs some attention.

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Germany looks to cancel Saudi mega tank deal

German tanks to Saudi

Source: DefenceNews

Saudi Arabia’s plans to buy up to 800 German tanks is in jeopardy.  Germany’s Economy Minister, Sigmar Gabriel, is against the deal and without his approval it will not go through, according to German newspaper Bild.

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The shale oil and gas boom continues to fall below expectations

Shale Well Site

Problems continue to mount for US shale oil and gas production.  Not only has production fallen below expectations, investors, including big oil companies, have been forced to write-down billions of dollars in shale investments recently.  The ‘shale revolution’ continues to be more hype than reality.

 

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