L
ibya is planning to double its crude oil production next year. Although it has been an OPEC member since 1962, as well as the African country with the largest (and best quality) oil reserves, for obvious geopolitical reasons it has not been involved in the recent agreement between OPEC and non-OPEC countries, which favours the Russian Federation, reconnects Russia to Saudi Arabia, thus avoiding too close a link between Russia and Iran, and make Russia play a primary broker’s role in the Middle East.

Published in Middle East

T
he agreement between the Libyan factions signed in Morocco on December 17, 2015 has not been implemented yet. It implied an enlightened "process of national reconciliation" - obviously bottom-up - that no one wanted to put in place while bullets were whizzing and the self-styled "Caliphate" of Abu Bakr al Baghdadi established itself in the Sirte region.

Published in Middle East

I
t is only with difficulty that Obama's friends and foes alike can dispute his leadership abilities. Charismatic, humane, inspirational, well-read, composed- name it, he has it. And yet, going back to examine his foreign policy-making, whether one calls it 'entrenchment' or 'offshore balancing',  fact remains that America today finds itself in retreat.

Published in Americas

E
IA recently reported that this year (2017) will see a highly volatile oil price. From 30th November to hitherto oil prices have seen a considerable upward trend. The prices have fluctuated at times due to the build-up in inventory and increase in the rig count, and at times when the wave of uncertainty swept across the markets---as it did in case of Libya and Iraq. Kuwait, Saudi Arabia and others have reported to be cutting their production as per the agreement.

Published in Market Insights

Y
et another mass shooting in the U.S., this time at Ft. Lauderdale airport, Florida's second largest. A certain Esteban Santiago flew from Alaska changing planes en route at Minneapolis. Arriving, he headed to the baggage collection area, claimed his suitcase, opened it in the privacy of a toilet, removed a gun, methodically loaded it, and began shooting in the baggage area. When the police reached him, he was sitting on the floor with the gun in front of him. He offered no resistance.

Published in Americas

P
resident Obama's final foreign policy speech at MacDill air force base in Tampa, betrayed its purpose through the venue. The Tampa, Florida, base is home to Special Operations Command and Central Command -- Special Operations playing an ever increasing role in counter terrorism.

Published in Terrorism

T
he stage is set. The world waits. There are murmurs and whispers. There are speculations and surmises. On 30th November OPEC and Non OPEC countries engage in a rendezvous in an effort to secure a deal. The whole world looks up to it. But a thwart seems to hang over.

Published in Energy

A
ll seemed hunky-dory. The air was suffused with a sanguine current cascading through the markets and rallying up the prices touching a year-high of $53.73. Saudi Arabia aims to cut 2%-4% of total production and Russia also says that it will drain some 700,000 bpd. But the whole scenario was tinged with a shadow of askance.

Published in Energy
Page 1 of 4

ABOUT MD

Modern Diplomacy is an invaluable platform for assessing and evaluating complex international issues that are often outside the boundaries of mainstream Western media and academia. We provide impartial and unbiased qualitative analysis in the form of political commentary, policy inquiry, in-depth interviews, special reports, and commissioned research.

 

MD Newsletter

 
Top