16.4 C
Thursday, December 7, 2023


deindustrialization europe

Russia-Ukraine war pushing Europe into increased deindustrialization

The Russian invasion of Ukraine has drawn global attention on the Russian Federation, with analysts from many spheres, ranging from economics to military, trying to predict the outcome of the war in...

Lebanon-Israel deal: The state of war (over gas) is over

Was it a true historic moment? Future will tell after, after Israel and Lebanon having concluded a “historic agreement” over a shared maritime border following month of US led negotiations.

Russia vs. Saudi Arabia: Behind the curtains of the oil battle

The Russian invasion of Ukraine has reshuffled the cards of the alliances on the global energy market. Moscow and Riyadh are now playing a dangerous game on the long run. But let’s...

Will decentralized solar power become the solution to Lebanon’s electricity blackouts?

The electricity scene in Lebanon is notorious for long power cuts leaving households, retailers, and industries in near-permanent anemia. Since decades chronic power shortages in Lebanon have been routine. Erratic power supplies...
Russia Ukraine crisis

Russia-Ukraine crisis: The ramifications on Europe and MENA

Midst ongoing diplomatic efforts to avert what the United States and its allies say is a potential invasion of Ukraine by Russia, let us take a look at the background of the...
bachar el-assad

Lebanon’s energy crisis: Syria is back in the game

The economic crisis in Lebanon has been deepened by an energy crisis following the drying up of imported fuel into the country. This energy crisis has made life in Lebanon acutely difficult...

Afghanistan: U.S. loss is China’s gain

Afghanistan by itself is a true spoil of war. Ever since Soviet geologists mapped Afghanistan’s crags and valleys for minerals and raw materials, which according to estimates are worth trillions of dollars,...
Lebanon fuel shortage

Lebanon: The looming economic collapse

Basic medical facilities and emergency services won’t be able to face the crisis. It will be game over soon. "Doctors and nurses faced grave dangers as they battled in the frontlines against...
Michael Wurmser Norge Mining

Michael Wurmser: “Norway is a game changer for Europe”

ByTheEast: How did you come to work in Norway? Michael Wurmser: I was already in the commodity business when I was involved in Norway through friends. We had...
lebanon oil gas

Lebanon’s gas boom dead in the water?

Lebanon’s quest for gas and oil has so far yielded no meaningful results with the country’s first-ever offshore search for hydrocarbons throwing up commercially unviable results. “No matter where you turn, the...