I’ve focused mostly on civil aviation. But there is also defense spending. In the Middle East, defense spending will probably rise to more than $100 billion by 2014, from only $36 billion now…
March 5th, 2010 | Chris Mayer | 5 comments | ContinuedAll Posts Tagged With: "Middle East"
Economists With Their One-stop Solution: Stimulate Consumer Spending
But $150 oil warned us: continue down that road and you will run out of gas. There isn’t enough oil in the world to allow US-style consumption for everyone.
December 21st, 2009 | Bill Bonner | 14 comments | Continued
The Kind of World the Next Generation Will Inherit
Then, on top of an increasingly worthless currency, Generation iPod also inherits about a quarter of a million dollars each in unfunded Social Security and healthcare obligations…
November 2nd, 2009 | Joel Bowman | 38 comments | Continued
Arab Wealth Pours Back into Dubai
“The real boom in Dubai really only kicked off recently. After spending some time here and chatting with those who live here, I would boil down the more important ingredients to these:…
October 14th, 2009 | Bill Bonner | 0 comments | Continued
Britain, the Empire Which Had Paramount Global Power
Historians agree that Britain’s rise as a pre-eminent global power came as a response to changing circumstances and not as a part of a grand master plan; Britain, it has been said, stumbled into an empire.
October 7th, 2009 | Leon Hadar | 3 comments | Continued
China is the World’s Largest Exporter to the Middle East
The economic crisis has only intensified the trend. It’s no wonder. The Middle East’s imports from China are still growing, albeit in low single-digit figures, even as the United States imports from China collapse at near twenty percent rates relative to last year’s levels.
July 30th, 2009 | Ben Simpfendorfer | 0 comments | Continued
