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The Debt Crisis Is Mounting For Oil Economies
The Debt Crisis Is Mounting For Oil Economies Dubai. Abu Dhabi. Bahrain. And, of course, Saudi Arabia. The two emirates this year issued debt for the first time in years. So did Bahrain. Saudi Arabia stepped up its debt issuance. The moves are typical for the oil-dependent Gulf economies. When the going is good, the […]
Bahrain Discovers Largest Oil Field With 80 Billion Barrels In Reserves
Bahrain Discovers Largest Oil Field With 80 Billion Barrels In Reserves Bahrain officials have revealed that the tiny gulf kingdom has discovered some 80 billion barrels of shale (otherwise known as tight) oil – the kingdom’s largest oil and gas find ever. The field also discovered 14 trillion cubic feet of natural gas beneath an […]
“This Is A Dangerous Iranian Escalation”: Bahrain Blames Pipeline Explosion On Iran, Terrorists
“This Is A Dangerous Iranian Escalation”: Bahrain Blames Pipeline Explosion On Iran, Terrorists There was something odd about Friday’s night’s explosion of an oil pipeline belonging to Bahrain’s state-run oil company BAPCO, which local authorities initially said was the result of an accident: as we said, the giant fireball had all the hallmarks of either […]
Another Gulf Crisis: Dinar Devaluation Looms As Bahrain Begs Neighbors For Bailout
Another Gulf Crisis: Dinar Devaluation Looms As Bahrain Begs Neighbors For Bailout Despite the recent rise in oil prices, all is not well among the allies in the Gulf. The ‘pegged-to-the-dollar’ Bharaini Dinar has tumbled in the last few days as Bloomberg reports the nation has asked Gulf Arab allies for financial assistance as it […]
Bahrain Races To Meet Growing Power Demand
Bahrain Races To Meet Growing Power Demand At the end of June the Electricity and Water Authority (EWA) closed its prequalification process for interested developers in the tender round for the Al Dur 2 Independent Water and Power Project. After review by the authority, the project will be awarded on a build-own-operate basis, though further […]
It’s A “Geopolitical Earthquake”: A Stunned World Responds After Saudi Alliance Cuts All Ties With Qatar
It’s A “Geopolitical Earthquake”: A Stunned World Responds After Saudi Alliance Cuts All Ties With Qatar Virtually nobody saw it coming. Late on Sunday night, the Saudi-led alliance of Gulf Arab states, Saudi Arabia, the UAE and Bahrain including Egypt, shocked the world when they announced they had severed ties and closed borders with one […]
World War 3 Could Start This Month: 350,000 Soldiers In Saudi Arabia Stand Ready To Invade Syria
World War 3 Could Start This Month: 350,000 Soldiers In Saudi Arabia Stand Ready To Invade Syria 350,000 soldiers, 20,000 tanks, 2,450 warplanes and 460 military helicopters are massing in northern Saudi Arabia for a military exercise that is being called “Northern Thunder”. According to the official announcement, forces are being contributed by Saudi Arabia, the […]
Iran Seizes 2 US Navy Boats, Crewmen
Iran Seizes 2 US Navy Boats, Crewmen Tensions were already running high between Tehran and Washington in the wake of Iran’s move to test-fire a next generation surface-to-surface ballistic missile with the range to hit Israel. And then the IRGC conducted a live-fire rocket test within 1,500 yards of a US aircraft carrier in the […]
Time to Start Paying Attention: Why Saudi Arabia Might Pull the US into Another War
Time to Start Paying Attention: Why Saudi Arabia Might Pull the US into Another War (ANTIMEDIA) After Saudi Arabia executed prominent Shi’ite cleric, Sheikh Nimr Baqr al-Nimr, and 46 other people, protesters stormed the Saudi embassy in Tehran on Saturday, ransacking and setting fire to the building and its contents. In a surprise response the following day, Saudi Arabia announced […]
From Baghdad to Bahrain…From Beruit to Tehran – Tensions Are Exploding Across the Middle East
From Baghdad to Bahrain…From Beruit to Tehran – Tensions Are Exploding Across the Middle East Either the rebel prince succeeds in convincing enough people who matter to remove the King, or the King counters and drives the prince out. The former situation is far and away the best option for stability in the Middle East, […]
It’s On: Saudis Sever Diplomatic Ties With Iran, Will Confront Iranian “Hostility”
It’s On: Saudis Sever Diplomatic Ties With Iran, Will Confront Iranian “Hostility” Earlier today, as Iranian police struggled to disperse protesters gathered outside the Saudi consulate in Mashhad, we said the following about the rapidly deteriorating situation: If crude needed an excuse to rally, then surely this is it as it now appears that in addition to […]
Protesters Set The Streets On Fire In Bahrain After Saudis Kill Top Shiite Cleric
Protesters Set The Streets On Fire In Bahrain After Saudis Kill Top Shiite Cleric Earlier today, we documented Saudi Arabia’s largest mass execution in 25 years. In what was billed as an effort to rid the world of 47 “terrorists”, the Saudis killed dozens of al-Qaeda affiliates and four Shiites who stood accused of shooting policemen in […]
In the Same Week, the US and UK Hide Their War Crimes By Invoking ‘National Security’
In the Same Week, the US and UK Hide Their War Crimes By Invoking ‘National Security’ Colonel Ian Henderson was a British official dubbed “the Butcher of Bahrain” because of atrocities he repeatedly committed during the 30 years he served as chief security official of that Middle Eastern country. His reign of terror began in 1966 […]
