Protests have rekindled in Cairo's Tahrir Square on a grand scale. Hundreds were injured and expressed their frustration at what they see at the snail's pace of change after the Arab uprisings that started in Tunis six months ago.
It is a good (...)
Protests have rekindled in Cairo's Tahrir Square on a grand scale. Hundreds were injured and expressed their frustration at what they see at the snail's pace of change after the Arab uprisings that started in Tunis six months ago.
It is a good (...)
A surprise attack from an unlikely source sent oil prices reeling this past week.
The International Energy Agency, the Paris based research arm of 28 industrialised countries, held an emergency press conference to announce that its members would (...)
It does not take much to get the market in Athens agitated these days. Not a trading session goes by without rumors of a pending restructuring of Greek debt.
But what seemed on the surface to be a straightforward exchange of internal thoughts at (...)
Two so called “Days of Rage” have been etched in the month of March in Saudi Arabian calendars. One just passed without major upheaval, but with a high level of intervention by interior security forces and imams advising followers not to take to the (...)
As an active observer and a consistent visitor of the Middle East, one asks a simple question: Why does it have to be this way?
I am not talking about Shia/Sunni divides, the Palestinian/Israeli conflict or Iran's growing influence in the region, (...)
While the football world and all its fans were rightly focussed on Qatar 2022 — a story kept on the boil by FIFA President Sepp Blatter — the tiny Gulf state announced a big milestone for the natural resource that made it famous, natural gas.
77 (...)
There was plenty of grist for the rumor mill this past week, as the Irish government sheepishly admitted that a bailout for its banks may be a wiser option after all.
A side-car victim of Ireland's lending crisis is the hotel and leisure group (...)
ABU DHABI: The good news is that the G20 represents 85 percent of global output. The bad news is that it is functioning more like the G2 with the current superpower (US) and the future superpower (China) dominating the agenda.
US President Barack (...)
If vibrant colors, sights and sounds were rated as indicators to attract business and foreign direct investment, Marrakech and Morocco in general would win that competition hands down. Entering the giant market square Jemaa El Fna a half hour before (...)
VIENNA: Autumn 1960 in Baghdad, five heads of state sign on the dotted line to alter the course of energy for decades to come. Today, the 12 members of OPEC sit atop just over three quarters of the world's proven reserves — more than 1 trillion (...)
SCHLOSS ELMAU: In one of the most picturesque corners of Europe a discreet but high level group of global executives expressed concern about the state of play in the West, but offered their relentless enthusiasm for the expansion in the East — from (...)
There is severe break down in communication between the Middle East and Research in Motion surrounding a device designed to enhance dialogue — the Blackberry.
From Washington to Silicon Valley and north of the border in Canada (where RIM is (...)
ABU DHABI: On our program we have a special segment called “Bright Sparks” that features the rising stars of the next generation, those that are coming up with bright ideas that create companies, jobs and fulfill dreams.
The flotilla attack not (...)
KUALA LUMPUR: There is a hobby that one sees retirees or others with plenty of time on their hands partaking in. They strap long metal detectors on their arms and with headsets in place scan the sands of the US in search of a treasure. The prize is (...)
The world is still trying to size up the validity and effectiveness of the European Union $1 billion support package for Greece and future emergencies on the continent.
Even though, Greece's gross domestic product is relatively small at $324 (...)
SINGAPORE: Only two weeks after European Union leaders cobbled together a backroom deal for Greece, the stitches are coming undone and the southernmost member of the EU is back in the firing line.
What the 27 member bloc is lacking in (...)
It is an event, like Davos, known more by its location name than anything else. The European House/Ambrosetti Financial Workshop has been a discreet but respected venue for two decades, held on the cusp of spring in Cernobbio on Lake Como.
The (...)
It is without a doubt one of the most pressing issues for the region today, described appropriately by Queen Rania of Jordan as a "ticking time bomb. The region has the largest proven oil reserves and therefore bankable wealth in the world but it (...)
The size and scale of the protests in Greece were hard to ignore. Athenians filled Constitution Square in the heart of the capital protesting the austerity measures being put forward by the government of George Papandreou. This is his first major (...)
CAIRO: We traveled out to Giza to tape our video links for the program wanting to utilize the fabled backdrop of the Pyramids for maximum impact. Egyptians normally cringe at the thought because they believe the image represents the past and they (...)
As a cub financial journalist, the first theory one must understand is that of supply and demand. At its core, the model is based on price, usage of product and its availability. The price will fluctuate according to supply and demand.
However, (...)
It was one of those moments where I needed to run a reality check of my own as I was preparing for our live coverage from Davos and an interview with Bob Diamond of Barclays Bank.
Diamond appeared on the first panel at this year's World Economic (...)
DAVOS: George Papandreou swept into power in the autumn after the conservative leader threw in the towel and called elections early on a wave of corruption scandals. He inherited a far worse set of books than anyone could have ever (...)
A great deal can unfold in the span of 24 hours in Davos. That certainly was the case on the issue of banking regulation.
The annual meeting of the forum opened with a panel of financiers pulling out their crystal balls for 2010/11. One in (...)