Eurasia Press & News

Oil markets have long been central to discussions of the global economy, and fluctuations in oil prices frequently gain widespread attention. This column explores the impact of the rising use of fracking on how oil markets are best conceived within modern macroeconomic theory. The author’s model predicts that as fracking …

Senior U.S. officials have held a first direct meeting with officials from the Iran-aligned Houthi movement that controls Yemen’s capital, two sources familiar with the matter said, as the new U.S. administration pushes to end a six-year war. The discussions, which have not been officially made public by either side, …

U.N. human rights experts called on Saudi Arabia on Wednesday to free three young Shi’ite Muslims whose death sentences for taking part in protests as minors have been commuted, citing allegations of torture and unfair trials. The kingdom’s human rights record has come under growing U.N. and Western scrutiny. The …

The Syrian pound fell to a record low on the black market on Wednesday, hit by the ripple effect of currency woes in neighboring Lebanon with which it has extensive business and banking ties, dealers and bankers said. Traders said it cost close to 4,000 to buy one dollar on …

Britain, France and Germany have scrapped a US-backed plan for the UN nuclear watchdog’s board to criticize Iran for scaling back cooperation with the agency, diplomats said on Thursday, amid concerns about efforts to revive Iran’s nuclear deal.

The United States has proposed convening a United Nations-sponsored international conference on Afghanistan, a senior U.S. State Department official said. News of the proposal came as the U.S. special envoy to Afghanistan, Zalmay Khalilzad, wrapped up three days of talks in Kabul on March 3 aimed at reviving stalled Afghan …

The United States has welcomed a plan by NATO ally Germany to sail a warship across the disputed South China Sea for the first time after almost two decades, amid tensions with China in the resource-rich waters.

China is expected to tout its strong economic performance during the pandemic and unveil long-term goals for its economy at an annual meeting of its ceremonial legislature beginning Friday in Beijing. Thousands of delegates will attend the National People’s Congress session and a parallel gathering of a political advisory body, …

The papers are full of suggestions on what US President Joe Biden should do about his country’s seemingly perennial involvement in Afghanistan. None are particularly useful, in that they ignore the central premise that a nation state long mauled, molested and savaged should finally be left alone. Nonsense, say the …

“Chinese Confucius Institutes are suspected of espionage” – such headlines graced news articles a couple of years ago, but the reality is that everyone knows about it, but it’s difficult to prove. In this article I will explain the role of these institutes as an instrument of Beijing’s soft power.