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Oil: Caught in the middle of a perfect storm
Oped, Gwynne Dyer, Published on 24/04/2020
» For the global oil industry, it has been a double whammy. First, a foolish price war between two of the world's three biggest producers, Russia and Saudi Arabia, drove the price per barrel down from almost US$70 (2,260 baht) in early January to under $50 in early March. They were fighting each other for market share, and they were also hoping that lower prices would kill off US shale oil, whose production costs are higher.
Brexit stirs serious talk of apocalypse
News, Gwynne Dyer, Published on 20/06/2016
» How's this for apocalyptic? "As a historian I fear Brexit [a British vote to leave the European Union in the referendum on June 23] could be the beginning of the destruction of not only the EU but also Western political civilisation in its entirety," said Donald Tusk, the president of the European Union, in an interview published on Monday in the German newspaper Bild.
Property in Iraq fuelled by dirty money
News, Gwynne Dyer, Published on 04/05/2016
» Property prices in central Baghdad are as high as London's, even though Iraq's national income is down by 70% since the collapse in the oil price. Islamic State's (IS) bombs regularly devastate parts of the capital, and still the real estate market booms. Why?