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Syria peace talks in Geneva face more delays
Mar06

Syria peace talks in Geneva face more delays

The next round of United Nations-sponsored peace talks in Geneva faces more delays amid concerns some pro-opposition negotiators want to force the UN’s hand and bring about a political standoff with embattled Syrian President Bashar al-Assad. While  Staffan de Mistura, the UN Special Envoy for Syria, indicated talks could start next week, other reports said they could take longer to get off the ground. More than 135 people were...

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Saudi Arabia borrows more as fiscal, security problems multiply
Aug07

Saudi Arabia borrows more as fiscal, security problems multiply

Saudi Arabia is borrowing more from international markets to meet fiscal shortfalls caused by the halving of the crude oil price, additional unbudgeted expenses prosecuting the war on Yemen and enhanced security needs. In July the kingdom issued its first sovereign bonds since 2007 to raise about $4 billion from local banks. It’s also been dipping into sovereign fund reserves and now plans to raise another $27 billion, a figure...

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Turkey complicates the fight against ISIL
Jul28

Turkey complicates the fight against ISIL

Turkish diplomatic and military moves are complicating the fight against Daesh aka Islamic State, ISIL or ISIS. Today (28 July 2015) Turkey is hoping to widen European/NATO support for its military offensive in Syria whose ultimate aim remains far from clear. The Turkish attacks in Syria are seen in the West as helping the fight against ISIL. From Kurdish standpoints these attacks are aimed at crushing the Kurds. Are the Turkish hits...

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