Economy

Why the United States Needs Nuclear-Powered Icebreakers

When Turkish conglomerate MNG Holding built the 874-room Kremlin Palace Hotel in beachfront Antalya in 2003, its aim was to make Russian tourists feel at home

Crude oil production from U.S. wells is poised to approach a 42-year record next year as drillers ignore the recent decline in price pointing them in the opposite direction.

Russia’s natural gas industry has long been focused on Europe, its main export market. Now, though, it appears to be shifting its attention to Turkey

Total SA (FP) and its partners will use a record 16 ice-breaking tankers to smash through floes en route to and from the Arctic’s biggest liquefied natural-gas development.

Labor, Capital, and Ideas in the Power Law Economy

Israel is pushing for the European Union (EU) to approve the construction of a pipeline running from the Middle Eastern country to supply Cyprus, Greece and Italy with natural gas.

Well, it's said as much, but the real reason for the flood of new Saudi oil is more complicated.

Riyadh has the luxury of waiting for oil prices to revive. For now the priority is keeping the domestic situation quiet and keeping other autocrats in power abroad.

It thus remains to be seen whether Beijing’s new interventionist policy furthers the cause of liberal peace in Africa or actually undermines it in the long run.