by Asharq Al-Awsat English | Jan 25, 2016 | Business
Oil prices fell 3 percent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market. This fall lead to wiping out much of the gains made in one of the biggest-ever daily rallies last week. Brent crude, the global benchmark, was...
by Asharq Al-Awsat English | Jan 19, 2016 | Business
After more than a decade of rapid growth; China’s economy has been experiencing a painful slowdown for the last two years. Matching by the time the central government seeks to move towards an economy led by consumption and services, rather than one driven by...
by Amir Taheri | Jan 15, 2016 | Opinion
According to a saying attributed to the Russian mystic Alexei Khomiakov, reality is like a rooster that wakes you up with its crowing when you are in the depth of a sweet dream. Khomiakov was a leader of the Slavophiles who dreamt of uniting all “Slav nations” under...
by Abdulrahman Al-Rashed | Dec 30, 2015 | Opinion
I do not think that the pricing decisions announced by the Saudi government is a case of belt tightening as some have said. They say that these decisions are temporary and a response to the terrible decline in oil prices that aim to reimburse huge losses suffered by...
by Asharq Al-Awsat | May 25, 2015 | World
New Jersey, Reuters—Mathematician John Nash, a Nobel Prize winner whose longtime struggle with mental illness inspired the movie A Beautiful Mind, was killed in a car crash along with his wife in New Jersey, state police said on Sunday. The couple were in a taxi when...