Middle-east Arab News Opinion | Asharq Al-awsat

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Mr. Obama has condemned Jewish settlements in the Palestinian Territories – AP

U.N. Security Council Demands Halt of Settlement Activity by Israel, U.S. Abstains from Voting

by Mounir al-Mawri, Jordan Daqamsah | Dec 24, 2016 | Middle East

Washington, New York – The U.N. Security Council has voted in favor of a resolution demanding the halt of settlement activity by Israel on occupied Palestinian territory with the U.S. notably abstaining from voting. The resolution was put forward at the 15-member...

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Mercosur Bloc Suspends Caracas from Presidency

by Luisa Polido | Dec 19, 2016 | Business, World

Caracas- The South American economic bloc Mercosur has suspended Venezuela for failing to fulfill its membership obligations. The bloc’s founding members – Brazil, Argentina, Paraguay and Uruguay – made the decision after concluding Venezuela had not...

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Employees work on drilling rigs at an oil well operated by Venezuela’s state oil company PDVSA in Morichal July 28, 2011. REUTERS/Carlos Garcia Rawlins

U.S. Justices Drill Down on Venezuela Oil Rig Dispute

by Asharq Al-Awsat English | Nov 2, 2016 | World

Some U.S. Supreme Court justices on Wednesday seemed extra concerned about the foreign policy implications of making it easy for foreign governments to be sued in U.S. courts as they considered a lawsuit by an Oklahoma-based oil drilling company that claims Venezuela...

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Supporters of Venezuela’s President Nicolas Maduro shout slogans as they gather outside the National Assembly building during a session in Caracas, Venezuela October 27, 2016. REUTERS/Carlos Garcia Rawlins

Economic, Political Venezuelan Crisis at a Crossroad

by Luisa Polido | Oct 29, 2016 | World

Caracas- The recent strikes in Venezuela have reflected the country’s escalating political conflict accompanied with economic crises that resulted in the highest inflation rate worldwide according to the World Bank and a shortage of hard currency, leading to...

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Saudi King Salman bin Abdulaziz (right) escorts Venezuela’s President Nicolas Maduro (left) during a welcoming ceremony at the King Khalid International airport.— AFP

Venezuelan Ambassador: Saudi Arabia is a Close Friend, We Aim to Stabilize Oil Market

by Abdul Hadi Habtor | Oct 27, 2016 | Business

Riyadh – Venezuela confirmed that the upcoming OPEC meeting will pave the way for a new step in the oil market. Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC are expected to agree on freezing or decreasing oil production to rebalance the prices...