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Netanyahu’s choice risks Israel’s future

©AFP Benjamin Netanyahu Observers of Israeli politics might have imagined that there was not much that Benjamin Netanyahu could do to shift his ruling coalition further to the right. Yet…

Why inaction in Libya will prove costly

©AFP A burning oil storage tank at Es-Sider, Libya. Isis has a foothold in the east of the country There are many reasons why sending more weapons to Libya might…

Saudi in talks with banks over bond sale

©Swisshippo/Dreamstime Saudi Arabia is advancing plans for its first international bond sale as the kingdom seeks to address damage caused to its public finances by lower oil prices. A number…

IMF agrees $5.4bn bailout for Iraq

©Reuters High cost: A suicide car bomb attack in Baghdad’s Shia district of Sadr City earlier this month The International Monetary Fund has agreed to give Iraq a three-year $5.4bn…

Risk of Erdogan’s pursuit of one-man rule

©AP Whatever else one thinks of Recep Tayyip Erdogan, one has to admire his audacity. Turkey’s autocratic leader came to power in 2002 on a promise to break the grip…

IMF calls on Tehran to reform economy

©Bloomberg David Lipton, first deputy managing director of the IMF, and Christine Lagarde, managing director Iran must implement macroeconomic and structural reforms and combat money laundering and terrorist-financing if it…

Moody’s downgrades Saudi credit rating

©AP Moody’s has downgraded Saudi Arabia’s credit rating, underlining deepening concern over the country’s precarious fiscal position and ability to diversify away from oil revenues. The negative ratings action, the…

Saudi reforms show serious intent

©Swisshippo/Dreamstime Reform in Saudi Arabia has tended to progress at the speed of the slowest camel in the caravan — if at all. Any concessions to liberals are matched by…

The many obstacles that Iran faces

©AP An Iranian woman casts her ballot The run-off in Iran’s parliamentary elections seems to have given Hassan Rouhani, the centrist president, a workable parliamentary majority if his followers combine…

Scepticism over Saudi sell-offs

©AFP Mohammed bin Salman, known as MbS, has a reputation for strong-headedness When Saudi Arabia unveiled its ambitious plan to replace decades of dependence on oil with a thriving private…