Middle East: What you need to know for July 10
By Bloomberg
11 July 2017 |
8:01 am
Bloomberg's Tracy Alloway gives you the top First Word headlines on "Bloomberg Markets: Middle East." Watch continued coverage on Bloomberg Television for more on issues surrounding oil, investment, and markets.
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5 Aug 2022
Refining oil illegally is so lucrative in Nigeria that many engage in the practice despite the dangers and a government crackdown. Some of those involved told DW they had no other option to earn a living.
10 Aug 2022
A deadly fire at Cuba's main oil terminal Matanzas is still burning days after one of its gas tanks was struck by lightning. Mexico and Venezuela have deployed teams to help contain the blaze.
14 Aug 2022
North Dakota is a hub of the US hydraulic fracturing industry and the country's second-biggest oil producer. Surging demand for fracked oil and gas amid the Ukraine war means booming business, sidelining green energy.
12 Aug 2022
India is trying to strengthen its long-standing ties to countries on the continent as New Delhi attempts to catch up with China, which has emerged as Africa's largest trading partner.
22 Aug 2022
Saudi energy giant Aramco says its profits have nearly doubled compared with last year. The firm, which is nearly fully state-owned, has seen both demand — and pump prices — soar.
20 Aug 2022
For the first time since Fidel Castro's 1959 revolution, Cuba plans to allow some foreign investment in local wholesale and retail trade.
4 Sep 2022
Claudia Kemfert of the German Institute for Economic Research calls for a ban on Russian oil imports even if this means another hike in fuel prices.
13 Sep 2022
Puddles of oil in the forests, polluted lagoons, crabs covered in oil: with photos and videos, activists have been denouncing recurrent pollution in western Gabon. In three years, they have recorded ten polluted sites in the Etimboué region, all of them located near the oil fields belonging to the Franco-British company, Perenco. Perenco's speciality is operating low-cost, end-of-life oil fields. But according to activists, its infrastructure is dilapidated and is causing serious damage to the environment. The France 24 Observers investigated in this special episode.
6 Oct
OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of the pandemic, in a move that threatens to push gasoline prices higher just weeks before US midterm elections.
7 Oct
OPEC+ is cutting global oil production to drive up prices. The move shows that Russia can still count on the cartel led by Saudi Arabia to help it bolster its war chest.
17 Oct
In Poland, a leak in the Druzhba pipeline that is carrying oil from Russia to several European countries has been detected. Authorities stated that it is too early to identify the cause of the damage. Germany's economy ministry says it is receiving less oil, but supplies are guaranteed.
25 Oct
The EU wants to reduce dependence on incoming Chinese investment. But given the geopolitical turmoil unleashed by the war in Ukraine and technological demands, many ask if it can realistically lay down the law to China.
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2 hours ago
Education Minister Bettina Stark-Watzinger is the first German cabinet member to arrive in Taiwan in decades. The decision comes amid tensions with mainland China, as Beijing issues a diplomatic complaint over the visit.
2 hours ago
Thailand's Parliament has been dissolved, opening the door for new elections. The current prime minister, who led a military coup in 2014, has faded in popularity with voters.
3 hours ago
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
4 hours ago
As Angola sends troops, Congo hopes new military alliances can stop violence in its eastern regions. Massacres are increasing, humanitarian aid is paralyzed and a new mass exodus seems inevitable.
4 hours ago
Love kept at a distance: German national Linda Wendt is fighting to establish a life in Germany with her husband. But he cannot move here without first passing a language test. A major problem — but not an isolated case.
4 hours ago
Sri Lanka has secured $2.9 billion from the International Monetary Fund — a lifeline for the debt-ridden country. But for millions struggling with poverty, the bailout might not bring immediate relief.