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Indonesia’s policies will drive global nickel dynamics

Location:

INTERNATIONAL

The nickel price has surged by more than 50% this year to the highest since 2014. Supply concerns triggered the rise following the collapse of Brazil’s Brumadinho iron ore…

Iran’s gas sector requires investment and know-how

Location:

IRAN

The EU on March 10 set a deadline of 2027 to “achieve independence” from Russian gas. Iran, which has the world’s second-largest gas reserves, has the potential to become a major…

Foreign automotive investment is still key for Turkey

Location:

TURKEY

Ankara is trying to strengthen its automotive industry at a time of rapid technological change, ever-tighter environmental regulations and growing competition from China. It…

Saudi Aramco will seek to manage rapid industry change

Location:

SAUDI ARABIA

Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…

China could edge into a wider Mideast diplomatic role

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MIDDLE EAST/CHINA

He said that the China-mediated Iran-Saudi rapprochement announced on March 10 would play a major role in strengthening regional unity and cooperation. The deal caused widespread…

Iran’s budget will increase social welfare spending

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IRAN

The expansionary budget increases social welfare spending significantly above the present inflation rate, highlighting the government’s concern that worsening economic conditions…

EU-US relations may be at a turning point

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EU/US

Trump first snubbed the EU on April 30 with a mere postponement of possible tariffs and then humiliated the E3 (Germany, France and the United Kingdom) on May 8 with his decision…

India will be somewhat more open to Chinese investors

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INDIA/CHINA

Jaishankar later told media that bilateral relations cannot be “normal” if the situation at the India-China border remains “abnormal”. The two sides have only partially disengaged…

Third COVID wave calls for caution from Erdogan

Location:

TURKEY

Throughout April, new cases have exceeded 40,000 per day. The surge, which followed the easing of containment measures in March, was the third and largest spike in COVID-19 cases…

Iran's 'resistance economy' faces new tests in 2021

Location:

IRAN

At the same time, the June 18 presidential election campaign is beginning, with top judge Ibrahim Raisi registering as a favoured candidate. Heading a high-profile anti-corruption…