2013 Reversing Gears News

Five years after the onset of the global economic and financial crisis and two years after the start of the Arab Spring, some trends are clear

Continuation of pressure, arm-twisting, intimidation, and steps aimed at cutting off Iran's access to necessities can only poison the atmosphere

The Arab Spring revolutions did fundamentally undermine the pillars of the old regional system with which Saudi Arabia was so comfortable

Saudi Arabia has two large concerns about the Islamic Republic: its quest for nuclear weapons and its interference in its neighbours' affairs

The major uncertainty facing the world today is not the euro but the future direction of China

IMF's latest global GDP forecast shows the world can generate more jobs without fuelling inflationary pressure

Thanks to technological change and relentless globalization, the character of entire economies has changed dramatically over the last 50 years

Seen in the broader context of the continuing Great Malaise, both 2013 and 2014 will come to be regarded as a time of wasted opportunities

Determined efforts are indispensable to dispelling shadows in which informal economic activity exists. But national policymakers cannot hold the light alone

Excessive private-debt creation before the crisis and subsequent attempts at deleveraging have weakened demand considerably