President Donald Trump’s tax reform plan came under new criticism on Tuesday from two towering Wall Street figures, including billionaire investor Warren Buffett, who called into question a Republican drive to slash the U.S. corporate rate.

• October 3, 2017

The leaders of Saudi Arabia and Russia, the world’s biggest oil exporters, are expected to discuss cooperation on oil production and differences over Syria and Iran on Thursday during the first visit to Moscow by a reigning Saudi Monarch.

• October 3, 2017

CEFC China Energy’s $9.1 billion purchase of a stake in Russia’s Rosneft Oil ROSM.NN was mainly driven by China’s Belt and Road Initiative and has strong support from the government, Ye Jianming, the company’s founder said.

• October 3, 2017

By Mehmood-Ul-Hassan Khan, EGF Affiliated Expert

The new “end game” has been started by the national, regional and international power brokers. Shahid Khaqan Abbasi, who has been sworn in as the new Prime Minister of Pakistan, has already announced his priorities. He said there would be no load-shedding after November this year, and he pointed out that ten thousands megawatts of additional electricity will be added to the national grid. The completion of the ongoing mega-projects of energy in different parts of Pakistan would also be one of his national priorities. READ MORE

• October 3, 2017

As the commanders of the largest U.S. warship in Asia seek to maintain operational readiness amid protracted tensions over North Korea, they find themselves keeping one eye on China, too.

• October 2, 2017

The Spanish government’s borrowing costs surged and its stock market tumbled on Monday as investors weighed up the political fallout from the violent police crackdown on an independence vote in the wealthy region of Catalonia.

• October 2, 2017

The leader of Catalonia called for international mediation on Monday to resolve a standoff with Madrid, the day after hundreds were injured as police tried to forcibly disrupt a referendum on independence that had been ruled illegal.

• October 2, 2017

By Benyamin Poghosyan, PhD, Executive Director, Political Science Association of Armenia

The 25 September referendum in the Kurdish region may not lead to Kurdish independence any time soon, but neighbouring countries are apprehensive.
On September 25, 2017 the long-anticipated independence referendum took place in the region administered by the Kurdistan Regional Government (KRG), and other mainly Kurdish populated disputed areas of Iraq. Those areas are outside of KRG administered boundaries defined by the Iraqi constitution, but currently are under control of Kurdish Peshmerga fighters. According to preliminary official results voting turnout was 72 percent and approximately 93 percent of participants voted for independence. READ MORE

• October 2, 2017