The economic history of the Near and Middle East
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- Complex web of economic ties muddles Middle
- By Diane Secor, The People, Vol.108 no.6,
September 1998. American capitalism operates such a complex
web of business ties and ventures in the Middle East that it
is easy to see how its political wires could get crossed and
emit conflicting signals.
- Middle East retains supremacy in global oil
- By Nicolas Sarkis, Le Monde diplomatique,
June 2002. Alan Greenspan, chairman of the United States
Federal Reserve Board, is applying pressure on Opec to
prevent any increase in the price of oil at its June
meeting. Russia has already decided to boost its own output
levels, but the needed increase in global oil will mostly
gush from the Middle East.