Libyan oil production may not return to recent levels if Muammar Qaddafi is overthrown, following a trend set by fellow OPEC members Iran and Venezuela when their own governments last changed, according to a Baker Institute analyst.
It’s a Wednesday night in London, and Vincent Tchenguiz, the biggest owner of residential real estate units in the U.K., is getting wound up about the criminal case that paralyzed his business and threatened to land him in prison.
Iranian President-elect Hassan Rohani once complained that the Islamic Republic’s leaders tend to take extreme positions in negotiations with the West and find it hard to compromise. Rohani is about to get a chance to prove he can do better.
“Down is up and up is down. I feel like we have passed through the looking glass and are looking back at a backwards world,” a military historian of the modern Middle East wrote in a recent note to me about the hectic diplomacy over Syria and Iran. “Where did all the realists go? It’s as though the Cold War never took place.”
Iranian opposition leader Mir Hossein Mousavi said the country’s opposition movement is not dead and will continue its “fight for freedom and justice,” as Iran nears the one-year anniversary of the disputed re-election of President Mahmoud Ahmadinejad .
The U.S. told Iran that the ambassador it’s chosen for the United Nations is “not viable” because he was part of a group that took over the American embassy in Tehran in 1979, President Barack Obama’s spokesman said.
Is democracy in Egypt over before it started? Skeptics abroad and protesters in Egypt think so after President Mohamed Mursi’s unilateral decree that his decisions are not subject to judicial review by the nation’s constitutional court.