The attack on Saudi Arabia's Abqaiq oil facility knocked out about 5 percent of total global oil supplies in one go. Saudi Arabia accounts for about 12 percent of global crude output in total, and has been at that level for years now. Here's a look at how today's other top producers, the US, Russia, Canada, and Iraq have fared over the past thirty years.
India is set to become the world's No. 3 economy within five years. But growing so rapidly will test the pragmatism of its Hindu-nationalist prime minister.
Capping the price of Russian oil is harder than the West thought, Iran scraps its hated morality police
The tournament has highlighted the soccer-crazy country's political polarization.
Apart from the soccer World Cup, this week Qatar also hosted a beauty pageant for ... camels.
When it comes to semiconductor production, there’s just one superpower: Taiwan. The self-governing island produces more than two-thirds of the world’s chips, and almost all of the advanced ones.
Withhold your sympathy for the Iranian national soccer team, says Iranian activist and journalist Masih Alinejad. They represented the Islamic regime, she tells Ian Bremmer in an upcoming GZERO World interview, not the people.
The jobs report for November came in hot Friday, revealing that wage and job growth in the world’s largest economy remain robust. Sounds like a good thing, right? Well, not when the US economy is reeling from decade-high inflation.
Semiconductors bind the electrical circuits in the tech we use every day. In mid-2021, a global semiconductor shortage caused by COVID supply/demand issues and a drought in Taiwan made many devices hard to come by. But the self-ruled island in China's crosshairs is only part of the global chipmaking supply chain, which travels back and forth between Europe, Asia, and the US. We follow its steps for a smartphone.
Global semiconductor supply chains have some big resistance points that threaten to make microchips a macro-geopolitical flashpoint.