Last week’s rally in crude prices has proven to be short-lived thanks in large part to OPEC and more bad news from China.
China’s retail investors are “once bitten, twice shy,” and Beijing must convince them once again that it can keep the bears at bay.
Even though the Maduro government has stopped posting official statistics, it’s no secret that the economic situation in the Bolivarian Republic is going from bad to worse.
The recent kidnapping and murder of a Croatian foreign worker has propelled Egypt’s Sinai Province into the media spotlight. But this Islamic State franchise has been a growing threat for a long time, and unless the Egyptian army changes its tactics the situation will only get worse.