Apr 28 Column: Will Saudi Arabia’s plan to overhaul its oil-dependent economy work? By Vikram Mansharamani With low oil prices plaguing the country, Saudi Arabia's Deputy Crown Prince Mohammed bin Salman has a plan to wean the country from its almost complete dependence on oil. Continue reading
Apr 14 Are skyscraper races a warning of economic chaos to come? By Vikram Mansharamani Construction of the world’s tallest tower is usually a sign of hubris and overconfidence. And it’s often associated with bubbles. Continue reading
Jan 21 Can the Fed really fight global economic instability? By Vikram Mansharamani Recent events in the global economy are increasing the likelihood that the Fed will have to reverse its course on raising interest rates. Continue reading
Dec 04 Watch 3:17 News Wrap: U.S. economy turns in solid November jobs numbers By PBS News Hour In our news wrap Friday, American employers added a net of 211,000 jobs in November, keeping unemployment steady at its lowest rate in seven and a half years. Also, OPEC announced it will keep pumping record volumes of oil into… Continue watching
Jun 09 Watch Unusual Dispute Within OPEC Pushes Oil Prices Even Higher What does the dissent within the ranks of the oil-producing nations in OPEC mean for oil prices in the U.S.? Margaret Warner discusses the turmoil at OPEC summit this week with Ed Crooks of The Financial Times. Continue watching
Jun 03 Obama Seeks Saudi King’s Counsel on Eve of Address to Muslim World By PBS News Hour President Barack Obama began his latest effort to open a dialogue with the Muslim world with a visit to King Abdullah of Saudi Arabia on Wednesday. Continue reading
Mar 16 Watch Other News: Wall Street Dips, Pakistan Reinstates Judge In other news, Wall Street fell short of extending an upswing for a fifth day and Pakistan moved to reinstate a top judge to curb a growing political protest. Continue watching
Mar 13 Watch Other News: OPEC Supply Cut Expected In other news, OPEC is expected to decide to cut oil production at its upcoming European meeting Sunday and closing arguments began in the trial on the Minnesota Senate vote recount. Continue watching
Dec 17 OPEC Agrees to Record Output Cut to Combat Falling Oil Prices By Admin, PBS News Hour Oil prices fell to their lowest level in four years Wednesday, despite news that the Organization of the Petroleum Exporting Countries agreed to a larger-than-expected oil production cut of 2.2 million barrels per day. Continue reading
Oct 24 Oil Prices Continue Slide as OPEC Agrees to Cut Production By PBS News Hour Oil prices continued to slide Friday despite an agreement by OPEC members to cut production by 1.5 million barrels per day, in a new sign of the far-reaching fallout of the global financial crisis. Continue reading