Had the OPEC meeting been held two months ago, the agenda would have been different in light of plummeting oil prices that hurt many economies and caused volatility at the global markets. But with the current surge in the oil price to around $50, the pressure on OPEC is remarkably easing. This will be reflected at the meeting on ...

  Uganda, one of Pyongyang’s few allies, announced that it will put an end to its cooperation with North Korea. The announcement came following a meeting between South Korean President Park Geun-hye and Ugandan President Yoweri Museveni. After his meeting with Park on Sunday, Musevini announced that he’d decided that Uganda would cease its military cooperation with North Korea to ...

For some time, tighter monetary policy by the U.S. Federal Reserve was perceived as the largest external economic threat to emerging countries, especially by those countries themselves. Judging from discussions with officials from those nations, as well as private-sector participants, this may no longer be the case. Another concern — the anti-globalization and anti-trade rhetoric of the U.S. presidential election ...