At a time when some UN member states, which have not signed or ratified the United Nations Convention on the Law of the Sea, the legal framework that guarantees freedom of navigation and prohibits tolls for transit through international straits (UNCLOS), are beginning to restrict and even monetize access to essential maritime routes, Europe needs a common naval force, states an article published by the Euractiv website. According to the cited source, the idea has begun to take shape in... ...continuare.

Prelungirea neasteptata a razboiului din Golful Persic a condus la cresterea puternica a presiunilor financiare asupra aliatilor SUA din regiune. Acestea ar putea ajunge pana la nivelul de la care se va pune sub semnul intrebarii stabilitatea regimurilor valutare din Emiratele Arabe Unite, Arabia Saudita, Qatar sau Oman, unde monedele nationale au un curs fix de schimb fata de dolar, curs sustinut de rezerve valutare mari constituite din exporturile de petrol si gaze. ...continuare.