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The World’s Oil Cushion Is Becoming “Scarily Thin”

The World’s Oil Cushion Is Becoming “Scarily Thin”

Saudi Aramco has warned that the world’s oil inventories are becoming “scarily thin” after the Iran war removed billions of barrels of expected supply and forced governments and companies to draw heavily from emergency stocks.

Spain Heads to Snap Elections as Sánchez Faces Corruption Cases and a Migration Backlash

Spain Heads to Snap Elections as Sánchez Faces Corruption Cases and a Migration Backlash

Pedro Sánchez has called a snap Spanish election for November 29 after years of parliamentary instability and a major defeat over housing policy.

Lebanon’s 2027 Budget Wants to More Than Double Tax Revenues

Lebanon’s 2027 Budget Wants to More Than Double Tax Revenues

Lebanon’s 2027 budget expects tax revenues to more than double from what the state actually collected in 2024, with taxes providing nearly 86% of government revenue even as the economy struggles.

Saudi-Backed Forces Push the Houthis Out of Bab el-Mandeb as the Mecca Pact Is Activated

Saudi-Backed Forces Push the Houthis Out of Bab el-Mandeb as the Mecca Pact Is Activated

Saudi-backed Yemeni forces have retaken most of the territory around Bab el-Mandeb that the Houthis captured last month, including the strategic port of Mocha, under heavy Saudi air cover.

Is Management Consulting Over? AI Is Coming for the Industry’s Entire Business Model

Is Management Consulting Over? AI Is Coming for the Industry’s Entire Business Model

AI can already perform many of the tasks that once justified armies of junior consultants: research, analysis, financial modelling, coding, benchmarking and presentation building. Consulting firms are responding with smaller teams, slower graduate hiring and heavy investment in their own AI systems.

The Old Souks, Cafés and Public Spaces Where Lebanese Social Life Happened

The Old Souks, Cafés and Public Spaces Where Lebanese Social Life Happened

Before malls, smartphones and social media, Lebanese social life revolved around souks, cafés, village squares, neighborhood shops and the seafront.

No USAID No Party: Brazil Joins Latin America’s Conservative Wave as Bolsonaro Beats Lula

No USAID No Party: Brazil Joins Latin America’s Conservative Wave as Bolsonaro Beats Lula

Flávio Bolsonaro finished ahead of President Lula da Silva in Brazil’s first presidential round, extending a powerful conservative electoral shift that has already transformed governments across Latin America.