The United Arab Emirates has canceled the entire debt (just under $7 billion) owed to it by Iraq, an unnamed UAE diplomatic source told Reuters on July 7. [more]
Kuwait announced that it would be increasing its oil output by 300,000 barrels per day (bpd) by mid-2009. That goal seems likely given its oil reserves and financial situation. (With Stratfor map)[more]
Rather than giving the ruling al-Sabah family a more cooperative legislature, Kuwait's May 17 elections resulted in a parliament that will serve as an obstacle for the royal family. [more]
"New economic cities" in the Persian Gulf will be sources of innovation -- but they alone will not fundamentally transform their nations' economies. [more]
The Iranian-Kuwaiti Higher Committee's first meeting ended Jan. 16. The meeting coincides with U.S. President George W. Bush's visit to the Middle East. [more]
The vandalism of a dozen or so Kuwaiti bookstores carrying Salafist literature Jan. 15 appears to have been designed to aggravate tension between Kuwait's Sunnis and Shia. [more]
U.S. President George W. Bush made a phone call to Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jabir al-Sabah late Aug. 29, according to Kuwait's KUNA news agency. [more]
"Barron's consistently has found Stratfor's insights informative and largely on the money -- as has the company's large client base, which ranges from corporations to media outlets and government agencies."
Barron's, August 2, 2008.
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