author - oman observer

Over the years, Hollywood films have had much to say about financial markets and institutions – often reflecting a distinctly populist perspective. At a time when both populism and financial...

A skydiver leaps out of an airplane and discovers that his parachute will not open. On his way down, he encounters a hang glider who asks him how he is doing. The free-falling man shouts back,...

The United States has reached its statutory debt limit of $31.4 trillion. As Washington gears up for yet another partisan showdown over whether to raise the debt ceiling, with congressional...

The world’s leading economists spent most of 2022 convincing themselves that, if the global economy was not already in a recession, it was about to fall into one. But with the year’s end, the...

The US dollar is up 12 per cent against the euro over the past year and, at €0.93, is approaching parity. If prices of oil and other commodities now seem high in dollar terms, they look even higher...

As Russia masses troops along its border with Ukraine, fears of an invasion are mounting. The United States has warned that Russia would pay a heavy price, exacted first and foremost through economic...

Prices of fossil fuels increased sharply in October. European prices for natural gas hit a record peak. Prices for thermal coal in China have also reached all-time highs. The price of US crude oil is...