Tag: Middle East

@Dubai

When Amazon (NASDAQ: AMZN) began its Blitzkreig of Internet retail in the 90s, I admit I was one of the skeptics. Sure, an Internet bookstore seemed perfectly feasible, but I couldn’t fathom the idea of an Internet super-retailer with the…

Obama & US Energy Policy

During the 2008 presidential campaign, Jon Stewart observed that Obama, on the subject of racism, “spoke to Americans as though they were adults”. I tend to agree and it proved a pivotal moment for Obama, and the country as a…

What Next?

The concurrent situations in Japan and the Middle East make for extremely challenging cross currents in global markets.Both situations are complex and hard to understand.The reality on the ground in Japan is a function of particle physics filtered through a…

How’d They Rage in Saudi Arabia?

By the time you read this, the so-called “Day of Rage” will have likely come and gone in Saudi Arabia. If they ‘rage’ hard enough, oil could be well on its way to $150/bbl. Sitting here Friday morning, headlines like…

Strata Titling Adding to Dubai’s Headaches

Just when we thought Dubai’s office vacancy rate couldn’t get any worse strata titling happened.  Strata titling is a form of ownership that began in Australia as a means of horizontally dividing up apartment buildings amongst multiple owners.  For example,…