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Scrambling Saudis blame oil price drop on U.S. fracking revolution, global economic slowdown

Saudi oil official at rig near Howta, Saudi Arabia. / John Moore / AP

Special to WorldTribune.com ABU DHABI — Saudi Arabia has been struggling to counter the plunge in crude oil prices. Officials said the Saudi leadership has decided to maintain production despite a nearly 50 percent drop in the price of crude […]

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By: World Tribune » Top Stories | 21 Dec 2014 | 12:07 pm MST

Number of young Jews in Turkey choosing to live abroad doubled last year

Neve Shalom synagogue in Istanbul, Turkey.

Special to WorldTribune.com ANKARA — Turkey’s ancient Jewish community has begun to flee amid rising threats from Islamists and nationalists. A prominent Jewish executive reported that the community of some 12,000 was being eroded by fears of attacks. Mois Gabay […]

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By: World Tribune » Top Stories | 21 Dec 2014 | 11:47 am MST

ISIL tests Jordan defenses with clashes along borders with Iraq, Syria

Special to WorldTribune.com AMMAN — Islamic State of Iraq and Levant has been approaching Jordan. Officials said the Hashemite kingdom was on alert for an ISIL presence along Jordan’s borders with Iraq and Syria. They said ISIL was trying to […]

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By: World Tribune » Top Stories | 21 Dec 2014 | 11:19 am MST

In survey of 59 nations’ private sectors, Egypt’s ranked as most corrupt

Corrupt

Special to WorldTribune.com LONDON — Egypt’s private sector has been ranked one of the most corrupt in the world. The Western audit company Ernst and Young said Egypt was ranked the most corrupt in a survey of 59 countries. Egypt’s […]

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By: World Tribune » Top Stories | 21 Dec 2014 | 11:04 am MST

U.S. sanctions oil companies in four nations for sales to Syria

Special to WorldTribune.com WASHINGTON — The United State has imposed fresh sanctions on energy companies that supply the regime of Syrian President Bashar Assad. The Treasury Department imposed sanctions on six oil companies in four countries deemed suppliers to the […]

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By: World Tribune » Top Stories | 19 Dec 2014 | 1:18 pm MST

UN’s 1,300 observers at loose ends after fleeing to Israel from Syria’s Golan Heights

UN observers on patrol in 2012 at the Golan Heights.

Special to WorldTribune.com WASHINGTON — The United Nations monitoring force is struggling to operate after fleeing Syria’s Golan Heights. A UN report said its monitoring force has been hampered by the loss of its bases in Syria as well as […]

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By: World Tribune » Top Stories | 19 Dec 2014 | 12:59 pm MST

Throwing a Christmas bone to Communist tyrannies: 1978 and 2014

DengAndJimmy

Special to WorldTribune.com By John J. Metzler UNITED NATIONS — One of the last legacies of the Cold War has ended with Washington reestablishing diplomatic ties with Cuba after a fifty-three year break in relations. Yet another enduring legacy of […]

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By: World Tribune » Top Stories | 19 Dec 2014 | 12:54 pm MST

Sanctions cited for drop in Russian arms exports

Vladimir Kozhin.

Special to WorldTribune.com MOSCOW — Russia has reported a decline in arms exports in 2014. The Kremlin said Russian defense exports reached $13 billion in 2014, the second largest after the United States. The figure marked a 18 percent decline […]

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By: World Tribune » Top Stories | 19 Dec 2014 | 12:37 pm MST

EU court orders removal of Hamas from terrorism list

Hamas members at rally in Rafah.

Special to WorldTribune.com LONDON — The European Union, months after the war with Israel, has been ordered to remove Hamas from the terror list. A leading court said the EU’s decision to keep Hamas on the terrorist list was not […]

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By: World Tribune » Top Stories | 18 Dec 2014 | 2:18 pm MST

Egypt signs first fracking shale gas deal with U.S. firm

ApacheDeal

Special to WorldTribune.com CAIRO — Egypt has signed a natural gas exploration contract with Western companies. The Petroleum Ministry has signed a contract with the U.S. firm Apache Corp. and Europe’s Shell Egypt for the drilling of three wells in […]

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By: World Tribune » Top Stories | 18 Dec 2014 | 2:01 pm MST