The post-war global institutions have largely worked well. But rising countries and growing threats are challenging their pre-eminence.
That is how many outsiders, not just in the poor world, will see the summit that takes place from July 7th to 9th of the G8, the closest the world has to an informal (ie, self-appointed) steering group. [...]

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Growing competition for oil may escalate to something as hot and dangerous as nuclear proliferation
The geopolitical implications of this gathering crisis for world oil supply 2010-15 are immense. The risk of further military interventions and conflicts in the Middle East is clearly high. Total world oil reserves are estimated at 2.5-2.9 trillion barrels, of which [...]

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A comprehensive and well detailed report by the International Institute for Strategic Studies, released last week, sheds a pile of information on the state of nuclear proliferation in one of the world’s most volatile regions — the Middle East.
Indeed, as John Chipman, director general and chief executive of IISS, points out in a publication entitled [...]

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WMD: The Mideast has long been “explosive,” but more than a dozen countries there have now been emboldened to go nuclear. Further delays in stopping Iran’s nuke program could turn it into an atomic Wild West.
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So the belief that there will indeed be a nuclear-armed Iran in the not-so-distant future is setting its neighbors on [...]

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Iran’s disputed nuclear program has sent a wave of interest in atomic energy across the Middle East, a think tank said Tuesday, warning that it risked setting the scene for a regional nuclear arms race.
At least 13 Middle Eastern countries either announced new plans to explore atomic energy or revived pre-existing nuclear programs between February [...]

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Iranian judiciary chief Ayatollah Mahmoud Hashemi Shahroudi told leaders of the Gulf Arab state of Qatar on Wednesday that his country was willing to put its controversial nuclear expertise at the service of all Muslim states.
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