Gulf States will be forming a common currency, breaking the formal and informal dollar pegs that have controlled the price of oil and kept the petro-dollar recycling mill operating, allowing the US to force its inflationary policies down the Arabs’ throats, writes David Hirst.
Kuwait
Kuwait questions Citi and euro zone gets the wobbles
It is impossible to predict where and when the next financial crisis might come. The fears are it will be soon, writes Planet Wall Street’s David Hirst.
Picasso painting found in Iraq…or was it?
A Picasso painting has been ‘found’ in Iraq, supposedly looted from Kuwait after Saddam Hussein’s invasion. But on closer inspection, where is the record of any missing Picasso painting?
Kuwait elects its first female MPs
Five women have been elected to Kuwait’s Parliament, only three years after women were extended the right to vote in the country.
