Saudi Arabia

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Fracking is winning

"No one can set the price of oil. It's up to Allah," said Saudi Arabian Oil Minister Ali al-Naimi in May. But less devout people believe that Saudi Arabia has been trying very hard to set the price of oil - and to set it low. Moreover, it has been remarkably successful, because last week the price of oil was in the mid $40s per barrel, down from just over $100 last May.

Who buys and who sells weapons (infographic)

In 2014 global defense spending increased for a sixth year in a row, according to a study by business analyst firm IHS. Defense trade rose by 13.4 per cent to 64.4bln US dollars. These are the countries the imported the most weapons and those that exported the most. The US tops the exporters of military equipment, followed by Russia.

Hamas leader Mashaal set to meet Turkey's Erdo?an amid flurry of regional contacts

A senior Hamas leader is set to arrive in Turkey for a meeting with President Recep Tayyip Erdo?an, amid a flurry of regional contacts made by Hamas that has particularly intensified after the recent nuclear deal between Iran and Western powers.

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