The economic history of the Near and Middle East

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Complex web of economic ties muddles Middle East policies
By Diane Secor, The People, Vol.108 no.6, September 1998. American capitalism operates such a complex web of business ties and ventures in the Middle East that it is easy to see how its political wires could get crossed and emit conflicting signals.
Middle East retains supremacy in global oil supplies
By Nicolas Sarkis, Le Monde diplomatique, June 2002. Alan Greenspan, chairman of the United States Federal Reserve Board, is applying pressure on Opec to prevent any increase in the price of oil at its June meeting. Russia has already decided to boost its own output levels, but the needed increase in global oil will mostly gush from the Middle East.