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Iranian and Saudi Rivalries: Pouring Oil on Troubled Waters

Iranian and Saudi Rivalries: Pouring Oil on Troubled Waters

The Iranian-Saudi hostility is one of the most vehement in the world; propelling the entire middle-eastern region into a series of proxy struggles and divvying world-super powers into allies and foes. This destructive legacy however is at a cross-road. Political pundits are divided in the current calamity; will amicable OPEC negotiations lead to a new Middle Eastern hegemony, bringing stability to the entire region or will hostile status quo challenges propel the Middle East down its present path of Machiavellian inferno?

Chinese Mining Interests in Ecuador Are Forcing Farmers Out of Their Communities

Chinese Mining Interests in Ecuador Are Forcing Farmers Out of Their Communities

Mirador is the biggest mining project in Ecuador. Initially owned by the Australian company BHP Billiton (1994), it was acquired by the Canadian company Corriente Resources (2004) and handed to the Chinese consortium CRCC Tongguan, through its local subsidiary Ecuacorriente (2010). On 2012, the Ecuadorian government signed a 25-year contract with the latter and projected to receive up to US$ 280 billions back then when copper prize was almost double in the international markets.