The United Arab Emirates (UAE) announced Tuesday it would quit membership in the Organization of Petroleum Exporting Countries (OPEC) and OPEC+. It comes after 59 years at the club. But it could be good news for the world in the long run, experts say.To u... See more
In the 1800s, the United Kingdom was clearly the richest country in the world, with consistent, solid economic growth, a focus on science and engineering, plus all the benefits of trade across the oceans. But now the country seems to have lost its mojo. T... See more
Over a century ago, Britain was seen as the place to be. It pioneered science, including medicine. It built industries such as railroads, major bridges and created a strong middle class. And despite what some would say, it was the only major empire that a... See more
In the early part of the last century, Venezuela was considered the leading economy in South America . At least part of the story is that the country discovered massive oil reserves in 1922. Currently, the country has the largest reserves of any country, ... See more
Last week’s capture of Venezuelan president Nicolás Maduro opened the world to see the mess that the country with the largest proven oil deposit in the world was still starving and abusing its people. But there’s more to it than the alleged crimes of the ... See more
