...Theodoros Tsakiris Optimism arose about the discovery of Cypriot and Israeli gas reserves and how they might help resolve the Cyprus question, but the prospective monetization of these reserves has not modified Turkish or Turkish-Cypriot behavior vis-à-vis the Republic of Cyprus, despite Greek...

...Gawdat Bahgat Egypt holds limited proven oil and gas reserves. Increasingly, these hydrocarbon resources cannot meet the country’s rising energy demand. Consequently, Cairo has turned to nuclear and renewable power. In addition, the Egyptian authorities are under heavy pressure to restrain...

...Peter E. Paraschos With Israel and Cyprus recently confirming massive offshore gas reserves in the Levant Basin, the eastern Mediterranean Sea region is emerging as a significant new source of natural gas. The major economic and geopolitical implications explored in this essay include...

... natural gas reserves, the cooperative development of which could help build bridges among the stakeholders. While Turkey is entering a long electoral period in which Cyprus is a sensitive issue, it should consider more creative steps toward fostering a settlement. More broadly, each side needs to convince...

..., particularly the safeguarding of the preeminent position of the dollar as an international reserve currency and its credibility against gold, dictated the continuation of orthodox monetary and fiscal policies. Political stability in Italy and Greece as a prop against political radicalization was a strategic...

...J. E. Peterson There have been three economic transformations of the Arab Gulf. Yet the obstacles today remain eerily similar to those of forty years ago. Oil reserves are finite and nonoil resources in the gulf states—minerals, arable land, skilled population, and even capital for some countries...

... synchronously with the depletion of oil reserves from 2011 to 2019. Alec Rasizade is a senior research analyst at the Historical Research Center, Washington, DC. Copyright 2011 by Mediterranean Affairs, Inc. 2011...

... reserves are being discovered regularly. The Chad-Cameroon oil pipeline project and the early phase of exploration centered on the Atlantic coast in the Gulf of Guinea demonstrate the potential for Africa becoming one of the major oil suppliers to the West within a decade. These developments...

... unscathed.2 In fact, in June 2008 Russian president Dmitry Medvedev even boasted that the Russian ruble would be the future reserve currency of Eurasia.3 Given this self-­confidence, it is not surprising that when on 19 September 2008 the Bush administration led by Treasury secretary Hank Paulson...

... in a very critical region. Turkmen oil and gas reserves have attracted major global and regional interests, and such actors have sought ways to exercise influence. Turkmenistan has major weaknesses, such as a low population, lack of mili- tary power, and the absence of industrial infrastructure...

... that the euro would quickly replace the US dollar as the leading international currency. The conventional view was that with two-thirds of all international reserves still held in US currency and the US dollar widely regarded as the central currency for international trade and finance, the euro’s...

.... In the wake of the so-called eco- nomic miracles of the 1950s and 1960s (the Golden Age of Capitalism, as Eric Hobsbawm called it), the high growth rates and rapid development of Western Europe and Japan enabled them to accumulate millions of dollars as reserves. At the same time, they were developing...

... the world. In its quest for new sources, the China National Offshore Oil Corporation (CNOOC) had offered $18.5 billion to purchase Unocal Corp, which, at the end of 2004, had “proven oil reserves of 659 million barrels and natural gas reserves of 6.57 trillion cubic feet.”25 The offer was later...

... in the Greek Economy and Its National Implications  79 origin and dimensions of the sudden crisis. “The air was sucked out of the room,” said Senator Chris Dodd, Democrat of Connecticut and chairman of the Senate Committee on Banking, Housing, and Urban Affairs, when Paul- son and Federal Reserve...

.... engagements in Iraq, Afghanistan, and Bosnia have led to the call-up of thousands of National Guard and Military Reserve forces that were already needed for the war on terrorism. Permanent reliance on a significant percentage of those forces on a regular basis is not a viable solution. As Senator Hollings...

...-130 air-transport detachment, a helicopter squadron, and a squadron of MiG-21 Lancers. Total military personnel were reduced from 143,000 in active service and 224,000 in reserves at the end of 2000 to 98,000 active service and 105,000 reserve personnel at the beginning of 2003. More than 4,000...

...- sia is the world’s second-largest oil producer and exporter after Saudi Arabia (China ranks sixth in proven reserves) and a top natural gas producer. Since the beginning of the present century, Russia’s economy has rebounded, in large part, due to increases in international oil prices. Russia’s...

... restrain a more aggres- sive US policy and contribute to strong Iranian economic recovery. Still, less tense US-­Iran relations during the Trump administration cannot be ruled out. Iran’s proven oil reserves are the world’s third largest after Saudi Arabia and Canada, while its natural gas...

... allies. President Bush went further during a visit to Europe, observing that while the United States would consult with its allies, it reserved the right of “unilateral action,” military and otherwise, against terrorist organizations, their state sponsors...

...Constantine A. Pagedas Constantine A. Pagedas is the editor of the Mediterranean Quarterly Copyright 2014 by Mediterranean Affairs, Inc. 2014 This content is made freely available by the publisher. It may not be redistributed or altered. All rights reserved. Introduction...