Press
Showing 1-20 of 85 Items
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Will Saudi, UAE accession transform BRICS?
But major differences between the founding BRICS countries and new potential members will probably significantly impact the bloc’s future. Rachel Ziemba, an Adjunct Senior Fel...
By Rachel Ziemba
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War sanctions against Russia highlight growing divisions among the Group of 20 countries
“It's a combination of different factors that I think that makes it difficult for the G20 to work in concert in a way that they did in the past," said Rachel Ziemba, an adjunc...
By Rachel Ziemba
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Why is Russia’s ruble dropping in value?
Rachel Ziemba, follows sanctions and the Russian economy at the Center for New American Security. Russia, she said, “hiked interest rates sharply, and they also imposed capita...
By Rachel Ziemba
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Jump in Economic Sanctions Spurs Boom in ‘Murky Trade’
“Some of what we’ll continue to see is one-off, ad-hoc arrangements,” said Rachel Ziemba, an adjunct senior fellow at the Center for a New American Security. “This makes it co...
By Rachel Ziemba
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Feeling left out: northern Ontario junior miners want more critical minerals funding
Rachel Ziemba is a senior fellow at the Center for a New American Security, a think tank based in Washington, D.C. She said there is an increasing recognition of how important...
By Rachel Ziemba
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Saudi Arabia’s digital dream: Silicon Valley for the Middle East
Rachel Ziemba, an adjunct senior fellow at the Center for a New American Security in Washington, says: “Saudi Arabia has a lot of ambitions. But as we’ve seen around the world...
By Rachel Ziemba
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Sanctions on Russian Bank Raise Questions About ‘sanctions-proofing’ in Gulf
Rachel Ziemba, a sanctions expert at the Center for a New American Security, told Middle East Eye the bank was “ahead of the curve" in establishing itself in the UAE, to take ...
By Alex Zerden & Rachel Ziemba
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Latam FX Rises against Softer Dollar, Vale Weighs on Brazil’s Bovespa
The IMACEC economic activity index of the world's largest copper producer still ended 2022 in negative territory as it faced a slowdown after a rapid post-pandemic recovery. T...
By Rachel Ziemba
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U.S. and China Pledge to Talk More to Avoid Worsening Tensions
The Biden administration has kept in place a set of tariffs imposed under President Donald Trump and confronted Beijing over what it sees as human rights abuses, unfair trade ...
By Rachel Ziemba
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EU Edges Closer to $60-per-Barrel Russian Oil Price Cap
Mnuchin told CNBC during a panel in November at the Milken Institute’s Middle East and Africa Summit that the price cap was “not only not feasible, I think it’s the most ridic...
By Rachel Ziemba
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What’s the Effect of Europe’s Planned Price Cap on Russian Oil?
Rachel Ziemba, an adjunct senior fellow at the Center for a New American Security think tank, said “this will be an interesting few weeks and few months”. “Russia has made is ...
By Rachel Ziemba
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The Gulf Briefing: Swapping Petrodollars for Assets
Gulf sovereign wealth funds strategy evolved, though. It has shifted from a preference for “portfolio funds” that buy numerous small stakes in a lot of companies to “investing...
By Rachel Ziemba
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Emerging Markets-Brazil’s Real, Stocks Slide after Budget Proposal; Other EM Currencies Weak
After sliding as much as 2.3% against the dollar, the real was last down 0.2%, while the Bovespa stock index dropped 1.5% after the incoming Lula administration proposed guide...
By Rachel Ziemba
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How Has El Salvador Fared Since Accepting BTC?
At the time of writing, bitcoin use in El Salvador has fallen by roughly 60 percent, no doubt a testament to the poor performance the coin has exhibited throughout the 2022 ye...
By Rachel Ziemba
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Not Just Oil: Understanding US-Saudi Relations in Five Charts
Saudi Arabia is emboldened to chart a different course than the previous decades, seeking to diversify its portfolio away from oil, which still makes up about 75% of its expor...
By Rachel Ziemba
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Hundreds of Russians Sanctioned over Ukraine War Are Not Barred from Entering Canada
Rachel Ziemba, an adjunct senior fellow at the Center for a New American Security in Washington, D.C., said it’s surprising those sanctioned individuals are admissible “becaus...
By Rachel Ziemba
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Emerging Markets-Brazilian Real Leads Latin American Currencies Higher
The real gained 1% against the dollar, while an index for Latin American currencies ticked 0.2% higher. "In a number of the Latam countries, especially Brazil, the balance she...
By Rachel Ziemba
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El Salvador’s Bitcoin Experiment: $60 Million Lost, $375 Million Spent, Little to Show So Far
Data from Bloomberg Economics shows that El Salvador tops its ranking of emerging market countries that are vulnerable to a debt default. Even as it retires some of its outsta...
By Rachel Ziemba
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Biden Is Blamed for Downturn in New Oil Drilling, but Fossil Fuel Companies Are the Ones Hitting Pause
Fossil fuel companies and markets are still reeling from the economic downturn during the pandemic and the associated oil price crash, according to Rachel Ziemba, an energy ex...
By Rachel Ziemba
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Biden’s ‘Unthinkable’ Options for Punishing OPEC
Biden might be better served by playing things cool when it comes to OPEC and accentuating the positive when it comes to moving the country away from oil, some analysts said. ...
By Rachel Ziemba