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First Of Many? UAE Exits OPEC As Iran Chaos Triggers Nationalistic Realignment Among Producers
First Of Many? UAE Exits OPEC As Iran Chaos Triggers Nationalistic Realignment Among Producers
OPEC member and major Gulf producer, the UAE, has decided to exit the oil cartel, an unexpected development that crossed Bloomberg headlines on Tuesday morning around 0822 ET.
OPEC finished https://t.co/RtxJdZQeQh
— zerohedge (@zerohedge) April 28, 2026
WAM said the decision reflects the "evolution of sector policies to enhance flexibility in responding to market dynamics, while continuing to contribute to market stability in a thoughtful and responsible manner."
OPEC was founded in Baghdad in September 1960 by Iran, Iraq, Kuwait,...
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Will AI Trigger The Next Great Depression?
Will AI Trigger The Next Great Depression?
Authored by Michael Lebowitz via RealInvestmentAdvice.com,
Our article title is certainly scary. The question we pose has become a hot topic following the release of “The 2028 Global Intelligence Crisis,” by Citrini Research.
While evaluating the impact of AI on the labor market is complex, we can distill both optimistic and pessimistic views into two straightforward questions.
Will AI bring about an era of unmatched prosperity and productivity, freeing workers from monotonous tasks, revitalizing old industries, and creating new and unimaginable ones?
Or will AI displace many...
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