Articles from the author

Fears grow that recession will become full depression

Iraq war cost estimates run into trillions, says new book

Spending more to rein in slowdown

Taking another look at nuclear energy

Today’s senior citizens enjoy a “golden age of retirement security.” Yet the median income of individuals aged 65 and over last year was just $15,199 (Dh55827) in the United States.

As long as Iraq is wracked by insurgents and political uncertainty, no major company will risk billions of dollars to find and develop new resources there.