A nuclear deal with Iran could help revive the country’s energy sector, with serious effects on consumers and producers, especially in the Middle East.

Rather than undermining nuclear negotiations, moves by Western businesses preparing to capitalize on a possible deal have the potential to spur pressure for change within Iran.

More powerful nations tend to use sanctions to force policy shifts or even changes in leadership in other countries. They seldom work.

While almost every economy in the Middle East and North Africa region is projected to accelerate in 2011-2012, significant downside risks to this forecast remain.

The Santiago Principles and the commitment of their sponsors—some of the biggest sovereign wealth funds—are an important test for the viability of new forms of global governance.

In the wake of the global financial crisis, the Saudis cannot be comforted to know that their economic fortunes are so closely related to events beyond their borders. The Saudi leadership will look to the G20 process to help make these markets less volatile and easier to navigate.