Violence in oil-rich Basra, Iraq’s second largest city, is one of the most serious security challenges facing Iraq ’s new government.

After more than three decades of existence, the Group of Eight (G8) is struggling to defend its relevance amid criticism of its limited membership and lack of a compliance mechanism.

This publication is now archived. IntroductionGiven the tight supply and surging demand of the world oil market, small countries that produce oil can have a major impact on global markets. This is in…