Europe

Ukraine, austerity and gas

The IMF imposes austerity on Ukraine as Russia jacks up gas prices. Meanwhile, the global industry exploits the crisis to fast-track exports of fracked gas as a "lever against Russia."

Greater Middle East

Syria: NATO intervention —against al-Qaeda?

A Turkish military incursion against Qaedist rebels in Syria comes amid claims that al-Qaeda affiliates have seized the country's oilfields and are planning attacks on the West.

Africa

South Sudan: Yes, another war for oil

South Sudan may be developing into proxy war, pitting US client states Uganda, Kenya and Ethiopia against Khartoum in a struggle for control of pipeline routes.

Central America

Panama, Nicaragua canal plans stalled

Amid multiple legal challenges, Nicaragua's interoceanic canal project could be delayed for a year, while the rival Panama Canal expansion faces massive cost overruns.