Youth Unemployment: The Middle East’s Ticking Time Bomb

Re-Blogged From Stratfor


  • With labor markets in the Middle East and North Africa swamped due to a baby boom, countries in the region will continue to face the acute challenge of massive youth unemployment.  
  • Though each state struggles with its own circumstances, most countries will face daunting hurdles as they try to build strong private sectors. 
  • Even if these states do foster more robust private sectors, they may not be able to mitigate the economic hardship when it hits their citizens, due to the uncontrollable nature of the free market. 

Five million workers are set to enter the Middle East's job market each year, even as gainful employment is in short supply.


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White House Seeks 72 Percent Cut to Clean Energy Research

From the Washington Post

The Trump administration is poised to ask Congress for deep budget cuts to the Energy Department’s renewable energy and energy efficiency programs, slashing them by 72 percent overall in fiscal 2019, according to draft budget documents obtained by The Washington Post.

Many of the sharp cuts would probably be restored by Congress, but President Trump’s budget, due out in February, will mark a starting point for negotiations and offer a statement of intent and policy priorities.

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Trump to Support US Solar Manufacturing

By Eric Worrall – Re-Blogged From

According to Politico author Emily Holden, President Trump may be on the verge of erecting trade barriers against cheap imports of Chinese solar panels, to support strategic development of domestic US solar manufacturing.

U.S. setting stage for solar trade war with China

The White House is preparing to argue that trade barriers are needed to foster solar manufacturing inside the United States.

By EMILY HOLDEN 12/15/2017

An unreleased White House document offers the strongest hint yet that the Trump administration is laying the groundwork for punitive tariffs on Chinese-made solar power equipment — a step that would promote the president’s “America First” trade agenda while sharply increasing the costs of solar power in the U.S.

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Where’s the Money?

By Eric Worrall  Re-Blogged From

h/t GWPF – UCS Strategy Director Alden Meyer has accused developed countries of “hiding behind the United States”, refusing to provide firm commitments to use taxpayers funds to pay large climate “damages” to poor countries.

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Think College is Expensive Now – Wait Until its Free

By The Common Constitutionalist – Re-Blogged From iPatriot

There is a well known saying which most of us have heard. It goes: “You think it’s expensive now. Wait until it’s free.”

We heard it from those darned conservatives and fiscal hawks prior to the passage of ObamaCare, and the left claimed we were crying wolf. We said: “you think health insurance is expensive now – wait until it’s free.” And the left laughed and called us fearmongers.

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DC Swamp Denizens Strike Back

By Paul Driessen – Re-Blogged From

While demand for biodiesel is down, senators and crony corporatists deep-six proposed EPA reductions in biodiesel mandates

Despite what I thought were persuasive articles over the years (here, here and here, for example), corn ethanol and other biofuel mandates remain embedded in US law. As we have learned, once a government program is created, it becomes virtually impossible to eliminate, revise or even trim fat from it.

This year, it looked like this “rule of perpetuity” might finally change. The Trump-Pruitt Environmental Protection Agency proposed to use its “waiver authority” to reduce its 2018 biodiesel requirement by 15% (315 million gallons) and (possibly) lower the 2019 total down to the 1-billion-gallon minimum mandated by Congress. The proposed action would not affect corn or other ethanol production and blending requirements, despite growing problems with incorporating more ethanol into gasoline.

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