Switzerland Bans Welfare Recipients From Obtaining Citizenship

Swiss news site The Local reports that new laws taking effect this month will make it even more difficult for immigrants to obtain citizenship. 

It has apparently been established law for some time that immigrants collecting social benefits are barred from naturalization. The new law, however, now also prohibits naturalization if an applicant has accepted social benefits at any time during the previous three years. 

Farewell, Steve Bannon

It’s been a bad few months for Steve Bannon. He was fired from his White House job in August. Then he supported Roy Moore and other political dead ends in an attempt to put himself forward as the leader of “Trumpism.” Bannon then decided to provide a variety of juicy quotations denouncing Donald Trump in order to help Michael Wolff with his anti-Trump expose. Shortly thereafter, Bannon backtracked and apologized. After that, Bannon lost one of his most prominent sources of funding — the wealthy Mercer family.

Are Crude Oil Prices Becoming Immune to Geopolitics?

Oil seems immune to what in the past — artificially, effectively and quickly — caused a surge in its prices.  Recent OPEC cuts have had little (or no) effect on the market. The sanctions from Saudi Arabia (and other countries in the Persian Gulf) on Qatar were barely noticed. Unlike all NYSE indexes, that show a steady post-crisis growth, crude oil benchmarks have not taken off, showing a bear market behavior. Forecasting trends and prices brings up an important question: Will geopolitics alone be able to influence the oil and gas market as it did in the past?

Omar Lopez-Arce has worked for the oil and gas industry since 2005.

These Are the Top Risks We Face in 2018

A decade ago, Ian Bremmer, president of Eurasia Group, launched one of the geopolitical world’s greatest marketing coups: an annual list of key global risks.

 2018 version is finely balanced to generate maximum interest among the consultancy’s global banking, defence and government sector clients. China, Russia, North Korea and Iran all figure highly, as do terrorism, Islamic- and cyber- threats.