Posted inAT Finance, Brunei, Middle East, Singapore, South Asia, Thailand, United Kingdom, World

When the wells run dry in Brunei

While boom and bust cycles have frequently ravaged Southeast Asia’s economies, the small sultanate of Brunei has been mostly insulated from financial fallout. But a sustained slump in global energy prices has taken a heavy toll on the fuel-exporting nation, raising hard questions about its economic and political future. The strict Islamic sultanate, whose half […]