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sweden

At last, a Western country stands up to Saudi Arabia on human rights

The Swedish government this week decided to scrap an arms deal with Saudi Arabia, effectively bringing to an end a decade-old defense agreement with the kingdom. The move followed complaints made by the Swedish Foreign Minister Margot Wallstrom that she was blocked by the Saudis from speaking about democracy and women’s rights at a gathering […]

oil-revenues

Oil-price drop cuts tax revenues in highest-producing states

Texas, North Dakota, Alaska, and Oklahoma are four of the five top oil- and natural gas-producing states, and they derive a significant share of their unrestricted operating revenues from taxes on oil and natural gas production. Although California produces more oil than both Alaska and Oklahoma, its economy is much larger, making it relatively less […]