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At a meeting in Vienna this December, OPEC and non-OPEC producing states reached a highly publicized agreement to cut oil production. What impact will this deal have on international energy markets and geopolitics in 2017? How will it coexist with President-elect Donald Trump’s new energy policies?

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If Donald Trump pushed for the closure of the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) and channeled the US contribution instead to host the referendum among those currently living in the West Bank and Gaza Strip, Palestine could be independent in a year.

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2016 was a bad year for tobacco harm reduction at the federal level. But in the private sector, innovation is proceeding apace while the new administration could usher in more sensible policy. Plus, a shout-out to Iowa’s Attorney General, Tom Miller.

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taxes1

According to new data released by the IRS, just the top 400 US taxpayers in 2014 paid about $30 billion in federal income taxes and the top 0.001 percent (1,396 taxpayers) paid nearly $50 billion. In contrast, the income tax revenue collected from the nearly 70 million Americans in the bottom half of all US taxpayers was $37.7 billion.

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Some of the events that marked 2016 — reality TV show host Donald Trump’s victory in the presidential election, the United Kingdom’s vote in favor of leaving the European Union — were a nightmare for prognosticators everywhere. Despite that, I am now ready to confidently predict a series of major events that will shape 2017.

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Why did it take so long for the Obama administration to respond to Russian hacking and interference in the US elections process?

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North Korean leader Kim Jong Un (C) speaks during the first party committee meeting in Pyongyang, in this undated photo released by North Korea's Korean Central News Agency (KCNA) December 25, 2016. REUTERS/KCNA.

US “nonproliferation” policy toward North Korean has been a near-total failure for a full quarter century, because all recent American administrations, Democrat and Republican alike, proceeded on the assumption that the way to stop North Korea’s nuclear buildup was to negotiate it away.

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Muddled thinking on economics by the Modi government has undercut a sensible foreign policy.

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President Obama and John Kerry, in their attacks on Israel in the United Nations and at the State Department, have undercut the argument that Donald Trump is overly trusting of, and willing to make concessions to, Russia.

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Turning a blind eye to Italy’s economic problems would hardly seem to be a responsible way to formulate global economic policy.

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Russia's President Vladimir Putin (C), Foreign Minister Sergei Lavrov (L), and Defence Minister Sergei Shoigu attend a meeting at the Kremlin in Moscow, Russia December 29, 2016. Sputnik/Mikhail Klimentyev/Kremlin.

If the US wishes to respond reciprocally to Russia’s hacking, it should begin exposing the vast wealth Putin and his Kremlin cronies have acquired through outright corruption.

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