SOURCE: Galaviz & Company LLC

Galaviz & Company LLC

February 22, 2011 07:26 ET

Middle East Political Volatility and Economic Impact Research Briefing Issued by Galaviz & Company

WASHINGTON, DC--(Marketwire - February 22, 2011) -  Galaviz & Company has issued a research briefing on the current situation in the Middle East with a focus on the tourism sector, oil prices and the overall economic dynamics in the region. The analysis provides insight into some of the direct and indirect implications of the political transitions rapidly occurring in the Middle East region.

The following are some key highlights of the research briefing:

  • Impact on global economics over the next month will be significant and real
  • Middle East tourism sector will suffer declines of at least 20%
  • Projection: Oil prices will achieve $115 per barrel (Brent) in next two weeks
  • Critical for the U.S. to be supportive of volatility associated with transition
  • Countries to Watch: Libya, Qatar, Saudi Arabia, and the UAE

Jonathan Galaviz, Chief Economist at Galaviz & Company, stated, "The situation in the Middle East is quickly evolving. Political volatility in the region may be uneasy for the global community, but sometimes long-term stability comes from short-term instability. One cannot help but watch in awe of the courage and sacrifice many people in the Middle East are making for their cause. However, there are significant global economic implications for this activity in the short-run."

Galaviz & Company sees extreme unpredictability in the Middle East as leadership structures in many of these countries begin to fail or become severely handicapped. There is a convergence of both political and economic dynamics concerning the Middle East; particularly as it relates to the impact the price of oil will have on the global economy.

The full Galaviz & Company research-briefing note can be found at the following link:


Galaviz & Company LLC is a boutique economic research and strategy consulting firm that serves global Fortune 1000 companies to understand the world from a strategic, political and economic perspective. The firm has its roots in the analysis of the global travel and leisure sector (hotels, tourism, casinos, and airlines). Galaviz & Company prepares feasibility reports and provides strategy consulting for clients worldwide, including private equity funds, investment banks, and real estate firms. The firm was founded in 2010 and is based in Las Vegas, Nevada, the world's leading global tourism hub. The company also maintains a presence in Washington, DC.