For the past ten years, Italy and Morocco have been two of the most economically dynamic countries in the Mediterranean basin. Morocco’s rise as a manufacturing and distribution hub for companies seeking to nearshore operations close to mature European end-markets, as well as emerging African end-markets, has created new potential synergies for a deeper Italy-Morocco commercial partnership.
What the UN vote tells us about international sentiments and Israeli diplomacy
The Dec. 30 vote at the United Nations General Assembly (UNGA) regarding Israel reflected once again that the international community does not generally accept the Israeli narrative regarding the Palestinian issue. It also highlights that the Palestinian issue, while not a top priority on the global agenda, is still one of concern around the world.
Six and a half years ago, international governments and organizations successfully negotiated the “Grand Bargain,” an agreement that the largest international non-governmental organizations would allocate 25% of their humanitarian funding to small NGOs. Nowhere was the deal more hotly anticipated than Jordan, where the Syrian refugee crisis compounded existing problems of workforce participation and water scarcity.
Iran and cryptocurrency: Opportunities and obstacles for the regime
While cryptocurrency may offer Iran the opportunity to bypass sanctions and boost trade, it is by no means a panacea for such outcomes and comes with a host of obstacles, such as price volatility, economic uncertainty, energy consumption, and evolving regulation.
Young Ukrainians’ evolving war-time attitudes toward Russia and the West
Listening to students and young professionals is instrumental in understanding the Ukrainian perspective. A series of interviews, conducted in summer 2022, centered around their identity as Ukrainians, how the war is impacting their lives, and how they viewed Russia and the West before and after Feb. 24, 2022. The participants in these interviews have only known an independent Ukraine, and their negative feelings toward Russia will not improve anytime soon.
What role will China play in Ukraine’s post-war transformation?
Cost estimates for Ukraine’s post-war reconstruction already exceed many hundreds of billions of dollars. Given the Western world’s slowing economic prospects, Ukrainian elites admit that China looks increasingly likely to have a role in helping finance and rebuild Ukrainian infrastructure. But Chinese involvement comes with economic and security risks.
What the United Nations’ 6th Climate Assessment tells us about the Mediterranean’s climate future
The latest U.N. IPCC report details the alarming changes that Mediterranean countries will experience in the coming decades due to climate change, highlighting three critical areas — warming and droughts, declining ecosystems, as well as socioeconomic and public health risks.
Morocco and Israel: Economic Opportunities, Military Incentives, and Moral Hazards
The December 2020 Moroccan-Israeli normalization deal has evolved from a vehicle enabling Morocco to gain long-sought U.S. recognition of its claims on Western Sahara to a broader strategic partnership with Israel. But the relationship further strains relations with neighboring rival Algeria.
War crimes in Ukraine: Failure to prosecute Russia will damage international security for years to come
Historically, Russia has escaped accountability for the war crimes it has committed. The war in Ukraine must not follow the same path. Otherwise, the entire international security architecture will bear the consequences of such impunity.
In Turkish-Russian relations, the Ukraine grain deal is not the point
The Ukraine grain export deal, which Turkey helped mediate over the summer, was saved last week to much fanfare; but the central unaddressed issue remains lifting Russia’s illegal blockade of Ukrainian ports, so Ukraine can freely trade with the world.
As liquidity problems worsen, Turkey turns to capital controls and informal FX flows
The Turkish economy’s foreign exchange liquidity problem is getting worse. The current account balance has been in the red this year with a monthly deficit of around $5 billion. The government has so far managed to avoid a repeat of the December 2021 currency shock by restricting capital mobility, further tightening regulations in October 2022.
Tehran lashes out at Israelis’ support for Iranian protest movement
The Iranian regime is pointing the finger at Israel and the U.S. for allegedly orchestrating the nationwide protests. But while the U.S. and Israel both might have an interest in shaping and aiding the protest movement once it began, this large-scale mobilization of the Iranian public is a result of the regime’s own policies.
