Fearing war fatigue in Ukraine or an escalation of tensions with the potential to spill over beyond region, the West is keen to act. But what can the EU and NATO do to help resolve the war in Ukraine?
The Russian invasion of Ukraine has been a watershed moment on so many levels for so many countries. Existing political, economic, energy, and transportation channels are being affected across western Eurasia. Countries are maneuvering to minimize the war’s detrimental impact while new trade synergies are being formed at a rapid pace. Most recently, Germany and Qatar signed a long-term energy partnership for the delivery of Qatari natural gas as the Germans look to reduce dependence on Russian supplies. Qatar’s reserves are located in the world’s largest gas field, which it shares with its northern neighbor, Iran.
The war in Ukraine couldn’t have come at a worse time for the Turkish economy. Amid the country’s ongoing economic crisis, the government has been implementing extraordinary and unconventional monetary and fiscal policies.
تناقش لي تشين سيم، الباحثة غير المقيمة في برنامج الاقتصاد والطاقة التابع لمعهد الشرق الأوسط (MEI)، نتائج منشورها الأخير بعنوان "تأثير القوى العظمى في الشرق الأوسط: العلاقة بين الصين وروسيا كمضاعف للقوة"، الذي شاركت في تأليفه مع جوناثان فولتون.
Over the past decade, Morocco made great progress in climbing up the global Doing Business Index (DBI), jumping from the rank of 130 in 2009 to 53 in 2020. Yet, Morocco’s improved DBI ranking did not correlate with significant economic improvement.
This year was already expected to pose challenges for Morocco, Algeria, and Tunisia. Inflationary pressures have been driving up the price of goods since the fourth quarter of 2021. Persistent unemployment, worsened by the COVID-19 pandemic, aggravated social discontent. Now, as winter turns to spring, socio-economic stability in the Maghreb is being imperiled by the conflict in Ukraine and insufficient rainfall at home.
In two months, Lebanon is scheduled to hold parliamentary elections in the midst of a continuing economic meltdown and total failure of governance. The outcome of the vote is likely to be disappointing for anyone expecting to elect new leaders capable of reforming Lebanon.
اقرأ تقرير MEI الأسبوعي الذي يتضمن تحليلات الخبراء للتطورات الإقليمية الرئيسية للأسبوع المقبل.
As global attention shifts further away from Afghanistan to Ukraine and elsewhere, time is running out to change course before the country’s freefall under the Taliban becomes irreversible. The international community needs a two-pronged, interlinked approach to normalize the economy and stabilize the political scene.
As Russia’s two-week-old war against Ukraine has brought Lebanon’s wheat imports from the besieged Black Sea nation to a complete standstill, the government in Beirut is racing against the clock to avert a catastrophic food crisis.
While Europe might be ready for more Algerian gas as it looks to diversify its suppliers, Algeria’s current production capacity limits its ability to substantially increase export volumes to Europe. As of now, any meaningful increases in Algerian production will require years of exploration and development and more crucially, further energy industry reforms to attract new investment.
Attempts at deterrence by sanctions have failed. The question now is: Does the West expect sanctions to change Russian President Vladimir Putin’s actions? We think not — and the world should have given up years ago on expecting them to dissuade him.
The rapid evolution of the war in Ukraine and its horrendous humanitarian consequences caught many of us by surprise. The effects of the crisis will materially — although heterogeneously — impact MENA economies, and, sadly, can have a compounding negative effect on food security and welfare across the region.
One of the most ambitious elements of China’s Digital Silk Road is the Pakistan & East Africa Connecting Europe (PEACE) fiber-optic cable. China has long expressed its ambition to connect the greater Middle East, Africa, and Europe with Chinese fiber optics in order to expand its presence in the region, and Beijing now boasts strategic infrastructure assets in geopolitical hotspots, such as the Pakistani port of Gwadar.
Although Western countries have managed to limit Moscow’s capacity to export oil, the Arab Gulf monarchies are unlikely to be able to benefit in the near term. This may change in the long run, however.