After Aramco IPO, Saudi Arabia hopes to create an investor-friendly economy
The main takeaway from the Saudi Aramco IPO in December 2019 is that the Saudi leadership is willing to fully support private investors.
The main takeaway from the Saudi Aramco IPO in December 2019 is that the Saudi leadership is willing to fully support private investors.
The eastern Mediterranean has become an increasingly important focus for Turkey’s foreign and security policy, but the interlocking of new issues like energy politics and sovereignty rights with old problems like Cyprus has created significant challenges for Ankara.
Over the past 14 months, there have been moments when it seemed like progress was being made toward de-escalation in Yemen, but there have also been significant setbacks as well. Peace efforts thus far have been largely fragmented and frail, and two primary lessons from the past failures have become clear.
On Feb. 21, Iranians will be voting to elect a new Majlis, the country’s unicameral Parliament. Viewed from the outside, participating in the electoral system might seem futile. While the Iranian constitution recognizes popular will, as represented by an elected president and Parliament, the whole political system operates under the supreme leader, who, although appointed by an elected clerical body (the Assembly of Experts), is, in effect, answerable to no one. The Majlis does, however, have the power to remove the president — a fate that could potentially await President Hassan Rouhani if the conservatives win a majority in the upcoming elections.
Since the beginning of the Syrian civil war in 2011, many analysts have examined the role played by a handful of key outside actors, such as Russia, Iran, Turkey, and the member states of the Gulf Cooperation Council (GCC). Yet China has received comparatively little attention in most discussions about the Syrian crisis. A deeper look at Sino-Syrian relations and Beijing’s policies vis-à-vis Syria is long overdue as this bilateral relationship is set to become increasingly important to both China’s ambitious foreign policy as well as the Syrian government’s vision for reconstruction and redevelopment.
While proclamations of ISIS’s defeat were certainly premature, international policy and attention on countering terrorism in Syria has since declined — as if to suggest that the job is done. In fact, as 2020 sets in, the world seems to be getting counter-terrorism all wrong in Syria, in three interlinked ways.
Over the past several weeks geopolitical experts have been talking a lot about what the surprise U.S. drone attack on Iranian Gen. Qassem Soleimani, head of the IRGC – Quds Force, on Jan. 3 means for the Middle East and relations between the major powers. What has received considerably less attention, however, is what Soleimani’s killing means for the South Caucasus, a region whose small size belies its strategic importance.
As neighboring regions, the South Caucasus and the Middle East are inextricably intertwined — so much so that the former is sometimes even considered part of the Greater Middle East. While geographical proximity is the strongest driver of interconnectivity between the two regions, geopolitics, business ties, and energy interests also link countries from the South Caucasus and the Middle East and form the basis for important bilateral and regional relationships.
In the immediate aftermath of the assassination of Gen. Qassem Soleimani, head of the Islamic Revolutionary Guard Corps – Quds Force, on Jan. 3, Ayatollah Ali Khamenei warned the U.S. of Iran’s “harsh revenge.” There has been much speculation around the timing, location, and the type (or form) of Iran’s promised revenge. Amin Mohseni-Cheraghlou takes a closer look at the impact of the widely discussed strategy of blocking the Strait of Hormuz.
18 years after CIA and U.S. special operations elements touched down in Afghanistan to pursue al-Qaeda and topple the Taliban, ongoing, incremental troop reductions reveal the smoke and mirrors manner in which the U.S. is withdrawing from the conflict in lieu of a negotiated settlement.
On Jan. 8, Turkey inaugurated the TurkStream natural gas pipeline from Russia, seemingly deepening Ankara’s ties with Moscow. However, a fuller analysis of Turkey’s current energy policies and consumption trends indicate a dramatic shift westward, away from Russia and Iran.
It is unclear how many civilians were killed in February and March 2019, when the U.S.-led coalition and the Syrian Democratic Forces (SDF) pounded ISIS’s last enclave around the town of Baghouz. Presumably, the numbers reached into the thousands. Those who escaped found themselves in the desert, hundreds of kilometers away from lifesaving aid. The reasons for the failure of the humanitarian response were mainly political.
Over the past five years, the focus of U.S. counterterrorism strategists has remained on the Middle East, especially after the emergence of ISIS in 2014, while Islamist terrorist organizations operating in South Asia have been considered a secondary threat. However, the fact remains that South Asia is home to more Islamist terrorist organizations than any other region of the world. Al-Qaeda was born there, in Afghanistan, and ISIS has roots in the region. But at the turn of the decade both global jihadist groups are now facing major challenges and the critical question is whether they will manage to survive this period of crisis amid a severe leadership vacuum following the death of ISIS’s supreme leader and caliph, Abu Bakr al-Baghdadi, and the killing of al-Qaeda heir apparent Hamza bin Laden.
The consequences of what happens in Idlib could come to define the future of Syria — a country already destined for many more years of instability and suffering.
After several years of behind-the-scenes efforts, the Caesar Syria Civilian Protection Act will be signed into law in Washington. It is an extraordinarily expansive and aggressive piece of legislation, allowing for a significant expansion of sanctions against Syrian regime figures and bodies, including the Central Bank and multiple sectors of the state economy. More significantly, the “Caesar Bill” will place an expectation on the U.S. government to sanction any individual or organization anywhere in the world who provides any form of financial support to the Syrian regime that furthers its ability to repress its people.