If OPEC’s history is anything to go by, everyone suffers from an oil price war.
It is a near truism that U.S. relations with Pakistan have been historically unstable, waxing and waning, climbing to heights of interdependence and sinking to mutual recrimination. Yet this is presently a period unmarked by either high promise or driven by crisis. Rather than a reason, however, for leaving the relationship untouched and unexamined, this can be a time of unusual opportunity to create a more deliberative approach to thinking about the bilateral relationship and for shaping fresh initiatives.
An airstrike last Thursday, which killed 33 Turkish soldiers and wounded 60 more, was a game-changing development in the Syrian conflict. In the days since, Turkey has unleashed a major military response, carrying out scores of drone attacks on Syrian Army units and facilities. All of this is taking place against the backdrop of a massive and growing humanitarian crisis, with nearly a million people fleeing toward the Turkish border. Charles Lister and Sasha Ghost-Siminoff join host Alistair Taylor to discuss how events are unfolding.
A surge of cases could strike the region’s most vulnerable populations, notably the nearly 12 million refugees and internally displaced persons.
The latest economic crisis in Syria is hitting the population hard. Syrians have been beset by currency depreciation, soaring prices for basic goods, and energy shortages that have left people to freeze in the harsh winter, leading to growing and increasingly vocal discontent.
There has been a largely overlooked yet significant trend in entrepreneurship in Egypt, the Arab world’s most populous country. Much of this has been concentrated in the country’s two main economic centers, Cairo and Alexandria, but there are also signs of a broader and more inclusive trend. Despite this boom, few start-ups seem to have left much of a mark beyond the early development stages. A lack of access to finance has long been recognized as a key obstacle, yet the approaches taken by the government and international development lenders have proven largely ineffective. If this, along with other obstacles, can be addressed, the country’s nascent start-up scene could become a catalyst for economic development.
The main takeaway from the Saudi Aramco IPO in December 2019 is that the Saudi leadership is willing to fully support private investors.
Egypt’s burgeoning population is one of the biggest threats to its future.
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.
The green movement has been slow to catch on in Egypt, but the January announcement by the Egyptian government that it is finalizing plans to launch the country’s first green bonds could provide the financial incentives to further promote sustainable development. “Sustainability” is one of the fastest growing sectors globally, estimated to reach as much as $12 trillion annually by 2030.
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.
Faced with the threat of further sanctions, a volatile situation in neighboring Lebanon, and a brutally tough winter, the only thing currently rising from the embers of war-torn Syria is the value of the dollar against the struggling Syrian pound. This marks the beginning of a dangerous new phase in the Syrian conflict as the government, fresh from its eight-year-long war for survival, tries to fend off an economic collapse from within.
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.