الاقتصاد

Sanctions have had a devastating impact on Iran’s oil production and exports, preventing much-needed investment in the country’s ageing fields and barring it from legally exporting crude oil to global customers. Using a range of evasion tactics, however, Iran has succeeded in circumventing sanctions and maintaining a steady — albeit much lower — level of crude exports. The Gulf’s complex regional oil market has facilitated these tactics, providing the perfect environment for trade in oil that U.S. sanctions designate as illicit.

Although it has been more than 18 months since Iraq’s October 2019 protests, many of the big questions raised remain unanswered, most of which revolve around the sustainability of the post-2003 political system and its ability to correct itself over time.

Syrian refugees in Lebanon are now in a state of legal limbo and have been pushed further to the margins of society and into the arms of smugglers and profiteers as they, along with most Lebanese, desperately try to survive in a country described by one of its own political leaders as a sinking ship.

Lebanon’s political leaders are getting deeper into trouble, and they know it. This does not make them any less dangerous. Recurring skirmishes over cabinet formation — namely those referencing constitutional powers, cabinet size, sectarian representation, and ministerial allocation — continue to dominate the public discourse and waste precious time. They remain, however, peripheral to the central issue that establishment parties currently face: an all-out struggle for political survival at a time when tough and unapologetic decisions need to be made.

The 25-year agreement between Iran and China that made headlines this past month is far from new. It was first announced in 2016 during a state visit by President Xi Jinping to Tehran, at a time when sanctions on Iran were being lifted as part of the 2015 nuclear deal. Chinese and Iranian officials have been working out the details of the deal ever since as part of a slow process of consultation and negotiations. The timing of the latest announcement about the agreement is, therefore, less about developments in relations between Beijing and Tehran and more about the fast-deteriorating relations between Beijing and Washington. China is looking to identify areas where it can cultivate leverage, and Iran is a prime opportunity.

The Middle East and North Africa faces a host of major environmental challenges, from water scarcity and food insecurity to climate change adaptation. In recognition of Earth Day on April 22 and in conjunction with MEI’s Climate Week 2021 events, we asked experts and scholars to weigh in with their thoughts on the most pressing environmental issues facing the region.

April 11, 2021 was to be a day of celebration and national pride marking the kingdom of Jordan’s centenary as a state — a geopolitical feat in itself few thought was possible a century ago. But instead of pomp and ceremony the festivities were overshadowed by stark events that took place a week before when the government unveiled a “plot” to destabilize the country involving a senior member of the royal family, a close former palace aide, and “outside entities.” This was an unprecedented development in the history of the kingdom and ruling monarchy. The implication of Prince Hamzah, the former crown prince and half-brother of King Abdullah, in a fuzzy conspiracy that is tantamount to a coup has shocked Jordanians from all walks of life. 

The announcement of the Comprehensive Strategic Partnership (CSP), a 25 year-long economic and development agreement between China and Iran, has immediately added to the intensifying discourse concerning US-China Geostrategic Competition. Nonetheless, a closer look at its implications suggests that it may be useful in achieving some U.S. goals with Iran: particularly regime modernization.

For many years, the United Arab Emirates (UAE) has thrived as a result of its ability to attract talent from abroad. On Jan. 30, 2021, Sheikh Mohammed bin Rashid al-Maktoum, the vice-president and prime minister of the UAE and ruler of Dubai, announced on Twitter[1] an amendment to the law that is designed to entice and retain foreigners by permitting a select group of expatriates to become Emirati citizens without giving up their original nationality.

It is time for Egypt to put a price on carbon. While Cairo has taken small steps toward developing a sustainability plan, it needs a bold idea to stop rising carbon emissions. Establishing a carbon exchange — or putting a price on carbon — would be good for the country and help make Egypt an environmental leader in the region.

For the past 18 months, Lebanon has been reeling from a wrenching economic crisis. This essay deciphers the crisis’s origin, describes the current juncture, and reflects on the likely outcomes in the proximate future.