Ahead of the seventh round of the Iran nuclear negotiations that ended on Dec. 3 in Vienna, many observers interpreted Ebrahim Raisi’s election to the presidency and his recent rhetoric as representing a distinct shift in Iran’s nuclear strategy. Indeed, in November, Raisi’s government’s official newspaper Iran explained that Tehran’s strategy in Vienna has changed, and that it has embraced a new approach looking to compel the West to agree with Iran’s terms for a “good deal.” Yet there is more continuity than change in Iranian decision-making on the nuclear file than meets the eye, and Raisi’s election by itself has not represented a fundamental rearrangement.
Following the resignation of the finance minister and his replacement by a loyalist on Dec. 2, the Turkish lira continued its steady decline against the dollar, bringing its losses for the year to nearly 50%. The Central Bank of the Republic of Turkey’s early cuts to the policy rate since September have resulted in an exodus of foreign capital and a rush in demand for foreign exchange among domestic investors.
Beyond the Bedouin path: The evolution of Emirati national identity
The UAE will celebrate the 50th anniversary of the qiyam al-dawla (establishment of the state) and qiyam al-ittihad (establishment of the federation of seven emirates) on Dec. 2. Since 1971, the Emirati political elite has addressed the complex responsibilities of building a functional bureaucratic apparatus while shaping the nation’s identity. An oil-based model informed this state-building process and the expectations of citizens for decades, but the country now faces a more complex environment. New challenges such as the growing youth population, the drive toward sustainability, and changing patterns within the global economy affect the current Emirati political agenda; however, the UAE leadership must balance the urgent search for innovative strategies with Emirati haweeya al-watani (national identity) and turath (heritage).
Energy Prospects in the Gulf: The Oil Price Ascent, in Brief
While oil prices have rebounded before soaring since the depths of collapse in the spring of 2020 — with Brent crude prices skyrocketing from $19 per barrel in April 2020 to a three-year high of $86 per barrel in October 2021 — the prospects for a sustained high oil price for Gulf producers is unlikely.
Tajikistan’s evolving relations with the Taliban 2.0
While the international community has adopted a “wait-and-see” attitude toward the Afghan Taliban, Tajikistan has taken a sharply critical view. Rhetoric between Tajikistan and the Taliban is increasingly bitter, a symptom of a broader problem in their bilateral ties. Tajikistan’s President Emomali Rahmon has condemned the Taliban regime in Kabul for failing to form an inclusive government and for violating human rights in the Panjshir Valley. The Taliban have responded by warning Tajikistan not to interfere in Afghanistan’s internal affairs.
It is with heavy hearts that we in the MEI family mourn the sudden passing of Dr. James McGann, leader and visionary creator of the University of Pennsylvania’s Think Tanks and Civil Societies Program.
Iranians are disillusioned with Biden’s soft approach to the Islamic Republic
If the Biden administration makes concessions to appease the Islamic Republic of Iran as part of the recently resumed Vienna nuclear talks, it will be a historic mistake. The Islamic Republic is facing a deep legitimacy crisis of its own making, as a series of disastrous decisions have hardened the people’s views against the regime. These days, anyone who is seen to be throwing the Islamic Republic a lifeline will be wildly unpopular among Iranians.
The existential challenge of Jordan’s unquenchable thirst
Jordan is facing an existential challenge and it has nothing to do with the deadlocked Israeli-Palestinian peace process, the war in neighboring Syria, or the threat of militant Islamists. The challenge is climate change, which is responsible for poor rainy seasons over the past few years. The situation has become so bad that in the past few weeks the government admitted that six of the kingdom’s 14 active dams have now completely dried up, exacerbating endemic shortages of water used for drinking, irrigation, and industry.
Since the hasty American withdrawal from Afghanistan in August, refugees have flowed out of the country and its domestic problems have grown increasingly dire due to the lack of effective governance and much-needed funding. Neighboring countries Iran, Pakistan, and China, along with other regional states and the U.S., now all face a dilemma as to how to stabilize the rapidly deteriorating internal situation. Further efforts must be made to address the growing economic and humanitarian crisis, especially before the onset of winter, although the nature and scope of these efforts are likely to be shaped by the broader competition between Washington and Beijing.
OPEC+ faces new tests to its market balancing strategy in 2022
When President Joe Biden’s White House announced that it had successfully enlisted several major oil-consuming countries in an effort to coordinate releases from strategic petroleum reserves (SPRs) around the world, it looked like this would be the only major factor in oil markets that OPEC+ would need to consider at its upcoming meeting on Dec. 2. Then came Omicron. The newly discovered variant of the COVID-19 virus sent benchmark oil prices plunging on Nov. 26 as uncertainty over its impact roiled global markets.
منذ البداية، عرَّفت جمهورية إيران الإسلامية نفسها على أنها دولة دينية يتمتع فيها رجال الدين بمكانة مميزة. ومع ذلك، لم تتمكن السلطات قط من إخفاء مخاوفها المستمرة بشأن ما تعتبره فجوة متنامية بين أفكار العديد من رجال الدين الإيرانيين ووجهات نظر المرشد الأعلى لإيران.
