Levant

عقب استقالة وزير المالية واستبداله بأحد الموالين للرئيس رجب طيب أردوغان في الثاني من ديسمبر/كانون الأول، واصلت الليرة التركية تراجعها المطرد أمام الدولار، لتصل خسائرها خلال العام إلى قرابة 50٪. من جديد تقع العملة التركية تحت وابل من المضاربات، على غرار الحلقات السابقة في يوليو/تموز 2018 وأكتوبر/تشرين

Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.

The 4.8 million residents of the occupied Palestinian territories live in two simultaneous and vastly different realities. In the physical world, Palestinians are captives, crammed into Gaza or West Bank enclaves and blockaded by Israeli military checkpoints. But on the internet, the checkpoints disappear.

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.

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.

Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.

Jason Pack on the 2021 Oasis Backgammon Championship, the first major international backgammon tournament to be hosted in the Arab World in recent memory, and how it reflects broader changes in the Middle East.

​​​​​​​Repeated crises in Lebanon, including the COVID-19 pandemic, have highlighted the need for resilience in the Lebanese Armed Forces (LAF). Amid the current acute economic and financial crisis facing the country, there are warning signs about the LAF’s incapacity to continue, as the resources at its disposal and popular confidence in its effectiveness have both been degraded. In light of the current challenges and those that may lie ahead, the LAF needs to become more resilient, able to both adapt and strengthen as an organization, while also ensuring public security, the conditions of its personnel, and its own long-term status.

During his recent visit to Tbilisi, U.S. Defense Secretary Lloyd Austin poured cold water on the idea of American support for a so-called “3+3 format” in the South Caucasus. When asked about the proposal, he said, “I would just say that Russia, which currently occupies 20% of Georgia’s territory, should focus on honoring its 2008 cease-fire commitments before promoting any new discussion platforms.”

Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.

Afghanistan’s economy is collapsing. The Taliban’s forceful seizure of power led to a curtailment of almost all foreign aid, a devastating development for a nation overwhelmingly dependent on international assistance. Widespread drought, pervasive corruption, the perennially inadequate use of the country’s human capital, and a population largely unvaccinated against COVID-19 have exacerbated this longstanding problem of foreign financial dependence.

Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.