Powering up: Turkey-Iraq transmission line is part of a broader strategic shift
On July 21, 2024, Iraq inaugurated a new power line connecting Turkey and Iraq to handle Turkish electricity imports. Iraq is operationalizing this new power line with the goal of ensuring a more stable energy future, reshaping its geopolitical relationships, and reducing its reliance on Iran.
The IMF, CPEC, and Pakistan: Will the Chinese save Islamabad yet again?
The China-Pakistan Economic Corridor (CPEC), once heralded as a “game-changer,” has almost disappeared from the spotlight in recent years. The project has faced slow implementation, unpaid loans, corruption, and a dire security situation. How is China responding to Pakistan’s poor handling of CPEC, its perpetual financial troubles, and its periodic demands on China to bail it out?
Special Briefing: The regional impact of Ismail Haniyeh’s assassination
In a new special briefing, scholars from across MEI weigh in with their thoughts on the assassination of Hamas political leader Ismail Haniyeh and the potential regional impact.
Netanyahu’s US visit highlights strains over Gaza war and an opportunity for a new approach
Prime Minister Benjamin Netanyahu’s recent visit to Washington highlighted the growing rift between Israel and the United States, particularly within the Democratic Party. This alliance, once solid, now faces significant discord over three critical issues: ending the war in Gaza, addressing the humanitarian crisis, and recognizing Palestinian self-determination.
Russia and China’s differing engagements with the Houthis
Although Russia and China are in regular dialogue with the Houthis, the motivations that undergird the engagements of both countries differ markedly. The Houthis regard both Russia and China as partners against American unilateralism but have a warmer relationship with Moscow.
The situation in the Red Sea is not getting better
The current situation is not only intolerable – it is unsustainable. It is time to recognize that the Houthis, with strong and persistent support from Iran, are in a position to hold not only the US but virtually the entire global system hostage.
US President Joe Biden will meet with Israeli Prime Minister Benjamin Netanyahu during his visit to Washington this week. The meeting provides an opportunity to double down on considerations of what a “day after” might look like and how best to promote moderate Palestinian voices in the effort to rebuild Gaza.
Wide gap between the Egyptian government’s rosy figures and the economic hardship suffered by millions
For Egyptian officials, June should have been a month to celebrate. And yet none of the seeming macroeconomic successes that the government recorded brought much reassurance to the average Egyptian, who has continued to experience currency shortages, an unreliable energy grid, and fears of a resurgent spike in inflation.
What Comes Next for Turkey? Prospects for Change on the Political, Economic, and Foreign Policy Fronts
After two decades in power and following the Justice and Development Party’s historic defeat in the 2024 local elections, Turkish President Recep Tayyip Erdoğan is now at his most vulnerable. What comes next is not only important for the future prospects of Turkish democracy but also holds important lessons for autocrats across the world. Scholars Evren Balta, Seda Demiralp, Edgar Şar, and M. Murat Kubilay seek to answer key questions about the country’s political, economic, and foreign policy trajectory in a new report from the Middle East Institute.
The weight of past mistakes and the post-election push for economic normalization
For years under President Recep Tayyip Erdoğan, Turkey pursued an unconventional monetary policy. The situation, long untenable, finally became unsustainable in the run-up to the presidential and parliamentary elections in May 2023. In the immediate aftermath of the vote, President Erdoğan announced a dramatic shift, returning to orthodox monetary policy. While there have been tangible improvements on a number of fronts as a result, the country faces both declining household purchasing power in the short term and a range of broader economic challenges in the longer run.
Central Asian states look to Iran as they seek to expand regional transit corridors
When Russia launched its full-scale invasion of Ukraine in late February 2022, it prompted the Central Asian states, and others, to reconsider Iran’s potential role as a transit country. In a little more than two years, Central Asia’s view of Iran has changed from international pariah to key link in lucrative trade routes.
