Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
Chechen strongman and close Putin ally Ramzan Kadyrov claims he met with Turkish officials to discuss cooperation. If true, the claim would signify Turkey’s possible backsliding on some of its previous commitments as well as trigger a negative reaction from Ukraine.
After achieving respectable growth in 2021, the GCC member states now face the risk of monetary (over) tightening due to the need to follow the U.S Federal Reserve’s interest rate adjustments. These increases are not warranted, however, as the GCC economies currently face relatively moderate inflation. Instead, they should use the available fiscal space to mitigate the negative fallout of monetary tightening and make greater use of PPPs for future infrastructure development.
Iranian-Turkish trade and economic cooperation has been the all-important platform on which otherwise often tense bilateral relations could survive. With trade and economic ties now weakening, their geopolitical rivalry could sharply re-intensify.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
Russian President Vladimir Putin’s July 19 visit to Tehran will have important repercussions for the region’s evolving security environment as well as the trajectory of Iranian-Russian relations more specifically. Although officially billed as seeking to revive the “Astana peace process” on Syria, the significance of the trip has less to do with the trilateral meeting between Iran, Russia, and Turkey and more with the deepening of ties between Moscow and Tehran.
Sudan has a longstanding strategic partnership with Turkey, forged on the basis of shared ideology and fostered by growing economic and political ties, that has proven resilient to regime change. Khartoum has not abandoned its relationship with Ankara despite the ouster of former President Omar al-Bashir in 2019 or the opposition of Saudi Arabia, the UAE, and Egypt, Turkey’s former regional rivals and more recent cautious partners.
Turkey’s economic problems continue to go from bad to worse. Its foreign trade deficit has reached a monthly average of $8 billion this year. Amid the sharp rise in global energy prices this spring following Russia’s invasion of Ukraine, the country’s average gross energy imports shot up from $3-4 billion per month to $7-8 billion. A reduction in energy imports and the recovery of tourism this summer have not offset this, and the current account deficit continues to widen.
The last few years have seen a lot of consolidation in Gulf financial sectors. Not only do these mergers create economic benefits, the merged entities also become potent tools for economic development. The mega-funds and other major financial institutions are part of a trend where Gulf political elites sidestep ossified bureaucracies and instead centralize power in private entities over which they have even more control.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
Turkish President Recep Tayyip Erdoğan is notorious for pursuing a one-man foreign policy strategy to consolidate his popularity with his nationalist voter base. He has utilized bold, and sometimes reckless, foreign policy as a vehicle for his political ambitions. Now, Russia’s invasion of Ukraine has opened up new high-risk opportunities for Erdoğan to improve his domestic image, especially as the next Turkish presidential and parliamentary elections approach.
Expert regional analysis by MEI scholars and contributors.
As the threat of a new Turkish military incursion into northern Syria looms, other international stakeholders in the Syrian crisis continue to voice their concerns over Ankara’s ambitions. At odds with Turkey since 2011 over its desire to overthrow the regime of Syrian President Bashar al-Assad and its support for an array of armed opposition factions, Iran has been increasingly vocal of late in opposing a potential new Turkish military operation.
After 16 years under Angela Merkel, Olaf Scholz’s assumption of Germany’s chancellorship on Dec. 8, 2021 marked a new chapter in the nation’s politics. Within the “traffic light” coalition government formed by the Social Democrats, the Free Democratic Party, and the Greens, Annalena Baerbock heads the Ministry of Foreign Affairs. Before taking office, the co-leader of Alliance 90/The Greens was known for both her welcoming attitude toward immigrants and her full-throated condemnation of human rights violations by authoritarian governments. The Middle East and North Africa (MENA) region has no shortage of the latter: According to the Economist Intelligence Unit’s Democracy Index, 17 out of the 20 countries in the region are “authoritarian” and not one is characterized as a “full democracy.” Beyond human rights, other key MENA policy issues for the new government include Iran, Turkey, ongoing conflicts in the region, and immigration. The challenges are numerous, if well-known, but how will Berlin respond? Is Germany’s policy toward MENA likely to change or remain the same under the new government?