Turkish President Recep Tayyip Erdoğan hollowed out state institutions, placed loyalists in key positions, and enriched his cronies — paving the way for this tragedy.
As a condition of its $3 billion loan from the IMF, the Egyptian Central Bank confirmed its pledge to maintain a durably flexible exchange rate. The Egyptian pound quickly and sharply dropped, but economists are cautiously optimistic that Egypt can sustain the current crisis and repay its debts. The government is walking a tight rope, attempting to raise revenues and attract investments without exacerbating the tough living conditions at home.
The earthquakes that shook Turkey and Syria in the early hours of Feb. 6 represent a shocking human tragedy, with casualties already in the thousands. Hundreds of thousands, if not millions, have been rendered homeless in the cold and wet of winter. There is no overstating the human suffering. This natural disaster is, at the same time, a clear political test for the current AKP-MHP government, one that will gauge its efficacy and legitimacy only months before critical elections, set to be held on May 14.
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Southern Turkey and northern Syria were struck by a crippling 7.8 magnitude earthquake at 4:17 AM, on Feb. 6. Twelve hours later, at least 2,400 people are known to have perished, with death tolls rapidly rising. This natural disaster could not have come at a worse time or struck a more vulnerable region — with notoriously poor construction in southern Turkey and the effects of more than a decade of brutal conflict still afflicting northern Syria.
A little over two weeks ago, the defense and intelligence chiefs of Turkey and Syria met face-to-face in Moscow — the first such meeting in over a decade. On the surface, this latest flurry of engagement with Assad’s regime is a major development. Were Turkey to decisively shift its Syria policy, the effects would be dramatic. Beyond the hype and speculation, Turkey’s decision to participate in the Moscow meetings is not altogether surprising and it does not represent a wholesale policy reversal. What has changed more recently is Turkey’s impending elections — and with them Erdoğan’s political calculations.
Expert regional analysis by MEI scholars and contributors.
The challenge of developing export strategies for the offshore natural gas resources concentrated in the Eastern Mediterranean predates the Russo-Ukrainian war. Yet over the course of 2022, Europe’s intensifying energy crisis created a new and more immediate incentive to solve those export challenges, despite a great deal of work still to be done.
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Ten of the most important or far-reaching events and trends that dominated the MENA region in 2022.
Should the Turkish government make good on its threats to launch yet another military incursion into northern Syria, it would lead to a sharp escalation in violence in a country afflicted by a more-than-decade-long brutal conflict. Not only would Turkey’s military incursion have significant immediate effects on civilians and combatants in Syria, but it could also reverberate further throughout the region and world.
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Participating in COP27 provided a unique opportunity to view the proceedings firsthand and evaluate the effectiveness of the meeting in advancing critical climate priorities that can alter the alarming trajectory of future climate change.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
