The successes and failures of Turkey’s new economic team
It has been two months since Turkey’s new economic team took over and some progress has been made. Market normalization has begun and the risk of a balance-of-payments crisis has been reduced. At the same time, however, inflation is gaining new momentum, the budget deficit is sharply worsening, and no reform agenda has yet been announced to tackle these threats.
The Beirut blast three years on: The case for international accountability
Three years on from the Beirut port blast, Hezbollah, with the support of Lebanon’s political elite, has managed to obstruct and even quash the domestic judicial process for holding those responsible for the explosion accountable and delivering justice to both victims and a battered nation. The international community must uphold its responsibility toward the Lebanese people by enabling a U.N. fact-finding mission to investigate the blast, sanctioning those responsible for obstructing justice, and making ending impunity the centerpiece of international mediation on the Lebanese crisis.
Realigning priorities: Egypt's strategic shift toward Qatar, Turkey, and Iran
While some analysts attribute Egypt’s realignment toward Turkey, Qatar, and Iran to a change in the foreign policies of its influential allies, the UAE and Saudi Arabia, it can be argued that Egypt’s shift is primarily motivated by its domestic dynamics and its unfulfilled foreign policy objectives between 2014 and 2018. Egypt’s realignment, in that sense, seeks to achieve multiple unmet domestic and regional aims.
Turkey's role after the Black Sea grain deal collapse has become even more critical
During the 500 days since Russia’s invasion of Ukraine, the Middle East avoided a catastrophic food crisis, thanks in part to the Black Sea grain initiative. Russia’s decision to cancel that agreement is raising fears that the return of supply shortages and skyrocketing wheat prices could quickly plunge the most vulnerable countries of the region into crisis.
France’s Foreign Policy Towards Lebanon and its Discontents
MEI U.S.-Lebanon Fellow Fadi Nicholas Nassar is joined by Karim Bitar for a discussion on French foreign policy towards Lebanon. The pair focus on the current state of affairs in Lebanon, historical trends in French policy towards the country and the region, and more in the latest episode of Middle East Focus.
Climate Change Threatens Turkey’s Role as a Food Supplier to Europe and the Middle East
The persistence of high food inflation in Turkey belies a deeper problem. Turkish agrifood production cannot adequately cope with increasing water scarcity due to climate change. Challenging Turkey’s own food security, the growing crisis also threatens Turkey’s role as a food supplier to Europe and the Middle East. Regional food supply chain breakdowns due to a decline in Turkish production would create a debilitating economic impact on both regions.
Regional Environmental Cooperation Between Israel and Its Neighbors
As environmental challenges become a priority for countries across the Middle East and the Mediterranean, this creates new opportunities for regional environmental cooperation, including between Israel and its neighbors. Despite being limited in scope and facing several key obstacles, regional cooperative endeavors are taking place, including on both the bilateral and multilateral levels, and efforts to sustain and expand them are underway. This new report, written under the auspices of the Israel Climate Forum, addresses the importance of regional environmental cooperation in the Middle East and Mediterranean, examines the scope of such cooperation between Israel and its neighbors, and spells out opportunities, obstacles, and recommendations for increased coordination and joint action, including the role the U.S. and Europe can play.
Mastering the growing crisis in the South Caucasus: A role for the West and Turkey
The South Caucasus region needs a clear push from the West to ensure its long-term stability and achieve a pro-Western orientation. But no lasting solutions in this space will be possible until there is an end to the war in Ukraine that fulfills the interests of both Ukraine itself and the broader West. The United States and the European Union, in cooperation with other key players — foremost Turkey — must showcase greater determination, flexibility, and coordination when it comes to their policies toward the region.
Georgia the interconnector — but where’s Washington?
For the sake of safeguarding transatlantic — and thus also American — security interests in the South Caucasus, it is becoming increasingly imperative that the United States better anchor itself economically, politically, and militarily in the eastern Black Sea region, especially strategically placed Georgia.
The US and France must push back on Iran to break Lebanon’s political gridlock
Jean-Yves Le Drian, French President Emmanuel Macron’s envoy to Lebanon, made a preliminary diplomatic visit to Beirut last week. Le Drian’s appointment marks a potential though uncertain opening to consolidate international support for Lebanon to facilitate an end to the political gridlock and leadership vacuum. A short but timely boost in robust diplomacy on the part of Washington, strengthened by clear coordination with Paris and regional partners, can play a decisive role in preventing the unraveling of another failed authoritarian state that could further destabilize the region and force even more costly engagement in the future.
Turkey’s new economic team may take a more hawkish tone when it comes to tackling inflation and preserving financial stability through fiscal and monetary measures. However, investors and policymakers should not be naïve, as this approach will only be temporary or partial, aimed at winning the upcoming local elections.
