Monday Briefing: Saudi Arabia takes new steps to further strengthen ties to China
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.
The GCC governments still cover over 40% of the cost of domestic electricity production. Yet, electricity subsidy bills alone do not reflect the full extent of their economic losses. Once the forgone revenues from the export of natural gas and oil used to meet rising domestic energy demand are added in, the total economic cost of the GCC’s electricity is too great to ignore.
As Israel’s hardline coalition government is ramming through legislation that would radically alter the country’s political character and system of government, alarm bells are finally ringing in Washington. Even President Joe Biden has finally picked up the phone and expressed his concern to Prime Minister Benjamin Netanyahu about his anti-democratic agenda. The growing American apprehension, however, has yet to be translated into meaningful policy action.
Water resources are a key component of global sustainability, especially in light of the mounting environmental challenges posed by climate change. We asked some of MEI’s Climate and Water Program scholars to share their perspective on strategies and opportunities that could most readily alleviate the region’s water security concerns.
The painful reality is that Washington’s hastily cobbled together ethno-sectarian political system for post-2003 Iraq ended up doing the opposite of what it intended. The regional domino effect was also the opposite of what the U.S. had hoped for, as Iraq became a cautionary tale that regimes could use to undermine the democratic desires of their own populations.
The central Sahel — Burkina Faso, Mali, and Niger — is buffeted by three main forms of armed conflict that overlap and fuel each other: communal conflict, banditry, and violent extremism. These conflicts are partly rooted in a crisis of governance in rural areas, and are exacerbated by climate change, demographics, and internal and cross-border migration.
As part of a continued collaboration with the Middle East Peace and Security Forum held in Iraqi Kurdistan at the American University of Kurdistan, the Middle East Institute and the Iraq Policy Group held a workshop on Nov.15, 2022 focusing on challenges of economic diversification, energy transition, and impacts on labor markets in Iraq and the Gulf region. This report provides the insights and analyses of a select group of participants from the workshop.
In addition to the terrible human and material toll, among the many casualties of the ongoing Israeli offensive in the West Bank is Palestinian Authority (PA) President Mahmoud Abbas’s leadership. Without outside intervention, Israel’s violent military crackdown is likely to fuel more violence while further undercutting Abbas’s already embattled leadership and whatever may be left of the PA’s domestic credibility.
At present, the MENA region is a net importer of science, technology, and innovation (STI) products and a net exporter of STI talent. This was not always the case, however, as the Middle East has a rich history in science and needs to be put on a path back towards its historical zenith. An STI strategy for the region must focus on improving science education in universities, enhancing scientific research capacity, increasing financial support for R&D, and fostering regional and international scientific and educational cooperation.
While the U.S. and its NATO allies work on developing a Black Sea strategy, Washington should continue to cooperation with the Romanian Armed Forces, encourage the Romanians to build up their capabilities, and support the Romanian military’s officer corps development. In a multipolar world, solutions will need to be first and foremost regional — and in the Black Sea region, the Romanian Naval and Special Forces are a solid anchor for European stability.
As a major center for fossil-based energy production, the Middle East is key to global ESG developments. The region is currently at an early stage of ESG adoption, although holding COP27 and COP28 has provided some initial movement towards mainstreaming climate finance regulations.
This paper investigates the ongoing Libya conflict through the Enduring Disorder paradigm, focusing on the financial and banking sectors, honing in on stakeholder perceptions of the Central Bank of Libya (CBL), its transparency/opacity, and the “narrative wars” over who is to blame for, and who benefits from, Libya’s economic dysfunction, the lack of an annual budget, and the current lack of a quorum on the CBL board.
The unwinding of global food production chains due to the combined shocks of Covid-19 and the war on Ukraine, made worse by the impact of climate change on the food-water-energy nexus, will require the six nations of the western Mediterranean – Morocco, Algeria, Tunisia, Spain, France and Italy – to develop new forms of economic cooperation. An Italy–Morocco partnership on green energy food production can be a model for resilient food production chains.
The next few decades will be crucial for Iraq and the KRG as global changes reshape the energy sector. The push for sustainable development, the Paris Agreement climate goals, and associated efforts in areas like renewable energy, climate change, and environmental protection will bring about a transition across the sector, affecting everything from employment and working patterns to governance.
On Dec. 25, 2022, Algerian President Abdelmadjid Tebboune signed the 2023 budget bill into law. The new finance law lays out unprecedented government spending of $98 billion, the largest state budget in Algeria’s history and a 25% increase from 2022 levels. It also provides clear insight into the authorities’ vision for the future and potential scenarios for Algeria’s direction on the economy and international relations.