One sided and incomplete, Yemen’s truce faces implementation hurdles as extension deadline nears
The U.N.-sponsored truce of April 2022 is the longest pause in fighting Yemen has experienced since the Houthi armed rebellion broke out in September 2014 and the Saudi-led coalition forces intervened six months later. But although there is strong external interest in both extending and expanding the truce given the scale of turmoil in the global arena, credible progress remains lacking, while serious obstacles persist.
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.
As Turkey’s economic woes worsen, a new currency crisis is approaching
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.
Pensions, sovereign wealth funds, and industrial policy in the Gulf: A look at fund consolidation
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.
Crown Prince Mohammed bin Salman has surrounded himself with those who would indulge him and pose little threat. His circle comprises younger, less experienced but presumably loyal princes in key ministerial positions as well as a few select, savvy, experienced older half-brothers and uncles loyal to his father. There are also several notable royal holdovers from smaller family branches, the odd competent technocrat, and a cadre of minions from across the military and security agencies.
Despite U.S. President Joe Biden’s meandering efforts to explain his about-face on Saudi Arabia—visiting the country this week after having dubbed it a “pariah” on the campaign trail—there remains much apprehension about his trip on both ends of the political spectrum. Progressives and human rights advocates worry the president will sacrifice U.S. values for short-term Faustian bargains in an attempt to secure cheap oil and expand Arab-Israeli normalization. Republicans and realists, who favor an interest-driven approach to foreign policy, aren’t sure there is enough to be gained by Washington on these fronts to justify a presidential visit.
Industry analysts widely agree that OPEC+ production levels are currently well below the members’ authorized quotas and that any production increases will mainly be met by Saudi Arabia and the UAE. The challenges facing the group are daunting, but if met, seven major OPEC countries could feasibly raise crude oil production while utilizing existing infrastructure, significantly narrowing the global demand-supply gap.
Mid-term election success will tempt the American president to go for quick wins, but he must enter into talks with an eye on the global demand for energy
When gaming out the country’s likely political trajectory, most fellow Saudi watchers I know agree that the likelihood of the kingdom imploding is slight, but were that to come to pass, the consequences for the U.S. and the rest of the world would be enormous. Yet Saudi Arabia has managed to negotiate several turbulent events in its recent history with a rather remarkable lack of destabilization. And it’s most likely to continue along that trend, even in the face of what could be more storms to come.
Erdoğan’s opportunism in the wake of the Russia-Ukraine war
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.
How Iran sees Turkey’s plan for a new military operation in Syria
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.
حزب الله الحجاز: جماعة شيعية سعودية يكتنفها الغموض
تهدف هذه الورقة البحثية إلى مقاربة النفوذ الإيراني داخل المجتمع الشيعي في السعودية من خلال التركيز على أتباع مرجعية المرشد الأعلى والمعروفين بـ “خط الإمام” والجناح العسكري المنسوب للتيار والمعروف دوليًا بـ “حزب الله الحجاز” أو “حزب الله السعودي” والذي تتوجه له أصابع الاتهام بتنفيذ تفجير الخبر ١٩٩٦.
