US-Gulf Relations at the Crossroads: Time for a Recalibration
The global response to Russia’s invasion of Ukraine has focused new attention on friction between the United States and its traditional partners in the Gulf and reinforced skepticism regarding the United States’ status as the dominant international partner in the region. It’s time for both sides to identify a realistic way forward that sheds outdated notions of mutual obligation without becoming merely transactional.
How Biden can rebuild U.S. ties with the Gulf states
As tensions between the United States and the Gulf monarchies have been laid bare in recent weeks against the backdrop of Russia’s war in Ukraine, spiraling energy prices, and Houthi attacks on Saudi and Emirati territory, it’s clear that there will not be a return to the U.S.-Gulf partnership of the past—but there can be a new understanding between the two sides.
Iraq has refrained from taking a firm position on the war and political opinion on Russia’s conduct is divided along partisan and factional lines. The imposition of sanctions against Russia has complicated its energy investments in Iraq and prospective arms purchases from Moscow and could have a long-lasting adverse impact on the Iraqi economy.
Gulf oil producers feel vindicated, but don’t expect them to turn on Russia
The war in Ukraine has brought back to the forefront the conversation about the need for new investments in oil and gas for the foreseeable future. As the calls multiply for Gulf producers to step in and fill the gap in gas and oil supplies as Russia faces sanctions, producers now feel vindicated after being shunned, and even targeted, at the COP26 in Glasgow last year.
The Russia-Ukraine war might finally bring about a rise in Egypt’s bread prices
As the price of wheat has shot up following the Russian invasion of Ukraine, so too has the cost of Egypt’s bread subsidies, raising questions over their sustainability and potentially opening the door for an increase in the price of subsidized bread for the first time in decades.
How will the war in Ukraine affect EU-MENA relations?
While most analyses of the war in Ukraine have tended to focus on the intra-European dimension, it is worth exploring the potential consequences of this conflict for the EU’s relations with countries further afield, especially those in the Middle East and North Africa.
على مدى العقد الماضي، أحرز المغرب تقدمًا كبيرًا على مستوى مؤشر ممارسة الأعمال العالمي (دوين بيزنس)، حيث قفز من المرتبة 130 في عام 2009 إلى المرتبة 53 في عام 2020. رغم تلك الإصلاحات، لم يؤدي تحسن ترتيب المغرب على مستوى مؤشر مناخ الأعمال إلى تحسن اقتصادي كبير.
The Ukraine war has upended Turkey’s plans to stabilize the economy
The war in Ukraine couldn’t have come at a worse time for the Turkish economy. Amid the country’s ongoing economic crisis, the government has been implementing extraordinary and unconventional monetary and fiscal policies.
Li-Chen Sim on the China-Russia relationship and its impact on the Middle East
Li-Chen Sim, a non-resident scholar with MEI’s Economics and Energy program, discusses the findings of her recent publication, “Great power projection in the Middle East: The China-Russia relationship as a force multiplier,” co-authored with Jonathan Fulton.
The Moroccan economy through the Doing Business Index
Over the past decade, Morocco made great progress in climbing up the global Doing Business Index (DBI), jumping from the rank of 130 in 2009 to 53 in 2020. Yet, Morocco’s improved DBI ranking did not correlate with significant economic improvement.
War in Ukraine and drought at home: A perfect storm in the Maghreb
This year was already expected to pose challenges for Morocco, Algeria, and Tunisia. Inflationary pressures have been driving up the price of goods since the fourth quarter of 2021. Persistent unemployment, worsened by the COVID-19 pandemic, aggravated social discontent. Now, as winter turns to spring, socio-economic stability in the Maghreb is being imperiled by the conflict in Ukraine and insufficient rainfall at home.
In two months, Lebanon is scheduled to hold parliamentary elections in the midst of a continuing economic meltdown and total failure of governance. The outcome of the vote is likely to be disappointing for anyone expecting to elect new leaders capable of reforming Lebanon.
As global attention shifts further away from Afghanistan to Ukraine and elsewhere, time is running out to change course before the country’s freefall under the Taliban becomes irreversible. The international community needs a two-pronged, interlinked approach to normalize the economy and stabilize the political scene.
Lebanon is running out of time to avert starvation
As Russia’s two-week-old war against Ukraine has brought Lebanon’s wheat imports from the besieged Black Sea nation to a complete standstill, the government in Beirut is racing against the clock to avert a catastrophic food crisis.
