A few months ago it seemed that the Biden administration would pursue a more moderate version of Obama’s Iran strategy. Now it’s poised to make even greater concessions.
The International Monetary Fund (IMF) earlier this month released a report updating its estimate of Iran’s GDP growth in 2020 from a 4.99 percent contraction (projected in October 2020) to 1.5 percent...
The administration’s strategy for getting Iran to play ball clearly involves making upfront concessions to Tehran for nothing in return.
A new, gold-backed bank coupled with reforms could save the economy and prevent a new civil war.
This week’s escalation of tensions by Tehran looks like blackmail to force Biden to abandon sanctions—and give up leverage over the regime.
Unless appropriately bolstered, progress towards Sudan-Israel peace risks stalling or worse. History shows that steps towards peace between Israel and its Arab neighbors can collapse in the absence of sufficient traction.
In its latest assessment of Iran’s economy, released last week, the International Monetary Fund (IMF) estimated that Iran’s “readily available and controlled” gross official reserves will fall to...
Turkey and Greece, two NATO allies, nearly experienced a full-fledged military conflict in August. Two of their warships collided during a naval standoff over hydrocarbon exploration in the Eastern...
Its debt is massive, its political class corrupt, and terrorists call the shots
Anatomy of a Financial Collapse
Lebanon is unraveling. Last year’s massive public protests over the government’s failure to collect trash or provide other key services now seem like minor quibbles. The COVID-19 pandemic has...
The Iranian rial has lost 10 percent of its value over the past two weeks, and more than 30 percent since the start of the calendar year. The regime may still have sufficient hard currency reserves to end...
Although Morocco seems to have escaped the worst of the pandemic with a relatively low number of confirmed cases and deaths, the COVID-19 crisis has devastated the country’s economy. Morocco, which has...
In the democratic West, many expect there to be a post–Covid-19 reckoning. That politicians who did poorly in handling the pandemic will fall from office. There isn’t a clear understanding of what...
Albert Einstein once said that in the middle of any difficulty lies an opportunity. The COVID-19 pandemic poses enormous challenges to the Middle East, but the strategic opportunities for the United States...
Iran and Turkey have been the two countries in the Middle East hardest hit by COVID-19. Their respective epidemics – which both governments have largely mismanaged – have amplified their democratic...
The Central Bank of Iran (CBI) announced an inflation target last week of 22 percent for the current Persian calendar year, which lasts from March 2020 to March 2021. After a two-year period during which...