While U.S. President Joe Biden seems determined to reduce the U.S. footprint in the Middle East, finally embracing Washington’s long-discussed pivot to Asia, French President Emmanuel Macron is headed in the opposite direction. In recent years, Macron has made repeated trips to Lebanon, Iraq and the Gulf states, and launched a series of diplomatic initiatives in a bid to address regional crises. It is hard to think of any Western leader who has been even half as engaged as Macron across the range of high-priority issues confronting the Middle East. Macron’s recent visit to the Gulf, during which he concluded [...]
Trade
China’s “coercive economic policies” took center stage at last weekend’s G-7 foreign ministers’ meeting, after an eventful week that saw Nicaragua break off diplomatic relations with Taiwan in favor of Beijing and China upping the ante in its retaliation against Lithuania, after the Baltic country permitted a Taiwanese Representative Office to open in Vilnius last month. Nicaragua announced Friday that it would sever long-standing ties with Taiwan, further reducing the number of countries that still recognize the self-governing democracy as a sovereign nation to 14. (Honduras’ incoming president, Xiomara Castro, had made a similar pledge during her campaign, though she has [...]
As 2021 comes to a close, a wide range of commentators—including international financial organizations, regional development banks, credit agencies, consulting firms and media organizations—have begun rolling out their forecasts for the coming year’s global economic outlook. Figuring centrally in all these projections is how the global economy will recover from the stop-and-start effects of the coronavirus pandemic over the past two years. But for the approximately 1.4 billion people in Africa’s 54 countries, the overwhelming majority of whom remain unvaccinated, the question isn’t just how to build back better from a pandemic that plunged the continent into its first recession [...]