Europe’s contradictions exposed by Middle East crises
We keep hearing that the enemy of my enemy is my friend. However, thinking that the enemy of my enemy is also my enemy, but one that might also be a temporary friend, would perhaps be more appropriate when it comes to the situation in the Middle East, North Africa and Caucasus. As crises pile up from Libya to Azerbaijan with the same powers involved — namely Russia, Turkey and Iran — temporary and unstable might be the best way to describe the EU’s foreign policy. It is superficially mimicking the US’ notorious superpower unpredictability, while actually showing division and weakness.Thus, it ...
No more crises in Oyo APC, my ambition to rule the state still alive – Adelabu
Governorship candidate of All Progressives Congress (APC) in Oyo State in the 2019 general election, Adebayo Adelabu has said that there was no more crises in the party after the aggrieved parties have been reconciled, paving the way for early preparation ahead of 2023 general election.While saying the move was to better position the party for the 2023 election, Adelabu added that “as it is today, there is no leadership crisis in the APC in the state. I am part of the reconciliation process, from the meeting held in the house of Governor Adebayo Alao-Akala, to the Abuja meeting and the last on...
UN's role in spotlight amid crises
Lebanon faces deep economic, social and financial crises, says Moody’s
Dubai: Lebanon’s credit profile reflects deep economic, social and financial crises and the country has very weak institutions to address them, credit rating agency Moody’s said in its annual credit analysis of the country.Main credit weaknesses include the challenging economic, social and financial environment; currency collapse in the parallel market and surging inflation drive an unstable macroeconomic environment.Analysts said that without steps towards economic and fiscal reform, official external funding support to accompany debt restructuring will not be easily available; bondholder los...
Comparing COVID-19 with previous national crises such as Vietnam War, Spanish flu: Historians weigh in on the similarities and differences
Already, COVID-19 has killed more people than World War I and Vietnam — combined.Coronavirus has pushed the unemployment rate to levels not seen since the Great Depression.A national poll shows historic levels of unhappiness.Six months into the COVID-19 pandemic, there’s little question that the virus many of us hadn’t even heard of in January has upended American life, but just how bad is the damage? A half-dozen experts had a wide range of answers, with several saying that COVID-19 is in the same league as national crises such as the 1918 Spanish flu pandemic, the Great Depression of the 193...
CARIBBEAN-HEALTH-Deep inequalities worsen Latin America and Caribbean vulnerabilities to crises
A new report by the Inter-American Development Bank (IDB) has found that Latin America and the Caribbean is especially vulnerable to the impacts of the coronavirus (COVID-19) because inequality is both deep and spread out over multiple dimensions, from race and gender to unequal access to education, health and other services.The report titled “The Inequality Crisis: Latin America and the Caribbean at the Crossroad” is an unprecedented examination of the root causes of the region’s persistent underperformance in the distribution of income, well-being and opportunities.It takes into account not ...
Will the Arabs save Netanyahu’s political life?
Israeli Prime Minister Benjamin Netanyahu faces a number of crises. On a personal level, the most serious are the corruption charges against him. If found guilty, he will be out of office, labelled as a corrupt prime minister and possibly even imprisoned.He believes that he can escape this fate by juggling the officials in charge of his trial, and changing the law to protect himself. To do this, he needs an absolute right-wing majority, with just a small push required to boost his popularity and achieve a political victory. Ironically, this push might come from the Arabs. If it is not enough, ...
The Middle East Monitor
US government faces insurmountable crises of its own making
Illustration: Chen Xia/GTFacing a multitude of intensifying crises, the current US government isn't looking for solutions to dissolve its difficulties, choosing instead to escalate economic and political tensions with China, as if all the problems embroiling America could be fixed by playing the "China-Bashing" card. The paranoid is getting thicker.During the just-concluded Republican Party national convention, Donald Trump was once again nominated to seek reelection. In his acceptance speech, he didn't have much to say about his measures to contain the ongoing COVID-19 health crisis - he does...
Amid coronavirus-fueled crises, the government remains dysfunctional
The weekly cabinet meeting did not take place yesterday. And that is worthy of comment. This is the fourth week in a row that the government has not even been able to agree about having the meeting. In other words, it is dysfunctional – and is not even going through the motions.This would be very bad news at any time, let alone in the current situation. The coronavirus figures continue to rise; the country’s children are meant to return to kindergartens and schools tomorrow, with the health, financial and logistical challenges that involves; the government barely agreed to disagree on a budget...
Jpost.com - The Jerusalem Post online edition
Confident Taiwan moves ahead
In light of the severe health and economic crises the world is facing today, countries that manage to maintain internal stability will be the ones best positioned to survive and thrive faster than others.Taiwan is a good example in this case. The island nation is moving forward even as other Asian nations are scrambling to deal with domestic issues including the coronavirus outbreak. President Tsai Ing-wen seized an opportunity last Wednesday when she announced that Taiwan would further liberalise its economy and offer more financing products, aiming to become an Asian financial and asset mana...
The Bangkok Post