Eurasia Press & News

Israel was the first country in the Middle East to recognize the People Republic of China (PRC), in 1950. Although the two states did not normalize their relations until 1992,[1] since then the bilateral relationship has developed extensively, especially in the economic sphere.[2] As Yellinek has established, “Starting in the early …

The December 2020 Moroccan-Israeli normalization deal has evolved from a vehicle enabling Morocco to gain long-sought U.S. recognition of its claims on Western Sahara to a broader strategic partnership with Israel. Geopolitically, the relationship provides clear benefits to both sides: for Morocco overt access to Israeli security and military cooperation, …

On Oct. 31, local units previously affiliated with the Free Syrian Army (FSA) launched a large-scale military operation against the al-Hafo-Harfoush group in the southern Syrian city of Daraa al-Balad. The units responsible for carrying out the operation in the Tariq al-Sad and al-Mukhayyam neighborhoods had chosen to remain in …

In a move that reflects both the increasing ties between Moscow and Tehran and the difficulties both countries have in shipping via the Caucasus land bridge given instability and political changes there, the two governments have announced plans to open trade on the Caspian Sea between Astrakhan in Russia and …

The splendour of Chinese President Xi Jinping’s crowning moment where he wangled a third term during the 20th National Congress of the Chinese Communist Party (CCP) and the rising protests by demonstrators calling an end to his signature zero-COVIDstrategy and even seeking his ouster are a study in contrast. As Xi commences his third term in …

West Texas Intermediate (WTI) and Brent crude futures were volatile during the holiday-shortened trading week amid plans to impose a price cap on Russian oil. The policy is poised to go into effect on Dec. 5 when the European Union establishes a boycott on nearly all of Moscow’s petroleum products. …

The yearly growth rate of the Consumer Price Index (CPI) fell to 7.7 percent in October from 8.2 percent in September. Note that in October 2021 the yearly growth rate stood at 6.2 percent. Some experts are of the view that it is quite likely that the momentum of the …

Last week, Azerbaijani President Ilham Alliyev told the ‘Along the Middle Corridor’ Conference that “we will do everything possible to defend our way our life as well as the secular direction of the development of Azerbaijan and of Azerbaijanis, including Azerbaijanis living in Iran. They are part of our nation” …

Turkish President Recep Tayyip Erdogan has signaled his intent to soon launch the ground phase of Operation Claw-Sword, a military operation designed to clear areas along Turkey’s southern borders of fighters from affiliates of the Kurdistan Workers’ Party or PKK, which the United States lists as a terrorist organization. A …

IntroductionRussia’s economy has demonstrated impressive resilience in the face of Western sanctions, so far. Forecasts of gross domestic product (GDP) downturn have been consistently revised on the upside, and inflation, though high, is lower than in Italy and in line with global trends. This resilience stands in stark contrast to …