Eurasia

Iraq’s Dollar Auction: The ‘Monster’ Funneling Billions to Fraudsters and Militants Through the U.S. Federal Reserve

A system set up to channel dollars from Iraqi oil sales to importers has been exploited by money launderers and militant groups for years. An OCCRP investigation shows how the fraud works in practice. Key Findings Al-Huda, an Iraqi bank whose owner was sanctioned after a drone attack on U.S. …

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On the Ground With Lebanon’s Displaced Population

Israel has created a humanitarian crisis for over 2 million people, but communities have stepped up to help … for now. As the conflict in Lebanon has intensified, a large number of people, mostly from the Shiite community, have been forced out of their villages, towns, or neighborhoods. Some 2.1 …

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Turkey Supports Russia and Hamas; The US Should Not Give It F-35 Fighter Jets

Recent discussions between Turkey and the United States indicate that the Biden administration is actively pursuing Ankara’s reinstatement in the F-35 program. It is difficult to justify why Washington would want to arm Turkey with these highly advanced fighter jets, when Turkish President Recep Tayyip Erdogan takes fervent measures to …

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Understanding Gaza: Lessons for the “day after” and beyond

On Oct. 7, 2023, Hamas and other Gaza-based Palestinian armed groups launched a surprise attack on Israel’s southern border communities, killing 1,200 people and taking 251 hostages. In response, Israel retaliated by imposing a total closure of the territory and launching a massive air, sea, and land military campaign that, …

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Washington must make sure this is the last war between Israel and Lebanon

The assassination of Hezbollah’s secretary-general, Hassan Nasrallah, marks an inflection point that will redefine the security landscape of the Middle East. His deputy, Naim Qassem, has pledged “continued resistance,” claiming Hezbollah was steadfast and will not retreat, while Israel has pressed ahead with a ground invasion of southern Lebanon. The …

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The extraordinary risk of targeting regional energy assets

For nearly a year, the ongoing regional conflict, which started as a war between Israel and Hamas, seemed to contradict the old formula long thought to be one of the few certainties in global petroleum markets: that “war + Middle East = high oil prices.” While the conflict has taken …

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Understanding Nasrallah’s speech: How will Hezbollah avenge Shukr?

Hezbollah Secretary-General Hassan Nasrallah spoke for the second time in seven days on August 6, commemorating one week since the assassination of the group’s military commander Fuad Shukr by Israel on July 30. Uncharacteristically calm, Nasrallah devoted much of his speech to covering the Lebanese group’s weaknesses exposed by the …

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Spotlight on Iran and the Shiite Axis

On October 1, 2024, the IRGC fired about 200 ballistic missiles at Israel in response to the killing of Ismail Haniyeh in Tehran, and Hassan Nasrallah and a senior IRGC officer in an Israeli airstrike in Beirut. Most of the missiles were intercepted by the Israeli Air Force and air …

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BRICS Expansion, the G20, and the Future of World Order

With the addition of new members in BRICS+, the group of emerging powers will be more globally representative­—but also face more internal divisions. This month, Russian President Vladimir Putin will host the first-ever summit of BRICS+ from October 22 to 24 in the Tatarstan city of Kazan. There, the founding …

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Destruction of Gaza heritage sites aims to erase – and replace – Palestine’s history

In 2016, British photographer James Morris published Time and Remains of Palestine. The images in this book bear witness to an absence of architectural monuments, and to the invisible moments of history buried in the rubble and wastelands of Palestine. Situated at the crossroads between Asia and Africa, Palestine has …

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