The Italian political theorist Antonio Gramsci presciently observed: “The crisis consists precisely in the fact that the old is dying and the new cannot be born; in this interregnum a great variety of morbid symptoms appear.” This period that we live in is arguably shaped by three elements: two moribund …
Read More »U.S. Dollar Losing Reserve Status At Stunning Pace, Says Eurizon CEO
Western sanctions against Russia have accelerated the move away from the U.S. dollar worldwide, Stephen Jen, the CEO of London-based asset management company Eurizon, warned on Tuesday. The dollar’s share in global reserves fell ten times faster last year than over the past two decades, Jen said, as cited by …
Read More »The Greenback’s Reign Is Secure For Now – Analysis
Recent US Dollar weakening against other developed market and emerging market currencies coupled with announced plan of BRICS economies to create a new global currency have fueled concerns about the decline of the greenback as the pre-eminent global currency. All the while there are ominous signs of the weakening of …
Read More »Crisis Group’s Impact Highlights: September 2022 to February 2023
Crisis Group’s work preventing conflict and shaping peace has a positive influence on crises around the globe. This Impact Note highlights cases in Afghanistan, Colombia, Ethiopia, Mali, Nagorno-Karabakh, the U.S. and Yemen, as well as our advocacy at the EU and UN and our research on climate and conflict in …
Read More »The New Generation of Palestinian Armed Groups: A Paper Tiger?
Young Palestinians have formed new armed groups across the West Bank. Small, disjointed and scattered, they lack a clear political agenda. But both Israel and the Palestinian Authority have found reason to exaggerate the threat they pose to the status quo. In the past couple of years, a new generation …
Read More »The Impact of the Saudi-Iranian Rapprochement on Middle East Conflicts
On 10 March, Saudi Arabia and Iran agreed to restore diplomatic relations as part of a Chinese-sponsored initiative that appears aimed at reducing tensions across the Middle East. Crisis Group experts offer a 360-degree view of the implications for the region’s many flashpoints. On 10 March, representatives of Iran and …
Read More »Germany And Nord Stream Sabotage: Victim Or Confidant? – Analysis
So far, Germany has been the blind spot in discussions over the Nord Stream sabotage. The economic disadvantages to the world’s fourth-largest economy from blasting the pipeline are too great. Of course, no one will seriously assume that the traffic-light coalition in Berlin stands behind the attack. However, the outwardly …
Read More »Trivić, Dodik, Stanivuković – Who is Vučić playing in Republika Srpska?
In the political public of Serbia and Republika Srpska, there is speculation that Aleksandar Vučić and people close to the Serbian Progressive Party have begun to support Jelena Trivić, an opposition politician who entered the formation of an option whose name is irresistibly reminiscent of Vučić’s People’s Movement for the …
Read More »AUKUS Warms Up The Taiwan Straits – Analysis
Australia, the United Kingdom, and the United States (AUKUS) laid out the sail plan for Canberra’s $368 billion, multiyear program to acquire its own nuclear-powered submarine (SSN) fleet. It is Australia’s biggest defense buildup since the end of World War II and will induct it to an elite club of …
Read More »Assertive (Dis)unity: Assessing Macron And Von Der Leyen’s Visit To China – Analysis
President Emmanuel Macron’s visit to China, along with the EU Commission President Ursula von der Leyen, comes after years of spiralling relations with Beijing over issues including blocked investment agreements, human rights violations, market access disagreements, and Beijing’s reluctance to condemn Russia over its actions in Ukraine. The joint visit …
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