... differences may fade into the background. In any case, Iran has a chance to take advantage of the situation. Such a development of events precludes the formation of a coalition among countries under sanctions, which theoretically could include China, Russia, Iran and Venezuela. China will cooperate with all three, but not to the detriment of relations with the West.
All in all, the new stage of the Ukrainian crisis will have global consequences. For some, it will bring short and medium-term costs, and very significant ...
... exceptions [
vi
]. In the United States, Democratic candidate Joe Biden spoke about this as well [
vii
]. The US administration promptly released a list of exceptions to its sanctions, many of which were in place long before the pandemic. They concern Iran, Syria, Cuba, North Korea, Venezuela and Russia [
viii
]. A joint US-Swiss relief supply channel for Iran has become operational [
ix
]. We saw the first transactions based on INSTEX, a long-awaited channel for humanitarian transactions with Iran created by Great Britain, France ...
... from geopolitical tensions, the threat of a spiralling trade war between the US and China, and an array of sanctions the US is actively imposing on several countries. Curiously, these countries include China’s major suppliers of hydrocarbons: Russia, Iran, Venezuela and Libya. All these circumstances create risks for China in endeavouring to meet its development goals.
US–China Trade War
Since, in early May 2019, the US embarked on rigorously implementing its threats in the escalating trade war against ...
... religion and others who are no longer followers but hold true to their cultural roots in the former Ottoman Empire and the Levant and the North African littoral (Maghreb) and Egypt. Some businessmen and government officials of Middle Eastern heritage in Venezuela started pushing for an OPEC organization to countervail the U.S. dominated “Seven Sisters” oil cartel as early as 1949, as did Iran.
By the time a “third generation” of the BRICS replaces the second one will the organization have in place a tenable menu of strategic coordination options to accommodate and mediate the interests of Islam and Islamists? Should it? ...