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Geoeconomics

EUROPE

NORD STREAM 2:

  • The White House is in talks to appoint a special envoy to lead negotiations on halting the construction of Russia-to-Germany gas pipeline Nord Stream 2, as Washington looks for ways to hinder completion of the pipe set to deliver Russian gas to Europe bypassing Ukraine. The potential appointment of an envoy indicates a new strategic focus by the administration.

SOURCE: UNIAN


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GLOBAL GEOPOLITICAL NEWS: January 2021, from Monday 4 to Sunday 10

January 2021

From Monday 4 to Sunday 10

 

MAIN TOPICS:

  • CONFLICTS
  • ALLIANCES
  • STRATEGIC RESOURCES
  • INFRASTRUCTURE PROJECTS
  • ANTI-GOVERNMENT PROTESTS
  • TERRORISM

ASIA PACIFIC:

Sino-Federation

HONG KONG: The Chinese mission to the European Union (EU) stressed that Hong Kong police’s recent arrests of activists suspected of subversion are China’s internal affairs, which the EU side has no right to interfere in. The EU urged authorities to respect Hong Kong’s rule of law and democratic principles and called for the immediate release of those arrested.

SOURCE: CGTN

CHINA-TAIWAN: China firmly opposed to the U.S. decision to hold a so-called “political-military dialogue” with Taiwan authorities. The U.S. State Department announced it planned to hold a conference with Taiwan authorities to discuss regional developments, Taiwan-U.S. military cooperation, and arms sales.

SOURCE: CGTN

CHINA: Foreign reporting has China’s BRI being buffeted by geopolitical backlash, excessive debt that needs to be restructured, weak projects, environmental challenges, and various scandals. On the contrary, China´s government assured that “no matter how the global situation changes,” China’s determination to promote BRI international cooperation has not changed. They added that the next stage will feature the Digital Silk Road as a priority.

SOURCE: CGTN


EURASIA:

Eurasia_(orthographic_projection).svg

USA-RUSSIA: US Navy is eyeing a tougher posture in the Arctic to push back against Moscow, and top Pentagon officials said that the U.S. could launch “freedom of navigation” operations near Russia’s Arctic coastline. Such operations would resemble Navy exercises in the South China Sea, an area in which American ships regularly contest growing Chinese territorial claims.

SOURCE: WASHINGTON POST

IRAN-TURKEY-RUSSIA: Iran, Turkey, and Russia are cooperating with one another against the influence and presence of the US in the region, Jerusalem Post wrote. “Libya and Syria as examples where the United States’ reduced involvement has been replaced with those of Turkey and Russia.

SOURCE: MEHR NEWS


SOUTH ASIA:

South_Asia_UN_(orthographic_projection).svg

IRAN: Iran’s Revolutionary Guard announced the opening of a new missile base along the Arabian Gulf.  The reported opening came a day after Gen Salami “warned the enemies of Iran against making the slightest mistake” in the Arabian Gulf region.

SOURCE: THE NATIONAL NEWS

AFGHANISTAN: Separate attacks in Afghanistan left at least 23 civilians and security forces dead, even as Afghan negotiators were in Qatar to resume talks with the Taliban aimed at finding an end to decades of conflict. No one immediately claimed responsibility for either attack.

SOURCE: GULF TODAY

AFGHANISTAN: The United States has directly accused the Taliban of being behind a recent wave of high-profile assassinations in Afghanistan, urging the insurgent group to stop the violence “for peace to succeed.” Charges came hours after the Taliban accused U.S. forces of launching airstrikes against insurgent-held areas in violation of their 2020 bilateral agreement aimed at ending the long-running Afghan war.

SOURCE: VOA NEWS


MIDDLE EAST:

Middle_East_(orthographic_projection)

SUDAN-ISRAEL: Sudan signed with United States the “Abraham Accords” deal to normalise relations with Israel. The signing came after United States President Donald Trump announced it in October. Sudan signed the deal despite the move being rejected by its political parties when it was first announced in October last year.

SOURCE: AL JAZEERA

QATAR-NEIGHBORS: Leaders of Iraq, Lebanon, and Libya hail reconciliation between Qatar and its neighbors, after years of feud. Meanwhile, the leaders of the GCC countries as well as Egypt they signed a document that affirmed unity and joint cooperation between their nations.

SOURCE: YENISAFAK

IRAN: South Korea sends warship to Gulf after Iran seizes oil tanker. On Monday, Iran had seized a South Korean-registered tanker, in Gulf waters, as tensions mounted between the two countries over Iranian funds frozen in South Korean banks due to US sanctions.

SOURCE: MIDDLE EAST EYE

SAUDI ARABIA-QATAR: Saudi Arabia opened its borders with Qatar for the first time in three years, a leap toward easing a dispute that split the energy-producing region and complicated US efforts to isolate Iran. The steps were pushed through as President Donald Trump prepares to leave office and his successor, Joe Biden, vows to renew diplomacy with Tehran.

SOURCE: HINDUSTAN TIMES

EU-IRAN: The European Commission said it regretted that Iran has resumed 20% uranium enrichment at an underground nuclear facility, breaching a 2015 nuclear pact. The move is the latest Iranian contravention of the accord, which it started violating in 2019 in response to Washington’s withdrawal from the agreement in 2018 and the re-imposition of U.S. sanctions that had been lifted under the deal.

SOURCE: REUTERS

ISRAEL-GREECE: Israel and Greece sign biggest defense agreement, reflecting the excellent and developing relations between Israel and Greece, and a long term partnership that will serve the interests of both countries, according to Israel government.

SOURCE: DEFENCE BLOG

YEMEN: Several explosions rocked Yemen’s Aden airport as new power-sharing government officials arrived from Saudi Arabia. The bombs killed roughly 22 people and injured dozens more. Saudi Arabia jumped to place blame on the Iran-backed Houthi rebels, however, the group has not claimed responsibility as of late.

SOURCE: ODA LOOP


EUROPE:

1200px-Europe_orthographic_Caucasus_Urals_boundary_(with_borders).svg

POLAND: Poland sees threat as Russia reinforces its Baltic Fleet stationed in Kaliningrad. Russia claims that it has strengthened its forces in the region with new ships, tanks and missiles due to increased NATO presence in the Baltic States

SOURCE: REMIX NEWS

TRANS ADRIATIC GAS PIPELINE: Azerbaijani gas has reached Italy through the Trans Adriatic Gas Pipeline (TAP). TAP transports natural gas from the Shah Deniz field in the Azerbaijan sector of the Caspian Sea to Europe. The project played a significant role in Europe’s energy security and diversification.

SOURCE: ANADOLU AGENCY

TURKSTREAM PIPELINE: Russian energy giant Gazprom has begun delivering natural gas to Serbia and Bosnia and Herzegovina through the TurkStream pipeline and a new route crossing Turkey and Bulgaria. With the addition of Serbia and Bosnia and Herzegovina, a total of six European countries are now receiving Russian gas supplies via the TurkStream pipeline.

SOURCE: OFF SHORE ENERGY

NORD STREAM 2: The German state of Mecklenburg-Vorpommern plans to set up a foundation to help the completion of the Nord Stream 2 (NS2) pipeline to bring Russian gas to Germany and to fend off the threat of increased U.S. sanctions that halted work last year. It will be far harder for the United States to target a state-backed foundation with measures such as freezing funds.

SOURCE: REUTERS


AFRICA:

1200px-Africa_(orthographic_projection).svg

EGYPT: ExxonMobil Egypt in partnership with Tharwa Petroleum Company signed a new agreement with the state-run Egyptian Natural Gas Holding Company (EGAS). The agreement enhances the research and exploration activities of Exxon in Egypt and the Eastern Mediterranean region.

SOURCE: AMWAL AL GHAD

MOZAMBIQUE: French oil and gas multinational Total has evacuated employees from a major gas site in northern Mozambique after a string of jihadist attacks nearby. In recent weeks there have been intensifying attacks near the gas site on the Afungi peninsula, home to the 16.5 billion-euro ($20 billion) project.

SOURCE: ALL AFRICA

CONGO: China cancels Democratic Republic of Congo loans as it joins belt and road. Beijing writes off US$28 million in matured loans and pledges US$17 million of support in a country where Chinese firms already dominate mining sector.

SOURCE: SOUTH CHINA MORNING POST


SOUTH AMERICA:

1200px-South_America_(orthographic_projection).svg

VENEZUELA: Russia announced that country will cooperate closely with the new National Assembly of Venezuela. The statement came a day after the inauguration of the new lawmakers who were elected on December 6, 2020, when the forces of the Left, led by the Simon Bolivar Great Patriotic Pole, achieved 91 percent of the parliamentary seats. The European Union, the U.S., and Canada have so far refused to recognize the election results.

SOURCE: TELESUR

VENEZUELA: The European Union will continue working with Venezuelan opposition leader Juan Guaido, the European Commission’s chief foreign affairs spokesman said. The EU expressed regret that the new Venezuelan national assembly assumed its mandate on the basis of non-democratic elections.

SOURCE: YENISAFAK


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EUROPE:

NORD STREAM 2:

  • Russia accelerates Nord Stream 2 pipeline project before the U.S. tightens sanctions against the controversial project designed to feed more natural gas into Germany. The U.S. is maneuvering to tighten sanctions, extending penalties to companies that provide technical certification and insurance for the work. The U.S. maintains that Nord Stream 2 gives Russia too much leverage over Europe and that American liquefied natural gas supplies are a better alternative.

SOURCE: WORLD OIL


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GLOBAL GEOPOLITICAL NEWS: December 2020, from Monday 14 to Friday 18

December 2020

from Monday 14 to Friday 18

 

MAIN TOPICS:

  • Conflicts
  • Alliances
  • Strategic Resources
  • Infrastructure Projects
  • Anti-government Protests
  • Terrorism

EUROPE:

1200px-Europe_orthographic_Caucasus_Urals_boundary_(with_borders).svg
http://www.wikipedia.org
  • TURKEY: US imposed sanctions on Turkey over its purchase of a Russian air defence system, setting the stage for a further confrontation between the two nations as President-elect Joe Biden prepares to take office. The move comes at a delicate time in relations between Washington and Ankara, over Turkey’s acquisition from Russia of the S-400 missile defence system, along with Turkish actions in Syria, the conflict between Armenia and Azerbaijan and in the eastern Mediterranean.

SOURCE: AL JAZEERA

  • MEDITERRANEAN: The US accused Russia of working to destabilize the Mediterranean region, pointing to a series of actions from Libya to Syria. Secretary of State Mike Pompeo said Moscow “continues to threaten Mediterranean stability using a variety of techniques to spread disinformation, undermine national sovereignty, and sow chaos, conflict, and division within countries throughout the region.”

SOURCE: ANADOLU AGENCY

  • MEDITERRANEAN: The United States confirmed is backing the construction of a subsea pipeline that would supply Europe with natural gas from the eastern Mediterranean, and help Europe diversify its energy resources away from Russia, an objective strongly supported by Washington. They are going to work with Israel, Greece and other interested countries.

SOURCE: UK REUTERS

  • GREAT BRITAIN: UK Chief of the Defense Staff warned that Russia assembled 10 or so warships and combat aircraft from the northern Baltic and Black Sea fleets in a show of force in the waters off the British and Irish coasts, in a way not seen since the Cold War.

SOURCE: IRISH HEXAMINER

  • RUSSIA: The European Union formally prolonged for six months economic sanctions against Russia over the country’s failure to live up to commitments to the peace agreement in Ukraine. The measures target Russia’s financial, energy and defense sectors, as well as goods that can be used for both civilian and military purposes.

SOURCE: AL ARABIYA NET

  • SWEDEN: Sweden has announced a sweeping rearmament project that will see its defense budget skyrocket over the next few years. The military spending boost was triggered by “the actions of the Russian side”. Russian Foreign Ministry has stated in response to Sweden’s initiative that the country’s “anti-Russian phobias” are “a result of pressure on Stockholm from the outside”, in particular from NATO.

SOURCE: SPUTNIK

  • BELARUS: The European Union has brought in fresh sanctions against senior figures in Belarus, including Deputy Prime Minister Anatoli Sivak, accused of politically motivated actions against peaceful protestors following August’s election.

SOURCE: POLITICO

  • BULGARIA: Since July, Bulgarians have been protesting government corruption and demanding its resignation almost daily. Some experts assured the anti-government protests in Bulgaria are likely to continue, despite a new pandemic lockdown.

SOURCE: THE WASHINGTON POST

  • CZECH REPUBLIC: The activity of Chinese intelligence in the Czech Republic is becoming increasingly visible, according to the Czech Security Information Service, that highlights that Czech Republic has been a target of cyber activities conducted by groups related to China, and that Chinese intelligence officers used social media, to find ways to influence public opinion, and present a positive image of the PRC.

SOURCE: WARSAW INSTITUTE

MIDDLE EAST:

Middle_East_(orthographic_projection)
http://www.wikipedia.org
  • ISRAEL: Israel has approved the construction of thousands of illegal settlement units in the occupied West Bank, on Palestinian land. According to the PLO, several indicators on the ground show that Israel is going ahead with its annexation plan even though it had announced that it had been postponed.

SOURCE: MIDDLE EAST MONITOR

  • SAUDI ARABIA/QATAR: The media started hyping the possibility of reconciliation between Qatar and Saudi Arabia after US visited Riyadh and Doha at the end of last month. Saudi Arabia cut their relations with Qatar in June 2017 after it failed to commit to a previous agreement stipulating that it stop supporting terrorist groups and refrain from interfering in the internal affairs of its neighbours.

SOURCE: AHRAM ORG

  • SAUDI ARABIA: A ship was hit by an explosion at the Saudi Arabian port of Jeddah. The incident comes just three weeks after an oil tanker was damaged at the Saudi terminal of Shuqaiq and Yemen’s Houthi rebels claimed a missile strike on a Saudi Aramco fuel depot in Jeddah. Tensions in the area have risen as the U.S., a Saudi ally, ramps up sanctions on Iran, which backs the Houthis in Yemen’s civil war.

SOURCE: WORLD OIL

  • IRAQ: Two oil wells of the Iraqi North Oil Company and the national oil companies in Iraq’s Kirkuk province were set ablaze by Islamic State (IS) terrorists. Iraq’s oil installations and pipelines have been frequently attacked by extremist IS militants despite the improvement of the security situation in the country after the government declared the full defeat of terror group throughout the country late in 2017.

SOURCE: ASIAN LITE

  • TURKEY-IRAQ: Turkey and Iraq agreed to continue fighting terrorists trying to disrupt stability in their common region, the Turkish president announced. Erdoğan said terror groups such as Daesh as well as the PKK and FETÖ, were “common enemies” of both sides and underlined that separatist terrorist aims had no future in Turkey, Iraq or Syria.

SOURCE: HURRIYET DAILY NEWS

 

AFRICA:

1200px-Africa_(orthographic_projection).svg
http://www.wikipedia.org
  • SUDAN: It was confirmed that Russia is planning to build a naval base in Sudan (see also GGN from last week). It will let Moscow increase its influence in the Red Sea and in the Horn of Africa, provide access to the Indian Ocean, and support for Russian ships of the Black Sea and Pacific fleets. It would open up the potential for Russia to expand its military and political influence in East and Central Africa.

SOURCE: ASIA TIMES

  • SUDAN: The US has officially removed Sudan’s classification as a state sponsor of terrorism. The move saw Sudan follows the country’s normalization of ties with Israel in another Trump-brokered deal, known as the ‘Abraham Accords’, that recognize Bahrain and the United Arab Emirates’ normalized relations with Israel.

SOURCE: RT

  • SUDAN: Experts warn Sudan is now at a critical juncture as tensions have flared between the military and civilian leaders who share power in a fragile transitional government. At the same time, an economic crisis with skyrocketing inflation, exacerbated by the global coronavirus pandemic, is bringing yet more pain to the country.

SOURCE: THE ARAB WEEKLY

  • SOMALIA/KENIA: Somalia cuts diplomatic ties with Kenya amid rising tensions between both nations, after Somalia expelled Kenya’s ambassador to the country and ordered its ambassador to return home.

SOURCE: DAILY MAIL

  • NIGERIA: Boko Haram had seized students from an all-boys boarding school in Katsina, northwest Nigeria, to punish them for “un-Islamic practices.” 333 were missing and assumed captive. Boko Haram claim of responsibility, surprising some analysts, marking a departure from the extremist group’s usual area of operation in the country’s northeast.

SOURCE: WALL STREET JOURNAL

  • NIGER: At least 27 killed in an attack in the Diffa region, while many others are wounded or reported missing. Boko Haram claims attack.

SOURCE: AL JAZEERA

EURASIA:

Eurasia_(orthographic_projection).svg
http://www.wikipedia.org
  • INDIA-IRAN-UZBEKISTAN: India, Iran, and Uzbekistan have held their first trilateral meeting for possible joint use of Chabahar port, for transit purposes as well as strengthened regional connectivity into Eurasia. For India, the use of Chabahar port is a geopolitical move aimed at countering growing Chinese influence in the region. India is planning on cashing in on existing projects to expand its reach and linkages so that the Central Asian republics have an alternative to China’s BRI.

SOURCE: THE DIPLOMAT

  • RUSSIA: Russian energy giant Rosneft has announced the discovery of a “unique” gas deposit in the Kara Sea, in the Artic, containing an estimated 514 billion cubic meters of natural gas. The discovery could establish a new cluster for oil and gas production in the area. It ensures that Russia’s massive offshore discovery could dwarf Gulf of Mexico & Middle East’s energy reserves.

SOURCE: RT

  • RUSSIA-CHINA: The Russian government has approved the participation of the China Petroleum & Chemical Corporation (Sinopec) in a large petrochemical project, in accordance with Moscow’s strategy of establishing closer economic relations with Beijing.

SOURCE: NEFTEGAZ

SOUTH ASIA:

South_Asia_UN_(orthographic_projection).svg
http://www.wikipedia.org
  • PAKISTAN: Pakistan has “opened secret normalisation talks” with Israel about normalising relations in order to help in relations with India, while taking advantage of the atmosphere resulting from the normalisation of relations between Israel and the UAE and talks of a similar step by Saudi Arabia, according to some Hebrew´s media.

SOURCE: MIDDLE EAST MONITOR

  • PAKISTAN: Pakistan recently cleared a bill in Parliament that will virtually give the powerful army sweeping control over the China Pakistan Economic Corridor (CPEC). Greater involvement of the army will serve to address China’s security concerns vis-a-vis Balochistan and Gilgit-Baltistan. Beijing is worried about terrorism in Balochistan, where separatists have stepped up attacks on Chinese targets in recent years.

SOURCE: TIMES OF INDIA

  • PAKSITAN: Gwadar fencing project kick-starts as part of security measures to protect belt and road projects from potential terrorist attacks. Balochistan said the decision will be challenged in the Balochistan High Court and province-wide strikes will be held too.

SOURCE: BRECORDER

  • PAKISTAN: China has agreed to bail out Pakistan by providing it with $1.5 billion to help to repay a $2 billion debt to Saudi Arabia, with whom Pakistan has deteriorating relations.

SOURCE: MIDDLE EAST MONITOR

  • AFGHANISTAN-PAKISTAN: The Islamic State (IS) most potent branch IS-Khorasan Province (IS-KP) continues to display its violent presence in Afghanistan and Pakistan, fiercely withstanding the unremitting onslaughts from government and rival Taliban forces. The crisis within the Taliban created an opportunity for IS to rebuild and expand its network in the region.

SOURCE: EERADICALIZATION

  • AFGHANISTAN: Peace talks between the Afghan government and Taliban insurgents will resume in early January. Despite the peace process, violence in Afghanistan has not ended. There are regular clashes in various parts of the country and bomb and rocket attacks in Kabul.

SOURCE: REUTERS

  • AFGHANISTAN: The top United States general met Taliban representatives this week in Qatar, urging them to reduce the level of violence and move more swiftly towards a political solution in Afghanistan.

SOURCE: AL JAZEERA

  • INDIA: India agreed with UK on roadmap to broaden ties, to boost cooperation in Indo-Pacific. They focused on defense and security, among others. They also reviewed the situation in Afghanistan, and developments in the Middle East besides discussion on shared concerns over challenges posed by terrorism.

SOURCE: NEW INDIAN EXPRESS

ASIA PACIFIC:

Sino-Federation
http://www.asianaviation.com
  • CHINA/JAPAN: The defense ministers of China and Japan discussed tensions in the disputed East China Sea. Japan expressed concerns over the Chinese ships “repeatedly sailing close to and entering the waters” around the Senkaku Islands, a major stumbling block in the bilateral relationship.

SOURCE: SOUTH CHINA MORNING POST

  • INDONESIA: Indonesia has dismissed Israeli media allegations that the world’s most populous Muslim-majority country is seeking to establish diplomatic ties with the Tel Aviv regime, after Israel and Morocco agreed last week to normalize relations in a deal brokered by the United States. Indonesia has long been a staunch supporter of the Palestinian cause and statehood and has refused to communicate with Israel.

SOURCE: ABNA 24

SOUTH AMERICA:

1200px-South_America_(orthographic_projection).svg
http://www.wikipedia.org
  • BOLIVIA: New Bolivia president puts re-establishing ties with Iran top of his agenda (damaged by the previous de facto government, led by interim president Jeanine Anez). He also wanted to re-connect with Venezuela, which already boasts economic ties with Iran.

SOURCE: MIDDLE EAST MONITOR

  • SURINAME: ExxonMobil and Petronas discover hydrocarbons in Block 52 off Suriname. The discovery extends ExxonMobil’s leading position in South America.

SOURCE: OFF SHORE TECHNOLOGY


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EURASIA

RUSSIA-CHINA:

  • The Russian government has approved the participation of the China Petroleum & Chemical Corporation (Sinopec) in a large petrochemical project, in accordance with Moscow’s strategy of establishing closer economic relations with Beijing.

SOURCE: NEFTEGAZ


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GLOBAL GEOPOLITICAL NEWS DEC 3

Just the essential

December 3, 2020

 

ASIA PACIFIC:

Sino-Federation

INFRASTRUCTURE PROJECTS:

  • CHINA: Due to the Covid-19 pandemic, 20% of BRI projects had been “seriously affected” by the virus, with up to 40% being “somewhat affected”. All countries involved in the BRI have seen construction and supply chains halted or slowed by the pandemic. The largest decline in BRI investments was in energy investments.

SOURCE: INVESTMENT MONITOR


EURASIA:

Eurasia_(orthographic_projection).svg

ALLIANCES:

  • CHINA: China’s Prime Minister Li Keqiang said his nation is ready to share development opportunities with Russia and strengthen cooperation between the two countries.

SOURCE: TELESUR ENGLISH

STRATEGIC RESOURCES:

  • CHINA: China has started operations at the second section of a gas pipeline link to Russia, boosting its supplies through the Power of Siberia 1 pipeline.

SOURCE: ARGUSMEDIA


MIDDLE EAST:

Middle_East_(orthographic_projection)

CONFLICTS:

  • IRAQ: Skirmishes between the outlawed Kurdistan Workers’ Party (PKK) and forces from the Kurdistan Regional Government (KRG) have raised fears of a full-blown conflict in northern Iraq. The PKK has come under growing pressure from Turkey, who has built a close working relationship with KRG, with an oil pipeline allowing Iraqi-Kurdish authorities to market their oil exports independently of the federal government in Baghdad.

SOURCE: AL JAZEERA

ALLIANCES:

  • QATAR AND SAUDI ARABIA: Qatar and Saudi Arabia are close to striking a preliminary agreement to end a dispute that has pitted the Gulf neighbours against each other for more than three years. The expected deal comes after United States visit to the Gulf region, before the Trump administration leaves office in January.

SOURCE: AL JAZEERA

  • BAHRAIN AND ISRAEL: Bahrain -fourth Arab country to form diplomatic relations with Israel- signed with Israel several agreements and assured that stands with Israel against an Iranian threat.

SOURCE: ANADOLU AGENCY


EUROPE:

1200px-Europe_orthographic_Caucasus_Urals_boundary_(with_borders).svg

CONFLICTS:

  • EASTERN MEDITERRANEAN: EU warns Turkey of quick sanctions if dialogue over Eastern Mediterranean drilling and Cyprus fails

SOURCE: EURO NEWS

  • EASTERN MEDITERRANEAN: Outgoing US Secretary of State Mike Pompeo took aim at Turkey, decrying Ankara for compounding tensions with other allies in the Mediterranean (and for buying a Russian-made anti-aircraft system).

SOURCE: EURO NEWS


AFRICA:

1200px-Africa_(orthographic_projection).svg

TERRORISM:

  • NIGERIA: The Nigerian Army denounced that “there is an international conspiracy to cut Nigeria to size and compromise national renegades making attempts to destabilize and dismember Nigeria, if possible, in subservience to the international paymasters, who are the owners of Boko Haram”.

SOURCE: RIPPLES NIGERIA


SOUTH AMERICA:

1200px-South_America_(orthographic_projection).svg

STRATEGIC RESOURCES:

  • BRAZIL: Brazil’s Petrobras could expand its operations into neighboring Guyana, whose production is quickly expanding after a series of blockbuster offshore finds.

SOURCE: REUTERS


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Belt And Road Initiative

Belarus

BELARUS

  • Chinese leaders will seek to protect their country’s BRI investments in Belarus, regardless of how the crisis evolves in that country. China’s investments in Belarus are of special significance to the BRI because of Belarus’ position as a potential gateway to European markets, which China views as the ultimate prize in its BRI plans. China’s largest investment in Belarus is the Great Stone Industrial Park, China’s largest overseas development project. It has already attracted more than $1 billion in investment from at least 56 foreign companies.

SOURCE: THE DIPLOMAT

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