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Opinion: Why the dollar’s dominance is declining in the Middle East

By Cathrin Schaer Iraq has just banned US-dollar transactions, the Saudis and Emiratis plan to sell oil without it and there are plans to establish a whole new currency to bypass it. To know why, first have a look at the war in Ukraine. Anyone…
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Opinion: China vs US: Making of the Second Cold War?

By Sedat Laçiner The Cold War order, despite all its risks, offered numerous advantages to both the United States and the Soviet Union. During the Cold War era, the world was split into two opposing camps, and the US and the USSR…
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Opinion: De-dollarization Inevitable as Use of other Currencies Accelerates

By Global Times China and Brazil have reached a deal to trade in their currencies, the AFP reported, citing the Brazilian government on Wednesday. The deal will allow China and Brazil to carry out trade and financial transactions directly…
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Opinion: What normalization with Riyadh means for Iran’s economy

By Bijan Khajehpour After years of intense competition, the China-brokered Mar. 10 agreement between Iran and Saudi Arabia to reopen embassies within two months has the potential to significantly ease tensions. The accord also…
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China has shattered the assumption of US dominance in the Middle East

By Nic Robertson With a grandiose diplomatic flourish China brokered a rapprochement between Saudi Arabia and Iran, in the process upending US calculus in the Gulf and beyond. While the United States has angered its…
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Opinion: Is Supporting Saudi Arabia’s War in Yemen the New Normal?

by Chad Kunkle Last month, the Yemen War Powers Resolution (YWPR), which, if passed, would have ended direct U.S. military involvement in Saudi Arabia’s war against the Houthis in Yemen, was withdrawn from an impending Senate vote by…
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Opinion: Republicans didn’t really want to cut the military budget after all

By Jonathan Guyer The new conservative House of Representatives has taken power and is ready to take on President Joe Biden and his foreign policy. As part of the deal that emerged as Rep. Kevin McCarthy persevered…
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“The Foreign Affairs”: The ‘Golden Days’ of U.S. Sanctions may Soon be Over

Sanctions have long been the United States’ favored diplomatic weapon. The Biden administration’s response to Russia’s invasion of Ukraine is a case in point: it immediately imposed a raft of punitive economic measures on Moscow and rallied…
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Opinion: America First is Everyone Else Last

By James Smith The US is pursuing a global campaign to try and contain the rise of China. To do so, the Joe Biden administration has sought to enlist allies and has significantly pushed for transatlantic cooperation. Because of the war in…
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Opinion: China’s Game in Afghanistan Seems to Fade after Attack on Chinese Nationals

Source: The Print Editorial China’s plan of reviving its relationship and extracting benefits from the Afghan Taliban seems to be fading away, especially after the recent explosion of the ‘Kabul Hotel’, which is seen as an attack…