Syrian refugees in Turkey: From opportunity to Achilles heel

Even though Turkey's massive refugee problem is a direct consequences of the AKP's Syria policy, both the government and the opposition try to avoid its solution: ending the war in Syria.

Inflation in Turkey jumps past 70 percent, hitting 24-year high

An unorthodox economic policy based on sharp interest rate cuts has seen skyrocketing prices of transportation and food

The Sanctioned Ones: How Iran-Russia are setting new rules

While China, keen to ward off US sanctions as long as possible, is lagging, its RIC partners Iran and Russia are doing the legwork to break the west's global financial grip.

Yemen calls on Lebanese bank to release frozen funds

Yemen’s inability to access its foreign reserves has impeded its importation of basic commodities

Lebanon votes in first polls since economic collapse

Lebanon's complex ‘confessional' power-sharing system sees the 128 parliament seats divided into two groups – 64 Muslims and 64 Christians

The ultimate explainer to Lebanon’s 2022 elections

Even the Lebanese struggle to understand the mechanics of their elections. So The Cradle has provided a handy guide to understand the basics.

West Asia’s economic savior is called ‘multipolarity’

The transition from a western economic order toward a multipolar one is ushering in unprecedented economic and security advancements for West Asia.

US behind IMF refusal to finance energy imports for Lebanon: Hezbollah official

Despite the plan to import energy from Egypt and Jordan via Syria having been brokered by Washington, US officials have so far failed to issue the necessary sanctions waiver

Turkey’s Road to Damascus is difficult but necessary

Turkish reports suggest that Ankara is exploring the possibility of resetting ties with Syria. This policy shift will be complex but will be in the interests of both countries going forward.

Exclusive: Russia’s Sergey Glazyev introduces the new global financial system

The world's new monetary system, underpinned by a digital currency, will be backed by a basket of new foreign currencies and natural resources. And it will liberate the Global South from both western debt and IMF-induced austerity.

Oxfam: Palestinian wheat stocks could soon run out due to the Ukraine crisis

The Palestinian Authority imports 95 percent of the wheat sold in the occupied territories, but has no storage facilities

Sit back and watch Europe commit suicide

If the US goal is to crush Russia's economy with sanctions and isolation, why is Europe in an economic free fall instead?

Blood and oil: why Saudi Arabia will be bombed until the siege on Yemen is lifted

Riyadh refused Washington's pressure to increase oil production, then faced blistering attacks on its oil facilities and infrastructure from Yemen. Under increasing pressure to end its siege on Yemen, what will the Saudis do?

How Mariupol will become a key hub of Eurasian integration

Mariupol was battered by Ukraine's right-wing Azov battalion well before Moscow launched its military ops. In Russian hands, this strategic steelworks port can transform into a hub of Eurasian connectivity.

Zelensky makes surprise address to Doha Forum amid GCC split between Washington, Moscow

The Ukrainian president is the latest western envoy to try his hand at convincing GCC countries to increase oil production

Militants in Syria’s Idlib capitalize on rising global prices

The militant group, HTS, has been using the Ukraine crisis to profit in the Idlib region of Syria, which has a 97 percent poverty rate

Iran determined to meet India’s import needs: Iranian ambassador

The official claims that if both nations initiate a rupee–rial trade mechanism, bilateral trade between Iran and India has the potential to increase up to $30 billion

Russia’s judo kick to the western financial gut

Washington's sanctions on Moscow will destroy Europe, not Russia

IMF sets tough conditions for Lebanon bailout package: Report

Many believe that the Lebanese government is not likely to meet the conditions set by the IMF

More woes for Lebanon’s Central Bank governor as authorities seek deeper dig into finances

Salameh has denied any wrongdoing, and claims that all investigations against him are politically motivated

West Asia transforms: Twenty Arab states in China’s BRI sights

‘A crisis is an opportunity riding the dangerous wind.’ So says a Chinese proverb, and nowhere is this truer than in crisis-ridden West Asia, now a major focus of Beijing’s BRI vision to bring infrastructure, connectivity and economic growth to this struggling region

World Bank blames Lebanon’s ruling class for economic meltdown

In its latest report, the World Bank has warned that the Lebanese economy will remain in free fall through 2022

Jordan to sign electricity export agreement with Lebanon next week

Jordan will export 150 megawatts of electricity from midnight to morning, and 250 megawatts during the rest of the day to Lebanon via Syria

UN says nearly $4 billion needed for humanitarian aid to victims of Saudi coalition war on Yemen

A diminished pool of funding has forced the UN to scale back its humanitarian programs in Yemen

UN aid cannot reach Yemenis due to Saudi coalition airstrikes

Over recent weeks Riyadh has intensified airstrikes against the besieged Yemeni capital

Lebanese politicians remain divided as economic crisis spirals out of control

Plan to reconvene Lebanese cabinet on 20 December has failed due to infighting among politicians

Kuwait bans passage of Israeli goods into its territory

Kuwait's parliamentary national assembly passed anti-normalization measures last May at a time when most Gulf countries were openly normalizing with Israel

Lebanese currency plunges in value to historic low

Since 2019 the Lebanese Lira has lost over 90% of its value amidst an ever-worsening economic and political crisis

String of pearls: Yemen could be the Arab hub of the Maritime Silk Road

With an Ansarallah takeover of Yemen, Asia's trade and connectivity projects could expand into some of the world's most strategic waterways

Saudi Arabia gives Pakistan $4.2 billion aid package

The news comes as the Pakistani rupee hits its lowest value against the US dollar