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China’s Silk Road presents growing threat to western influence in the Gulf

Western governments’ awareness of the extent and character of the People’s Republic of China’s global ambitions, manifested in President Xi Jinping’s One Belt, One Road Initiative (BRI), has grown sharply in the last 12 months. Not that the ‘Silk Road’ project should be any surprise: the Chinese Communist Party (CCP) has been open about its goals, albeit mainly expressed on Chinese language sites.

Issue 1110 - 17 September 2020

PinPolitics, Energy & industry, Finance & business

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Kuwait heads to polls amid graft, fiscal crises and succession fears

Seen from the corridors of power in other Gulf capitals, Kuwait has long been a poor argument for allowing a more open political environment. Recent weeks have been no exception, with the National Assembly (parliament) still refusing to pass a long-needed debt law. This position is accentuating a fiscal crisis caused by low oil revenues and the economic damage wrought by the coronavirus pandemic.

Issue 1110 - 17 September 2020

PinKuwait

PinFinance & business