Connect with us

Newsdesk

Iran deal signals a radical shift in U.S. approach to the Mideast

Dimitris Giannakopoulos

Published

on

Welcome to the Caspian Daily, where you will find the 10 most important things you need to know on Caspian Sea Region. We appreciate ideas, reports, news and interesting articles. Send along to Caspian[at]moderndiplomacy.eu or on Twitter: @DGiannakopoulos

1At least since 9/11 and arguably for two decades before that, two propositions have informed U.S. policy in the Mideast. The first is that U.S. interests there are best served by the United States establishing a position of unquestioned preeminence. The second is that military might, wielded unilaterally if necessary, holds the key to maintaining that dominant position. Call it the Big Enchilada policy, with attitude. As implemented, however, that approach has yielded almost uniformly unfavorable results. Iraq and Afghanistan provide exhibits A and B, of course. But Libya, Somalia and Yemen don’t look much better. Even so, some hawkish types argue that trying a little harder militarily will produce better outcomes. Their ranks include a platoon of Republican presidential candidates vowing if elected to get tough on the ayatollahs, Andrew J. Bacevich for the Los Angeles Times.

2India Opens Gateway to Central Asian Gas Riches After Iran Deal. With U.S. sanctions easing, India is racing to build a port in Iran that will get around the fact that its land access to energy-rich former Soviet republics in Central Asia has been blocked by China and its ally Pakistan.“We’re seeing the latest manifestation of the Great Game in Central Asia, and India is the new player,” said Michael Kugelman, a South Asia expert at the Washington-based Woodrow Wilson International Center for Scholars. “It’s had its eyes on Central Asia for a long time.” While the world focuses on what Iran’s opening means for Israel and Arab nations, the ramifications are also critical for Asia. Closer Iran-India ties would allow New Delhi’s leaders to secure cheaper energy imports to bolster economic growth and reduce the influence of both China and Pakistan in the region. Natalie Obiko Pearson for Bloomberg.

3Turkmenistan’s government-owned TurkmenGaz will lead a consortium of the national oil companies of the four nations that will build and operate the ambitious Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline, the petroleum ministry said without clarifying whether foreign private companies can still participate in the $7.6 billion project.

4Kazakhstan will establish an energy efficiency fund, which will become a tool for supporting energy service companies by allocating them credits and loans on preferential terms, said Albert Rau, Kazakhstan’s Deputy Investment and Development Minister.”Currently, works on the establishment of an energy efficiency fund are already being conducted together with the World Bank and the United Nations Development Program,” he said. “This will give additional impetus for the development of this sector in Kazakhstan. In this regard, we should follow the example of Europe, in particular Germany, which has made significant progress in the field of energy saving.” According to the “100 concrete steps” plan voiced by President Nursultan Nazarbayev, one of the important directions of Kazakhstan’s industrial development is the reduction of energy intensity in the gross domestic product of the country.

5A sophisticated cyber-attack on an email network at the Pentagon affected 4,000 military and civilian personnel working for the Joint Chiefs of Staff, and the network was shut down for two weeks. It was a so-called spear-phishing attack in which people are tricked into opening bogus emails which then infect the network.US officials did not say whether the attack has been linked to individuals or the Russian government but said it was “sophisticated.”One official said: “It was a spear-phishing attack traced to that country (Russia),” Another told NBC News: “It was clearly the work of a state actor.” No classified information was obtained but the Pentagon decided to shut the email system down.

6S-400 Triumf missile defense systems have entered service in the Russian Armed Forces on the Kamchatka Peninsula, the head of the Defense Ministry’s press service for the Eastern Military District said Friday.“The S-300 missile defense systems that were deployed earlier reliably defended the airspace for over a quarter of a century. The capabilities of the new technology will allow for the detection of air targets at more than 600 kilometers away and are several times better than the military efficiency of anti-air defense of foreign states,” Roman Martov said. The S-400 Triumf (SA-21 Growler) is a Russia’s next-generation anti-aircraft weapon system, carrying three different types of missiles capable of destroying aerial targets at short-to-extremely long range.

7A Business Incubation Center at Mingachevir Tech Park will be created before the end of this year, says executive director of the High Tech Park Seymur Agayev. Currently, the general plan of progress for selected areas and the very structure of the Mingachevir Tech Park is under development, he said.“There are a number of measures concerning the activities of the Mingachevir technology park that will be adopted, and the business incubator is one of them. We are developing a comprehensive program that will at once launch the activity of the Tech Park. In addition, discussions are underway with potential investors and members,” Agayev said.

8Will Vladimir Putin save Russia’s ailing firms, like EkoNiva, Rosneft, Gazprom? Including the money in the sovereign wealth funds, the government has $US358 billion in foreign currency reserves and gold. So why not put some to work aiding businesses? One problem is that some banks and companies are poorly managed and deserve to go under, says Bernie Sucher, a longtime US investor in Russia who serves on the board of Moscow-based UFG Asset Management. Bailing them out only delays the day of reckoning, he says. That’s what happened in the 2008 financial crisis in Russia, when “the government sprayed liquidity all over the economy”, he says. “The big miss in 2008 was the failure to use the crisis to pursue deep structural reforms.” Carol Matlack for Sydney Morning Herald.

9Kazakhstan government has revised the decree that made many popular resorts a special border zone requiring special passes. Foreigners will no longer have to obtain permits to visit them. It greatly widened the strip of nearborder land considered a special zone not supposed to be visited by foreigners without obtaining a prior permit from the local authorities. A lot of popular destinations, including Big Almaty Lake, Medeo high altitude skating rink, Shymbulak skiing resort, Lake Alakol, Kolsay Lakes and Charyn Canyon ended up in that zone.

10An agreement to build “Wind Parks” in the vicinities of the Iranian city of Khaf has been reached. According to the agreement, the project will be implemented by LLC “Azalternativenerji”. The project will be implemented within the framework of the Memorandum of Understanding, which was held in Baku in October 2014.

Journalist, specialized in Middle East, Russia & FSU, Terrorism and Security issues. Founder and Editor-in-chief of the Modern Diplomacy magazine. follow @DGiannakopoulos

Continue Reading
Comments

Newsdesk

European Union and World Bank Support to Help Enhance Georgia’s Innovation Ecosystem

Newsroom

Published

on

The European Union (EU) and the World Bank launched today the Increasing Institutional Capacity for Innovation (IICI) project, at an event held at Tech Park Georgia. Nika Alavidze, Deputy Minister of Economy and Sustainable Development of Georgia, Mercy Tembon, World Bank Regional Director for the South Caucasus, and Stig Kjeldsen, First Secretary at Delegation of the European Union to Georgia offered opening remarks at the event.

“The World Bank is proud to continue to stand by GITA as it transforms from a young ‘startup’ agency into a mature framework for Georgia’s coordination of its innovation and entrepreneurship policy and practice,” said Mercy Tembon, World Bank Regional Director for the South Caucasus. “With support from the EU, and the Bank’s technical assistance, this project will allow GITA to take the next step toward greater institutional capacity and effectiveness, test the potential for technology transfer, and improve opportunities for investing in innovative, early stage companies in Georgia.”

“Innovation increases SME competitiveness and creates jobs, and innovation policy is actually at the heart of the EU’s own Europe 2020 strategy for growth and job creation,” said Stig Kjeldsen, Cooperation Officer at the EU Delegation to Georgia. “Further assisting GITA in building Georgia’s innovation ecosystem falls naturally in line with the EU’s commitment to supporting business development in Georgia.”

The IICI project is financed by the EU to the amount of €2.7 million and will be implemented by the World Bank. The overall objective of the project is to increase GITA’s capacity to develop and implement innovation and entrepreneurship policies and programs with medium- and long-term strategies and results; test and demonstrate the viability of technology transfer between educational institutions and the private sector in Georgia; improve the deal flow of innovative start-ups ready for investment, and fund availability for early-stage companies.

The IICI project is expected to generate important results, including: easier access to support and finance for a greater number of small and medium enterprises and innovative firms, a more coherent public approach to supporting entrepreneurs and SMEs and a boost in overall innovative economic activity.

Continue Reading

Newsdesk

World Bank Group Releases Little Data Book on Gender

Newsroom

Published

on

The World Bank Group today released the Little Data Book on Gender 2019 to provide an easily accessible entry point to statistics tracking gaps between men and women, boys and girls for 217 economies around the world with comparable data for 2000 and 2017.

In addition to demographic and economic information, the Little Data Book on Gender indicators include the proportion of women and men who use the internet, sex-disaggregated smoking prevalence, and the percentage of female graduates from science, technology, engineering and mathematics programs in tertiary education.

The book includes two indicators from the Women, Business and the Law database: the length of paid maternity leave and whether women are legally able to work in the same industries as men.

“Progress in eliminating poverty and ensuring shared prosperity can be enhanced and accelerated when we have good data,” said Caren Grown, World Bank Group Senior Director for Gender. “The Little Data Book on Gender offers policymakers and development practitioners easy access to data on males and females in the domains in which we work – health, education, and economic life.  As sex-disaggregated data becomes increasingly available, there is no excuse to not use it in our policy dialogue and to inform choices about interventions.”

This edition of the Little Data Book on Gender also features online tables that will be updated quarterly.

“Regular online updates will make it easier than ever to see how women and men are faring across a range of global indicators, and to track progress over time,” said Haishan Fu, Director, Development Data Group. “This supplements the fuller, curated data and analysis tools provided by the World Bank Group, including through the Gender Data Portal.”

The Little Data Book on Gender shows remarkable broad progress toward gender equality in education enrollment and health, while gender inequality remains stubbornly persistent in access to economic opportunities. On virtually every global measure, the Little Data Book on Gender reveals that women are more likely than men to be engaged in low productivity activities, and to work more in vulnerable employment.

The Little Data Book on Gender can be accessed online through the World Bank’s Gender Data Portal, and can be used by researchers, journalists, policy makers, and anyone interested in gaps between men and women.

Continue Reading

Newsdesk

UNIDO and Italy further strengthen cooperation with focus on Africa and innovative partnerships

Newsroom

Published

on

The Director General of the United Nations Industrial Development Organization (UNIDO), LI Yong, spoke at the opening ceremony of the ‘International Cooperation Expo: job creation and innovation for sustainable development’ (EXCO 2019), which was organized under the patronage of the Italian Ministry of Foreign Affairs and International Cooperation, the Italian Agency for Development Cooperation, the European Commission and IFAD.

“I welcome the organization of the EXCO, as it is very clear that the ambitious goals of the 2030 Agenda cannot be achieved by one country or by one institution alone,” said Li. “Our experience shows that a multilateral approach, and particularly working in partnerships, is key to addressing these challenges.”

The UNIDO Director General then opened the UNIDO International Award Ceremony, ‘Innovative ideas and technology on agribusiness’, as well as the ‘EXCO 2019 Hackathon: solutions for sustainable development’, with both also taking place in the Fiera di Roma. Organized by the UNIDO Investment and Technology Promotion Office (ITPO) in Italy jointly with the Future Food Institute, the Award Ceremony invited submissions of the best technologies and the most innovative and sustainable worldwide solutions in the agriculture and agro-industry sectors.

“The role of UNIDO and in particular the interventions by our ITPO network to transfer new technologies and sustainable production models including investments are fundamental to overcome barriers and help countries achieve the goals of the 2030 Agenda,” said the UNIDO Director General. “Indeed, this award aims to support developing countries with innovative models to increase production in a sustainable manner and to build a resilient agribusiness environment.”

Li also met with Deputy Minister of Foreign Affairs and International Cooperation, Emanuela Claudia Del Re, to discuss scaling-up interventions in the agribusiness sector, including with long-standing private sector partners such as Illy Caffé, also how to benefit from the important expertise and interest of the Italian private sector. During their meeting, the Director General and the Deputy Minister also discussed opportunities to diversify the ongoing cooperation to new sectors of mutual interest, such as energy and the environment.

“The significant and vital relationships between UNIDO and the Italian Government for implementing development initiatives in the partner countries of the Italian Development Cooperation have been reviewed,” said Del Re. “From the Italian side, interest has been shown toward the new approach set by UNIDO in defining integrated projects with the private sector, such as the new initiative ‘UNIDO partnership model for de- risking investments in the Ethiopian coffee sector’.”

The UNIDO Director General also met Executive Vice President of ENI, Alberto Piatti, together with Director General of the Italian Ministry of Foreign Affairs and International Cooperation, Giorgio Marrapodi, to explore cooperation opportunities, notably in the field of applied research on energy as well as agro-value chains.

Continue Reading

Latest

Newsdesk16 mins ago

European Union and World Bank Support to Help Enhance Georgia’s Innovation Ecosystem

The European Union (EU) and the World Bank launched today the Increasing Institutional Capacity for Innovation (IICI) project, at an...

Science & Technology2 hours ago

Business in Need of Cyber Rules

For more than 20 years, countries have been struggling to introduce a set of rules of conduct and liability requirements...

Intelligence4 hours ago

Suppressed OPCW Finding: War-Crime Likely Perpetrated by U.S. Against Syria on 14 April 2018

On May 13th, Tim Hayward of the Working Group on Syria made public on his website an utterly damning document...

Newsdesk6 hours ago

World Bank Group Releases Little Data Book on Gender

The World Bank Group today released the Little Data Book on Gender 2019 to provide an easily accessible entry point...

Middle East8 hours ago

Chinese purchases of Iranian oil raise tantalizing questions

A fully loaded Chinese oil tanker ploughing its way eastwards from two Iranian oil terminals raises questions of how far...

Africa10 hours ago

Governance reform could see African economies benefit to tune of £23bn

The latest edition of PwC’s bimonthly Global Economy Watch has found that African economies could receive a windfall of £23bn...

Hotels & Resorts12 hours ago

Marriott International Debuts JW Marriott Hotel in Qufu, Birthplace of Confucius

JW Marriott announced the opening of the new JW Marriott Hotel Qufu in Shandong province, China. Owned by Shandong Luneng,...

Trending

Copyright © 2019 Modern Diplomacy