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EU puts new Investment Agreement with China on hold

EU puts new Investment Agreement with China on hold

The European Commission will stop efforts to approve the Comprehensive Agreement on Investment (CAI) between China and the European Union (EU). European Commissioner for Trade, Valdis Dombrovskis, said that approval for the CAI is complicated due to recent EU-China relations. 
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Commentary: Mohammed bin Salman and his quest to reinterpret the relationship between state and religion  in Saudi Arabia

Commentary: Mohammed bin Salman and his quest to reinterpret the relationship between state and religion in Saudi Arabia

In a recent wide-ranging interview Saudi Arabia's Crown Prince, Mohammed bin Salman, appeared to be reinterpreting – if not exactly redefining – the relationship between state and religion in the Kingdom. This is highly dangerous and uncharted territory for a Saudi leader, but something that is absolutely necessary if the Kingdom is to reinvent itself as a modern progressive state, whilst respecting the religious foundations which are part of its legacy and legitimacy.
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No sign of progress in Tunisia's political crisis

No sign of progress in Tunisia's political crisis

Tunisian politics are in stalemate following the president's continued refusal to formalise a ministerial reshuffle in the cabinet of the prime minister, Hichem Mechichi. According to the Ennahda movement, Tunisia’s President Kais Saied refused a proposal for a roundtable talk with Ennahda leader and the speaker of the parliament, Rashid Ghannouchi, and Prime Minister Hichem Mechichi. 
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Pandemic puts pressure on Gulf States sovereign wealth funds

Pandemic puts pressure on Gulf States sovereign wealth funds

Sovereign wealth funds in the Gulf countries are facing unprecedented challenges due to the rise of deficit and pressure to increase financial obligations to their public budgets. The drop in crude oil prices, caused by the pandemic last year, forced Gulf countries to increase their borrowing and thereby withdraw from their sovereign wealth funds.
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Commentary
Azerbaijan to spend $59 billion to rehabilitate territories, but development also requires peace

Azerbaijan to spend $59 billion to rehabilitate territories, but development also requires peace

Azerbaijan plans to spend up to $59 billion over the next ten years to rehabilitate the territories it has recently taken back after being for decades under Armenian control. It is a huge sum even for an oil rich country, but for President Ilham Aliyev developing the new territories now has become the primary mission of his presidency.