Foreign Minister thanked the Saudi leadership for their generous and unwavering support for Pakistan which was particularly instrumental in securing the deal with the IMF.
The Biden administration helped Pakistan get a controversial new bailout from the International Monetary Fund after Pakistan agreed to secretly sell arms to the United States for the war in Ukraine, according to a new blockbuster report by The Intercept. The deal allows Pakistan to sell some $900 million in munitions while keeping IMF loans flowing to the government in Islamabad amid a spiraling economic crisis, which is driven at least partly by the austerity measures imposed by the IMF loan. Pakistan’s position on the war in Ukraine has shifted significantly since Russia’s invasion and the ouster of Prime Minister Imran Khan, who was removed from office in 2022 under pressure from U.S. diplomats who objected to his “aggressively neutral” stance on the war. Khan is now imprisoned in Pakistan on corruption charges. Meanwhile, the caretaker government backed by Pakistan’s powerful military has delayed planned elections, widely seen as an attempt to block Khan’s supporters from power. “When the United States has a primary foreign policy objective, in particular when it’s a war, everything else falls away. That’s what you’re seeing in Pakistan now,” says The Intercept’s Ryan Grim.
Two US Air Force B-1B bombers dropped munitions at target ranges in Jordan and Saudi Arabia before returning to Europe in the Pentagon’s latest regional exercise aimed at deterring Iran.
Joziah Thayer joins to show to discuss some of the work he’s done digging into the many factions and groups within Yemen and the foreign powers working to pull their strings. Scott and Thayer drill in on Al Qaeda in the Arabian Peninsula, or AQAP, and explore how the group’s standing in Yemen has changed and how the country is likely to evolve going forward.
The US dollar is essential to US global power projection. But in 2022, the dollar share of reserve currencies slid 10 times faster than the average in the past two decades.
China’s orchestration of the renewal of diplomatic relations between Iran and Saudi Arabia should be a wakeup call to the Biden administration’s national security team, particularly to Antony Blinken’s Department of State. China’s success exposes flaws in American national security policy, particularly the policy of nonrecognition as well as the reliance on the use of military force to achieve gains in international politics. Our instruments of power are not working.
One of Biden’s promises during his presidential campaign was to immediately move to end all support for the Saudi-led coalition’s war in Yemen. In February 2021, Biden stood at a podium at the State Department and proclaimed that the war in Yemen must end. Biden underlined the humanitarian crisis as the key reason the United States withdrew support. An investigation (PDF) by the Government Accountability Office found that the United States is training the Saudi-led coalition, and the US has troops on the ground in Yemen. Biden confirmed that the United States has troops in Yemen in a letter to Congress in June last year. Biden lied to the American people when he claimed that the United States was withdrawing US support for the war in Yemen in 2021.
More than fifty new investment projects with an estimated cost of one and a half trillion Liras have been licensed in Syria according to the investment law issued last year. The Syrian capital, Damascus, focuses on reviving productive projects to confront Western sanctions on the Syrian economy.
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