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SnapshotsAug 5, 2020 | 19:36 GMT
An Explosion Risks Razing Lebanon’s Last Shreds of Stability
A massive explosion in Beirut will intensify already potent popular anger at the Lebanese government and contribute to political infighting, even as it opens the door for much-needed humanitarian aid in the near term. The catastrophic explosion at the port of Beirut sent a shockwave miles through the surrounding area, destroying thousands of homes and buildings. The blast has so far killed over 100 people while injuring thousands more. Available evidence about the nature of the explosion aligns with the government's account of the accident, pointing at gross negligence that will elicit anger at authorities. The damage to Lebanon's most critical port, even if temporary, will also exacerbate the country's existing food and supply shortages.
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AssessmentsAug 5, 2020 | 10:00 GMT
A view of Dubai, the most populous city in the United Arab Emirates, at sunrise.
COVID-19 Risks Robbing Dubai of Its Economic and Political Autonomy
By sapping Dubai's economic growth, the COVID-19 pandemic will also ultimately erode the emirate's political and economic independence from neighboring Abu Dhabi. Without the tools and funding needed to support its own recovery, Dubai will likely be forced to rely on another bailout from wealthy Abu Dhabi, which could impact Dubai's development plans, especially in tourism and finance. 
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SnapshotsJul 31, 2020 | 14:48 GMT
The U.S. Economic Recession Grows Deeper and Bleaker
The United States is likely to experience a weak economy for a prolonged period, which, when combined with high debt levels, will have long-lasting effects on federal spending and perhaps even Washington's ability to exercise global influence as the country turns inward. The United States' pandemic-induced recession may have bottomed out in the April-June quarter, with GDP shrinking at a record pace. But with growth sluggish even before the pandemic, prospects for the U.S. economy remain stark. Base effects alone probably ensure positive growth in the third quarter of 2020, though signs the U.S. recovery is already slowing means another contraction in the fourth quarter cannot be ruled out. And with infections on the rise across America, there's an increasing chance that U.S. GDP growth could remain below pre-pandemic levels for years to come. 
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SnapshotsJul 10, 2020 | 17:29 GMT
In Ivory Coast, a Presidential Candidate's Death Risks Ending in Violence
The unexpected death of Ivory Coast's prime minister and the ruling coalition's presidential candidate, Amadou Gon Coulibaly, risks dashing hopes that the world's top cocoa producer would experience its first-ever democratic transition of power without violence this year. On July 8, President Alassane Ouattara announced that Prime Minister Coulibaly had died upon returning from a cardiac examination in France.  Ouattara's ruling Rally of Houphouetists for Democracy and Peace (RHDP) coalition had selected Coulibaly to be his successor following Ouattarra's March announcement that he would not seek a third term in the 2020 presidential election, which is currently scheduled for October 31. Reuters reported July 8 that senior RHDP leaders held a closed-door meeting in which they agreed to pressure Ouattara to seek a third term.  Ouattara seeking a third term, however, will be viewed as highly controversial and would lead to a constitutional crisis over his eligibility. 
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SITUATION REPORTJun 25, 2020 | 18:30 GMT
Serbia, Kosovo: War Crime Accusations Prompt Kosovo to Pull Out of U.S.-Sponsored Summit
Kosovo’s government announced it would not attend a summit with Serbian leaders in the United States, which was scheduled for June 27, after a special international prosecutor in The Hague accused Kosovo politicians, including President Hashim Thaci, of war crimes during the country’s push for independence in the late 1990s, Reuters reported June 25.
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SITUATION REPORTJun 16, 2020 | 16:56 GMT
China, U.S.: Washington Allows U.S. Firms to Work With Huawei on Tech Standards 
The U.S. Commerce Department announced it was modifying its export controls to allow for U.S. companies, employees and researchers doing business with Chinese tech giant Huawei to work together in standards-setting bodies, including those related to the 5G development, Reuters reported June 15.
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