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AssessmentsApr 26, 2024 | 20:15 GMT
A welcoming billboard displaying an image of Iranian President Ebrahim Raisi (left) and Pakistani Prime Minister Shehbaz Sharif is seen along a street in Karachi, Pakistan, on April 22, 2024.
For Pakistan and Iran, a Delayed Pipeline Could Undermine Improved Relations
Iranian President Ebrahim Raisi's recent trip to Pakistan underscores Tehran's commitment to diplomatic efforts and economic collaboration with Islamabad, but a problematic pipeline project may undermine relations as Pakistan grapples with either getting sanctioned by the United States or fined by Iran. Raisi visited Pakistani Prime Minister Shehbaz Sharif from April 22 to April 24, marking the first visit by an Iranian president to Pakistan in eight years. The visit sought to improve bilateral relations, which soured in January after Iran and Pakistan engaged in cross-border strikes. During Raisi's trip, both governments expressed their commitment to transforming their shared border from a ''border of peace'' to a ''border of prosperity.'' Notably, both also strongly condemned Israel's actions in Gaza, calling for an immediate cease-fire and accountability for the ''crimes'' committed by Israel against Palestinians. 
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Iran
Pakistan
Energy
Politics
Situation ReportApr 26, 2024 | 16:08 GMT
France: Macron Presents Radical Reform Proposals in Speech Over Future of the EU
French President Emmanuel Macron presented his vision for a more assertive, autonomous and competitive European Union to be realized through a series of radical reforms to the bloc's defense, monetary and state aid policies during a speech at Sorbonne University in Paris, Reuters reported on April 25.
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Europe
France
Economics
Environment, Science & Technology
Military & Security
Politics
Situation ReportApr 26, 2024 | 14:38 GMT
U.S., Israel: White House Decides Against Sanctioning Israeli Military Units
The U.S. Biden administration concluded that the human rights abuses of which Israeli forces are accused do not merit a military aid cut-off since four of the five units under investigation are taking steps to address the abuses, according to a letter written by Secretary of State Antony Blinken, ABC News reported on April 26.
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United States
Israel
Economics
Military & Security
Politics
SnapshotsApr 24, 2024 | 21:15 GMT
People hold Moldovan national flags as they gather outside the presidential palace in Chisinau on Dec. 14, 2023, to celebrate the European Council's decision to open accession talks with Moldova.
In Moldova, Two Key Votes Portend More Pro-Russian Political Agitation
Pro-Russian political forces will step up efforts to destabilize Moldova ahead of the October presidential election and referendum on Moldova's EU integration, slowing and potentially endangering Chisinau's pro-European course. On April 16, the Moldovan Constitutional Court approved holding a referendum on constitutional amendments proposed by the ruling Party of Action and Solidarity (PAS) regarding the country's European integration. The referendum will mandate several text changes and additions to Moldova's constitution ''reaffirming the European identity of the people of Moldova'' and the ''irreversibility of Moldova's European course.'' Referendum participants will be asked, ''Do you support Moldova's accession to the European Union?'' -- a provision that a majority of Moldovans are expected to support. The referendum is aimed at boosting the electoral chances of incumbent president Maya Sandu, because it will take place simultaneously with the first round of the country's presidential election on Oct. 20. On April 22, Moldovan pro-Russia opposition politicians
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Russia
Moldova
Military & Security
Politics
AssessmentsApr 22, 2024 | 20:21 GMT
An aerial view shows residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China's Zhejiang province, on March 15, 2024.
Gauging the Risk of a Systemic Financial Crisis in China
China's efforts to rein in unsustainable investment in the infrastructure and real estate sector will not lead to a systemic financial crisis, but broader reforms aimed at substantially reducing excess savings or creating more profitable investment opportunities that would help rebalance the economy toward more sustainable medium-term growth will remain unlikely in the coming years. Chinese economic policymakers have been seeking to rein in unsustainable investment in infrastructure and the real estate sector amid macro-financial risks caused by a very high savings rate in the context of a declining profitability of investment. The very structure of Chinese investment, which is concentrated in infrastructure and housing, is generating declining and increasingly negative financial returns. A declining profitability of investment is to be expected, as China approaches the technological frontier and the marginal productivity of capital declines, and as highly profitable investment projects become scarcer. The recurring misallocation of capital or overinvestment
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China
Economics
Politics
AssessmentsApr 22, 2024 | 09:00 GMT
2024 Elections: The European Union
2024 Elections: The European Union
Opinion polls suggest the June 9 European Parliament election will see right-wing and far-right parties make significant gains across several EU countries at the expense of center-left and green parties, with potentially significant policy implications for the bloc.
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Europe
Politics
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