Giancarlo Elia Valori

A meeting of Israel's Cabinet in May 2020. Photo: Reuters

The 35th Israeli Government and its Ministers

On April 20, 2020, an agreement was reached between Benny Gantz and Bibi Netanyahu, which led to the current government of national unity. Based on the agreement, Netanyahu will serve as prime minister until he is replaced by Gantz, the current defence minister, in November 2021. 

Libyan GNA troops during Operation "Volcano of Rage". Photo: Reuters

The New Libyan crisis and Turkey’s Presence in Tripolitania

Commentary: Currently a proxy war is being fought in Libya: Turkey and Qatar against Egypt, UAE and Saudi Arabia, who want everything but Turkish hegemony over Libya. And vice versa. First and foremost, Turkey wants a primary economic and strategic role in the future Libyan reconstruction. Second, the autonomous drilling of oil maritime areas in the Eastern Mediterranean region

Hong Kong skyline. Photo: Reuters

China and Hong Kong

Commentary: The Chinese choice on the Hong Kong Security Law means only one thing: the end of the old Cold War between the West and the PRC, and hence the beginning of a new phase between China and the United States, which will be "hot" or "cold" depending on the circumstances. Therefore, China has no need in the future - not even financially - to have Hong Kong as a buffer zone with a relatively peaceful, but always radically adverse West

Photo: Reuters

Oil and Gas Geopolitics and its End

Commentary: The Covid-19 pandemic is redesigning all geopolitical scenarios, through oil, above all, but not only through it. Here not only energy counts, but rather the whole economic system which, however, is still currently oil-dependent. The world economy will not "recover" soon or, more exactly, will no longer be as it was before the pandemic

Photo: Reuters

Cyberwar between the United States and China

Commentary: Here we are at a commercial and quasi-conventional war between two powers, i.e. an old Western power, on the one side, and an Asian power on the other which, however, does not want at all to be relegated and closed in the Pacific. Certainly China is currently not lagging behind on the cyberwar issue. Nevertheless it does not want to use it as a substitute for conventional war or psywar for dual-use technologies, nor to play the game of the total defeat of a hypothetical "enemy".

Photo: Reuters

China’s Future Political and Economic Moves

Commentary: President Xi wants to avoid China losing its dominant role in the world as a result of the now hopefully ended pandemic. Indeed, he wants to redesign it at a time when, due to past and present mistakes, the productive, social and healthcare system of the United States and part of the EU shows strong failures

Photo: Reuters

The Oil Market Crisis

Commentary: In the darkest phase of the crisis, the objective of the financially sound OPEC countries will be diversification from oil to more technologically advanced and expanding sectors, without neglecting the oil sector. For the less financially sound countries, it will be about implementing great political reforms, which may at least stabilize the countries floundering in severe economic crisis, or having their oil assets quickly sold by the richest Arab countries.

Photo: Reuters

The Chinese Debt Issue

Commentary: According to financial and economic analysts, the economic crisis from Covid-19 will not lead to recession in China, but even to a very strong public economic stimulus and hence to greater future short-term debt. Some professional Western investors are wondering whether the Chinese economy can carry the new debt burden, which is necessary to push the economy forward, during and after the coronavirus pandemic.

Photo: Reuters

China and Covid-19

Commentary: Currently the relationship between politics and economy is changing in China, and the impact of the coronavirus pandemic is stepping up the privatization of the Chinese economy and the new relationship between the political centre and the economic decision-making process. The pandemic shows that nowadays, irrespective of our ideology of reference, borders are much vaguer and more porous than we imagined.  

Libyan Gen. Khalifa Haftar. Photo: Reuters

Khalifa Haftar’s Latest Declarations

Commentary: The rational way to solve the Libyan proxy war would be to determine the birth of a Libyan federal state, with areas controlled by local players in stable coordination with their international contacts and counterparts. But the possibility of a new unitary state in Libya, like Gaddafi’s, is becoming increasingly remote.