Geopolitical Tensions

This article was originally published on Ahram Online on May 21, 2024.   Southeast Asia's history, marred by prolonged conflicts since the 1950s, offers pertinent lessons for strife-torn regions seeking stability. The spectre of the Cold War transformed countries like Vietnam into battlegrounds for over two decades, pitting communist and capitalist ideologies in a gruelling contest. Laos, too, bore the scars of proxy warfare, enduring a protracted struggle between the communist Pathet Lao forces, backed by a sizable contingent of North Vietnamese troops of Laotian descent, and the royal government, in a conflict that spanned more than two decades.

In January of 2024, landlocked Ethiopia officially considered the formal recognition of Somaliland, which declared independence from Somalia in 1991 and remains an unrecognised de facto state. This potential agreement, which would be in exchange for access to the Gulf of Aden through the port of Berbera, reignited tensions with neighbouring Somalia. Although the exact details of the agreement have not yet been fully disclosed, Somalia considers it to be an annexation of territory potentially. Still, its demands for an end to the agreement have seemingly been ignored by its neighbours.

The Iranian Revolutionary Guard's Air Force made a historic move by launching a direct assault on Israel in an operation dubbed "The True Promise," marking the first instance of such an attack originating from Iranian territory. Late on Saturday, April 13, 2024, Israeli cities were subjected to a relentless barrage of drones and ballistic missiles, signalling a significant escalation in tensions between the two nations. This offensive action follows Iran's earlier pledge to retaliate against Israel for its targeting of the Iranian consulate in Damascus, an incident that resulted in the deaths of seven Revolutionary Guard members, including two high-ranking leaders, on April 1.   This calculated escalation underscores Iran's unwavering commitment to defending its sovereignty and national interests while bolstering regional security. The global spotlight now shifts to the scale, sophistication, and broader implications of Iran's strike against Israel.   The Iranian assault on Israeli soil marks a pivotal moment in the ongoing conflict between the two adversaries, thrusting their hostilities from the shadows into the open arena of direct confrontation.   Against this backdrop, the Israeli response hinges on several key factors. Firstly, the extent to which Iranian proxies, such as the Houthis and Hezbollah, may actively participate in the conflict will influence Israel's strategic calculus. Secondly, the response will be shaped by the presence or absence of casualties among Israeli forces, as well as the effectiveness of its defence systems, bolstered by support from the United States, in mitigating potential damage. Lastly, how Israel opts to retaliate will be of paramount importance in determining the trajectory of the conflict.   Consequently, this analysis aims to elucidate the attack's ramifications and its economic repercussions on the parties involved in the conflict.

The global economy has been struggling to recover since the impact of the COVID-19 pandemic, which has had significant repercussions worldwide. The European Union (EU) has been particularly affected by the Russia-Ukraine war due to its reliance on Russian energy. Following this conflict, the EU is gradually moving toward recovery, with an anticipated mild growth rate in 2024. However, the ongoing Middle East conflict and concerns about its potential escalation raise doubts about whether the EU can withstand the challenges posed by such an escalation.

Ramifications of the Israeli-Hamas War have not been confined within Gaza or the Middle East’s borders. Polarisation over the Palestinian cause has reached a new character especially in the Western world where such a trend has never been as deep. Cracks within governments and societies can be traced to a volatility of values, exposure to social media, and demographic changes. With such an unprecedented divide over Western governments tolerating Israeli impunity in Gaza, the West is faced with a moral dilemma which might cost it it’s claimed “moral superiority”.