In Davos we can see that everything has changed: politics is back in the driver’s seat, and geopolitics is increasingly determining economic and business prospects. Europe risks marginality
Media mentions – ECFR Rome
The U.S. has built a framework for deterrence, signaling that it is not interested in a regional war but is prepared to intervene in response to Iran’s provocations
It would be just too much of a provocation and they know very well, and Iran knows very well, that would (trigger) inevitably the beginning of a much broader US-led international mission in Yemen
The international community’s response to the Houthi attacks is limited and can only have a partial effect: we cannot fully protect such a vast sea as the Red Sea
Should the crisis continue, with delays piling up and the cost of hubs already rising sharply, the situation for European industries is likely to become worrisome
The Houthis are strengthening their bargaining power against Saudi Arabia, with whom they’ve been trying for months to reach an agreement on the partition of power in Yemen
With the conflict in Gaza, the EU risks to be involved on different fronts. Despite this, Ukraine remains Europe’s highest priority, as many countries perceive Russia as a real threat.
Such a complex security frame could, paradoxically, give new impulse to the Imec infrastructure, given the need for land routes to integrate the more fragile maritime one
Politically, this is a satisfying result; it’s not completely in line with the most ambitious actors, but it satisfies the less ambitious ones, like Saudi Arabia, Russia, and Iraq
Budapest is opposing Ukraine’s accession to the EU: some believe it is due to ideological reasons, some instead say that it is just another way to leverage concessions from Brussels