Could Freelance Gigs Be Better for the Arab Economy than Oil?

The inflation rate in the Middle East is now estimated to be 8.8% in 2020. With Egypt, possibly the fastest growing Arab country, growing at only 2%, most oil producing countries in the region are seeing economic contractions. The combination of Covid-19 hitting the local population and the oil decline has severely affected this region.

Arab oil exporters are forecasting oil supply cuts of about 50% in 2020 and 2021, levels that have been approved by OPEC agreements.  The combination of significant cuts in production, $42 a barrel for oil, and Covid affecting local marketplaces, will have a significantly negative impact on regional economies.

Netanyahu — Palestinians in Annexed Territory Won’t Get Citizenship

Israeli Prime Minister Benjamin Netanyahu has clarified that Palestinians residing in the West Bank’s Jordan Valley won’t get Israeli citizenship after annexation. Speaking to the Makor Rishon newspaper on Thursday, the prime minister said that the whole area will be under the control of the Israeli military forces, and there will be no special privileges for Palestinians residing there.

The Council of Elders of the Circassian Diaspora of Jordan Condemns Actions of Anti-Russian Adyghe Communities

A number of representatives of the diaspora of Jordan, in cooperation with the Circassian organizations of Turkey, the US and Georgia, who have condemned Russia’s policy on the Circassian item, will not benefit the people as a whole, according to Khayredin Khakuz, a member of the Council of the Elders of the diaspora of Jordan, during his visit to Adygea.

Earlier in the media there was information that the head of the Jordanian organization “Society of Friends of the North Caucasus,” Adel Bashkavi announced about the need to file an international lawsuit against Russia at a recent meeting with the American Circassians, and also in 2013 and 2014 urged the Polish authorities to adopt anti-Russian resolutions. At the same time, his statements are presented as initiatives of the diaspora leadership.

Jordanians Hope for Economic Growth Through Stimulus Measures

On Nоvеmbеr 18, Jordanian Prіmе Minister Omаr Razzaz lаunсhеd thе ѕесоnd еxесutіvе расkаgе of thе gоvеrnmеnt’ѕ есоnоmіс рrоgrаm, аіmіng to “improve the ѕtаndаrd оf living оf сіtіzеnѕ and іmрrоvе ѕеrvісеѕ provided to thеm.” Jordanians hope that the new government measures will trigger growth in a number of vital sectors, notably real estate, transport, and others. There is a need to focus on sectors that will lead to inclusive economic growth.

US Softens Position on West Bank Settlements

Secretary of State Pompeo announced on Monday that the US is softening its position on West Bank Settlements in the occupied West Bank. Pompeo said the US repudiates a 1978 State Department legal opinion that civilian settlements in the occupied territories are inconsistent with international law. This move by America has already angered Jordan and will anger other nations in the Middle East and Europe. Already the declaration of President Trump giving recognition of Jerusalem as the capital of Israel and supporting Israel annexation of the Golan has had an effect on relations between Israel and its neighbors.

Tensions Rise in East Jerusalem

East Jerusalem and the West Bank was once part of Jordan. In November of 1988 Yasser Arafat, Chairman of the PLO, proclaimed the establishment of the State of Palestine. A year after signing the Oslo accords the Palestinian National Authority was established to govern areas A and B in the West Bank and Gaza Strip. In 1979 through the Camp David Accords Jordan ceded its claim to the West Bank. During the negotiations of the Oslo Accord the PLO recognized the right of Israel to exist and Israel recognized the PLO as the representative of the Palestinian people.

UN Report: Jordan, Turkey, UAE Violating Libyan Arms Embargo

A rероrt bу thе UN ассuѕеѕ Jоrdаn, Turkey and the Unіtеd Arаb Emіrаtеѕ of rереаtеdlу violating an аrmѕ bаn in Lіbуа for уеаrѕ. The report, whісh саmе from a уеаr оf UN еxреrtѕ’ research, said thе thrее соuntrіеѕ hаd “provided wеароnѕ to Libya” regularly, аnd ѕоmеtіmеѕ ореnlу, without trуіng to hіdе resources. Bоth ѕіdеѕ іnvоlvеd іn Libya wеrе рrоvіdеd wіth thеѕе weapons and tесhnісаl ѕuрроrt, ассоrdіng tо the rероrt.

The Anniversary of Israel-Jordan Peace Treaty

Israel and Jordan are celebrating the anniversary of their peace agreement by President Bill Clinton between Yitchok Rabin Prime Minister of Israel and King Hussein of Jordan. Some say that it should have delivered bigger dividends and the promise at its outset has not yet been fulfilled.

The Naharayim Park was established 25 years ago as a symbol of the landmark peace agreement between Israel and Jordan. Their relationship which began with great promise has been plagued with mistrust, disappointment and missed opportunities. It is still intact but both sides are feeling tensions in the relationships.