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The handshake between the foreign ministers of Iran and Saudi Arabia in Beijing represents a major win for China and another blow to American interests in the Middle East and Asia.

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Last week, China and Brazil agreed to settle payments for trade in yuan and real, bypassing the US dollar. This is the latest in a series of events pointing to the imminent end of the dollar as the world’s reserve currency.

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Liberals in Israel celebrated China brokering the restoration of relations between Saudi Arabia and Iran, seeing it as a setback for Benjamin Netanyahu. But cooperation between the world’s main Sunni and Shia powers is nothing to cheer.Continue Reading

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ONE OF THE LARGEST banks in America went belly-up Friday, leading to questions about how far this financial contagion will spread.Continue Reading

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The $1.7 trillion omnibus spending bill signed by President Biden prohibits using Border Patrol funding to improve border security, but gives $410 million to Jordan, Lebanon, Egypt, Tunisia, and Oman—for border security.Continue Reading

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China’s president Xi Jinping declared his support Friday for an independent Palestinian state based on the pre-1967 borders. This is a slap at Israel, the US, and Chinese Christians.

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An interfaith group of religious environmental activists broke mock stone tablets on a mountain in Egypt believed by some to be Mount Sinai, symbolizing the need for “climate repentance.”Continue Reading

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Saudi Arabia, Turkey, and Egypt plan to join BRICS, the economic alliance of Brazil, Russia, India, China, and South Africa. The timing is awkward for President Biden as he prepares to meet with the Saudis, but Turkey’s membership is potentially more significant.Continue Reading