Regional UpdatesMEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONAn Egyptian military organization has reportedly taken over the wheat purchasing responsibility of Egypt’s GASC. Mostakbal Misr Agency, an armed forces offshoot, is said to now be fully responsible as the exclusive organization for importing food commodities. The organization will use both international tenders and direct purchase agreements to secure goods. Official publications say that it will “assume all jurisdictions previously held by GASC”.Egypt is reported to have officially advised the Russian Union of Grain Exporters of the change in procurement methods for wheat with Mostakbal Misr as the only Egypt procurement agency. Egypt’s delayed Russian wheat shipment...
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What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...