2018: End Of The Year Review - part 2
In this edition of Economic Divide, the year in review of part 2, Asia, the Middle East and Africa will be reviewed.
In Saudi Arabia, analysts say the new crown prince is struggling to transform the kingdoms economy. Mohammad Bin Salmans vision 2030 focuses on privatization and less reliance on oil. Saudi Arabias war on Yemen has not achieved any of its stated goals. Almost daily Saudi air strikes in 2018 have damaged much of the countrys infrastructure.
In May, the administration of US President Donald Trump unilaterally pulled out of the Iran nuclear deal. Trump claims the deal fails to address Irans influence in the region and its missile program. 2018 has seen more suffering for Palestinians, especially those living in the Gaza Strip.
The world bank says Gazas economy is collapsing because of a devastating decade long Israeli land, air and sea blockade. The two largest economies in the world, the US and China, have been locked in an escalating trade war. The US President has complained about what he claims is unfair Chinese trading practices.
The number of people living in extreme poverty in sub-Saharan Africa has continued to rise this year. According to forecasts by the World Bank, nearly nine in ten extremely poor people will live in Sub-Saharan Africa by 2030.
Hackers break into Israeli military’s computers, access trove of documents
Tulkarm Brigade commander killed by Israeli forces in raid on refugee camp
Pro-Zionist media desperately trying to turn Israeli defeat into victory: Iran
VIDEO | Press TV's news headlines
Iran censures US veto of Palestinian request for full UN membership
Over 14,000 kids killed in Israel’s war on Gaza: UNICEF
VIDEO | Iran’s National Army Day marked at the Iranian embassy in Moscow
VIDEO | Iranian culture fosters further development, understanding in SA
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