Evergrande holds direct and indirect responsibility for approximately 3.8 million jobs annually. The prospect of liquidation thus raises concerns about mass unemployment and job insecurity for millions.
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This collective sentiment has garnered a heightened sense of pride and unity against what the population sees as the common enemy- Israel. Moreover, as prominent global actors, including the U.S., engage in dialogue and negotiations with the Houthi faction, the Yemeni population has begun to see the Houthis as a more legitimate governmental body, despite not being officially recognized as Yemen’s government.
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Houthis representative General Yahya Saree says they intend to, “prevent Israeli ships from navigating the Red Sea (and Gulf of Aden) until the Israeli aggression against our steadfast brothers in the Gaza Strip stops,” as reported by the Associated Press.
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This emphasizes the Palestinian goal in this ceasefire: to support the population through the transport of aid into the country. In return for this aid, Hamas agreed to release 50 Israeli hostages.
Read MoreUpward of 80,000 residents of Spain voiced their dissent against the Prime Minister Pedro Sanchez’s announcement granting amnesty to Catalonian separatists in order to garner political influence over the Catalonian parliamentary members.
Read MoreThis idea echoes the fears of most of the Western world: the likelihood of Iran entering is relatively low, but the potential consequences of such an intervention could entail a broader engagement of most of the Arab states, exacerbating the regional conflict.
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In el-Sisi’s opening remarks, he articulated his overarching objectives to establish a framework to end the “humanitarian catastrophe” prevailing the Gaza strip, furthering his position against the “liquidation of the Palestinian cause,” as reported by Al Jazeera.
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On October 18, state-organized protests in support of Palestine took place across Iran, demonstrating the potential for Iran to assume a greater role in the ongoing conflict as reported by Reuters. According to The Guardian, the likelihood of Iran assuming an active role appears to be low, however, if Iran were to become involved, it would carry substantial implications for both the economy and oil prices.
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Next September, the G20 summit is scheduled to convene once again in Rio De Janeiro, Brazil. According to The Guardian, left-wing President of Brazil Luiz Inacio Lula da Silva commented, that Putin can go easily to Brazil. Lula further asserted, “…if I’m Brazil’s president, and if he comes to Brazil, there’s no reason he’ll be arrested,” eliciting much criticism, largely because of Brazil’s inclusion in the 1998 Rome Statute.
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