The GCC aid package for Bahrain illustrates how massive capital flows underlie the contentious politics and strategic alliances within the Gulf and broader Middle East.
President Abed Rabbo Mansour Hadi’s own struggle for political legitimacy stems from the same complexities of Yemeni politics that some Yemeni officials claim its coalition partners fail to comprehend.
In the absence of dramatic new developments, it appears that the Trump era is likely to witness the continued unraveling of the dominance the U.S. has enjoyed since the mid-1970s and the rise of a multipolar great power competition for power and influence in the Middle East.
