All the countries abutting on the Red Sea and on the Gulf of Aden as well as the East African coast will gain in economic, political, and strategic importance as soon as the Suez Canal is reopened to shipping. The present article discusses the situation in an important subregion of this area,...

In the debate about a possible exit of Greece from the euro area, Argentina is often referred to as an example - both by those in favour of and those warning of the adverse effects of a Grexit. Yet, while Argentina pulled off an impressive economic recovery after its 2001-02 crisis - one that...