RUTHFULLY YOURS

https://www.frontpagemag.com/islamic-revolutionary-guards-commander-threatens-to-shut-down-mediterranean/

Brigadier General Mohammad Reza Naqdi, an Iranian Islamic Revolutionary Guards Corps commander, has recently been crowing about how the Islamic Republic of Iran had managed to disrupt traffic in the Persian Gulf, and now it is doing the same in the Red Sea. Full of braggadocio, he threatens that now the Islamic Republic will close off the entire Mediterranean Sea, and keep it closed until Israel halts its war in Gaza.

The Arabs call the Mediterranean El-Bahr el-Abiadh el-Moutawwassit, “la mer blanche du milieu” in French, and “the white sea in the middle [of the world]” in English. In the time of the Barbary Pirates, Muslim corsairs from North Africa would attack ships of the Christian powers throughout the Mediterranean, seizing the ships and enslaving their Christian seamen. Payment of a large ransom could sometimes, but not always, obtain the freeing both of the sailors and of the ships. Such attacks came to an end when the seamen of the young American Republic made war, successfully, on those they called the Barbary Pirates, and thereby put paid to those attacks on Christian ships by Muslim privateers. The Iranians ought to remember that history; it did not end well for the Muslims.

More on the threats of the Iranian boaster Brigadier General Mohammad Reza Naqdi can be found here: “Iran threatens Mediterranean closure over Gaza, without saying how,” i24News, December 23, 2023:

Iran-backed Houthis in Yemen has over the past month attacked merchant vessels sailing through the Red Sea as the group threatens to hit any Israel-linked ship. The series of incidents led some shipping companies to switch routes.

https://compactmag.com/article/china-is-winning-the-global-south

China’s Belt and Road Initiative has transformed the economies of the Middle Kingdom and of the Global South. By 2019, China had relocated a high proportion of labor-intensive industries like textiles, apparel, toys, sporting goods, and footwear, to the benefit of Vietnam, Indonesia, Bangladesh, and other low-cost venues. By the following year, China had lent $1.5 trillion to developing countries across the world to finance exports and investment. Today, China exports more to the Global South than to all developed markets combined.

What’s less appreciated in the West is the profound impact of what Chinese officials call the Digital Silk Road: Beijing’s effort to penetrate the Global South’s digital ecosystems, especially via artificial intelligence, thus reshaping entire regional political economies to its preferences.

In 2015, as an investment banker working for a Hong Kong boutique, I arranged a tour of the Chinese tech conglomerate Huawei’s Shenzhen headquarters, with its sprawling exhibit hall, for the Mexican ambassador to Beijing. At the end, we sat in a small amphitheater to hear a Huawei employee lecture the Mexicans on how broadband could transform their economy. It was a well-researched pitch, and afterward, I learned that the firm has developed detailed, customized digital plans for 100 countries.

The combination of mobile broadband and AI portends an economic upheaval in parts of the Global South, starting in developing Asia. AI is a poor substitute for the higher functions of the human brain, but it works wonders in relieving drudgery for some of the world’s poorest people.

Three-fifths of global employment is informal, outside the margins of the world market, insecure, excluded from government services, and miserably poor. A cheap smartphone might cost 30 percent of the monthly income of the world’s 2.5 billion poorest people, but it connects them to the world economy. Impoverished people trapped in subsistence agriculture and the barter economy become entrepreneurs. In a recent study for American Affairs, I used World Bank data to show that once internet penetration reaches a threshold of 60 percent, business formation in the Global South jumps dramatically.