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The West has tried to outshine Beijing’s grand trade route multiple times, but can’t muster the will to do it

On the sidelines of the G20 Summit at the weekend, the United States and India unveiled proposals for what has been termed the India-Middle East-Europe Economic Corridor (IMEC) with the backing of the United Arab Emirates, Saudi Arabia, Israel, and Jordan, as well as officials from the EU.

The project, billed as an alternative to China’s Belt and Road Initiative (BRI), seeks to build a commercial route from India through to Europe via the Arabian Peninsula, Israel, and then the Mediterranean Sea. Unsurprisingly, the project’s significance was inflated by the press as “historic” and a “blindside” challenge to Beijing that would doom China’s own mega-infrastructure project.

But such conclusions are misleading, for many reasons. First, not every participant in this new initiative is squarely opposed to China and sees it, as the US does, as a zero-sum game. The Arab countries, including Saudi Arabia, the UAE and Jordan, are not anti-Beijing at all and are part of the BRI themselves. These countries, seeking to diversify their economies from dependency on oil revenue, are seeking new options to consolidate their wealth and thus courting large-scale foreign investments, including from China itself. They want to make themselves the “crossroads” of the world, they do not see such a project through the lens of containment or even geopolitical rivalry, but as creating more benefits for themselves. If Saudi Arabia can get Chinese and Indian cargo going through their country, that’s a double win – it never had to be an “either-or” arrangement for Riyadh......more below

https://www.rt.com/news/582912-us-alternative-china-belt-and-road/

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The Islamic Revolution Guards Corps’ (IRGC) Intelligence Unit says Iran will consider the Israeli regime’s shelters “legitimate targets” if residential areas in the country come under attack.

In a post published on social media platform X on Tuesday, the IRGC said that any strikes on residential areas in Iran would give Iran’s armed forces the right to attack Israeli shelters in the occupied lands.

The IRGC stated that it has intelligence on the blueprints and the exact locations of these shelters.

Iran began its Operation True Promise 4 after the US and Israel launched their joint military aggression against the Islamic Republic in late February by assassinating Leader of the Islamic Revolution, Ayatollah Sayyed Ali Khamenei, and several senior Iranian officials.

In its latest wave of attacks, the IRGC said it rained down missiles on the Israeli regime’s “secure” intelligence facilities in Tel Aviv.

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In a fresh wave of retaliatory strikes, the Islamic Revolution Guards Corps (IRGC) targeted the Israeli regime’s “secure” intelligence facilities in Tel Aviv.

The IRGC’s Public Relations Department said in a statement on Tuesday that it had carried out the 79th wave of its ongoing retaliatory Operation True Promise 4 against the Israeli and American targets.

Deploying powerful Kheybar Shekan, Emad, and Sejjil missiles alongside IRGC Aerospace Force kamikaze drones, the operation successfully breached the regime's multi-layered air defense systems, the statement said.

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The missile strikes triggered widespread panic across Israel and forced the suspension of a Knesset (parliament) session on Tuesday.

...

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