Qatar’s foreign policy: Change of tack | The Economist

"

EVER the astute investor, Qatar is beginning to worry about throwing good money after bad. The tiny but mega-rich emirate had poured $8 billion in Egypt since the revolution two-and-a-half years ago and perhaps another $9 billion to bankroll Islamists in Libya, Syria and Gaza, the Palestinian enclave run by Hamas, an offshoot of the Muslim Brotherhood. But from Qatar’s point of view these places suddenly, since the fall of Egypt’s Islamist president, Muhammad Morsi, no longer look like the winning horses they once did. Loathe to see more money go to waste, Qataris now speak of a new mood of pragmatism among their leaders. Words like “reassessment”, “recalibration” and “corrections” pepper Qataris’ discussion of their foreign policy."

'via Blog this'