Trade

By Rowena Abdul Razak, London School of Economics and Political Science and Asma Mehan, Texas Tech University | – As the devastation of climate change makes the need to decarbonise clearer by the day, countries face the question of what to do with their old fossil fuel infrastructure. While some environmental activists have taken to […]

Banking

In Turkey’s plunging Economy, Conspiracy and Corruption allegations Abound

Global Voices

By Civic Media Observatory | – ( Globalvoices.org ) – Whether on a date or at a family gathering, one topic of conversation is on everyone’s lips in Turkey: the country’s deepening economic crisis. There are several angles to the story. While Erdoğan’s government argues that the country is in an “economic war” against enemies, […]

Banking

Top 7 Ways Iran evaded US Sanctions that Putin could Follow

Juan Cole

Ann Arbor (Informed Comment) – The sorts of sanctions and boycotts the United States and its allies are placing on Russia resemble those applied by Washington to Iran off and on in the past decade, though so far the measures in place against Tehran are still far more severe than what has been done to […]

Russia

Russia in Ukraine: Is Turkey’s neutrality Option Viable?

Middle East Monitor

By Omar Kosh | – ( Middle East Monitor ) – Turkish politicians waited for several days before describing the events in Ukraine as a “state of war”, after first referring to it as the Russian invasion. Russia itself, meanwhile, refers to it as a “military operation”, in order to avoid the consequences, especially those […]

Banking

Turkey’s currency crisis is a textbook example of what not to do with interest rates

The Conversation

By Gulcin Ozkan | – Central banks around the globe are currently staring at inflation rates unseen in more than 20 years. Supply chain problems and labour shortages arising from the pandemic, combined with sharply rising food and energy prices, have pushed prices up by as much as 6.2% in the US, 4.2% in the […]

Banking

The Collapse of Turkey’s Currency fuels Power Struggle

Middle East Monitor

By Bakr Sidqi | – ( Middle East Monitor ) – On what was called “Black Tuesday” in the media this week, the value of the Turkish lira against foreign currencies declined sharply, bringing the exchange rate to 13.5 Turkish liras to the US dollar. While experts on the matter in Turkey and elsewhere are […]

Australasia

North America needs to invest in Green Energy in Indo-Pacific or Risk losing key Industry to China

The Conversation

By Jonas Goldman | – The Indo-Pacific region, which includes 24 nations and stretches from Australia to Japan and from India to the U.S. west coast, is home to both the largest concentration of humanity and the greatest source of global emissions. In 2020, the region produced 16.75 billion tonnes of carbon dioxide from the […]

China

China Emerging as Competitor to Tesla: Will it build the best Cars in the World?

The Conversation

By Tom Stacey ” Europeans and other western nations have dominated automotive excellence for over a century. Whether it is the satisfying thud of the door closing on a Volkswagen from Wolfsburg, or the beauty of a Ferrari from Modena, these brands are iconic – and very lucrative for their manufacturers. When we think of […]

Afghanistan

Taliban seek China as Silk Road reconstruction Partner

Middle East Monitor

Ali Hussein Bakir | – ( Middle East Monitor) – In an interview conducted recently with an Italian newspaper, the Taliban movement spokesperson, Zabiullah Mujahid, pointed out that the movement was ready to rely on China economically in its bid to manage the country following their swift takeover after the US troops withdrawal from the […]