Όταν το Κόμμα Δικαιοσύνης και Ανάπτυξης αναλάμβανε την εξουσία στην Τουρκία το 2002, η τουρκική λίρα ήταν σχεδόν ισότιμη με το ευρώ. Σήμερα, ένα ευρώ αξίζει 12,5 λίρες. Μέχρι και το 2013, η τουρκική οικονομία παρουσιαζόταν ως ένα success story νεοφιλελεύθερων μεταρρυθμίσεων που περιλάμβαναν δημοσιονομική πειθαρχία, απορρύθμιση των σχέσεων εργασίας …

Bosnia-Herzegovina could be on the brink of a political collapse that triggers a new conflagration in the Balkans. There is a growing consensus among experts that this is the country’s most dangerous moment since the 1995 Dayton Accords, which ended a war that cost 100,000 lives and displaced more than …

Introduction As the momentum of global economic gravity continues to shift towards East Asia, the contours of a new economic and political geography within South Asia are also becoming visible with enhanced connectivity among western China, Pakistan and Central Asia. Led by China’s Belt and Road Initiative (BRI), this transition …

According to the official readout, in their virtual summit this week, US President Joe Biden and Chinese President Xi Jinping discussed ‘managing competition responsibly’. For Biden, the talks were a chance to press Xi on China’s actions in Hong Kong and its assertive posture in the Taiwan Strait, as well …

Somalia this week elected two Members of the Lower House of Parliament in polls delayed by a year, mainly by political infighting. That means it still has to elect 273 more seats by 24 December, and those elected MPs must in turn vote for a president for the ‘democratic’ transfer …

Three crises along Russia’s borders offer an insight into how the Kremlin tries to translate turbulence into geopolitical profit. From Belarus to Ukraine to Georgia, an arc of instability has emerged, offering opportunities for malign activities by foreign powers. This has proved too tempting for Vladimir Putin’s Russia, which openly …

High oil prices are a symptom of economic and monetary imbalances, not just a consequence of Organization of the Petroleum Exporting Countries (OPEC) decisions. Throughout history, we have seen how OPEC cuts have done little to elevate prices when diversification and technology added to rising efficiency. Likewise, OPEC output increases …

Manifesting Communist China’s current supercharged aggressive mood US President Joe Biden’s well-intentioned political outreach in November 2021 to Communist China to defuse highly surcharged strategic environment over Taiwan was imperiously rebuffed by President Xi Jinping. Perceptional analysis of this Virtual Meet TV Visuals clearly indicates that not only the body-language …

Russia’s troop buildup along the Ukrainian border is drawing alarm from U.S. officials who are warning of a potential new invasion. Ukrainian officials estimate 90,000 Russian troops are now positioned along the border and in Russian-controlled parts of eastern Ukraine. The issue topped the agenda earlier this month when Secretary …

As soon as the People’s Republic of China was established in 1949, China and the Middle East faced a series of challenges. In recent years, China’s influence in the region has expanded due to its economic interests in energy, trade, infrastructure construction, and diplomatic contacts with the region’s countries. This …