Eurasia

Iran, Iraq sign security deal boosting border cooperation

The deal follows the Islamic Republic escalating its attacks on Kurdish groups in Iraq amid the ongoing protests in Iran. Iran and Iraq signed a security agreement on Sunday. The deal follows Iran’s cross-border attacks on Kurdish groups in Iraq and demonstrates the Islamic Republic’s continued sway over its neighbor. …

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The clash of two cities: Erbil, Sulaymaniyah, and the future of Iraq’s Kurdistan

The most successful Kurdish political experiment in West Asia is unravelling due to increasing divisions between the KDP and PUK, the two biggest political parties in Iraqi Kurdistan. Iraq’s Kurds, as with other mainly Iranic populations across western and southern Asia, are busy preparing to celebrate Nowruz on March 21, …

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Erbil oil revenues to come under Iraqi supervision

The move continues a trend reversing aspects of Kurdish autonomy gained since the 2003 US invasion of Iraq For the first time since 2002, oil revenues from Iraq’s Kurdistan Regional Government (KRG) will be transferred to a bank account supervised by the Iraqi central government, state-run Iraqi News Agency (INA) …

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Saudi finance minister says investments in Iran can happen ‘quickly’

Tehran and Riyadh recently agreed to restore diplomatic relations under the auspices of China Saudi Finance Minister Mohammed al-Jadaan said on 15 March that investments in Iran could happen “very quickly” following the signing of a normalization agreement. “There are a lot of opportunities for Saudi investments in Iran. We …

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Russian-Turkish ‘co-opetition’ from Syria to Nagorno-Karabakh

At a time when conflicts are increasingly interconnected, and provide tactical levers to assert pressure elsewhere, the competition between Russia-Iran and Turkiye in Syria and the South Caucasus is destined to overlap. Despite their robust diplomatic relations, Turkiye has been in direct competition with Russia and Iran in two major …

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Dead on arrival: The US plan to train PA ‘special forces’ in the West Bank

Despite being in conflict with armed resistance factions in the West Bank, Palestinian Authority forces have also collaborated with them, posing a challenge to those who seek to divide Palestinians. The Palestinian Authority (PA) has reportedly agreed to implement a controversial US proposal aimed at restoring its control over northern …

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Why The Bank Crisis Isn’t Over – Analysis

The crashes of Silvergate, Silicon Valley Bank, Signature Bank and the related bank insolvencies are much more serious than the 2008-09 crash. The problem at that time was crooked banks making bad mortgage loans. Debtors were unable to pay and were defaulting, and it turned out that the real estate …

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Bitcoin And Geopolitical Rivalry – Analysis

Bitcoin, the flagship stateless cryptocurrency, is a double-edged sword that can either strengthen or harm national power. As financial warfare becomes increasingly complex, this decentralized cybercurrency is acting as a versatile strategic instrument of statecraft that can play various roles under confrontational geopolitical circumstances. This under-researched subject matter needs to …

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The Saudi–Iran Rapprochement – Analysis

In a major breakthrough, on 10 March 2023, Saudi Arabia and Iran signed an agreement to restore their diplomatic relationship, which was severed in 2016 after the Saudi Embassy in Tehran and Consulate in Mashhad were ransacked by protesters demonstrating against the Saudi execution of Shia cleric Nimr Al Nimr. …

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BATTERED BY SANCTIONS AND SHAREHOLDER EXITS, IS END NIGH FOR RUSSIAN ‘SPY BANK’ IN HUNGARY?

The clock is ticking for the Budapest-based International Investment Bank as its desperate search for cash or new shareholders looks increasingly hopeless. February could prove to be a defining month in the more than 50-year history of the Russian-led International Investment Bank (IIB) – one which a growing number of …

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