The main objective of President Joe Biden’s trip to the Middle East last week was to signal to both partners and adversaries that the United States was serious about restoring its strategic position in the region, which has taken considerable hits in recent years. Contrary to conventional wisdom, the visit …
Read More »As Turkey’s economic woes worsen, a new currency crisis is approaching
Turkey’s economic problems continue to go from bad to worse. Its foreign trade deficit has reached a monthly average of $8 billion this year. Amid the sharp rise in global energy prices this spring following Russia’s invasion of Ukraine, the country’s average gross energy imports shot up from $3-4 billion …
Read More »US sends more rocket systems and tactical drones to Ukraine in new $270 million military aid package
President Joe Biden on Friday approved a new $270 million military aid package that will send Ukraine additional rocket systems, ammunition and tactical drones to help that country’s troops combat invading Russian forces, defense officials said Friday. The aid will include four High Mobility Artillery Rocket Systems and accompanying ammunition, …
Read More »Threats, Instability and Disruption in Europe’s South
Russia’s intervention in Syria in September 2016 turned out to have much broader objectives. The development of air and naval bases provided Moscow with platforms for operations in the Mediterranean and in Sub-Saharan Africa. The delivery of S-400 missile systems to Turkey added another major strategic gain. The European Union …
Read More »Erdogan returns emptyhanded from talks with Putin, Raisi
Erdogan fails to enlist Russian and Iranian support for a fresh Turkish military operation in Syria, but he remains bent on maintaining the pressure. Turkish President Recep Tayyip Erdogan returned without any concrete results from talks with his Russian and Iranian counterparts in Tehran, to which he went with a …
Read More »Russia, Ukraine finally reach agreement to sign separate grain deals in Istanbul
The skeptics, this author included, were proven wrong. Turkey, and yes, the UN, got Russia and Ukraine to sign a critical deal in Istanbul that would help stave off a global food crisis as we put this newsletter to bed. Turkey’s President Recep Tayyip Erdogan and UN Secretary-General Antonio Gutteres …
Read More »Подкидной дубак
«Холодная зима в Европе», или О том, как путинский режим торгует страхом За свою почти четвертьвековую историю путинский режим не научился делать ничего — ни в политике, ни в общественных отношениях, ни в экономике. Впрочем, одному в отношениях с Западом он все-таки научился — торговаться. При этом торговлю режим понимает …
Read More »Obligada solidaridad con el norte de Europa
Cuando se produjo la crisis financiera internacional de 2008, fueron los superávits presupuestarios de nuestros socios del norte de Europa quienes, principalmente, proporcionaron la financiación que necesitaban otras economías Se puede reprochar a los últimos gobiernos de Alemania, Países Bajos o Dinamarca, por citar los países más afectados por la …
Read More »Βασίλης Στεφανακίδης
Οι Βόρειοι θέλουν να επιβάλουν την ενεργειακή φτώχεια και στους Νότιους! Όπως όλα δείχνουν, δεν θα έχουμε καλά ξεμπερδέματα στον ενεργειακό τομέα με αυτά τα αντικρουόμενα συμφέροντα που υπάρχουν στην Ευρωπαϊκή Ενωση, όπου ο καθένας προσπαθεί το δικό του πρόβλημα να το μοιράσει και στους άλλους εταίρους.Ποιοι έχουν το μεγαλύτερο …
Read More »The Russia-Ukraine War, Economic Sanctions, And Global Headwinds
The global headwinds in recent times—started by the new great power rivalry, exacerbated by the pandemic, and rapidly accentuated by the Russia-Ukraine war—have begun to take their toll in different parts of the world. Despite major economic, social, and environmental stresses, there is an increased level of domination of geopolitics …
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