Recent Posts

Ukraine: Conflict at the Crossroads of Europe and Russia

Ukraine’s Westward drift since independence has been countered by the sometimes violent tug of Russia, felt most recently with Putin’s 2022 invasion. Introduction Ukraine has long played an important, yet sometimes overlooked, role in the global security order. Today, the country is on the front lines of a renewed great-power …

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Iran’s currency dips to all-time low, basic prices skyrocket

Recently launched government plans to restore stability to the troubled foreign exchange market proved no remedy, as ordinary Iranians continue to see their pockets shrink. At the closure of Iran’s foreign exchange market on Thursday, the country’s national currency, the rial, nosedived to a new record low. A US dollar …

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In shift away from US dollar, Iraq to allow trade with China in yuan

Some countries in the region are increasingly looking away from the dollar. The Iraqi Central Bank said on Wednesday that it will conduct trade with China in its currency, the yuan. “Financing of foreign trade with China will be organized directly using the Chinese yuan,” the bank said in a …

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