Recent Posts

The Risks of Russia’s Growing Dependence on the Yuan

One of the biggest problems Russia is currently facing is managing its foreign trade transactions. The country’s main banks have been cut off from SWIFT; the number of transborder transaction channels has decreased drastically; and it has become much harder to conduct transactions in dollars and euros. The government is …

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Greece, Albania, Kosovo send rescue teams to earthquake-shaken Turkey

The governments of Greece, Albania, and Kosovo have reacted with shock to the series of powerful earthquakes that shook Turkey on Sunday and Monday, pledging on-the-ground assistance and aid. A 7.8 and 7.5 earthquake struck southern Turkey and northern Syria on Sunday night. At the time of writing, more than …

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Bulgaria at risk of being without fighter jets for two years

Bulgaria is at risk of being without combat aviation for the next two years as maintenance of its outdated MiG29 fighters will not be completed before it receives its first F-16s from the US. By the end of this year, Bulgaria’s eight MiG-29 fighter jets are to be grounded, and …

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