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Turkey’s Spymaster: The Making of a Hero

An impressive campaign by Hakan Fidan’s media team has made almost an entire nation worship him. I received a text message from my Persian yoga teacher asking, “Is Hakan Fidan the new [Mohammad] Mossadegh for CIA and Mossad?” I was baffled by the comparison between the head of the Turkish …

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Iran’s IRGC speed boats ‘harassed’ ship in Strait of Hormuz: US Navy

There have been several incidents involving US and Iranian naval forces in the strategic waterway in recent years, prompting the US to increase patrols. The US Navy said an American destroyer and UK Navy frigate responded to a distress call by a commercial ship pursued by fast boats belonging to …

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Inflation in Turkey drops below 40% in May as Erdogan forms economic team

As Turkey’s annual inflation eases further in May, eyes are on the policies the reelected president’s new economic team will pursue with Mehmet Simsek at the helm. Turkey’s year-on-year inflation dropped to 39.59% in May, official data released on Monday showed, broadly in line with expectations after the government made …

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Saudi Arabia set to host major China business conference, as ties grow

The kingdom wants to diversify its economic partnerships and values China with regards to energy and geopolitics, according to one expert. Saudi Arabia and China will participate in a business conference in Riyadh this month, expected to draw major businesses and investment firms, as the kingdom continues to pursue stronger …

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Iran set to reopen embassy in Saudi Arabia after 7 years of closure

The move is the latest sign of rapprochement between the two countries since reaching a China-brokered deal to resume ties. Iran will reopen its diplomatic missions in Saudi Arabia on Tuesday, the Iranian Foreign Ministry said, months after the two countries signed a China-brokered agreement to restore ties after a …

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Who is Hakan Fidan, Turkey’s new foreign minister with spy powers?

Fidan will come under spotlight after steadily keeping a low profile during his tenure as the nation’s youngest spymaster. Turkey’s shadowy and low-key intelligence chief Hakan Fidan is set to step into the limelight and take the helm of the country’s diplomacy after Turkish President Recep Tayyip Erdogan tapped him …

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Sanctions On Russia’s Businesses Haven’t Worked

Following Russia’s invasion of Ukraine in 2022, Western governments implemented a suite of sanctions on Russian businesses, escalating the sanctions they implemented following Russia’s annexation of Crimea in 2014. The goal in both cases was to inflict enough pain on Russian elites that they would pressure Vladimir Putin to reverse …

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Conflict, Migration, And Demography In Russia And Its Border Regions – Analysis

For centuries, Russian authorities have modified their approach to managing the country’s large, diverse population, held together by an ethnic Russian core. The war in Ukraine has again altered the Kremlin’s strategy of managing its complex domestic demographics. Despite the absence of a clear definition of “ethnic group,” the term …

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Gulf Support For Turkey’s Erdogan Is About More Than Economics – Analysis

When jailed Turkish politician Selahattin Demirtas apologized for his pro-Kurdish party’s poor performance in recent Turkish elections, he did more than take responsibility. Mr. Demirtas implicitly questioned the notion that Turks vote primarily along ideological and identity lines rather than based on assessing which party will best further their economic …

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Central Banks Can Fend Off Financial Turmoil And Still Fight Inflation – Analysis

Recent events have shown central banks and policymakers can deal with sizable financial stress without compromising their inflation-fighting stance. Regulators and central banks were able to contain contagion from the collapse of Silicon Valley Bank and other US regional banks, as well as Credit Suisse in Switzerland, without retreating on …

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