Importance of Middle Corridor grows
In the context of sanctions against Russia, due to a special military operation in Ukraine, a threat loomed over the traditional routes of cargo flows in the space of Eurasia
Analysis
page 6
Dollar approaches 20-year highs
The dollar held just below a 20-year high against a basket of currencies on Monday
Turkey’s tourism sector pins hope on vacationers from Saudi Arabia, UAE
The diplomatic steps Turkey has recently taken as part of the normalization of relations with Saudi Arabia and the United Arab Emirates (UAE) are reflecting on business as well. Accordingly, Turkish tourism representatives expect a high …
Why Turkey and Saudi Arabia are resetting relations
On 28 April Turkey’s President Recep Tayyip Erdogan landed in Saudi Arabia for a two–day visit for the first time in around five years. The trip came after several attempts to repair ties amid the acute shift …
Turkey-EU migration agreement no longer effective
Turkey's role as a transition zone for refugees attempting to get to Europe is under severe strain as the numbers rise, the costs spiral and its own economic and social woes mount. According to …
Is Iran a regional power hub?
In light of Iran and Qatar’s recent electricity grid connection, Iran should seek to expand its energy diplomacy and utilize its electricity sector to strengthen economic cooperation and regional security in the Middle …
Dependence on China shrinks the US economy
A leap in America’s trade deficit during the first quarter pushed US GDP down at a 1.4% annual rate, the Commerce Department reported April 28. The consensus forecast called for 1% growth. A massive increase in US imports knocked 3.2% …
Kyrgyzstan alarmed by Tajikistan’s reported purchase of Bayraktar drones
Officials in Kyrgyzstan have voiced alarm over reports that neighboring Tajikistan may have bought Bayraktar TB2 unmanned aerial vehicles from Turkey, an acquisition that would mark a major development in the arms race unfolding between the …
Turkey awaits inflation
According to Bloomberg, Turkey is set to raise inflation forecasts after consumer prices surged to nearly …
Former prime minister of the Kyrgyz Republic: The yuan should be actively used in Central Asia
Between 2000 and 2020, the Central Asian economy grew faster than the global economy, resulting in higher household incomes and reduced poverty (Fig. 1). It was driven mainly by increases in energy prices. The most impressive per capita …
Musk’s Twitter takeover: Win for free speech or reason for a wealth tax?
US lawmakers on the right and left viewed Elon Musk’s $44 billion Twitter purchase as either the return of free speech or proof that billionaires should pay higher taxes
Who's afraid of North Korea?
Allied Defenses Against North Korean Nuclear Weapons Are Poor – North Korea just put on another military parade, asserting once again a belligerent posture on the use of its nuclear weapons
China expects new outbreaks of coronavirus
China’s capital reported 22 cases as it kicked off an ambitious mandatory testing campaign across the city and reassured residents that food and other supplies were plentiful
US becomes Turkey's second biggest gas supplier
While Europe looks to American liquefied natural gas as a short-term alternative to Russian gas, Turkey may have to turn back to its neighbors to ensure it has sufficient supplies
OSCE Minsk Group fate sealed
President Ilham Aliyev’s recent remarks in the city of Shusha have reaffirmed Azerbaijan’s final stance on the future of the Minsk Group of the Organization for Security and Cooperation in Europe (OSCE). The head of …
Are Azerbaijan and Armenia ready to sign a peace treaty?
The former conflict between Azerbaijan and Armenia in the South Caucasus was a major threat to stability and economic integration in the region. However, the 44-Day War between the two South Caucasus countries changed the geopolitical …
How is the Turkish operation against the PKK going?
Turkey aims to completely block Turkish-Iraqi border access to the Kurdistan Workers' Party (PKK) by capturing the remaining land corridor, effectively ending nearly 40 years of PKK infiltrations, sources close to the …
The West froze Russia’s foreign reserves. Should Asia be worried?
In Asia, the size of a country's foreign reserves is a source of pride. But the U.S. Treasury gave Asia’s bankers a rude awakening when it cut off access to about half of Russia’s $630 billion in reserves held …
Oil-rich Iraq suffers without gas
Iraqis have been facing power outages for more than 30 years, despite Baghdad being amongst the top 10 oil-rich countries in the world. Iraq plans on signing a deal with Qatar next month to import liquified natural gas (LNG) as it moves …
Why oil futures climb on
Crude oil futures Thursday were up on the day as production worries around Libya and Russia came back to the forefront, but broader economic concerns and record US exports pared gains
