Trade

BRI is not just about trains: telecommunications and energy are key Written byEmre Demir Screenshot from CGTN YouTube channel showing high-speed railway connections built with Chinese investment in Turkey ( Globalvoices.org) – Turkey has strong economic relations with China and is one of the very early partners of the Belt and Road Initiative (BRI). […]

Debt

Is the Russian Economy headed for Collapse?

The Conversation

By Eric Werker, Simon Fraser University | – (The Conversation) – To justify invading Ukraine, Vladimir Putin has painted Russia as a hegemonic power re-asserting its rightful claim to imperial greatness. Yet even before the invasion, Russia’s economic capabilities were hardly capable of sustaining an empire. Now, with foreign sanctions presiding over a plummeting Russian […]

Arab World

Xi announces “New Era” in China-Saudi Relationship with $30 bn. in Deals, as Arabs Seek to Offset Dependence on Washington

Juan Cole

Ann Arbor (Informed Comment) – Al Jazeera reports that Saudi King Salman Bin Abdulaziz on Thursday signed an agreement with visiting Chinese Premier Xi Jinping at the Yamama Palace regarding a “comprehensive strategic partnership” between the two countries. Xi announced that his visit to the kingdom would inaugurate a “new era” in the relationship of […]

Development

Bohra Muslim digital Entrepreneurship shows how religious Communities can help Women Thrive

The Conversation

By Arwa Hussain, Concordia University | – (The Conversation) – Women from religious communities around the world, like the Dawoodi Bohras, are harnessing the potential of social media platforms to set up or expand their businesses and build entrepreneurial networks. The ease of access, wide reach and collaborative nature of these platforms is providing more […]

infrastructure

After oil: what Malaysia and Iran may look like in a post-Fossil Fuel Future

The Conversation

By Rowena Abdul Razak, London School of Economics and Political Science and Asma Mehan, Texas Tech University | – As the devastation of climate change makes the need to decarbonise clearer by the day, countries face the question of what to do with their old fossil fuel infrastructure. While some environmental activists have taken to […]

Banking

In Turkey’s plunging Economy, Conspiracy and Corruption allegations Abound

Global Voices

By Civic Media Observatory | – ( Globalvoices.org ) – Whether on a date or at a family gathering, one topic of conversation is on everyone’s lips in Turkey: the country’s deepening economic crisis. There are several angles to the story. While Erdoğan’s government argues that the country is in an “economic war” against enemies, […]

Banking

Top 7 Ways Iran evaded US Sanctions that Putin could Follow

Juan Cole

Ann Arbor (Informed Comment) – The sorts of sanctions and boycotts the United States and its allies are placing on Russia resemble those applied by Washington to Iran off and on in the past decade, though so far the measures in place against Tehran are still far more severe than what has been done to […]

Russia

Russia in Ukraine: Is Turkey’s neutrality Option Viable?

Middle East Monitor

By Omar Kosh | – ( Middle East Monitor ) – Turkish politicians waited for several days before describing the events in Ukraine as a “state of war”, after first referring to it as the Russian invasion. Russia itself, meanwhile, refers to it as a “military operation”, in order to avoid the consequences, especially those […]

Banking

Turkey’s currency crisis is a textbook example of what not to do with interest rates

The Conversation

By Gulcin Ozkan | – Central banks around the globe are currently staring at inflation rates unseen in more than 20 years. Supply chain problems and labour shortages arising from the pandemic, combined with sharply rising food and energy prices, have pushed prices up by as much as 6.2% in the US, 4.2% in the […]