Pakistan currency faces a plethora of economic problems caused by decades of domestic mismanagement, a US led war on terror in which Pakistan’s supporting role has cost lives and money with not so much as a “thank you” paid back in kind and a global economic scenario wherein the currencies of virtually all developing economies…
The Turkish lira fell 22% on Friday before recovering to 17% on the backdrop of the Trump administration’s announcement to double the tariffs on imports of Turkish steel and aluminum. The tariffs affect Turkish exports worth more than $1 billion in trade with the United States. The US was the top destination for Turkish steel…
Friday, deep into the 17th year of America’s longest war, Taliban forces overran Ghazni, a provincial capital that sits on the highway from Kabul to Kandahar. The ferocity of the Taliban offensive brought U.S. advisers along with U.S. air power, including a B-1 bomber, into the battle. “As the casualty toll in Ghazni appeared to…
Two years ago on 15 July, Turkey witnessed the bloodiest coup attempt in its political history. A faction in the Turkish military launched a coordinated operation in several major cities across Anatolia to topple the government and unseat the country’s strongman president, Recep Tayyip Erdogan. What happened next was something unprecedented: thousands of ordinary Turks,…
Several Arab states reportedly warned Israel about Turkish influence in Jerusalem. The Israeli information outlet Haaretz published an article over the weekend claiming that Jordan, Saudi Arabia, and the Palestinian Authority all shared their worries with Tel Aviv about Turkey’s growing influence in the Holy City. According to the publication, they warned how Ankara is…
To the utter despair of stoic defenders of “Western values,” Europe is now condemned to suffer two populist autocracies on its eastern borders: Putin’s Russia and Erdogan’s Turkey. For the EU’s political leaders, the only accepted narrative is blanket, hysterical condemnation of “illiberal democracies” distorted by personal rule, xenophobia and suppression of free speech. And…
