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Feb 16, 2024 | 
trtworld.com | Bilal Bagis
Türkiye has promising economic prospects. However, it needs exports and new external markets, to grow sustainably. This matters particularly in an era where cross-border deficits, financing of these external deficits, and dependence on commodity imports are gaining an ever-increasing prominence. Likewise, current account (CA) deficits have also long been deemed the ultimate source of almost all evil hovering over modern economies.
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Nov 2, 2023 | 
politicstoday.org | Global Implications |Muhittin Ataman |Bilal Bagis
Months after the sudden demise of its founder, Yevgeny Prigozhin, in a plane crash, the Wagner paramilitary group has recommenced its recruitment drive in several Russian regions, local media sources confirm. In a significant shift, the group is now operating under the Russian National Guard, or Rosgvardia, and is spearheaded by Pavel Prigozhin, the 25-year-old son of the late Yevgeny Prigozhin.
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Nov 2, 2023 | 
politicstoday.org | Muhittin Ataman |Bilal Bagis |Global Implications
China and the United States are slated to hold discussions on nuclear arms control next week, marking the first such dialogue since the Obama administration, according to a report from the Wall Street Journal. The announcement comes after Foreign Minister Wang Yi’s recent visit to Washington.
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Nov 1, 2023 | 
politicstoday.org | Bilal Bagis
In a significant development, Yemen’s Houthi militia claimed responsibility for attacks on Israel on October 31 and November 1, 2023. The group announced that it had launched a “large batch” of ballistic missiles, cruise missiles, and drones towards various Israeli targets. According to Yahya Sarea, the Houthi military spokesperson, this attack was in response to the “brutal Israeli-American aggression” observed in Gaza.
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Aug 14, 2023 | 
politicstoday.org | Batuhan Aca |Ezgi Yaramanoglu |Muhammet Ali Oruç |Bilal Bagis
On October 1, 2023, the European Commission will regulate all trade with non-EU countries. This new regulation aims to decarbonize trade by discouraging exporters who sell carbon-intensive products. Industrial goods such as cement, iron, steel, and fertilizers will be subject to certification requirements as to whether they are carbon-free. Such a policy jeopardizes Turkish exports to Europe which account for more than 50% of Turkey’s trade balance.
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Aug 10, 2023 | 
politicstoday.org | Bilal Bagis |Zafer Meşe |Muhammet Ali Oruç |Ezgi Yaramanoglu
Gold has long been considered a safe haven asset. Together with foreign exchange reserves and assets, it forms an integral part of a country’s reserves. Gold can facilitate trade, either in national currencies or in digital currencies. Moreover, wars, geopolitical tensions, financial crises, and high price volatility can all lead to increased demand for gold. However, recently, political impulses have played a relatively greater role than fundamental supply-demand or arbitrage dynamics.
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Aug 3, 2023 | 
politicstoday.org | Ezgi Yaramanoglu |Muhammet Ali Oruç |Bilal Bagis |Şeymanur Melayim
Insurgency and counterinsurgency are two interconnected and age-old facets of warfare that have shaped the course of history in numerous regions around the world. Rooted in the struggle for power, resources, or ideological dominance, insurgencies represent the defiant uprisings of dissatisfied groups or individuals against established authority.
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Jul 13, 2023 | 
politicstoday.org | Bilal Bagis |İbrahim Karataş |Marwen Ben Jannena |Sibel Duz
At the end of June, the World Bank Group approved a $1 billion financing package for the earthquake-hit region of Turkey as part of the total $1.8 billion in financial assistance agreed upon earlier. This part of the financing will focus on public services and rural housing.
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Jul 12, 2023 | 
politicstoday.org | Marwen Ben Jannena |Sibel Duz |Bilal Bagis |Mehmet Salah Devrim
Since the beginning of the Russia-Ukraine war, NATO and its close partners have increasingly provided military support to Ukraine. The nature of the support has changed over time and some policies that were previously avoided in order not to cross Russia’s “red lines” have been chosen. For instance, after much controversy, Germany authorized the delivery of Leopard tanks to Ukraine. Britain provided Challenger tanks. Poland and Slovakia gave Ukraine MiG-29 aircraft.
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Jul 12, 2023 | 
politicstoday.org | Murat Yesiltas |Marwen Ben Jannena |Sibel Duz |Bilal Bagis
Since the beginning of the Russia-Ukraine war, the scope of support for Ukraine has been diverse and constantly expanding. Supporting Ukraine has now become a trend with weapons and platforms of strategic value being provided to the country. The support has been effective, especially in Ukraine’s newly launched operation. Yet, this effect is only visible in certain areas and the military support is not enough to ensure Russia’s withdrawal from all regions it occupied.
