Ankara took a slap to the chops as Turkic Central Asian states inked an investment-linked deal on relations with Brussels that pointedly included no recognition of the Turkish Republic of Northern Cyprus.
Wider region increasingly seen as arena in which major powers’ interests, such as in sourcing critical minerals, collide and converge.
Will he need a lawyer? Perhaps not considering how the Erdogan administration routinely ignores supposedly weighty court rulings.
Capital markets are essential for driving economic activity, providing mechanisms for raising funds and allocating resources efficiently. The stability of these markets and the financial institutions that intermediate them are critical.
Global public debt is set to rise to 95% of GDP this year and will continue to climb in the next years to top 100%, says the IMF.
Azerbaijan has shifted its traditional foreign policy strategy by making inroads into regions far beyond the post-Soviet space, including the Balkans, Middle East, and more recently Sub-Saharan Africa.
A new global economic paradigm is taking shape as major economies pivot towards policies rooted in narrow national self-interest, a shift that political analysts at Oxford Economics believe will have lasting repercussions.
The global economic system under which most countries have operated for the last 80 years is being reset, ushering the world into a new era.
A wave of erratic tariff announcements from the United States has further battered already the already weak Eurozone economic indicators, with last week's sharp decline in the ZEW Economic Sentiment Index collapsing further.
Monetary power can be abused by irresponsible leader who wants to preside over boom but doesn’t want to hear about risks, he says.
“How did a nice boy from Oklahoma end up living in Russia?” bne IntelliNews editor at large Liam Halligan asked legendary Russia investor Michael Calvey, a legend in the Moscow investment world, in his “When the facts change” podcast.
In a surprisingly negative article for the normally pro-Ukraine The Economist, the magazine has heavily criticised Ukrainian President Volodymyr Zelenskiy for monopolising power and undermining its democratic institutions.
"The global wave of democratic backsliding may have begun in Turkey. I believe the pushback will begin here, too," says chief political rival to country's long-ruling president Erdogan.
Fundamentally, the extreme tariffs on China are the exact same mistake as the sanctions on Russia and will have the same principal effect: to prove in the eyes of the world the impotence of the United States.
US President Donald Trump has made it clear that he wants to do business with Russia and tap into its vast raw material resources. But restarting the Nord Stream gas pipeline is the only US-Russian business project that looks viable.
US Treasuries are not behaving as a safe haven. They have cheapened versus the risk free rate, in a significant manner. The 3yr auction was a mess. There is now heightened nervousness ahead of the 10yr auction. Is 'sell America' a thing now?
Erdogan's trolls must have been splitting their sides as CHP leader got himself re-elected unopposed.
Serbia's long path to EU membership remains uncertain under its current leadership, which “sits in four chairs”, according to the European Parliament rapporteur for Serbia, Tonino Picula.
“Just as certain classes of medication are sometimes in vogue and prescribed to help with all kinds of ailments, it seems that US President Donald Trump and his team have stumbled upon a magical remedy for all the world’s problems: tariffs.”
US President Donald Trump’s Liberation Day tariffs on European imports – set at 20% for EU member states and 10% for the UK – are poised to curtail revenue and profitability growth across several corporate sectors in Europe, according Fitch.