Last week the presidency of Joseph R. Biden began in the U.S with a flurry of executive orders. America has never before witnessed such a robust exercise of presidential power: in a single day, 17 executive orders ranging from the environment to immigration. The previous record was one. Increasingly, as American politics descends deeper into...
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Central Bank cuts interest rate by 50 basis points
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Article Tag: U.S.
Sanctions on the horizon?
Last week, EU members met in Brussels to discuss a host of issues the Union faces in 2021. Sanctions against Turkey were on the table, ostensibly to punish it for what some members claim are its “illegal activities” in the Eastern Mediterranean. But unity in the Union is in short supply these days. The Greek...
Making sense of America
To put it diplomatically, the Trump administration, from the day it took office, has been unusual. No less so the transfer of power, if we can call it that. Since the presidential election was called in Joe Biden’s favor, Trump and his cohorts have acted in ways more akin to a dictatorship, refusing to concede...
In the U.S., a successful election but little solace
The U.S. elections may be over but the political turmoil that has roiled the world’s most powerful nation are really only beginning. For many observers, regardless of who won, the fact that the results were so close, dragging on for days, was the worst possible outcome. The uncertainty and instability will no doubt be felt...
Russia’s unravelling
Russia faces escalating crises that may look manageable individually, but in the aggregate, represent an existential threat to the future of Vladimir Putin’s regime. At the same time, Russia’s woes could offer Turkey some opportunities. But is the AK Party in a position to take advantage? Adnan R, Khan: Could you briefly explain the challenges...
More war in Turkey’s backyard
Last week, another round of fighting broke out between Azerbaijan and Armenia over the Nagorno-Karabakh region. The conflict has been bubbling since the end of the Cold War and has left the Armenians in a state of perpetual poverty with little access to the outside world. A resolution seems difficult to attain because of the...
The Return of Empire?
As old political structures show signs of weakening, the world order as we know it is changing. Traditional powers, the former colonial juggernauts like Britain and France, and to some degree the U.S., are witnessing a waning of their influence around the world. New forces are rising, but are they, like their predecessors, exhibiting imperial...
Israel, the UAE, and shifting sands in the Middle East
This week, the UAE and Israel signed a normalization agreement brokered by the U.S. that, after decades of hostilities, brought a third Arab nation into the fold of peace with the Middle East’s predominantly Jewish state, alongside Jordan and Egypt. The agreement, historic by any standards, has also been controversial. It may signal that Saudi...
Should Turkey worry about a Biden presidency?
If there’s one thing that needs little emphasis, it is that when a senior U.S. politician says something, the world generally listens and reacts. This was again demonstrated last week after a leaked video appeared to show Democratic presidential nominee Joe Biden calling for the ouster of Turkish President Recep Tayyip Erdogan. Turkish media and...
Intrigue in Syria
Strange things are afoot in northern Syria. According to U.S. media reports, a previously unknown U.S. oil company with no exploration experience but deep connections in the U.S. military, has somehow secured a deal with Kurdish authorities who control the region with American backing, to begin drilling and refining operations in the oil-rich Deir Ez-zor...
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