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New Eastern Outlook

Middle East

Turkey and Russia: the future for bank payments...

Many specialists believe that, as a result of anti-Russian sanctions and US pressure on business, and particularly on the Turkish financial system, starting from January this year Turkish banks have had to stop or freeze bank payments to Russian partners and refuse to service transactions involving Russian legal entities. If this situation persists it will naturally have a negative impact on the overall trade balance between the two countries. But there is always a solution – it is just a matter of price. The development of trade and economic relations between Russia and Turkey is closely dependent on the availability of financial support…

Alexandr Svaranc

The lack of a "Credible Plan" to manage the evacuation of civilians from Rafah is the plan!

Looking at the situation in Gaza reminds me of a quote from the novel “Brave New World”, to learn a lesson between historical developments and the dystopian vision presented in Aldous Huxley’s novel “whereby the first half of the 20th Century was the era of the technical engineers, the second half may be the era of the social engineers” – and the 21st Century, I suppose will be the era of World Controllers, the scientific caste system, and the Brave New World…

Seth Ferris

Turkey is heading for changes in its financial system, and replacing the head of the Central Bank

The financial crisis in Turkey calls for a tight monetary policy and a tough banking regulator. But Turkey’s Central Bank is being headed by one US business school graduate after another. But how will Fatih Karahan be more successful than Hafize Gaye Erkan? In terms of its financial situation, Turkey is going through difficult times. In real terms, annual inflation in 2023 has reached 65% (and some independent sources claim it is as high as 128%), and, unfortunately, is still largely the same in February 2024. Wages are not growing in line with inflation, and the poverty rate is growing…

Alexandr Svaranc

Egypt-Turkey: a very positive visit by President Erdoğan

Viktor Mikhin

Erdoğan is preparing for the future

Бахтиар Урусов

The US and the UK are fighting Palestinians for Cecil Rhodes’ ideology similar to Nazism

Simon Chege Ndiritu

Fate of F-35s in Turkish-US relations

Alexandr Svaranc

The Middle East and a new expected US fiasco

Viktor Mikhin

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