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The Turkish lira

The Turkish lira is once again hitting record lows, as Erdoğan rushes to the Turani-an expanse...

Apparently, financial crises do not occur overnight, because they are preceded by whole series of events and unsuccessful decisions related to financial market conditions, contradictions of internal financial policy and external dictate of world currencies, mistakes made by one’s own government, and any number of other factors. In this regard, financial experts are able to write entire books (treatises) with explanations of the causes leading to any given financial crisis. However, politicians often ignore the scientific…

Alexandr Svaranc

Turkey announces its new key state strategy

The modern world is on the path towards the formation of a new world order, and the alignment and role of many countries will change, with some developing countries becoming developed nations and others taking their place, while yet others are highly likely to disappear entirely. Unfortunately, just like hundreds of years ago, our world is far from just and is still plagued by the struggle for resources, which are inevitably monopolized by the strong to the detriment of the weak. Sadly, force continues to determine what is right. As David Hurst, co-founder and editor-in-chief of Middle East Eye writes on this subject, “The old world…

Alexandr Svaranc
“War has no winners. Peace has no losers” is Erdoğan’s slogan

“War has no winners. Peace has no losers” is Erdoğan’s slogan

Turkish President Recep Tayyip Erdoğan declares new ideas for his active diplomacy. Referring to the protracted Russian-Ukrainian military and political crisis, the Turkish leader expressed confidence that hostilities would cease and a political settlement would be reached under the slogan “War has no winners. Peace has no losers.” Of course, every war ends in peace someday (even though sometimes without signing a peace treaty and without an obvious surrender). However, a war never starts without a reason, and its outcome must still somehow approach the terms of peace from the position of the strongest. War is simply a forceful way of resolving…

Alexandr Svaranc