Archives Economic cooperation - Page 42 of 54 - New Eastern Outlook

Changing geopolitical realities and the deteriorating image of the United States are resulting in novel alliances around the world. The unipolar world under the hegemony of the United States has sparked a sense of injustice and maltreatment due to its dictatorial attitude. Military and diplomatic interventions by the United States have widened the gulf between the global north and the global south. In the recent geopolitical shifts, Russia and China have emerged as the new superpowers of the world. The global south looks at them as the new viable option for an alliance…

The 44th summit of the Supreme Gulf Cooperation Council (GCC) held in Doha was a significant event in several respects. The session was the first to be held outside Saudi Arabia since 2018 and the first hosted by Qatar since the signing of the Alul Declaration in January 2021, ending a three-year diplomatic rift between a number of Arab countries. The summit was held under special circumstances as the region is witnessing many unfortunate events, most notably the ongoing carnage in the Gaza Strip. These are extremely important developments that have many implications for the GCC and regional security…

It is no secret that politics is a concentrated expression of economics. This thesis is most relevant for Turkey’s foreign policy course, which changes its direction mainly depending on rising financial flows. The Turkish economy, which has been in deep recession in recent years, is heavily dependent on foreign currency interventions and various kinds of credits and loans. It should be recalled that President R.T. Erdogan put his own state in a debt hole by adhering to a conservative economic model that envisaged…