Archives USA - Page 60 of 112 - New Eastern Outlook

Since June 2023, when Recep Erdoğan was reelected as president, Turkey’s economy has, once again, been going through difficult times. Given the scale of the financial crisis and the consequences of February’s devastating earthquake, Recep Erdoğan was forced to appoint technocrats with degrees from US business schools to the government’s financial team. The two new appointees, Mehmet Şimşek (Minister of Treasury and Finance and Treasury) and Hafizeh Gaye Erkan (Governor of the Central Bank), in a bid to stabilize prices, have pushed through a number of tough…

In a recent hearing to the US Congress trying to convince the latter to approve another US$61 billion in aid for Ukraine to fight and defeat Russia, US Defence Secretary Lloyd Austin said that if Russia defeats Ukraine, US forces will be fighting Russian forces in (mainland) Europe soon. This will be a major conflict that could become World War Three. The propagation of the Russian ‘threat’ comes against the backdrop of a recent White House revelation that, unless fresh aid is approved, the US government will run out of funds to support Ukraine…

Articles are increasingly appearing in the Arab press that characterize the war in Gaza as a kind of manifestation of the cataclysm of catastrophic capitalism. As the Al Jazeera website noted the other day, America’s war on terror through its proxy Israel can be more accurately described as America’s war against the whole world. “Gaza, as a metaphor, represents the true face of the clash of civilizations…