Turkey’s opposition leader, Ozgur Ozel, plans to create a new party to rival President Tayyip Erdogan, which may help Erdogan maintain his power after 23 years in office. Turkish President Tayyip Erdogan delivers a speech during the opening ceremony of male and female dormitories at Bogazici University, in …
Read More »The Global South in Ascendance: The Waning Influence of Western Powers
Georgi Asatrian image source: ndtv.com Global instability is today the defining characteristic of world politics. The liberal international order that has shaped global affairs is steadily disintegrating. It is being replaced by a system that many describe as multipolar. What this new system will ultimately look like remains …
Read More »Civilizational Memory as a “Bridge to Global Peace”?
Dr. Yashwant Singh The India–Indonesia model demonstrates that civilizational memory can be retrieved as a shared diplomatic resource when deployed as a basis for mutual recognition rather than civilizational hierarchy – real or perceived. India’s Prime Minister Narendra Modi’s recent visit to Indonesia underscored that the India-Indonesia partnership …
Read More »China Cannot Avoid the U.S. Dollar
Norbert Tofall Despite the very real structural weaknesses in the U.S. economy, no BRICS+ country – not even China – and not the group as a whole comes close to matching the role of the U.S. dollar in the world economy. The great contradiction Chinese officials like to …
Read More »Global markets trade lower as US-Iran tensions, chip selloff weigh on sentiment
Global markets traded lower Friday as heavy selling in semiconductor shares and escalating US-Iran tensions weighed on investor sentiment. Chipmakers remained under pressure amid concerns over whether massive artificial intelligence investments will generate sufficient returns. Renewed attacks between Washington and Tehran also raised fears of further disruption to …
Read More »Apple overtakes Nvidia as world’s most valuable company amid AI selloff
Mücahithan Avcıoğlu Apple overtook Nvidia on Friday to become the world’s most valuable publicly traded company, as renewed selling pressure on artificial intelligence-related stocks weighed on the chipmaker. Apple’s market capitalization reached approximately $4.9 trillion during intraday trading, narrowly surpassing Nvidia’s valuation of $4.84 trillion. The change at …
Read More »Why Did the EU’s Latest Russia Sanctions Package Shrink?
On July 17, the Council of the European Union quietly froze the assets of one Russian executive and five companies belonging to a single corporate family, ABS Electro, for supplying electronic components that make Russia’s Shahed and Geran attack drones harder to jam. That was the entire publicly …
Read More »Renewed Gulf Hostilities, Elevated Regional and Global Uncertainty
By Dan Steinbock Renewed U.S.-Iran hostilities and Israel’s continuing military campaigns reflect rising risks of a wider Middle East conflict and elevated energy and food crises internationally. The United States and Iran traded new attacks overnight into Thursday, intensifying an exchange that has threatened the collapse of their agreement …
Read More »The Iranian Question: Why “Permanent Solutions” Fail
Dr. Yashwant Singh Few phrases in statecraft are as seductive, and as historically unreliable, as the “permanent solution.” The term promises finality in a domain built on its absence: states adapt, ideologies mutate, and alliances presumed eternal dissolve within a generation. Four decades of policy toward the Islamic …
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