Turkish Lira Casts Pall Over Caucasus And Central Asia

by Maximilian Hess The Turkish Lira two weeks ago ended one of the most turbulent weeks in its history, settling uneasily at six to the dollar. Turkey’s borrowing spree and President Recep Tayyip Erdogan’s insistence on low interest rates hastened the lira’s… Continue Reading

Pushing Beirut And Baghdad To Comply With Iran Sanctions Is Risky Business

by Imad K. Harb President Donald Trump has reimposed an old set of American sanctions on Iran, as well as new ones following his abandonment of the Joint Comprehensive Plan of Action (JCPOA) last May. For regional neighbours Lebanon and Iraq,… Continue Reading

Report: Pentagon Contracts Aided Airline With Ties To Azerbaijani Ruling Family

by Joshua Kucera An Azerbaijani airline with close ties to the ruling family was the beneficiary of a large Pentagon contract and an attractive loan by a U.S. government bank, a new investigation has found. The revelations are yet another chapter… Continue Reading