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Turkish go-it-alone policy raises currency crunch risk

Location:

TURKEY

It has fallen from about 6.50 at end-March and 5.95 at end-2019. There is speculation about a possible balance of payments crisis due to the COVID-19 pandemic, economic…

More Turks could lose jobs as COVID-19 plays out

Location:

TURKEY

Hurriyet Editor-in-chief Ahmet Hakan has queried whether Turkey is becoming a society without class or privilege. Well-intentioned anti-crisis policies have widened inequalities…

Omicron will slow but not weaken German recovery

Location:

GERMANY

Bundesbank president Jens Weidmann stated that the “recovery has been somewhat pushed back” by the impact of supply chain restrictions, the rising costs of raw materials and…

Prospects for the Euro-area in 2021

Location:

PROSPECTS 2021

Its recovery will significantly depend on how quickly the latest measures to combat the spread of COVID-19 can be withdrawn, the speed at which a vaccine can be deployed at scale…

Risks are high despite Turkey’s policy 'normalisation'

Location:

TURKEY

With the lira at a record low, the Central Bank continued to tighten monetary policy this week, funding the market through competitive one-month repo tenders at rates of around…

Hardening attitudes may obstruct Sofia-Skopje solution

Location:

BULGARIA/NORTH MACEDONIA

The annexe aims to prevent Bulgaria vetoing the EU-NM inter-governmental conference (IGC) in December. Working groups from both foreign ministries have been created to discuss…

EU will enter Brexit talks as a united actor

Location:

EU

The guidelines will be turned into formal negotiating directives that have legal authority.

Immigration benefits may be squandered in Chile

Location:

CHILE

Economic and social impacts of immigration.

Palestinian refugee violence will be hard to control

Location:

PALESTINIANS

The tensions have been exacerbated by increasing high levels of poverty, triggered by the collapse of the Lebanese economy and a UN funding gap, weak Palestinian leadership, the…

New US bans will hold back China's chip development

Location:

CHINA

Taking effect either immediately or from October 21, the new rules amount to a technological containment strategy -- a characterisation that statements by senior Biden…