By Mehmet Enes Beşer Timor-Leste, since its independence in 2002, has made commendable strides in nation-building and socio-economic development. Central to its economic framework has been the Petroleum Fund, established to manage revenues from oil and gas resources. However, as 2025 approaches, the nation confronts a looming financial precipice, primarily due to the depletion of these finite resources and an ...
By Adnan Akfırat, Chairman of the Turkish-Chinese Business Development and Friendship Association In Beijing, the annual meetings of China’s legislative bodies, the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC), are hold on March 4th to March 11th. . As the world’s largest economy in terms of purchasing power, the People’s Republic of China is outlining ...
By Mehmet Enes Beşer Over the past decade, Cambodia has significantly strengthened its relationship with China, a development that has garnered both domestic and international attention. This burgeoning partnership, characterized by extensive economic investments, military collaborations, and political support, presents a complex landscape of opportunities and challenges for Cambodia. Economic Engagement: Infrastructure and Investments China’s economic footprint in Cambodia is ...
By Serhat Latifoğlu In late 2024, China’s 30-year bond yield fell below Japan’s 30-year bond yield for the first time in history. This drop, which brought 30-year bond yields below 2%, was the result of China’s slower than expected growth and the Chinese Central Bank’s measures to revive the economy. Western media was quick to exaggerate and distort this. Comparing ...
By Gökalp Erbaş The economic hardship of Western countries, especially the USA, is no longer expressed only by Asian experts. This situation has also started to be frequently mentioned by people and institutions that have important positions in the media, finance and ideological pillars of Western hegemony. We will examine some of the most important of these numerous confessional statements, ...
Türkiye’s political scene has been lively last week once again.President Erdoğan addressed the recent statement of Nationalist Movement Party (MHP) leader Devlet Bahçeli, a coalition partner, who suggested inviting PKK leader Abdullah Öcalan to Parliament to formally announce the dissolution of the terrorist organization PKK. Finance Minister Mehmet Şimşek made statements regarding the great ongoing economic turbulence. The main opposition ...
By Onur Sinan Güzaltan UWI author, political scientist Onur Sinan Güzaltan gave an interview to Russia Today France on the Türkiye’s application to join the BRICS. We present the interview translated into English. What is the point for Türkiye to join the BRICS? There are several reasons. Geographically, Türkiye is an Asian country and has strong relations with countries like ...
By Serhat Latifoğlu In recent years, there have been significant developments regarding the direction of the American economy. On April 27, 2023, Jake Sullivan, the National Security Advisor, made a pivotal speech. The speech essentially declared the failure of the 40-year orthodox neoliberal policies of the US and the commencement of a state-oriented economic model under the name of the ...
Doğu Perinçek, Vatan Party Chairman, held a press conference on 14 May 2024 and evaluated the Turkish government’s ‘Savings and Efficiency Package in the Public Sector’. Perinçek also announced Vatan Party’s ‘Radical Solutions for Savings and Investment’. Perinçek stated the following: What is savings? Savings are the values that a country allocates to investment from its total production in ...
We bring to your attention the article by Russian economist Sergey Glazyev, in which he examines the Russian economy’s struggle against Western sanctions. Glazyev’s article was first published in Russian in the magazine “Zavtra”. The title and subtitles in the English translation were put by UWI. Russia has restored dignity to its military, military-industrial complex and foreign policy. This hat-trick ...