“European market hangs in the balance as LNG champions take aim at Russian-Turkish energy alliance.” – by John Psaropoulos
Turkey
Over 3000 Turkish companies apply for bankruptcy protection (Ahval)
The number of Turkey companies who applied for bankruptcy protection due to market volatility amid the country’s financial crisis has exceeded 3000…
Italian banks a bigger risk than Turkey (Euromoney)
“Any contagion from a shock in Italy would certainly have more of an impact on Europe, and globally, than the crisis in Turkey, compounded by the fact Brexit and trade wars are creating huge uncertainty.”
The Rift Between Turkey and America Was Already There (The National Interest)
The current fallout of the Turkish lira underscores an increasingly complicated US / Turkish relationship which has steadily deteriorated over the past several years. “America wants an eradication of ISIS; the Turks want eradication of the fighters who are taking the fight to ISIS on the battlefield. Washington wants Turkey to release Americans from its […]