An examination of some of the most important of these numerous confessional statements, news reports and analyses. 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 ...
Main political events in Türkiye in the last week. 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 ...
The reasons behind Ankara’s move. 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 ...
By Yunus Soner, Caracas / Venezuela Oil, Bolivarian socialism, sanctions, hyperinflation … These are the keywords that have been reflected in the Turkish press from Venezuela in recent years. The country’s economy has really taken off in recent years. In the recent presidential elections, the economy was one of the most important items on the agenda. Fernando Bastidas is a ...
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 ...
While the German military debates plans to intervene directly in the war in Ukraine and the German government debates, among other steps, the reintroduction of obligatory military service as war preparations, others demand a different course in foreign policy. “Sanctions have failed as a policy instrument. There is no other way to peace without some interaction with Russia”, says Michael ...
By Michael Roberts * After almost two full years of war, Russia’s invasion of Ukraine has caused staggering losses to Ukraine’s people and economy. Ukraine’s GDP fell by 40% in 2022. There was a small recovery in 2023, but an additional 7.1 million Ukrainians now live in poverty. There are various estimates of the number of Ukrainian civilians and military casualties ...
Editorial note by Socialist China.org, where the following article first was published: We are pleased to publish below the English version of an article by Adnan Akfirat, Chairman of the Turkish Chinese Business Development and Friendship Association (and member of the Friends of Socialist China advisory group), countering Western propaganda about China’s evolving strategy against the Covid-19 pandemic. Having lived ...
Douglas Bolivar, Caracas, Venezuela The global economy is struggling with high inflation, problems in supply chains, widespread poverty. One of the most debated topics are energy and specifically oil prices. In that context, eyes have turned to Venezuela, the country with the biggest global oil reserves. On the situation and perspective of the Venezuelan economy, we spoke with Ramón Lobo. ...