What is next for Turkey?

With the Turkish lira at a record depreciation amid the economic fallout of the Covid-19 pandemic,Turkish leadership is struggling to deal with an economic impasse and a seismic foreign relations shift as a result of the US election. 

What is next for Turkey?
UK Government Announces New National Cyber Force

Recently, the UK government announced its plans to take more offensive steps in its approach to cybersecurity. The announcement is further evidence of a gradually emerging trend exhibited by nation states: an increasing openness about their offensive cyber operations. This behaviour is likely to become the norm as many of the motivators for such an offensive stance — hybrid warfare, cyber espionage, and disinformation campaigns –only continue to grow.

UK Government Announces New National Cyber Force
Somalia – A Triple Threat to Instability?

Internal and external forces have ominously converged in recent weeks, threatening the tentative state of stability in Somalia. Domestically, President Mohammed Farmaajo’s efforts to manoeuvre his path to re-election in 2021 are sparking considerable internal strife, while internationally, a hurricane of potentially harmful geopolitical winds is circling around Somalia.

Somalia – A Triple Threat to Instability?
The Bulgarian Energy Market between Subsidies and Challenges

Many know Bulgaria as the poorest country in the EU. The country consistently lags behind its Western partners and ranks the lowest in a variety of areas. From disposable income to media freedom, as well as corruption and trust in the government. However, there seems to be an area in which Bulgaria is outperforming the EU average: green development. A combination of subsidies and ponderous growth has fostered this outcome, but the way ahead is not guaranteed.

The Bulgarian Energy Market between Subsidies and Challenges

Politics

Internal and external forces have ominously converged in recent weeks, threatening the tentative state of stability in Somalia. Domestically, President Mohammed Farmaajo’s efforts to manoeuvre his path to re-election in 2021 are sparking considerable internal strife, while internationally, a hurricane of potentially harmful geopolitical winds is circling around Somalia.

Economics

With the Turkish lira at a record depreciation amid the economic fallout of the Covid-19 pandemic,Turkish leadership is struggling to deal with an economic impasse and a seismic foreign relations shift as a result of the US election. 

Finance

Since the end of World War II, the US dollar has consistently functioned as a safe harbour for investors caught by any sort of turbulence. Thus, no one was surprised by its appreciation at the height of the current pandemic, which began in April 2020. And no one will be surprised if vaccine makers’ promises to end the pandemic null all those gains. Yet, the currency’s status and reputation have been weakening since the demise of the Bretton Woods Accord in 1974 to the point that, as a side-effect, COVID and its cures may be lethal for the dollar’s international dominance.

Security

An often-overlooked aspect of Jihadist terrorism in Europe is Italy’s exceptionalism in avoiding it. Does this come down to mere luck, or is Italy taking a different, more effective approach to counter-terrorism? And, most importantly, how long is Italy going to be able to keep this up?

Natural Resources

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The pandemic has accelerated an ongoing switch towards greener energy, to the point that some foresee a “new energy order” in the making. But these calls are likely exaggerated, with traditional energy sources predicted to stay dominant.

Technology

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Recently, the UK government announced its plans to take more offensive steps in its approach to cybersecurity. The announcement is further evidence of a gradually emerging trend exhibited by nation states: an increasing openness about their offensive cyber operations. This behaviour is likely to become the norm as many of the motivators for such an offensive stance — hybrid warfare, cyber espionage, and disinformation campaigns –only continue to grow.