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Turkey

Turkish Tales: why investors are looking again at Turkey

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After an eighteen-month monetary overhaul, Ankara is finally putting a lid on the price spiral that peaked above 70 percent last spring. The OECD’s April survey notes that, provided interest rates remain restrictive and fiscal discipline holds, consumer inflation should sink to single digits by 2027, bringing Turkey back within striking distance of its long-forgotten [...]

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Tensions Mount in the Middle East: countries close to conflict

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Washington’s 22 June strikes on Fordow, Natanz and Isfahan crippled centrifuge halls and auxiliary power systems, shaving, by Tehran’s own estimate, several months off its enrichment timetable and forcing emergency repairs under international scrutiny. Yet the underlying capability endures, IAEA data show Iran now holds more than 9 tons of enriched uranium, including enough 60

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Kazakhstan: The Eurasian Trade Pivot

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Kazakhstan enters mid-2025 in a somewhat different position from previous years. The economy is showing signs of stable growth, with the World Bank projecting GDP expansion driven by non-oil sectors, and revived investor interest. Inflation has eased, and fiscal buffers have been replenished following earlier shocks from the pandemic and energy price volatility. While hydrocarbons

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Nagorno-Karabakh has fallen: Russia’s silent role

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The Nagorno-Karabakh conflict, a longstanding territorial dispute between Armenia and Azerbaijan, has escalated exponentially over years. In September 2023, Azerbaijan launched a military offensive against the self-declared Republic of Artsakh in Nagorno-Karabakh, leading to a ceasefire agreement brokered by Russian peacekeepers. This offensive resulted in the profound dissolution of the Artsakh Defense Army and the

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Aegean Shadows: the battle for blue gold in the Eastern Mediterranean

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The Eastern Mediterranean region, known for vast natural gas reserves and contentious maritime boundaries, is the subject of recent concerning geopolitical discourse. Interaction between Turkey, Greece and Cyprus reveals a wider narrative of regional muscle flexing and financial gain. These three countries, each with vested interests and historical claims, boarder maritime sea channels that have

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Flashpoint Caucasus: the unresolved tensions of Nagorno-Karabakh

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Unresolved tensions between Armenia and Azerbaijan in the Caucasus region could develop into an international issue, unless a peace deal can be negotiated. The Caucasus – a transcontinental region between the Black Sea and the Caspian Sea – is on the crossroads of Europe and Asia. It is a bustling melting pot of diverse ethnic groups,

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Erdogan in Turkey: One last earthquake?

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Erdogan should be no stranger to seismology. This is, after all, the man who won ‘landslide’ victories in multiple Prime Ministerial and Presidential elections, the man whose Justice & Development party was heralded as shaking the foundations of Turkish civil society, the man who is no stranger to a political earthquake. Yet, last month’s devastating

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Rebuilding Turkey will come with seismic risks for foreign investors…

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21 February 2023 NEWS RELEASE - FOR IMMEDIATE USE Rebuilding Turkey will come with seismic risks for foreign investors, warn leading security and intelligence experts  KCS Group Europe says earthquakes have fractured Erdogan's support base and President could pay the price at May’s elections - but only if they are held fairly   Leading strategic

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A Tale of Two Turkeys

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Turkey is now officially known as ‘Turkiye’, in an extensive rebranding operation that will see the new name used in diplomacy, commerce and (ultimately) everyday life. From one side, this can be seen as the nation further embracing its cultural heritage and refusing to be constrained by Western naming conventions. From the other, it is

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