Will China Trigger Next Financial Tsunami?

With the US decision to impose added tariffs on more than $300 billion of China trade, and the US Treasury declaring China a “currency manipulator”, global financial markets have reacted with sharp selling. The question…

Will Lebanon be the Next Energy War?

A new geopolitical confrontation is shaping up in the Middle East, and not only between Israel and Syria or Iran. Like most conflicts there, it involves a fight for hydrocarbon resources—oil and gas. The new…

Turkey, Russia and New Balkan Geopolitics

The geopolitical template of the entire European Union is undergoing one of its most profound changes since the collapse of the Soviet Union more than twenty-five years ago. At the June 30 meeting in Ankara of the Turkish-Hungarian Business Forum Hungary’s Prime Minister Viktor Orbán stated that Hungary “stands by its friends” and it is on Turkey’s side in its current war of words with the European Union. The Hungarian Prime Minister also praised Turkey’s role in preventing a huge further refugee flow into the EU, noting that “Without Turkey Europe would have been flooded with many millions of immigrants,” stating that for this Turkey “deserves respect.” Behind the comments, calculated to enrage the EU and its unelected, faceless bureaucrats, stands far more than the issue of refugees and rights of national sovereignty.