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Iran nuclear talks resume with little cause for optimism after months-long hiatus

Ebrahim Raisi, Iranian president, visits Bushehr nuclear power station, Iran, on October 8, 2021. Official Presidential Website via Reuters After a long hiatus of months, the U.S.-Iran indirect talks on the 2015 Iranian Nuclear Deal will resume Monday. Many things have changed since the talks were stopped. And while there are huge stakes, some observers […]

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Turkey uncertainty leaves little appeal for investors, strategist says

Turkish President Recep Tyyip Erdogan (C), gestures while delivering a speech at the annual evaluation meeting for 2019, with the backdrop banknotes representing the Turkish Lira. Ankara. 16 January 2020. AFP| AFP According to Ozan Ozkural (managing partner at Tanto Capital Partners, a boutique investment firm), investors need to avoid Turkey’s unpredictable fiscal and monetary […]

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Mark Mobius on weaker Turkish lira, investing in emerging markets

An increase in interest rates in America may make Turkey a more vulnerable country, Mark Mobius, a prominent investor in emerging markets said Tuesday. Mobius stated that it could, “Yeah,” to CNBC’s.Closing BellResponding to a question regarding whether sharp depreciation was seen in the Turkish currency — the lira — could spread to other countries. […]

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Turkish lira plummets to historic low after Erdogan sparks selloff

Turkish President Recep Tyyip Erdogan attended a press conference in Budapest (Hungary) November 7, 2019. Bernadett Szabo | Reuters Turkey’s liraRecord low at 12.49 the dollarTuesday’s price was at an unimaginable level, well above what was only last week called the “psychological” barrier 11 to one dollar. Bluebay Asset Management senior emerging market strategist Tim […]

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France warns Russia over Ukraine, Moscow denies weighing attack

Russian President Vladimir Putin is present at a session that took place on the sidelines to the COP26 UN Climate Summit, which was held in Glasgow. The session was teleconferenced in Moscow from Moscow on November 2, 2021. Sputnik | AFP | Getty Images France warned Russia Friday not to harm Ukraine’s territorial integrity after […]

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Dubai Air Show 2021: Here’s what to expect

Getty Images| AFP | Getty Images DUBAI, United Arab Emirates — Dubai’s last international air show, in November of 2019, feels like another era. A few months prior to the Covid-19 epidemic that turned travel upside-down, the biennial aviation conference was attended by thousands and celebrated an industry which looks quite different.  The market has […]

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Drones and F-35 fighter jet deal in focus for the Dubai Air Show

Two MQ-9 Reapers belonging to the 46th Expeditionary Attack Squadron were parked at Ali Al Salem Air Base in Kuwait on June 9, 2020. Senior Airman Isaiah J. Soliz | U.S. Air Force DUBAI, United Arab Emirates — Cutting-edge technologies and geopolitics are set to feature in military deals at this year’s Dubai Air Show. […]

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Iraqi PM chairs security meeting after drone attack on residence

During an official visit to Tehran, Iran by Mustafa al-Kadhimi, the Iraqi Prime Minister. Handout | Handout | Anadolu Agency via Getty Images Officials said that Mustafa al-Kadhimi, the Iraqi prime minister, escaped from an attack by an armed drone in Baghdad on Sunday. This incident raises tensions in the country, weeks after an election […]

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China spurs Taiwan anger with criminal liability threat for independence supporters

During a campaign rally to support Han Kuoyu, the presidential candidate from the Kuomintang, a Taiwanese voter waved a Taiwanese Flag ahead of the Presidential election in Taipei on January 9, 2020. Getty Images| Getty Images China announced on Friday it would hold all those supporting “Taiwan independence,” criminally responsible for the rest of their […]