Selected Articles: Turkey’s Financial Crisis, Sanctions, Dollar Hegemony

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Turkey’s Financial Crisis Raises Questions About China’s Debt-driven Development Model

By James M. Dorsey, August 19, 2018

The latest crisis in Turkey’s boom-bust economy raises questions about a development model in which countries like China and Turkey witness moves towards populist rule of one man who encourages massive borrowing to drive economic growth.

Complicity with Saudi Crimes Limits Canada’s Response

By Yves Engler, August 19, 2018

The Trudeau government has largely maintained the Conservative government’s pro-Saudi policies and support for Riyadh’s belligerence in the region. They’ve mostly ignored its war on Yemen, which has left 15,000 civilians dead, millions hungry and sparked a cholera epidemic. Rather than oppose this humanitarian calamity, Ottawa armed the Saudis and openly aligned itself with Riyadh.

Dangerous Meddling – Spy Games in Iran

By Catherine Shakdam, August 18, 2018

Washington’s distaste of Iran is rooted in Tehran’s commitment to stand free and independent against the call of unfettered neo-imperialism.

To put it more plainly Iran disturbs America’s established world order by the principle it exercises, represents, and encourages others to enact: freedom of choice.

Revolt in Iraq. The Lion of Babylon Roars Again

By Dirk Adriaensens, August 18, 2018

July was always a politically turbulent month in Iraq. But the violent protests that have swept South Iraq over the past weeks are unseen, both in terms of size and targets. Ports were blocked, airports closed, provincial government buildings besieged and most striking: the local headquarters of Islamic Shiite parties and Allied militias were attacked. In a recent International Crisis Group report, the death toll is estimated at fifty, and hundreds are injured. 

Sanctions, Sanctions, Sanctions – The Final Demise of Dollar Hegemony?

By Peter Koenig, August 18, 2018

Sanctions left and sanctions right. Financial mostly, taxes, tariffs, visas, travel bans – confiscation of foreign assets, import and export prohibitions and limitations; and also punishing those who do not respect sanctions dished out by Trump, alias the US of A, against friends of their enemies.

Article from our Asia-Pacific Research site:

Kerala Flood Is Thousands of Times the Magnitude of Thai Cave Rescue! Yet Still…

By Binu Mathew, August 18, 2018

The Kerala floods is a disaster thousands of times more vast in its magnitude. Tens of thousands of people are stranded in remote areas, in the upper floors of the houses, on trees and even on roof tops. Reports of people dying in their shelters of starvation and disease have started coming out. Dead bodies are floating around in flood waters. And nobody moves.

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