Turkey is one of the most vitally geostrategic countries in world, bridging Europe and Asia. They are also a key NATO ally, and host to over a dozen major military and training bases.
Turkey just announced their intention to join the BRICS economic bloc. The BRICS group of nations includes Russia, China, and Iran. This will no doubt complicate Turkey's relationship with the United States and Western Europe, and investors and business executives who work in or with Turkey will face difficult questions in coming months. As Turkey moves closer to Russia, China, and Iran, how does that affect their business operations? Will the banks be sanctioned by SWIFT regulators? Can assets of companies doing business in Turkey be frozen by European or American banking officials?
These are urgent questions. Yet our major business news outlets are thus far completely silent on the topic, as searches through Bloomberg, the Wall Street Journal, Barron's, MarketWatch, and FT yield no relevant or timely news at all. Readers of US media are likely unaware of these momentous shifts of economic and diplomatic power, away from the West and toward the East and South.
Resources and links:
Thai Cabinet Formally Approves Bid For BRICS Membership
thediplomat.com/2024/05/thai-...
Infographic, NATO and US bases in Turkey
Department of Defense and NATO sources
Why Turkey wants to join BRICS
www.middleeasteye.net/news/wh...
Turkey-China look beyond Uyghurs toward BRI and BRICS
asiatimes.com/2024/06/turkey-...
Eurotopics: Turkey to BRICS instead of to the EU?
www.eurotopics.net/en/321199/...
Turkish top diplomat to attend BRICS meeting in Russia
www.trtworld.com/turkiye/turk...
China eyes closer ties with Turkey to take on global ‘power politics’
www.scmp.com/news/china/diplo...
Wall Street Journal, U.S. Leans on Turkey to Stop Supporting Hamas and Russia
www.wsj.com/finance/u-s-leans...
BRICS meeting starts in Russia's Nizhny Novgorod
www.aa.com.tr/en/world/brics-...
Russia, Brazil discuss cooperation in BRICS, G20
www.dailynewsegypt.com/2024/0...
WSJ, She Cooks Her Turkey Burgers in Duck Fat-and Wants You to Try It, Too
www.wsj.com/arts-culture/food...
Bloomberg, Costly US Sugar Tariffs Drive Candy Makers Over the Border to Canada
www.bloomberg.com/news/articl...
WSJ, 'Turkey’: The Thanksgiving Icon Named for the Wrong Country
www.wsj.com/arts-culture/hist...
Closing scene: Qingdao coast, Shandong province
10 июн 2024