Turkey: Boom, Bust, What Comes Next?

22 February 2019 Last year's Turkish financial market crisis emanated from the confluence of several domestic and international factors. To be sure, Turkey is no stranger to boom-bust economic cycles.  And, fueled by overly expansive macroeconomic policies, the Turkish economy was overheating and inflation rising sharply by mid-2018.  Against this already challenging backdrop, the Erdogan [...]

Iran Sanctions: JCPOA RIP?

18 May 2018 Despite frenetic diplomatic efforts, including the evident bonhomie between Presidents Macron and Trump, the United States has withdrawn from the Iran Nuclear Deal (JCPOA).  The world awaits details of America's new approach to confronting Iran's nuclear ambitions and its aggressive regional political behaviour.   The Trump Administration has announced already its intention to [...]