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Daily Memo: Turkey’s Economic Outlook, India’s Defense Uptick

Good news and bad for Turkey’s economy. Preliminary data shows the Turkish economy grew by 4 percent year over year in the first quarter of 2023, driven by an increase in consumer spending, gross fixed capital formation and government spending, as well as a boost in the services sector. However, the Turkish lira has again […]

Is the Drug Trade Really Driving Normalization With Syria?

After more than a decade of isolation, the Assad regime is now moving toward normalizing ties with its Middle Eastern neighbors. The governments of...

Daily Memo: Clashes in the Balkans

Kosovo unrest. Serbian President Aleksandar Vucic placed his army on high alert and deployed troops closer to the border with Kosovo late last week...

Considering Maskirovka

Soon after Josef Stalin signed a mutual defense pact with Adolf Hitler, British Prime Minister Winston Churchill said that Russia was a mystery wrapped...

Daily Memo: Russia Brokers Talks, Egypt’s Payment Problems

Russian mediation. Russian President Vladimir Putin mediated talks on Thursday between Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev on the long-standing...

Daily Memo: Germany’s Economy Contracts for Second Consecutive Quarter

Recession. Germany’s economy has slipped into a technical recession, after contracting 0.3 percent in the first quarter, according to figures published Thursday by federal...

At G-7 Summit, Containment of China Goes Global

The leaders of the G-7 countries met last week in Hiroshima for their annual summit. The club includes the West’s most advanced economies (Canada,...

Daily Memo: Shipping Industry Slowdown, Mexico Investments

Declining demand. Production of 20-foot equivalent shipping containers declined in the first quarter of this year by 70 percent compared to the same period...

Syrians Pay a Heavy Price for Assad’s Victory

In 1970, then-Syrian Defense Minister Hafez Assad staged a military coup and, a few months later, won the presidency in an uncontested vote. He...

Daily Memo: India’s Summit With Pacific Island Nations

India offers support. During a summit in Papua New Guinea with the leaders of 14 Pacific island nations, Indian Prime Minister Narendra Modi announced...

The Next Phase in the China-US Confrontation

Last week, I wrote about the major expansion of the U.S.-Philippine alliance, Japanese alignment with Taiwan and possible three-way links with South Korea, and...

Daily Memo: UK and Latin America, Russia and Vietnam

Latin America tour. U.K. Foreign Secretary James Cleverly is on a weeklong Latin America tour focused on organized crime, trade and environmental protection. Cleverly is...
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