In this article, we shall look further upon the impacts that currency internationalization has not only on the issuer’s economy but also on its foreign policy, international power and status, as stemming from each currency function (medium of exchange, unit of account, store of value, both at the private and the public level). This will …
Search results for: Iran
Signal: Turkish President Erdogan Declares Afrin as Possible Next Military Target
Impact on Issues ? ➄ Bashar al-Assad government decision regarding the further Turkish military actions regarding the Federation of Northern Syria and the Kurds (critical uncertainty)? ➄ Iran position considering a Turkish military action in Syria against the Federation of Northern Syria and the Kurds (critical uncertainty) ➚➚➚ ➃ Turkey acting militarily against the Federation of Northern Syria in Afrin ➚ ➚ ➃ Iran influence➚ ➄ Syrian future ➚ ➃ Israel perception of threat ➚ ➃ Middle East Tension ➚ ➃ Russia influence trial➚ ➃ U.S. influence trial Turkey President Erdogan old the parliamentary group of his Justice and Development Party (AKP) on Oct. 24 that:“Our operation in Idlib is nearly complete. Ahead of us is Afrin. These are threats to us and we will never make concessions to such threats.”For previous and other signals …
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Signals: Heavy Fighting between Kurds and Iraqi Forces; Kurdish Factions; Russia; Israel
Impact on Issues ? ➃ Capacity (and willingness) of each actor to stabilize the situation (critical uncertainty) ➚➚➚ ➃ /➄ Iraq vs Kurds – ➚ ➄ Syria – ➚ ➃ Middle East Tension ➘ ?➂ Legitimacy of Kurdish political authorities and parties ➚➚ Iran influence in Iraq and in the region➚ ? ➃ Gulf Countries (uncertainty regarding policy)➚ Russia ‘s involvement and stake➚ Israel’s stake➚ ➃ Russia influence trial➚ ➃ U.S. influence trial Heavy exchanges of fire are (20 Oct 2017 morning CET) taking place in the north of Kirkuk between the Kurdish Peshmergas and the Iraqi forces. By 12:30 (Iraqi time), Altun Kupri (north of Kirkuk) would have fallen to Iraqi forces, including the Hashd al-Shaabi (Popular Mobilization Forces), Iraqi Shiite militia backed by the Iranian Quds.Peshmergas had taken position North of Kirkuk on …
Signal: The Kurdish-led SDF Defeats the Islamic State in Raqqa
Impact on Issues ? ➄ Bashar al-Assad government decision regarding the Federation of Northern Syria… and Turkey (critical uncertainty) ➚➚ ➃ Turkey acting against the Federation of Northern Syria➚ ? ➃ Iran influence (uncertainty regarding policy)➚ ➃ Russia influence trial➚ ➃ U.S. influence trial➚ ? ➃ Gulf Countries (uncertainty regarding policy)? Western NGOs and then businesses prospects in Syria➚ ? ➄ Syrian future (high uncertainty)➚ ? ➃ Middle East Tension (high uncertainty) ➘ ➄ The Islamic State direct short term threat in Mesopotamia➘ ➄ Perception of the Islamic State threat➘➙ ➄ Global long term Islamic State threat ➚ ? ➁ U.S. Russia global tensions On 17 October, The Kurdish-led Syrian Democratic Forces (SDF) announced that the city of Raqqa had been recaptured from the Islamic State, even though fighting continued in near-by surrounding areas.Considering the strategic and symbolic importance of Raqqa for most players, …
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Signals: Russia Unveils Policy on Iraq Kurds Independence, Iraqis and Kurds discuss…
Impact on Issues ➘ ➁➀ /➄ Iraq vs Kurds – ➙ ➄ Syria – ➘ ➀ Russia Conundrum➚ Russia Influence – ➘ ➃ Middle East Tension – ➘ U.S. influence Note 13 Oct: Latest signal 16 Oct 2017 as situation has considerably evolved since 11 Oct, showing the essential fluid character of the dynamics ate work. A flurry of diplomatic moves, visits and consultations …
Signal: State visit of Saudi King in Russia
Impact on Issues ➚ U.S. Decline – ➚ Russian Influence – ➘ ➃ Middle East Regional Tension – ➚➚ ➂ Global tension Among many other impacts, we shall notably stress here that this visit shows the skill of Russian diplomacy and the pertinence of Russian strategy as Russia seems to be highly likely to succeed in maintaining and developing …
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Signal: Turkey about to close Iraq border and air space – Iraq Kurds Independence
Impact on Issues ➚➚ ➄ Syria & Iraq – ➙ ➁ Gulf Crisis – ➚➚ ➀ Russia Conundrum Turkey President Erdogan declaration would tend to confirm the harsh and unremitting position that Turkey, Iran and Iraq have been taking since the beginning on the issue of Iraqi Kurds independence. However, considering the Kurds will and resolve, as well as their recent history of being a major actor in the war against the Islamic State, and highly probable feeling of being thus treated unfairly, a triple blockade is highly unlikely to stabilize the situation.On the contrary, we may expect that the Iraqi Kurds will not relent but fight to see the results of the referendum implemented and their independence achieved. War would …
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Towards the End of the US Dollar Supremacy? Global Currency Fundamentals
Editor’s note: We have been monitoring “behind the scenes” the US Dollar Supremacy and the challenges it faces over the last couple of years. Indications show that it is now time to move towards strategic foresight analysis of the issue. This series results from this need and our in-depth analysis will constitute the building blocks for scenario …
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Signal: High Turnout for the Iraqi Kurds Referendum
Impact on Issues ➙➚ ➁/➄ Iraq Kurds Referendum The Iraqi Kurds would need allies if they want to survive. However correct and right their right to self-determination, being landlocked, surrounded by countries opposing this right is hardly conducive to state-building.The question surrounding the Kurdish referendum is all the more crucial considering that the Islamic State remains a threat and thus that Iraq is still at war.Turnout high as Iraqi Kurds defy threats to hold independence voteERBIL/SULAIMANIYA, Iraq (Reuters) – Kurds voted in large numbers in an independence referendum in northern Iraq on Monday, ignoring pressure from Baghdad, threats from Turkey and Iran, and international warnings that the vote may ignite yet more regional conflict. The vote organized by Kurdish authorities …
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The Middle East Powder Keg and the Great Battle for Raqqa
As events accelerate both within Syria on the battlefield and in the region, this article monitors and analyse these developments. It seeks to answer the question: do the unfolding states of affairs increase, or on the contrary decrease, the likelihood to see an intensification of Turkish escalation against the Syrian Kurds and, de facto, Northern Syria?We shall look first at the race that is taking place on the Syrian battlefield around the Battle of Raqqa and towards Deir es-Zor, there addressing furthermore the entrance of a new level of Iranian influence. We shall then turn to the evolving crisis around Qatar, pointing out notably impacts on Turkey and how that crisis and the Battle of Raqqa feed into each other to heighten the risk to see …
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