Global Security

picsum id: 211

The 12.35-Cent Curse: Why Turkey Will Pay Double the Global Market Price for Electricity to Rosatom for 15 Years and Call It Energy Independence

Expert Comment — Eurasia Programme 2026-02-05 TWhen the first reactor at the Akkuyu Nuclear Power Plant begins commercial operation in 2026, every Turkish household and business will start paying a hidden tax that will persist for 15 years. The plant’s electricity will be purchased at a guaranteed price of 12.35 US cents per kilowatt-hour. The […]

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picsum id: 255

The Lira’s Long March: Why Turkey’s Currency Crisis Is a Structural Not a Cyclical Phenomenon

Expert Comment — Eurasia Programme 26 January 2026 Turkey’s economic narrative has been one of the most dramatic in emerging markets. From the growth miracle of the 2000s to the currency crises of the 2020s, the country now stands at a crossroads. The return to orthodox monetary policy under Governor Hafize Gaye Erkan and her

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picsum id: 140

Beyond the Rouble: Why Russia’s War Economy Is Headed for a Structural Reckoning in 2027

Expert Comment — Eurasia Programme 12 January 2026 Since the full-scale invasion of Ukraine in February 2022, Western analysts have repeatedly predicted the imminent collapse of the Russian economy. It has not happened. Russia’s GDP contracted by just 2.1 per cent in 2022, returned to modest growth in 2023-2024, and the International Monetary Fund projects

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picsum id: 389

BASF’s Betrayal: Why the World’s Biggest Chemical Company Is Moving 10,000 Jobs from Ludwigshafen to China After German Gas Prices Tripled

Expert Comment — Europe Programme 2026-01-12 IOn February 24, 2023, one year to the day after Russia invaded Ukraine, BASF announced a decision that would have been unthinkable five years earlier. The world’s largest chemical company, founded in 1865 and headquartered in Ludwigshafen ever since, would permanently close several of its most energy-intensive plants at

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Protest in Brussels with flags and signs demanding IRGC recognition as a terrorist group.

The Global Terror Landscape in 2025: A Shifting Epicenter and an Adapting Enemy

Expert Comment — Security Programme January 2026 A decade after the peak of the Islamic State’s so-called “caliphate,” the global terrorism landscape has undergone a profound and lethal transformation. The epicentre has decisively shifted from the Middle East to the conflict-ridden Sahel region of Africa, while terrorist organisations have evolved into more decentralised, digitally savvy

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