Current Affairs

analysis of world events

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  • Is Egypt a basket case?

    Is Egypt the next economic failure in the Middle East, that seems to be the worry among the investors in Egypt. The Egyptian pound has devalued by thirty percent, black market rates are higher and international rates are forty five percent. There have been IMF loans, which should amount to US$6 billion in the past…

  • Turkey’s presidential election

    The elections held in Turkey this month were for the Parliament and Presidency, they demonstrated that with all the problems that Turkey has, there is still powerful support for the AKP. And after twenty years of the AKP being in power there is a recession, monetary policy that has been skewered through eccentric beliefs that have led…

  • The Cold War 2 and the global South

    In an interview with the Hoover Institute, Niall Ferguson argued that Cold War 2 had begun. In the interview he quoted Henry Kissinger, who three years ago argued that the technical arguments that had evolved meant that the West was in foothills of a cold war, but today, because of the war in Ukraine and…

  • BRICS and the war in Ukraine

    On 24th February 2022, Russia invaded Ukraine, yet the world as a whole did not react. The BRICS (Brazil, Russia, India, China and South Africa), took a position of non-alignment, they argued that the war in Ukraine was determined by Russia reacting to the West’s encroachment on their territory. India in particular argued that Western hegemony…

  • Sudan war

    The civilians of Sudan have once again been denied a voice and the generals who set on one another have become entrenched in a war that has no answers, other than a protracted civil war. The history of this war can be found in the contest for power between Burnham and Hemedti, where a three…

  • Dissent

    “We are lucky to have you,” were words said at the Atlantic Council by a Russian emigre to the United States. Ilya Yashin had just presented a report on Russian corruption, though the report was compiled six years ago, the very people that the report was aimed at, have managed to jail Ilya Yashin for…