Creating new perspectives since 2009
Items by Seymanur Yönt
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What now, a month after the collapse of Silicon Valley Bank?
As soon as news emerged that Silicon Valley Bank (SVB), the 16th-largest lender in America, with about $200 billion in assets, had collapsed, a dark cloud loomed over the international financial sector. Even when the initial shock started to wear off following swift action from central banks, the dust...
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On China and debt distress
Without China’s participation in joint efforts in debt restructuring, it is not possible to quickly ease the burden on many debt-distressed countries. However, even if not impossible, it is a difficult task. Some may think that the debt default of Sri Lanka is a far-flung problem in a distant...
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What can we expect from this year’s World Economic Forum?
Our world is increasingly plagued by war, famine and poverty. Political and other leaders will meet during the World Economic Forum (WEF) in Davos between 16 and 20 January to discuss existing predicaments and suggest solutions. However, experts doubt whether action will result. The past year witnessed numerous adverse...
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A new order: What we should learn from COP27 and the G20 Summit
The recent COP27 and G20 meetings witnessed an abundance of commitments. These have shown that there is no end to globalisation. They also reveal that the relationship between trade and climate is complex and that the developed countries maintain their grip on the development narrative. ...
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The war in Ukraine has an economic domino effect fuelling global social unrest
The war between Russia and Ukraine since 24 February has already had a global impact. Energy prices have spiked, triggering a sharp increase in the cost of food. The UN’s Food and Agriculture Organisation’s food price index that measures the monthly global price change in food commodities reached an...
