Eurasia Press & News
The crashes of Silvergate, Silicon Valley Bank, Signature Bank and the related bank insolvencies are much more serious than the 2008-09 crash. The problem at that time was crooked banks making bad mortgage loans. Debtors were unable to pay and were defaulting, and it turned out that the real estate …
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March, 2023
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20 March
Bitcoin And Geopolitical Rivalry – Analysis
Bitcoin, the flagship stateless cryptocurrency, is a double-edged sword that can either strengthen or harm national power. As financial warfare becomes increasingly complex, this decentralized cybercurrency is acting as a versatile strategic instrument of statecraft that can play various roles under confrontational geopolitical circumstances. This under-researched subject matter needs to …
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20 March
The Saudi–Iran Rapprochement – Analysis
In a major breakthrough, on 10 March 2023, Saudi Arabia and Iran signed an agreement to restore their diplomatic relationship, which was severed in 2016 after the Saudi Embassy in Tehran and Consulate in Mashhad were ransacked by protesters demonstrating against the Saudi execution of Shia cleric Nimr Al Nimr. …
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20 March
BATTERED BY SANCTIONS AND SHAREHOLDER EXITS, IS END NIGH FOR RUSSIAN ‘SPY BANK’ IN HUNGARY?
The clock is ticking for the Budapest-based International Investment Bank as its desperate search for cash or new shareholders looks increasingly hopeless. February could prove to be a defining month in the more than 50-year history of the Russian-led International Investment Bank (IIB) – one which a growing number of …
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20 March
Moldova’s Ruling Party Moves to Settle Decades-Old Language Row
By replacing ‘Moldovan language’ with ‘Romanian’ in the country’s constitution, Moldova’s ruling party hopes to shore up its pro-European tilt. Abill to enshrine Romanian as the official language of Moldova in the country’s constitution, replacing ‘Moldovan’, is expected to pass a second and final reading in parliament on Thursday, in …
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20 March
Poland’s Election Year Set to Turn into a Crusade as Politicised Religion Resurfaces
The issue of Pope John Paul II’s alleged cover-up of child abuse is likely to rally PiS’s hardcore conservative Catholic voters in what will be a make-or-break electoral campaign. In Poland the late Pope John Paul II is not only a saint, but an iconic anti-Communist hero who to some …
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20 March
Who Undermines Fragile Peace In BiH? – Analysis
The situation in Bosnia and Herzegovina is becoming increasingly complicated, not just because of the intensification of the armed conflict in Ukraine, but also because of the process of establishment of the government after the general elections in October 2022. At the level of Bosnia and Herzegovina the government was …
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20 March
Pakistan: IMF Assistance Too Near, Yet Too Far – OpEd
There are no known reasons about what is causing he delay in IMF Staff Level Agreement. According to media reports the Fund seeks assurances from the friendly countries for funding gap. It seems the program is near from the Government side, but still too far from the IMF side. In …
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20 March
New Possibilities In Middle East Politics? – OpEd
On March 10, a special announcement aimed at easing the hostility between Saudi Arabia and Iran came from both sides. China was the mediator of the talks held in Beijing. After four days of talks, two regional rivals in the Middle East, Iran and Saudi Arabia, have agreed to restore …
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20 March
The Politics Of Dialogue: How EU Can Change Conversation In Kosovo And Serbia – Analysis
Introduction In September 2021 a political crisis erupted in northern Kosovo. The government in Pristina had decided to implement the provisions of an agreement on identification cards and car licence plates, which inhabitants of northern Kosovo – mainly Serbs – were against. Serbs in the north complained that they were …
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