Eurasia Press & News

While the international banking crisis appears to be temporarily eased, the United States’ commercial real estate market is showing signs of trouble. Recently, Brookfield Asset Management, one of the world’s largest investment managers, defaulted on a USD 161.4million commercial mortgage-backed securities (CMBS) loan to a dozen office buildings mostly around …

The international coalition fighting the Islamic State (IS) group in Iraq and Syria said Monday there has been a “reduction in attacks” by jihadists in both countries this year. The IS extremists in 2014 launched their self-proclaimed “caliphate” across swathes of both countries in a campaign marked by its brutality …

Serbian President Aleksandar Vučić announced today in Belgrade that Serbia will reciprocally respect the territorial integrity of countries that respect the integrity of Serbia. “In our foreign policy, we will take care of bilateral relations, not to go beyond the limits of reciprocity, if someone does not respect the territorial …

The Committee of Ministers of the Council of Europe, at the session held yesterday, decided to start the procedure for considering Kosovo’s request for admission to that organization. Against this proposal were Romania, Cyprus, Spain, Azerbaijan, Georgia and Serbia, as well as Hungary, even though the country recognized the independence …

After weeks of escalating tensions, open military clashes broke out on April 15 between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF), where the latter is a powerful paramilitary group. Despite the fact that both groups were previously close allies who jointly seized control of Sudan in …

Issuing a statement, the Turkish Ministry of Defense announced that the Turkish army has renewed airstrike on the positions of PKK elements in northern Iraq. According to the statement, three PKK elements were killed in the attack. Earlier on April 17, two people were killed and two others were injured …

American Power’s Staying Power In the 1990s and the early years of this century, the United States’ global dominance could scarcely be questioned. No matter which metric of power one looked at, it showed a dramatic American lead. Never since the birth of the modern state system in the mid-seventeenth …

For many years, the US dollar has been the official currency for international commerce. However, there has recently been discussion of developing a new currency in order to replace the dollar and challenge the dollar’s hegemony. The situation worsens in 2022, when the world witnesses an unprecedented wave of sanctions …

Brazil, Chile, Nigeria, and Kazakhstan are four key “priority countries” the EU aims to keep close in its efforts to deal with Russia and contain China, according to an internal memo seen by EURACTIV. “We find ourselves in a competitive geopolitical environment: not only a battle of narratives but also …

In March 2023, at his summit meeting in Moscow with Chinese President Xi Jinping, Russian President Vladimir Putin announced that he was ready to create a joint Chinese-Russian working group to develop what the Russians call the Northern Sea Route (NSR) and the Chinese the Polar Silk Road (TASS, March …