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Austerity takes toll on Greece’s Tsipras
Europe

Austerity takes toll on Greece’s Tsipras

The ‘House of Marxist Factions’ that was Greece’s Syriza party has gone. Talking leftist politics while implementing austerity is the gamble that Greek Prime Minister Alexis Tsipras must continue to take while forging a new catch-all left-wing party for Greece. Our special correspondent Markus Bernath reports from Athens. Syriza’s new headquarters in […]

Cultural rights are not for sale
Cyprus Mediterranean

Cultural rights are not for sale

The island of Cyprus has been divided since 1974 when the political and ethnic differences between the Greek-Cypriots and Turkish-Cypriots came to a head in a coup inspired by the military junta ruling in Greece and the subsequent invasion of the island by the Turkish army. Over the last 42 […]

Terror hits Istanbul again
Terrorism Turkey

Terror hits Istanbul again

Turkey has suffered another deadly terrorist attack in Istanbul. Each attack adds not only to the list of dead and wounded, but also to the growing anxiety within Turkey that the wars in Syria, Iraq and the country’s southeast are making their way into the lives of everyday people. Chief […]

New energy era a dilemma for East Med
Energy Mediterranean

New energy era a dilemma for East Med

Energy prices have fallen sharply in the last 18 months and oil is likely to hover around $50 a barrel for the foreseeable future. Gas prices too have plunged to a point where developing the East Mediterranean gas finds hardly seems worthwhile, as energy expert Charles Ellinas told a recent […]

Erdogan installs yes-man premier
Turkey

Erdogan installs yes-man premier

Turkey’s new prime minister will be everything that President Recep Tayyip Erdogan could want – loyal, quiet and compliant.  Binali Yildirim’s name means ‘thunderbolt’ in Turkish, but it’s clear that any thunderbolts he hurls from Turkey will be handed to him from above. Global Sources Magazine special correspondent Gareth Jenkins plots the rise of Yildirim and […]

The left hand of Greek diplomacy
Europe

The left hand of Greek diplomacy

Exclusive interview: Mass immigration has given Europe an identity crisis and left the European Union seeking answers to questions that aren’t even being posed, Greek Foreign Minister Nikolaos Kotzias tells Global Sources Magazine special correspondent Markus Bernath. Although Greece’s economy remains in dire straits, Kotzias is trying to inject some energy into its foreign policy and […]

Who controls Libya’s money?
Africa Mediterranean

Who controls Libya’s money?

The international community is struggling to help Libya craft a new unity government acceptable to all the warring factions – and its two existing governments. The country’s institutions meanwhile are trying save the nation from total economic collapse. Responsibility for administrating Libya’s investments falls on the Libyan Investment Authority (LIA), the state sovereign wealth fund, whose executives and representatives recently […]

The grim organic crisis of the Middle East
Middle East

The grim organic crisis of the Middle East

Fawaz Gerges is professor of Middle East politics and international relations at the London School of Economics, author of several acclaimed books on Middle East turmoil, and is frequently appears on international news networks. At the recent Economist Mediterranean Leadership Summit, Gerges painted a grim picture of a Middle East […]