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Hercules against the Troika

Greek Prime Minister Alexis Tsipras may be inclined to identify with the Greek hero Hercules as he battles the many-headed hydra of the EU Commission, the European Central Bank and the International Monetary Fund. But he’s more likely to remind Europeans of a lone French leader who kept returning to […]

Hope rebounds for East-Med energy

Energy euphoria in Cyprus and Israel quickly fizzled out in gloom, dry wells and acrimonious political and business wrangling. Now however, Global Sources chief editor Gary Lakes discovers that Aphrodite is back, and commercial, and has plans. The wily goddess has a new smile and yes, new energy. IN Cyprus […]

No more Babacans

Ali Babacan, deputy prime minister of Turkey, has been the steady hand on the country’s economy. His presence has reassured markets and investors, but he will not be in the next government. In this special report for Global Sources Magazine, Markus Bernath, a correspondent for Der Standard and Europolitics, surveys […]

Turkey: An identity undefined

Matthew Bryza, a former US Ambassador to Azerbaijan, member of the National Security Council, and Deputy Assistant Secretary of State, is now an Istanbul-based international consultant on business and democratic development. At a recent conference in Nicosia, Global Sources Magazine editor Gary Lakes asked him about the parliamentary election in […]

Azerbaijan’s false Euro-mask

FROM ancient times Azerbaijan was famed for its “burning rocks” and in the 19th century oil men and companies made careers and fortunes from easily accessible crude oil. After being freed from Soviet domination in 1991, the Caspian Sea state invited Western oil companies to pump and export huge volumes […]

Mouse, bear – no problem

Once upon a time there was a mirror in Nicosia that sucked in anyone who lied in front of it. One day a Greek Cypriot goes in front of the mirror and says, “I’m thinking it’s time we solved the Cyprus problem.” He vanished as the mirror sucked him in. […]