Roubini Topic Archive: Turkey
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Turko-phobia? Get Over It
History rarely presents us with ironies as rich as those that preceded the death of Osama bin Laden, the al-Qaida chief who dealt a devastating blow to the United States and, indirectly, drove infidel troops from Saudi land nearly a decade ago. The terrorist leader lived just long enough to witness an almost complete repudiation [...]
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Geopolitical Risks: The Not-So-Pacific Rim
While any region of the size and complexity of the Pacific Rim is bound to see flare ups of rivalry and conflict, the coastal zone stretching roughly from the Malacca Straits to the Korean Peninsula has proved particularly busy in the second half of 2010. Three major drivers explain the current volatility: China’s rise in [...]
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The Middle Makes Its Move
If anyone needed reminding that the American Century is over, Turkey and Brazil provided it by giving notice that they won’t stand aside as another nuclear nonproliferation crisis slides toward armed conflict. The standoff between the U.S. and its allies in Israel and Western Europe on one side, and Iran and its sympathizers around the world on the other, may or may not end in violence. But the surprise Turkish – Brazilian diplomatic coup this week makes it clear that nations once relegated to the second-tier of influence in the world refuse to watch from the sidelines in deference to American power this time around.
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Beware of Greeks Buying Ships
How Secret Greek Military Spending, and Cold War Thinking, Helped Push the Eurozone to the Brink of Disaster
In the final moments of Stanley Kubrick’s brilliant Cold War farce Dr. Strangelove, the American president and his military advisors are evacuating the war room, having bumbled with the Soviet Union into a full exchange of nuclear weapons that will destroy most life on earth. As they head to their subterranean bunker, the hawkish Gen. Turgidson (played by George C. Scott) has a brainstorm about the world survivors will emerge into a century later when the fallout dissipates.
