Category Archives: Turkey

US Tightens the Screws on Turkey Over Cooperation with Russia 


By Conor Gallagher Two of Turkey’s largest banks are no longer accepting Russia’s Mir payments system. The moves on September 19 come following threats from the US of secondary sanctions. Turkey’s largest private lender IsBank and Denizbank, a Turkish unit of the United Arab Emirates’ NBD, were the banks who suspended services. Visa and Mastercard […]

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What the Fighting between Armenia and Azerbaijan Is Really About and Why It’s Likely to Get Worse

By Conor Gallagher Ever since the breakup of the USSR, Azerbaijan and Armenia have been locked in a dispute over Nagorno-Karabakh, an enclave recognized as Azerbaijani territory by the international community but mostly populated by ethnic Armenians. They fought a war there two years ago when Azerbaijan grabbed land in a six-week conflict that led […]

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