Political risk is a perennial concern for foreign investors in Turkey, and a frequent cause of volatility on the Istanbul markets. Yet despite threats of military coups, an on-again off-again EU accession process, deep social tensions between secularist and moderate Islamist institutions, and a protracted ethnic Kurdish insurgency, the Turkish economy and financial markets have [Read more...]
Personally I thought it would be some time before President Obama was next forced to put his diplomacy skills to the test, but just a few days after condemning the Iranian authorities’ crackdown on protestors, another political crisis is dumped on his doorstep. At first glance, Honduran politics seems like a relative backwater when compared [Read more...]
Recent events in Madagascar remind me that coups remain a clear and present danger in sub-Saharan Africa. Just two weeks after the assassination of Guineau-Bissau’s president, Madagascar’s leader has been ousted by the opposition. Sure, some countries have been making democratic headway, with Ghana’s December 2008 elections having cemented the nation’s reputation as a beacon [Read more...]
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