Türkiye has been facing many vital challenges since the end of the Cold War, especially in the last decade. Türkiye tried to overcome these challenges together with its allies. There was a high level of cooperation between Ankara and its Western allies during the first decade of the Justice and Development Party (AK Party) governments.

U.S. Commerce Secretary Gina Raimondo focused on managing trade issues between the two countries during her four-day visit to China. Following her meeting with her Chinese counterpart Wang Wentao, Raimondo announced the creation of a joint forum to reduce tension. She emphasized that the Biden administration would not compromise on national security by advocating for restrictions on chip exports. Raimondo's visit marked the first by a U.S. Commerce Secretary to China in five years and followed visits by Secretary of State Blinken in June and Treasury Secretary Janet Yellen in July. It is clear that the Biden administration is continuing its economic struggle with China while attempting to reduce rising tensions to safeguard American economic interests and capital in the country.

BRICS was established as an economic bloc by the fastest-growing countries, namely Brazil, Russia, India, China and South Africa. BRICS has positioned itself as an economic bloc and an alternative to the G-7, the economic bloc of the most advanced countries, since the first summit held in 2009. While the G-7 represents the advanced Western world and the North, BRICS represents the non-Western world and the Global South.

Here is why gold has recently been the main instrument of political revolt against the U.S.-dominated financial order.

Kashmir has been the subject of regional disputes between Pakistan, India and China since the late 1940s. The colonial power divided the Kashmiri territory into three parts, reflecting the infamous divide-and-rule colonial principle. Article 370 of the Indian Constitution, which gave special status to Kashmir, was considered a permanent feature of the Indian Constitution. It also granted the region the right to have a separate constitution, a state flag and large autonomy over the internal affairs of the state. According to the article, the Muslim majority of the region would live under separate laws.

The world is changing, just as once visualized by the Lord of the Rings author J.R.R. Tolkien. Financial systems, payment systems, and transfers are all going digital. Cash usage is in decline all over the world. As an additional (but totally new generation) payment choice, central bank digital currency (CBDC) is the future of money and payment systems.

Western countries, including politicians, business circles, academia and media, have been insistently and deliberately otherizing and alienating Islam and Muslims for the last three decades. Immediately after the collapse of the Soviet Union, the end of the Cold War and the elimination of the communist threat, influential Western circles began to consider Islam and Muslims the main threat to the Western-dominated world hegemony.

Russia’s suspension of the Black Sea grain deal continues to capture the global media’s attention as that decision disproportionately hurts African nations. Having hosted 17 African heads of state and government last week, the Kremlin used the discourse of “opposing new Western colonialism together” at the Russia-Africa Summit – where Russian President Vladimir Putin pledged free grains to Africa.

It cannot be said that the efforts of Turkish foreign policy to open up space for itself through pragmatic steps in line with regional and global balances are adequately understood. Analyzes that depict Türkiye as "breaking away" from the Western alliance are based on the misconception that Türkiye cannot rationally determine its national interests and act accordingly. When every relationship President Erdogan develops beyond the Transatlantic alliance is presented as either an alternative to the West or a distancing from the West, unfounded prejudices about Türkiye's foreign policy emerge. As analyses of Türkiye are reduced to variations of the perception of a country caught between the West and the East, constantly experiencing ebb and flow, problematic perspectives on Turkish foreign policy become widespread. Unless it is based on the assumption that Türkiye has legitimate national interests and priorities, these analyses lose their ability to provide a profound explanation.

France has been facing violent mass protests in the wake of a recent police shooting. The killing of a 17-year-old boy named Nahel, who was of Algerian descent, by French police in Nanterre on June 27 has sparked outrage among the public. The tragic incident has been viewed as a violation of human rights, prompting widespread protests and riots across several cities in France. The response from the public has gone beyond solely addressing this particular incident, reflecting a broader concern over human rights violations and long-time discrimination faced by individuals of migrant origin, particularly those of African descent and Muslims.

The Biden administration is struggling to formulate a comprehensive and effective China policy. While the Trump era saw constant pressure on China, attempting to limit its sphere of influence, the Biden administration embarked on a path of both competition and cooperation. Despite a general consensus across both parties about the need for the United States to contend with China, it is evident that crafting a concrete and effective China policy remains challenging. The planned visit of Secretary of State Blinken to China in February, expected to ease the escalating tensions and establish a "constructive" framework, was postponed due to the strain caused by the "spy balloon" incident, further highlighting the fragility and lack of trust in the relationship. However, there is no indication of any tangible outcome achieved during Blinken's visit.

The world system has undergone a large-scale transition for the last two decades. The ultimate victory of the United States declared after the collapse of the Soviet Union in 1991 lasted only for a decade. In spite of giving an effective answer to the Sept. 11 terrorist attacks, the U.S. has been unable to maximize its national interests at the global scale and provide international peace and stability.

The Ukrainian forces are launching a counteroffensive, aiming to achieve a decisive result and bring an end to the Russian occupation. However, due to their lack of air superiority, they risk suffering significant losses in this attack. The outcome of this offensive will determine whether discussions about the end of the war can begin or if the conflict will prolong for years to come.

The participation of Ukrainian President Zelenskyy in the G-7 summit in Hiroshima holds significant symbolic importance. The choice of Hiroshima sends a message of a nuclear-free world, while Zelenskyy's surprise attendance draws attention to the possibility of Russia using nuclear weapons. In addition to this emphasis, the explicit support of G-7 countries for Zelenskyy and President Biden's statement on F-16s also stand out as political developments with a deterrent effect on Russia. By addressing the Taiwan issue, a clear political message was conveyed, making this G-7 meeting the most politically significant so far.

Türkiye will hold a historic election that could influence both regional and global power balances. Under the leadership of President Erdogan over the past 20 years, Türkiye has faced significant challenges and achieved important successes. When looking at Türkiye's role in the international arena, we have seen that it has been managing regional conflicts and global power struggles with its own foreign policy will. The election will have critical results not only for domestic political developments, the economy and security, but also for foreign policy.