Turkey's Resurgence

The sudden replacement of the bank’s hawkish governor with an Erdogan loyalist portends a return to lower interest rates and currency volatility.

A look at what the coming week will bring -- and a list of recommended Stratfor articles from the week that was.

In this episode of Baker's Dozen, host Rodger Baker speaks with Lasha Kasradze, a Eurasia analyst who specializes in the Caucasus about Georgia and the tentative geopolitical situation of the Greater Caucasus, where great powers and lesser powers have been jockeying for position.

A slow economic recovery could prompt Erdogan to demand the central bank lower its interest rates, once again casting doubt on the independence of Turkey's financial institutions.

The talks will likely defuse the threat of a military conflict in the Mediterranean, though Ankara and Athens are unlikely to resolve their deeper disputes.

Clashes in the strategic town of Ain Issa will remain a threat as Ankara and its Syrian proxies seize the opportunity to bolster their position against U.S.-backed Kurdish forces.

The new U.S. sanctions on Turkey's defense sector will impede the Biden administration’s ability to foster a more productive relationship with Ankara.