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Tag: turkeyeconomy

Geopolitics

The Strait of Turbulence: How a Chokepoint Crisis Exposes the Structural Chains on Turkey's Ascent

The reopening of the Strait of Hormuz has exposed the deep structural vulnerabilities of Turkey's energy-dependent economy, with high import costs crippling its currency and trade balances despite short-term financial maneuvering. This painful reality tragically illustrates how nations of the Global South, caught in the web of Western-dominated financial architectures and unfair trade blocs, are punished for seeking their own economic sovereignty and development pathways.