Turkey has some similarities with the Asian crisis countries back in the 1990s, but also important differences. When emerging-market crisis typologies are updated to reflect the events of 2018, Turkey should enter into the pantheon on its own, not just as a sub-category of “Asian-style” crises.
Next week Donald J. Trump returns to the United Nations for the annual opening of the UN General Assembly. While Trump exceeded expectations during his first UN appearance last year, he will face more pushback this time around. The president will encounter a more skeptical global audience, woke to the reality that his administration's diplomacy is all take and no give.