Once a premium destination for overseas investors, Turkey’s power sector has recently been struggling with the impact of lower-than-expected growth rates, partial market liberalisation and fixed, long-term natural gas contracts. Power generation firms face further stress as the economic impact of the pandemic bites. Efforts to arrange a new debt restructuring deal have been delayed by the virus and wider economic woes, casting uncertainty over future demand. However, the sector retains some high-grade assets, however, which may attract future investor interest.
The surprise attack on the Saudi Abqaiq and Khurais oil facilities in September has drawn attention to the increasing role of Unmanned Aerial Vehicles (UAVs), commonly known as drones, in conflict. Innovations in military technologies require a new strategic discourse, but in the realm of unmanned warfare there remains a number of crucial unanswered questions, both about the impact of UAVs on political and military decision making, and the ethical and legal implications of their usage.