News & Insights

Mexico’s Peso Surges to Strongest Level Since 2015

Veracity’s CEO Jay Truesdale spoke with the The Wall Street Journal on the strong performance of the Mexican Peso over the last year. He stated that investors are looking beyond concerns about the investment climate and focusing on Mexico`s robust economic fundamentals, noting that "its structural at this point rather than short-term." Truesdale added that, compared to other emerging markets, Mexico has a low debt burden relative to the size of its economy.

Ukraine Crossing Dnieper River Would Be a Nightmare for Russia

In this Newsweek article by Russian & Ukraine correspondent Brendan Cole, Veracity Worldwide CEO Jay Truesdale discussed the potential implications should Ukrainian forces successfully cross the Dnieper river. He noted that "the (Russian) MOD's weighing in on tactical events demonstrates how significant potential losses are for the Russian military's morale and logistics", and highlighted how important this is in light of Wagner's recent rebellion."

Expectations Ahead of the Vilnius NATO Summit

The upcoming NATO summit in Vilnius will see allies and partners projecting unity, strength, and a clear sense of purpose. Yet beneath the surface, dynamics within the institution remain brittle. This is in part due to the complexity of addressing multiple global threats, as well as the reality that NATO's success rests on the commitment and direction of its largest ally, the United States. In this commentary by Veracity Worldwide CEO Jay Truesdale, which was also published by Barron’s, we assess the key issues expected to take center stage at this year’s summit.

By Jay Truesdale

NATO Wants to Project Strength. Its Internal Dynamics Remain Brittle.

Commentary by Veracity Worldwide CEO Jay Truesdale on expectations for the Vilnius NATO summit were published as a separate feature by Barron’s. The piece outlines the key themes that will likely dominate discussion and assesses the state of NATOs internal dynamics. Truesdale notes that there is agreement among allies and partners on resisting Russian influence, defending democracies globally, and countering emerging challenges in the Indo-Pacific. Debate continues, however, on what security guarantees should be given to Ukraine, and the status of NATO’s newest ally, Sweden.

Putin and the Consequences of Wagner’s Rebellion

While questions remain about the origins, objectives, and implications of Wagner’s armed rebellion, Prigozhin’s actions are already having an impact on Russian politics, with additional near and longer-term consequences both inside and outside the country certain to take shape. In this Veracity Insight piece, as well as in articles by POLITICO Europe and Newsweek that feature commentary from Veracity Worldwide CEO Jay Truesdale, we assess how these dynamics may affect stability in Russia, the war in Ukraine, and geopolitics related to Africa, China, and Russia’s near abroad.

By Jay Truesdale and Gabriel Santamaria de Zulueta

Wagner Rebellion Eyes Moscow As Putin’s Grip on Power Threatened

In this Newsweek article by Russian & Ukraine correspondent Brendan Cole, Veracity Worldwide CEO Jay Truesdale discussed the implications of Wagner's rebellion. He noted that Wagner was able to advance towards Moscow because the Russian army's best units are deployed in Ukraine, and that "Putin has relatively limited conventional and special operations forces to deploy for the purposes of a civil conflict."

MOSCOW’S FORCES NOT EQUIPPED TO STOP WAGNER

POLITICO Europe ran a piece featuring insights from Veracity Worldwide CEO Jay Truesdale, formerly a U.S. diplomat in Ukraine and Russia, on Wagner Group’s armed rebellion. Jay noted that Russia’s armed forces were unable to deal with the immediate threat from Wagner “because the best members of its armed forces are deployed or suffered casualties in Ukraine.”

Can the President of Honduras meeting Xi Jinping ease the country’s financial crisis?

Voice of America Cantonese ran a piece and published a video featuring insights from Mitch Hayes, a director at Veracity, on economic and trade exchanges between Honduras and China. Hayes noted that Chinese companies see Latin America as an attractive market for their high-value exports such as mobile phones and electric vehicles.

Erdogan Likely To Continue Engaging With Both West And Russia

In this Washington Post article, Veracity Worldwide CEO Jay Truesdale analyses Erdogan's foreign policy following recent run-off elections. He notes that Erdogan has maintained a "multi-vector foreign policy," often to the detriment of Turkey’s alliances with the West. However, he comments that "Turkey will likely signal it is open to some form of rapprochement, such as by encouraging parliament’s ratification of Sweden’s accession to NATO." Syndicated by the Associated Press, this article has been featured by over 240 news outlets, including ABC News, NewsNation, and MarketWatch.

‘I can do it’: Erdogan promises Turkey more strongman medicine

In this Financial Times feature by Turkey correspondents Adam Samson and Ayla Jean Yackley, Veracity Worldwide CEO Jay Truesdale discusses the implications of Erdoğan's victory in recent run-off elections. He notes that dropping opposition to Sweden’s NATO entry would "begin to thaw some of the very icy relationships Turkey has with its allies" and help lure back investors.

Transatlantic Relations and the Geopolitics of Central Europe

Veracity Worldwide CEO Jay Truesdale gave closing keynote remarks at a conference on “The New Geo-Strategic Environment for Transatlantic Cooperation and Values,” sponsored by the Center for the Advancement of Security and Politics in Euro-Atlantic Relations (CASPER). Speaking alongside the former Ukrainian Minister of Foreign Affairs, the former US Ambassador to NATO, and the Chairman of the Hungarian Parliament’s Committee on Foreign Affairs, Truesdale commented on evolving opportunities and challenges for Central Europe following Russia’s invasion of Ukraine.

Turkey’s ultra-nationalist outsider basks in run-off fame

In this article by AFP's Turkey correspondents Fulya Ozerkan and Imran Marashli, Veracity Worldwide CEO Jay Truesdale comments on the potential outcome of the Turkish run-off election on May 28. He notes that "the winning equation will not be a simple sum of Erdogan's votes plus those won by Ogan, since many Ogan voters are also calling for change."

TURKEY’S PRESIDENTIAL ELECTION: PRELUDE TO THE REPUBLIC’S NEXT CENTURY

Turkey will hold a pivotal presidential election on May 14, just months before the Turkish Republic celebrates the 100th anniversary of its founding. After two decades of President Recep Tayyip Erdogan in power, opposition candidate Kemal Kilicdaroglu stands a strong chance at the polls. In this piece, we assess how voters will weigh their choices in the context of Turkey’s economic woes and national security challenges, and what this means for international investors.

By Jay Truesdale, David Stevens, and David Alm

In a blow to Taiwan, Honduras switches relations to China

The New York Times ran a piece featuring insights from Mitch Hayes, a director at Veracity, on Honduras aligning with China, thereby severing ties with Taiwan. An expert on China's relations with Latin America, Mitch notes that while Honduras's decision might upset Washington, it could be seen as a rational move for an emerging economy such as Honduras.

What Will Honduras Gain By Establishing Ties With China?

Veracity director Mitch Hayes was invited to share his analysis of Honduras' break with Taiwan, in a round-up of thought leadership on the issue for the Inter-American Dialogue. Mitch joins academics and analysts in this overview captures the motivations and implications of Honduras's move. Mitch suggests that "President Xiomara Castro's bargain may sacrifice long-term sovereignty for short-term political gain.”