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New cheap labour and trade route begins operations

Osman Şenkul International news agencies and news websites based on them reported last week (29 July) on a report by Canalys, a research company established in Singapore by the London-based…

Olives are under threat, but the game goes on

Tayfun Özkaya The law allowing olive groves to be destroyed and used for mining has been passed. But the game is not over yet. Everything is not finished. I will…

Data Science In Finance – When you realise that finance is science

Chris Skinner In recent days, I’ve discovered a lot of theorems and ideas in digital areas where, when you integrate finance and technology, you realise that you are living in…

The downward trend in the global current account balance reversed

Pierre-Olivier Gourinchas¹ Global current account balances widened by a sizable 0.6 percentage points of world GDP in 2024. When adjusted to account for the volatility around the pandemic and Russia’s…

Interest rates fell by 3 potints but still the 2nd highest in the world

Levent Gürses The Central Bank reduced its policy interest rate by 300 basis points from 46% to 43%. However, the expectation was 2.5 points. The Central Bank also reduced the…

Good news from Ambassador Ossowski regarding Schengen: “Cascade”

Can Baydarol First of all, we are deeply saddened by the loss of Altan (Öymen), who was not only a beloved politician, journalist, and writer to CHP members but also…

Interest rates fell, but borrowing costs remain high due to CDS

Osman Şenkul According to some, interest, defined as the “price of money,” appeared alongside money and money-like instruments and was mostly determined on a seasonal or annual basis, depending on…

Bankruptcies rise and the industry in trouble due to high interest rates

Osman Şenkul In the 4th century BC (360-370 BC), more than 2,000 years before the famous corporate and bank bailouts of the early 21st century in the United States, the…

CBRT insisted on high rates that paved the way for the dictatorship 27 centuries ago

Osman Şenkul Istanbul, June 22 (HNA) – The first ‘state-guaranteed standard coins’ in history were put into circulation in Lydia, one of the most advanced city-states of Western Anatolia. The…

Veteran Banker Bülent Şenver: A World Central Bank and a World Banking Union should be established

Istanbul, June 2 (HNA) – Veteran Banker Bülent Şenver has proposed the establishment of a “World Central Bank” and a “World Bankers’ Union” to ensure global financial stability. Noting that…