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Over-reliance on net errors and omissions is dampening hopes for recovery in an economy dependent on external sources

Osman Şenkul In the International Monetary Fund’s (IMF) analysis titled “Crosscutting Issues in Compiling Balance of Payments and International Investment Position Statistics”¹ analysis, in its assessment of the ‘net errors…

Similarities with what we are experiencing and the 1929 Depression

Osman Şenkul The 1929 Depression, which originated in the United States and profoundly shook the entire world, even triggering the Second World War that claimed millions of lives, erupted as…

Chomsky: A Green New Deal can create jobs and livelihoods

Noam Chomsky History is all too rich in records of horrendous wars, indescribable torture, massacres, and every imaginable abuse of fundamental rights. But the threat of destruction of organised human…

How your car’s paint worsens the urban heat island effect

The study found that black cars increased heat by almost 4°C on hot summer days. On a scorching summer day, a parked car can feel like a furnace. New research…

The economic crisis has now been compounded by a drought and water shortage crisis

Levent Gürses Alongside the economic crisis that has been ongoing in Turkey for years, the country is experiencing severe drought and water shortages in cities. With no rain falling for…

Is the building crumbling?

Can Baydarol We ended the week with warnings coming from the European Union front. First, the former Italian prime minister, then European Central Bank President Mario Draghi raised the question,…

Alexander Elder: Bull market proceeds in an orderly fashion

Dr Alexander Elder This Wednesday, the market opened flat, near the level of Tuesday’s close. It gave us a slow but steady rally, closing near the high of the day.…

Should banks be telcos (and vice versa)

Chris Skinner I’m such a futurist nerd in banking that, thirty years ago, I forecast banks would open telco services and vice versa, and can prove it if you want.…

Geneva talks on plastic pollution reach a deadlock

Efforts to reduce global plastic pollution, which have been ongoing for years, have reached an impasse due to the United States’ opposition to production restrictions, which many countries see as…

Scenario

Can Baydarol Immediately after the bilateral summit between Trump and Putin in Alaska, several European leaders, the NATO Secretary General and Zelensky met at the White House to discuss the…