Levent Gürses The Central Bank made a significant cut in its policy interest rate, in line with expectations. The one-week repo auction rate was cut by 250 basis points to…
Osman Şenkul In his famous book ‘The Republic’, the Greek philosopher Plato states, ‘The servants of the state (civil servants) must serve without accepting any gifts; those who do not…
Noam Chomsky (The Progressive)¹ The Bulletin of the Atomic Scientists’ Doomsday Clock has recently been set to ninety seconds to midnight, the closest it has come to termination. The analysts…
Chris Skinner Twenty years ago, four critical things happened: cloud computing became mainstream, the smartphone was launched, Satoshi Nakamoto released the Bitcoin whitepaper; and the global financial crisis killed all…
Can Baydarol Even the title I chose for this article made me realise how ‘outdated’ I am, and it did cross my mind that the young people reading this would…
Levent Gürses In August, monthly inflation stood at 2.04 per cent, exceeding expectations of 1.79 per cent. According to Turkish Statistical Institute (TurkStat) data, annual inflation continued to decline due…
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…
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…
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…
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.…
The Central Bank cut interest rates, the dollar rose, the stock market fell…
Levent Gürses The Central Bank made a significant cut in its policy interest rate, in line with expectations. The one-week repo auction rate was cut by 250 basis points to…
Plato: You cannot enjoy kleptocracy without trampling on democracy
Osman Şenkul In his famous book ‘The Republic’, the Greek philosopher Plato states, ‘The servants of the state (civil servants) must serve without accepting any gifts; those who do not…
The clock is ticking
Noam Chomsky (The Progressive)¹ The Bulletin of the Atomic Scientists’ Doomsday Clock has recently been set to ninety seconds to midnight, the closest it has come to termination. The analysts…
AI is bigger than the smartphone
Chris Skinner Twenty years ago, four critical things happened: cloud computing became mainstream, the smartphone was launched, Satoshi Nakamoto released the Bitcoin whitepaper; and the global financial crisis killed all…
A comparative history of crises
Can Baydarol Even the title I chose for this article made me realise how ‘outdated’ I am, and it did cross my mind that the young people reading this would…
We grew in the second quarter thanks to construction, but we cannot control inflation
Levent Gürses In August, monthly inflation stood at 2.04 per cent, exceeding expectations of 1.79 per cent. According to Turkish Statistical Institute (TurkStat) data, annual inflation continued to decline due…
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…
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…
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.…