Erdoğan learns the hard way, as Turkish people pay the bill

Erdoğan learns the hard way, as Turkish people pay the bill

The government had spent some $100 billion to keep the lira's value below 7 per dollar,...
Economic dynamics of Turkish finance minister’s departure

Economic dynamics of Turkish finance minister’s departure

President Erdoğan (L) speaks to Treasury and Finance Minister Albayrak (C) and Energy Minister Dönmez via...
Clues on short-term policies in Turkey’s new program

Clues on short-term policies in Turkey’s new program

Treasury and Finance Minister Berat Albayrak reveals the new economy program. (Photo: Ministry) The government revealed...
Turkey’s self-styled economy policy: an expensive lesson

Turkey’s self-styled economy policy: an expensive lesson

Economist Uğur Gürses on Minister of Treasury and Finance Berat Albayrak: "He was the minister in...
Reconciliation with Greece, EU good for Turkish economy

Reconciliation with Greece, EU good for Turkish economy

Turkey's relations with the EU was on the agenda at the talks between Turkish President REcep...
Ankara is about to lose control over key issues

Ankara is about to lose control over key issues

President Erdoğan fails to see that control is about the be lost over many key issues...
COVID-19 and the interest-driven Turkish economy

COVID-19 and the interest-driven Turkish economy

(Photo: Pixabay) 1. Low interest-high growth proved unsustainable The first week of September was rather intense...
Turkey: natural gas, current account deficit, and growth

Turkey: natural gas, current account deficit, and growth

The deficit and the Resource Curse The cost of extraction and the annual potential production level...
No Turkish-Greek war at sight but COVID fight gets worse

No Turkish-Greek war at sight but COVID fight gets worse

The number of new patients is 15-fold up when compared to official estimates in early June...
Gürses: ‘Superior minds,’ sovereign rating and natural gas

Gürses: ‘Superior minds,’ sovereign rating and natural gas

Fitch has lowered Turkey’s outlook to negative as the Turkish Lira's losses against the U.S. dollar...
Successor of Erdoğan? Albayrak, Soylu, someone else?

Successor of Erdoğan? Albayrak, Soylu, someone else?

President Tayyip Erdoğan (L) announces a 320 billion cubic meters of natural gas discovery in the...
Five facts about Turkey’s gas finding in Black Sea

Five facts about Turkey’s gas finding in Black Sea

Fatih drilling ship sets sail for a Black Sea exploration mission on May 29. (Photo: Twitter)...
Money for Nothing: currency crisis in Turkey

Money for Nothing: currency crisis in Turkey

The Turkish opposition parties call on President Erdoğan to let go his Finance and Treasury Minister...
Three fault lines of the AKP ground

Three fault lines of the AKP ground

President Erdoğan's AKP is facing debates on the Istanbul Convention, the coronavirus pandemic and the economy....
Is it possible to borrow without paying interest?

Is it possible to borrow without paying interest?

Profit-sharing instead of interest, is the main distinction of Islamic banking from the conventional one but...
A worrying inflation of crisis in the bigger Turkey picture

A worrying inflation of crisis in the bigger Turkey picture

Every single one of these developments could on its own trigger a crisis in any given...
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    Turkish Defence Minister Hulusi Akar has paid an unscheduled visit to the built-up Turkish troops in Şanlıurfa at Syria border on August 16 with Chief of Joint Staff General Yaşar Güler and force commanders. The obvious aim of the visit is to supervise the process of establishing a Joint Operation Centre with the U.S. forces...
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    Russian missiles separate NATO allies U.S. and Turkey

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    Turkey asks U.S. to revoke its F-35 removal decision to avoid “irreparable damage” in ties.

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    More U.S. sanctions might further push Turkey toward Russia

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    Reunion of Orthodox churches in Istanbul despite Putin, greets Erdoğan

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