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ARTICLE SUMMARY With nearly $700 billion in various assets in Turkey, foreign investors represent a crucial factor of pressure on Ankara's economic policies. Since President Recep Tayyip Erdogan left global…Read more →

ARTICLE SUMMARY An increasing number of observers see an inevitable prospect of Turkey seeking an IMF bailout, yet the country is not on its beam-ends yet and the outcome of…Read more →

With snap presidential and parliamentary polls only a month away, Turkey is grappling with currency turmoil that has stoked apprehension over Ankara’s ability to contain its growing economic woes. Not…Read more →

ARTICLE SUMMARY Scrambling to ease a bruising hard currency crunch, the Turkish government has enacted a wealth amnesty bill that opens the door to the repatriation of shadowy money from…Read more →

ARTICLE SUMMARY Though the flight of foreign investors is often cited as the main factor behind the slump of the Turkish lira, official data indicate that growing distrust in the…Read more →

ARTICLE SUMMARY The Turkish government’s rush to hold elections in June is driven by economic woes that even its attempts at 'doping-induced' growth have failed to overcome. For governments, times…Read more →

ARTICLE SUMMARY Turkey’s sovereign wealth fund, which holds key public assets worth $160 billion, has stumbled badly since its hasty creation in 2016. During Russian President Vladimir Putin’s April 3…Read more →

ARTICLE SUMMARY Amid failing efforts to halt the slump of the Turkish lira, President Recep Tayyip Erdogan and senior Cabinet members appear increasingly at loggerheads over how to keep the…Read more →

On March 29, the Turkish Statistical Institute (TUIK) announced that the country’s gross domestic product grew 7.4% in 2017, the highest rate in the past four years. The 7.4% rate made Turkey the second fastest-growing economy in…Read more →

ARTICLE SUMMARY Istanbul’s giant new airport, scheduled to partially open in October ahead of key elections next year, has become a headache that threatens to carve a black hole in…Read more →

ARTICLE SUMMARY The Turkish government’s plan to privatize 14 sugar plants has sparked nationwide protests, irking not only factory workers and local communities but also Turkish consumers in general. A…Read more →

ARTICLE SUMMARY Led by national carrier Turkish Airlines, Turkey’s civil aviation sector has grown impressively since 2003, but its heyday may be over due to the strain of economic and…Read more →

ARTICLE SUMMARY Mounting political tensions, uncertainties and declining rule of law in Turkey are pushing Turkish entrepreneurs to consider investing abroad. Turkish tycoon Rahmi Koc announced last month that his business…Read more →

As expected, Turkey this month posted a sensational growth rate for the third quarter of 2017. The economy ostensibly grew 11.1%, which put the overall rate for the first nine months at…Read more →

ARTICLE SUMMARY Turkey’s financial markets remained relatively calm in the face of bribery confessions and other allegations targeting President Recep Tayyip Erdogan. The sanctions-busting case in the United States involving prominent…Read more →