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Rising oil prices add to Turkey’s economic woes (Al-Monitor, November 17, 2017)

• 18 Kasım 2017
• English, Makale

Atop an inflation rate stuck at 11%, an urban unemployment rate above 13%, a current account deficit close to 5% of gross domestic product (GDP), a growing budget deficit and a rapidly depreciating…Read more →

Gold trader case threatens economic fallout for Turkey(Al Monitor, November 9, 2017)

• 10 Kasım 2017
• English, Makale

ARTICLE SUMMARY The sanctions-busting case against Iranian-Turkish businessman Reza Zarrab in the United States has raised the specter of continuing tensions in US-Turkish bilateral ties, with serious implications for the…Read more →

Istanbul’s housing sector in turmoil (Al-Monitor, October 27, 2017)

• 28 Ekim 2017
• English, Makale

ARTICLE SUMMARY The increase in housing prices in Istanbul has fallen below both the inflation rate and the increase in construction costs, signaling serous trouble for a sector that has…Read more →

Turkish telecom giant may end up in government hands again(Al-Monitor, October 12,2017)

• 15 Ekim 2017
• English, Genel

ARTICLE SUMMARY The 2005 privatization of Turkish telecommunication company Turk Telekom, the largest in Turkey’s history, may go to waste as the majority stakeholders are struggling to repay loans. Turk…Read more →

Turks brace for tax hikes as Ankara scrambles to bridge budget gaps (Al-Monitor, Septembre 3, 2017)

• 4 Ekim 2017
• English, Makale

ARTICLE SUMMARY Under fire over a tax-hike plan, Turkey’s government says it needs fresh funds for security and defense amid rising risks in the region. A balanced budget or “fiscal…Read more →

Fed’s road map threatens to jolt Turkey(Al-Monitor, Septembre 25, 2017

• 26 Eylül 2017
• English, Makale

Following its Sept. 20 meeting, the US Federal Reserve’s Federal Open Markets Committee announced decisions, assessments and forecasts with global implications. The Fed set October for the start of its plan to…Read more →

Turkey’s spectacular growth has darker side(Al-Monitor, Septembre 15, 2017)

• 16 Eylül 2017
• English, Makale

  ARTICLE SUMMARY Turkey may have achieved an impressive 5.1% economic growth in the first half of the year, but the risks are still there with myriad problems accumulating on…Read more →

The more Trump sinks, the more Turkey’s currency and government recover(Al-Monitor, August 29, 2017)

• 30 Ağustos 2017
• English, Makale

ARTICLE SUMMARY Discouraged by the US president’s dismal performance, global short-term investors are returning to emerging economies, including Turkey, boosting Ankara’s economic and political prospects in critical times. In one…Read more →

Turkey-EU tensions spill over to customs union accord(Al-Monitor, August 21,2017)

• 22 Ağustos 2017
• English, Makale

SUMMARY Amid mounting bilateral tensions, Germany has ruled out talks on improving Turkey’s customs union accord with the European Union, but such sanctions might have little effect on Ankara in…Read more →

Erdogan targets Turkish banks over economic crisis (Al-Monitor, August 11,2017)

• 12 Ağustos 2017
• English, Makale

SUMMARY Turkey’s president is blasting banks for making what he considers to be unfairly large profits, yet he overlooks his government's role in making it possible. AUTHOR Mustafa Sonmez August 11, 2017…Read more →

Clouds gather over Turkish-German economic ties (Al-Monitor, August 1,2017)

• 9 Ağustos 2017
• English, Genel, Makale

SUMMARY Exasperated over Turkey’s disregard for the rule of law and its arrest of German nationals, Berlin has raised the specter of economic sanctions against Turkey. AUTHORMustafa Sonmez POSTED August 1, 2017…Read more →

One year on, Turkey’s coup attempt has impacted economy( Al-Monitor, July 7, 2017)

• 11 Temmuz 2017
• English, Genel, Makale

SUMMARY Turkey's state of emergency since last year's coup attempt has been instrumental in averting a serious economic crisis, while also marking a process of "wealth transfer" through the seizure…Read more →

Treasury borrowing aggravates Turkey’s interest rate woes (Al-Monitor, June 28, 2017)

• 30 Haziran 2017
• English, Makale

Summary Ankara’s pressure on banks to lower interest rates has taken a menacing tone, but few seem to acknowledge the government’s own role in the increase of the rates. Author…Read more →

The Turkish economy’s mysterious rebound (Al-Monitor,June 22,2017)

• 24 Haziran 2017
• English, Makale

Summary  The Turkish economy's surprise 5% growth rate in the first quarter has stirred controversy, fueled mostly by a new calculation method adopted last year. Author: Mustafa Sonmez  Translator: Sibel Utku…Read more →

Turkey’s economic interests dictate balanced stance in Gulf crisis (Al-Monitor,June 15,2017)

• 17 Haziran 2017
• English, Genel

Summary Through analyzing Gulf investment into Turkey, it is obvious that taking sides in the GCC dispute could have a detrimental effect on Turkey's economy. Author: Mustafa SonmezJune 15, 2017…Read more →