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Summary: The International Monetary Fund expects the Turkish economy to further slow down in 2017, but Ankara believes it can disprove the forecast. Author: Mustafa Sonmez Posted April 27, 2017…Read more →

Summary: Turkey’s new governance model, narrowly approved by a disputed referendum, adds more uncertainty to the country’s continued economic downturn. Author Mustafa Sonmez  Translator Sibel Utku Bila Following Turkey’s momentous…Read more →

Summary Turkey’s latest growth data, which suggests the economy rebounded strongly in the fourth quarter of 2016, appears out of sync with other key indicators, fueling doubts over Ankara’s new…Read more →

Summary In an outcome that many have long feared, Turkey’s “megaprojects” are underperforming, meaning the government now has to compensate the construction companies under contract terms. Author Mustafa Sonmez  Translator…Read more →

Summary : A Turkish construction company, which runs major operations in Russia and was the builder of Erdogan’s controversial palace, figures prominently in a deal to create a joint investment…Read more →

Summary The accelerating pace of Turkey’s inflation threatens significant erosion in most forms of income on which the country’s population lives. Author Mustafa Sonmez  Translator Sibel Utku Bila Turkish consumer…Read more →

Summary The Turkish construction sector’s contribution to the local economy has almost caught up with that of the manufacturing industry, but this is hardly a reason to celebrate. Author Mustafa…Read more →

Summary President Recep Tayyip Erdogan is dusting off plans for the megaproject Canal Istanbul ahead of the constitutional referendum as an example of what a strong president could achieve. Author…Read more →

Summary: Turkey’s newly established sovereign wealth fund is expected to throw life preservers to companies involved in the government’s “mega-projects” and primarily owned by AKP cronies. Author Mustafa Sonmez  Translator:…Read more →

Summary Turkey has lost its investment grade status with all top three credit-rating agencies, falling behind many regional countries despite its geopolitical edge. Author Mustafa Sonmez TranslatorSibel Utku Bila Invest…Read more →