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Economic Update | Calls for Rate Cut as Dollar Drops
22 Jul 2010
Economic Update | Mobile Merger as Turkey Looks for FDI
22 Jul 2010
The announcement that a preliminary agreement had been reached merging Turkey’s two smaller mobile phone networks during Italian Prime Minister Silvio Berlusconi’s visit May 12 brought relief on a...
Economic Update | Iraq War Bill Tallied as IMF Loans USD701m
22 Jul 2010
With the war in neighbouring Iraq appearing to be winding down, attention in Ankara and Istanbul turned this week to the probable financial and economic costs of the conflict. There was also an...
Economic Update | Debt Roll Over Worries Spark Novel Policies
22 Jul 2010
When Turkey’s prime minister starts suggesting the government should issue war bonds, and citizens pay $100 a head or donate a slice of personal wealth to pay off the national debt, there is bound to...
Economic Update | Markets Ponder Future Without US Aid
22 Jul 2010
With hopes all but vanishing of a US financial aid package offsetting Turkey’s war losses, the country’s markets spent last week in gloomy mood. While interest and dollar rates jumped, financial...
Economic Update | Strong Growth Masks Deep Concerns Over War
22 Jul 2010
Despite the release of some healthy looking vital statistics, Azerbaijan’s leaders were in sombre mood after US-led forces invaded Iraq last week. Predictions that the war would lead to delays in...
