The contents of Turkey's 2008 draft budget, which was submitted to parliament on October 17, triggered a largely positive response from local economists, with the primary surplus for 2008 lowered...
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Economic Update | Reducing the Primary Surplus
22 Jul 2010
Economic Update | Banking on Lviv
22 Jul 2010
While the rest of Europe is witnessing the decline of small banks, with most countries dominated by a few large players, the western Ukranian region of Lviv would benefit from maintaining regional...
Economic Update | Investor Confidence
22 Jul 2010
Despite rising inflation and climbing interest rates, investors haven't lost confidence in South Africa, according to a new report.
Economic Update | Island Building
22 Jul 2010
Unlike the islands being built off the coast in other parts of the United Arab Emirates, Sharjah is going in a new direction by building a series of canals inland from the ocean. Those canals will be...
Economic Update | Interest Rates on the Rise
22 Jul 2010
Less than a week after raising its repo rate, the Reserve Bank told South Africa the country could see another increase in interest rates before the end of the year.
Economic Update | Costly Resolution
22 Jul 2010
Alarm bells rang last week when Turkey recalled its ambassador from Washington for consultation after a US congressional committee passed a resolution declaring the Ottoman Turks committed genocide...
