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What will happen to Euro?
What is the difference between Europeans and Americans? I don't mean the characteristic differences. Assume you have attended a meeting to talk business: what is the…
Paced growth can not be attained without realizing that the new-normal is different than the old one
The financial market is going through a stressful period. If you want evidence, take a look back at last week. The U.S employment data showed that the recovery was not…
Need for a flying fish
I believe it is obvious that if some countries have trade surpluses, some others should have trade deficits. Of course this statement might be wrong if the countries…
Hungary and the fiscal rule
Things turned into an "entertainment" once again. A web page that gives instant notifications about the developments in the world markets (Bloomberg) is open as long as…
How did Starbucks get kicked out of Forbidden City?
Nowadays, I, myself, am once more bored of the country's agenda. If there is any of you who wants to rest their heads a little bit, like me, please step front. May I…
As bells of trouble ring
Signals for trouble are gaining ground. In this milieu it will be useful for us to learn lessons from the last two crises. Unfortunately if troubles gain more prevalence…
It is the result that should be taken into consideration, not the rhetoric
The Israeli raid against the six-ship flotilla which carried armless civilians, the fact that nine civilians, four of whom were citizens of the Turkish Republic, lost…
Initial conditions are quite different
Yesterday at this column the results of the comparisons for the two crises I have made until today were summarized. The comparisons focused on what happened during and…
What does leftist Lula do in Tehran?
It is obvious what rightist Erdoğan does in Tehran, is not it? Turkey is a non-permanent member of United Nations Security Council. The country is also a member of NATO.…
10 Percent: Easy come, easy go
At the beginning of the week the press featured a statement by Honorable Prime Minister. The statement said that unemployment rate which stood at 14.5 percent in January…
Are you ready for a new period of exhaustion?
What the Greek crisis has to make us understand is this: the Greek issue got out of control because Angela Merkel, the Chancellor of Germany, did not act fast enough…
We are finally back on the real agenda
The high level of unemployment in Turkey was one of the main issues Kemal Kılıçdaroğlu, Chairman of the Republican People's Party (CHP), highlighted in the historic…