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Demand for platinum does surge even despite the crisis
According to a recent story in the British Financial Times, the answer for the statement above is quite simple: Because the number of weddings in China rises. Let us see…
Will the Check Law slow down recovery?
Answer for the question above is affirmative. Let us see why. This is exactly a "the road to hell is paved with good intentions" situation. Attempts for a regulation…
Net errors and omissions and 2010 growth
A number of people argue that Turkey will grow by 3.5 to 5 percent in 2010. The lower threshold of this interval was defined by the Medium Term Program declared in…
Capacity utilization rate can be calculated more precisely
Data on capacity utilization ratio (CUR) announced for the last couple of months are quite surprising. It goes like this: CUR for a certain month is announced a month…
Why did the level of capacity utilization ratio surprise?
This week important indicators were announced. The most surprising one was October industrial production ratio. Rise in industrial production was inconsistent with the…
What is Turkey’s goal in COP15?
Do you know what COP15 means? Fifteenth United Nations Climate Change conference is currently carried out in Copenhagen (COP15). The meeting focuses on two points: First…
Have you read the book “Financial Crises and Turkey”?
It would be good that you have. 2008 crisis that emerged in the United States of America as a financial crisis came to Turkey as a real sector crisis. The hurricane on…
How does fiscal policy raise interest rates?
I would like to apologize from all Greek people. By the way, I would like to convey the sorrow I feel to credit rating agencies. I have not been disclaimed this fast…
Single currency, multiple fiscal policies
Do you pay attention to the recent developments in Greece? After taking over the office, the new government understood that the 2009 budget deficit estimations announced…
What does credit rating serve for?
We are hungry for good news for a long time now. So it was pleasing that Fitch increased Turkey's note by two levels to BB+ this week. If nothing goes wrong, we can…
This time there were one million people after the iron rice bowl
Let us put it more straightforward. Last week one million forty thousand people took the civil servants selection examination in China. 2010 program envisaged that 15…
Or should we write Dubai with a W?
Have you ever visited Dubai? Those who did know how unreal it looks: it is like Disneyland. There is nothing genuine; it is all imitation. At least this is the…