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To be on the safe side
If the CBT raises its policy rate, this would mean it wants to keep interest rates at higher levels for at least a few quarters. It is a decisive moment for the Central…
How did the RJD outstrip the TCDD
While we are dealing with romantic staff in the Middle East, Russia is building a railway link through its territories between China and Europe. Some five years ago, an…
The EU is finally taking a tougher stance on Israeli settlements
Oslo is dead. Yet the temporary administrative structures of the Oslo Accords remain. The West Bank is about 5,400 square kilometers. It is still divided between…
Does “many” melt into “nothing”?
The construction frenzy might enable high growth rates over a certain timeframe. But this performance will in no way be sustainable. Is it possible to close the income…
Who you are is more important than where you stand in the new world
What does the word supermarket bring to mind? Countless racks, packaged food, rows of cashiers, right? Not anymore. The supermarket I shopped at the other day in London…
That is what independence is for
For the sake of the country it is critical to construct the monetary policy on an exclusively “technical” framework and avoid comments which in some cases press the…
Financial problems: temporary or permanent? (2)
The Central Bank of Turkey should increase its policy rate. The market rate already reached 9 percent. Last time I raised a question and left it to you to answer. Now…
Why Austria is different?
Austria’s advantage lies in its vocational education system. For education it is vital to listen to local needs. Turkey is moving at a pace slower than what we are used…
Financial problems: temporary or permanent?
The FED will first cease additional injections, than initiate withdrawals, and increase federal bond rate. Question: What do you think about the current problems in the…
How do business owners get richer while their companies fail to flourish?
How can business owners become richer while their companies fail to flourish? Have you checked the Fortune Global 500 and the World’s Billionaires by Forbes? I take a…
A challenging period concerning inflation
The CPI has not converged with the headline inflation unlike what is normally expected. Headline inflation has long ago lost its function as a “headline” indicator. The…
Growth: below the average in the next few years?
Uncertainty is the nemesis of the confidence in an economy. It is not realistic to expect a rapid economic recovery in this environment. Yesterday industrial output…