Blog
Page 59 / 164
Diyarbakır’s changing skyline
Like the rest of the country, my attention was focused on Diyarbakır for yesterday’s Newroz celebrations. Sırrı Süreyya Önder and Pervin Buldan, both Peace and Democracy…
Why did the founders of Gittigidiyor.com switch to the construction sector?
It seems that in Turkey it is impossible to do anything that is not somehow related to or connected with construction. But why? Gittigidiyor.com is the pride of the…
The constraints FX open position imposes
Due to the FX open position of the economy, rapid increases in exchange rate would disrupt balance sheets and hence lower growth. I will continue with the challenges…
Erdoğan’s negotiations with the PKK and the Syrian Kurds
The Syrian opposition elected their first prime minister at an Istanbul meeting. The efforts to build an alternative government will continue. They hope that forming…
A hard-to-cure disease
High FX open position is an economic disease: the economy is indebted in FX terms. During the last two pieces, I focused on the challenges facing economies whose FX debt…
I understand Nicosia’s point, unlike Ankara’s
I believe that Ankara played to the crowds. I do not understand the meaning of the decision. I want to talk about two decisions made about the banking sector, the first…
Let the sun shine in on Turkey’s Constitution process
Slowly but surely, Turkey is crafting its new Constitution. The Conciliation Commission of 12 MPs from four political parties and the Speaker of Parliament are currently…
Strange dynamics
In the case of turmoil in international financial markets, economies with high FX open position are affected at the highest degree Last time I argued that real…
Boarding from Stockholm Airport is not the same as boarding from New Delhi Airport
We are at the outset of a new era in which it is hard to make a good life for ourselves without having any skills. I had a small panic attack when I was boarding at the…
The PKK and negotiations alla Turca
You can have both covert and overt negotiations in order to solve the problems with an organization pursuing a politico-military strategy. You can keep the negotiations…
The inability to become normal
Factors that trigger exchange rate hikes will inevitably affect the economic growth and unemployment rate adversely. The rise in the exchange rate beyond the CPI…
How did Markafoni overtake Yeni Karamürsel?
In the past, large stores threatened my grandfather’s business. Today, Markafoni has overtaken YKM. It appears that the online shopping company Markafoni is worth more…