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Harder to raise reserve requirements
The latest industrial output figure might hinder a decision to raise the required reserve ratio. In the last quarter of 2012, industrial output increased only by 0.3…
Terror financing bill not exactly in line with FATF recommendations
The Turkish Parliament has just passed a law for the prevention of terrorism financing. It is not exactly the law that the infamous Financial Action Task Force (FATF),…
The dangers of praising
Industrial output growth was the lowest in the fourth quarter. Hence, GDP growth rate might be lower than expected. In December, industrial output shrank year-on-year by…
‘Is there a place named Samsung?'
Why is Vestel not able to become like Samsung although Turkey smothers it companies with incentives? My nephew Sarp just turned 8 years old. He can read now and he likes…
Waiting for new waves of terror
The suicide attack at the U.S. Embassy in Ankara put Turkey in the spotlight. The police quickly identified the perpetrator. It was immediately announced that the…
The current picture concerning the CB's targets
If the appreciation pressure becomes more prominent by the time of the next MPC meeting, the CB will start to respond more aggressively. Today I would like to address…
More LC Waikiki Stores
A country that has and maintains global brands is one that has global organizational skills If you don’t have organizational skills, you cannot create a brand. And…
Reducing the entire year to December
In the last months we were told that inflation decreased remarkably although nothing had changed in the course of inflation since 2009 The inflation figures for January…
Foreign trade figures and growth
Recent developments did not alter the 4 percent growth forecast for 2013. Foreign trade figures for 2012 were released on Thursday. In line with the global…
Doing business in Greece and Kurdistan
Turkey’s Doğuş Holding, a conglomerate active in several businesses including media and banking, has moved into the Greek maritime business. Its “D-Marine” group…
Will CNC operators go extinct like cotton fluffers?
Just like that: technological advancement changes even the structure of institutions. It is hard to accept at first, but that’s the reality. When I was a kid in Bursa,…
Can the Turkish government be an ally of the PKK in Syria?
Several reasons compel the Turkish government to renegotiate with convicted the Kurdistan Workers’ Party (PKK) leader, Abdullah Öcalan. These are escalating PKK attacks,…