2014- WHAT’S IN STORE FOR TURKEY?

Turkey has entered 2014 with a heavy load from 2013, facing a fraught year ahead. Increasing political uncertainties have aggravated an already shrinking economy, exposing its main weaknesses, namely its reliance on foreign investment to finance its large current-account deficit.  Turkey’s economy is now considered to be one of the most vulnerable among the emerging […]




IN TURKEY, NOTHING WILL BE THE SAME AGAIN

Turkey  woke up to an unprecedented corruption inquiry last Tuesday morning, with police raids targeting the sons of three cabinet ministers, a Justice and Development Party mayor of one of Istanbul’s most conservative boroughs, several bureaucrats, businessmen and the head of the state-owned Halkbank. In a country where the media has been muzzled, the news […]