Four major problems facing the global economy in the second half of 2020

The World Economic Forum released a report last week outlining the views of some of its chief economists. It drew attention to the problems that await the global economy in the second half of 2020 after six tumultuous months in the grip of a pandemic... more

Who but Erdogan could’ve carried Turkey through the disasters of the last 8 years?

Last Tuesday Turkish President Recep Tayyip Erdoğan conducted a “two-year presidential cabinet evaluation meeting.” Following this meeting, which assessed the past two years, certain criticisms were brought upon Erdoğan regarding his speech on the su... more

Who will reap the fruits of Libya’s division?

In my last few columns I have been attempting to present the latest developments in Libya, especially in terms of energy and economy. The inconsistencies between reports from the field and foreign media outlets prove that the details of the hot-butto... more

Macron’s problem with Turkey, oil smuggling in Libya’s Sirte, and EU hypocrisy

When Khalifa Haftar on Jan. 18 blockaded five oil terminals with a capacity to produce 800,000 barrels per day, Libya’s oil exports immediately dropped to 80,000 barrels per day. This roughly cost the Libyan people $6 billion. However, that is just t... more

Is Turkey’s decision to limit imports an archaic policy from the ’70s?

For a while now, certain figures have been criticizing Turkey’s economic administration for the policies it has implemented regarding the reduction in imports. Furthermore, there are even those who accuse Turkey of becoming withdrawn within itself an... more

Stability in the Mediterranean and Turkey's economic security

As Turkey continues its multifaceted diplomacy in the Eastern Mediterranean, the visit to Libya by a delegation consisting of Treasury and Finance Minister Berat Albayrak, Foreign Minister Mevlüt Çavuşoğlu, MİT Head Hakan Fidan and Presidential Spoke... more

Aftermath of Covid-19 outbreak: Assessing economic repercussions

In addition to the training of qualified workforce required by law enforcement at the Police Academy, both academic and field studies are ongoing with regards to issues that closely concern both the global and local agendas. In this regard, a report... more

The double-edged sword of lockdowns in the fight against coronavirus

The humanitarian and economic magnitude of the COVID-19 epidemic increases with every passing day. Almost all of the countries that only focused on containing the virus are now discussing the economic impacts of the epidemic, in addition to the human... more

Scores to be settled in the aftermath of Covid-19

I have criticized some of the views I think are very extreme when it comes to post-Covid-19 forecasts in a previous column. One of these was the view that foresees the end of globalization, while others were statements that liberalism would be abando... more

You cannot fix capitalism’s inherent flaws by throwing money on the problem

For some time now, we have been weighing risks of a possible global economic recession. However, a new era has been ushered due in part to the novel coronavirus and the probability of a recession is now higher than ever. Some commentators now even re... more

Coronavirus may trigger new global economic crisis as fears grow

Late last month, I shared my prediction that the coronavirus could reach a level that would threaten global economic security, and I stated that not getting the disease under control by mid-February will further increase the economical risks. As thin... more

Deadly coronavirus, economic security and so-called ‘Deal of the Century’

Risks to the global economy cannot be understated. Every year we’re faced with numerous new risks that threaten to leave lasting damage to the world economy. However, we’ve recently witnessed an increase in the number and severity of non economic fac... more

Details from Turkish Central Bank's decision to cut interest rates

On Thursday, the Central Bank Monetary Policy Committee (MPC) announced the interest rate decision during the first meeting of the year. According to the ruling, The MPC reduced the one-week repo auction interest rate, which is the key rate, from 12%... more