Friday , 16 May 2008

The World's central bankers are a close-knit club, given to fads and fashions. In the early 1980's, they fell under the spell of monetarism, a simplistic economic theory promoted by Milton Friedm .....

Friday , 16 May 2008

Turkish central bank raised its short term interest rates for 50 basis points, joining the rate hike spree in emerging markets due to inflationary pressures. It signaled tightening could continue. .....

Friday , 16 May 2008

Central banking has undergone dramatic change in recent decades, and many banks now favour transparency in communicating their policies and forecasts. What does this mean? This column argues that our .....

Thursday , 15 May 2008

The US Federal Reserve has used unorthodox policy instruments to reduce recent financial turmoil. In this column, the author of CEPR Policy Insight 23 argues that the crisis raises more fundamental qu .....

Thursday , 15 May 2008

Household Labour Force Survey for the period of January, February and March 2008 compiled by the Turkish Statistical Institute (TUIK) showed that unemployment rate mounted to 11.6 pct while non-agricu .....

Tuesday , 13 May 2008

Turkey raised 2.42 billion new Turkish liras (YTL) ($1.9 billion) in the initial public offering of a 15 percent stake in fixed-line phone company Turk Telekom, priced near the top of an initial range .....

Tuesday , 13 May 2008

Information is at the heart of the recent liquidity crisis – who bears risks, who has losses, who is insolvent? This column explains why solving the crisis requires closing such information gaps. T .....

Monday , 12 May 2008

India stands out from other emerging economies because its growth has been led by the service sector rather than labour-intensive manufactures. This column summarises recent research showing that Indi .....

Monday , 12 May 2008

The activities to exchange 15 thousand immovable of Syrians in Turkey and 50 thousand immovable of Turks in Syria have started. According to the information, Turks have assets of around $30-50 billion .....

Saturday , 10 May 2008

BOSTON - If a stay-at-home mum could be compensated in cash rather than personal satisfaction and unconditional love, she'd earn nearly $US117,000 ($A124,000) a year.That's according to a US study rel .....

Friday , 09 May 2008

The global financial system may be caught in a downward spiral as market and funding illiquidity reinforce each other. The author of CEPR Policy Insight 22 presents a radical proposal that would break .....

Friday , 09 May 2008

Iranian Oil Minister Gholamhossein Nozari said it would be possible to see a price of $200 per barrel for crude if existing conditions in the market continued, an Iranian news agency reported on Thurs .....

Thursday , 08 May 2008

In response to financial turmoil, supervisors are demanding more risk calculations. But model-driven mispricing produced the crisis, and risk models don't perform during crisis conditions. The belief .....

Wednesday , 07 May 2008

Some industries, such as airlines, are seemingly perpetually abuzz with merger discussions. This column summarises how economic theory might explain such talks, and what it means for merging companies .....

Wednesday , 07 May 2008

BRUSSELS -- Worried about its dependency on Russian natural gas, EU officials have met in Brussels with energy officials from Turkey and six Mideast countries in an effort to fill Nabucco, a planned g .....

Wednesday , 07 May 2008

The EU, Turkey, Iraq and Mashreq countries (Egypt, Jordan, Lebanon and Syria) reached a consensus on Monday to connect Arabian natural gas pipeline to Turkey, Iraq and the EU through Nabucco and other .....

Tuesday , 06 May 2008

By Haluk DIREKENELI Today, I would like to mention about activities to increase local share of rehabilitation in the local thermal power plants. Rehabilitation is a very important activity nowa .....

Tuesday , 06 May 2008

* By Metin GEZEN Peak oil or not, there is a rising concern about energy security in all continents. The price movement is out of control and we all got used to read 'Oil price records' news everyd .....

Tuesday , 06 May 2008

Sheikh Abdullah bin Zayed Al Nahyan, the United Arab Emirates (UAE) minister of foreign affairs, yesterday voiced a desire for more private sector investment in Turkey, while also improving bilateral .....

Monday , 05 May 2008

As the turmoil swirling through global financial markets continues, there is a growing realization that global economic problems require global solutions and improved global governance. This March, .....