2018 Year might be painful for Turkey
U.S. Federal Reserve hiked interest rates for the third time this year by a quarter point, from 1.25 percent to 1.5 percent. It also signaled that there would be three more hikes in 2018. The next
FED is expected to increase the interest rate
Federal Reserve policymakers decided to hold a key interest rate steady at between 1 percent and 1.25 percent in the begining of November. However this has increased the expectation of interest hike
Turkey, Iran and Qatar signed a new logistic agreement
The agreement to send the Trukish goods via Iran to Qatar has been signed between Turkey and Qatar. Iran will be the transit country to enable easy process between two Turkey and Qatar. The
2018 - 2020 Stagnant Economic Growth For Russia
Duma, Russian Lower House for State, has approved a new Federal Budget for 2018 - 2020. As expected, the new budget has allows for increased social spending and a higher minimum wage, as well as
Chinese debt could lead a global crisis
China has been facing with the financial struggle since last 5 years. Its debt to Gross Domestic Product (GDP) is more than 3 times by mid 2017 according to Institute of International Finance (IIF).
Who will save the Turkish Economy?
During the first term of Justice and Development Party (AKP) between 2002 and 2006, Turkey grew in an average of 7% per year. That was not only a national success but it also made Turkey a global
