Turkey

The Beauty of Trade at the Grand Bazaar

The Grand Bazaar in Istanbul has been a beehive of mutually beneficial exchanges for 550 years. Americans may think of Rodeo Drive or Madison...

Turkey’s Economy Is in Big Trouble

Over the years observers of Turkish politics have become somewhat inured to erratic swings in policy coming out of Ankara. Particularly since the political...

The Unfolding Tragedy In Turkey Underscores Preeminence of Currency Policy

In the 1950s the top federal tax rate on individual earners in the U.S. exceeded 90%. The number is eye-catching to say the least,...

The Arab yacht summit plotters have fallen out

An alliance of regional rulers that put so much effort into suppressing democracy is weakening now as its participants bear substantial grudges against each...

Turkey seeks to boost South Asia ties

In August 2019, Turkey launched its “Asia Anew” initiative, which was inaugurated by Foreign Minister Mevlut Cavusoglu in a bid to boost the country’s...

Turkey’s Recep Tayyip Erdogan threatens rivals with jail

Left-wing CHP leader Canan Kaftancioglu inflicted a humiliating defeat on Recep Tayyip Erdogan in Istanbul in 2019. Now the Turkish president wants revenge in...