Güven Sak, PhD
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Soul mate of Turkey is Mexico.
Have you recently taken a look at Mexico's economy? I decided to do so after a recent meeting in Washington D.C. where the name of the Mexico came up frequently. For the…
How come was Turkey offside about Iran issue?
The idea was neither Turkey's nor Brazil's. I remember writing about this some time ago. The idea belonged to Egyptian Muhammad Al Baradei who was the President of the…
Why is the price reduction in electricity withdrawn?
Last week was quite entertaining. First, price of electricity were reduced. The next day, the reduction was withdrawn. And then, electricity price was raised. As the…
Why did the Chairman of the Joint Chiefs of Staff bring attention to public debt?
No, not ours. Here in our country, even the decisions that the Chief of Staff make in their own fields of expertise are questioned by the media. But I'm not going to…
The illicit has become legitimate, the legitimate is illicit
Do you remember the suras of apocalypse that Nazım Hikmet wrote? The beautiful poem that goes, 'There have been many presages, the time has come/The illicit has become…
Greece is the symbol of the indigestion problem of the European Union
Europe's problem continues. And its nature changes as it continues. The other day the issue was about BNP Paribas. Everyone's heart almost stopped when the credit rating…
How will this accident affect oil prices?
While we suffer from our problems over here, we might be thinking our problem is the primary concern of the US, as well. Let's be realistic. The primary concern of the…
Is belt-tightening in one country the same as doing so in all countries?
There is a serious discussion in the international world of economics, nowadays. Are you following it? There are the ones that support the Chicago school, like Raghuram…
How did the bus number 187 get painted in Stalin?
Just like here, they place enormous billboards on buses that are used for local transportation in Russia, too. The citizens of former Leningrad, now Saint Petersburg are…
What will happen to Euro?
What is the difference between Europeans and Americans? I don't mean the characteristic differences. Assume you have attended a meeting to talk business: what is the…
Paced growth can not be attained without realizing that the new-normal is different than the old one
The financial market is going through a stressful period. If you want evidence, take a look back at last week. The U.S employment data showed that the recovery was not…
How did Starbucks get kicked out of Forbidden City?
Nowadays, I, myself, am once more bored of the country's agenda. If there is any of you who wants to rest their heads a little bit, like me, please step front. May I…