Güven Sak, PhD
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It is the result that should be taken into consideration, not the rhetoric
The Israeli raid against the six-ship flotilla which carried armless civilians, the fact that nine civilians, four of whom were citizens of the Turkish Republic, lost…
What does leftist Lula do in Tehran?
It is obvious what rightist Erdoğan does in Tehran, is not it? Turkey is a non-permanent member of United Nations Security Council. The country is also a member of NATO.…
Are you ready for a new period of exhaustion?
What the Greek crisis has to make us understand is this: the Greek issue got out of control because Angela Merkel, the Chancellor of Germany, did not act fast enough…
Did you use to like your school apron?
Honestly, I do not have any memories related to my elementary school apron-good or bad. Do you? 'We used to wear it to school', that's all I remember. I do not recall…
When will Greece form a debt swap?
Didn't we already know that the public finance was problematic in Greece? We did. But why is it that this piece of information didn't create a chaos until just now? Why…
Why couldn’t Ivan Prado enter Israel?
This was featured on the Israeli Haaretz newspaper, last week. According to this, Spanish Ivan Prado was intervened at the Ben Gurion Airport and was denied entry…
The timing of the fiscal rule is quite correct
A spectre is haunting Europe: the spectre of the debt crisis. Despite the trillion dollar bail-out package which is not known how to make operational and the functions…
Is this the first step of the Greece’s ‘Brady Plan’?
A serious step is eventually taken to prevent the crisis in Greece to spread all around the Eurozone. The first package of €110 billion was not enough. Now a second…
Contagion effect of the Greece crisis will not be similar with that of the previous crises
The day before Dow Jones had a historic hiccup attack. We witnessed a development from which many lessons can be learned. Nowadays everyone's discussing 'How can the…
Debt stock of Greece will grow further with the unlawful bailout package.
European Union is going through hard times. There are three recent challenges the Union is faced with. First, €80 billion of €110 billion bailout plan prepared for…
Can a bailout plan be based on market interest rate?
No it cannot. The ratio of domestic debt stock to Greece's GDP is around 120 percent. The public has learned that the budget deficit, which will intensify the domestic…
Sunday Times Rich List breaks the recovery record
The Sunday Times daily of Britain announces a Rich List every year since 1989. The list gives the ranking of the richest 1000 people living in Britain. Rich List 2010…