At the beginning of this past week, the world was gripped by the imminent possibility of global financial Armageddon. While the global markets have encountered and overcome small patches of turmoil over the last eight months, only this most recent turn of events has caused the Turkish media, government and upper-classes to immerse themselves in an open round of soul searching. What was once a whisper or secondary thought is gradually becoming the palpable hum of financial anxiety – a reality with which Turkey is extremely familiar. (more…)

The following article by John C.K. Daly in United Press International offers readers a nice overview of Turkey’s latest string of energy dealings with Iran. Daly’s article also considers the American view of these growing energy ties.| MORE ›

The Turkish economy is currently moving at full throttle. Not since the privatization reforms of the venerable Turgut Özal has there been such a sustained stretch of economic progress.| MORE ›