Courtesy of Emerging Markets Insights, a positive perspective on Turkey: Turkey is on a clear slowdown trajectory. Both the consumer and the business sectors are seeing a gradual deceleration of growth, and GDP expanded by only 3.2% in Q1 2012, compared with last year’s annual growth of 8.5%. We expect Turkey’s slowdown to continue through […]
Read more »Courtesy of STRATFOR (subscription required), analysis of Turkey’s rise as a regional power in Central Asia: Turkey’s primary rivals in Central Asia, Russia and China, have strategic interests in the region. Russia considers the region a security buffer from other Asian powers and an important part of the Russian energy network. Russia is very politically, […]
Read more »Via Nick Vardy, a look at Turkey: “Strategically ensconced between the European West and the Islamic East, Turkeyis a country of just over 72 million people — roughly twice the population of California. The unheralded “economic tiger” of emerging markets, Turkey grew at an average rate of 7.5% between 2002 and 2006, faster than any other OECDcountry […]
Read more »Via Nicholas Vardy, a look at Turkey: “Strategically ensconced between the European West and the Islamic East, Turkeyis a country of just over 72 million people — roughly twice the population of California. The unheralded “economic tiger” of emerging markets, Turkey grew at an average rate of 7.5% between 2002 and 2006, faster than any other OECDcountry […]
Read more »Courtesy of STRATFOR (subscription required), an interesting analysis of what appears to be a grand energy bargain has been made among Russia, Turkey and Azerbaijan. The deal will allow Russia a stronger foothold in Turkey’s energy sector, give Turkey the opportunity to mend relations with Baku and secure a crucial source for natural gas to […]
Read more »Courtesy of STRATFOR (subscription required), an interesting analysis of Turkey’s near-term energy strategy to diversify its energy supplies and become a hub between the energy-rich east and the energy-hungry west. To accomplish this, Ankara needs reliable suppliers for the Nabucco project. Azerbaijan, Iran and Iraq are potential suppliers, but Iran and Iraq are politically problematic. […]
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