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Khashoggi crisis highlights why investment in Asia is more productive than in the Middle East
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Growing Western political and corporate reluctance to be associated with Saudi Arabia in the wake of the suspected killing of journalist Jamal Khashoggi spotlights fundamentally different investment strategies and environments in the bulk of Asia and the oil-rich Gulf states, the continent’s most western flank. The Khashoggi crisis highlighted the fact that much of investment in the Gulf, irrespective of whether it is domestic, Western or Chinese, comes from financial, technology and other service industries, the arms industry or Gulf governments. It is focused on services, infrastructure or enhancing the state’s capacities rather than on manufacturing, industrial development, and the nurturing of an independent private sector. Kelime: 854

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Turkey plays Khashoggi crisis to its geopolitical advantage
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With Turkish investigators asserting that they have found further evidence that Saudi journalist Jamal Khashoggi was killed when he visited the kingdom’s consulate in Istanbul two weeks ago, Turkey appears to be leveraging the case to enhance its position as a leader of the Islamic World and reposition itself as a key US ally. Kelime: 1212

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Double-edged sword: Opinion poll shows Trump’s Iran policy risks
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US President Donald J. Trump’s inclination to withdraw from a three-year old international agreement that curbs Iran’s nuclear program is likely to strengthen the country’s hardliners even if the withdrawal would put responsibility for mounting economic and social discontent squarely on the shoulder of President Hassan Rouhani’s government. Kelime: 1038

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The Killing of Ali Abdullah Saleh - Is Peace in Yemen Possible?
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Based on remarks at a 19 December 2017 NUS Middle East Institute seminar The Middle East being the Middle East, everything is interrelated. What happens in the region impacts Yemen and what happens in Yemen impacts the region. The crisis in Yemen, like many conflicts in the Middle East, did not originate with the power struggle between Saudi Arabia and Iran, but inevitably get sucked into it. Kelime: 3417

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Books to read in 2018

I would like to sincerely thank everyone who contributed to gather my reading list for 2018. I have selected 38 books out of many recommendations and I will add 14 more during the year of 2018. Kelime: 291

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Fed strikes back

Fed members have finally put their mutual decision into practice: The Federal Reserve brought policy interest rates a little closer to the current rate of inflation by a 25 bps hike, which cleared the way for CBRT towards their own rate hike soon.  Kelime: 402

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No magic...

The fact that Turkey’s economic growth hits record high has helped us forget about existing international tensions. A rate of 11,1% announced yesterday caused great excitement particularly in Ankara. On the other hand, there were many criticisms claiming that growth data does not reflect the truth. Kelime: 344

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Crises, economic bottlenecks and troubles are too easily forgotten in Turkey

As my reports are also intended for foreign colleagues and executives, today I would like to tell you about a typical week in Turkey, from Monday to Friday. I think it would be a nice treat for both Turkish and foreign executives living in Turkey.  Kelime: 951

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