The tariffs imposed upon Chinese goods by the U.S. administration and the retaliation from the Chinese government are reflective of a possible trade war between the two countries.
Turkey’s cooperation with many states in the field of energy, including those from the West and East, is not a shift of axis but rather a strategic and pragmatic move.
“Akkuyu will lead the way in Turkey’s quest to enter the global league of countries possessing and utilizing nuclear technology, and it will soon be followed by two more nuclear plants.”
What’s the future prospect for the Turkish economy?
The existing shale gas potential of Turkey, though not abundant, can still decrease the country’s natural gas dependency, which is approximately 99 per cent. But how about the cost-benefit analyses?
Are Trump’s protectionist policies targeting China?
“The current inflation rate in Turkey is mostly driven by supply conditions. This does not meet the main symptoms of overheating.”
There is a general sentiment within Turkish society that volatility in the Turkish lira has its roots not in economy, but in politics, and is an economic extension to the slow motion war against Turkey waged by “subcontractor” terrorist organizations.
The rising tide of trade protectionism might trigger global responses to U.S. policies, but trade protectionism shall be considered with its broader impact on international financial movements as well.
The number of newly established companies in Turkey jumped 27.80 percent last month compared with February 2017, the Turkish Union of Chambers and Commodity Exchanges (TOBB) announced on Friday.