The Rise of Bitcoin and its Ambiguous Future

While Bitcoin is yet to prove itself, cryptocurrencies have potential in the mid and long-term. Therefore, governments need to take initiatives that will prevent people from being victimized and allow the employment of blockchain technology.

Turkish infrastructure profiting the economy

According to data released by the State Highways Directorate on Wednesday 20 January, Turkey earned 1.46 billion Turkish liras ($387 million) in tolls from two bridges on the Istanbul Strait as well as toll roads in 2017.

Decrease in Turkish unemployment

On Monday 15 January, the Turkish Statistical Institute (TurkStat) announced that the unemployment rate in Turkey dropped to 10.3 percent in October – down 1.5 points from the same month in the previous year.

OECD: Turkish economy nearly doubles 2017 growth rate

On its latest outlook on Turkey, the Organization for Economic Co-operation and Development (OECD) stated that “Economic growth is estimated to have exceeded six percent in 2017, driven by strong fiscal stimulus and an export market recovery.”