Bassma Kodmani, a senior figure in the SNC, on Wednesday suggested her group was close to abandoning its opposition to such action. "We are really close to seeing this military intervention as the only solution. There are two evils, military intervention or protracted civil war," she told a press conference. More
Syrian government troops kept up shelling of the protest-hub city of Homs Wednesday, killing more than 70 people including two Western journalists. The shelling continues 17 days of attacks as the International Committee of the Red Cross tries to organize a humanitarian cease-fire. More
The U.N. nuclear agency on Wednesday acknowledged its renewed failure in trying to probe suspicions that Tehran has worked secretly on atomic arms, in a statement issued shortly after an Iranian general warned of a pre-emptive strike against any nation that threatens Iran. More
On at least two dismal indices, Turkey ranks even worse than Russia: Reporters Without Borders’ latest Press Freedom Index puts Turkey in 148th place, behind Russia at 142, and the European Court of Human Rights found Turkey guilty of 174 violations last year, while runner-up Russia had 133. More
Investigators claim they have found evidence of Turkish businesses trying to purchase financial institutions in Europe on behalf of Iran which can then be used by Tehran to purchase much-needed goods and materials for its stricken economy. More
The DDK report goes on to say: “Based on the review of all relevant information and documents from the investigations and inspections performed with respect to the public servants involved in the matter, the police and the gendarmerie were aware of a potential threat against Hrant Dink; intelligence units failed to take the necessary measures to effectively protect Hrant Dink; despite being aware of the threats against Hrant Dink, the relevant authorities failed to take the necessary precautions, and as a result of this failure, Hrant Dink was murdered.” More
The DDK report goes on to say: “Based on the review of all relevant information and documents from the investigations and inspections performed with respect to the public servants involved in the matter, the police and the gendarmerie were aware of a potential threat against Hrant Dink; intelligence units failed to take the necessary measures to effectively protect Hrant Dink; despite being aware of the threats against Hrant Dink, the relevant authorities failed to take the necessary precautions, and as a result of this failure, Hrant Dink was murdered.” More
Turkey has that most scarce, yet highly sought-after, attribute among European economies: growth. With this rising tide, is now the time for investors to be contemplating Turkey`s growing Internet economy? More
Iraqi Kurdistan could hold as much as Libya`s 45 billion barrels of reserves in massive reservoirs like the Tawke field. More
Two Islamist militant groups in Iraq have rejected a call by al Qaeda to aid Syrian rebels in their revolt against President Bashar al-Assad, saying sending weapons and fighters across the border would only worsen the conflict. More
There is no improvement whatsoever in inflation expectations (April second survey) -- they suggest that more than the 5% medium term target, 7% or so is a more plausible working number for medium-term inflation. Make Image Larger
Istanbul Analytics is an information platform on Turkish economy and politics run by two veteran economists, Murat Üçer and Atilla Yesilada.
They teamed up a few years ago to start a small research enterprise in Istanbul specializing on Turkish macroeconomic and political analysis. Their primary engagement is to advise international clientele, as part of LatinSource/GlobalSource network of advisors, but they wear several hats... Murat is a co-founder of Turkey Data Monitor serves as adjunct faculty at Koc University while Atilla regularly writes in his web site Bilge Ekonomist and hosts finance programs in media.