The world has seen two major financial and economic crises in less than two decades, which have shaken investor confidence in the financial systems, resulted in tens of hundreds of billions of loss, and left behind dislocated societies in many regions. Everything started in the summer months of...

Mustafa Kemal (Atatürk) abolished the Ottoman Empire in 1922 by overthrowing the last sultan Mehmet VI Vahdettin and established the Republic of Turkey as a secular state on 29 October 1923. After Atatürk’s death on 10 November 1938, the Turkish Armed Forces has safeguarded his principles...

The cash strapped Turkey's gloomy economy was already ailing before the emergence of COVID-19 pandemic. The August rout of 2018 caused serious cracks as lira tumbled against the dollar (25% in three days and 41% in just two weeks); consequently, core inflation peaked at 26% and key interest rate...

When the global economy hit the wall in 2007-08 (i.e. sub-prime mortgage debacle in 2006 followed by the 2008 global credit mayhem, originated in the U.S. before spreading to Europe as sovereign debt crisis), an extensive research by economists, scholars and academia compared and contrasted the...

The United States has turned into an anarchic Hobbesian in part triggered by; weakening dollar's natural pull as the main reserve currency; China's massive foreign reserves; fast rise of the renminbi; the failure attempts to dismantle gold and its readiness to reclaim a monetary role at the...

Today, the problem facing the United States is not whether cryptocurrencies are money or “thin air,” Iran's nuclear ambition, or COVID-19 induced recession; it is China's fast acceleration in becoming a game changer in the world order that the U.S. has dominated for more than a century....

The novel coronavirus (COVID-19) pandemic has resulted in two important outcomes; first, centuries of developments and progress in technology, medicine, and science failed to combat the virus which has so far killed over 1.6 million people worldwide; second, and most importantly, the new vital...

President Trump’s following remarks are insanely far from being serious "With this invisible enemy, we don't want airlines going out of business, we don't want people losing their jobs and not having money to live when they were doing well four weeks ago". His advisors must show him the latest...