News archive of December 2016
Why are gold and foreign currency reserves decreasing?
Deputy Prime Minister Mehmet Şimşek said last week that companies had a substantial foreign currency deficit and that they were working on curbing these. He said the current problem was managing the foreign currency gaps and that they were working on how to assist the private sector.
Why is NATO member Turkey acting with Russia in Syria?
The Turkish military announced on Dec. 30 that Russian jets hit positions of the Islamic State of Iraq and the Levant (ISIL) near the Syrian town of al-Bab.
A year of unknowns
People made fun of it at the time, and long afterwards, but it's a nice way of expressing a very important distinction.
"As we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns—the ones we don't know we don't know."
Political immunity, the Turkish style
Former Argentine President Cristina Fernandez de Kirchner is accused of being involved in a corruption case by granting state tenders to a family friend/businessman in road building contracts. During the trial in Buenos Aires, the federal judge decided to freeze Kirchner's assets worth $633 million.
After our worst year ever
Before writing this piece, I looked back at my archives and checked what I had written in the final days of 2014 and 2015. It turned out that I was not happy with those previous years either. "After Turkey's horrible year," reads the title of my Dec. 30, 2014 column. "After yet another horrible year," reads the title of my Dec. 30, 2015 column.
Five major areas of difficulty ahead of Turkey in 2017
We are leaving a very difficult year behind. Turkey and the Turkish people have witnessed worst ever coup attempt on July 15 in a direct attack on its fragile democracy by a group of pro-Gülen military personnel and other bureaucrats.
A new year
At the end of each year it has become a tradition to evaluate the past year and write about expectations from the coming one. Scenarios about the country, the region and the world are being specified in newspapers and columns. This year I will restrain myself from doing this for a couple of reasons.