Turkey still needs the International Monetary Fund

President Erdogan’s recent economic policy U-turn is to be applauded as an important step in the right direction to stabilize the Turkish lira. However, it is far from clear that this alone will be sufficient to ....

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Something to be thankful for: Adjusted for inflation (and the cost in hours worked) the cost of Thanksgiving dinner this year has never been lower

From today’s annual report and press release from the American Farm Bureau Federation (AFBF) on the cost of a classic holiday meal “Thanksgiving Dinner Cost Down 4%“: Farm Bureau’s 35th annual survey indicates the average cost ....

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Brazil and Turkey: 2 canaries in the coal mine

Global economic policymakers taking comfort in the absence of a full-blown emerging market crisis in the wake of the pandemic might want to take careful note of Brazil and Turkey’s present economic and financial market ....

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