Economist İmpact

Sağlıkta kapsayıcılık notumuz ‘orta’

Economist Impact’in yayınladığı dünyanın ilk Sağlık Kapsayıcılık Endeksi, ülkelerin sağlık okuryazarlığından erişilebilirliğe kadar birçok konuda karnesini ortaya koydu. Haleon’un desteğiyle hazırlanan ve 40 ülkenin yer aldığı endekste Türkiye’nin genel notu ‘orta’ oldu. Tüm dünyada 170 milyar poundluk büyüklüğe sahip tüketici sağlığı alanında Türkiye’nin gitmesi gereken uzun bir yol var.

Sağlıkta kapsayıcılık notumuz ‘orta’

Economist Impact’in yayınladığı dünyanın ilk Sağlık Kapsayıcılık Endeksi, ülkelerin sağlık okuryazarlığından erişilebilirliğe kadar birçok konuda karnesini ortaya koydu. Haleon’un desteğiyle hazırlanan ve 40 ülkenin yer aldığı endekste Türkiye’nin genel notu ‘orta’ oldu. Tüm dünyada 170 milyar poundluk büyüklüğe sahip tüketici sağlığı alanında Türkiye’nin gitmesi gereken uzun bir yol var.

Turk banks’ profit rally to slow down

ISTANBUL - As the Central Bank hints that the latest interest rate cut in June may be the last one, banking sector’s profitability may be negatively impacted. With 5 billion liras in profits in the first quarter, banks are expected to obtain less revenue from Treasury securities they hold in the second quarter.

Turkish GDP falls 13.8 percent, economy enters recession

ISTANBUL - Turkey's economy recorded its fastest pace of contraction in history in the first quarters of the year due to a slump in both domestic and foreign demand which pushed the country into its first recession after the crisis in 2001. (UPDATED)

The VolksWagen debate is irrelevant

The World Bank introduced its annual Global Development Finance report with short seminars in Ankara and Istanbul late in the week. I found the Istanbul leg a much more appeasing introduction than the markets’, when the growth revisions in the report led to sharp sell-offs amidst a mood of uncertainty on Monday.

Turkey to forecast 4.6-5 pct GDP fall in 2009 - sources

ANKARA - Turkey's economy will likely shrink by 4.6-5 percent this year, government sources said on Tuesday, citing an expected cut in the official forecast for its contraction from the current 3.6 percent.

Crisis enters twilight zone, say economists

PARIS - Global companies continue to post losses or diminished profits, but analysts at Citigroup say the world economy has effectively entered the ’twilight zone,’ in the sense that positive and negative data will go together for some period. ’We still do not expect corporate earnings cycle to bottom out for another year,’ they say

North Korea scraps nuclear deal, says to make plutonium

SEOUL - North Korea said on Tuesday it was no longer bound by an international nuclear disarmament deal and would re-start its plant that makes bomb-grade plutonium after the U.N. chastised it for launching a long-range rocket.

G-20 leaders seal $1.1 trillion deal to combat crisis

LONDON - World leaders clinched a $1.1 trillion deal on Thursday to combat the worst economic crisis since the Great Depression and said financial rules would be tightened to stop it happening again.

G20 seals $1.1 trillion deal to combat crisis

World leaders clinched a $1.1 trillion deal on Thursday to combat the worst economic crisis since the Great Depression and said financial rules would be tightened to stop it happening again.

PART III - Streets heat up as world faces tough choices

ISTANBUL - Tens of thousands marching in London to vent anger about bank bailouts, ahead of the upcoming Group of 20 nations’ summit, vividly displays why politicians have refrained from taking an aggressive approach to mending the financial system.

PART II - Demand deficiency threatens world order

ISTANBUL - The global crisis, sparked by the collapse of the subprime mortgage market in the US, continues to wreak havoc around the world. As the countdown for the G20 summit in London begins, experts around the world share their views with Hürriyet Daily News & Economic Review on the reasons behind the crisis and how it can be contained

Japan boosts buying bonds, ECB to follow

TOKYO/ PARIS - Japan's central bank moved to pump money into the country's sclerotic economy yesterday, while European Central Bank President Jean-Claude Trichet said the ECB was ready to take additional measures in tackling global economic crisis, but suggested a recovery could be in sight.

Turkish lira eases from historic low against dollar after CB move

The Turkish lira rose back to 1.81 levels after hitting all-time low against the dollar as the central bank stepped in to curb the depreciation of the currency. (UPDATED)

Economist warns of ’unemployment shock’ in Turkey

ISTANBUL - Even if the global economy recovers, it is uncertain whether Turkey can achieve the growth necessary to employ its growing workforce, says economist Seyfettin Gürsel.

Institute warnson capital inflows

ISTANBUL - The volume of net private capital inflows into emerging markets is estimated to be at $165 billion this year, as opposed to $929 billion in 2007. A recent report by the Institute of International Finance, or IIF, points to a hard year for emerging market economies, such as Turkey

Real estate values increase in Istanbul

ISTANBUL - The global financial crisis has had a negative impact on real estate prices in Istanbul, but the good news is experts predict property values and investment profitability in the city to soar in a couple of months.

China slowing down as Japanese exports tumble

BEIJING - The notion that Asia’s strong nations could be spared from the global crisis is buried to the ground, as data from China and Japan point to gloomy days ahead. China’s economic growth slows down to 6.8 percent in the last quarter of 2008, while Japan’s exports fall 35 percent in December

Turkish bankers’ star shines in the Gulf region

ISTANBUL - Demand for top Turkish bankers have been increasing in Dubai. Currently there are nearly 100 Turkish bankers, mostly working at top-level executive positions. And that is simply because of their expertise in crisis management

Small step towards confidence recovery

ISTANBUL - Turkey's consumer confidence index rose slightly from historic lows in December, official data showed Friday, as interest in durable goods purchases picked up despite a sharp economic slowdown.

The humbling of the economist

The most puzzling aspect of the Turkish slowdown has been the trigger-happiness of the economy. Producers and consumers alike have sharply pulled back during the second half.

Shocking global impact in ’fraud of the century’

NEWYORK - The fallout from the ’Ponzi scheme’of Wall Street veteran Bernard Madoff continues to shake the world, in the midst of the financial crisis. From a pension fund in Connecticut to a charity in Massachussets, from Britain’s HSBC to France’s BNPParibas, investors lost billions of dollars

Floating exchange rate ’should be abandoned’

ISTANBUL - Instead of signing a new agreement with the International Monetary Fund, an economist suggests that the government should implement radical changes. The current floating rate system should be replaced with a fixed rate system, he says

Crisis gnaws at Japan sentiment, China output

Japan reported its sharpest crash in business sentiment in three decades on Monday and industrial output in China grew at its slowest pace since 1999, the latest signs of the damage done to Asian economies by the global crisis.

SNB cuts rates by 50 bps, sees 2009 Swiss recession

The Swiss National Bank slashed interest rates by half a percentage point on Thursday, its fourth cut in two months, as it warned that a sharply worsening global climate would tip Switzerland into recession next year.

Mr Prime Minister, liberals and terror in Mumbai

India was shaken by days-long, al-Qaeda-like terror attacks killing 172 and leaving hundreds injured in the country’s "economy and finance center" Mumbai. India is not an ordinary country. Together with China it has half of the world’s population, owns nuclear power; and with China again, India succeeded in awesome growth and made its mark as one of the super power candidates of the 21st century.

China market pulls world down with it

BEIJING - Construction industry, which is one of the leading providers of China's economy, is feared to decline drastically next year. Such situation may cause global growth to decline close to zero, warns Jim Walker, an economist at Asianomics.

Alarming fall in Turkey’s exports

ISTANBUL - While Turkey’s November exports plummet 22.3 percent compared to same period last year, Deputy Prime Minister Nazım Ekren continues to reiterate that the global crisis will not have a major effect on Turkey. The crisis has peaked and now begins to descend, says prime minister