Word: erful
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Suzan Sabanci Dinçer is all too familiar with banking crises and their devastating effects. A scion of one of Turkey's most famous business dynasties, she is chairwoman of Akbank, the country's biggest privately owned bank. Back in 2001, she lived through a meltdown of the Turkish banking system and a terrifying 9.5% one-year drop in gross domestic product. Akbank posted a big loss that year, but at least it escaped a worse fate: almost half of the nation's 80-plus banks disappeared...
...another financial crisis is raging, this time globally, and as Sabanci Dinçer watches it unfold from her elegantly furnished 27th-floor office in the heart of Istanbul, she inevitably has a feeling of déjà vu. But this time, while there's trepidation, there's also hope. The Turkish banks that survived that earlier crisis emerged from it much better capitalized - and more heavily regulated - than their peers in the U.S. or Europe. Today, thanks to surging investment and exports, the Turkish economy is double the size it was in 2001, and the nation's financiers...
...Sabanci Dinçer has little patience for such squabbling. Turkey has some critical tasks ahead, she says, including attracting international investment into new manufacturing projects, in order to provide jobs for its young population. The median age of Turkey's 71 million population is under 30, and millions of youngsters will be needing jobs in the future. She's more supportive of the government than many of her peers, but says the political fighting "made us lose time. It scared away some foreign investment. It's bad for the business climate, and I'm sure it affected consumers. Hopefully...
...Er, $6,999. But it uses two-thirds less power than an lcd or plasma...
...subject matter, Trapper deliberately makes the track painful to listen to. The lyrics, as well as Earley’s moaning of the word “Love,” have an echo of The Who’s “Love, Reign O’er Me” yet boast none of that song’s vast beauty. While “Reign” stands out as one of The Who’s strongest and best songs, “Love U” is discordant and lyrically lackluster, demonstrating that, while...