Word: inflationitis
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Locals credit their town's rebirth to AKP policies and, in particular, the party's economic management. After a financial crisis in 2001 caused Turkey's currency to lose half its value, the country introduced IMF-inspired reforms that the AKP has doggedly maintained. As a result, Turkey has not...
Secularists are now rising to meet that challenge. The almost visceral response they have to the AKP focuses less on what the party has done than on who its leaders are. Even staunch opponents of the government concede that Erdogan has done some things right. A buoyant economy growing at...
Though administrators have yet to establish a dollar figure goal for the proposed campaign, they expect it to exceed the last capital drive, which raised $2.6 billion when it ended in 1999. A similar seven-year campaign launched this year would raise close to $4.4 billion, assuming a higher-education...
Alistair Darling doesn't flinch but he is a brave man, willing to step into the biggest shoes in government. He inherits a robust economy with record employment, low inflation and a history of sustained growth, an achievement that's the proudest boast of his predecessor, now the Prime Minister...
I disagree with Simon Robinson who found Bangalore a pocket of prosperity in a country steeped in poverty, malnourishment and corruption. Western visitors are led to believe that this once charming small town is India's Silicon Valley. But there is the same gap between the advertised image of a...