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While walking on the streets of Istanbul, it is hard not to notice fruit and vegetable street sellers. Most of them tend to sell seasonal produce that consumers buy at markets and/or weekly street bazaars. Many people probably don’t realize or appreciate the value they bring to a local […]

Nowadays, as you walk around Istanbul, you see many unhappy and hopeless faces. Happiness seems to be in short supply probably for many obvious reasons. Looking back fifteen years when I first arrived in Istanbul, people seemed a lot more content. Of course, a lot has changed since then, […]

Turkey recently invaded Northern Syria after the US withdrew its troop deployment of around 1000 soldiers. Turkey has been contemplating this move for some time, but with the US there it couldn’t go in. Brief History Turkey and many Kurdish militant groups have been fighting for decades. Much of […]

This is a brief perspective of changes in generations over a decade in Istanbul

Over the last decade, the number of available rentals have flooded the  suburbs of big cities like Istanbul and Izmir. This flood of excessive capacity resulted from a construction boom mainly driven by low rates, hot money, and the government’s blessing. For renters this provided some opportunities and costs […]

Recently, Mr. Albayrak, Minister of Finance and Treasury in Turkey was giving a rosy speech about Turkey’s economic outlook. He discussed many issues that he predicts will happen in the couple of quarters. However, one part of his speech got my attention; incorporating a Turkish national credit agency similar […]