Turkey: A former emerging market star stumbles
Politics & Economics

Turkey: A former emerging market star stumbles

Turkey’s economy once enjoyed China-like growth rates, with gross domestic product expanding at 8.8 percent as recently as 2011, and 9.2 percent the year before that. But things have changed. Turkey’s GDP has tumbled from the highs of recent years to what experts call a disappointing 2.9 percent in 2014—which is higher than typical growth … Continue reading

Five years after Dodd-Frank, where do consumer protections stand now?
Politics & Economics

Five years after Dodd-Frank, where do consumer protections stand now?

Call it a work in progress. As the global financial system continues a long, slow healing process, the echoes of the implosion inflicted by the credit collapse of 2008 are fading into history. Yet five years after the worst financial crisis since the Great Depression, a pitched political and regulatory battle is still being fought … Continue reading

Iran deal: Corporate winners from the nuclear agreement
Politics & Economics

Iran deal: Corporate winners from the nuclear agreement

Iran and six world powers reached an agreement on Tuesday to lift sanctions against the Islamic Republic, and while U.S. and Iranian leaders have heralded the deal as a victory, the real winners could be corporations across the globe. Iran holds the world’s fourth-largest proved crude reserves and the second-largest natural gas reserves, according to … Continue reading

In ‘Little Athens,’ Greeks torn over debt crisis fix
Local News / Politics & Economics

In ‘Little Athens,’ Greeks torn over debt crisis fix

For residents of New York’s “Little Athens,” Greece‘s debt crisis hits close to home. Signs written in Greek and blue and white flags pepper Ditmars Boulevard in Astoria, but beneath the loyalty and pride on the streets of the Queens neighborhood, there’s an uneasiness about Greece’s future. If public sentiment here is any indication, Greeks … Continue reading