The Turkish central bank has raised its key interest rate. However, further interest rate hikes will probably be necessary until the decline of the Turkish lira is halted and inflation is effectively combated.

Erdogan is convinced that he can override not only political laws and rules to his liking, but also economic laws.

According to the Federal Statistical Office, Germany's gross domestic product (GDP) has shrunk for two quarters in a row since the end of 2022. This means that the German economy is in a so-called technical recession.

Altasia has enormous economic potential and an existential interest in not being dominated by China. The common interests of the West and Altasia are obvious.

A new wage-price-state deficit spiral is looming. To avoid this, it would be time for the legislator to clearly define the conditions of the "right to strike" derived from Article 9 of the Basic Law. Strikes on the back of the general public to black ...

Fighting inflation by central banks is necessary from a market economy and distribution policy perspective. There are alternatives to maintaining financial stability at the expense of price stability.