Category: Opinion
As timeless as the Biblical tale of David and Goliath, many people still believe that larger foreign exchange companies will be better placed to provide competitive exchange rates than smaller competitors – but is that really true? Robin Haynes, MD of Currency Index founded in 2008, examines whether biggest is always best when it comes [...]
Away from the markets’ fixation with the debts of Greece and other governments, concern is growing at the painfully slow progress Europe is making in tackling a much bigger mountain of corporate and household debt. With austerity pointing to weak growth if not outright recession, the risk is that the burden of servicing the debt [...]
I am aware that I don’t give animals the attention they deserve; I postpone writing about animals as I always feel like other subjects are more important. Another reason why I am reluctant to write about animals is there is usually not good news to tell, except this time. Good things also happen; a new regulation [...]
Asian hedge funds outperformed volatile regional equity markets in 2011, marking the second consecutive year of such outperformance, according to data released today by HFR (Hedge Fund Research, Inc.), the leading provider of data, indices and analysis of the global hedge fund industry. In a year marked by a difficult cycle of navigating steep equity [...]
The International Monetary Fund lowered its outlook for the world economy on Tuesday, and warned that the global financial system faces growing risks from the debt crisis in Europe. The IMF now expects the global economy to grow 3.3% in 2012, according to an update to its World Economic Outlook. In September, the IMF said [...]
The recent uptick in PMI numbers in the US and the EM world has many wondering whether the growth slowdown is over and done with. While this is likely true for some EM economies, particularly LatAm economies, one would caution against taking such a benign view of these data points at this stage for the rest [...]
Total capital invested in the hedge fund industry regained the $2 trillion milestone to conclude 2011, according to data released today by HFR (Hedge Fund Research, Inc.), the leading provider of data, indices and analysis of hedge funds. The industry originally eclipsed $2 trillion in AUM in 1Q11 and peaked at $2.04 trillion at mid-year [...]
“I have been harassed.” If you are a young lady who is even slightly foreign-looking and walking alone, you will utter this sentence sooner or later. The best-case scenario is that someone will say to you, “Ma?allah!” which can be used with good intentions but usually is not. I hate that there is no proper [...]
Russian energy companies Rosneft and Transneft are seeking a 25 per cent stake in a planned Turkish oil pipeline, Russian Deputy Prime Minister Igor Sechin has said. The pipeline, to be built by Turkey’s Calik Holding and Eni of Italy, will link the Turkish ports of Samsun and Ceyhan and has strong backing from the [...]
I recently received the following question: “I am getting married to a Turk soon. I am a foreign citizen and a resident of Turkey. I have been told that I needed to get my birth certificate translated into Turkish, which I have done. I have also been told that the Turkish authorities might need other [...]
Property acquisition for foreigners
One of the biggest debates in Turkey is if foreigners should be allowed to buy property in Turkey or not and whether there should be a limitation on those interested in purchasing property here. Indeed, many foreigners have purchased property in Turkey in recent years by using special purpose companies or trusted Turkish friends. The [...]
Inspector investigates property scams
TheMoveChannel.com’s Property Inspector: Taking a closer look at global real estate each month. This month, TheMoveChannel.com’s Property Inspector investigates property scams. Scams have evolved in recent years thanks to the internet. As tourists are tricked into renting houses that aren’t on the market and unfinished resorts fail to deliver on fraudulent promises, how can you [...]
Prostate cancer is usually slow growing
Prostate cancer is a cancerous growth which forms in the reproductive gland of the male called the prostate. It is possible for the cancer cells to spread to the lymph nodes and into bones. This type of cancer can cause pain whilst urinating and may cause erectile dysfunction. Prostate cancer is usually slow growing, but [...]
A hospital in southern Turkey on Saturday performed the world’s first triple limb transplant, attaching two arms and one leg to a 34-year-old man, an official said. At the same time, a team of doctors at Akdeniz University Hospital, in the Mediterranean coastal city of Antalya, transplanted the face of the same donor onto another [...]