The war in Western Asia is beginning to ripple through Türkiye’s economy, testing the resilience of a country that sits at the crossroads of Europe and the Middle East and shares a border region with Iran. For now, daily life appears largely unaffected. At a central Istanbul gas station, there are no visible signs of panic buying or shortages. Yet ...
The report published by one of Germany’s prominent economic research institutes, Ifo (Leibniz-Institut für Wirtschaftsforschung an der Universität München e. V.), on September 5, 2024, is titled “Deutsche Wirtschaft steckt in der Krise fest” (The German economy is stuck in crisis). The report identifies the crisis as primarily a structural one, and it lists five structural factors: Decarbonization, digitalization, demographic ...