Thursday, May 21, 2009

EconNews Roundup

CBT President Durmus Yilmaz's Tuesday speech, that I had discussed yesterday, is in today's Hurriyet Daily News.

Turkey loses coveted spot in top 10 current account deficits.

Beşiktaş Futbol Yatırım, the football club that is close to being the champion at Turkcell Super League: That's what I call accurate reporting. The incredible rise of Besiktas stock may not be such a big surprise, according to a recent academic paper by Hakan Berument & co. But a Fenerbahce championship might have been preferable, not only because the PM is a fan, but also because of production spillovers. Too bad they ended up with zilch:)....

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