Admin TOA

Admin TOA

Rise of the Turkey, India, Mexico, Brazil and Indonesia (TIMBI)

ImageBy Jack A. Goldstone (Foreing Policy) - Forget the BRICs. The real economies that will shake up the world over the next few decades need a new acronym. Nov. 30 marked the 10th anniversary of Goldman Sachs economist Jim O'Neill's anointing of the BRIC economies -- Brazil, Russia, India, and China -- as the future leaders of the global economy. Yet 10 years on, the notion of the BRICs already seems out of date. In China and Russia, demographic patterns have shifted. Their working-age populations are declining, as are exports, while still-rigid political systems stifle free thought and hamper technical advance.
  • Published in Turkey

In Turkey's Last Armenian Village, a Place to Get Away From it All

Image By Matthew Brunwasser -  For the Geo Quiz we are looking for a province in southern Turkey about the size of Delaware. The province used to be part of Syria once, but was ceded to Turkey in 1939. It is an ethically diverse province and even includes a village with a 100 percent ethnic Armenian population. The capital of the province is the city of Antakya. Hatay is the answer to the Geo Quiz. Hatay is home to the only village in Turkey that is populated solely by ethnic Armenians considering that most ethnic Armenians, in what was then the Ottoman empire, fled or were killed or ethnically cleansed in 1915.
  • Published in Turkey

Turkey, Azerbaijan Sign Deal for Pipeline Project

ISTANBUL -(MarketWatch)- Turkey and Azerbaijan signed a deal Monday for the construction of a new joint gas pipeline project, the Trans Anadolu pipeline, which will stretch from Turkey's eastern border to its western border, with the aim of exporting Azerbaijani natural gas to Europe. The deal was signed by Turkish Energy Minister Taner Yildiz and Azerbaijan's industry and energy minister, Natiq Aliyev.
  • Published in Turkey

Meeting Boosts US Renewable Energy Exposure to Turkish Firms

Image Representatives of a prominent US trade delegation consisting of senior representatives of the US renewable energy sector as well as various US government officials and financial companies enjoyed a final gala dinner on Thursday evening sponsored by the Turkish-American Business Association (TABA). Energy consumption in Turkey is expected to grow 5-7 percent per year through 2023 and is forecasted to require over $100 billion in power generation transmission and distribution investment. Renewables will make up an increasingly large part of the pie, with a 30 percent target for the same year
  • Published in Turkey
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