Mustafa Sönmez

The most striking indicator of recent days is the increasing value of the US dollar. Two questions follow dollar's valuation to 1,80 TL levels. First, how far will it go and secondly, how long will this last?

The newly announced November 2008 data on unemployment does not reflect the rapid decline in the economy since the end of October. Future prospects for employment are bleak.

Economist Sonmez's report prepared for Petrol-Is studies how the foreign capital has affected growth potential, the disadvantage brought about by the current account deficit in the face of global crisis and the increasing inequalities.

Prices of basic goods rose by 13 percent in the last year, while rents rose by 16 percent. Lower-income and middle-class families have been most affected.

Don't be angry at the Kurdish father who sells his children to the mountains, but at the leaders who have forced him into this situation. The Turkish Republic must stop being a state which has forgotten its humane sensitivities.

The AKP's claim of a yearly growth rate of 16 percent is mostly deception which has been achieved by speculation.

What is going on? Whats wrong if the Turkish Lira is appreciating excessively? Cant the floating currency regime that is capable of anything, rasp all extremities?