On December 17th, Turkish police detained around 50 individuals accused of corruption and bribery. The scandal , which implicated Prime Minister Recep Tayyip Erdoğan, was that the arrested ranged from sons of government ministers to political allies in Turkey's financial sector. Thus began a new chapter in Mr Erdoğan’s battle...
As the world continues to grapple with dramatically lower oil prices, economic and political implications for certain major oil producers are beginning to materialize. Some countries, like Saudi Arabia, the world’s largest petroleum exporter, were more prepared for the global downturn than others. Unlike many oil producers, the Saudis are...
Innovative companies such as Uber and Airbnb have pioneered a new mode of business: the sharing economy. Uber, a car-sharing service, allows individual car owners to act as taxi drivers, connecting individuals seeking rides with those with cars willing to drive them, through a mobile app. Airbnb is a similar...