SPDR® S&P Emerging Middle East&Afr ETF
Qatar Crisis Has Impacted Equities in 2017
Decades of cold war among GCC (Gulf Cooperation Council) members in the Middle East resulted in the Qatar crisis in 2017.
Did IMF Slash Turkey’s Growth Outlook amid Political Tensions?
Political uncertainty, a fall in tourism, weak corporate profitability, and credit growth are expected to impact Turkey’s (TUR) growth in 2017.
Turkish Foreign Investment Fell as Political Tensions Escalated
Turkey attracted $12.3 billion in foreign direct investment in 2016, higher than expected considering the latest developments in Turkey and the neighboring region.
Turkey’s Surging Current Account Deficit and Its Impact in 2017
According to the Turkish government’s latest Medium-Term Economic Plan (or MEP), its forecast for a current account deficit for 2017 is $32 billion, or 4.2% of GDP.
The Syria Conundrum: Is Turkey with the US or Russia?
Global markets fell as the United States launched 59 Tomahawk missiles at a Syrian government airbase on the expectation of a chemical attack against Syrian civilians early in April 2017.