Today, discount chain stores and national supermarket chains, having replaced small shops, greengrocers, butchers, sellers of dried nuts and fruits and even bakeries, have become the largest suppliers of food and beverage to households. Due to increasing demand, these retailers with hundreds of stores around the world are the "price setters" of the food retail industry.

It was the 1970’s. People would swim on Yeniköy’s coast in Istanbul, relax by the clear blue waters of the Marmara Sea. I remember I was 4 or 5 years old, together with my parents by the seaside. Everyone was jumping into the sea from the pier, so I wanted to jump too. My mother said, "Jump then". So, I jumped but I started to struggle in the water since I didn’t know how to swim.

"Correct analysis requires correct information." Countless times I have said this fact in this column. To people who think that things happen for no reason, countless times I asked, “Are you not cross-checking your data and the available facts?” You are always welcome to read my many articles and analyses stating that wars do not suddenly pop up, and the fact that global military spending has been increasing steadily every year was not a good sign.

First of all, let me say that Iran does not possess a genuinely effective army. Diplomacy is the most important weapon that Iran has been using so far. In the region, there is also the presence of Iranian government organisation SAVAK (Organization of National Security and Information), which is as effective as MOSSAD.

I guess we have to stop asking, "Why don't you go into politics?" to every person we subjectively see ‘fit’ to serve as a politician. Politics is neither a social vocation and service that anyone can do nor, as the well-intentioned think, a super formula that will instantly put a country on a good footing when implemented by well-educated people.

I guess we have to stop asking, "Why don't you go into politics?" to every person we subjectively see ‘fit’ to serve as a politician. Politics is neither a social vocation and service that anyone can do nor, as the well-intentioned think, a super formula that will instantly put a country on a good footing when implemented by well-educated people.

This is a theory that I quite dislike but it is one of the most embraced theories by most people in the world. - There will definitely be a war. - Why? - Because no government is able to repay this much debt. This is a straightforward fact - that Indebtedness rates had reached a peak in many countries before the Second World War. The fact that a war broke out right after the Great Depression of 1929 may seem inevitable. In fact, in retrospect, everything seems rational.

Citizens of many countries tend to rely on conventional investments such as buying foreign currency or gold so that their savings do not depreciate in the long term. This situation is partly due to lack of financial literacy and partly due to the idea suggesting that "rule number one is do not change the winning tactic". But is investing in foreign currency actually the winning tactic?

Preserving the value of their currencies is a big obsession of developing countries. Thinking that “strong countries have to have strong currencies”, they tend to do things in reverse, which leads them to make one mistake after another.

I have around half a million followers and I follow thousands of people on social media. I follow my friends, colleagues as well as analysts and experts I have never met, either from Turkey or different parts of the world. Most of the people I follow happen to be analysts, enabling me to monitor what is happening in the markets as accurately as possible. Cryptocurrencies, debt securities, commodities and stocks… In their own style, they analyse in detail each movement in the markets.

Foreign capital is preferable to borrowing for a country that does not have enough savings for investment to meet its needs. Obviously, certain requirements must be met to bring in these funds. Unfortunately, the governments of most developing countries tend to misidentify the factors that could attract foreign capital.

In my previous articles, I had mentioned the recent incidents on Suez and Panama Canals, emphasising that the rising interest rates all over the world could remain ineffective against a new wave of inflation arising from logistics costs. In order to support this argument, let’s analyse the current situation in the Suez Canal first.

A single equation is not sufficient to describe an economy. Because an economy has many equations, and every economy has its own dynamics. The knowledge taught to students in "Introduction to Economics" classes has been produced to help them understand economics more easily, where cause and effect relationships are difficult to discern from one another.

At the end of each year, financial institutions release their expectations for the next year. Personally, I tend to embrace the principle of "be patient and wait for things to become clearer” because I think it is not wise to generate ideas about the whole year before the first month of the year ends.

As the world's population ages, it is estimated that the population of individuals aged over 65 years will outnumber those under the age of 5 by the next year. Lifespans are getting longer as elderly people tend to concentrate in coastal areas. On the one hand, we have global warming and the projections that sea level will continue to rise over the next 30 years, and on the other, prospective retirees who want to spend the rest of their lives by the sea or ocean.