. by amit bhandari even though the centre of gravity of global oil trade has shifted from the west to asia, the oil trade is still managed on western exchanges. that means prices are set using western benchmarks — brent and west texas intermediate — & the medium for exchange remains the dollar. this...
political opponents, undermining private sector confidence in the judicial system. between july and march , three credit ratings agencies downgraded turkey's sovereign credit ratings, citing concerns about the rule of law and the pace of economic reforms. turkey remains highly dependent on imported oil...
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