Mehmet Akif Soysal All daily Yeni Şafak Columns

Mehmet Akif Soysal

23 columns listing

Make up your minds: Are companies making huge profits or going bankrupt?

22 August 2024, Thursday

In society, there are two groups that always try to gain something from every situation. One is the opposition, and the other is the so-called social media commentators. The first group, the opposition, behaves as if what they said yesterday is no longer on record, boldly expressing ideas contrary to their previous statements and even having the audacity to claim, “Didn’t I say this?” For instance, look at recent developments in the economy. While a loose monetary policy was being pursued, they

The US Dollar is the Core of Tyranny!

16 August 2024, Friday

Boycotting the imperialists' burgers, sugary drinks, or coffee—or even all of them—is indeed a stand, but it won’t hurt them much. I'm not saying we shouldn't boycott, of course. It's important to take a stand, even if it's like an ant trying to reach the Kaaba. We should do it. However, if we truly want to achieve a comprehensive victory against those who aim to end Islam, divide our lands, and perpetuate oppression, even nuclear weapons wouldn’t suffice. What would suffice, you ask? Neutralizing

EU moves to counter Chinese automobile invasion

16 June 2024, Sunday

After the United States and Türkiye, the European Union also imposed additional taxes on Chinese car manufacturers yesterday, aiming to control the entry of Chinese cars into their countries. As you may recall, while the United States applied tariffs at 100%, Türkiye implemented them at 40%. Additionally, Türkiye imposed the same tax on Chinese internal combustion engine vehicles. The European Commission, the executive body of the EU, stated that the initial results of its ongoing investigation

Has the increase in foreign currency inflow led to the establishment of the rule of law in the country?

26 May 2024, Sunday

The new economic policies have quickly started yielding results post-election. One of the most significant outcomes is the improvement in the Central Bank of the Republic of Türkiye’s (TCMB) reserves. However, the primary expected outcome remains a decline in inflation. **What's the Current State of Reserves?** Firstly, let's briefly address the current state of reserves. Since the elections ended in April, there has been an increase of over $50 billion in reserves. By mid-July, we are likely to

U.S.-China disputes are escalating global risks

25 February 2024, Sunday

February was a month of renewed tension between the United States and the People's Republic of China. As the U.S. elections approach, the possibility of Trump running for and winning the elections has come to light, and it's now being discussed that the risks at the end of the election period will be based on the sanctions Trump initiated against the People's Republic of China. However, even before this process begins, we can see that tension has risen in February. Two news stories have made international

As we ring in the new year...

28 December 2023, Thursday

Before delving into the year 2024, it's essential to discuss the year 2023. Indeed, 2023 posed more challenges for Türkiye compared to previous years. The most significant challenge was, of course, the earthquake; it directly affected 11 provinces and indirectly impacted various others. The lives lost and the children left orphaned will continue to be the primary cause of our heartache. Additionally, the aftermath included a financial burden exceeding 100 billion dollars, marking a new era for the

Carbon Tax: Protectionism or a Cleaner World?

23 December 2023, Saturday

In April, the EU approved the world's first plan targeting steel, cement, aluminum, fertilizers, electricity, and hydrogen imports, introducing taxes on high-carbon imports starting from 2026. On December 18, the UK government announced that it would impose a new carbon import tax on certain products starting from 2027 to help protect businesses against cheap imports from countries with less stringent climate policies. In September, the European Union launched the first phase of a system applying

Geographical unity from the Middle East to Türkiye should be preserved!

03 November 2023, Friday

In the past week, I returned from my trip to Saudi Arabia, where I've been traveling since the beginning of the week. This visit marked a significant milestone as it meant that I have now visited almost all the Gulf countries at least once this year. During my stay, both before and after the elections, I had the opportunity to observe various perspectives on Türkiye. Our discussions were informal and focused on technical aspects, given that we didn't have any official duties. I engaged with individuals

Cooperation with the Gulf is strategic

14 October 2023, Saturday

IMF's meeting on October 11 highlighted discussions on managing the national debt that would arise from allocating resources to renewable energy investments to combat climate change. Although it may not be a prominent topic, the heightened attention that the EU, our largest export market, is paying to zero-emission criteria should also pique our interest. This is because, in the near future, exporting products that exceed carbon limits to the EU will not be possible. According to the IMF, high levels

Türkiye must seize the opportunity in the Western effort to counter China's automotive dominance!

29 September 2023, Friday

If we say that automobile production is the heart of the Western world, it wouldn't be an exaggeration. The fact that the mass production concept was invented by American Henry Ford and then adapted to all other sectors is the best indicator of this. On the other hand, Western dominance is also evident in areas such as fuel production-distribution and tires. The situation that has been going on since the beginning of industrialization and solidified with World Wars is now rapidly reversing; now,