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Thursday, February 16, 2012

TAYLAN BİLGİÇ - Dire straits for Turkey’s economy

Dire straits for Turkey’s economy

The 1973 oil embargo by members of the then-OAPEC has become so engraved in collective memory that we are reminded of its disastrous consequences every time there is diplomatic/political friction that involves the Middle East. It is as if our generation “wishes” to witness a similar embargo in a furtive desire to test the limits of our energy dependence!

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