Turkey's economy is a complex mix of traditional craftsmanship and modern industries, increasingly dominated by the latter. The country's large agriculture sector, which ranked 7th in the world in terms of production output in 2005, accounted for 11.2% of the employment in 2006. Turkey has a strong and rapidly growing private sector, yet the state still plays a major role in industry, banking, transport, and communications. In recent years, the Turkish economy has expanded strongly, registering growth rates of 8.9% and 7.4% for the 2004 and 2005 fiscal years, respectively.

Turkey, the country famously known as the bridge between Europe and Asia, is proving to be a popular place for British property buyers to invest. The country has one of the largest economies in the world with a growing population that currently numbers over 70 million, 66% of whom are under thirty. There is also around 20 million foreign tourists.

While the Turks do not see this as a problem today, maybe they should start questioning how much of their land they want to sell off for a little bit. What has this type of foreign investment done to the economy? Many Turks can no longer afford to buy a house, summer house (yazlik) or a car because so many foreigners buy up the land and homes,..

Oil was little changed on Monday following a $3.00 slide over two days, as a U.S. winter storm and Turkish bombing of Kurdish rebels in northern Iraq countered concerns about a weaker U.S. economy.

As the closing bell of the New York Stock Exchange stops ringing at the end of each session, there is this Chatty Cathy doll that makes this signature remark at America's business news channel: "Do you know where your money is?" One might want to ask this "Money Honey" Maria whether she is referring to real or imaginary money; or both.

Oil prices have reached record highs, but economic effects on Turkey itself are yet to be seen as the government considers sanctions or military action