Thursday, July 1, 2021

Turkey's Canal Istanbul Project

The 45-km Canal will connect the Black Sea to the Sea of Marmara. The idea was first introduced 10 years ago. President Erdogan promised 6 years completion date. for the enquiring minds, the statistics below  to indicate the scale of the project:

"6 bridges; 45 kilometres long; 21 metres deep; 30 times safer than the Bosphorus; 90 percent less traffic; six years of construction; a $15 billion budget"

It is a post-Brexit move for the non-EU allies. Britain is Turkey's second largest export-partner, after Germany. 

Erdogan's "crazy" canal rejected by Turkish banks | Atalayar - Las claves del mundo en tus manos
Image credit - Atalayar

Turkey aims to complete Kanal Istanbul in 6 years, Erdoğan says | Daily Sabah
Image credit - Sabah Daily



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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.

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