Categories Economy Emerging Markets EU to allow in visitors from 14 ‘safe’ countries; Turkey excluded Editor P.A.Posted on30 June, 20201 July, 2020 The 27-member bloc gave approval on Tuesday to leisure or business travel from 14 countries … Continue ReadingEU to allow in visitors from 14 ‘safe’ countries; Turkey excluded
Categories Economy Emerging Markets As widening current account deficit gets attention: Turkey trade deficit more than doubles in May Editor P.A.Posted on30 June, 20201 July, 2020 According to the official data, in May 2020 Turkey’s exports were 9 billion 967 million … Continue ReadingAs widening current account deficit gets attention: Turkey trade deficit more than doubles in May
Categories Economy Emerging Markets Reuters Poll: Turkish inflation seen rising above 12% in June Editor P.A.Posted on30 June, 20201 July, 2020 Turkey’s consumer price index is expected to rise above 12% in June from 11.4% the … Continue ReadingReuters Poll: Turkish inflation seen rising above 12% in June
Categories Politics Turkish lawyers protest the government plan to reform/control bar associations Editor P.A.Posted on30 June, 20201 July, 2020 Thousands of Turkish lawyers protested outside Istanbul’s main courthouse on Tuesday against a government plan … Continue ReadingTurkish lawyers protest the government plan to reform/control bar associations
Categories Economy Emerging Markets Another downgrade from Fitch: cuts Turkey economic growth forecast to -3.9% Editor P.A.Posted on30 June, 202030 June, 2020 Turkey’s economy is expected to contract by 3.9% this year, Fitch said in a report on Monday, … Continue ReadingAnother downgrade from Fitch: cuts Turkey economic growth forecast to -3.9%
Categories Economy Credit Suisse Commentary: Turkey—Pushing the limits Atilla YeşiladaPosted on30 June, 202030 June, 2020 Economic activity is now rebounding from its April low Turkey’s relatively well-functioning health infrastructure and … Continue ReadingCredit Suisse Commentary: Turkey—Pushing the limits
Categories Markets Macro Thoughts: The Return of Inflation Atilla YeşiladaPosted on30 June, 202030 June, 2020 One needs to be careful not to simply be contrarian for contrarian’s sake, but we … Continue ReadingMacro Thoughts: The Return of Inflation
Categories Business The EU relaxes international travel, but US, Turkey still out Atilla YeşiladaPosted on30 June, 20207 July, 2020 The European Union (EU) has started to lift some of the travel restrictions that were … Continue ReadingThe EU relaxes international travel, but US, Turkey still out
Categories Business Euromoney: Turkey’s vulnerability is not a shock to risk experts Atilla YeşiladaPosted on30 June, 202030 June, 2020 Coronavirus could not have happened at a worse time for Turkish investors hoping to see … Continue ReadingEuromoney: Turkey’s vulnerability is not a shock to risk experts
Categories Business Turkish shopping malls: No V shaped recovery here! Atilla YeşiladaPosted on30 June, 202030 June, 2020 Turkey 400 plus strong shopping malls collect timely data on visitor traffic and sales, which … Continue ReadingTurkish shopping malls: No V shaped recovery here!
Categories General Kurdish-Turkish clashes in Vienna spells new trouble in relations with EU Atilla YeşiladaPosted on29 June, 202029 June, 2020 (Reuters) – Austria pledged on Monday to find out who was behind clashes between Kurdish … Continue ReadingKurdish-Turkish clashes in Vienna spells new trouble in relations with EU
Categories Business Tech Anatolian News Agency: Turkey should become ‘smart-agriculture’ country Atilla YeşiladaPosted on29 June, 202029 June, 2020 Turkey should become a “smart-agriculture” country to overcome its agricultural issues, raise incomes and ensure … Continue ReadingAnatolian News Agency: Turkey should become ‘smart-agriculture’ country
Categories Emerging Markets Finance Nikkei: Coronavirus triggers dollar drain in big emerging markets Atilla YeşiladaPosted on29 June, 202030 June, 2020 The global coronavirus pandemic threatens to send capital fleeing from emerging economies, as falling exports … Continue ReadingNikkei: Coronavirus triggers dollar drain in big emerging markets
Categories Business Aegean manufacturers discover “impoverishing growth” Atilla YeşiladaPosted on27 June, 202027 June, 2020 Growth does not create employment Ender Yorgancılar, President of the Aegean Region Chamber of Industry … Continue ReadingAegean manufacturers discover “impoverishing growth”
Categories Emerging Markets Comment: EM is a value trap, but we live in the “who cares” world Atilla YeşiladaPosted on27 June, 202030 June, 2020 When one reads investment banking reports and financial commentary, EM assets are a strong BUY, … Continue ReadingComment: EM is a value trap, but we live in the “who cares” world
Categories Economy IMF: Turkey is in the red zone Atilla YeşiladaPosted on27 June, 202030 June, 2020 IMF’s recent mid-year global outlook update has created shockwaves in markets, and is now causing … Continue ReadingIMF: Turkey is in the red zone
Categories Politics Arab Press: Egypt will not go to war with Turkey over Haftar Atilla YeşiladaPosted on27 June, 202030 June, 2020 Arab World is understandably extremely concerned bout the escalating war in Libya, which is drawing … Continue ReadingArab Press: Egypt will not go to war with Turkey over Haftar
Categories Politics JP Morgan: Finally a hawkish surprise from the CBRT Atilla YeşiladaPosted on27 June, 202029 June, 2020 After a long period of monetary easing, the CBRT finally delivered a hawkish surprise and … Continue ReadingJP Morgan: Finally a hawkish surprise from the CBRT
Categories Company & Industry Turkish top stock picks Atilla YeşiladaPosted on27 June, 202027 June, 2020 Adding OTKAR We think OTKAR continues to have strong growth prospects both in defense and … Continue ReadingTurkish top stock picks
Categories General Erdogan: Covid-19 cases serious concern Atilla YeşiladaPosted on27 June, 202028 June, 2020 Turkey’s war against corona epidemic is stalling, with negative reverberations on politics and the economy. … Continue ReadingErdogan: Covid-19 cases serious concern
