Categories Markets Turkey’s phenomenal stock rally sign of excessive monetary easing Atilla YeşiladaPosted on10 July, 202013 July, 2020 Share-trading accounts have blossomed globally during Covid-19 lockdowns as more and more people try to … Continue ReadingTurkey’s phenomenal stock rally sign of excessive monetary easing
Categories Finance FT: Former chief economist bashes monetary policy Atilla YeşiladaPosted on10 July, 202011 July, 2020 Mr Hakan Kara, a former chief economist of the Central Bank of the Republic of … Continue ReadingFT: Former chief economist bashes monetary policy
Categories Politics AKP presses on with ‘multiple bar associations bill’ despite intense protests from lawyers Güldem AtabayPosted on9 July, 202011 July, 2020 The bill allowing multiple bar associations in a province has been widely criticized and protested … Continue ReadingAKP presses on with ‘multiple bar associations bill’ despite intense protests from lawyers
Categories Economy Reuters: Turkish factory production expected to slump 22.5% in May Editor P.A.Posted on9 July, 202011 July, 2020 Turkey’s industrial production is expected to have contracted 22.5% annually in May due to the … Continue ReadingReuters: Turkish factory production expected to slump 22.5% in May
Categories General State aid bypasses Kurds, workers Atilla YeşiladaPosted on9 July, 202011 July, 2020 The Covid-19 epidemic in Turkey has triggered a massive wave of unemployment, as well as … Continue ReadingState aid bypasses Kurds, workers
Categories Markets Arab News: $8bn blow to Erdogan as investors flee Turkey Atilla YeşiladaPosted on9 July, 202013 July, 2020 ANKARA: Foreign capital is flooding out of Turkey in a massive vote of no confidence … Continue ReadingArab News: $8bn blow to Erdogan as investors flee Turkey
Categories Finance Markets CNBC.com: Turkey faces the prospect of another currency crisis Atilla YeşiladaPosted on9 July, 202010 July, 2020 Turkey’s lira this week slipped to its weakest level since hitting a record low in … Continue ReadingCNBC.com: Turkey faces the prospect of another currency crisis
Categories Economy Turkey faces ‘fresh market concerns’ over economic policy, Moody’s says Atilla YeşiladaPosted on8 July, 20209 July, 2020 Turkey’s growth prospects are extremely dim this year, despite economy czar Albayrak’s bold statement about … Continue ReadingTurkey faces ‘fresh market concerns’ over economic policy, Moody’s says
Categories Emerging Markets Kearney: Investors will flee emerging markets in post-Covid period Atilla YeşiladaPosted on8 July, 20209 July, 2020 A recent Kearney Consulting survey among top executives finds diminishing appetite for cross-country direct investment. … Continue ReadingKearney: Investors will flee emerging markets in post-Covid period
Categories General Warning for big cities as pandemic prevails in Turkey with rise in daily cases Atilla YeşiladaPosted on8 July, 20209 July, 2020 Turkey’s coronavirus death toll rose by 19 to 5,225 in the past 24 hours, Health … Continue ReadingWarning for big cities as pandemic prevails in Turkey with rise in daily cases
Categories Atilla Yeşilada Finance COMMENTARY: Capital Flight From Turkey Will Stunt Growth, Weaken Currency Atilla YeşiladaPosted on7 July, 20209 July, 2020 Turkey is in the midst of a silent capital flight, with financial outflows mounting to … Continue ReadingCOMMENTARY: Capital Flight From Turkey Will Stunt Growth, Weaken Currency
Categories Economy ANALYSIS: Industrial sector accelerated due to the increase in exports in June Atilla YeşiladaPosted on7 July, 20209 July, 2020 Following record lows stemming from pandemic related isolation in April and a moderate improvement in … Continue ReadingANALYSIS: Industrial sector accelerated due to the increase in exports in June
Categories General Turkey’s politically-conscious Generation Z vexes Erdogan Atilla YeşiladaPosted on7 July, 20208 July, 2020 Currently, everyone in Turkey is talking about Generation Z – a term that refers to … Continue ReadingTurkey’s politically-conscious Generation Z vexes Erdogan
Categories Business Politics Turkey and EU: Relations take a turn for the worse, economy could suffer Atilla YeşiladaPosted on7 July, 20208 July, 2020 Turkey will respond with its own steps if the European Union imposes further sanctions on … Continue ReadingTurkey and EU: Relations take a turn for the worse, economy could suffer
Categories Finance Turkey’s credit fueled boom likely to end in July Atilla YeşiladaPosted on6 July, 20208 July, 2020 Turkey’s manufacturing and composite PMIs published by Istanbul Chambers for Industry in conjunction with Markit, … Continue ReadingTurkey’s credit fueled boom likely to end in July
Categories Finance General Erratic regulations will dry out foreign investment Atilla YeşiladaPosted on6 July, 20207 July, 2020 Turkey imposed a ban on six foreign banks from betting against the nation’s stocks in … Continue ReadingErratic regulations will dry out foreign investment
Categories Politics CHP leader Kilicdaroglu: AKP staging a civilian coup Atilla YeşiladaPosted on4 July, 20207 July, 2020 These are excerpts from a very lengthy TV interview with main opposition party CHP leader … Continue ReadingCHP leader Kilicdaroglu: AKP staging a civilian coup
Categories Company & Industry General Delivery service starts layoffs concealed as ‘safety measures’ Atilla YeşiladaPosted on4 July, 20204 July, 2020 Popular Internet-based delivery service Getir is laying off motor couriers under the guise of safety … Continue ReadingDelivery service starts layoffs concealed as ‘safety measures’
Categories Business Company & Industry Dieageo CEO: Raki output down by 20 million tons; farmers’ losses escalate Atilla YeşiladaPosted on4 July, 20204 July, 2020 The reduction of 20 million tons in production of raki over the last 15 years … Continue ReadingDieageo CEO: Raki output down by 20 million tons; farmers’ losses escalate
Categories Finance Markets Fitch: Central Bank reserves too low for comfort Atilla YeşiladaPosted on4 July, 20207 July, 2020 A new Fitch report on Turkey, issued on 3 July, comments that the FX reserves … Continue ReadingFitch: Central Bank reserves too low for comfort