Categories Economy HIGHLIGHTS Turkish lira plunges 13% in early trade after Erdogan ousts central bank governor Güldem AtabayPosted on21 March, 2021 Turkey’s lira tumbled 13% in early Asia trade on Monday, touching November levels, after President … Continue ReadingTurkish lira plunges 13% in early trade after Erdogan ousts central bank governor
Categories Economy Global recovery in jeopardy, as Covid-19 stages “Forth Wave” Atilla YeşiladaPosted on21 March, 202121 March, 2021 Despite the rosy view from a few select countries, such as US, UK and Israel, … Continue ReadingGlobal recovery in jeopardy, as Covid-19 stages “Forth Wave”
Categories General Politico: India’s purchase of Russian missile system could trigger sanctions Atilla YeşiladaPosted on21 March, 2021 Defense Secretary Lloyd Austin hinted during a visit to New Delhi on Saturday that India’s … Continue ReadingPolitico: India’s purchase of Russian missile system could trigger sanctions
Categories General HYPED Women protest Erdogan’s decision to pull out of treaty Atilla YeşiladaPosted on20 March, 2021 According to Turkish press, President Erdogan’s decree withdrawing Turkey from a treaty to protect women … Continue ReadingWomen protest Erdogan’s decision to pull out of treaty
Categories General HIGHLIGHTS Naci Agbal becomes global news Atilla YeşiladaPosted on20 March, 2021 The sacking of Turkish Central Bank chairman Mr Naci Agbal made it to the headlines … Continue ReadingNaci Agbal becomes global news
Categories Emerging Markets HYPED Emerging Markets: Confused between liquidity, geo-political tensions and rising bond yields Atilla YeşiladaPosted on20 March, 2021 Emerging Markets grasped for guidance and direction on Friday, as several opposing winds struck investors. … Continue ReadingEmerging Markets: Confused between liquidity, geo-political tensions and rising bond yields
Categories HIGHLIGHTS Politics Turkey leaves Istanbul Convention aimed at protecting women from violence Atilla YeşiladaPosted on20 March, 2021 Turkey has left the Istanbul Convention designed to protect women against violence and combatting against … Continue ReadingTurkey leaves Istanbul Convention aimed at protecting women from violence
Categories General HIGHLIGHTS Erdogan sacks Central Bank head Naci Agbal Atilla YeşiladaPosted on20 March, 2021 Stability and reform are mirages when it comes to Turkey. The day after the financial … Continue ReadingErdogan sacks Central Bank head Naci Agbal
Categories Economy HIGHLIGHTS State-run Halkbank to restructure debts of tradesmen Güldem AtabayPosted on19 March, 2021 Trade Minister Ruhsar Pekcan announced from her twitter account that state-run lender Halkbank will restructure the … Continue ReadingState-run Halkbank to restructure debts of tradesmen
Categories Emerging Markets HIGHLIGHTS Fitch sees Fed tapering in early 2022, warns on fragile emerging markets Atilla YeşiladaPosted on19 March, 2021 (Reuters) – Ratings agency Fitch expects the Federal Reserve to dial back its COVID-19-related economic … Continue ReadingFitch sees Fed tapering in early 2022, warns on fragile emerging markets
Categories HIGHLIGHTS Politics Turkish prosecutor seeks political ban on 687 pro-Kurdish politicians Güldem AtabayPosted on18 March, 2021 The indictment prepared for the closure of the pro-Kurdish Peoples’ Democratic Party (HDP), the Turkish … Continue ReadingTurkish prosecutor seeks political ban on 687 pro-Kurdish politicians
Categories Economy HIGHLIGHTS Markets Turkey’s central bank: Brave 200 basis points rate hike to 19 percent Güldem AtabayPosted on18 March, 2021 The Monetary Policy Committee (MPC) has decided to increase the policy rate (one-week repo auction … Continue ReadingTurkey’s central bank: Brave 200 basis points rate hike to 19 percent
Categories Economy HIGHLIGHTS Turkey to Forgo New Samurai Bond Sale for Now as Note Matures/Rating score a problem Güldem AtabayPosted on18 March, 2021 Turkey is not planning to offer any fresh yen-denominated bonds for the moment, according to … Continue ReadingTurkey to Forgo New Samurai Bond Sale for Now as Note Matures/Rating score a problem
Categories Emerging Markets S&P: Asia’s emerging economies are poised to withstand rising U.S. yields — but risks remain Atilla YeşiladaPosted on18 March, 2021 Rising U.S. bond yields will not hurt Asia’s emerging markets as badly as they did … Continue ReadingS&P: Asia’s emerging economies are poised to withstand rising U.S. yields — but risks remain
Categories Economy HIGHLIGHTS Politics Murat Yetkin: HDP closure case in Turkey: is this a democracy reform? Güldem AtabayPosted on17 March, 2021 Hours after the removal of one of its MPs, Ömer Faruk Gergerlioğlu from the parliament … Continue ReadingMurat Yetkin: HDP closure case in Turkey: is this a democracy reform?
Categories Economy HIGHLIGHTS Politics Top appeals court launches lawsuit for Pro-Kurdish HDP’s closure Güldem AtabayPosted on17 March, 2021 The chief public prosecutor’s office of the Court of Cassation launched a lawsuit with the Constitutional … Continue ReadingTop appeals court launches lawsuit for Pro-Kurdish HDP’s closure
Categories Economy HIGHLIGHTS Politics Turkey’s justice system down one more grade: AKP-MHP strips pro-Kurdish legislator of seat in parliament Güldem AtabayPosted on17 March, 2021 In the latest crackdown on Turkey’s pro-Kurdish opposition party, Turkey on Wednesday stripped a prominent … Continue ReadingTurkey’s justice system down one more grade: AKP-MHP strips pro-Kurdish legislator of seat in parliament
Categories Economy HIGHLIGHTS Turkey’s short term external debt on the rise: USD 190 bn to pay in the year ahead Güldem AtabayPosted on17 March, 2021 According to the Central Bank data announced today Turkey’s total short-term external debt (original maturity … Continue ReadingTurkey’s short term external debt on the rise: USD 190 bn to pay in the year ahead
Categories Economy OPEC: Assessment of the global economy Atilla YeşiladaPosted on17 March, 2021 The year 2020 witnessed an extraordinary and unprecedented turn of events that have negatively impacted … Continue ReadingOPEC: Assessment of the global economy
Categories General With cases reaching 2021-high, Erdogan determined to keep the economy open Atilla YeşiladaPosted on17 March, 2021 Turkey recorded 16, 505 new coronavirus cases on Tuesday, the highest daily rise this … Continue ReadingWith cases reaching 2021-high, Erdogan determined to keep the economy open
