Categories HIGHLIGHTS Markets Tech Turkey probes cryptocurrency exchange for possible $2B fraud Atilla YeşiladaPosted on22 April, 2021 Turkey’s budding crypto-assets market is reaching puberty, with the first scam being unaired today. Turkish … Continue ReadingTurkey probes cryptocurrency exchange for possible $2B fraud
Categories Emerging Markets General Natixis: New wave of infection and reduced policy space to delay India’s cyclical rebound Atilla YeşiladaPosted on22 April, 2021 Important Note to our Readers: Since Turkey’s Covid-19 outbreak proceeds in very similar lines to … Continue ReadingNatixis: New wave of infection and reduced policy space to delay India’s cyclical rebound
Categories Economy HIGHLIGHTS Turkey’s Consumer Confidence sinks in April Güldem AtabayPosted on22 April, 2021 Seasonally adjusted consumer confidence index decreased by 7.5% in April to 80.2 from the March … Continue ReadingTurkey’s Consumer Confidence sinks in April
Categories General Company Update | EREGL: TP revised up to TL22.0/share Cem CetingucPosted on22 April, 2021 Strong rally justified by rising margins. EREGL staged a strong rally over the last 6M on … Continue ReadingCompany Update | EREGL: TP revised up to TL22.0/share
Categories Business Company & Industry Trendyol received 330 million dollars capital injection from partner Alibaba Cem CetingucPosted on22 April, 202122 April, 2021 Turkish e-commerce platform Trendyol has received an additional $330 million investment from existing partner Alibaba in a … Continue ReadingTrendyol received 330 million dollars capital injection from partner Alibaba
Categories Economy HIGHLIGHTS Lira down on Erdogan’s reserve loss arguments and tensions with the US Güldem AtabayPosted on22 April, 202122 April, 2021 UPDATE: At 5 pm Turkey time, dollar/TL is trading at 8.30-31 Turkey’s lira skidded 2% … Continue ReadingLira down on Erdogan’s reserve loss arguments and tensions with the US
Categories Economy Emerging Markets HIGHLIGHTS Politics Turkey: Russia plays hardball over tourism amid Ukraine dispute Güldem AtabayPosted on22 April, 202122 April, 2021 Turkish tour operators, hotel owners and businesses based in Antalya in Turkey’s Riviera, which employs the bulk … Continue ReadingTurkey: Russia plays hardball over tourism amid Ukraine dispute
Categories Economy HIGHLIGHTS HYPED Politics Biden Preparing to Declare That Atrocities Against Armenia Were Genocide Güldem AtabayPosted on22 April, 2021 More than a century after the Ottoman Empire’s killing of an estimated 1.5 million Armenian civilians, … Continue ReadingBiden Preparing to Declare That Atrocities Against Armenia Were Genocide
Categories General Politics TTB: No vaccines, no appointments, but perception management in Turkey Cem CetingucPosted on22 April, 202122 April, 2021 The Turkish Medical Association (TTB) Central Council released a written statement yesterday (April 20) and said that … Continue ReadingTTB: No vaccines, no appointments, but perception management in Turkey
Categories Economy Güldem Atabay HIGHLIGHTS Politics Güldem Atabay: The Death of a Central Bank Güldem AtabayPosted on22 April, 2021 The Turkish central bank’s Monetary Policy Committee (MPC) kept the benchmark interest rate steady at … Continue ReadingGüldem Atabay: The Death of a Central Bank
Categories Economy ANALYSIS: IMF predicts 6% GDP growth in 2021, finds few takers Atilla YeşiladaPosted on22 April, 2021 The International Monetary Fund (IMF) has forecast that Turkish gross domestic product (GDP) will grow … Continue ReadingANALYSIS: IMF predicts 6% GDP growth in 2021, finds few takers
Categories Economy Markets Tim Ash: A hugely dangerous monetary and exchange rate strategy Atilla YeşiladaPosted on22 April, 2021 Turkish President Recep Tayyip Erdogan said authorities used $165 billion of central bank foreign-currency reserves … Continue ReadingTim Ash: A hugely dangerous monetary and exchange rate strategy
Categories HIGHLIGHTS Politics WSJ: Biden Poised to Recognize Massacres of Armenians as Genocide, Officials Say Atilla YeşiladaPosted on22 April, 2021 President Biden is poised to formally declare that the massacres of Armenians in the early … Continue ReadingWSJ: Biden Poised to Recognize Massacres of Armenians as Genocide, Officials Say
Categories Economy HIGHLIGHTS Politics Erdogan on USD 128 billion undisclosed reserve sales; no new information lots of polemic Güldem AtabayPosted on21 April, 2021 Turkish President Recep Tayyip Erdogan said authorities used $165 billion of central bank foreign-currency reserves … Continue ReadingErdogan on USD 128 billion undisclosed reserve sales; no new information lots of polemic
Categories Business General Sakarya Gas Field tests set to begin on May Cem CetingucPosted on21 April, 202121 April, 2021 Turkey’s well tests for three wells in the offshore Sakarya Gas Field in the Black Sea are set to … Continue ReadingSakarya Gas Field tests set to begin on May
Categories Politics Turkey summons Swedish ambassador to protest Sweden’s ‘support for SDF’ Cem CetingucPosted on21 April, 2021 Reuters – Turkey’s Foreign Ministry summoned Sweden’s ambassador in Ankara to a meeting to protest … Continue ReadingTurkey summons Swedish ambassador to protest Sweden’s ‘support for SDF’
Categories General HIGHLIGHTS Turkey Says Any U.S. Recognition of Armenian ‘Genocide’ Would Further Harm Ties Atilla YeşiladaPosted on21 April, 2021 Turkish Foreign Minister Mevlut Cavusoglu said on Tuesday that any move by U.S. President … Continue ReadingTurkey Says Any U.S. Recognition of Armenian ‘Genocide’ Would Further Harm Ties
Categories Politics AP: In race to rearm, Greece seeks partnerships, more hardware Atilla YeşiladaPosted on21 April, 2021 Greece has vowed to expand military cooperation with traditional NATO allies as well as Middle … Continue ReadingAP: In race to rearm, Greece seeks partnerships, more hardware
Categories HIGHLIGHTS Politics LAST MINUTE: Erdogan makes minor changes to Cabinet Atilla YeşiladaPosted on21 April, 2021 COVER photo: New ministers Turkey’s President Erdogan finally went about the long-rumored Cabinet … Continue ReadingLAST MINUTE: Erdogan makes minor changes to Cabinet
Categories Economy General The world economy has to be on the lookout for potential risks in the post-COVID-19 era Atilla YeşiladaPosted on20 April, 2021 According to the Institute of International Finance, the continuing swell in debt will see the … Continue ReadingThe world economy has to be on the lookout for potential risks in the post-COVID-19 era
