Categories Company & Industry Politics Google gets fined by Turkish government for breaking competition law Cem CetingucPosted on15 April, 202115 April, 2021 Turkish authorities on Wednesday fined Google 296 million Turkish liras ($36.6 million) for violating the … Continue ReadingGoogle gets fined by Turkish government for breaking competition law
Categories General New Covid-19 cases in Turkey exceeds 62,000 Cem CetingucPosted on15 April, 2021 Turkey reported nearly 63,000 more coronavirus cases on Wednesday, its highest single-day figure since the … Continue ReadingNew Covid-19 cases in Turkey exceeds 62,000
Categories General Tech Turkey’s first air-to-air missile “Bozdogan” is a success Cem CetingucPosted on14 April, 202114 April, 2021 Air-to-air in-sight missile Bozdogan, developed in Goktug project, hit target with first shot, says Erdogan … Continue ReadingTurkey’s first air-to-air missile “Bozdogan” is a success
Categories Economy General Macro Focus: Recovery trend continues despite momentum loss Cem CetingucPosted on14 April, 202114 April, 2021 In February, IP increased by 0.1% MoM and 8.8% on a YoY. According to the consensus, … Continue ReadingMacro Focus: Recovery trend continues despite momentum loss
Categories Economy HIGHLIGHTS Erdogan’s new dove: Five questions for Turkey’s central bank Güldem AtabayPosted on14 April, 202114 April, 2021 Turkey’s fourth central bank chief in less than two years will oversee his first policy … Continue ReadingErdogan’s new dove: Five questions for Turkey’s central bank
Categories Economy HIGHLIGHTS Turkey’s economy seen regaining pace, expanding 4.8 percent in 2021 Güldem AtabayPosted on14 April, 2021 Turkey’s economy will grow 4.8% in 2021, rebounding strongly from a slump brought on by … Continue ReadingTurkey’s economy seen regaining pace, expanding 4.8 percent in 2021
Categories HIGHLIGHTS Politics Kavala, Demirtas and now Altan: ECHR rules Turkish writer Altan’s rights were violated Güldem AtabayPosted on13 April, 2021 Europe’s top human rights court ruled on Tuesday that the right to liberty and freedom … Continue ReadingKavala, Demirtas and now Altan: ECHR rules Turkish writer Altan’s rights were violated
Categories Economy Finance General HIGHLIGHTS Turkey’s Halkbank urges end of U.S. prosecution alleging Iran sanctions violations Güldem AtabayPosted on13 April, 2021 A lawyer for Halkbank told a U.S. appeals court on Monday that the state-owned Turkish … Continue ReadingTurkey’s Halkbank urges end of U.S. prosecution alleging Iran sanctions violations
Categories Economy General HIGHLIGHTS Citi cuts Turkey growth forecast to 3.4%, sees no case for rate cuts Güldem AtabayPosted on13 April, 2021 Citi cut its 2021 economic growth estimate for Turkey on Tuesday to 3.4% from 4%, … Continue ReadingCiti cuts Turkey growth forecast to 3.4%, sees no case for rate cuts
Categories Economy Emerging Markets HIGHLIGHTS JPMorgan downgrades emerging market currencies to ‘underweight’ Güldem AtabayPosted on13 April, 2021 Investment bank JPMorgan recommended selling emerging market currencies on Tuesday, completing a 180-degree pivot from … Continue ReadingJPMorgan downgrades emerging market currencies to ‘underweight’
Categories General HIGHLIGHTS OPINION: Erdogan abandons Turkey to the ravages of Covid-19 Atilla YeşiladaPosted on13 April, 2021 With 59,187 news cases and 273 deaths today, Turkey is on her way to catch … Continue ReadingOPINION: Erdogan abandons Turkey to the ravages of Covid-19
Categories Politics Russia tells TR not to supply weapons to Ukraine Cem CetingucPosted on13 April, 2021 Russia warned several countries, including Turkey, to stop supplying weapons to Kyiv, as tensions have … Continue ReadingRussia tells TR not to supply weapons to Ukraine
Categories Company & Industry Politics Halkbank seeks the end of U.S. prosecution due to Iran sanctions violations Cem CetingucPosted on13 April, 2021 A lawyer for Halkbank told a U.S. appeals court on Monday that the state-owned Turkish … Continue ReadingHalkbank seeks the end of U.S. prosecution due to Iran sanctions violations
Categories General Investors turn to Bitcoin after Turkey’s economic turmoil Cem CetingucPosted on13 April, 2021 The neighbourhood teahouse is a focus of daily life across Turkey, an Ottoman tradition that has … Continue ReadingInvestors turn to Bitcoin after Turkey’s economic turmoil
Categories Politics Turkish and US officials gather for Afghan peace process Cem CetingucPosted on13 April, 2021 Turkish Foreign Minister Mevlut Cavusoglu and US Secretary of State Antony Blinken discussed the Afghan … Continue ReadingTurkish and US officials gather for Afghan peace process
Categories Company & Industry General Company Update | PETKM TP revised up to TL7.50/share Cem CetingucPosted on13 April, 2021 Turning more positive on strong earnings momentum expected this year. We are updating our estimates for … Continue ReadingCompany Update | PETKM TP revised up to TL7.50/share
Categories Business General Will Canal Istanbul be ever constructed? Atilla YeşiladaPosted on13 April, 2021 Turkey’s Environmental Minister Murat Kurum recently confirmed that the country has approved development plans for … Continue ReadingWill Canal Istanbul be ever constructed?
Categories Emerging Markets Markets EM: Hope dies hard Atilla YeşiladaPosted on13 April, 2021 On Monday, India’s deepening coronavirus crisis slammed the nation’s stocks and currency on concern it … Continue ReadingEM: Hope dies hard
Categories Economy HIGHLIGHTS Politics Canada cancels export permits for drone technology to Turkey over use in Nagorno-Karabakh Güldem AtabayPosted on12 April, 2021 Canadian Minister of Foreign Affairs Marc Garneau has announced a permit cancellation for weaponry to … Continue ReadingCanada cancels export permits for drone technology to Turkey over use in Nagorno-Karabakh
Categories General HIGHLIGHTS Politics Turkish Medical Association: Hospitals full of Covid patients, new services not enough Güldem AtabayPosted on12 April, 2021 The new Covid-19 services set up at hospitals in the face of the third peak … Continue ReadingTurkish Medical Association: Hospitals full of Covid patients, new services not enough
