Categories Business HIGHLIGHTS Breaking: Russia to debate banning Turkey to tourists Atilla YeşiladaPosted on9 April, 2021 Russian government officials will discuss on April 9 closing Turkey for Russian tourists to prevent … Continue ReadingBreaking: Russia to debate banning Turkey to tourists
Categories Economy HIGHLIGHTS Central bank governor change pushes up inflation expectations significantly Güldem AtabayPosted on9 April, 20219 April, 2021 According to the Central Bank’s Expectations Survey for April 2021, consumer inflation (CPI) expectations rose … Continue ReadingCentral bank governor change pushes up inflation expectations significantly
Categories Economy General Selva Demiralp: Inflation, central bank credibility, institutional independence Güldem AtabayPosted on9 April, 2021 As the former Fed chair Ben Bernanke once put it, “Monetary policy is 98 percent … Continue ReadingSelva Demiralp: Inflation, central bank credibility, institutional independence
Categories Finance HIGHLIGHTS Markets Credit Suisse on TL: Another U-turn in macro policies Atilla YeşiladaPosted on9 April, 2021 Core Views Although Q1 felt like a strong one for the USD, the BBDXY only … Continue ReadingCredit Suisse on TL: Another U-turn in macro policies
Categories Finance EBRD President: Turkey central bank shakeup raises financial stability concerns Atilla YeşiladaPosted on9 April, 2021 Change at the helm of Turkey’s central bank has raised concerns about its financial stability … Continue ReadingEBRD President: Turkey central bank shakeup raises financial stability concerns
Categories General Tech Brookings: Making well-being a policy priority: Lessons from the 2021 World Happiness Report Atilla YeşiladaPosted on8 April, 2021 What began as a roving conversation about the role of happiness in policy among a … Continue ReadingBrookings: Making well-being a policy priority: Lessons from the 2021 World Happiness Report
Categories Economy HIGHLIGHTS HYPED Turkish cenbank to hold rates in new chief’s first decision – Reuters poll Güldem AtabayPosted on8 April, 2021 Turkey’s central bank is expected to hold interest rates at 19% next week at its … Continue ReadingTurkish cenbank to hold rates in new chief’s first decision – Reuters poll
Categories Economy HIGHLIGHTS Turkey’s net FX reserves lowest in 18 years at $10.68 billion Güldem AtabayPosted on8 April, 2021 The Turkish central bank’s net international reserves fell to its lowest level since 2003 at … Continue ReadingTurkey’s net FX reserves lowest in 18 years at $10.68 billion
Categories Economy HIGHLIGHTS Turkey’s daily new COVID-19 cases near 56,000, at record high Güldem AtabayPosted on8 April, 2021 Turkey recorded 55,941 new coronavirus cases in the last 24 hours, health ministry data showed … Continue ReadingTurkey’s daily new COVID-19 cases near 56,000, at record high
Categories HIGHLIGHTS Politics Italy’s Draghi accuses ‘dictator’ Erdogan, draws Turkey’s condemnation Güldem AtabayPosted on8 April, 2021 Italian Prime Minister Mario Draghi on Thursday accused Turkish President Tayyip Erdogan of humiliating European … Continue ReadingItaly’s Draghi accuses ‘dictator’ Erdogan, draws Turkey’s condemnation
Categories Economy HIGHLIGHTS Politics EU-Turkey in blame game over ‘sofagate’ after von der Leyen left standing Güldem AtabayPosted on8 April, 2021 Turkey and Europe are buying and selling blame over who left the European Fee chief … Continue ReadingEU-Turkey in blame game over ‘sofagate’ after von der Leyen left standing
Categories General Can Turkey Break With the Muslim Brotherhood? Atilla YeşiladaPosted on8 April, 2021 This article is a gateway to understanding whether Turkey can reset relations with Sunni Arab … Continue ReadingCan Turkey Break With the Muslim Brotherhood?
Categories Economy HIGHLIGHTS Erdogan’s central bank overhaul set up slower growth, higher inflation Güldem AtabayPosted on8 April, 2021 Turkish President Erdogan set the stage for higher inflation and slower economic growth when he … Continue ReadingErdogan’s central bank overhaul set up slower growth, higher inflation
Categories Economy General Politics Foreign Affairs: U.S.-Russian Relations Will Only Get Worse Güldem AtabayPosted on8 April, 2021 It is hard to imagine that U.S.-Russian relations could get much worse, but sadly, they … Continue ReadingForeign Affairs: U.S.-Russian Relations Will Only Get Worse
Categories Business Markets Turkey’s e-commerce volume jumped 66% in 2020 Cem CetingucPosted on8 April, 2021 The volume of e-commerce in Turkey jumped 66% year-on-year to 226.2 billion Turkish liras ($32 … Continue ReadingTurkey’s e-commerce volume jumped 66% in 2020
Categories Economy General CEEMEA economic outlook: Some like it hot Cem CetingucPosted on8 April, 2021 The alarming rise in case rates across Europe and what they mean for the 2021 … Continue ReadingCEEMEA economic outlook: Some like it hot
Categories Economy General CORRECTION: Turkey sold 11.7 tons of gold in February due to currency crisis Cem CetingucPosted on8 April, 20218 April, 2021 PATurkey was misled by the confusing text and the fact none of its editors could … Continue ReadingCORRECTION: Turkey sold 11.7 tons of gold in February due to currency crisis
Categories Economy HIGHLIGHTS Turkish economy laid low by Covid-19, Erdogan Atilla YeşiladaPosted on8 April, 2021 Turkish President Tayyip Erdogan set the stage for higher inflation and slower economic growth when … Continue ReadingTurkish economy laid low by Covid-19, Erdogan
Categories General Kim says North Korea facing its ‘worst-ever situation’ Atilla YeşiladaPosted on8 April, 2021 Associated Press KIM TONG-HYUNG Wed, April 7, 2021, 8:14 AM SEOUL, South Korea … Continue ReadingKim says North Korea facing its ‘worst-ever situation’
Categories Economy HIGHLIGHTS Fitch Ratings: Refinancing risks for Turkish banks have increased Güldem AtabayPosted on7 April, 2021 Refinancing risks for Turkish banks have increased following the replacement of Turkey’s central bank (CBRT) … Continue ReadingFitch Ratings: Refinancing risks for Turkish banks have increased