Categories Economy HIGHLIGHTS Politics Turkey to Send “Russian Missile Experts” Home in Signal to Biden Güldem AtabayPosted on31 May, 2021 Turkey said it will send home Russian missile experts overseeing the S-400 air defense technology that … Continue ReadingTurkey to Send “Russian Missile Experts” Home in Signal to Biden
Categories Economy General HIGHLIGHTS New normalization rules with limited hours Güldem AtabayPosted on31 May, 2021 President Erdoğan announced after today’s cabinet meeting that the pandemic gradual normalization process will begin … Continue ReadingNew normalization rules with limited hours
Categories Economy HYPED Gedik Invest revises its 2021 GDP growth forecast to 4.5% from 3.5% Atilla YeşiladaPosted on31 May, 2021 1Q21 GDP growth at 7.0% slightly exceeds market expectations TurkStat announced that 1Q21 GDP … Continue ReadingGedik Invest revises its 2021 GDP growth forecast to 4.5% from 3.5%
Categories Economy HIGHLIGHTS Politics Turkey, Greece to take concrete steps to improve economic ties – minister Güldem AtabayPosted on31 May, 2021 Greece and neighboring Turkey have agreed to gradually normalize their relationship. Greek Foreign Minister Nikos … Continue ReadingTurkey, Greece to take concrete steps to improve economic ties – minister
Categories Economy HIGHLIGHTS Turkey’s inflation to remain flat in May Güldem AtabayPosted on31 May, 2021 The state-run Anadolu news agency poll showed that the average estimate of 14 economists expect … Continue ReadingTurkey’s inflation to remain flat in May
Categories HIGHLIGHTS Politics Turkish Agents Capture Nephew of U.S.-based Cleric Overseas Güldem AtabayPosted on31 May, 2021 Turkish agents have captured a nephew of U.S.-based Muslim cleric Fethullah Gulen in an overseas … Continue ReadingTurkish Agents Capture Nephew of U.S.-based Cleric Overseas
Categories Economy HIGHLIGHTS SAMEKS: Temporary slowdown in May as normalization will commence in June Güldem AtabayPosted on31 May, 2021 In May, the SAMEKS Composite Index, free of seasonal and calendar effects, decreased by 1.4 … Continue ReadingSAMEKS: Temporary slowdown in May as normalization will commence in June
Categories Economy HIGHLIGHTS ING: Turkey’s GDP growth remains robust in 1Q21 Güldem AtabayPosted on31 May, 2021 Robust GDP growth at 7.0% year-on-year is attributable to private consumption, gross fixed capital formation, … Continue ReadingING: Turkey’s GDP growth remains robust in 1Q21
Categories Economy HIGHLIGHTS Turkish Economy Likely Outperformed Most Peers But at a Cost Güldem AtabayPosted on31 May, 2021 Turkey’s economy has continued to grow at a strong pace so far this year, but … Continue ReadingTurkish Economy Likely Outperformed Most Peers But at a Cost
Categories Economy HIGHLIGHTS Turkish GDP to return to form with 6.7% growth in Q1, 5.5% in 2021—Reuters poll Atilla YeşiladaPosted on31 May, 2021 Turkey’s economy should expand by 5.5% this year after 6.7% estimated growth in the first … Continue ReadingTurkish GDP to return to form with 6.7% growth in Q1, 5.5% in 2021—Reuters poll
Categories Economy HIGHLIGHTS Prof Daron Acemoglu: Turkish economy is in crisis Atilla YeşiladaPosted on31 May, 2021 Turkey’s economy is in the middle of a crisis and the situation could worsen because … Continue ReadingProf Daron Acemoglu: Turkish economy is in crisis
Categories Economy HIGHLIGHTS Turkey’s Economic Confidence Index weakens further in April Güldem AtabayPosted on29 May, 2021 Turkey’s Economic Confidence Index which was 93.9 in April decreased by 1.3% in May to … Continue ReadingTurkey’s Economic Confidence Index weakens further in April
Categories Emerging Markets Reuters: Inflation haunting emerging markets Atilla YeşiladaPosted on29 May, 2021 Inflation is a tax on the poor, it is said, which is possibly why central … Continue ReadingReuters: Inflation haunting emerging markets
Categories Economy HIGHLIGHTS Turkey’s April trade deficit down by 33 percent Güldem AtabayPosted on28 May, 2021 Turkey’s trade deficit dropped by an annual 33 percent in April as exports more than … Continue ReadingTurkey’s April trade deficit down by 33 percent
Categories Economy HIGHLIGHTS Turkish lira hits record low on lax monetary policy, foreign currency debt Güldem AtabayPosted on28 May, 2021 Turkey’s lira hit an all-time low against the dollar and euro on Friday on concerns … Continue ReadingTurkish lira hits record low on lax monetary policy, foreign currency debt
Categories Economy General HIGHLIGHTS Turkey Central Bank Replaces Key Executives in Latest Clearout Güldem AtabayPosted on28 May, 2021 Turkey’s central bank has replaced executives at some of its key departments, the latest step … Continue ReadingTurkey Central Bank Replaces Key Executives in Latest Clearout
Categories HIGHLIGHTS Politics Murat Yetkin: Can Erdogan get out of the Mafia mess? Atilla YeşiladaPosted on27 May, 2021 Fugitive mob leader Sedat Peker has released his seventh video full of accusations about Interior … Continue ReadingMurat Yetkin: Can Erdogan get out of the Mafia mess?
Categories General Politics Greek Cyprus kills EU’s positive agenda with Turkey Atilla YeşiladaPosted on27 May, 2021 Nicosia is unhappy with Brussels following a positive EU agenda for Turkey, as President Nicos … Continue ReadingGreek Cyprus kills EU’s positive agenda with Turkey
Categories HIGHLIGHTS Politics Mafia Claims Expose Erdogan’s Political Vulnerability Güldem AtabayPosted on27 May, 2021 President Recep Tayyip Erdogan is facing an uncomfortable truth: his governing party — Turkey’s largest … Continue ReadingMafia Claims Expose Erdogan’s Political Vulnerability
Categories Economy General HIGHLIGHTS Turkey’s poverty threshold more than triple the minimum wage Güldem AtabayPosted on27 May, 2021 The Confederation of Turkish Trade Unions (TURK-IS) announced that the May 2021 “hunger threshold for … Continue ReadingTurkey’s poverty threshold more than triple the minimum wage
