Categories Emerging Markets HIGHLIGHTS Tim Ash: The Big Picture in Emerging Markets Atilla YeşiladaPosted on16 May, 2021 It’s been a while since I put out some generic bigger picture thoughts around EM, … Continue ReadingTim Ash: The Big Picture in Emerging Markets
Categories Economy General HIGHLIGHTS David Rothkopf: The World Braces for the Virus as America Begins to Move On Atilla YeşiladaPosted on16 May, 2021 The Biden administration’s success in battling the COVID epidemic has been a triumph of vision, … Continue ReadingDavid Rothkopf: The World Braces for the Virus as America Begins to Move On
Categories Business Economy HIGHLIGHTS Small business pay heavy price for Covid protection Cem CetingucPosted on15 May, 2021 DUBAI: Staying in business through the COVID-19 pandemic has not been cheap for retailers, hoteliers … Continue ReadingSmall business pay heavy price for Covid protection
Categories Economy Markets China PPI signals higher global inflation Cem CetingucPosted on15 May, 2021 Enda Curran Higher prices for raw materials and supply bottlenecks are boosting producer prices, which … Continue ReadingChina PPI signals higher global inflation
Categories Economy Finance Macro Focus: IP, March 2021: Stronger course than expected in Q1 Cem CetingucPosted on15 May, 2021 In March, IP increased by 0.7% MoM and 16.6% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, March 2021: Stronger course than expected in Q1
Categories Business Company & Industry Karadeniz says to Lebanon: Pay debts or power cuts are on the way Cem CetingucPosted on15 May, 2021 Turkey’s Karadeniz, which supplies electricity to Lebanon from power barges, said on Tuesday Beirut must … Continue ReadingKaradeniz says to Lebanon: Pay debts or power cuts are on the way
Categories General HIGHLIGHTS Jonathan Gorvett: Turkey blows up short-lived Israel reconciliation Atilla YeşiladaPosted on15 May, 2021 While Turkey had already been straining to build better relations with Israel, the recent violence … Continue ReadingJonathan Gorvett: Turkey blows up short-lived Israel reconciliation
Categories General HYPED Turkey: Notorious Mafia Leader Claims Close State Ties Atilla YeşiladaPosted on15 May, 2021 Turkish government officials entered into a war of words with the country’s well-known mafia leader, … Continue ReadingTurkey: Notorious Mafia Leader Claims Close State Ties
Categories Economy Emerging Markets HIGHLIGHTS IIF: Global debt levels decline for the first time in 2-1/2 years (but read the fine print) Atilla YeşiladaPosted on15 May, 2021 (Reuters) – Global debt levels declined for the first time in 2-1/2 years in the … Continue ReadingIIF: Global debt levels decline for the first time in 2-1/2 years (but read the fine print)
Categories Finance HIGHLIGHTS Markets Al Monitor: Turkish lira nears record lows Atilla YeşiladaPosted on13 May, 2021 Turkey’s lira fell to a six-month low on Thursday as risks of tighter U.S. monetary … Continue ReadingAl Monitor: Turkish lira nears record lows
Categories Economy Emerging Markets Slow vaccination could hinder emerging market recovery, warns S&P Atilla YeşiladaPosted on13 May, 2021 The economic recovery in emerging markets (EMs) will remain highly vulnerable to pandemic-related setbacks, given … Continue ReadingSlow vaccination could hinder emerging market recovery, warns S&P
Categories Business Emerging Markets HYPED Spectre of another lost tourism season haunts emerging markets Atilla YeşiladaPosted on13 May, 2021 (Reuters) – Fresh outbreaks of COVID-19 and travel curbs are deterring tourists from flocking back … Continue ReadingSpectre of another lost tourism season haunts emerging markets
Categories General Erdogan tells Putin that Israel needs ‘deterrent lesson,’ report says Atilla YeşiladaPosted on13 May, 2021 Turkey’s president, Tayyip Erdogan, who has repeatedly condemned Israel’s occupation of the West Bank and … Continue ReadingErdogan tells Putin that Israel needs ‘deterrent lesson,’ report says
Categories General Washington Post: A sweeping coronavirus lockdown in Turkey sets off arguments and economic anxiety Atilla YeşiladaPosted on12 May, 2021 Shopkeepers pulled their steel shutters down last week in a warren of tool shops near … Continue ReadingWashington Post: A sweeping coronavirus lockdown in Turkey sets off arguments and economic anxiety
Categories Emerging Markets Finance HIGHLIGHTS US inflation takes toll on EM, Turkish Lira Atilla YeşiladaPosted on12 May, 2021 The U.S. dollar rose off a 2-1/2-month low versus major peers on Wednesday, as some … Continue ReadingUS inflation takes toll on EM, Turkish Lira
Categories Economy HIGHLIGHTS Turkish Tourism Faces Prospect of Another Troubled Year Güldem AtabayPosted on11 May, 2021 A recent drop in coronavirus cases may not be enough to lure tourists back to … Continue ReadingTurkish Tourism Faces Prospect of Another Troubled Year
Categories Economy HIGHLIGHTS Turkey’s current account deficit narrowing yet financing difficulties remain Güldem AtabayPosted on11 May, 2021 The central bank said Turkey’s March current account deficit of USD 3.3 bn declined by … Continue ReadingTurkey’s current account deficit narrowing yet financing difficulties remain
Categories Economy Finance European markets drop sharply after U.S. tech stocks plummet Cem CetingucPosted on11 May, 202111 May, 2021 Elliot Smith, Holly Ellyatt European markets dropped sharply on Tuesday following a sell-off in U.S. … Continue ReadingEuropean markets drop sharply after U.S. tech stocks plummet
Categories Business Economy Turkey’s industrial production increased by 16.6 percent annually Cem CetingucPosted on11 May, 202111 May, 2021 When the subsectors of the industry (based on 2015=100) were examined, mining and quarrying index … Continue ReadingTurkey’s industrial production increased by 16.6 percent annually
Categories Business Economy Retail sales volume increased by 19.2 percent annually Cem CetingucPosted on11 May, 202111 May, 2021 Retail sales volume with constant prices (2015=100) increased by 19.2% in March 2021 compared with … Continue ReadingRetail sales volume increased by 19.2 percent annually