Categories Economy Finance HIGHLIGHTS Strategist Tim Ash answers FAQ about Turkish economy & markets Atilla YeşiladaPosted on22 August, 2021 Question – the lira has outperformed other EM currencies in recent months, how do you … Continue ReadingStrategist Tim Ash answers FAQ about Turkish economy & markets
Categories Company & Industry Finance DO & CO (DOCO TI) : Upgrade to Buy: Emerging stronger Cem CetingucPosted on22 August, 2021 Overall business is on an improving trend: We believe DO & CO is on a … Continue ReadingDO & CO (DOCO TI) : Upgrade to Buy: Emerging stronger
Categories Economy HIGHLIGHTS Turkey expects GDP growth in 2021 to soar to 7%…or is it 8% Atilla YeşiladaPosted on22 August, 2021 After posting 1.8% GDP growth amidst the pandemic, officials are upping 2022 growth estimates, while … Continue ReadingTurkey expects GDP growth in 2021 to soar to 7%…or is it 8%
Categories General HYPED NASA Says This Lake Is Like Being on Mars Atilla YeşiladaPosted on21 August, 2021 Turkey is a country of unequaled natural beauty, historical diversity and fascinating pre-historic sites like … Continue ReadingNASA Says This Lake Is Like Being on Mars
Categories General Turkish firm to start manufacturing high-power engines for military vehicles Cem CetingucPosted on20 August, 202120 August, 2021 Turkish engine manufacturing company TUMOSAN will produce engines for military vehicles, Turkish media reported on … Continue ReadingTurkish firm to start manufacturing high-power engines for military vehicles
Categories Company & Industry General Chip shortage forces Toyota Turkey to cease production Cem CetingucPosted on20 August, 202121 August, 2021 As the semiconductor shortage keeps bedeviling the automotive industry, Toyota is pausing production at its … Continue ReadingChip shortage forces Toyota Turkey to cease production
Categories Business Company & Industry EEMEA Refiners: Crack spreads, differentials, valuations Cem CetingucPosted on20 August, 2021 2Q21 results: All three companies reported strong 2Q21 updates, with large oil price related gains … Continue ReadingEEMEA Refiners: Crack spreads, differentials, valuations
Categories Business Economy HIGHLIGHTS Government announces new Covid-19 restrictions, confidence in AKP, economy to decline Atilla YeşiladaPosted on20 August, 202120 August, 2021 The administration will require negative COVID-19 test results and proofs of vaccination … Continue ReadingGovernment announces new Covid-19 restrictions, confidence in AKP, economy to decline
Categories Economy HIGHLIGHTS Turkey’s dismal inflation pressures Güldem AtabayPosted on20 August, 2021 TURKSTAT unveiled two sets of inflation data today. Agricultural Input Price Index for June 2021 … Continue ReadingTurkey’s dismal inflation pressures
Categories General Turkey’s Salt Bae turns into stingy bae in shocking Manhattan kerfuffle Atilla YeşiladaPosted on20 August, 2021 Former-butcher-turned-global-sensation Nusret Gökçe, or “Salt Bae” as the world knows him, has got himself into … Continue ReadingTurkey’s Salt Bae turns into stingy bae in shocking Manhattan kerfuffle
Categories General HIGHLIGHTS Report warns of new disasters as Turkey commemorates 1999 disaster Atilla YeşiladaPosted on20 August, 2021 The victims of the 1999 Marmara earthquake, the most devastating earthquake in the history of … Continue ReadingReport warns of new disasters as Turkey commemorates 1999 disaster
Categories Finance HIGHLIGHTS PA Turkey Video: A discussion on Stablecoins and CBDC Atilla YeşiladaPosted on20 August, 2021 Mr. David Andolfatto (Fed) and Mr. George Selgin (Cato) have shared their thoughts … Continue ReadingPA Turkey Video: A discussion on Stablecoins and CBDC
Categories Economy HIGHLIGHTS Politics Poll: Four possible opposition candidates lead Erdoğan, economic crisis most urgent problem Güldem AtabayPosted on19 August, 2021 The Yöneylem Social Research Center has released the results of its monthly opinion poll for … Continue ReadingPoll: Four possible opposition candidates lead Erdoğan, economic crisis most urgent problem
Categories Economy General HIGHLIGHTS Politics Deutsche Bank Plans $1.2 Billion in Turkey ESG Finance Deals Güldem AtabayPosted on19 August, 2021 Deutsche Bank AG is in talks with a number of Turkish clients to ramp up … Continue ReadingDeutsche Bank Plans $1.2 Billion in Turkey ESG Finance Deals
Categories Business Economy Macro Snapshot: Outstanding External Loans Received by Private Sector, June 2021 Cem CetingucPosted on19 August, 2021 In June, private sectors’ outstanding short term loans decreased by USD0.2bn to USD9.5bn whereas long … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector, June 2021
Categories General Politics US denies refugee deal with Turkey Cem CetingucPosted on19 August, 202119 August, 2021 The United States has denied claims that a refugee deal was signed between Turkish President … Continue ReadingUS denies refugee deal with Turkey
Categories General HYPED Ahval: Turkish volleyball player finds support after homophobic slurs on social media Atilla YeşiladaPosted on19 August, 2021 Turkish Olympic volleyball player Ebrar Karakurt has received the support of teammates and public … Continue ReadingAhval: Turkish volleyball player finds support after homophobic slurs on social media
Categories General Erdogan claims Turkish contacts with UAE have made progress Atilla YeşiladaPosted on19 August, 202120 August, 2021 Turkey and the United Arab Emirates, bitter rivals in the Middle East, have been in … Continue ReadingErdogan claims Turkish contacts with UAE have made progress
Categories Business General Despite declining cases, US and Germany up Turkey travel warning Atilla YeşiladaPosted on19 August, 2021 A Blitzkrieg vaccination campaign helped ease Daily Covid-19 case load below 20K/day in Turkey, but … Continue ReadingDespite declining cases, US and Germany up Turkey travel warning
Categories Economy General Is Turkish economy on the verge of a turning point? Cem CetingucPosted on18 August, 2021 Mustafa Kemal Ataturk liked to say “the villager is the master of the nation”. Two … Continue ReadingIs Turkish economy on the verge of a turning point?