Categories Company & Industry Finance Fitch Ratings: Turkish banks have enough FC liquidity Cem CetingucPosted on27 September, 2021 Turkey’s seven largest banks have sufficient short-term foreign currency (FC) liquidity to service FC debt during the … Continue ReadingFitch Ratings: Turkish banks have enough FC liquidity
Categories Business HIGHLIGHTS Turkish hotels are on the verge of bankruptcy Cem CetingucPosted on27 September, 2021 Turkish hotels are heavily indebted and need “serious support” paying back their loans as they … Continue ReadingTurkish hotels are on the verge of bankruptcy
Categories General HIGHLIGHTS Politics President Erdogan’s CBS interview: Defiant about acquiring Russian missile defense system Atilla YeşiladaPosted on26 September, 2021 Turkish President Recep Tayyip Erdoğan said in an exclusive interview with CBS News this week … Continue ReadingPresident Erdogan’s CBS interview: Defiant about acquiring Russian missile defense system
Categories General HYPED Ahval News: U.S. House passes amendment, calling for Turkish Grey Wolves to be designated as terrorists Atilla YeşiladaPosted on25 September, 2021 The House of Representatives has passed numerous amendments for the National Defense Authorization Act (NDAA), … Continue ReadingAhval News: U.S. House passes amendment, calling for Turkish Grey Wolves to be designated as terrorists
Categories Economy HIGHLIGHTS Politics Abu Dhabi’s Wealth Funds Weigh Turkey Investments Worth Billions Güldem AtabayPosted on24 September, 2021 Wealth funds in Abu Dhabi are on the prowl in Turkey, scouting for targets for … Continue ReadingAbu Dhabi’s Wealth Funds Weigh Turkey Investments Worth Billions
Categories Finance HIGHLIGHTS HYPED Markets Locals sell $1 Billion after CBRT’s policy rate cut Atilla YeşiladaPosted on24 September, 202124 September, 2021 After the Central Bank’s (MB) interest rate cut, which bankers had difficulty explaining for economic … Continue ReadingLocals sell $1 Billion after CBRT’s policy rate cut
Categories Economy HIGHLIGHTS September: Capacity utilization rate rises but real sector confidence index weakens Güldem AtabayPosted on24 September, 2021 The manufacturing industry capacity utilization rate (CUR) is announced as 78.1% for September, an increase … Continue ReadingSeptember: Capacity utilization rate rises but real sector confidence index weakens
Categories Politics TRNC rejects formal talks until equal status accepted Cem CetingucPosted on24 September, 202124 September, 2021 The Turkish Republic of Northern Cyprus (TRNC) on Thursday demanded that the leader of the … Continue ReadingTRNC rejects formal talks until equal status accepted
Categories Economy CBRT’s latest rate cut increases risks on inflation Cem CetingucPosted on24 September, 2021 In a rather surprising move, the CBRT cut its 1-week repo rate 100bp to 18.00%. … Continue ReadingCBRT’s latest rate cut increases risks on inflation
Categories Business HYPED Garanti BBVA: New BRSA restrictions put the brakes on consumer loans Atilla YeşiladaPosted on24 September, 2021 Garanti BBVA General Manager Mr Recep Baştuğ stated to Turkish financial broadcaster BloombergHT there was … Continue ReadingGaranti BBVA: New BRSA restrictions put the brakes on consumer loans
Categories Economy HIGHLIGHTS Politics Turkey’s Erdoğan says U.S. is not playing fair with Turkey, relations unhealthy Güldem AtabayPosted on23 September, 2021 Turkish president Recep Tayyip Erdoğan has blamed the United States for not being honest with … Continue ReadingTurkey’s Erdoğan says U.S. is not playing fair with Turkey, relations unhealthy
Categories Economy Finance HIGHLIGHTS Aftermath: Central Bank of Turkey rate cut Atilla YeşiladaPosted on23 September, 2021 Turkish view by Yatirim Finansman Securities: Beware of negative consequences The CBRT stressed that the … Continue ReadingAftermath: Central Bank of Turkey rate cut
Categories Economy Finance Macro Snapshot: Turkey Consumer Confidence Index, September 2021 Cem CetingucPosted on23 September, 2021 In September, CCI decreased by 1.8% MoM to 79.7 (August: 78.2). According to 3-month average … Continue ReadingMacro Snapshot: Turkey Consumer Confidence Index, September 2021
Categories General Politics Reuters: Islamic cleric Ali Erbas moves center stage, triggering secularists in Turkey Cem CetingucPosted on23 September, 2021 When President Tayyip Erdogan opened a new court complex this month, Turkey’s senior cleric sealed … Continue ReadingReuters: Islamic cleric Ali Erbas moves center stage, triggering secularists in Turkey
Categories HIGHLIGHTS Politics Turkey Sends More Troops to Syria Ahead of Key Putin Meeting Güldem AtabayPosted on22 September, 2021 Turkey has sent more troops to northwestern Syria as it prepares for a critical meeting … Continue ReadingTurkey Sends More Troops to Syria Ahead of Key Putin Meeting
Categories Economy HIGHLIGHTS OECD ups 2021 Turkish inflation rate to 17.8 percent and GDP growth to 8.7 percent Güldem AtabayPosted on22 September, 2021 The Organization for Economic Co-operation and Development (OECD) in its year-end report has increased Turkey’s … Continue ReadingOECD ups 2021 Turkish inflation rate to 17.8 percent and GDP growth to 8.7 percent
Categories Emerging Markets Finance HYPED Markets Danske Bank: In case of stagflation, short Emerging Markets Atilla YeşiladaPosted on22 September, 2021 Danske Bank sees about a 30% chance of a stagflation scenario playing out. In case … Continue ReadingDanske Bank: In case of stagflation, short Emerging Markets
Categories HIGHLIGHTS Politics Main opposition leader Kılıçdaroğlu: ‘We will bring peace to this country,’ Güldem AtabayPosted on22 September, 2021 Main opposition Republican People’s Party (CHP) Chair Kemal Kılıçdaroğlu met the families of martyrs and … Continue ReadingMain opposition leader Kılıçdaroğlu: ‘We will bring peace to this country,’
Categories Economy HIGHLIGHTS Politics Turkey remains ‘not free’ in Freedom House 2021 Internet Report Güldem AtabayPosted on22 September, 2021 Freedom House has designated Turkey as “not free” in its annual “ Freedom on the Net” report for 2021, … Continue ReadingTurkey remains ‘not free’ in Freedom House 2021 Internet Report
Categories Economy HIGHLIGHTS Turkey’s consumer confidence improves in September Güldem AtabayPosted on22 September, 2021 Turkish consumer confidence rose in September, partially reversing two months of declines. The increase was … Continue ReadingTurkey’s consumer confidence improves in September
