Categories Economy General HIGHLIGHTS Politics Erdogan Rids Turkey Interest-Rate Panel of Opponents to Cuts Güldem AtabayPosted on13 October, 202114 October, 2021 Turkish President Recep Tayyip Erdogan fired three members of the central bank’s interest-rate setting committee … Continue ReadingErdogan Rids Turkey Interest-Rate Panel of Opponents to Cuts
Categories Emerging Markets HYPED Markets IMF less optimistic about EM Atilla YeşiladaPosted on13 October, 2021 The global energy shock is rapidly mutating into inflation, adding to pressures created by supply … Continue ReadingIMF less optimistic about EM
Categories HIGHLIGHTS Politics Turkey to probe political assassination claims following opposition’s concerns Güldem AtabayPosted on13 October, 2021 The Ankara Chief Public Prosecutor’s Office on Oct. 13 launched an investigation into the opposition’s … Continue ReadingTurkey to probe political assassination claims following opposition’s concerns
Categories HIGHLIGHTS Politics Alleged leaked documents of foundation close to Erdoğan reveal corruption, ‘favoritism’ Güldem AtabayPosted on13 October, 2021 • A journalist shared documents allegedly leaked from TÜGVA, a foundation of which President Erdoğan’s … Continue ReadingAlleged leaked documents of foundation close to Erdoğan reveal corruption, ‘favoritism’
Categories Economy HIGHLIGHTS Politics Turkey says it will do ‘what is necessary’ after Syria attacks Güldem AtabayPosted on13 October, 2021 Foreign Minister Mevlüt Çavuşoğlu said on Oct. 13 Turkey would “do what is necessary for … Continue ReadingTurkey says it will do ‘what is necessary’ after Syria attacks
Categories Economy HIGHLIGHTS Construction cost rising in double digits as house sales are sluggish Güldem AtabayPosted on13 October, 2021 Higher inflation and weaker TL are taking their toll on Turkey’s construction sector. In Turkey, … Continue ReadingConstruction cost rising in double digits as house sales are sluggish
Categories HIGHLIGHTS Politics MetroPoll: More than half of Turks say Erdoğan’s AKP will lose the next election Güldem AtabayPosted on13 October, 2021 According to a September survey by MetroPoll, a leading Turkish polling firm, 54% of respondents … Continue ReadingMetroPoll: More than half of Turks say Erdoğan’s AKP will lose the next election
Categories Business Company & Industry ARCELIK: New stories, defensive structure, attractive multiples Cem CetingucPosted on13 October, 2021 We initiate coverage for Arçelik (ARCLK TI) with a 12-month target price of TRY44.00 and … Continue ReadingARCELIK: New stories, defensive structure, attractive multiples
Categories Economy HIGHLIGHTS Reuters: TR braced for cold winter Cem CetingucPosted on13 October, 2021 Turkey’s record demand for natural gas this year is forcing it to step up purchases … Continue ReadingReuters: TR braced for cold winter
Categories General Politics CHP’s Kılıçdaroğlu: Turkey is strong, yet not well managed Cem CetingucPosted on13 October, 202113 October, 2021 Turkey is strong, but not well managed, main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu said on Oct. 12, … Continue ReadingCHP’s Kılıçdaroğlu: Turkey is strong, yet not well managed
Categories General Bülent Ersoy: Turkey’s first-ever transgender celebrity Cem CetingucPosted on13 October, 202113 October, 2021 It is a surprising fact that Bülent Ersoy, Turkey’s first-ever transgender celebrity, was at the … Continue ReadingBülent Ersoy: Turkey’s first-ever transgender celebrity
Categories General ISIS Number #2 captured in Turkey Atilla YeşiladaPosted on13 October, 2021 Iraq has captured Sami Jasim al-Jaburi, the alleged finance chief of the Islamic State (ISIS) … Continue ReadingISIS Number #2 captured in Turkey
Categories Company & Industry Economy Turkish retail sales volume increased by 15.0% Cem CetingucPosted on12 October, 2021 Retail sales volume with constant prices (2015=100) increased by 15.0% in August 2021 compared with … Continue ReadingTurkish retail sales volume increased by 15.0%
Categories Company & Industry Economy Total turnover increased by 48.1% on annual basis in Turkey Cem CetingucPosted on12 October, 2021 Total turnover index (2015=100) including industry, construction, trade, and services sectors increased by 48.1% on … Continue ReadingTotal turnover increased by 48.1% on annual basis in Turkey
Categories Company & Industry Economy Turkish industrial production increased by 13.8% annually Cem CetingucPosted on12 October, 2021 When the subsectors of the industry (based on 2015=100) were examined, mining and quarrying index … Continue ReadingTurkish industrial production increased by 13.8% annually
Categories General Turkey fed up with attacks in Northern Syria Cem CetingucPosted on12 October, 2021 Two Turkish special operation police officers were killed and two others wounded in the Operation … Continue ReadingTurkey fed up with attacks in Northern Syria
Categories General Politics Erdoğan announced Turkey now has a Climate Change Ministry Cem CetingucPosted on12 October, 2021 President Recep Tayyip Erdoğan announced late Monday that Turkey now has a ministry focusing on … Continue ReadingErdoğan announced Turkey now has a Climate Change Ministry
Categories General HIGHLIGHTS Markets Turkey Morning Bulletin: Market review, economy & politics Atilla YeşiladaPosted on12 October, 2021 MSCI Turkey outperformed the MSCI EM by 0.6% yesterday. BIST-100 gained 1.3%, closing at the … Continue ReadingTurkey Morning Bulletin: Market review, economy & politics
Categories Economy HIGHLIGHTS Politics Erdoğan seeking Biden meeting at G20 for $6 billion arms deal request Güldem AtabayPosted on11 October, 2021 Turkish President Recep Tayyip Erdoğan wants is looking to use the upcoming G20 summit to … Continue ReadingErdoğan seeking Biden meeting at G20 for $6 billion arms deal request
Categories Economy HIGHLIGHTS Politics Turkey tops global human smuggling, arms trafficking rankings Güldem AtabayPosted on11 October, 2021 Turkey ranked 12th in the Global Organized Crime Index 2021, which was published on September 28 … Continue ReadingTurkey tops global human smuggling, arms trafficking rankings