Categories General HYPED Gravitas: Turkish Lira sinks, investors lose confidence | How has Erdogan’s experiment backfired? Atilla YeşiladaPosted on27 November, 2021 Apple has halted all sales in Turkey as the Lira continues to sink further. … Continue ReadingGravitas: Turkish Lira sinks, investors lose confidence | How has Erdogan’s experiment backfired?
Categories Economy HIGHLIGHTS TUSIAD Chief Economist: Really, a new model as the Turkish lira keeps spiraling? Atilla YeşiladaPosted on27 November, 2021 Turkey is going through a period where the lira has lost approximately 30% of its … Continue ReadingTUSIAD Chief Economist: Really, a new model as the Turkish lira keeps spiraling?
Categories Economy General HIGHLIGHTS Turkish deputy minister expresses determination to continue policy of interest rate cuts Güldem AtabayPosted on26 November, 2021 Turkey is determined to continue a policy of interest rate cuts, and “manipulative attacks” on the … Continue ReadingTurkish deputy minister expresses determination to continue policy of interest rate cuts
Categories General HIGHLIGHTS Politics Istanbul court rules to keep Osman Kavala behind bars Güldem AtabayPosted on26 November, 2021 An Istanbul court on Nov. 26 ruled to keep philanthropist Osman Kavala in prison, after … Continue ReadingIstanbul court rules to keep Osman Kavala behind bars
Categories Business Finance Central Bank Financial Stability Report: Turkish banking sector can manage funding, liquidity risks Atilla YeşiladaPosted on26 November, 2021 Turkey’s banking sector has adequate buffers to manage funding and liquidity risks, the Central Bank … Continue ReadingCentral Bank Financial Stability Report: Turkish banking sector can manage funding, liquidity risks
Categories General HYPED Politics How Erdogan’s dictatorial economics is fuelling Turkey’s inflation, throwing lira off track Atilla YeşiladaPosted on26 November, 2021 Upset over the debilitating economic situation in Turkey, hordes of people took to the streets … Continue ReadingHow Erdogan’s dictatorial economics is fuelling Turkey’s inflation, throwing lira off track
Categories Economy HIGHLIGHTS Erdogan’s mad economic experiment to deliver result in “4-5” months Atilla YeşiladaPosted on26 November, 2021 Despite the ongoing TL collapse, President Erdogan refused to swerve from a mad economic experiment, … Continue ReadingErdogan’s mad economic experiment to deliver result in “4-5” months
Categories Economy Finance HIGHLIGHTS Turkish central bank, banks discuss rates after lira tumble Güldem AtabayPosted on26 November, 2021 Turkey’s central bank governor said he discussed recent interest rate cuts with bankers at a … Continue ReadingTurkish central bank, banks discuss rates after lira tumble
Categories HIGHLIGHTS HYPED Third night of protests in Turkey with heavy police violence Atilla YeşiladaPosted on26 November, 2021 Turkish police have fired tear gas and rubber bullets at thousands of women protesting against … Continue ReadingThird night of protests in Turkey with heavy police violence
Categories Economy General HIGHLIGHTS Turkish tourism income expected to reach $22 B in 2021 Cem CetingucPosted on25 November, 202125 November, 2021 Turkey wants to generate $22 billion from tourism in 2021 by welcoming more than 28 million foreigners, its … Continue ReadingTurkish tourism income expected to reach $22 B in 2021
Categories General HIGHLIGHTS Politics UAE set aside $10 billion fund to invest in Turkey Cem CetingucPosted on25 November, 202125 November, 2021 The United Arab Emirates (UAE) has set aside a $10 billion fund to invest in … Continue ReadingUAE set aside $10 billion fund to invest in Turkey
Categories Business Finance HIGHLIGHTS Turkish Banks: Sensitivity of capital ratios to currency and asset quality Cem CetingucPosted on25 November, 202125 November, 2021 We update our interactive spreadsheet to stress capital positions with Q3 results: The unfavourable outlook … Continue ReadingTurkish Banks: Sensitivity of capital ratios to currency and asset quality
Categories Economy HIGHLIGHTS The price of Turkish Lira’s collapse gets heavy Cem CetingucPosted on25 November, 202125 November, 2021 Istanbul’s sky is as gloomy as the mood in the households and on the streets … Continue ReadingThe price of Turkish Lira’s collapse gets heavy
Categories General HIGHLIGHTS Politics European Parliament approves $170M aid for Syrian refugees in Turkey Cem CetingucPosted on25 November, 202125 November, 2021 The European Parliament on Thursday gave final approval to the financial assistance program for the … Continue ReadingEuropean Parliament approves $170M aid for Syrian refugees in Turkey
Categories Emerging Markets HIGHLIGHTS Survey: More investors turning sour on emerging markets Atilla YeşiladaPosted on25 November, 2021 More than one in four investors feel ‘bearish’ about emerging markets, an HSBC survey showed … Continue ReadingSurvey: More investors turning sour on emerging markets
Categories Economy HIGHLIGHTS JP Morgan: Slower growth but high inflation in 2022–Turkey Atilla YeşiladaPosted on25 November, 2021 Growth momentum remains strong and the risks to our 2021 growth forecast of 8.4% are … Continue ReadingJP Morgan: Slower growth but high inflation in 2022–Turkey
Categories Economy HYPED Turkish 3Q GDP expected to expand rapidly, but… Atilla YeşiladaPosted on25 November, 2021 Turkey’s economy is expected to have expanded 7.5% in the third quarter of the year … Continue ReadingTurkish 3Q GDP expected to expand rapidly, but…
Categories Economy General HIGHLIGHTS Politics Turkish lira rebounds from record low: State banks run to the rescue while hopes for UAE money rise Güldem AtabayPosted on24 November, 2021 Turkey’s lira recovered as much as 7% on Wednesday from a historic slide to record … Continue ReadingTurkish lira rebounds from record low: State banks run to the rescue while hopes for UAE money rise
Categories General HIGHLIGHTS Duvar: Multiple detained in protests calling on Erdoğan gov’t to resign Atilla YeşiladaPosted on24 November, 2021 Several citizens have been detained across Istanbul for holding demonstrations in protest of Erdoğan’s government … Continue ReadingDuvar: Multiple detained in protests calling on Erdoğan gov’t to resign
Categories General Politics Murat Yetkin: What next? Economic Jihad? Return to 90s or 70s? Atilla YeşiladaPosted on24 November, 2021 “There is no Economic War of Independence. They are trying to deceive people who are … Continue ReadingMurat Yetkin: What next? Economic Jihad? Return to 90s or 70s?
