Categories Finance HYPED Markets CNBC: Turkey uncertainty leaves little appeal for investors, strategist says Atilla YeşiladaPosted on24 November, 2021 The unpredictability of Turkey’s fiscal and monetary policy means investors should stay away until normality … Continue ReadingCNBC: Turkey uncertainty leaves little appeal for investors, strategist says
Categories General Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on24 November, 2021 In November, manufacturing CUR, RSCI and sectoral confidence (except service sector) indices recorded increases. Seasonally … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories Economy HIGHLIGHTS Politics IDEA report labels Turkey as a ‘hybrid regime’ Güldem AtabayPosted on24 November, 2021 Turkey has turned from a backsliding democracy to a hybrid regime, according to the 2021 report of … Continue ReadingIDEA report labels Turkey as a ‘hybrid regime’
Categories Economy HIGHLIGHTS Politics Opposition leaders slam Erdoğan as Turkish lira loses 10 percent in value in a day Güldem AtabayPosted on24 November, 2021 Speaking at his party’s parliamentary group meeting, main opposition Republican People’s Party (CHP) Chair … Continue ReadingOpposition leaders slam Erdoğan as Turkish lira loses 10 percent in value in a day
Categories General HYPED Turkish cities protest massive currency devaluation Atilla YeşiladaPosted on24 November, 2021 Protests were held in Istanbul and Ankara following the lira’s historic crash. Protesters demanded the … Continue ReadingTurkish cities protest massive currency devaluation
Categories General HIGHLIGHTS What is the world saying about Turkey’s currency blow-up? Atilla YeşiladaPosted on24 November, 2021 Fortune: Turkey’s currency plummeted after Erdogan defied critics and doubled down on his mania for … Continue ReadingWhat is the world saying about Turkey’s currency blow-up?
Categories Economy Finance HIGHLIGHTS Understanding Turkey’s Phenomenal Currency Collapse | Real Turkey Atilla YeşiladaPosted on24 November, 2021 Understanding Turkey’s Phenomenal Currency Collapse Turkish Lira lost more than 40% of … Continue ReadingUnderstanding Turkey’s Phenomenal Currency Collapse | Real Turkey
Categories Economy General HIGHLIGHTS Markets Politics Central bank announcement aids little to TL Güldem AtabayPosted on23 November, 202123 November, 2021 Turkish President Erdogan met with central bank Governor Kavcioglu in the afternoon of the worst … Continue ReadingCentral bank announcement aids little to TL
Categories General HIGHLIGHTS Turkish Lira hits record lows after Erdogan’s rate cut speech Cem CetingucPosted on23 November, 202123 November, 2021 The Turkish lira has hit a record low of 12.79 against the US dollar after … Continue ReadingTurkish Lira hits record lows after Erdogan’s rate cut speech
Categories General Heatlh Minister: No lockdown measures will be imposed in the near future Cem CetingucPosted on23 November, 2021 Turkey’s daily coronavirus cases linger around 25,000, prompting concerns as cases have been rising steadily … Continue ReadingHeatlh Minister: No lockdown measures will be imposed in the near future
Categories General President Erdoğan: No early polls until 2023 Cem CetingucPosted on23 November, 2021 The next presidential and parliamentary polls will be held in June 2023 and there will … Continue ReadingPresident Erdoğan: No early polls until 2023
Categories General ÜNLÜ & Co Top Picks Portfolio: Including Enerjisa to the list Cem CetingucPosted on22 November, 2021 Including Enerjisa to our top picks: Building upon our rating upgrade report (Oct. 8), we are including Enerjisa … Continue ReadingÜNLÜ & Co Top Picks Portfolio: Including Enerjisa to the list
Categories General Sisecam acquires 60% of Ciner Group soda business for $450M Cem CetingucPosted on22 November, 2021 Turkish glassmaker Sisecam said on Saturday it would buy 60% of Ciner Group’s soda business … Continue ReadingSisecam acquires 60% of Ciner Group soda business for $450M
Categories General ‘Netflix series ‘The Club’ cast light on Jewish heritage of Turkey Cem CetingucPosted on22 November, 2021 About midway through the Netflix period drama series The Club, the fictional character Matilda Aseo, … Continue Reading‘Netflix series ‘The Club’ cast light on Jewish heritage of Turkey
Categories General Bitcoin rises in Turkey after President Erdogan’s increasingly authoritarian regime Cem CetingucPosted on22 November, 2021 Bitcoin trading volumes are rising in Turkey as the increasingly authoritarian government there goes diligently … Continue ReadingBitcoin rises in Turkey after President Erdogan’s increasingly authoritarian regime
Categories General Turkish band converts garbage into sound waves Cem CetingucPosted on22 November, 202122 November, 2021 Fungistanbul, a trio that began experimenting with a sound they call “Trash Oriental” in 2019, … Continue ReadingTurkish band converts garbage into sound waves
Categories General Macro Focus | CBRT: Expected cut with delayed announcement Cem CetingucPosted on22 November, 2021 CBRT cut the policy rate by 100bps to 15%, as expected. The announcement was made with … Continue ReadingMacro Focus | CBRT: Expected cut with delayed announcement
Categories Economy HIGHLIGHTS Politics Former ECHR judge: Turkey not releasing Kavala, Demirtaş may trigger expulsion Güldem AtabayPosted on22 November, 2021 The continued imprisonment of Turkish philanthropist Osman Kavala and Kurdish politician Selahattin Demirtaş may result … Continue ReadingFormer ECHR judge: Turkey not releasing Kavala, Demirtaş may trigger expulsion
Categories Economy HIGHLIGHTS Turkey shows emerging markets how not to manage a currency – ex-IMF official Güldem AtabayPosted on22 November, 2021 Turkey is demonstrating to other emerging markets how not to manage a currency, said Desmond … Continue ReadingTurkey shows emerging markets how not to manage a currency – ex-IMF official
Categories Economy HIGHLIGHTS TL weakness pulls down Tukey’s Consumer Confidence Index to all time low Güldem AtabayPosted on22 November, 2021 Seasonally-adjusted consumer confidence index (CCI) in Turkey worsened to 71.1 in November from 76.8 the … Continue ReadingTL weakness pulls down Tukey’s Consumer Confidence Index to all time low