Categories Business General HIGHLIGHTS CHP warns of a food crisis in Turkey Atilla YeşiladaPosted on11 December, 2021 Republican People’s Party (CHP) Niğde MP Ömer Fethi Gürer has announced that the price of … Continue ReadingCHP warns of a food crisis in Turkey
Categories Business General HIGHLIGHTS 2021 was a bad year for Turkish movie theathers as spectator numbers decline drastically Cem CetingucPosted on11 December, 2021 Cinema has been among the sectors most affected by the coronavirus pandemic, and the normalization … Continue Reading2021 was a bad year for Turkish movie theathers as spectator numbers decline drastically
Categories Business Finance HIGHLIGHTS NEW: S&P lowers Turkey outlook to negative, citing ‘rising risks’ Atilla YeşiladaPosted on10 December, 2021 S&P Global Ratings on Friday changed its outlook for Turkey’s credit rating to negative from … Continue ReadingNEW: S&P lowers Turkey outlook to negative, citing ‘rising risks’
Categories General HIGHLIGHTS Politics Opposition leader Kilicdaroglu visits Kurdish family on justice vigil Atilla YeşiladaPosted on10 December, 2021 Kemal Kilicdaroglu, leader of Turkey’s main opposition Republican People’s Party (CHP), visited the justice vigil … Continue ReadingOpposition leader Kilicdaroglu visits Kurdish family on justice vigil
Categories General HIGHLIGHTS Prof Nurettin Akcay: Amid Tensions With Turkey, China Is Putting the Kurdish Issue in Play Atilla YeşiladaPosted on10 December, 2021 China-Turkey relations have been full of ups and downs since 1971. In addition to some … Continue ReadingProf Nurettin Akcay: Amid Tensions With Turkey, China Is Putting the Kurdish Issue in Play
Categories General HIGHLIGHTS Politics Tensions rise in Northern Iraq as three Turkish soldiers killed in PKK terrorist attack Cem CetingucPosted on9 December, 20219 December, 2021 Three Turkish soldiers taking part in the Claw-Thunderbolt counterterrorism operation against PKK terrorists were killed … Continue ReadingTensions rise in Northern Iraq as three Turkish soldiers killed in PKK terrorist attack
Categories Economy General HIGHLIGHTS Markets Currency crisis hits hard in Turkey Cem CetingucPosted on9 December, 2021 Turkey’s deepening currency crisis could mark the definitive end of the country’s economic success story … Continue ReadingCurrency crisis hits hard in Turkey
Categories Business Economy HIGHLIGHTS Apparel exports boom while retailers fight for survival amid Turkey’s economic crisis Cem CetingucPosted on9 December, 2021 The country’s currency, the lira, has lost almost half its value against the dollar so … Continue ReadingApparel exports boom while retailers fight for survival amid Turkey’s economic crisis
Categories Economy General HIGHLIGHTS Politics Turkey Nears Tipping Point: Capital Controls, Use of Reserves Unlikely to Prevent Lira Depreciation Güldem AtabayPosted on9 December, 2021 The government in Ankara has few options available so long as President Recep Tayyip Erdoğan … Continue ReadingTurkey Nears Tipping Point: Capital Controls, Use of Reserves Unlikely to Prevent Lira Depreciation
Categories Economy HIGHLIGHTS Politics The richest 10 percent captures 54 percent of Turkey’s total income Güldem AtabayPosted on8 December, 2021 Founded by economist Thomas Piketty, the Paris-based World Inequality Lab has released its World Inequality Report … Continue ReadingThe richest 10 percent captures 54 percent of Turkey’s total income
Categories Economy HIGHLIGHTS Politics Turkey’s Erdogan to Ignore European Rulings on Kavala, Demirtas Güldem AtabayPosted on8 December, 2021 Turkish President Erdogan vowed to ignore calls by Europe for the release of jailed businessman … Continue ReadingTurkey’s Erdogan to Ignore European Rulings on Kavala, Demirtas
Categories General HIGHLIGHTS ‘The Turkish Gatsby,’ enjoys lavish life in Miami Cem CetingucPosted on8 December, 2021 Facing 130 years in prison, infamous Turkish-Iranian money launderer Reza Zarrab took a plea deal … Continue Reading‘The Turkish Gatsby,’ enjoys lavish life in Miami
Categories Business Company & Industry HIGHLIGHTS Tofas: Reflecting FX spike in revenues; adding conviction to new model opportunity Cem CetingucPosted on8 December, 2021 We raise our TP for Tofas to TRY108.70 (from TRY50.10) and reiterate our Outperform rating. … Continue ReadingTofas: Reflecting FX spike in revenues; adding conviction to new model opportunity
Categories Business Finance HIGHLIGHTS Scope Ratings: 2022 may prove a flash-point year for Turkey Atilla YeşiladaPosted on8 December, 2021 We downgraded Turkey (B/Negative) in late 2020 (with foreign-currency ratings lowered one notch to B). … Continue ReadingScope Ratings: 2022 may prove a flash-point year for Turkey
Categories General HIGHLIGHTS Elif Şafak listed among ‘BBC 100 Women 2021’ Cem CetingucPosted on7 December, 2021 Ahead of the new year, the BBC has unveiled its list of 100 inspiring and … Continue ReadingElif Şafak listed among ‘BBC 100 Women 2021’
Categories Economy HIGHLIGHTS Can China’s economic model really be an example for Turkey? Güldem AtabayPosted on7 December, 2021 As the value of the Turkish Lira plummets, President Recep Tayyip Erdoğan reportedly said at … Continue ReadingCan China’s economic model really be an example for Turkey?
Categories General Politics Marc Pierini: The EU Should Stand Firm on Turkey Atilla YeşiladaPosted on7 December, 2021 Turkey’s clampdown on human rights is well known. It is amply documented through the European … Continue ReadingMarc Pierini: The EU Should Stand Firm on Turkey
Categories Finance Markets BarCap expects the policy rate to be cut by 300bp to 12% over the next two CB meetings Atilla YeşiladaPosted on7 December, 2021 Inflation to peak at over 30%: Marking to marked the most recent move in TRY, … Continue ReadingBarCap expects the policy rate to be cut by 300bp to 12% over the next two CB meetings
Categories Economy HIGHLIGHTS Bloomberg analysis: Erdogan’s economic plan in five charts Güldem AtabayPosted on7 December, 2021 Bloomberg signed analysis point at how Turkey’s President Erdogan is pushing for lower borrowing costs … Continue ReadingBloomberg analysis: Erdogan’s economic plan in five charts
Categories General HIGHLIGHTS Land disputes, climate change pressure Turkish nomads to settle Cem CetingucPosted on7 December, 2021 Woken by the first light of dawn, Mehmet and his family rise to drink sweet … Continue ReadingLand disputes, climate change pressure Turkish nomads to settle
