Categories Business Company & Industry Finance HIGHLIGHTS HSBC: TOASO – BUY Promising outlook in both the short and long term Cem CetingucPosted on10 February, 2022 Entering “double-digit PBT” era. The key message from the FY21 results webcast (held on 4 … Continue ReadingHSBC: TOASO – BUY Promising outlook in both the short and long term
Categories General HIGHLIGHTS Politics Kazakhstan: Where Do Turkey and Turkic States Stand? Cem CetingucPosted on10 February, 2022 Kazakhstan experienced unprecedented developments in January 2022. Economy-driven protests, triggered by the rise of liquefied … Continue ReadingKazakhstan: Where Do Turkey and Turkic States Stand?
Categories Business Company & Industry HIGHLIGHTS Turkey: 72 hours for western media to obtain license Cem CetingucPosted on10 February, 2022 Turkish authorities for radio and telecommunications Rtuk has given 72 hours of time to Euronews, … Continue ReadingTurkey: 72 hours for western media to obtain license
Categories Business General HYPED EDAM: Modernizing the Turkey-EU Customs Union: the Digital Agenda and the Green Deal Atilla YeşiladaPosted on10 February, 2022 The modernization of the Turkey-EU Customs Union has been on the agenda for the past … Continue ReadingEDAM: Modernizing the Turkey-EU Customs Union: the Digital Agenda and the Green Deal
Categories General HIGHLIGHTS Politics Turkish opposition leader urges civil disobedience to boycott high utility bills Atilla YeşiladaPosted on10 February, 2022 Mr Kemal Kilicdaroglu, Turkey’s main opposition leader CHP has urged the nation not to pay … Continue ReadingTurkish opposition leader urges civil disobedience to boycott high utility bills
Categories General HYPED Keith Stephens: Voices of discontent spread in Turkey as energy prices surge Atilla YeşiladaPosted on9 February, 2022 Shopkeepers, city councils and a religious community group spoke out over surging energy bills in … Continue ReadingKeith Stephens: Voices of discontent spread in Turkey as energy prices surge
Categories Economy Finance HIGHLIGHTS Turkey Readies First Global Bond Sale Since Lira Implosion Güldem AtabayPosted on8 February, 2022 Turkey is preparing to return to global bond markets for the first time since the … Continue ReadingTurkey Readies First Global Bond Sale Since Lira Implosion
Categories Economy HIGHLIGHTS Turkey courts investors at London meeting, promises stable Lira with a bizarre “inflation” explanation Güldem AtabayPosted on8 February, 20228 February, 2022 Turkey expects the lira to remain around its current level after suffering a 44% slump … Continue ReadingTurkey courts investors at London meeting, promises stable Lira with a bizarre “inflation” explanation
Categories Business HIGHLIGHTS Moody’s: U.S. rate hikes could hit highly dollarized emerging market banks Atilla YeşiladaPosted on8 February, 2022 Banks in Latin America and emerging Europe are most exposed to dollarization among developing economies, … Continue ReadingMoody’s: U.S. rate hikes could hit highly dollarized emerging market banks
Categories Columnists General HIGHLIGHTS SHOCKER: Turkey is modernizing rapidly (commentary) Atilla YeşiladaPosted on8 February, 2022 I have long wanted to write an article about the brave new Turkey which is … Continue ReadingSHOCKER: Turkey is modernizing rapidly (commentary)
Categories General Turkey is faced with a serious energy crisis Güldem AtabayPosted on7 February, 2022 The recent energy restrictions in Turkey were a result of the government’s energy policies and … Continue ReadingTurkey is faced with a serious energy crisis
Categories Economy HIGHLIGHTS Demonstrations in protest of massive electricity price hikes spread around Turkey Güldem AtabayPosted on7 February, 2022 Thousands of citizens throughout Turkey have been protesting against massive price hikes in electricity. Citizens … Continue ReadingDemonstrations in protest of massive electricity price hikes spread around Turkey
Categories Economy HIGHLIGHTS Politics Turkish parliament speaker claims Erdoğan can legally run for president again Güldem AtabayPosted on7 February, 2022 Turkish Parliament Speaker Mustafa Şentop has argued that it is legitimate for President Recep Tayyip … Continue ReadingTurkish parliament speaker claims Erdoğan can legally run for president again
Categories Business HIGHLIGHTS Turkey’s NG monopoly sucking up Central Bank reserves Atilla YeşiladaPosted on7 February, 2022 Turkey’s hard-strained industrial natural gas users breathed a sigh of relief today, as state-run NG … Continue ReadingTurkey’s NG monopoly sucking up Central Bank reserves
Categories Economy HIGHLIGHTS Politics Turkey Dollar Sales to State Energy Firm Hit Record in January Güldem AtabayPosted on7 February, 2022 The Turkish central bank’s foreign currency sales to state-run energy importer Botas hit a record, … Continue ReadingTurkey Dollar Sales to State Energy Firm Hit Record in January
Categories General HYPED Reuters: Turkey’s ritual corpse washers say faith overcame COVID fears Atilla YeşiladaPosted on7 February, 2022 Eda Elal has prepared corpses for burial in accordance with Islamic rituals nearly half her … Continue ReadingReuters: Turkey’s ritual corpse washers say faith overcame COVID fears
Categories Business General HIGHLIGHTS CN: Fears of a catastrophic run on the banks… Atilla YeşiladaPosted on7 February, 2022 Turks are angry and becoming suddenly poor after years of rising wealth as their country’s … Continue ReadingCN: Fears of a catastrophic run on the banks…
Categories General HYPED Energy shortage freezes city of Isparta to death….literally Atilla YeşiladaPosted on7 February, 2022 Workers were still trying to restore power to some 20,000 households left in the dark … Continue ReadingEnergy shortage freezes city of Isparta to death….literally
Categories Business General Victoria Craig/BBC: Can tourism ease the inflation pressure in Turkey? Atilla YeşiladaPosted on7 February, 2022 A mix of soaring inflation and a currency that’s lost nearly half its value has … Continue ReadingVictoria Craig/BBC: Can tourism ease the inflation pressure in Turkey?
Categories Economy HIGHLIGHTS Markets S&P Global: Turkey’s macroeconomic trajectory remains uncertain, CPI to catapult over 50% Atilla YeşiladaPosted on6 February, 2022 The Turkish lira continues to plummet, inflation in the country has skyrocketed to a 20-year … Continue ReadingS&P Global: Turkey’s macroeconomic trajectory remains uncertain, CPI to catapult over 50%
