Categories General HIGHLIGHTS Politics Turkey, Italy, France cooperate on joint air defense system Cem CetingucPosted on25 March, 202225 March, 2022 Turkey, Italy and France will resume trilateral cooperation on defense, Italian Prime Minister Mario Draghi said on March 24, adding … Continue ReadingTurkey, Italy, France cooperate on joint air defense system
Categories Business Company & Industry HIGHLIGHTS Garanti Bank shareholder rejects share price offer Cem CetingucPosted on25 March, 2022 Spanish banking group BBVA’s share price offer to achieve full control of Turkish lender Garanti BBVA, … Continue ReadingGaranti Bank shareholder rejects share price offer
Categories Economy General HIGHLIGHTS CBRT foresees single digit inflation despite concerns Cem CetingucPosted on24 March, 2022 Although some concerns persist, Turkey’s central bank does not expect inertia in inflation and sees … Continue ReadingCBRT foresees single digit inflation despite concerns
Categories General HIGHLIGHTS Politics Parliament passes Turkey’s new election bill Cem CetingucPosted on24 March, 2022 A parliamentary panel on March 24 has approved the amendments to the electoral law, which will be … Continue ReadingParliament passes Turkey’s new election bill
Categories General HIGHLIGHTS Politics Ukraine war: Erdoğan meets world leaders at NATO summit Cem CetingucPosted on24 March, 2022 President Recep Tayyip Erdoğan has held meetings with prominent world leaders, including French and British … Continue ReadingUkraine war: Erdoğan meets world leaders at NATO summit
Categories Economy HIGHLIGHTS Politics FT: Abramovich’s yachts sail into Turkish squall over sanctions Güldem AtabayPosted on24 March, 202224 March, 2022 Arrival of vessels sparks western concern that Ankara will let oligarchs avoid crackdown At a … Continue ReadingFT: Abramovich’s yachts sail into Turkish squall over sanctions
Categories Economy HIGHLIGHTS Amberin Zaman: Will Turkey become haven for sanctioned Russians? Güldem AtabayPosted on23 March, 2022 The docking of two superyachts belonging to a sanctioned Russian-Israeli oligarch at a resort in … Continue ReadingAmberin Zaman: Will Turkey become haven for sanctioned Russians?
Categories Business General HYPED Turkish expert (Reuters): Secondary sanctions are a risk for Turkey Atilla YeşiladaPosted on23 March, 2022 International policy expert Prof. Dr. Mustafa Aydın stated that if the Russia-Ukraine war prolongs, it … Continue ReadingTurkish expert (Reuters): Secondary sanctions are a risk for Turkey
Categories Finance HIGHLIGHTS Markets Andrew Knoll: Turkey’s lira under pressure in the face of inflation, risks Atilla YeşiladaPosted on23 March, 2022 In the face of spiralling inflation and a host of other concerns, both in its … Continue ReadingAndrew Knoll: Turkey’s lira under pressure in the face of inflation, risks
Categories General HIGHLIGHTS HYPED Opposition MP inquires about police officer caught with explosives Cem CetingucPosted on23 March, 2022 Turkey Labor Party (TİP) MP Ahmet Şık has tabled a question in parliament about a … Continue ReadingOpposition MP inquires about police officer caught with explosives
Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Consumer Confidence Index Cem CetingucPosted on23 March, 2022 CCI increased by 1.9% to 72.5 in March (February: 71.2, -2.8% MoM). Despite there was … Continue ReadingMacro Snapshot: Consumer Confidence Index
Categories Business Economy General HIGHLIGHTS As Turkey’s economy reels, speculative traders and well-off insiders see opportunity to profit Cem CetingucPosted on23 March, 2022 As most of the Turkish public saw their savings and purchasing power melt away, 40-year-old … Continue ReadingAs Turkey’s economy reels, speculative traders and well-off insiders see opportunity to profit
Categories Economy General HIGHLIGHTS Politics 70 percent of AKP voters think Turkey’s economy is got worse Cem CetingucPosted on23 March, 2022 A new survey by the Aksoy Research company has found that an overwhelming majority of … Continue Reading70 percent of AKP voters think Turkey’s economy is got worse
Categories General HYPED Politics Can Turkey turn Ukraine shock into an advantage? Atilla YeşiladaPosted on23 March, 2022 Truly, there is an opportunity in every crisis, if policy makers adopt a long-term approach … Continue ReadingCan Turkey turn Ukraine shock into an advantage?
Categories Economy HIGHLIGHTS World Bank: Challenges Weigh on Outlook for Turkish Economy in 2022 Atilla YeşiladaPosted on23 March, 2022 Turkey’s economy is likely to expand at a much slower pace this year as rising … Continue ReadingWorld Bank: Challenges Weigh on Outlook for Turkish Economy in 2022
Categories Business HYPED Tech Turkey Builds A ‘Wonder Bridge’ That Connects Europe To Asia In Mere 6 Minutes Atilla YeşiladaPosted on23 March, 2022 A massive suspension bridge was unveiled in Turkey on March 18 that will shorten the … Continue ReadingTurkey Builds A ‘Wonder Bridge’ That Connects Europe To Asia In Mere 6 Minutes
Categories Business General HYPED Syria’s Assad accused of sanctions-busting Atilla YeşiladaPosted on22 March, 2022 A report in the Guardian on Tuesday says the newspaper has obtained official documents not … Continue ReadingSyria’s Assad accused of sanctions-busting
Categories Economy HIGHLIGHTS Turkey Warns Banks Not to Lend to Firms Trading Liras Offshore Güldem AtabayPosted on22 March, 202222 March, 2022 Turkey’s banking regulator warned lenders not to provide lira liquidity to companies looking to speculate … Continue ReadingTurkey Warns Banks Not to Lend to Firms Trading Liras Offshore
Categories General HIGHLIGHTS Markets Politics Ukraine’s message for EU leaders: Send money now Cem CetingucPosted on22 March, 2022 Ukraine’s businesses have an urgent message for European Union leaders: Send money now. With traditional … Continue ReadingUkraine’s message for EU leaders: Send money now
Categories General HIGHLIGHTS Aging population keep increasing in Turkey Cem CetingucPosted on22 March, 2022 Turkey’s elderly population increased by 24 percent in the last five years, indicating that the aging … Continue ReadingAging population keep increasing in Turkey
