Categories Economy HIGHLIGHTS Prof Turalay Kenç: Turkey’s unorthodox monetary policy Atilla YeşiladaPosted on4 March, 2022 Economic history resoundingly shows that monetary stimulus alone to boost economic growth against the backdrop … Continue ReadingProf Turalay Kenç: Turkey’s unorthodox monetary policy
Categories Economy HIGHLIGHTS JP Morgan on Turkey: Broad-based price pressures push inflation above 50% in February Atilla YeşiladaPosted on3 March, 2022 The upside surprise in February CPI data and the presence of strong price pressures encouraged … Continue ReadingJP Morgan on Turkey: Broad-based price pressures push inflation above 50% in February
Categories Business Company & Industry Emerging Markets HIGHLIGHTS MENA faces a crisis as the world’s key wheat producers are at war Cem CetingucPosted on3 March, 2022 The near future looks grim for the countries in the Middle East and North Africa … Continue ReadingMENA faces a crisis as the world’s key wheat producers are at war
Categories Business Company & Industry Economy HIGHLIGHTS Turkey’s manufacturing in February: Slower but steady Cem CetingucPosted on3 March, 20223 March, 2022 Turkey’s factory activity barely grew for a second straight month in February, a survey showed … Continue ReadingTurkey’s manufacturing in February: Slower but steady
Categories Business Economy HIGHLIGHTS Politics Turkish part of Cyprus reels under lira crisis amid stark dependence on Ankara Cem CetingucPosted on3 March, 20223 March, 2022 In the breakaway statelet of northern Cyprus, people are grappling with a perfect economic storm, … Continue ReadingTurkish part of Cyprus reels under lira crisis amid stark dependence on Ankara
Categories General HIGHLIGHTS Politics Israel says outreach to Turkey won’t come at Cyprus’ expense Cem CetingucPosted on3 March, 2022 Any bid by Israel to improve strained ties with Turkey won’t come at the expense … Continue ReadingIsrael says outreach to Turkey won’t come at Cyprus’ expense
Categories Business Company & Industry HIGHLIGHTS Markets Business dropped 50 percent for Turkish brands in Russia Cem CetingucPosted on3 March, 2022 As a result of the Russia-Ukraine war, business in nearly a thousand brands operating in … Continue ReadingBusiness dropped 50 percent for Turkish brands in Russia
Categories General ‘Reinforced Parliamentary regime is not a solution to Turkey’s all problems’ Güldem AtabayPosted on3 March, 2022 After months-long negotiations and efforts, main opposition Republican People’s Party (CHP), İYİ Party, Felicity Party … Continue Reading‘Reinforced Parliamentary regime is not a solution to Turkey’s all problems’
Categories Economy General Politics Turkish government opens olive groves to mining Güldem AtabayPosted on2 March, 2022 The Justice and Development Party (AKP) government on March 1 released a decree in the … Continue ReadingTurkish government opens olive groves to mining
Categories Economy HIGHLIGHTS Politics Turkey wants invasion to end but ‘has no inclination’ to join sanctions against Russia Güldem AtabayPosted on2 March, 2022 Turkey does not intend to join sanctions against Russia over its invasion of Ukraine, Minister … Continue ReadingTurkey wants invasion to end but ‘has no inclination’ to join sanctions against Russia
Categories Business Company & Industry General Markets Ukraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector Cem CetingucPosted on2 March, 20222 March, 2022 After Russia’s declaration of war on Ukraine last week, the effects of the economic sanctions … Continue ReadingUkraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector
Categories Economy HIGHLIGHTS Politics U.S. rallies Turkey, other Syria allies, gauges impact on Russia Güldem AtabayPosted on2 March, 2022 The United States will bring together the envoys of allied nations involved in Syria, Asharq … Continue ReadingU.S. rallies Turkey, other Syria allies, gauges impact on Russia
Categories Business HIGHLIGHTS Turkish worker strikes hit highest level since 1970s as living costs spiral Atilla YeşiladaPosted on1 March, 2022 Strikes in Turkey have reached a level not seen since the 1970s as workers seek … Continue ReadingTurkish worker strikes hit highest level since 1970s as living costs spiral
Categories Economy HIGHLIGHTS Politics Turkey’s opposition alliance leads Erdoğan’s People’s Alliance Güldem AtabayPosted on1 March, 2022 The combined voting rate of four opposition parties exceeds 45 percent, about five points higher … Continue ReadingTurkey’s opposition alliance leads Erdoğan’s People’s Alliance
Categories General HIGHLIGHTS HYPED Putin’s ‘senseless war’ in Ukraine gets slammed by writers across the Globe Cem CetingucPosted on1 March, 2022 More than 1,000 writers from around the world, including Salman Rushdie, Margaret Atwood and Nobel … Continue ReadingPutin’s ‘senseless war’ in Ukraine gets slammed by writers across the Globe
Categories Company & Industry Economy HIGHLIGHTS Macro Snapshot: Foreign Trade Statistics Cem CetingucPosted on1 March, 2022 Foreign trade deficit increased by 234.9% YoY to USD10.3bn in January (Dec.21: USD-6.8bn, Jan.21: USD-3.1bn) … Continue ReadingMacro Snapshot: Foreign Trade Statistics