Categories Company & Industry Markets Spain’s BBVA shifts to hyperinflation accounting in Turkey, shares slide Güldem AtabayPosted on30 June, 202230 June, 2022 Shares in BBVA (BBVA.MC) fell on Wednesday, after the Spanish bank said hyperinflation accounting at its Turkish … Continue ReadingSpain’s BBVA shifts to hyperinflation accounting in Turkey, shares slide
Categories Company & Industry HYPED Markets HSBC Global Research: Taking stock of recent regulations on commercial banks Atilla YeşiladaPosted on30 June, 2022 Policy makers respond to TRY depreciation by influencing market rates through regulating bank balance sheets. … Continue ReadingHSBC Global Research: Taking stock of recent regulations on commercial banks
Categories Business General HYPED Nicola Mikovic: Turkey returns to the Balkans at EU’s expense Atilla YeşiladaPosted on30 June, 2022 Last week, European leaders described their decision to award membership candidate status to Ukraine and … Continue ReadingNicola Mikovic: Turkey returns to the Balkans at EU’s expense
Categories Economy HIGHLIGHTS Turkey’s May foreign trade gap hits $10.6B on soaring energy costs Atilla YeşiladaPosted on30 June, 2022 Turkey’s foreign trade deficit in May, official data showed Thursday, was driven by high energy … Continue ReadingTurkey’s May foreign trade gap hits $10.6B on soaring energy costs
Categories Business HYPED For cash-strapped Turks, summer is already canceled Atilla YeşiladaPosted on30 June, 2022 Foreign tourists are once again flocking to Turkey, with some 42 million visitors expected to … Continue ReadingFor cash-strapped Turks, summer is already canceled
Categories Business HYPED Markets JP Morgan downgrades Turkish state banks Atilla YeşiladaPosted on29 June, 2022 Pricing in dilutive capital raise; downgrade to Underweight We update our models for Halkbank … Continue ReadingJP Morgan downgrades Turkish state banks
Categories Economy HIGHLIGHTS Politics Biden administration throws support behind potential F-16 sale to Turkey Güldem AtabayPosted on29 June, 202229 June, 2022 The Biden administration threw its support on Wednesday behind the potential sale of F-16 fighter … Continue ReadingBiden administration throws support behind potential F-16 sale to Turkey
Categories Economy HIGHLIGHTS Politics Biden to Discuss With Erdogan the Sale of F-16 Jets to Turkey Güldem AtabayPosted on29 June, 2022 US President Joe Biden and Turkish President Recep Tayyip Erdogan will discuss the sale of … Continue ReadingBiden to Discuss With Erdogan the Sale of F-16 Jets to Turkey
Categories Economy HIGHLIGHTS Lira Weakens as Corporates Keep Buying Dollars Despite New Rule Güldem AtabayPosted on29 June, 2022 The Turkish currency retreated on Tuesday as companies continued to buy dollars for a second … Continue ReadingLira Weakens as Corporates Keep Buying Dollars Despite New Rule
Categories HIGHLIGHTS Politics Turkey remains among 10 worst countries for working people Güldem AtabayPosted on29 June, 2022 According to the International Trade Union Confederation’s (ITUC) ninth annual Global Rights Index, Turkey is … Continue ReadingTurkey remains among 10 worst countries for working people
Categories Economy HIGHLIGHTS Politics Turkey lifts block on Finnish and Swedish NATO bids Güldem AtabayPosted on29 June, 2022 Turkey has lifted its objection to the NATO membership applications by Finland and Sweden, paving … Continue ReadingTurkey lifts block on Finnish and Swedish NATO bids
Categories Finance HIGHLIGHTS Markets CNBC: Turkish lira whipsaws following new loan ban Atilla YeşiladaPosted on27 June, 2022 Turkey’s new loan ban to companies with an excess of foreign exchange funds is meant … Continue ReadingCNBC: Turkish lira whipsaws following new loan ban
Categories Atilla Yeşilada Business HIGHLIGHTS ANALYSIS: Is Turkey buying stolen Ukraine Grain? Atilla YeşiladaPosted on27 June, 2022 Three weeks ago, Ukrainian authorities accused Turkish buyers accepting stolen grain, a claim denied by … Continue ReadingANALYSIS: Is Turkey buying stolen Ukraine Grain?
Categories Economy HIGHLIGHTS Politics Pro-Turkish gov’t companies win 80 pct of bids with special invitations Güldem AtabayPosted on27 June, 2022 Eleven companies with owners close to Turkey’s Justice and Development Party (AKP) government have won … Continue ReadingPro-Turkish gov’t companies win 80 pct of bids with special invitations
Categories HIGHLIGHTS Politics Tech Commentary: Erdogan Wants To Silence Social Media, He Will Fail Atilla YeşiladaPosted on27 June, 2022 President Erdogan’s alliance (AKP-MHP) introduced a “Disinformation Prevention Act” to parliament, which is so … Continue ReadingCommentary: Erdogan Wants To Silence Social Media, He Will Fail
Categories HIGHLIGHTS Politics Finland, Sweden Set for Top Level Talks on NATO With Turkey Güldem AtabayPosted on27 June, 2022 The leaders of Finland and Sweden are set to meet with Turkish President Recep Tayyip … Continue ReadingFinland, Sweden Set for Top Level Talks on NATO With Turkey
Categories Economy Finance General HIGHLIGHTS Markets Lira Surges, Stocks Fall as Turkey Introduces New Loan Ban Güldem AtabayPosted on27 June, 2022 The Turkish lira headed for its biggest gain this year, extending Friday’s advance after the … Continue ReadingLira Surges, Stocks Fall as Turkey Introduces New Loan Ban
Categories Business HIGHLIGHTS U.S. Treasury’s Adeyemo discussed Russia sanctions implementation in Turkey visit Atilla YeşiladaPosted on26 June, 2022 U.S. Deputy Treasury Secretary Wally Adeyemo traveled to Turkey this week where he discussed Russia’s … Continue ReadingU.S. Treasury’s Adeyemo discussed Russia sanctions implementation in Turkey visit
Categories Business HIGHLIGHTS HYPED VoA: Saudi Prince Visit to Turkey Touted as Reset But Mistrust Remains Atilla YeşiladaPosted on25 June, 2022 Turkish President Recep Tayyip Erdogan welcomed Saudi Arabia Crown Prince Mohammed Bin Salman on Wednesday … Continue ReadingVoA: Saudi Prince Visit to Turkey Touted as Reset But Mistrust Remains
Categories General HYPED Politics Turkey will block NATO enlargement Atilla YeşiladaPosted on25 June, 2022 Turkey seems determined to block Sweden and Finland’s NATO memberships in the alliance’s upcoming summit … Continue ReadingTurkey will block NATO enlargement
