Categories Economy HIGHLIGHTS Turkey’s Trade Deficit Almost Triples to $8.2 Billion on Energy Güldem AtabayPosted on29 July, 2022 Turkey’s trade deficit in June almost tripled from last year as the cost of energy … Continue ReadingTurkey’s Trade Deficit Almost Triples to $8.2 Billion on Energy
Categories Business HYPED David O’Byrne: Turkey, Russia gas ties grow contentious amid Ukraine war Atilla YeşiladaPosted on29 July, 2022 With Russian gas giant Gazprom this week again slashing its gas exports to Europe and … Continue ReadingDavid O’Byrne: Turkey, Russia gas ties grow contentious amid Ukraine war
Categories Economy HIGHLIGHTS Politics Russia Is Wiring Dollars to Turkey for $20 Billion Nuclear Plant Güldem AtabayPosted on29 July, 2022 A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion … Continue ReadingRussia Is Wiring Dollars to Turkey for $20 Billion Nuclear Plant
Categories Business Company & Industry General HIGHLIGHTS Markets Indigenization rate in defense industry surpasses 70 percent Cem CetingucPosted on29 July, 2022 The indigenization rate in the country’s defense industry has surpassed 70 percent, Defense Industries Presidency (SSB) head İsmail … Continue ReadingIndigenization rate in defense industry surpasses 70 percent
Categories General HIGHLIGHTS HYPED Politics Turkey condems UN for Peacekeeping Force in Cyprus Cem CetingucPosted on29 July, 2022 The Turkish Foreign Ministry has slammed a resolution by the U.N. Security Council on the extension of … Continue ReadingTurkey condems UN for Peacekeeping Force in Cyprus
Categories Business Company & Industry Finance HIGHLIGHTS BofA | TOFAS:Healthy 2Q recovery; reiterate Buy Cem CetingucPosted on29 July, 2022 Increase FY22E-23E EPS on avg by 21%; remain bullish We update our model for Tofas’ … Continue ReadingBofA | TOFAS:Healthy 2Q recovery; reiterate Buy
Categories Business Company & Industry Finance HIGHLIGHTS BIOEN – Turning waste into value (TP: TL13.10/share) Cem CetingucPosted on29 July, 2022 Turning waste into value. Biotrend is a leading player in Municipal solid waste management sector, focusing … Continue ReadingBIOEN – Turning waste into value (TP: TL13.10/share)
Categories General HIGHLIGHTS Politics Aegean tentions rise as Turkey will send letters of complaint to UN Cem CetingucPosted on28 July, 202228 July, 2022 Ankara upped the ante with Athens again on Wednesday, with Foreign Minister Mevlut Cavusoglu employing … Continue ReadingAegean tentions rise as Turkey will send letters of complaint to UN
Categories Business General HIGHLIGHTS Markets Politics Grain corridor control center opened in Istanbul Cem CetingucPosted on28 July, 202228 July, 2022 The Joint Coordination Center that will run a complicated operation for the resumption of grain export … Continue ReadingGrain corridor control center opened in Istanbul
Categories General HIGHLIGHTS HYPED Kamala Harris: Water security is a real global threat Cem CetingucPosted on28 July, 202228 July, 2022 We are all familiar at this point with the assertation that “water is the new … Continue ReadingKamala Harris: Water security is a real global threat
Categories General HIGHLIGHTS Politics Uysal: Turkey-Saudi Arabia relations need to be improved further Cem CetingucPosted on28 July, 2022 After a decade of broken ties, the bilateral relations between Turkey and Saudi Arabia are … Continue ReadingUysal: Turkey-Saudi Arabia relations need to be improved further
Categories General HIGHLIGHTS HYPED Politics ‘Turkey may launch new military operation against YPG if necessary’: Kalın Cem CetingucPosted on27 July, 202227 July, 2022 Turkey may immediately launch a new military operation against the PKK terrorist group’s Syrian branch, … Continue Reading‘Turkey may launch new military operation against YPG if necessary’: Kalın
Categories Business Company & Industry General HIGHLIGHTS Politics Putin pushes Turkey to produce drones for Russia Cem CetingucPosted on27 July, 2022 Russian President Vladimir Putin is reportedly pushing for Ukraine’s drone supplier to produce weapons for the … Continue ReadingPutin pushes Turkey to produce drones for Russia
Categories Economy Emerging Markets Finance HIGHLIGHTS Turkish lira on slow slide in search of FX relief Güldem AtabayPosted on26 July, 2022 The Turkish lira slipped again on Monday, sustaining a slow slide towards 18 against the … Continue ReadingTurkish lira on slow slide in search of FX relief
Categories Economy HIGHLIGHTS Politics Grain drain: Why Turkey can’t afford to ignore Russian grain smuggling from Ukraine Güldem AtabayPosted on26 July, 2022 The world’s attention turned to Turkey last week as it hosted a signing ceremony of … Continue ReadingGrain drain: Why Turkey can’t afford to ignore Russian grain smuggling from Ukraine
Categories Economy HIGHLIGHTS Politics UN Security Council condemns Zakho attack Güldem AtabayPosted on26 July, 2022 The United Nations Security Council has “strongly condemned” the bombardment of a tourist resort in the Zakho … Continue ReadingUN Security Council condemns Zakho attack
Categories General Erdonomics: Perfect recipe for economical disaster Cem CetingucPosted on26 July, 2022 The Turkish president is insisting on cutting interest rates when inflation is rising, causing the … Continue ReadingErdonomics: Perfect recipe for economical disaster
Categories Business Company & Industry HIGHLIGHTS Markets Turkish auto industry is on a mission for market expansion Cem CetingucPosted on26 July, 2022 Turkey’s automotive industry, which makes some 80% of its exports to Europe, is now in … Continue ReadingTurkish auto industry is on a mission for market expansion
Categories Business HIGHLIGHTS Politics Turkey calls all parties to comply Ukraine grain deal Cem CetingucPosted on26 July, 2022 Turkey on Monday called on all parties to keep to their responsibilities under a deal … Continue ReadingTurkey calls all parties to comply Ukraine grain deal
Categories Business General HIGHLIGHTS Politics Turkish, American defense ministers link up to dissect Ukraine war, F-16 deal Cem CetingucPosted on26 July, 202226 July, 2022 Turkish and American defense ministers, Hulusi Akar and Lloyd Austin, discussed the bilateral defense and security matters as … Continue ReadingTurkish, American defense ministers link up to dissect Ukraine war, F-16 deal