Categories Economy General HIGHLIGHTS CBRT lifts year-end inflation forecast to 65.2 percent Cem CetingucPosted on31 October, 2022 Turkey’s central bank has lifted its inflation forecast for the end of 2022 to 65.2% … Continue ReadingCBRT lifts year-end inflation forecast to 65.2 percent
Categories Business General HIGHLIGHTS HYPED Politics Turkey to play pivotal role in EU-Russia gas crisis Cem CetingucPosted on31 October, 2022 With Russia curtailing natural gas supplies to Europe, the European Union is scrambling to find … Continue ReadingTurkey to play pivotal role in EU-Russia gas crisis
Categories General HIGHLIGHTS Politics Turkey-Libya energy deal escalates Mediterranean tensions Cem CetingucPosted on31 October, 2022 Turkey’s energy deal with Tripoli this month is ratcheting up the dangers of open conflict … Continue ReadingTurkey-Libya energy deal escalates Mediterranean tensions
Categories General HIGHLIGHTS HYPED Politics Lula defeats Bolsonaro in Brazil’s presidential election Cem CetingucPosted on31 October, 2022 Luiz Inacio Lula da Silva has done it again: Twenty years after first winning the Brazilian presidency, … Continue ReadingLula defeats Bolsonaro in Brazil’s presidential election
Categories HIGHLIGHTS Politics Egypt suspends normalization talks with Ankara Atilla YeşiladaPosted on30 October, 2022 Dialogue between Egypt and Turkey has stopped because the latter showed no signs in changing … Continue ReadingEgypt suspends normalization talks with Ankara
Categories Company & Industry Economy Finance General HIGHLIGHTS Turan: Access to loan gets more difficult on a daily basis Cem CetingucPosted on30 October, 2022 Turkey’s leading TÜSİAD business association chair Orhan Turan has said that access to loan is … Continue ReadingTuran: Access to loan gets more difficult on a daily basis
Categories Economy General HIGHLIGHTS HYPED Turkstat: Economic confidence index advanced by 3 percent in October Cem CetingucPosted on30 October, 202230 October, 2022 The economic confidence index advanced by 3 percent in October from September to 97.1, the Turkish Statistical Institute … Continue ReadingTurkstat: Economic confidence index advanced by 3 percent in October
Categories Economy General HIGHLIGHTS September: Turkish trade deficit surges 268 percent Cem CetingucPosted on30 October, 2022 Turkey’s foreign trade deficit surged 268.1% year-on-year to $9.60 billion in September, with imports climbing … Continue ReadingSeptember: Turkish trade deficit surges 268 percent
Categories Business General HYPED Russia halts Ukraine grain export deal—Reuters Atilla YeşiladaPosted on29 October, 2022 Russia on Saturday suspended participation in a U.N.-brokered Black Sea grain deal after what it … Continue ReadingRussia halts Ukraine grain export deal—Reuters
Categories HYPED Politics Erdogan’s vision statement envisions a homophobic Turkey Atilla YeşiladaPosted on29 October, 2022 Turkey’s President Recep Tayyip Erdogan on Oct. 28 unveiled the “the Century of Turkey vision” … Continue ReadingErdogan’s vision statement envisions a homophobic Turkey
Categories Atilla Yeşilada General HIGHLIGHTS Video Commentary: Turkey’s Intractable Refugee Problem Atilla YeşiladaPosted on29 October, 2022 Turkey’s intractable refugee problem: Turkey had at most 1 mn – 1.5 … Continue ReadingVideo Commentary: Turkey’s Intractable Refugee Problem
Categories Company & Industry General HIGHLIGHTS HYPED Bird outside the cage: Elon Musk takes total control of Twitter Cem CetingucPosted on28 October, 2022 Elon Musk has taken control of Twitter with brutal efficiency, firing top executives immediately but … Continue ReadingBird outside the cage: Elon Musk takes total control of Twitter
Categories General HIGHLIGHTS HYPED Politics President Erdoğan discloses ‘Century of Turkey Vision’ Cem CetingucPosted on28 October, 2022 President Recep Tayyip Erdoğan, who is also the chairman of the ruling Justice and Development … Continue ReadingPresident Erdoğan discloses ‘Century of Turkey Vision’
Categories General HIGHLIGHTS Politics Israeli Minister: Turkey-Israel cooperation is on the horizon Cem CetingucPosted on28 October, 2022 Israeli Defense Minister Benny Gantz has said that his visit to Ankara and talks with Turkish Defense … Continue ReadingIsraeli Minister: Turkey-Israel cooperation is on the horizon
Categories Company & Industry General HIGHLIGHTS Turkish Competition Authority fines Facebook 6.5M dollars Cem CetingucPosted on27 October, 2022 The Turkish Competition Authority has ordered Facebook to pay a total fine of 346 million Turkish Liras ($6.5 … Continue ReadingTurkish Competition Authority fines Facebook 6.5M dollars
Categories Business Company & Industry General HIGHLIGHTS GEM Digital invests 50M dollars on Manc to boost global expansion Cem CetingucPosted on27 October, 202227 October, 2022 The Turkish developer Manc has reported a $50m investment for their Mancium mobile game token. … Continue ReadingGEM Digital invests 50M dollars on Manc to boost global expansion
Categories Company & Industry Finance General HIGHLIGHTS Turkish banks heavily concerned about new monetary rules Cem CetingucPosted on27 October, 202227 October, 2022 Turkish bank executives raised concerns with authorities this week that a year of new rules … Continue ReadingTurkish banks heavily concerned about new monetary rules
Categories Business HIGHLIGHTS Markets TEB Invest banking report: Still solid despite headwinds Atilla YeşiladaPosted on27 October, 2022 Investment thesis Despite a raft of banking sector regulations since our last strategy report, (see: … Continue ReadingTEB Invest banking report: Still solid despite headwinds
Categories General HIGHLIGHTS HYPED Politics Head of Turkish medical association arrested for ‘terror propaganda’ Cem CetingucPosted on27 October, 2022 The head of Turkey’s medical association has been detained for calling for an investigation into … Continue ReadingHead of Turkish medical association arrested for ‘terror propaganda’
Categories Business Company & Industry Economy General HIGHLIGHTS Turkish banks are struggling to attract international investors amid rising debt Cem CetingucPosted on26 October, 2022 Turkish banks are struggling to attract international investors to take on their swelling ranks of … Continue ReadingTurkish banks are struggling to attract international investors amid rising debt
