Categories Finance HIGHLIGHTS Barclays: TL doomed to drop in 2022-2023 Atilla YeşiladaPosted on8 November, 2022 “TRY has remained stable recently, but we do not see this as sustainable. We believe … Continue ReadingBarclays: TL doomed to drop in 2022-2023
Categories General Turkey’s EV sales skyrockets as TOGG is ‘on its way’ Cem CetingucPosted on7 November, 20227 November, 2022 Sales of electric vehicles (EVs) in Turkey rose nearly 150% in the period from January … Continue ReadingTurkey’s EV sales skyrockets as TOGG is ‘on its way’
Categories Company & Industry General HIGHLIGHTS Higher education graduation rate rose to 40 percent in Turkey: Report Cem CetingucPosted on7 November, 2022 The higher education graduation rate of young adults in Turkey, which was 9 percent in … Continue ReadingHigher education graduation rate rose to 40 percent in Turkey: Report
Categories Economy HIGHLIGHTS HYPED Employement rise in Antalya as Turkish tourism season continues Cem CetingucPosted on7 November, 20227 November, 2022 A prolonged tourism season this year has given a boost to employment in the industry in the … Continue ReadingEmployement rise in Antalya as Turkish tourism season continues
Categories General AKP, MHP rejects ‘free meals in schools’ motion Cem CetingucPosted on6 November, 20226 November, 2022 Turkey’s ruling AKP and MHP have voted down a parliamentary motion calling for free meals … Continue ReadingAKP, MHP rejects ‘free meals in schools’ motion
Categories General HIGHLIGHTS HYPED Politics Turkey closes Black Sea, puts massive strain on the Russian navy Cem CetingucPosted on6 November, 2022 Russia is no longer able to operate in the western part of the Black Sea, … Continue ReadingTurkey closes Black Sea, puts massive strain on the Russian navy
Categories Economy General HIGHLIGHTS ENAG: Turkey’s inflation is almost 200 percent Cem CetingucPosted on6 November, 20226 November, 2022 Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show … Continue ReadingENAG: Turkey’s inflation is almost 200 percent
Categories HIGHLIGHTS Politics What is main opposition leader Kilicdaroglu doing in London? Atilla YeşiladaPosted on6 November, 2022 Main opposition CHP leader Kemal Kılıçdaroğlu has conducted meetings with financial organizations in London in … Continue ReadingWhat is main opposition leader Kilicdaroglu doing in London?
Categories Economy HIGHLIGHTS IMF Article 4 review urges rate hikes, phasing out of the FX-protected deposit scheme Güldem AtabayPosted on5 November, 2022 Following the Mission’s Turkey visit, the IMF released a press releases including statements of IMF … Continue ReadingIMF Article 4 review urges rate hikes, phasing out of the FX-protected deposit scheme
Categories Business Company & Industry HIGHLIGHTS Turkish banks face tough market in FX loan refinancing Atilla YeşiladaPosted on4 November, 2022 Turkey’s current account deficit (CAD) is expected to hit $60 bn by YE2022, and not … Continue ReadingTurkish banks face tough market in FX loan refinancing
Categories Business HIGHLIGHTS Fatih Ozatay: Nettlesome PPP guarantees should be revised Atilla YeşiladaPosted on4 November, 2022 Within the framework of the public-private partnership (PPP) model, income guarantees, which impose a significant … Continue ReadingFatih Ozatay: Nettlesome PPP guarantees should be revised
Categories General HYPED Emil Avdaliani: Iran Battles Turkish Influence in South Caucasus Atilla YeşiladaPosted on4 November, 2022 Iran is trying to regain its influence in the South Caucasus. In October, it announced … Continue ReadingEmil Avdaliani: Iran Battles Turkish Influence in South Caucasus
Categories Business HIGHLIGHTS Systemic Risk Alert as Turkish Economy Heads for Election Atilla YeşiladaPosted on4 November, 2022 Turkey increasingly has based her growth model on credit expansion since 2016. Yet, Turkey has … Continue ReadingSystemic Risk Alert as Turkish Economy Heads for Election
Categories HIGHLIGHTS HYPED Politics Erdogan: Turkey will finish Black Sea gas pipe construction in November Cem CetingucPosted on4 November, 2022 Turkey will complete the construction of a gas pipeline to connect to the Black Sea gas system in November, Turkish President … Continue ReadingErdogan: Turkey will finish Black Sea gas pipe construction in November
Categories Business Company & Industry General HIGHLIGHTS HYPED BOTAS signs new gas deal with the National Iranian Gas Co. Cem CetingucPosted on4 November, 2022 Turkey’s state-owned energy company, BOTAS Petroleum Pipeline Corporation, has signed a new deal with the … Continue ReadingBOTAS signs new gas deal with the National Iranian Gas Co.
Categories General HIGHLIGHTS Politics Temelkuran: Europe is in a severe democracy crisis Cem CetingucPosted on4 November, 20224 November, 2022 Russia’s war in Ukraine and the economic impact it is having on Europe have underscored … Continue ReadingTemelkuran: Europe is in a severe democracy crisis
Categories Business General HIGHLIGHTS CBRT warns lenders against conducting forex transactions during “off hours” Cem CetingucPosted on4 November, 2022 Turkey’s central bank sent a letter to local lenders on Monday, warning them against conducting … Continue ReadingCBRT warns lenders against conducting forex transactions during “off hours”
Categories General HIGHLIGHTS HYPED Politics Vladimir Putin: Turkish gas hub can easily be implemented Cem CetingucPosted on4 November, 20224 November, 2022 Russian President Vladimir Putin on Monday said a natural gas hub could be set up … Continue ReadingVladimir Putin: Turkish gas hub can easily be implemented
Categories General HIGHLIGHTS HYPED Turkey’s effort to Stop US Brawl Lawsuits rejected by the Supreme Court Cem CetingucPosted on4 November, 2022 The Supreme Court on Monday rejected Turkey’s bid to shut down lawsuits in U.S. courts … Continue ReadingTurkey’s effort to Stop US Brawl Lawsuits rejected by the Supreme Court
Categories Emerging Markets General HYPED Elliott Asset Management: World ‘plunging towards collapse’ as cheap money days ends Atilla YeşiladaPosted on4 November, 2022 The global economy is on the path to hyperinflation and risks societal collapse if soaring … Continue ReadingElliott Asset Management: World ‘plunging towards collapse’ as cheap money days ends
