Categories Economy HIGHLIGHTS Özlem Derici Şengül Ozlem Derici Sengul: January budget deficit driven by transfers to loss-making SEEs Atilla YeşiladaPosted on16 February, 2023 January budget deficit at 32.2 billion TL … The central government budget, which had a … Continue ReadingOzlem Derici Sengul: January budget deficit driven by transfers to loss-making SEEs
Categories Economy HIGHLIGHTS Politics Prof Esfender Korkmaz: If it postpones the election, there will be no AKP!.. Atilla YeşiladaPosted on16 February, 202316 February, 2023 Who is Esfender Korkmaz? Prof Esfender Korkmaz is one of the most senior active economists … Continue ReadingProf Esfender Korkmaz: If it postpones the election, there will be no AKP!..
Categories Economy Finance HIGHLIGHTS Central bank imposes more restrictions on currency transactions Güldem AtabayPosted on16 February, 202316 February, 2023 As reported by Bloomberg the Turkish central bank has asked local banks to make forward … Continue ReadingCentral bank imposes more restrictions on currency transactions
Categories Business HIGHLIGHTS JP Morgan estimates earthquake damage: The economic implications of the earthquake Atilla YeşiladaPosted on16 February, 2023 The report starts with JP Morgan research team expressing its sorrow and well-wishes to the … Continue ReadingJP Morgan estimates earthquake damage: The economic implications of the earthquake
Categories General HIGHLIGHTS “Türkiye Tek Yürek” collects 115 billion TL for the eqarthquake Cem CetingucPosted on16 February, 2023 “Türkiye Tek Yürek” campaign has collected donations of 115 billion 146 million 528 thousand Turkish … Continue Reading“Türkiye Tek Yürek” collects 115 billion TL for the eqarthquake
Categories HIGHLIGHTS Politics The Guardian: An act of God caused the earthquake in Turkey – murderous corruption caused so many deaths Güldem AtabayPosted on15 February, 2023 Corner-cutting contractors sold buildings as safe that then collapsed. But just as culpable are officials … Continue ReadingThe Guardian: An act of God caused the earthquake in Turkey – murderous corruption caused so many deaths
Categories Economy HIGHLIGHTS Turkish central bank asks banks to set spread on gold as demand surges due to protection efforts from high inflation Güldem AtabayPosted on15 February, 202316 February, 2023 As reported by Bloomberg, the Turkish central bank has asked local banks to set a … Continue ReadingTurkish central bank asks banks to set spread on gold as demand surges due to protection efforts from high inflation
Categories General HIGHLIGHTS HYPED Foreign aid prioritizes setting up field hospitals in Turkey’s quake-hit area Cem CetingucPosted on14 February, 2023 With search and rescue teams leaving Turkey after a week-long intense work to save lives … Continue ReadingForeign aid prioritizes setting up field hospitals in Turkey’s quake-hit area
Categories General HIGHLIGHTS Politics Sinan Ulgen/Carnegie Europe: The Politics of Türkiye’s Earthquake Atilla YeşiladaPosted on14 February, 2023 It has now been a week since the earthquake disaster struck the southeast of Türkiye … Continue ReadingSinan Ulgen/Carnegie Europe: The Politics of Türkiye’s Earthquake
Categories Economy HIGHLIGHTS Politics Turkey earthquake death toll suggests lessons of 1999 were not learned Güldem AtabayPosted on14 February, 2023 In 1999, more than 17,000 people were killed in an earthquake near the Turkish city of Istanbul. … Continue ReadingTurkey earthquake death toll suggests lessons of 1999 were not learned
Categories HIGHLIGHTS Markets Turkey’s regulators focus on “The Dude” and the big sales in the equity market after the quakes Güldem AtabayPosted on14 February, 2023 As reported by Kerim Karakaya/Tugce Ozsoy – Bloomberg, Turkish regulators are seeking more information on … Continue ReadingTurkey’s regulators focus on “The Dude” and the big sales in the equity market after the quakes
Categories HIGHLIGHTS Politics AKP calls for late elections, quake stalls election campaign of Turkey’s splintered opposition Atilla YeşiladaPosted on14 February, 2023 In Turkey, fears grow of Erdogan postponing elections as earthquake toll passes 30,000, wrote Ezgi … Continue ReadingAKP calls for late elections, quake stalls election campaign of Turkey’s splintered opposition
Categories Business HIGHLIGHTS World Bank: Reconstruction to cost “billions of dollars” Atilla YeşiladaPosted on14 February, 2023 Turkish and Syrian reconstruction efforts in the wake of devastating twin earthquakes last week will … Continue ReadingWorld Bank: Reconstruction to cost “billions of dollars”
Categories Economy HIGHLIGHTS ING: Turkey’s 12M rolling current account deficit highest since 2018 Güldem AtabayPosted on13 February, 2023 Breakdown of current account (12M rolling, US$bn) The 12M rolling current account balance showed a … Continue ReadingING: Turkey’s 12M rolling current account deficit highest since 2018
Categories HIGHLIGHTS Politics Tremors Shake Turkish President Erdogan’s Future, Will He Postpone Elections? Atilla YeşiladaPosted on13 February, 202314 February, 2023 Turkish President Recep Tayyip Erdogan’s political future stands bleak for the first time in 20 … Continue ReadingTremors Shake Turkish President Erdogan’s Future, Will He Postpone Elections?
Categories General HIGHLIGHTS Quake woes exacerbated by looting, clashes Atilla YeşiladaPosted on13 February, 2023 Aid workers in Turkey say the security situation is deteriorating, leaving them struggling to help … Continue ReadingQuake woes exacerbated by looting, clashes
Categories Finance Markets Turkey Weighs Extending Stock-Market Closure as Quake Toll Rises Güldem AtabayPosted on13 February, 202313 February, 2023 Turkish officials are considering extending a closure of the Istanbul stock market past Wednesday, after … Continue ReadingTurkey Weighs Extending Stock-Market Closure as Quake Toll Rises
Categories Atilla Yeşilada Business HIGHLIGHTS Turkey’s Earthquake: Making Sense of the Human and Economic Toll Atilla YeşiladaPosted on13 February, 2023 Turkey’s Earthquake: Making Sense of the Human and Economic Toll At the end of … Continue ReadingTurkey’s Earthquake: Making Sense of the Human and Economic Toll
Categories Atilla Yeşilada Business HIGHLIGHTS Earthquake blog II: Turkey-Syria death toll could climb to 50K, damage estimates soar to staggering numbers Atilla YeşiladaPosted on12 February, 2023 This is my second posting from Turkey, where the earthquake is the only topic of … Continue ReadingEarthquake blog II: Turkey-Syria death toll could climb to 50K, damage estimates soar to staggering numbers
Categories Business HIGHLIGHTS BofA and Fitch report first damage estimates from the quake Atilla YeşiladaPosted on10 February, 2023 Bloomberg reported that Turkish President Recep Tayyip Erdogan said the initial state response had been … Continue ReadingBofA and Fitch report first damage estimates from the quake
