Categories Economy Finance HIGHLIGHTS Turkey Government Pushing Lenders to Cut Rates on Consumer Loans Güldem AtabayPosted on11 March, 2023 Turkey’s central bank is forcing commercial lenders to lower the interest rates they charge for … Continue ReadingTurkey Government Pushing Lenders to Cut Rates on Consumer Loans
Categories Economy General Turkish industrial production rose 4.5 percent in January Cem CetingucPosted on10 March, 202310 March, 2023 Türkiye’s industrial production in January expanded by 4.5% on a yearly basis, official figures from … Continue ReadingTurkish industrial production rose 4.5 percent in January
Categories General HIGHLIGHTS Water levels of dams in Istanbul alert authorities Cem CetingucPosted on10 March, 2023 With the drought caused by the lack of rainfall aggravating, the water levels of dams in Istanbul have dropped visibly, raising concerns. The … Continue ReadingWater levels of dams in Istanbul alert authorities
Categories General HIGHLIGHTS Politics Turkey, Finland and Sweden agree on further talks on NATO membership Cem CetingucPosted on10 March, 202310 March, 2023 Representatives from Türkiye, Sweden and Finland agreed at a meeting on March 9 to hold more talks on the … Continue ReadingTurkey, Finland and Sweden agree on further talks on NATO membership
Categories General HIGHLIGHTS Politics Analysis: Scenarios for Turkey’s upcoming presidential election Cem CetingucPosted on9 March, 2023 Local political developments can play a tremendous role in the direction of economic and financial … Continue ReadingAnalysis: Scenarios for Turkey’s upcoming presidential election
Categories General HIGHLIGHTS HYPED AFAD to accept container donations for quake zone Cem CetingucPosted on9 March, 20239 March, 2023 In the aftermath of the deadly Feb. 6 quakes, the problem of shelters continues to … Continue ReadingAFAD to accept container donations for quake zone
Categories General HIGHLIGHTS Politics Turkey to condemn EU Parliament’s ‘support of PKK’ Cem CetingucPosted on9 March, 2023 Ankara has “strongly condemned” an anti-Türkiye event held by the leaders and supporters of the PKK/PYD/YPG terrorist … Continue ReadingTurkey to condemn EU Parliament’s ‘support of PKK’
Categories General HIGHLIGHTS Turkey’s earthquake damage will exceed $100 billion: UN Cem CetingucPosted on9 March, 2023 Figure far in excess of World Bank’s $34 billion estimate; 7.8 magnitude quake in Turkish-Syrian … Continue ReadingTurkey’s earthquake damage will exceed $100 billion: UN
Categories HIGHLIGHTS HYPED Politics Erdogan’s ‘polar opposite’ wants to replace him as president of Turkey Cem CetingucPosted on9 March, 20239 March, 2023 Turkey’s opposition on Monday announced Kemal Kilicdaroglu as the presidential candidate to run against two-decade … Continue ReadingErdogan’s ‘polar opposite’ wants to replace him as president of Turkey
Categories Atilla Yeşilada Business HIGHLIGHTS Commentary: Turkey’s Surreal Real Estate Bubble: On Its Last Legs? Atilla YeşiladaPosted on9 March, 2023 Turkey’s Surreal Real Estate Bubble: On Its Last Legs? Japan’s economic miracle … Continue ReadingCommentary: Turkey’s Surreal Real Estate Bubble: On Its Last Legs?
Categories General HIGHLIGHTS HYPED Earthquake Aftermath: Reconstruction of Golcuk offers glimpse into what should be done Cem CetingucPosted on8 March, 20238 March, 2023 As Turkey reels from last month’s devastating earthquakes, the reconstruction of Golcuk could offer glimpse … Continue ReadingEarthquake Aftermath: Reconstruction of Golcuk offers glimpse into what should be done
Categories General HIGHLIGHTS Politics Turkey and Saudi Arabia are ‘on track’ for normalization Cem CetingucPosted on8 March, 2023 After a decade of broken ties, the bilateral relations between Turkey and Saudi Arabia are … Continue ReadingTurkey and Saudi Arabia are ‘on track’ for normalization
Categories General HIGHLIGHTS HYPED Schools in earthquake zones must be relocated: Experts Cem CetingucPosted on8 March, 2023 Around 4,159 schools in Türkiye are located in places with high earthquake risk, of which 191 schools are … Continue ReadingSchools in earthquake zones must be relocated: Experts
Categories HIGHLIGHTS Politics Kılıçdaroğlu beats Erdoğan in election, survey shows Güldem AtabayPosted on7 March, 2023 Main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu is leading against President Recep Tayyip … Continue ReadingKılıçdaroğlu beats Erdoğan in election, survey shows
Categories Economy HIGHLIGHTS UN: Earthquake damage in Turkey set to exceed $100 billion Güldem AtabayPosted on7 March, 2023 The figure is being used as a basis for a donor conference to mobilize funds … Continue ReadingUN: Earthquake damage in Turkey set to exceed $100 billion
Categories Company & Industry General HIGHLIGHTS Turkey to receive $40 billion investment for second nuclear plant Cem CetingucPosted on7 March, 2023 Turkey is set to receive a $40 billion (TL 752.64 billion) investment as the country … Continue ReadingTurkey to receive $40 billion investment for second nuclear plant
Categories HIGHLIGHTS HYPED Politics AKP determined to heal wounds of Hatay Earthquake pre-election Cem CetingucPosted on7 March, 2023 The ruling Justice and Development Party’s (AKP) sole focus during the election campaign will be … Continue ReadingAKP determined to heal wounds of Hatay Earthquake pre-election
Categories General HIGHLIGHTS Politics Turkey, Sweden and Finland to hold trilateral meeting for NATO Cem CetingucPosted on7 March, 20237 March, 2023 Türkiye will hold a trilateral mechanism meeting with Sweden and Finland on March 9 in Brussels to discuss the commitments … Continue ReadingTurkey, Sweden and Finland to hold trilateral meeting for NATO
Categories General HIGHLIGHTS HYPED Only 30 percent of buildings in Istanbul are earthquake resistant Cem CetingucPosted on7 March, 20237 March, 2023 Some 70 percent of buildings in Istanbul are not earthquake resistant, while about 90,000 buildings need to be … Continue ReadingOnly 30 percent of buildings in Istanbul are earthquake resistant
Categories HIGHLIGHTS Politics HDP co-chair Sancar invites Kilicdaroglu to meeting Güldem AtabayPosted on6 March, 2023 After opposition bloc announced its nomination of CHP leader Kilicdaroglu for president, HDP co-chair Sancar … Continue ReadingHDP co-chair Sancar invites Kilicdaroglu to meeting