Categories Finance HIGHLIGHTS Turkey Must Hike Rates After Elections. Who Will Get Spanked Bad? Atilla YeşiladaPosted on21 April, 2023 Turkey must hike rates after elections. Who will get spanked bad? Turkish inflation is running … Continue ReadingTurkey Must Hike Rates After Elections. Who Will Get Spanked Bad?
Categories General HIGHLIGHTS Carnegie Europe: The Strategic Consequences of a Kılıçdaroğlu Victory Over Erdoğan Atilla YeşiladaPosted on18 April, 2023 For the first time in twenty years, a change of leadership in Turkey is possible. … Continue ReadingCarnegie Europe: The Strategic Consequences of a Kılıçdaroğlu Victory Over Erdoğan
Categories Economy Finance HIGHLIGHTS IIF Turkey Trip Notes: Kilicdaroglu may win, tough times await the new government Atilla YeşiladaPosted on18 April, 2023 This note summarizes the key takeaways from our meetings with public and private sector institutions … Continue ReadingIIF Turkey Trip Notes: Kilicdaroglu may win, tough times await the new government
Categories Economy HIGHLIGHTS Politics Turkey’s Economy Struggles Ahead of May Elections Cem CetingucPosted on17 April, 2023 As the elections near next month, Erdogan continues to fight inflation while the nation still … Continue ReadingTurkey’s Economy Struggles Ahead of May Elections
Categories Company & Industry General HIGHLIGHTS Turkey’s First Nuclear Plant Faces Earthquake and Environmental Concerns Ahead of Opening Cem CetingucPosted on17 April, 2023 Built by Russia’s state-owned nuclear energy corporation, Turkey’s first-ever nuclear power plant is set to … Continue ReadingTurkey’s First Nuclear Plant Faces Earthquake and Environmental Concerns Ahead of Opening
Categories General HIGHLIGHTS Markets Politics Iraq’s Oil Exports from North Stalled Amid Turkey Negotiations Cem CetingucPosted on17 April, 2023 Oil exports from northern Iraq to the Turkish port of Ceyhan remain at a standstill … Continue ReadingIraq’s Oil Exports from North Stalled Amid Turkey Negotiations
Categories Business HIGHLIGHTS Cetin Unsalan: Turkey’s non-sense parading as export policy Atilla YeşiladaPosted on17 April, 2023 If you take an unplanned approach when talking about the economy and try to see … Continue ReadingCetin Unsalan: Turkey’s non-sense parading as export policy
Categories Economy Finance HIGHLIGHTS Markets 3 Inflation-Addressing Approaches, Varying in Effectiveness Cem CetingucPosted on17 April, 202317 April, 2023 Turkey has long had a hyperinflation problem, but that doesn’t mean that its central bank … Continue Reading3 Inflation-Addressing Approaches, Varying in Effectiveness
Categories Economy HIGHLIGHTS HYPED Politics Could Turkey’s Inflation Crisis Affect Erdogan’s Re-Election Bid? Cem CetingucPosted on17 April, 202317 April, 2023 A month before Turkey goes to the polls on May 14, the country’s inflation crisis … Continue ReadingCould Turkey’s Inflation Crisis Affect Erdogan’s Re-Election Bid?
Categories General HIGHLIGHTS Turkey’s Wealthiest Individuals Ranked in Latest Report Cem CetingucPosted on17 April, 2023 As of April 16, 2023, Ibrahim Erdemoglu was the wealthiest person in Turkey, with an estimated net worth … Continue ReadingTurkey’s Wealthiest Individuals Ranked in Latest Report
Categories Business Finance HIGHLIGHTS ANALYSIS: Business people ask: Which interest rate; which exchange rate? Atilla YeşiladaPosted on17 April, 2023 The spread between the official exchange rate is opening wide vs “the market rate”, as … Continue ReadingANALYSIS: Business people ask: Which interest rate; which exchange rate?
Categories Finance HIGHLIGHTS JP Morgan: TL will crash regardless of election results Atilla YeşiladaPosted on15 April, 2023 Turkish press loves to share exchange rate forecasts by international investment banks. Over the last … Continue ReadingJP Morgan: TL will crash regardless of election results
Categories General HYPED Turkey’s Workers’ Party nominates three trans women for the Parliament Atilla YeşiladaPosted on15 April, 2023 The Workers’ Party of Turkey (TİP) has nominated three trans women to run for parliamentary … Continue ReadingTurkey’s Workers’ Party nominates three trans women for the Parliament
Categories Finance HIGHLIGHTS Prof Hakan Kara: Rate hikes will jeopardize banks’ capital adequacy Atilla YeşiladaPosted on15 April, 2023 Low-interest bonds erode capital adequacy of banks, claimed former research head of Central Bank of … Continue ReadingProf Hakan Kara: Rate hikes will jeopardize banks’ capital adequacy
Categories General HYPED Kurdish support can propel main opposition Nation Alliance to power Atilla YeşiladaPosted on14 April, 2023 “These elections are going to change our lives”. These are the words of several young … Continue ReadingKurdish support can propel main opposition Nation Alliance to power
Categories Economy General HIGHLIGHTS Politics Turkish Voters Losing Faith in Erdogan as Economy Struggles Cem CetingucPosted on14 April, 2023 Selman Deveci, a chef working his shift at a cafe in the Turkish city of … Continue ReadingTurkish Voters Losing Faith in Erdogan as Economy Struggles
Categories Finance General HIGHLIGHTS Turkey’s 2023 Growth Forecast Revised Up to 2.6% by UNCTAD Cem CetingucPosted on14 April, 2023 Central banks’ interest rates hikes will cost developing countries more than $800 billion in ‘foregone … Continue ReadingTurkey’s 2023 Growth Forecast Revised Up to 2.6% by UNCTAD
Categories Economy General HIGHLIGHTS Politics Erdogan: Turkey to Send Message to West in May Elections Cem CetingucPosted on14 April, 2023 President Recep Tayyip Erdogan discusses local defence industry, rise of far-right in France, as well … Continue ReadingErdogan: Turkey to Send Message to West in May Elections
Categories General HIGHLIGHTS Politics US Sanctions Turkish Entities for Aiding Russia’s War Effort Cem CetingucPosted on14 April, 2023 The United States imposed sanctions on Wednesday on at least four Turkey-based entities it said … Continue ReadingUS Sanctions Turkish Entities for Aiding Russia’s War Effort
Categories Company & Industry Finance HIGHLIGHTS Turkey Food Retailers: Margin pressure but growth momentum maintained Cem CetingucPosted on14 April, 2023 Short-term pressure: We expect to see higher gross and EBITDA margin pressure for all food … Continue ReadingTurkey Food Retailers: Margin pressure but growth momentum maintained
