Categories Economy Finance HIGHLIGHTS Brad W. Setsar: Turkey’s Increasing Balance Sheet Risks Atilla YeşiladaPosted on7 June, 2023 Turkey’s finances were pushed to the breaking point by his efforts to juice the economy—and … Continue ReadingBrad W. Setsar: Turkey’s Increasing Balance Sheet Risks
Categories Finance HIGHLIGHTS TL on the ropes again Atilla YeşiladaPosted on7 June, 2023 Turkey’s lira slid almost 3% to a record low on Wednesday, extending its losses since … Continue ReadingTL on the ropes again
Categories Economy HIGHLIGHTS Turkey’s official inflation slows to 39.6% after Erdoğan’s pledge of free natural gas in May Güldem AtabayPosted on5 June, 2023 Turkish annual inflation fell to 39.59% in May, official data showed on June 5, broadly in line with expectations, … Continue ReadingTurkey’s official inflation slows to 39.6% after Erdoğan’s pledge of free natural gas in May
Categories Business HIGHLIGHTS Will Aramco throw a lifeline to cash-strapped Turkish economy? Atilla YeşiladaPosted on4 June, 2023 Oil giant Saudi Aramco met with around 80 Turkish contractors this week to discuss $50 … Continue ReadingWill Aramco throw a lifeline to cash-strapped Turkish economy?
Categories Economy HIGHLIGHTS Politics First statement from Mehmet Simsek: Turkey needs rational economic policy Atilla YeşiladaPosted on4 June, 2023 President Recep Tayyip Erdoğan, on June 3, named the former economy minister, Şimşek, as the … Continue ReadingFirst statement from Mehmet Simsek: Turkey needs rational economic policy
Categories Business General HIGHLIGHTS Erdogan brings back Mehmet Simsek, replaces all but 2 ministers in the Cabinet Atilla YeşiladaPosted on3 June, 2023 President Tayyip Erdogan signalled on Saturday his newly-elected government would return to more orthodox economic … Continue ReadingErdogan brings back Mehmet Simsek, replaces all but 2 ministers in the Cabinet
Categories General HIGHLIGHTS Politics Tim Ash: Turkey’s New Dawn. Possibly. Atilla YeşiladaPosted on2 June, 2023 Recep Tayyip Erdoğan had confounded opinion pollsters and inflicted a terminal blow to Kemal Kılıçdaroğlu … Continue ReadingTim Ash: Turkey’s New Dawn. Possibly.