Categories Economy HIGHLIGHTS TURKISH ECONOMY SHORTS: Debt, consumer confidence, Eurobond rally Atilla YeşiladaPosted on31 July, 202331 July, 2023 Stratfor– Turkey Wavers Under the Weight of its Debt Load Turkey’s economy has wavered … Continue ReadingTURKISH ECONOMY SHORTS: Debt, consumer confidence, Eurobond rally
Categories Economy General HIGHLIGHTS Wage hikes instantly eroded by inflation, as poverty set to increase Atilla YeşiladaPosted on31 July, 2023 Turkey’s poverty threshold for a family of four rose to 37,974 liras in July, data … Continue ReadingWage hikes instantly eroded by inflation, as poverty set to increase
Categories Business HYPED WorldOil: Trillion to pursue three oil exploration blocks in Turkey near recent discoveries Atilla YeşiladaPosted on31 July, 2023 Turkish President Erdogan’s claim of a major oil find in South East Turkey was widely … Continue ReadingWorldOil: Trillion to pursue three oil exploration blocks in Turkey near recent discoveries
Categories HYPED Politics İYİ Party leader acknowledges election defeat Atilla YeşiladaPosted on30 July, 2023 İYİ (Good) Party leader Meral Aksener has admitted defeat in the recent election amid ongoing … Continue ReadingİYİ Party leader acknowledges election defeat
Categories Business HIGHLIGHTS Politics Burhanettin Duran: Black Sea grain corridor and China’s interest in Türkiye Atilla YeşiladaPosted on30 July, 2023 Russia’s suspension of the Black Sea grain deal continues to capture the global media’s attention … Continue ReadingBurhanettin Duran: Black Sea grain corridor and China’s interest in Türkiye
Categories Finance HYPED Markets BofA on Turkish telecom sector: Inflation to reaccelerate but sector better prepared – still prefer Turkcell Atilla YeşiladaPosted on30 July, 2023 Only limited negative sector growth despite inflation BofA economists expect Turkish inflation to pick up … Continue ReadingBofA on Turkish telecom sector: Inflation to reaccelerate but sector better prepared – still prefer Turkcell
Categories HIGHLIGHTS Markets Is Yatirim Yapı Kredi bank share analysis: Margins have been under fire, solid non-interest income weathered the storm Atilla YeşiladaPosted on30 July, 2023 Actual vs Estimates YKB posted TL 11.5bn solo net earnings in 2Q23, in line with … Continue ReadingIs Yatirim Yapı Kredi bank share analysis: Margins have been under fire, solid non-interest income weathered the storm
Categories Business Economy HIGHLIGHTS Economy czar Simsek: Rational policies bearing fruit Atilla YeşiladaPosted on30 July, 2023 “We are pleased to see an increase in investors’ interest in Turkish assets,” said Mehmet … Continue ReadingEconomy czar Simsek: Rational policies bearing fruit
Categories Economy HIGHLIGHTS ‘Good news’ from VP Cevdet Yılmaz: ‘No additional tax until the end of the year’ Atilla YeşiladaPosted on30 July, 2023 Vice President Cevdet Yılmaz, arguing that the main factor in tax increases is the earthquake, … Continue Reading‘Good news’ from VP Cevdet Yılmaz: ‘No additional tax until the end of the year’
Categories HIGHLIGHTS Politics Imamoğlu openly challenges Kılıçdaroğlu in fight for CHP leadership Atilla YeşiladaPosted on28 July, 2023 The power struggle in the Turkish opposition’s Republican People’s Party (CHP) officially took off this … Continue ReadingImamoğlu openly challenges Kılıçdaroğlu in fight for CHP leadership
Categories General HYPED Hamzeh Hadad: A golden opportunity: How Iraq can benefit from regional calm Atilla YeşiladaPosted on28 July, 2023 Following the recent thaw in relations between Iran and Saudi Arabia, Iraq is strengthening its … Continue ReadingHamzeh Hadad: A golden opportunity: How Iraq can benefit from regional calm
Categories Business Finance HYPED Erdogan toured Gulf States seeking economic injections for Turkey’s ailing economy. Did he succeed? Atilla YeşiladaPosted on28 July, 2023 Turkish President Recep Tayyip Erdogan, shortly after clinching another five-year term in the recent elections, … Continue ReadingErdogan toured Gulf States seeking economic injections for Turkey’s ailing economy. Did he succeed?
Categories Business HIGHLIGHTS Simsek calls upon EU to launch new Custom Union talks Atilla YeşiladaPosted on28 July, 2023 Turkey’s Minister of Treasury and Finance Mehmet Şimşek stated that he believes that the Customs … Continue ReadingSimsek calls upon EU to launch new Custom Union talks
Categories Economy HIGHLIGHTS Gaye Erkan’s first Inflation Report : Correct diagnosis, but no real remedy for inflation Atilla YeşiladaPosted on28 July, 2023 Erkan, the first female governor of the bank, said inflation will rise “in the short … Continue ReadingGaye Erkan’s first Inflation Report : Correct diagnosis, but no real remedy for inflation
Categories Finance HIGHLIGHTS Tim Ash: Erkan clears out and cleans up the CBRT Atilla YeşiladaPosted on28 July, 2023 I will take my lead from a U.S. investment bank report this morning on recent … Continue ReadingTim Ash: Erkan clears out and cleans up the CBRT
Categories Economy HIGHLIGHTS New inflation forecast by Gedik Invest: 69 percent by year-end Atilla YeşiladaPosted on27 July, 2023 We revise our end-2023 CPI inflation forecast to 69% from 55% In July, we expect … Continue ReadingNew inflation forecast by Gedik Invest: 69 percent by year-end
Categories Business Finance HIGHLIGHTS Central Bank rolls out new measures likely to trigger credit crunch Atilla YeşiladaPosted on26 July, 2023 Central Bank of Turkey on Tuesday unveiled a set of new measures to support monetary … Continue ReadingCentral Bank rolls out new measures likely to trigger credit crunch
Categories Business General HIGHLIGHTS EU makes better relations with Turkey conditional on Cyprus peace Atilla YeşiladaPosted on26 July, 2023 European Union foreign ministers agreed on 20 July Thursday that the bloc should re-engage with … Continue ReadingEU makes better relations with Turkey conditional on Cyprus peace
Categories HIGHLIGHTS Politics Joschka Fischer: EU must do business with Erdogan Atilla YeşiladaPosted on26 July, 2023 Joschka Fischer, Germany’s foreign minister and vice chancellor from 1998 to 2005, (also a leader … Continue ReadingJoschka Fischer: EU must do business with Erdogan
Categories Atilla Yeşilada Economy HIGHLIGHTS Erdogan’s U-turn in economic policy promises hope for Turkey Atilla YeşiladaPosted on25 July, 2023 Columnist Atilla Yesilada explains why Erdogan gave up on his crazy economic ideas, entrusting the … Continue ReadingErdogan’s U-turn in economic policy promises hope for Turkey
