Categories HIGHLIGHTS Politics Journalist Osman Arolat: How long will Simsek and team keep their posts? Atilla YeşiladaPosted on30 August, 2023 When the CBRT Monetary Policy Committee increased the repo rate to 25 percent and signaled … Continue ReadingJournalist Osman Arolat: How long will Simsek and team keep their posts?
Categories HIGHLIGHTS HYPED Erdogan’s hardcore Islamist allies ban fun! Atilla YeşiladaPosted on30 August, 2023 About 20 concerts by major Turkish rock, pop and folk stars, as well as music … Continue ReadingErdogan’s hardcore Islamist allies ban fun!
Categories Business HIGHLIGHTS Erdogan’s hopes of brokering a second grain deal DoA Atilla YeşiladaPosted on30 August, 2023 Turkish President Tayyip Erdogan will visit Russia soon to discuss the collapsed United Nations deal … Continue ReadingErdogan’s hopes of brokering a second grain deal DoA
Categories HIGHLIGHTS Politics Erdogan set to discuss Ukrainian grain deal with Putin in Russia Güldem AtabayPosted on29 August, 2023 Turkish President Erdogan is set to visit Russia to discuss the halted Ukrainian grain-export deal … Continue ReadingErdogan set to discuss Ukrainian grain deal with Putin in Russia
Categories Economy HIGHLIGHTS Economist praises interest rate hike in Turkey, but says “I’m not sure if rest will come” Güldem AtabayPosted on29 August, 2023 Internationally acclaimed economist Daron Acemoglu has said that a hawkish interest rate hike by Central … Continue ReadingEconomist praises interest rate hike in Turkey, but says “I’m not sure if rest will come”
Categories Economy HIGHLIGHTS Politics Turkish court blocks VOA Turkish over licensing issue Güldem AtabayPosted on29 August, 2023 A Turkish court blocked access to the Voice of America’s Turkish service due to a … Continue ReadingTurkish court blocks VOA Turkish over licensing issue
Categories Economy HIGHLIGHTS Turkey’s economic confidence index plummets in August Güldem AtabayPosted on29 August, 2023 The Turkish Statistical Institute (TUIK) released the economic confidence index data for August, revealing a … Continue ReadingTurkey’s economic confidence index plummets in August
Categories General HIGHLIGHTS Congressional Research Service: Turkey (Türkiye): Major Issues and U.S. Relations Atilla YeşiladaPosted on27 August, 2023 This report made pro-government daily Hurriyet’s headline today, with its Athens reporter Yorgo Kirbaki informing … Continue ReadingCongressional Research Service: Turkey (Türkiye): Major Issues and U.S. Relations
Categories HIGHLIGHTS Politics IYI Party chairwoman puts an end to local election alliance hopes Atilla YeşiladaPosted on26 August, 2023 Centre-right opposition İYİ (Good) Party chair Meral Akşener held a rally in the western province … Continue ReadingIYI Party chairwoman puts an end to local election alliance hopes
Categories HYPED Politics HDP names new co-chairs prior to transferring all operations to Green Left Atilla YeşiladaPosted on25 August, 2023 The HDP will change its co-chairs at the congress to be held on Aug. 27 … Continue ReadingHDP names new co-chairs prior to transferring all operations to Green Left
Categories Finance HIGHLIGHTS Markets Why did the TL drop after the Central Bank rate hike? Atilla YeşiladaPosted on25 August, 2023 TL gained 2.5% vs USD in late Friday trading hours, after coming under immense selling … Continue ReadingWhy did the TL drop after the Central Bank rate hike?
Categories Atilla Yeşilada Economy HIGHLIGHTS ANALYSIS: The world shocked by Central Bank rate hike Atilla YeşiladaPosted on25 August, 2023 Central Bank of Turkey’s outsized rate hike shocked experts and market participants at home and … Continue ReadingANALYSIS: The world shocked by Central Bank rate hike
Categories Economy HIGHLIGHTS Guldem Atabay: Turkey’s central bank is now talking: 750 bp rate hike along with further tightening promises Güldem AtabayPosted on24 August, 202324 August, 2023 In today’s Monetary Policy Committee (PPK) meeting, the Central Bank of Turkey (TCMB) implemented a … Continue ReadingGuldem Atabay: Turkey’s central bank is now talking: 750 bp rate hike along with further tightening promises
Categories Business Company & Industry HIGHLIGHTS TEKFEN Holding – Hold: New business plan requires time and patience Atilla YeşiladaPosted on24 August, 2023 Restructuring and new investment plans create optimism, but the current performance says ‘wait-and-see’ Divestitures/new … Continue ReadingTEKFEN Holding – Hold: New business plan requires time and patience
Categories Economy Finance General Monetary policy: Experimenting with dual interest rates Atilla YeşiladaPosted on24 August, 2023 We expect the CBRT interest rate hike to be around 200 basis points. The recent … Continue ReadingMonetary policy: Experimenting with dual interest rates
Categories Economy General HIGHLIGHTS Turkey’s consumer confidence sinks following fresh taxes on consumption Güldem AtabayPosted on23 August, 2023 Accelerating inflation, a depreciating Turkish lira, new taxes on consumption, and the brakes applied to … Continue ReadingTurkey’s consumer confidence sinks following fresh taxes on consumption
Categories Economy Finance HIGHLIGHTS Will the Central Bank be able to catch up with the market? Atilla YeşiladaPosted on22 August, 2023 Expectations are for 250 basis points increase Economists participating in the expectations survey of AA … Continue ReadingWill the Central Bank be able to catch up with the market?
Categories Business HYPED Turkish contractors score $9bn new work, re-appear in Middle East markets Atilla YeşiladaPosted on22 August, 2023 Turkish construction firms undertook around $8.93 billion (around TL 242 billion) worth of projects abroad … Continue ReadingTurkish contractors score $9bn new work, re-appear in Middle East markets
Categories Economy HYPED Politics Erdoğan pledges to ‘eliminate inflation from daily life’ Atilla YeşiladaPosted on22 August, 2023 President Recep Tayyip Erdoğan has stated that his government is working to restore the purchasing … Continue ReadingErdoğan pledges to ‘eliminate inflation from daily life’
Categories Business Finance HIGHLIGHTS Turks appetite for gold stoked by roaring inflation, sickly currency, low deposit rates Atilla YeşiladaPosted on22 August, 2023 Turks have historically held a lot of gold, both in jewelry and investment form. The … Continue ReadingTurks appetite for gold stoked by roaring inflation, sickly currency, low deposit rates
