Categories HIGHLIGHTS Politics CHP leadership race: Ozgur Ozel or Kilicdaroglu? Atilla YeşiladaPosted on18 September, 2023 The first poll about the leadership race in main opposition party CHP came from pro-AKP … Continue ReadingCHP leadership race: Ozgur Ozel or Kilicdaroglu?
Categories General HYPED AFP: Turkey’s winning women ignite culture wars Atilla YeşiladaPosted on18 September, 2023 Turkey’s confessional divide seems to abate in the last 10 years, in particular among Gen … Continue ReadingAFP: Turkey’s winning women ignite culture wars
Categories Business HIGHLIGHTS Turkey drums up support for alternative to India-Middle East trade corridor Atilla YeşiladaPosted on18 September, 2023 Turkey has been in “intensive negotiations” to find its alternative to the India-Middle East trade … Continue ReadingTurkey drums up support for alternative to India-Middle East trade corridor
Categories Business General HIGHLIGHTS Erdogan asks Musk to open Tesla’s 7th factory in Turkey Atilla YeşiladaPosted on18 September, 202318 September, 2023 President Erdogan will spend the week in New York to attend to the inaugural ceremony … Continue ReadingErdogan asks Musk to open Tesla’s 7th factory in Turkey
Categories Business Company & Industry HYPED Emirates NBD makes strategic investment in Turkish start-up Erguvan Atilla YeşiladaPosted on16 September, 2023 After Erdogan’s crusade to Gulf Arab Nations, hopes of huge loans and FDI flows inundated … Continue ReadingEmirates NBD makes strategic investment in Turkish start-up Erguvan
Categories General HIGHLIGHTS Economist Mustafa Sonmez: Turkey’s central bank mulls giant interest rate hike up to 10% to fight inflation Atilla YeşiladaPosted on16 September, 202316 September, 2023 One of the leadfing economists and Tv personality Mustafa Sonmez reports an inside scoop from … Continue ReadingEconomist Mustafa Sonmez: Turkey’s central bank mulls giant interest rate hike up to 10% to fight inflation
Categories HIGHLIGHTS Politics Whip Ozgur Ozel to challenge Kilicdaroglu in CHP leadership race Atilla YeşiladaPosted on16 September, 2023 A pharmacist turned lawmaker became the first official challenger to the longstanding head of the … Continue ReadingWhip Ozgur Ozel to challenge Kilicdaroglu in CHP leadership race
Categories Finance HIGHLIGHTS Markets Standart Chartered: Substantial rate hikes to continue in Türkiye Atilla YeşiladaPosted on16 September, 2023 We now expect the central bank to hike the policy rate by 500bps at its … Continue ReadingStandart Chartered: Substantial rate hikes to continue in Türkiye
Categories Finance HIGHLIGHTS Markets Barclay’s predicts “modest CB” rate hike, higher dollar/TL Atilla YeşiladaPosted on16 September, 2023 The Central Bank Monetary Policy Committee (PPK) increased its key interest rate by 750 basis … Continue ReadingBarclay’s predicts “modest CB” rate hike, higher dollar/TL
Categories Business Company & Industry HIGHLIGHTS Olcay Aydilek: SAUDIS TAKING CLOSE LOOK AT TURKİSH INVESTMENTS Atilla YeşiladaPosted on16 September, 2023 UAE businesses started negotiations regarding renewable energy investments in Turkey. Delegations from the UAE frequently … Continue ReadingOlcay Aydilek: SAUDIS TAKING CLOSE LOOK AT TURKİSH INVESTMENTS
Categories Business Company & Industry HYPED Bloomberg: Turkish contractor in talks with banks to restructure loans Atilla YeşiladaPosted on16 September, 2023 Turkey’s Yapi Merkezi is in talks with banks to restructure around $1 billion of loans, … Continue ReadingBloomberg: Turkish contractor in talks with banks to restructure loans
Categories Economy HIGHLIGHTS Turkey in talks with China for further nuclear construction Güldem AtabayPosted on15 September, 2023 Energy Minister Alparslan Bayraktar said Turkey is closing in on an agreement with China for construction of a … Continue ReadingTurkey in talks with China for further nuclear construction
Categories Economy HIGHLIGHTS Politics Turkish companies sanctioned by US for “supporting Moscow in its war against Ukraine” Güldem AtabayPosted on15 September, 202315 September, 2023 The sanctioned companies are Margiana Insaat Dis Ticaret, Demirci Bilisim Ticaret Sanayi, Denkar Ship Construction, ID Ship Agency and CTL Limited. … Read More >Turkish companies sanctioned by US for “supporting Moscow in its war against Ukraine”
Categories Economy HIGHLIGHTS Central Bank survey indicates rising year-end inflation and dollar rate expectations in Turkey Güldem AtabayPosted on15 September, 202315 September, 2023 A recent survey conducted by Turkish Central Bank projects a steep rise in year-end inflation … Continue ReadingCentral Bank survey indicates rising year-end inflation and dollar rate expectations in Turkey
Categories Business HIGHLIGHTS Politics Erdoğan angry at India-Middle East-Europe corridor — ‘no corridor without Turkey’ Atilla YeşiladaPosted on14 September, 2023 Turkish President Recep Tayyip Erdoğan has said there can be no trade corridor between the … Continue ReadingErdoğan angry at India-Middle East-Europe corridor — ‘no corridor without Turkey’
Categories Business Finance HYPED Gold Warning from Goldman Sachs to Turkey Atilla YeşiladaPosted on13 September, 2023 According to the balance of payments data published by the Central Bank of the Republic … Continue ReadingGold Warning from Goldman Sachs to Turkey
Categories Finance Markets JP Morgan: Türkiye: Fiscal stimulus suggests faster rate hikes Atilla YeşiladaPosted on13 September, 2023 The macro projections in the medium-term economic programme for 2024-2026 look realistic, and suggest accommodative … Continue ReadingJP Morgan: Türkiye: Fiscal stimulus suggests faster rate hikes
Categories Atilla Yeşilada General HIGHLIGHTS Video Commentary: The Dark Secret in TURKEY’s MTEP Atilla YeşiladaPosted on13 September, 202313 September, 2023 The Dark Secret in TURKEY’s MTEP (Medium Term Economic Program) The annually revised 3-year Medium … Continue ReadingVideo Commentary: The Dark Secret in TURKEY’s MTEP
Categories HIGHLIGHTS Politics Erdogan threatens to withhold Sweden’s NATO membership, again Atilla YeşiladaPosted on13 September, 2023 Turkey has shifted attention to US warplanes from Koran-burning in endless bargaining on Sweden’s NATO … Continue ReadingErdogan threatens to withhold Sweden’s NATO membership, again
Categories Finance HIGHLIGHTS Barclays raises policy rate forecast, warns about TL weakness Atilla YeşiladaPosted on12 September, 2023 British bank Barclays issued a new report where its analysts expect the CBRT policy rate … Continue ReadingBarclays raises policy rate forecast, warns about TL weakness