Categories Emerging Markets HYPED Cairo sells island to solve balance of payments bottleneck Atilla YeşiladaPosted on24 February, 2024 Egypt has agreed to a $35bn deal with the United Arab Emirates to develop the … Continue ReadingCairo sells island to solve balance of payments bottleneck
Categories Economy General HIGHLIGHTS TUSIAD chief economist bashes Mehmet Simsek’s economic program Atilla YeşiladaPosted on24 February, 2024 (Mrs) Gizem Öztok Altınsaç, Chief Economist at TÜSİAD, said that the Turkish Central Bank’s inflation … Continue ReadingTUSIAD chief economist bashes Mehmet Simsek’s economic program
Categories Atilla Yeşilada HIGHLIGHTS Markets Video: Turkish stocks are rallying for all the wrong reasons Atilla YeşiladaPosted on24 February, 2024 Turkey’s main stock index rallied 25% year to date in TL terms, leading all major … Continue ReadingVideo: Turkish stocks are rallying for all the wrong reasons
Categories General HIGHLIGHTS Yevgeniya Gaber: Putin’s imperial ambitions could include Turkey Atilla YeşiladaPosted on22 February, 2024 Turkey’s president Erdogan forged a close and personal relationship with Putin, which endured despite major … Continue ReadingYevgeniya Gaber: Putin’s imperial ambitions could include Turkey
Categories Economy HIGHLIGHTS Prof Demiralp: Central Bank keeps policy rate unchanged: Is the rhetoric of monetary tightening ‘when necessary’ realistic? Güldem AtabayPosted on22 February, 2024 The Central Bank kept the policy rate unchanged this time, which was 45 percent in … Continue ReadingProf Demiralp: Central Bank keeps policy rate unchanged: Is the rhetoric of monetary tightening ‘when necessary’ realistic?
Categories Economy General HIGHLIGHTS Consumer confidence index deteriorated in February Cem CetingucPosted on22 February, 202422 February, 2024 Consumer morale in Türkiye deteriorated in February for the first time since August amid declines … Continue ReadingConsumer confidence index deteriorated in February
Categories Economy HIGHLIGHTS Politics Turkey’s local election campaigns contributes to economy Cem CetingucPosted on22 February, 202422 February, 2024 Thousands of candidates vying for posts in the upcoming local elections are expected to contribute a substantial … Continue ReadingTurkey’s local election campaigns contributes to economy
Categories Company & Industry HIGHLIGHTS Markets Hybrid power plants can help unlock Türkiye’s solar potential Cem CetingucPosted on22 February, 2024 Hybrid power plants can help unlock Türkiye’s solar potential Hybrid power plants generate electricity from … Continue ReadingHybrid power plants can help unlock Türkiye’s solar potential
Categories General HIGHLIGHTS Turkey, Greece to join ‘European Sky Shield Initiative’ Cem CetingucPosted on22 February, 2024 Turkey and Greece will join the European Sky Shield Initiative, bringing the total number of … Continue ReadingTurkey, Greece to join ‘European Sky Shield Initiative’
Categories Finance General HIGHLIGHTS ‘The digital TL’ set to be an intermediated CBDS Cem CetingucPosted on22 February, 202422 February, 2024 The digital Turkish lira is set to be an intermediated CBDC with self-sovereign identity and … Continue Reading‘The digital TL’ set to be an intermediated CBDS
Categories Economy HIGHLIGHTS TURKEY: Central Bank keeps rates fixed at 45 percent with a rather dovish tone Güldem AtabayPosted on22 February, 202422 February, 2024 Turkey’s central bank (CBRT) kept the policy rate (the one-week repo auction rate) constant at … Continue ReadingTURKEY: Central Bank keeps rates fixed at 45 percent with a rather dovish tone
Categories General HIGHLIGHTS Mining company VP detained after massive landslide Cem CetingucPosted on21 February, 202421 February, 2024 The boss of a mining company, which runs a gold mine where nine miners are … Continue ReadingMining company VP detained after massive landslide
Categories Company & Industry Economy HIGHLIGHTS Turkey’s total turnover index rise by 69 percent in December Cem CetingucPosted on21 February, 2024 The Turkish Statistical Institute disclosed on Tuesday that Turkey’s total turnover index, encompassing sectors such … Continue ReadingTurkey’s total turnover index rise by 69 percent in December
Categories Business Economy HIGHLIGHTS Turkish foreign direct investments exceed $10 billion in 2023 Atilla YeşiladaPosted on20 February, 202422 February, 2024 Türkiye saw foreign direct investments (FDI) exceed $10 billion (TL 307.23 billion) throughout 2023, a … Continue ReadingTurkish foreign direct investments exceed $10 billion in 2023
Categories General HIGHLIGHTS Politics President Erdoğan announces plans for new constitution Cem CetingucPosted on20 February, 202420 February, 2024 President Recep Tayyip Erdoğan has announced plans to address what he described as a “problem” within the … Continue ReadingPresident Erdoğan announces plans for new constitution
Categories Economy HIGHLIGHTS TEPAV: Why should Turkey’s central bank hike rates this week? Editor P.A.Posted on20 February, 2024 Turkish Economic Policy Research Foundation (TEPAV) issued a note on Turkey’s inflation and monetary policy … Continue ReadingTEPAV: Why should Turkey’s central bank hike rates this week?
Categories Company & Industry HIGHLIGHTS Markets Turkish stock rally accelerates on the back of banks Atilla YeşiladaPosted on19 February, 2024 Borsa Istanbul breaks records led by banking stocks, with the main BIST-100 Index gaining 1.33 … Continue ReadingTurkish stock rally accelerates on the back of banks
Categories HIGHLIGHTS Markets Politics Russia’s ‘most reliable’ energy partner is Turkey: Putin Cem CetingucPosted on19 February, 202419 February, 2024 Russian President Vladimir Putin said that Turkey was their most reliable energy trade partner after … Continue ReadingRussia’s ‘most reliable’ energy partner is Turkey: Putin
Categories General HYPED Tech Greece, Cyprus, France block Bayraktar financing Atilla YeşiladaPosted on18 February, 2024 Greece, Cyprus and France reportedly blocked the financing for the supply of Turkish-made Bayraktar drones … Continue ReadingGreece, Cyprus, France block Bayraktar financing
Categories Business HIGHLIGHTS Private Think-Tank: House prices, rents decline in real terms Atilla YeşiladaPosted on18 February, 2024 While Central Bank of Turkey December data indicates house prices are still increasing at a … Continue ReadingPrivate Think-Tank: House prices, rents decline in real terms
