Categories Business Company & Industry HIGHLIGHTS Türkiye’s competition board issues temporary injunction against Meta Cem CetingucPosted on18 March, 2024 Türkiye’s competition board has taken decisive action against tech giant Meta, issuing a temporary injunction over … Continue ReadingTürkiye’s competition board issues temporary injunction against Meta
Categories Economy Finance HIGHLIGHTS Türkiye’s short-term external debt stock declines on January Cem CetingucPosted on18 March, 2024 Türkiye’s short-term external debt stock was recorded at $174.9 billion at the end of January, … Continue ReadingTürkiye’s short-term external debt stock declines on January
Categories Economy General HIGHLIGHTS Politics What will be the fate of Turkish economy as elections approach? Cem CetingucPosted on18 March, 202418 March, 2024 In the run-up to significant local elections this month, Türkiye stands at a critical juncture, … Continue ReadingWhat will be the fate of Turkish economy as elections approach?
Categories Economy General HIGHLIGHTS CBRT tightens monetary policy after rate hikes Cem CetingucPosted on18 March, 2024 Turkey’s central bank is opting for a different monetary tightening method as it grapples with … Continue ReadingCBRT tightens monetary policy after rate hikes
Categories General HIGHLIGHTS Politics Opposition media is warns about deepfake videos in election campaign ads Cem CetingucPosted on18 March, 2024 Turkish President Recep Tayyip Erdogan is leading a battle to regain control of Istanbul in … Continue ReadingOpposition media is warns about deepfake videos in election campaign ads
Categories General HIGHLIGHTS Robert Ellis: Turkey is the Hole in the Western Security Bucket Atilla YeşiladaPosted on18 March, 2024 Faced with the consequences of years of economic mismanagement, the keyword in Turkey now is … Continue ReadingRobert Ellis: Turkey is the Hole in the Western Security Bucket
Categories Atilla Yeşilada Finance HIGHLIGHTS Atilla Yesilada: Will Central Bank of Turkey dare hike rates? Atilla YeşiladaPosted on18 March, 2024 I consider the CBRT MPC to be held on Thursday as one of the most … Continue ReadingAtilla Yesilada: Will Central Bank of Turkey dare hike rates?
Categories Business HIGHLIGHTS Politics Yetkin Report: Potential Türkiye-Iraq agreement: A game-changer in the Middle East Atilla YeşiladaPosted on17 March, 2024 The rapprochement and establishment of strategic political and economic relations between Türkiye and Iraq appear … Continue ReadingYetkin Report: Potential Türkiye-Iraq agreement: A game-changer in the Middle East
Categories Atilla Yeşilada Finance HIGHLIGHTS Fitch raises Turkey’s credit rating, the country is heading for a currency crisis Atilla YeşiladaPosted on16 March, 2024 Fitch rewarded economy czar Mehmet Simsek for orthodox policies. •What is important: The TIMING … Continue ReadingFitch raises Turkey’s credit rating, the country is heading for a currency crisis
Categories Emerging Markets HIGHLIGHTS Emerging Markets miracle no more Atilla YeşiladaPosted on15 March, 2024 Every couple of years or so, global funds re-discover Emerging Markets, concocting narratives of run-away … Continue ReadingEmerging Markets miracle no more
Categories Economy HIGHLIGHTS Turkey’s Central Bank back to square one Güldem AtabayPosted on15 March, 202415 March, 2024 CBRT’s net foreign exchange reserves excluding swaps fell sharply in the week of March 8. … Continue ReadingTurkey’s Central Bank back to square one
Categories Economy General HIGHLIGHTS Knight Frank: Turkey Leads Surge in Ultra-Wealthy Population Cem CetingucPosted on15 March, 2024 Türkiye emerged as the frontrunner in the surge of ultra-rich people worldwide last year, according to … Continue ReadingKnight Frank: Turkey Leads Surge in Ultra-Wealthy Population
Categories Economy HIGHLIGHTS Markets Report: Iran’s Economy Lags Behind Regional Rivals for 50 Years Cem CetingucPosted on15 March, 2024 Iran’s economy has significantly fallen behind its regional competitors over the past half-century, according to … Continue ReadingReport: Iran’s Economy Lags Behind Regional Rivals for 50 Years
Categories Economy General HIGHLIGHTS Fitch analyst states Turkish economic policy pivot ‘more durable’ Cem CetingucPosted on15 March, 202415 March, 2024 Fitch Ratings has “greater confidence” that Türkiye’s current economic policy pivot is “more durable,” a … Continue ReadingFitch analyst states Turkish economic policy pivot ‘more durable’
Categories General HIGHLIGHTS Politics Is Erdogan serious about retirement? Cem CetingucPosted on15 March, 2024 As Recep Tayyip Erdogan once again signals his final election, Turkey is buzzing with questions … Continue ReadingIs Erdogan serious about retirement?
Categories Finance HIGHLIGHTS Markets Cyprus Economy Bank: FX turbulence stopped by CBRT measures; stock market collateral damage Atilla YeşiladaPosted on14 March, 2024 Turkish financial markets ended yesterday with an unpleasant tone. At first you may think that … Continue ReadingCyprus Economy Bank: FX turbulence stopped by CBRT measures; stock market collateral damage
Categories Economy HIGHLIGHTS Foreks CBRT interest rate survey: No rate hike expectations for the March 21 meeting, yet… Güldem AtabayPosted on14 March, 202415 March, 2024 The median expectation for the March meeting of the Central Bank of the Republic of … Continue ReadingForeks CBRT interest rate survey: No rate hike expectations for the March 21 meeting, yet…
Categories Economy HIGHLIGHTS UPDATE (Eurobond issue) Bloomberg: Turkey Discussed Buyback of Near-Term Dollar Bonds Güldem AtabayPosted on14 March, 202414 March, 2024 (Bloomberg) — Turkey is selling its first bonds in euros in almost three years as … Continue ReadingUPDATE (Eurobond issue) Bloomberg: Turkey Discussed Buyback of Near-Term Dollar Bonds
Categories Economy HIGHLIGHTS Minister Şimşek to businessmen: “I am willing to be the bad guy, you will have a hard time” Güldem AtabayPosted on14 March, 202414 March, 2024 Details of Treasury and Finance Minister Mehmet Şimşek’s meetings with the Union of Chambers and … Continue ReadingMinister Şimşek to businessmen: “I am willing to be the bad guy, you will have a hard time”
Categories Company & Industry General HIGHLIGHTS Turkish house sales increase in February Cem CetingucPosted on14 March, 2024 Türkiye’s housing market saw a mixed bag of results in February 2024, according to the … Continue ReadingTurkish house sales increase in February
