Categories Business Company & Industry General HIGHLIGHTS Politics Turkish delegation goes to Iraq for oil and security exports Cem CetingucPosted on14 March, 202418 March, 2024 Iraq and Turkey are set to hold a high-level talks in Baghdad on Thursday to discuss co-operation in … Continue ReadingTurkish delegation goes to Iraq for oil and security exports
Categories Emerging Markets General HIGHLIGHTS Turkey ranks 45th in human development: UNDP report Cem CetingucPosted on14 March, 2024 Ankara, 8 September 2022 – Türkiye ranks 45th among 193 countries in this year’s edition of … Continue ReadingTurkey ranks 45th in human development: UNDP report
Categories Business Economy HIGHLIGHTS Markets UK-Turkey talks start for “modernized trade deal” Cem CetingucPosted on14 March, 202414 March, 2024 The UK today launches talks with Turkey on a new, modernised trade deal targeting the … Continue ReadingUK-Turkey talks start for “modernized trade deal”
Categories Economy CBRT pushing all the buttons to curb demand for foreign currency as tightening cycle ended Güldem AtabayPosted on14 March, 2024 In the lead-up to the local elections, despite a new upward surge in inflation, the … Continue ReadingCBRT pushing all the buttons to curb demand for foreign currency as tightening cycle ended
Categories Economy HIGHLIGHTS Fitch: Inflation pressures remain strong, tightening to continue post-election Güldem AtabayPosted on14 March, 2024 Erich Arispe Morales, Senior Director and Turkey Analyst at Fitch Ratings, stated that the first … Continue ReadingFitch: Inflation pressures remain strong, tightening to continue post-election
Categories General HIGHLIGHTS Expert Warns Turkey’s Climate to Resemble Egypt’s Amid Global Warming Cem CetingucPosted on13 March, 2024 A Turkish researcher has said that Türkiye could have the same climate characteristics as Egypt … Continue ReadingExpert Warns Turkey’s Climate to Resemble Egypt’s Amid Global Warming
Categories General HIGHLIGHTS Politics Türkiye pitches 40-kilometer ‘buffer zone’ in Iraq by summer Cem CetingucPosted on13 March, 2024 Türkiye has launched a new phase of its military operations in northern Iraq, targeting the … Continue ReadingTürkiye pitches 40-kilometer ‘buffer zone’ in Iraq by summer
Categories Economy HIGHLIGHTS Persistent inflation in Turkey spurs calls for further interest rate hikes Cem CetingucPosted on13 March, 2024 As inflation is soaring in Türkiye, the central bank’s decision to halt monetary tightening is … Continue ReadingPersistent inflation in Turkey spurs calls for further interest rate hikes
Categories General HIGHLIGHTS Politics Turkey, Iran, and Morocco compete for power in the Sahel Cem CetingucPosted on13 March, 2024 Turkish military equipment and Moroccan and Iranian development and infrastructure projects are tempting for cash-strapped … Continue ReadingTurkey, Iran, and Morocco compete for power in the Sahel
Categories Economy HIGHLIGHTS Turkey’s central bank introduces more steps to slow demand and tighten liquidity as it signalled the end of rate hike cycyle Güldem AtabayPosted on13 March, 2024 The Central Bank (CBRT) announced new reserve requirement steps that will tighten TL liquidity in … Continue ReadingTurkey’s central bank introduces more steps to slow demand and tighten liquidity as it signalled the end of rate hike cycyle
Categories Economy Finance BofA ML Türkiye Focus: 1Q pessimism is likely temporary Atilla YeşiladaPosted on13 March, 2024 The effect of wage increases, acceleration in loans and speculative FX demand was felt clearly … Continue ReadingBofA ML Türkiye Focus: 1Q pessimism is likely temporary
Categories Economy Is Bank Research: Massive improvement in January current account deficit, more to come.. Atilla YeşiladaPosted on12 March, 2024 Current account deficit became 2.6 billion USD in January. Current account posted a deficit of … Continue ReadingIs Bank Research: Massive improvement in January current account deficit, more to come..
Categories Economy General HIGHLIGHTS Title corrected: Simsek promises fiscal rectitude to help CB lower inflation Cem CetingucPosted on12 March, 202412 March, 2024 Türkiye’s finance minister Mehmet Simsek announced on Monday the government’s determination to tighten fiscal policies to support … Continue ReadingTitle corrected: Simsek promises fiscal rectitude to help CB lower inflation
Categories Business Company & Industry HIGHLIGHTS Turkey aims to become world’s ‘biggest’ textile producer Cem CetingucPosted on12 March, 2024 Türkiye’s textile industry told Texhibition Istanbul attendees and Just Style its ultimate aim is to … Continue ReadingTurkey aims to become world’s ‘biggest’ textile producer
Categories General HIGHLIGHTS Turkish Defence Ministry releases annual report Cem CetingucPosted on12 March, 202412 March, 2024 Turkey’s Defence Ministry released its annual report on March 7, detailing activities it carried out … Continue ReadingTurkish Defence Ministry releases annual report
Categories Economy HIGHLIGHTS Turkey’s January CAD shows external funding requirement easing, yet the burden is still on CBRT Güldem AtabayPosted on12 March, 2024 Central bank of Turkey (CBRT) announced Turkey’s current account balance at a deficit of USD … Continue ReadingTurkey’s January CAD shows external funding requirement easing, yet the burden is still on CBRT
Categories Economy Finance HIGHLIGHTS FX market volatility is provisional: Minister Şimşek Cem CetingucPosted on11 March, 2024 The recent volatility in the FX market should be viewed as temporary, Treasury and Finance Minister Mehmet Şimşek has … Continue ReadingFX market volatility is provisional: Minister Şimşek
Categories Atilla Yeşilada HIGHLIGHTS Politics Video—Turkey’s local elections: Can Erdogan recapture three major cities? Atilla YeşiladaPosted on10 March, 2024 Turkey’s municipal elections will be held on 31st of March. At stake are Turkey’s … Continue ReadingVideo—Turkey’s local elections: Can Erdogan recapture three major cities?
Categories Economy General HIGHLIGHTS Politics Russia-Iran to form new economic alliance Cem CetingucPosted on10 March, 2024 The Caucasus is the key link in a rapidly developing “value chain” forged by Russia … Continue ReadingRussia-Iran to form new economic alliance
Categories Economy General HIGHLIGHTS GDP data: Long way to go to rebalance Turkish economy Cem CetingucPosted on10 March, 2024 Turkey’s fourth-quarter GDP data showed that private spending has accelerated despite an increasingly restrictive policy stance … Continue ReadingGDP data: Long way to go to rebalance Turkish economy
