Categories General HIGHLIGHTS Politics Turkey-Somalia agree on collaboration for oil and gas exploration Cem CetingucPosted on10 March, 2024 Somalia and Turkey have announced the signing of a deal to explore for oil and … Continue ReadingTurkey-Somalia agree on collaboration for oil and gas exploration
Categories General HIGHLIGHTS Minister Yerlikaya: A million foreigners live in Istanbul Cem CetingucPosted on10 March, 202410 March, 2024 After announcing that nearly 1.1 million foreigners live in Turkey’s biggest city, the Interior Ministry … Continue ReadingMinister Yerlikaya: A million foreigners live in Istanbul
Categories Company & Industry HIGHLIGHTS Markets HSBC Turkish aviation report: Still refreshing Atilla YeşiladaPosted on9 March, 2024 Still attractive despite normalisation trends Prospects for the 2024 tourism season are positive; travel agencies … Continue ReadingHSBC Turkish aviation report: Still refreshing
Categories HIGHLIGHTS Politics Survey from Konda will upset AKP candidate Murat Kurum Atilla YeşiladaPosted on9 March, 2024 KONDA announced the results of the latest public opinion survey regarding the Istanbul local elections … Continue ReadingSurvey from Konda will upset AKP candidate Murat Kurum
Categories Economy Finance HIGHLIGHTS Fitch upgrades Turkey’s sovereign rating to B+ on tighter monetary policies, Simsek claims credit Atilla YeşiladaPosted on9 March, 2024 Fitch upgraded Turkey’s rating to “B+” from “B” on Friday, saying tighter approaches to monetary … Continue ReadingFitch upgrades Turkey’s sovereign rating to B+ on tighter monetary policies, Simsek claims credit
Categories HIGHLIGHTS Politics President Erdogan claims this could be his final term Atilla YeşiladaPosted on9 March, 2024 Turkey’s President Recep Tayyip Erdogan said on Friday that the country’s March local elections would … Continue ReadingPresident Erdogan claims this could be his final term
Categories HIGHLIGHTS Politics (Error corrected) Hakan Fidan meets Antony Blinken, hints discussions underway for F-35 jet fighters Atilla YeşiladaPosted on9 March, 202410 March, 2024 Foreign Minister Hakan Fidan told his U.S. counterpart Antony Blinken that the situation in Gaza … Continue Reading(Error corrected) Hakan Fidan meets Antony Blinken, hints discussions underway for F-35 jet fighters
Categories Business Company & Industry Halkbank trial reaches yet another critical juncture Atilla YeşiladaPosted on9 March, 2024 The long-lasting Halkbank trial on charges of being the conduit for Iran money laundering by … Continue ReadingHalkbank trial reaches yet another critical juncture
Categories Business HIGHLIGHTS Politics Turkey and Ukraine deepen defense industry cooperation Atilla YeşiladaPosted on8 March, 2024 As Ukraine’s President Zelensky visits Ankara, it is important to understand how ties across the … Continue ReadingTurkey and Ukraine deepen defense industry cooperation
Categories General Turkish security forces have detained hundreds after deadly attack on Church Cem CetingucPosted on6 March, 2024 Turkish security forces have detained hundreds of suspects in the aftermath of January’s deadly attack … Continue ReadingTurkish security forces have detained hundreds after deadly attack on Church
Categories Company & Industry General Apikur: Oil producers deny the resumption of exports to Turkey Cem CetingucPosted on6 March, 2024 The Kurdistan Oil Industry Association (Apikur) said on Saturday that the Iraqi executive, the Kurdistan … Continue ReadingApikur: Oil producers deny the resumption of exports to Turkey
Categories Economy HIGHLIGHTS As Turkey’s inflation soars in February, the CBRT restricts bank lending in an effort to prevent further rate hikes Güldem AtabayPosted on6 March, 2024 The Central Bank of Turkey took additional tightening measures to support the tight monetary policy. … Continue ReadingAs Turkey’s inflation soars in February, the CBRT restricts bank lending in an effort to prevent further rate hikes
Categories HIGHLIGHTS Politics “At least 40 percent of Kurdish DEM Party voters will vote for Imamoğlu in Istanbul” Güldem AtabayPosted on5 March, 2024 According to researchers who have taken the pulse of Kurdish public opinion ahead of the … Continue Reading“At least 40 percent of Kurdish DEM Party voters will vote for Imamoğlu in Istanbul”
Categories Finance HIGHLIGHTS Morgan Stanley: What’s Next After February Inflation? Atilla YeşiladaPosted on5 March, 2024 The CBT will likely wait for March inflation before deciding on further hikes We think … Continue ReadingMorgan Stanley: What’s Next After February Inflation?
Categories Economy HIGHLIGHTS JPMorgan reveals new forecast after inflation hike in Turkey Cem CetingucPosted on5 March, 2024 LONDON (Reuters) – Stronger-than-expected Turkish inflation data led JPMorgan on Monday to add another 500 … Continue ReadingJPMorgan reveals new forecast after inflation hike in Turkey
Categories General HIGHLIGHTS Turkish exports to Russia cut by one-third amid US sanctions Cem CetingucPosted on5 March, 20245 March, 2024 The volume of shipments from Türkiye to Russia decreased by 33% in February, amounting to … Continue ReadingTurkish exports to Russia cut by one-third amid US sanctions
Categories Economy HIGHLIGHTS Mehmet Simsek lays out post-election policy course Atilla YeşiladaPosted on4 March, 2024 Treasury and Finance Minister Mehmet Şimşek appeared on financial TV broadcaster BloombergHT’ s morning news … Continue ReadingMehmet Simsek lays out post-election policy course
Categories Economy ING: Turkey faces continuing price pressures Atilla YeşiladaPosted on4 March, 20244 March, 2024 Annual Turkish inflation came in higher than expected in February, and it’s expected to go … Continue ReadingING: Turkey faces continuing price pressures
Categories Economy HIGHLIGHTS Markets Turkey seeks foreign investments for economic boost Cem CetingucPosted on4 March, 2024 Grappling with economic woes unseen in decades, Türkiye is seeking to shore up foreign investments … Continue ReadingTurkey seeks foreign investments for economic boost
Categories Economy General HIGHLIGHTS Turkey: Long way from economic recovery Cem CetingucPosted on4 March, 20244 March, 2024 Headline GDP growth came in stronger than expected at 4.0% year-on-year while sequential growth accelerated … Continue ReadingTurkey: Long way from economic recovery