Categories Economy HIGHLIGHTS Cevdet Akçay: We do not expect inflation to exceed the upper band, if the transmission mechanism had not been strengthened, we would have had a hard landing in the economy Güldem AtabayPosted on9 May, 20249 May, 2024 Following the end of CBRT Governor Karahan’s presentation, the question and answer session started. Do … Continue ReadingCevdet Akçay: We do not expect inflation to exceed the upper band, if the transmission mechanism had not been strengthened, we would have had a hard landing in the economy
Categories Economy HIGHLIGHTS Turkey’s Central Bank raised its year-end inflation forecast… Güldem AtabayPosted on9 May, 2024 In the second Inflation Report presentation of the year, Central Bank Governor Fatih Karahan announced … Continue ReadingTurkey’s Central Bank raised its year-end inflation forecast…
Categories General HIGHLIGHTS Record 18 Million passengers at Turkish airports in April Cem CetingucPosted on8 May, 2024 Turkish airports welcomed a record 18 million passengers, including transit passengers, in April, as the … Continue ReadingRecord 18 Million passengers at Turkish airports in April
Categories General HIGHLIGHTS Alcohol consumption declines in European Union Cem CetingucPosted on8 May, 20248 May, 2024 Alcohol consumption in the EU has declined by 0.5 litres between 2010 and 2020. However, … Continue ReadingAlcohol consumption declines in European Union
Categories Company & Industry HIGHLIGHTS Turkey fines exceed 37M dollars in Meta Investigations Cem CetingucPosted on8 May, 20248 May, 2024 Türkiye has levied a combined administrative fine of TL 1.2 billion (around $37.2 million) against … Continue ReadingTurkey fines exceed 37M dollars in Meta Investigations
Categories HIGHLIGHTS Politics FM scheduled to visit UAE amid Gaza ceasefire negotiations Cem CetingucPosted on8 May, 20248 May, 2024 Foreign Minister Hakan Fidan will pay a two-day visit to the United Arab Emirates amid efforts to … Continue ReadingFM scheduled to visit UAE amid Gaza ceasefire negotiations
Categories Business HIGHLIGHTS Politics Turkey and Kuwait ink six agreements to strengthen relations Cem CetingucPosted on8 May, 20248 May, 2024 Türkiye and Kuwait have inked six agreements spanning various sectors including investment, defense and disaster management in a … Continue ReadingTurkey and Kuwait ink six agreements to strengthen relations
Categories Economy HIGHLIGHTS S&P upgrades Turkey’s rating to ‘B+’ amid economic stabilization Cem CetingucPosted on7 May, 2024 Credit ratings agency S&P on Friday upgraded Turkey’s ratings to “B+” from “B”, saying that … Continue ReadingS&P upgrades Turkey’s rating to ‘B+’ amid economic stabilization
Categories Economy HIGHLIGHTS Turkey’s April trade deficit expands, Trade Ministry reports Cem CetingucPosted on7 May, 2024 Türkiye’s foreign trade deficit came in at $9.9 billion in April, pointing to a 13.3 percent increase … Continue ReadingTurkey’s April trade deficit expands, Trade Ministry reports
Categories General HIGHLIGHTS 30 percent of Turkish children reportedly raised by ‘toxic parents’ Cem CetingucPosted on7 May, 2024 Around 20 to 30 percent of children in Türkiye are being raised by toxic parents, leading to a high … Continue Reading30 percent of Turkish children reportedly raised by ‘toxic parents’
Categories Atilla Yeşilada Business Economy HIGHLIGHTS Video: Simsek announces new measures to rescue Turkish economy. Will they be enough? Atilla YeşiladaPosted on7 May, 20248 May, 2024 Did you like this content? Here is another one
Categories General HIGHLIGHTS Turkish military neutralizes 16 terrorists in northern Iraq Cem CetingucPosted on6 May, 20246 May, 2024 The Turkish military eliminated 16 PKK terrorists, including several ringleaders of the terrorist group in … Continue ReadingTurkish military neutralizes 16 terrorists in northern Iraq
Categories General HIGHLIGHTS MIT issues warning on foreign espionage Cem CetingucPosted on6 May, 20246 May, 2024 The National Intelligence Organization (MİT) has issued a video to warn Turkish citizens about the … Continue ReadingMIT issues warning on foreign espionage
Categories General HIGHLIGHTS Politics Israel will be hold accountable for its actions: Erdoğan Cem CetingucPosted on6 May, 2024 President Recep Tayyip Erdoğan has declared that Türkiye will use all available means to hold Israel accountable for its actions in … Continue ReadingIsrael will be hold accountable for its actions: Erdoğan
Categories HIGHLIGHTS Politics Erdoğan slams US campus protests amidst own bans Cem CetingucPosted on3 May, 2024 Turkish President Recep Tayyip Erdoğan has weighed in on the ongoing U.S. college campus protests … Continue ReadingErdoğan slams US campus protests amidst own bans
Categories Economy HIGHLIGHTS Inflation will decline after May: Şimşek Cem CetingucPosted on3 May, 20243 May, 2024 Turkey’s annual inflation will begin to decline sharply “in line with our predictions” after it … Continue ReadingInflation will decline after May: Şimşek
Categories Economy HIGHLIGHTS CBRT: Current course poses an upside risk to the inflation outlook Güldem AtabayPosted on3 May, 2024 In the summary of the 25 April 2024 Monetary Policy Committee (MPC) meeting, the Central … Continue ReadingCBRT: Current course poses an upside risk to the inflation outlook
Categories Economy HIGHLIGHTS Turkish inflation nears 70 percent and more to come in May Güldem AtabayPosted on3 May, 20243 May, 2024 Inflation in Turkey has continued to rise for the sixth consecutive month. The growth of consumer … Continue ReadingTurkish inflation nears 70 percent and more to come in May
Categories Economy HIGHLIGHTS Turkey’s April PMI in the contraction territorry Güldem AtabayPosted on2 May, 2024 According to ITO PMI, the slowdown in the economy became more evident after the local … Continue ReadingTurkey’s April PMI in the contraction territorry
Categories Economy General HIGHLIGHTS OECD growth and inflation forecasts for Turkey Güldem AtabayPosted on2 May, 2024 The OECD revised its 2024 growth forecast for the Turkish economy upwards, while projecting average … Continue ReadingOECD growth and inflation forecasts for Turkey
