Categories Economy HIGHLIGHTS Politics Constitutional Court annuls Erdogan’s power to dismiss Central Bank governor Güldem AtabayPosted on4 June, 2024 The Constitutional Court (AYM) unanimously annulled AKP President Erdoğan’s power to appoint the head of … Continue ReadingConstitutional Court annuls Erdogan’s power to dismiss Central Bank governor
Categories Economy HIGHLIGHTS Politics CHP leader Özel warned Erdoğan: ” If this path continues no one can stand in the way of early elections” Güldem AtabayPosted on4 June, 2024 Speaking at his party’s group meeting, Republican People’s Party (CHP) Chairman Özgür Özel harshly criticized … Continue ReadingCHP leader Özel warned Erdoğan: ” If this path continues no one can stand in the way of early elections”
Categories Economy HIGHLIGHTS Prof. Fatih Özatay: Inflation will fall but minimum wage must rise Güldem AtabayPosted on4 June, 20244 June, 2024 Inflation was 75.5 per cent in May, when almost everyone expected the highest annual consumer … Continue ReadingProf. Fatih Özatay: Inflation will fall but minimum wage must rise
Categories HIGHLIGHTS Politics AKP-MHP shut the door on Kurdish rights: Fresh DEM mayor of Hakkari Province sacked Atilla YeşiladaPosted on3 June, 2024 Hakkari Mayor Mehmet Sıddık Akış from the Peoples’ Equality and Democracy Party (DEM Party) has … Continue ReadingAKP-MHP shut the door on Kurdish rights: Fresh DEM mayor of Hakkari Province sacked
Categories General HIGHLIGHTS Turkey’s declining birth rate rings alarm bell for economy Atilla YeşiladaPosted on2 June, 2024 Once proud of its young population, Türkiye is now heading towards an aging society that … Continue ReadingTurkey’s declining birth rate rings alarm bell for economy
Categories Company & Industry Finance HIGHLIGHTS Markets Borsa İstanbul star of Emerging Markets but rally is stalling on account of bank valuations Atilla YeşiladaPosted on2 June, 2024 Borsa Istanbul BIST-100 main index completed May at 10,400 points with an increase of 3.53 … Continue ReadingBorsa İstanbul star of Emerging Markets but rally is stalling on account of bank valuations
Categories Business HIGHLIGHTS Mehmet Simsek to go after tax evaders to narrow budget deficit Atilla YeşiladaPosted on2 June, 2024 Turkish administration is proposing a slew of new measures to raise new revenue, without increasing … Continue ReadingMehmet Simsek to go after tax evaders to narrow budget deficit
Categories Business General HIGHLIGHTS AKP VP promises structural reform agenda Atilla YeşiladaPosted on2 June, 2024 Turkey’s austerity program has made significant progress in tightening monetary policy. Much needs to be … Continue ReadingAKP VP promises structural reform agenda
Categories Business Finance HIGHLIGHTS BBVA Garanti on Türkiye Banking Sector Outlook: Under pressure Atilla YeşiladaPosted on2 June, 2024 Key messages ➢ The limited acceleration ahead of the election in March was followed by … Continue ReadingBBVA Garanti on Türkiye Banking Sector Outlook: Under pressure
Categories Business Company & Industry HYPED New recommendation for Turkey’s private lenders Atilla YeşiladaPosted on2 June, 2024 This is an excerpt from HSBC Research Note! PA Turkey does not do equity research, … Continue ReadingNew recommendation for Turkey’s private lenders
Categories Company & Industry HYPED Markets HOLD recommendation for Turkish glassware giant by HSBC Research Atilla YeşiladaPosted on2 June, 2024 Key points We foresee sales volume recovery in key product groups this year but a … Continue ReadingHOLD recommendation for Turkish glassware giant by HSBC Research
Categories Economy HIGHLIGHTS ANALYSIS: GDP soars in 1Q2024, negative spill-over to inflation Atilla YeşiladaPosted on2 June, 2024 GDP growth in 1Q24 stood at 5.7% YoY and 2.4% QoQ. TurkStat revealed 1Q24 GDP … Continue ReadingANALYSIS: GDP soars in 1Q2024, negative spill-over to inflation
Categories Atilla Yeşilada Economy SHOCKER!!! Turkish inflation is 113%–video Atilla YeşiladaPosted on1 June, 2024 A recent survey Koc University and polling agency KONDA reported that participants think consumer … Continue ReadingSHOCKER!!! Turkish inflation is 113%–video