Categories Atilla Yeşilada Economy HIGHLIGHTS Politics Atilla Yesilada: Fed rate cuts will be very good for Turkish economy Atilla YeşiladaPosted on31 July, 2024 I woke up to news of Ismael Haniyeh’s assassination presumably by Israeli forces; and finishing … Continue ReadingAtilla Yesilada: Fed rate cuts will be very good for Turkish economy
Categories Company & Industry Finance HIGHLIGHTS Fitch: Good news, bad news about Turkish banks Atilla YeşiladaPosted on31 July, 2024 The operating environment for Turkish banks has improved in recent months, due to more orthodox … Continue ReadingFitch: Good news, bad news about Turkish banks
Categories General HIGHLIGHTS Turkey up in arms after assassination of HAMAS leader Haniyeh Atilla YeşiladaPosted on31 July, 2024 Ankara strongly protested the killing of HAMAS political chief Haniyeh in Tehran, though her ability … Continue ReadingTurkey up in arms after assassination of HAMAS leader Haniyeh
Categories Company & Industry HYPED Morgan Stanley Akbank equity report: FY24 guidance lowered Atilla YeşiladaPosted on31 July, 2024 FY24 revised guidance. Akbank revised its FY24 guidance with 2Q24 earnings and is now expecting: … Continue ReadingMorgan Stanley Akbank equity report: FY24 guidance lowered
Categories Business Company & Industry HIGHLIGHTS Ak Invest 2Q2024 earnings preview: Telecom, healthcare and retailing look relatively better in 2Q24 Atilla YeşiladaPosted on31 July, 2024 With this report, following our earnings preview on banks and insurance companies that we previously … Continue ReadingAk Invest 2Q2024 earnings preview: Telecom, healthcare and retailing look relatively better in 2Q24
Categories Business HYPED Politics Abdullah Bozkurt: Erdogan’s efforts to cozy up to Russia, China pay no economic dividend Atilla YeşiladaPosted on30 July, 2024 Erdoğan is often criticized for his confrontational rhetoric towards the West, but in practice, he … Continue ReadingAbdullah Bozkurt: Erdogan’s efforts to cozy up to Russia, China pay no economic dividend
Categories Business Company & Industry HIGHLIGHTS HSBC TAV Airports report: Downgrade to Hold: Close to fair value Atilla YeşiladaPosted on30 July, 2024 Highlights FCF and dividend story intact but valuation less attractive after strong re-rating Traffic outlook … Continue ReadingHSBC TAV Airports report: Downgrade to Hold: Close to fair value
Categories Atilla Yeşilada General HIGHLIGHTS ANALYSIS: Turkey’s demographic nightmare is knocking on the door Atilla YeşiladaPosted on30 July, 2024 In its latest update, published on Tuesday, TURKSTAT produced 3 scenarios regarding the population. Türkiye’s … Continue ReadingANALYSIS: Turkey’s demographic nightmare is knocking on the door
Categories HIGHLIGHTS Politics Erdoğan vows not to succumb to Israel’s threats Cem CetingucPosted on30 July, 2024 President Recep Tayyip Erdoğan slammed Israeli Foreign Minister Yisrael Katz’s scandalous social media post threatening … Continue ReadingErdoğan vows not to succumb to Israel’s threats
Categories General HIGHLIGHTS Justice Minister supports family law revision Cem CetingucPosted on30 July, 2024 Justice Minister Yılmaz Tunç has reiterated the necessity for legislative amendments in family regulations concerning issues such as … Continue ReadingJustice Minister supports family law revision
Categories Finance HIGHLIGHTS World Bank increases support to Türkiye with 3.7 billion dollars Cem CetingucPosted on30 July, 2024 With the approved loan of $600 million, the amount of financing provided by the World Bank for Türkiye in … Continue ReadingWorld Bank increases support to Türkiye with 3.7 billion dollars
Categories HIGHLIGHTS Politics Turkey approved the bill allowing for the culling of millions of stray dogs despite mounting protests Güldem AtabayPosted on30 July, 2024 Turkey has approved a controversial bill allowing for the culling of millions of stray dogs, … Continue ReadingTurkey approved the bill allowing for the culling of millions of stray dogs despite mounting protests
Categories Economy HIGHLIGHTS CBRT rate decision summary published: ‘Tight stance’ message repeated Güldem AtabayPosted on30 July, 2024 CBRT published the summary of the July 23rd Monetary Policy Committee (MPC) meeting. The inflation-related … Continue ReadingCBRT rate decision summary published: ‘Tight stance’ message repeated
Categories Economy HIGHLIGHTS Reuters survey announced: Economists’ inflation forecasts for July Güldem AtabayPosted on30 July, 2024 Reuters’ survey of expectations for July inflation data to be announced by the Turkish Statistical … Continue ReadingReuters survey announced: Economists’ inflation forecasts for July
Categories Economy HIGHLIGHTS The slide in Turkey’s economic confidence index continued in July Güldem AtabayPosted on30 July, 2024 According to the Turkish Statistical Institute (TurkStat), the economic confidence index decreased by 1.5 percent … Continue ReadingThe slide in Turkey’s economic confidence index continued in July
Categories Economy HIGHLIGHTS Politics Traces of 35 tons of cocaine smuggling in Germany lead to Turkey Güldem AtabayPosted on30 July, 2024 The details of the operation in which 35 and a half tons of cocaine was … Continue ReadingTraces of 35 tons of cocaine smuggling in Germany lead to Turkey
Categories Economy General HIGHLIGHTS Turkey’s population will fall below from the current 85 million to 77 million in 2100 Güldem AtabayPosted on30 July, 2024 Turkish Statistical Institute (TurkStat) has renewed its population projections for the period between 2023 and … Continue ReadingTurkey’s population will fall below from the current 85 million to 77 million in 2100
Categories General HIGHLIGHTS Millions live with wages below the hunger threshold in Turkey Güldem AtabayPosted on30 July, 202430 July, 2024 According to TÜRK-İŞ, the hunger limit for July rose to 19 thousand 234 TL and … Continue ReadingMillions live with wages below the hunger threshold in Turkey
Categories HIGHLIGHTS Politics Polls ring alarm bells for AKP Atilla YeşiladaPosted on29 July, 2024 If polls are to be believed, CHP’s victory in the March 31 local elections was … Continue ReadingPolls ring alarm bells for AKP
Categories Finance HIGHLIGHTS Türkiye targets 1.5 percent share in global FDI flows by 2028 Cem CetingucPosted on29 July, 202429 July, 2024 Türkiye revealed its foreign direct investment (FDI) strategy for the 2024-2028 period to outline the general … Continue ReadingTürkiye targets 1.5 percent share in global FDI flows by 2028
