Categories Business HIGHLIGHTS Press reports: Saudi firm mulls $5B investment in Turkey Cem CetingucPosted on30 September, 2024 Türkiye is attracting significant international investment, including a potential $5 billion investment from a Saudi company, … Continue ReadingPress reports: Saudi firm mulls $5B investment in Turkey
Categories HIGHLIGHTS Politics Turkish Cypriot leader may meet Greek counterpart, but peace talks unlikely Cem CetingucPosted on30 September, 2024 Turkish Cypriot leader Ersin Tatar has indicated willingness to meet with Cyprus President Nikos Christodoulides, but with … Continue ReadingTurkish Cypriot leader may meet Greek counterpart, but peace talks unlikely
Categories HIGHLIGHTS Politics US offers Turkey a ‘sweet deal’ for turning over S-400 missiles to NATO command Cem CetingucPosted on30 September, 2024 When Turkish President Recep Erdogan brokered a $2.5 billion deal with Russian President Vladimir Putin … Continue ReadingUS offers Turkey a ‘sweet deal’ for turning over S-400 missiles to NATO command
Categories Business General HIGHLIGHTS Can Turkey Escape the Middle Income Trap? Famous economist answers Atilla YeşiladaPosted on30 September, 2024 Pointing out that Turkey has been stuck in the middle-income trap for many years, Arnold … Continue ReadingCan Turkey Escape the Middle Income Trap? Famous economist answers
Categories Business General HIGHLIGHTS Erdogan shoots down early election rumors, praises economic program Atilla YeşiladaPosted on29 September, 2024 President Recep Tayyip Erdogan Saturday made significant remarks regarding Türkiye’s economic situation while dismissing opposition … Continue ReadingErdogan shoots down early election rumors, praises economic program
Categories HIGHLIGHTS Markets HSBC: The recent downdraught in equities is a buying opportunity Atilla YeşiladaPosted on29 September, 2024 The Turkish equity market has seen a sharp decline through the summer period of global … Continue ReadingHSBC: The recent downdraught in equities is a buying opportunity
Categories Economy HIGHLIGHTS EBRD maintains Turkey GDP forecast, cites notable improvements Cem CetingucPosted on28 September, 2024 The European Bank for Reconstruction and Development (EBRD) kept its growth forecast for the Turkish … Continue ReadingEBRD maintains Turkey GDP forecast, cites notable improvements
Categories HIGHLIGHTS Politics Erdoğan skips Biden’s dinner, returns to Turkey Cem CetingucPosted on28 September, 2024 Turkish President Recep Tayyip Erdoğan on Sept. 26 returned home after completing his visit to … Continue ReadingErdoğan skips Biden’s dinner, returns to Turkey
Categories General HIGHLIGHTS Land Deal for U.S. Embassy in Turkey resurfaces amid NY bribery case Cem CetingucPosted on28 September, 2024 New York City Mayor Eric Adams has been indicted on charges of bribery and campaign … Continue ReadingLand Deal for U.S. Embassy in Turkey resurfaces amid NY bribery case
Categories Economy HIGHLIGHTS BofA Turkey Report: Slow and steady towards disinflation, rate cuts Atilla YeşiladaPosted on26 September, 2024 Key takeaways Macroeconomic imbalances are improving albeit slowly. We still see a soft landing in … Continue ReadingBofA Turkey Report: Slow and steady towards disinflation, rate cuts
Categories Economy HIGHLIGHTS Politics Murat Yetkin: Designated most important agenda item in Turkish politics Güldem AtabayPosted on26 September, 2024 Republican People’s Party (CHP) Ankara Metropolitan Mayor Mansur Yavaş reacted to the “presidential rivalry within … Continue ReadingMurat Yetkin: Designated most important agenda item in Turkish politics
Categories Economy HIGHLIGHTS Politics Turkey cancels plans to tax stock and crypto gains Cem CetingucPosted on26 September, 2024 Türkiye has decided against implementing an additional tax package this year, including a levy on … Continue ReadingTurkey cancels plans to tax stock and crypto gains
Categories Economy HIGHLIGHTS Turkey could receive S&P upgrade soon enough Cem CetingucPosted on26 September, 2024 Türkiye may be on the verge of receiving another credit rating upgrade in November from … Continue ReadingTurkey could receive S&P upgrade soon enough
Categories HIGHLIGHTS Politics Turkey won’t be ‘rushed’ on Ukraine’s NATO membership: Erdoğan Cem CetingucPosted on26 September, 202426 September, 2024 “We are going to follow the developments, the deliberations, and reach a final decision accordingly,” … Continue ReadingTurkey won’t be ‘rushed’ on Ukraine’s NATO membership: Erdoğan
Categories HIGHLIGHTS Politics Turkey and Greece consider talks on maritime zone disputes Cem CetingucPosted on25 September, 2024 Greece and Turkey will explore whether they can start talks aimed at demarcating their maritime … Continue ReadingTurkey and Greece consider talks on maritime zone disputes
Categories Business HIGHLIGHTS Trade Minister highlights increasing US business interest in Turkey Cem CetingucPosted on25 September, 2024 With Turkish-U.S. relations gaining momentum, Turkish Trade Minister Ömer Bolat reported increased interest from major American firms looking to … Continue ReadingTrade Minister highlights increasing US business interest in Turkey
Categories HIGHLIGHTS Politics Turkey may ‘transfer’ S-400 to U.S. as potential step toward rejoining F-35 Program Cem CetingucPosted on25 September, 202425 September, 2024 The U.S. has reportedly proposed a solution to Turkey’s S-400 dilemma that would allow Ankara … Continue ReadingTurkey may ‘transfer’ S-400 to U.S. as potential step toward rejoining F-35 Program
Categories Economy Finance HIGHLIGHTS Politics Simsek tells foreign investors that tight fiscal policy will play a decisive role in the disinflation process Güldem AtabayPosted on25 September, 2024 Turkey’s Finance Minister, Mehmet Simsek, informed investors during a New York meeting that a strict … Continue ReadingSimsek tells foreign investors that tight fiscal policy will play a decisive role in the disinflation process
Categories Economy Finance HIGHLIGHTS Household inflation expectations declined a notch yet still unanchored to inflation target Güldem AtabayPosted on25 September, 2024 The Central Bank of the Republic of Turkey (CBRT) survey results showed that households’ inflation … Continue ReadingHousehold inflation expectations declined a notch yet still unanchored to inflation target
Categories Economy HIGHLIGHTS OECD cuts growth forecast for Turkey Güldem AtabayPosted on25 September, 2024 The Organization for Economic Cooperation and Development (OECD) published the “Interim Economic Outlook” report, in … Continue ReadingOECD cuts growth forecast for Turkey
