Categories Economy Finance HIGHLIGHTS Fitch announced its forecast: When will the Turkish Central Bank cut interest rates? Güldem AtabayPosted on25 September, 2024 Erich Arispe Morales, Senior Director and Turkey Analyst at international credit rating agency Fitch Ratings, … Continue ReadingFitch announced its forecast: When will the Turkish Central Bank cut interest rates?
Categories HIGHLIGHTS Politics Erdoğan visits U.N. General Assembly in New York to discuss Gaza crisis Cem CetingucPosted on24 September, 2024 President Recep Tayyip Erdoğan has met with several world leaders ahead of his U.N. General Assembly … Continue ReadingErdoğan visits U.N. General Assembly in New York to discuss Gaza crisis
Categories General HIGHLIGHTS Turkey attracts +35m tourists in eight months Cem CetingucPosted on24 September, 202424 September, 2024 Türkiye saw a significant rise in tourism, welcoming 35.8 million foreign visitors in the first eight months … Continue ReadingTurkey attracts +35m tourists in eight months
Categories Business Company & Industry HIGHLIGHTS Turkey tightens hybrid car import regulations amid push for Chinese investments Cem CetingucPosted on23 September, 2024 Turkey’s Trade Ministry imposed strict conditions on the import of plug-in hybrid vehicles from some … Continue ReadingTurkey tightens hybrid car import regulations amid push for Chinese investments
Categories Company & Industry General HIGHLIGHTS Indonesia looks to acquire ‘naval power’ from Turkey Cem CetingucPosted on23 September, 2024 The Indonesian navy commander has expressed intention to procure additional warships from Türkiye, with proposals for submarines also on the … Continue ReadingIndonesia looks to acquire ‘naval power’ from Turkey
Categories HIGHLIGHTS Politics Erdoğan pledges stable US-Türkiye Relations Cem CetingucPosted on23 September, 2024 President Recep Tayyip Erdoğan emphasized that Türkiye’s high-level dialogue with the United States will remain consistent, irrespective of … Continue ReadingErdoğan pledges stable US-Türkiye Relations
Categories Economy Finance Markets CBRT’s reserve requirement change for TL deposits – one step closer to normalization Güldem AtabayPosted on21 September, 202421 September, 2024 The CBRT changed the reserve requirement ratios for Turkish lira (TL) and foreign currency (FX) … Continue ReadingCBRT’s reserve requirement change for TL deposits – one step closer to normalization
Categories Economy Finance HIGHLIGHTS BRSA loosens lending: Additional restrictions lifted Güldem AtabayPosted on21 September, 2024 The Banking Regulation and Supervision Agency (BRSA) removed the additional risk weights applied to personal … Continue ReadingBRSA loosens lending: Additional restrictions lifted
Categories Economy HIGHLIGHTS Turkish consumer confidence rises to four month high Güldem AtabayPosted on20 September, 2024 Turkish Statistical Institute (TurkStat) announced the consumer confidence index for September. Accordingly, the consumer confidence … Continue ReadingTurkish consumer confidence rises to four month high
Categories Economy General HIGHLIGHTS The power and authority debate in the AKP: The Palace- Party struggle Güldem AtabayPosted on20 September, 2024 Gazete Pencere columnist and journalist Nuray Babacan continues to report news from inside the AKP. … Continue ReadingThe power and authority debate in the AKP: The Palace- Party struggle
Categories Economy Finance HIGHLIGHTS Markets Turkey’s central bank holds rates steady, opting for a cautious wait-and-see approach ahead of rate cuts Güldem AtabayPosted on19 September, 2024 Turkey’s central bank, the CBRT, kept its policy rate unchanged at its Monetary Policy Committee … Continue ReadingTurkey’s central bank holds rates steady, opting for a cautious wait-and-see approach ahead of rate cuts
Categories HIGHLIGHTS Politics Erdoğan urges for new constitution Cem CetingucPosted on18 September, 2024 President Recep Tayyip Erdoğan has reiterated his call for a new constitution, emphasizing the need for a … Continue ReadingErdoğan urges for new constitution
Categories Economy HIGHLIGHTS Şimşek predicts inflation to drop to around 30% by early 2025 Cem CetingucPosted on17 September, 2024 Türkiye’s annual inflation will decline around 30 percent in the first quarter of 2025, before … Continue ReadingŞimşek predicts inflation to drop to around 30% by early 2025
Categories Economy Finance General HIGHLIGHTS Frequent changes in inflation targets undermine the credibility of Turkey’s monetary policy Güldem AtabayPosted on17 September, 2024 In the 13th issue of the Monetary Policy Assessment Note, which is published regularly by … Continue ReadingFrequent changes in inflation targets undermine the credibility of Turkey’s monetary policy
Categories Economy HIGHLIGHTS Markets Turkish workers put in the longest hours in Europe, yet earn some of the lowest wages Cem CetingucPosted on16 September, 202416 September, 2024 Turkey has the longest average weekly working hours among European countries, with 44.2 hours, compared … Continue ReadingTurkish workers put in the longest hours in Europe, yet earn some of the lowest wages
Categories HIGHLIGHTS Politics Turkish and US officials set to discuss bilateral relations Cem CetingucPosted on16 September, 202416 September, 2024 Senior Turkish and American diplomats will meet in the Turkish capital this week to discuss … Continue ReadingTurkish and US officials set to discuss bilateral relations
Categories Economy HIGHLIGHTS Erdoğan: Independent judiciary is cruciall for economic growth Cem CetingucPosted on16 September, 2024 President Recep Tayyip Erdoğan has emphasized the importance of an independent judiciary as a cornerstone of … Continue ReadingErdoğan: Independent judiciary is cruciall for economic growth
Categories Atilla Yeşilada HIGHLIGHTS Politics COMMENTARY: Erdogan’s choice: Early elections or early retirement? Atilla YeşiladaPosted on15 September, 2024 I spend a good portion of my working day reading on Emerging Markets and am … Continue ReadingCOMMENTARY: Erdogan’s choice: Early elections or early retirement?
Categories Atilla Yeşilada HIGHLIGHTS Politics Atilla Yesilada video: Turkey heading for early elections in 2025 Atilla YeşiladaPosted on14 September, 2024 Turkey’s regular elections are scheduled for May 2028, but the main opposition party is pressuring … Continue ReadingAtilla Yesilada video: Turkey heading for early elections in 2025
Categories Finance HIGHLIGHTS Turkish Wealth Fund planning debut Islamic bond sale Güldem AtabayPosted on13 September, 2024 Turkey’s Sovereign Wealth Fund (TWF) is reportedly exploring the possibility of launching its first sukuk … Continue ReadingTurkish Wealth Fund planning debut Islamic bond sale
