Categories Finance HIGHLIGHTS Markets Turkey attracts $1.5B in foreign direct investment in Q1 Cem CetingucPosted on14 May, 202414 May, 2024 Foreign direct investment (FDI) flows to Türkiye stood at $1.5 billion (TL 48 billion) in … Continue ReadingTurkey attracts $1.5B in foreign direct investment in Q1
Categories Economy HIGHLIGHTS Istanbul struggles as inflation and cost of living skyrocket Cem CetingucPosted on14 May, 2024 Business has been sluggish for Ismail Hakki, who owns a once-thriving clothing shop in Istanbul’s … Continue ReadingIstanbul struggles as inflation and cost of living skyrocket
Categories HIGHLIGHTS Politics Greece and Turkey make small diplomatic strides, postpone tough issues Cem CetingucPosted on14 May, 202414 May, 2024 A meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdoğan in … Continue ReadingGreece and Turkey make small diplomatic strides, postpone tough issues
Categories HIGHLIGHTS Politics Political Détente: Implications for Turkish Politics Cem CetingucPosted on13 May, 202413 May, 2024 President Erdoğan’s potential visit to the CHP headquarters holds greater symbolism compared to Özel’s visit … Continue ReadingPolitical Détente: Implications for Turkish Politics
Categories Economy General HIGHLIGHTS Turkey’s March unemployment rate falls to 8.6 percent Cem CetingucPosted on13 May, 2024 The unemployment rate in Türkiye dropped 0.1 percentage points month-over-month to 8.6% in March, official … Continue ReadingTurkey’s March unemployment rate falls to 8.6 percent
Categories Finance HIGHLIGHTS FATF Team Visits Turkey Ahead of ‘Grey List’ Decision, Sources Say Cem CetingucPosted on13 May, 2024 Adelegation from the Financial Action Task Force (FATF) conducted meetings with Turkish authorities last week, … Continue ReadingFATF Team Visits Turkey Ahead of ‘Grey List’ Decision, Sources Say
Categories Business HIGHLIGHTS Turkish, Brazilian companies collaborate on gas projects in the Americas Cem CetingucPosted on9 May, 2024 Türkiye’s floating energy supplier Karpowership has signed a deal with Brazilian state oil firm Petrobras to combine … Continue ReadingTurkish, Brazilian companies collaborate on gas projects in the Americas
Categories HIGHLIGHTS Politics Turkish Minister dismisses Israeli claims of easing trade ban as ‘fictional’ Cem CetingucPosted on9 May, 2024 Turkish Trade Minister Ömer Bolat has dismissed Israeli claims of Türkiye easing its trade ban on Israel, labeling them as … Continue ReadingTurkish Minister dismisses Israeli claims of easing trade ban as ‘fictional’
Categories HIGHLIGHTS Politics President Erdoğan urges enhanced cooperation with EU Cem CetingucPosted on9 May, 2024 President Recep Tayyip Erdoğan has extended a hand of cooperation to the European Union, stressing the importance of developing collaboration between Türkiye … Continue ReadingPresident Erdoğan urges enhanced cooperation with EU
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 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