Categories HIGHLIGHTS Politics President Erdogan urges Russia to return Crimea to Ukraine Cem CetingucPosted on12 September, 2024 Recep Tayyip Erdoğan, President of Türkiye, has said that Crimea should return to Ukraine in … Continue ReadingPresident Erdogan urges Russia to return Crimea to Ukraine
Categories Company & Industry HIGHLIGHTS Migros (MGROS): updating estimates following Q2 results Cem CetingucPosted on11 September, 2024 Migros reported solid Q2 2024 results on August 20th. In Q2 2024, Migros generated TL64,293m revenues … Continue ReadingMigros (MGROS): updating estimates following Q2 results
Categories HIGHLIGHTS Politics Erdoğan: Turkey advances despite ongoing tensions Cem CetingucPosted on10 September, 2024 President Recep Tayyip Erdoğan has asserted Türkiye’s progress despite escalating regional tensions. “Türkiye is the only country … Continue ReadingErdoğan: Turkey advances despite ongoing tensions
Categories HIGHLIGHTS Politics Turkey urges Arab League to strengthen ties Cem CetingucPosted on10 September, 2024 Türkiye has reiterated the importance of improving ties and building a common strategic vision with … Continue ReadingTurkey urges Arab League to strengthen ties
Categories Business Company & Industry HIGHLIGHTS Turkey’s contracting sector secures $11.2B in international projects from January to August Cem CetingucPosted on9 September, 2024 The Turkish contracting sector undertook projects abroad amounting to $11.2 billion in the first eight … Continue ReadingTurkey’s contracting sector secures $11.2B in international projects from January to August
Categories Economy HIGHLIGHTS Politics DEM Party’s Temelli warns of stagflation, emphasizes democracy for salvation Cem CetingucPosted on9 September, 2024 Sezai Temelli, an economist and deputy of the pro-Kurdish Peoples’ Equality and Democracy Party (DEM … Continue ReadingDEM Party’s Temelli warns of stagflation, emphasizes democracy for salvation
Categories HIGHLIGHTS Politics Iran-Turkey invest in drone aircraft carriers to expand military influence Cem CetingucPosted on9 September, 2024 Turkey and Iran say they’re building navies capable of projecting power far from their shores, … Continue ReadingIran-Turkey invest in drone aircraft carriers to expand military influence
Categories Economy HIGHLIGHTS Akçay says Şimşek’s economic program is ‘undermining Turkish economy’ Cem CetingucPosted on6 September, 2024 In the period ahead, we will see the path ahead of Şimşek’s program narrowing further. … Continue ReadingAkçay says Şimşek’s economic program is ‘undermining Turkish economy’
Categories Business General Turkey and Egypt to collaborate on natural gas and nuclear energy Cem CetingucPosted on6 September, 20246 September, 2024 Turkish president Recep Tayyip Erdogan said his country looks forward to cooperating with Egypt on … Continue ReadingTurkey and Egypt to collaborate on natural gas and nuclear energy
Categories General HIGHLIGHTS Rising sinkholes in ‘Turkey’s granary’ threaten agricultural sector Cem CetingucPosted on6 September, 2024 Over 2,600 sinkholes in Turkey’s Konya Plain are threatening agriculture and residential areas, driven by … Continue ReadingRising sinkholes in ‘Turkey’s granary’ threaten agricultural sector
Categories General HIGHLIGHTS Turkey imposes record fines for hunting endangered species Cem CetingucPosted on5 September, 20245 September, 2024 The country’s nature conservation body has announced the fines for hunting endangered species, which are off-limits for the … Continue ReadingTurkey imposes record fines for hunting endangered species
Categories Economy HIGHLIGHTS Medium-Term Economic Program projects 3.5% growth for 2024 Cem CetingucPosted on5 September, 20245 September, 2024 Türkiye’s economy is expected to grow by 3.5 percent this year before the GDP expansion accelerates to … Continue ReadingMedium-Term Economic Program projects 3.5% growth for 2024
Categories HIGHLIGHTS Politics Imamoğlu hints at 2028 presidential bid Cem CetingucPosted on4 September, 2024 I will be where the nation wants me to be,” Istanbul Mayor Ekrem Imamoğlu said on … Continue ReadingImamoğlu hints at 2028 presidential bid
Categories HIGHLIGHTS Politics Al-Sisi’s visit marks new era in bilateral relations Cem CetingucPosted on4 September, 20244 September, 2024 Türkiye and Egypt are improving bilateral relations, President Recep Tayyip Erdoğan said during his counterpart Abdel Fattah … Continue ReadingAl-Sisi’s visit marks new era in bilateral relations
Categories Economy HIGHLIGHTS Turkish economy expands at a slower-than-expected pace Cem CetingucPosted on2 September, 2024 Türkiye’s economy expanded at a slower-than-expected pace in the second quarter, official data showed on … Continue ReadingTurkish economy expands at a slower-than-expected pace
Categories Economy HIGHLIGHTS Turkey’s foreign trade deficit decline in August Cem CetingucPosted on2 September, 2024 Türkiye’s foreign trade deficit continued to decline in August, narrowing 43.4 percent year-on-year to $4.93 billion last month, … Continue ReadingTurkey’s foreign trade deficit decline in August
Categories Finance HIGHLIGHTS Türkiye: Banking Sector Outlook, 2Q 2024 Cem CetingucPosted on2 September, 2024 The slowdown in credit growth started to become more pronounced towards the end of 2Q24 … Continue ReadingTürkiye: Banking Sector Outlook, 2Q 2024
Categories Economy HIGHLIGHTS Turkey’s foreign trade deficit drops by 42 percent in July Cem CetingucPosted on28 August, 202428 August, 2024 Türkiye’s foreign trade deficit declined by 41.8 percent year-on-year in July to $7.3 billion as exports rose … Continue ReadingTurkey’s foreign trade deficit drops by 42 percent in July
Categories HIGHLIGHTS Politics Ankara calls on EU for increased dialogue and cooperation Cem CetingucPosted on28 August, 202428 August, 2024 Foreign Minister Hakan Fidan will underscore the importance of enhancing institutional dialogue and closer engagement in bilateral … Continue ReadingAnkara calls on EU for increased dialogue and cooperation
Categories General HIGHLIGHTS August Economic Update: Capacity utilization drops, Business sentiment worsens Cem CetingucPosted on26 August, 2024 Data from the Central Bank have shown that the capacity utilization rate (CUR) in the key manufacturing … Continue ReadingAugust Economic Update: Capacity utilization drops, Business sentiment worsens