Categories General HIGHLIGHTS Politics Turkish foreign minister: Turkey and Armenia shows efforts to normalize their ties Cem CetingucPosted on14 December, 202114 December, 2021 Turkey and Armenia will appoint special representatives to discuss steps to normalize their ties, Turkey’s … Continue ReadingTurkish foreign minister: Turkey and Armenia shows efforts to normalize their ties
Categories Economy General HIGHLIGHTS Turkish Lira plummets, brings doom to Northern Syria Cem CetingucPosted on14 December, 2021 Mohammed al-Debek, a schoolteacher in northern Syria, is on strike: the currency devaluation in neighbouring … Continue ReadingTurkish Lira plummets, brings doom to Northern Syria
Categories General Erdogan defines social media as a ‘threat to democracy’ Cem CetingucPosted on14 December, 202114 December, 2021 Turkish President Recep Tayyip Erdogan described social media Saturday as one of the main threats … Continue ReadingErdogan defines social media as a ‘threat to democracy’
Categories Economy General HIGHLIGHTS Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on14 December, 2021 MoM expectations for next 3 months indicates that the monthly CPI data would remarkably above … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories Business General HIGHLIGHTS 2021 was a bad year for Turkish movie theathers as spectator numbers decline drastically Cem CetingucPosted on11 December, 2021 Cinema has been among the sectors most affected by the coronavirus pandemic, and the normalization … Continue Reading2021 was a bad year for Turkish movie theathers as spectator numbers decline drastically
Categories General HIGHLIGHTS Politics Tensions rise in Northern Iraq as three Turkish soldiers killed in PKK terrorist attack Cem CetingucPosted on9 December, 20219 December, 2021 Three Turkish soldiers taking part in the Claw-Thunderbolt counterterrorism operation against PKK terrorists were killed … Continue ReadingTensions rise in Northern Iraq as three Turkish soldiers killed in PKK terrorist attack
Categories Economy General HIGHLIGHTS Markets Currency crisis hits hard in Turkey Cem CetingucPosted on9 December, 2021 Turkey’s deepening currency crisis could mark the definitive end of the country’s economic success story … Continue ReadingCurrency crisis hits hard in Turkey
Categories Business Economy HIGHLIGHTS Apparel exports boom while retailers fight for survival amid Turkey’s economic crisis Cem CetingucPosted on9 December, 2021 The country’s currency, the lira, has lost almost half its value against the dollar so … Continue ReadingApparel exports boom while retailers fight for survival amid Turkey’s economic crisis
Categories General HIGHLIGHTS ‘The Turkish Gatsby,’ enjoys lavish life in Miami Cem CetingucPosted on8 December, 2021 Facing 130 years in prison, infamous Turkish-Iranian money launderer Reza Zarrab took a plea deal … Continue Reading‘The Turkish Gatsby,’ enjoys lavish life in Miami
Categories Business Company & Industry HIGHLIGHTS Tofas: Reflecting FX spike in revenues; adding conviction to new model opportunity Cem CetingucPosted on8 December, 2021 We raise our TP for Tofas to TRY108.70 (from TRY50.10) and reiterate our Outperform rating. … Continue ReadingTofas: Reflecting FX spike in revenues; adding conviction to new model opportunity
Categories General HIGHLIGHTS Elif Şafak listed among ‘BBC 100 Women 2021’ Cem CetingucPosted on7 December, 2021 Ahead of the new year, the BBC has unveiled its list of 100 inspiring and … Continue ReadingElif Şafak listed among ‘BBC 100 Women 2021’
Categories General HIGHLIGHTS Land disputes, climate change pressure Turkish nomads to settle Cem CetingucPosted on7 December, 2021 Woken by the first light of dawn, Mehmet and his family rise to drink sweet … Continue ReadingLand disputes, climate change pressure Turkish nomads to settle
Categories General HIGHLIGHTS Politics Erdogan’s visit to Qatar to yield deals but no MbS meeting Cem CetingucPosted on7 December, 2021 Doha and Ankara said on Monday they will sign dozens of deals during a visit … Continue ReadingErdogan’s visit to Qatar to yield deals but no MbS meeting
Categories Economy Emerging Markets HIGHLIGHTS Markets Bank investment chiefs cautious about China and emerging markets Cem CetingucPosted on7 December, 2021 Market volatility and uncertainty over China’s indebted property sector is making bank investment chiefs cautious … Continue ReadingBank investment chiefs cautious about China and emerging markets
Categories Company & Industry Finance HIGHLIGHTS Top Picks Portfolio – Removing Aksigorta From Top Picks Cem CetingucPosted on7 December, 2021 Excluding Aksigorta from our top picks:We exclude Aksigorta <Buy, TP: TL11.15> from our top picks … Continue ReadingTop Picks Portfolio – Removing Aksigorta From Top Picks
Categories Economy HIGHLIGHTS Macro Focus: Upside risks persist as inflation figures approach to record levels Cem CetingucPosted on4 December, 20214 December, 2021 Turkey’s CPI increased by 3.51% MoM in November driving YoY CPI from 19.89% to 21.31%. Accordingly, … Continue ReadingMacro Focus: Upside risks persist as inflation figures approach to record levels
Categories HIGHLIGHTS Politics Turkey urges Council of Europe to reconsider disciplinary proceedings Cem CetingucPosted on3 December, 2021 Turkey on Dec. 2 called on the Council of Europe to avoid punishing Turkey ahead of a decision … Continue ReadingTurkey urges Council of Europe to reconsider disciplinary proceedings
Categories General HIGHLIGHTS New Finance Minister reveals Turkey won’t prioritize high interest rates Cem CetingucPosted on3 December, 20213 December, 2021 Turkey will not prioritize high interest rates under the new economic model, the newly appointed … Continue ReadingNew Finance Minister reveals Turkey won’t prioritize high interest rates
Categories Economy General HIGHLIGHTS S&P Global Ratings: Risks drastically increase as Turkey uses borrowed lira reserves Cem CetingucPosted on3 December, 2021 Turkey risks damaging confidence in the lira further by using “borrowed” reserves to defend its … Continue ReadingS&P Global Ratings: Risks drastically increase as Turkey uses borrowed lira reserves
Categories Economy HIGHLIGHTS Politics Erdoğan: Low interest rate policy ‘all the way’ Cem CetingucPosted on1 December, 2021 President Recep Tayyip Erdoğan on Wednesday said there was “no turning back” from the new … Continue ReadingErdoğan: Low interest rate policy ‘all the way’
