Categories Economy General Residential Property Price Index (RPPI) increased 32.4 percent in nominal terms Cem CetingucPosted on17 June, 202117 June, 2021 In April 2021, RPPI increased monthly by 2.0 percent, recorded an annual increase of 32.4 … Continue ReadingResidential Property Price Index (RPPI) increased 32.4 percent in nominal terms
Categories Business Economy General CBRT and China expand swap agreement Cem CetingucPosted on16 June, 2021 The Turkish Central Bank (CBRT) and People’s Bank of China (PBOC) expanded their swap agreement, which was signed in May 2019, … Continue ReadingCBRT and China expand swap agreement
Categories Business General Markets Turkey’s relations with Libya increased with new administration in Tripoli Cem CetingucPosted on16 June, 2021 Turkey’s relations with Libya have grown with the new interim government in Tripoli to match … Continue ReadingTurkey’s relations with Libya increased with new administration in Tripoli
Categories General Politics AKP is killing art during the pandemic Cem CetingucPosted on14 June, 202114 June, 2021 Kenan Behzat Sharpe Since COVID-19 began to impact Turkey in March 2020, concerts have been … Continue ReadingAKP is killing art during the pandemic
Categories Economy Emerging Markets General Uneven pandemic recovery: Advanced economies grow exponentially while emerging markets struggle Cem CetingucPosted on11 June, 202111 June, 2021 A stark inequality has emerged in the recovery from COVID-19, with advanced economies growing exponentially … Continue ReadingUneven pandemic recovery: Advanced economies grow exponentially while emerging markets struggle
Categories Business Company & Industry Şişecam to invest $310M in Hungary Cem CetingucPosted on10 June, 2021 In a bid to further boost its global expansion targets, Turkish glass manufacturer Şişecam is … Continue ReadingŞişecam to invest $310M in Hungary
Categories Economy Emerging Markets General Global economic recovery is strong but uneven Cem CetingucPosted on9 June, 2021 The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in … Continue ReadingGlobal economic recovery is strong but uneven
Categories Business Company & Industry Getir raised another $550m capital, taking its talents to the US Cem CetingucPosted on7 June, 20217 June, 2021 Getir, the Istanbul-based grocery delivery app, has raised $550m in new funding — tripling its … Continue ReadingGetir raised another $550m capital, taking its talents to the US
Categories Business Company & Industry Goldman Sachs: Europe is re-opening, but refining margins and equities are lagging Cem CetingucPosted on7 June, 2021 The re-opening of Europe is gathering pace with the average activity level now at c.50% … Continue ReadingGoldman Sachs: Europe is re-opening, but refining margins and equities are lagging
Categories Company & Industry Finance Markets Macro Snapshot: Net FX Position of Non-Financial Companies Cem CetingucPosted on7 June, 2021 In March, net FX position of the non-financials was USD-157.5bn (2020: USD -157.6bn). FX assets … Continue ReadingMacro Snapshot: Net FX Position of Non-Financial Companies
Categories Economy General Macro Snapshot: Foreign Trade Statistics Cem CetingucPosted on1 June, 2021 Foreign trade deficit decreased by 33.2% YoY to US3.1bn in April and decreased by 3.2% … Continue ReadingMacro Snapshot: Foreign Trade Statistics
Categories Economy Markets Experts: Covid-19 outbreaks in Asia could raise U.S. inflation Cem CetingucPosted on27 May, 202127 May, 2021 Fresh waves of Covid-19 cases in major manufacturing hubs in Asia could hit global supply … Continue ReadingExperts: Covid-19 outbreaks in Asia could raise U.S. inflation
Categories Finance Markets Tax loopholes create opportunity for Bitcoin investors Cem CetingucPosted on26 May, 2021 Greg Iacurci Crypto investors may be shell-shocked by a recent plunge in prices. But that … Continue ReadingTax loopholes create opportunity for Bitcoin investors
Categories General Erdoğan declares war against organized crime Cem CetingucPosted on26 May, 202126 May, 2021 Turkish President Recep Tayyip Erdoğan pledged to fight organized crime syndicates, adamant that he would … Continue ReadingErdoğan declares war against organized crime
Categories Economy General Macro Snapshot: CUR, RSCI and sectoral confidence indexes decreased Cem CetingucPosted on26 May, 202126 May, 2021 SA CUR decreased by 1pps 75.2% which is the lowest level since October 2020 (1Q20: … Continue ReadingMacro Snapshot: CUR, RSCI and sectoral confidence indexes decreased
Categories General Climate crisis: Almost a thousand extreme weather events occurred in Turkey last year Cem CetingucPosted on25 May, 202125 May, 2021 The Ecosphere Association has stated that the incidence of extreme weather events, such as the … Continue ReadingClimate crisis: Almost a thousand extreme weather events occurred in Turkey last year
Categories General Russian airlines cease most flights to Turkey Cem CetingucPosted on25 May, 2021 Russia’s S7 Airlines on Tuesday joined Aeroflot in its decision to cancel flights to Turkey … Continue ReadingRussian airlines cease most flights to Turkey
Categories Business Finance Macro Snapshot: Outstanding External Loans Received by Private Sector in March Cem CetingucPosted on17 May, 2021 In March, short term loans increased by USD815mn (trade credits increased by USD1.4bn) whereas long … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector in March
Categories Business Economy HIGHLIGHTS Small business pay heavy price for Covid protection Cem CetingucPosted on15 May, 2021 DUBAI: Staying in business through the COVID-19 pandemic has not been cheap for retailers, hoteliers … Continue ReadingSmall business pay heavy price for Covid protection
Categories Economy Markets China PPI signals higher global inflation Cem CetingucPosted on15 May, 2021 Enda Curran Higher prices for raw materials and supply bottlenecks are boosting producer prices, which … Continue ReadingChina PPI signals higher global inflation
