Categories Politics Erdogan blames Turkey’s problems on foreigners Editor P.A.Posted on12 May, 202021 May, 2020 Turkish President Recep Tayyip Erdogan said his country would defeat attempts to hurt the country’s … Continue ReadingErdogan blames Turkey’s problems on foreigners
Categories Business Turkish gov’t announces 30 percent increase in import tariffs for several goods Editor P.A.Posted on12 May, 202021 May, 2020 The Turkish government on May 11 announced new import tariffs on dozens of goods including … Continue ReadingTurkish gov’t announces 30 percent increase in import tariffs for several goods
Categories Economy Finance Markets Turkish Wealth Fund to inject USD3 bn capital to state banks Editor P.A.Posted on11 May, 202021 May, 2020 Turkey’s sovereign wealth fund said on Monday that it launched works on increasing three state … Continue ReadingTurkish Wealth Fund to inject USD3 bn capital to state banks
Categories Emerging Markets Finance Emerging Markets burning through reserves, BofA Editor P.A.Posted on11 May, 202021 May, 2020 Leading emerging countries have burned through $240 billion in foreign exchange reserves over the past … Continue ReadingEmerging Markets burning through reserves, BofA
Categories Business Turkey’s energy import bill down 9.6% in Q1 amid lower oil prices Editor P.A.Posted on11 May, 202021 May, 2020 Turkey’s energy import bill dropped by 9.6% year-on-year between January and March amid thanks to … Continue ReadingTurkey’s energy import bill down 9.6% in Q1 amid lower oil prices
Categories Business Turkey’s great shopping mall debate Editor P.A.Posted on11 May, 202021 May, 2020 Rejoice, ye all! Turkey joined the European countries relaxing Covid epidemic related restrictions as of … Continue ReadingTurkey’s great shopping mall debate
Categories Economy Turkish unemployment flat in February, but set to rise Editor P.A.Posted on11 May, 202021 May, 2020 Turkey’s official stats agency Turkstat reported on Monday that “the number of unemployed persons aged … Continue ReadingTurkish unemployment flat in February, but set to rise
Categories Politics Turkey Threatens Retaliation Against Haftar’s Forces in Libya Editor P.A.Posted on11 May, 202021 May, 2020 Ankara remains determined to preserve its gains in Libya, that is help the al Sarraj … Continue ReadingTurkey Threatens Retaliation Against Haftar’s Forces in Libya
Categories Economy General February’s curious drop in unemployment to 13.6%; dynamics foretell the corona period Editor P.A.Posted on11 May, 202021 May, 2020 Turkey’s February (Jan-March 2020 average) unemployment rate showed 1.1 percentage points drop to 13.6% with … Continue ReadingFebruary’s curious drop in unemployment to 13.6%; dynamics foretell the corona period
Categories Company & Industry Economy Finance Markets Swap ban on three banks lifted; lira under focus still Editor P.A.Posted on11 May, 202021 May, 2020 Turkey reversed its recently placed ban on BNP Paribas SA, Citigroup Inc. and UBS Group … Continue ReadingSwap ban on three banks lifted; lira under focus still
Categories Politics How President Erdogan plays politics with Covid outbreak Editor P.A.Posted on9 May, 202021 May, 2020 Turkey’s health system achieved considerable success in battling the corona epidemic, but the war is … Continue ReadingHow President Erdogan plays politics with Covid outbreak
Categories Company & Industry Turkey intensifies Mediterranean gas operations as energy giants pull out Editor P.A.Posted on8 May, 202021 May, 2020 Ankara’s intensification of exploration and drilling activities will coincide with easing of pandemic restrictions, with … Continue ReadingTurkey intensifies Mediterranean gas operations as energy giants pull out
Categories Business Turkey to inject capital into state banks Editor P.A.Posted on8 May, 202021 May, 2020 Turkey’s state banks have become the major conduit through which state aid is flowing to … Continue ReadingTurkey to inject capital into state banks
Categories Company & Industry Akbank: Strongly Positioned, Attractively Valued Editor P.A.Posted on8 May, 202021 May, 2020 1Q20 net income in line with expectations The bank announced its 1Q20 solo net income … Continue ReadingAkbank: Strongly Positioned, Attractively Valued
Categories Company & Industry Turkish Banks: Normalization pushed out past 2020 Editor P.A.Posted on8 May, 202021 May, 2020 Turkish banks started 2020 with expectations of a strong recovery in earnings post the 2018-19 … Continue ReadingTurkish Banks: Normalization pushed out past 2020
Categories Markets The strengthening of the TL is temporary Editor P.A.Posted on8 May, 202021 May, 2020 Turkish Lira closed the Turkish trading hours on Friday at 7.11, a substantial gain vs … Continue ReadingThe strengthening of the TL is temporary
Categories General Politics Playing politics with economy and public health Editor P.A.Posted on8 May, 202021 May, 2020 Turkey’s case numbers jumped suddenly on Wednesday to 3K range, suggesting that the Covid-19 outbreak … Continue ReadingPlaying politics with economy and public health
Categories Economy Turkey’s Great Depression started in April Editor P.A.Posted on8 May, 202021 May, 2020 April survey data portrays an economic landscape that has become a wasteland. However, this is … Continue ReadingTurkey’s Great Depression started in April
Categories General Turkey’s rights and wrongs during the outbreak Editor P.A.Posted on7 May, 202021 May, 2020 The timing of the preventive measures is crucial in the crisis response. Although Turkey was … Continue ReadingTurkey’s rights and wrongs during the outbreak
Categories Economy Finance Banking sector watchdog’s swap ban, manipulation-redefinition… as lira slide continues Editor P.A.Posted on7 May, 202021 May, 2020 Turkey’s banking regulator set new definitions for currency manipulation in a statement released and got … Continue ReadingBanking sector watchdog’s swap ban, manipulation-redefinition… as lira slide continues
