Categories Economy Finance Markets Pressure on Turkey’s Economy Builds as Lira Hits Record Low Editor P.A.Posted on7 May, 202021 May, 2020 The Turkish lira slid to its lowest level in two years on Thursday as investors … Continue ReadingPressure on Turkey’s Economy Builds as Lira Hits Record Low
Categories Politics Davutoglu Accuses Erdogan of Weakening Turkey Editor P.A.Posted on6 May, 202021 May, 2020 The head of Turkey’s opposition Future Party has accused President Recep Tayyip Erdogan and his … Continue ReadingDavutoglu Accuses Erdogan of Weakening Turkey
Categories Economy Finance Brad Setser: Why Turkey is running out of FX? Editor P.A.Posted on6 May, 202021 May, 2020 (Cover chart: Central Bank net reserves) Turkey’s currency has suddenly toppled versus the dollar, falling … Continue ReadingBrad Setser: Why Turkey is running out of FX?
Categories Economy Politics Turkey’s economy is in trouble but the public oppose an IMF loan Editor P.A.Posted on5 May, 202021 May, 2020 The Turkish central bank’s international reserves are drying up and the lira has hit a … Continue ReadingTurkey’s economy is in trouble but the public oppose an IMF loan
Categories Business Consumer confidence drops in April, Ipsos finds wide-spread economic anxiety Editor P.A.Posted on5 May, 202021 May, 2020 Turkey’s private sector consumer confidence gauge, compiled by financial broadcaster BloombergHT decline further in April, … Continue ReadingConsumer confidence drops in April, Ipsos finds wide-spread economic anxiety
Categories Politics Turkey’s S-400s: What next? Editor P.A.Posted on5 May, 202021 May, 2020 Ankara has officially announced that it is “postponing” the “activation” of Russian made S-400 anti-missile … Continue ReadingTurkey’s S-400s: What next?
Categories Economy JP Morgan: Turkey: annual inflation stays on its downward trend Editor P.A.Posted on5 May, 202021 May, 2020 Despite the sharp lira weakening and its impact on import prices and its likely impact … Continue ReadingJP Morgan: Turkey: annual inflation stays on its downward trend
Categories General Financial Times: Turkey corona deaths underreported Editor P.A.Posted on5 May, 202021 May, 2020 The number of people who have died from COVID-19 in Turkey has risen by 59 … Continue ReadingFinancial Times: Turkey corona deaths underreported
Categories Markets OPINION: Remember Pastor Brunson? Editor P.A.Posted on5 May, 202021 May, 2020 Pastor Andrew Brunson is an evangelical clergyman who had settled in Turkey to teach the … Continue ReadingOPINION: Remember Pastor Brunson?
Categories Economy March-April data reveals devastation in economic landscape Editor P.A.Posted on5 May, 202021 May, 2020 New data from the state-run Turkish Statistical Institute for April 2020, as well as private … Continue ReadingMarch-April data reveals devastation in economic landscape
Categories General Erdogan begins to ease Turkey’s coronavirus restrictions Editor P.A.Posted on5 May, 202021 May, 2020 Turkey will start easing coronavirus containment measures from Monday, President Tayyip Erdogan said, lifting inter-city … Continue ReadingErdogan begins to ease Turkey’s coronavirus restrictions
Categories Economy Emerging Markets Foreign Policy: Corona forces Brazil, Indonesia, India, Russia, and Turkey face a daunting new reality Editor P.A.Posted on4 May, 202021 May, 2020 Risky assets had rallied throughout April, thanks to slowing-down of the Covid-19 outbreaks in rich … Continue ReadingForeign Policy: Corona forces Brazil, Indonesia, India, Russia, and Turkey face a daunting new reality
Categories General An important announcement for our readers Editor P.A.Posted on4 May, 202021 May, 2020 Dear Turkey enthusiasts, We are in the process of moving our PA Intelligence news site … Continue ReadingAn important announcement for our readers
Categories Business Moody’s pessimistic on Turkey rating Editor P.A.Posted on4 May, 202021 May, 2020 Moody’s notes declining Central Bank reserves, economic policy uncertainty as main reasons for its negative … Continue ReadingMoody’s pessimistic on Turkey rating
Categories Business Politics Turkey near top of regional fraud league Editor P.A.Posted on4 May, 202021 May, 2020 ISTANBUL: Turkey is the second-worst country in its region for business fraud, and known cases … Continue ReadingTurkey near top of regional fraud league
Categories General Turkey to expand testing to locate “ghost carriers” Editor P.A.Posted on4 May, 202021 May, 2020 Turkey’s new cases declined from 5K to 2K in the brief span of one month, … Continue ReadingTurkey to expand testing to locate “ghost carriers”
Categories Company & Industry Economy Emerging Markets Finance Corona toll now tangible for the Turkish economy Editor P.A.Posted on4 May, 202021 May, 2020 Turkish Ministry of Commerce temporary foreign trade data shows an immense 41.38 percent yoy drop … Continue ReadingCorona toll now tangible for the Turkish economy
Categories Economy Current account in balance, but foreign debt payments a problem Editor P.A.Posted on4 May, 202021 May, 2020 Foreign trade deficit increased by 72% yoy in February According to TURKSTAT, the volume of … Continue ReadingCurrent account in balance, but foreign debt payments a problem
Categories Economy Covid-19 takes its toll on public budget Editor P.A.Posted on4 May, 202021 May, 2020 The central government budget posted a TRY43.7bn deficit in March, compared to the TRY24.5bn deficit … Continue ReadingCovid-19 takes its toll on public budget
Categories Business Turkcell: Take on COVID-19 impact Editor P.A.Posted on4 May, 202021 May, 2020 Turkcell’s management has provided its views on the effect of COVID-19, saying roaming will clearly … Continue ReadingTurkcell: Take on COVID-19 impact
