Categories Economy HIGHLIGHTS Prof. Fatih Özatay: Mistakes made in the fight against inflation Güldem AtabayPosted on6 November, 2024 TurkStat announced October inflation: 48.6 percent annually and 2.88 percent monthly. The Istanbul Chamber of … Continue ReadingProf. Fatih Özatay: Mistakes made in the fight against inflation
Categories HIGHLIGHTS Politics What are the consequences of Bahçeli’s summoning Öcalan to the Parliament? Güldem AtabayPosted on22 October, 2024 The recent statements by MHP leader Devlet Bahçeli have brought renewed attention to the imprisoned … Continue ReadingWhat are the consequences of Bahçeli’s summoning Öcalan to the Parliament?
Categories Economy HIGHLIGHTS Politics Halkbank decision announced in the US: Immunity request rejected Güldem AtabayPosted on22 October, 2024 US appeals court rejects Halkbank’s immunity request. Hearings will begin after this. A US appeals … Continue ReadingHalkbank decision announced in the US: Immunity request rejected
Categories Economy General HIGHLIGHTS Politics Fethullah Gülen Dies in the United States Amid Allegations of Internal Strife Güldem AtabayPosted on21 October, 2024 Fethullah Gülen, the controversial cleric and leader of the Gülen movement, has reportedly passed away … Continue ReadingFethullah Gülen Dies in the United States Amid Allegations of Internal Strife
Categories Economy HIGHLIGHTS Politics Murat Yetkin: New Details on the Neonatal Operation- A Flawed Health System Exposed Güldem AtabayPosted on21 October, 202421 October, 2024 The ongoing investigation into the neonatal operation has revealed disturbing truths about the inadequacies and … Continue ReadingMurat Yetkin: New Details on the Neonatal Operation- A Flawed Health System Exposed
Categories HIGHLIGHTS Politics Main opposition CHP chairman meets with Kurdish HDP co-chair Selahattin Demirtaş at Edirne Prison Güldem AtabayPosted on21 October, 2024 CHP Chairman Özgür Özel visited former HDP co-chair Selahattin Demirtaş at Edirne Prison, where they … Continue ReadingMain opposition CHP chairman meets with Kurdish HDP co-chair Selahattin Demirtaş at Edirne Prison
Categories General Mehmet Simsek highlights from his Gulf tour Güldem AtabayPosted on17 October, 2024 Treasury and Finance Minister Mehmet Şimşek made important statements on the economic agenda on NTV … Continue ReadingMehmet Simsek highlights from his Gulf tour
Categories Economy HIGHLIGHTS Debate over the minimum wage is intensifying once again Güldem AtabayPosted on15 October, 202415 October, 2024 Turkey’s minimum wage of 17,002 lira is below even the hunger limit. The AKP government, … Continue ReadingDebate over the minimum wage is intensifying once again
Categories Economy HIGHLIGHTS Istanbul’s inflation with 3,9 percent increase in September defies central banks path Güldem AtabayPosted on1 October, 20241 October, 2024 According to Istanbul Chamber of Commerce (ITO) data, retail prices increased by 3.9 percent in … Continue ReadingIstanbul’s inflation with 3,9 percent increase in September defies central banks path
Categories Economy HIGHLIGHTS Politics Murat Yetkin: Designated most important agenda item in Turkish politics Güldem AtabayPosted on26 September, 2024 Republican People’s Party (CHP) Ankara Metropolitan Mayor Mansur Yavaş reacted to the “presidential rivalry within … Continue ReadingMurat Yetkin: Designated most important agenda item in Turkish politics
Categories Economy Finance HIGHLIGHTS Politics Simsek tells foreign investors that tight fiscal policy will play a decisive role in the disinflation process Güldem AtabayPosted on25 September, 2024 Turkey’s Finance Minister, Mehmet Simsek, informed investors during a New York meeting that a strict … Continue ReadingSimsek tells foreign investors that tight fiscal policy will play a decisive role in the disinflation process
Categories Economy Finance HIGHLIGHTS Household inflation expectations declined a notch yet still unanchored to inflation target Güldem AtabayPosted on25 September, 2024 The Central Bank of the Republic of Turkey (CBRT) survey results showed that households’ inflation … Continue ReadingHousehold inflation expectations declined a notch yet still unanchored to inflation target
Categories Economy HIGHLIGHTS OECD cuts growth forecast for Turkey Güldem AtabayPosted on25 September, 2024 The Organization for Economic Cooperation and Development (OECD) published the “Interim Economic Outlook” report, in … Continue ReadingOECD cuts growth forecast for Turkey
Categories Economy Finance HIGHLIGHTS Fitch announced its forecast: When will the Turkish Central Bank cut interest rates? Güldem AtabayPosted on25 September, 2024 Erich Arispe Morales, Senior Director and Turkey Analyst at international credit rating agency Fitch Ratings, … Continue ReadingFitch announced its forecast: When will the Turkish Central Bank cut interest rates?
Categories Economy Finance Markets CBRT’s reserve requirement change for TL deposits – one step closer to normalization Güldem AtabayPosted on21 September, 202421 September, 2024 The CBRT changed the reserve requirement ratios for Turkish lira (TL) and foreign currency (FX) … Continue ReadingCBRT’s reserve requirement change for TL deposits – one step closer to normalization
Categories Economy Finance HIGHLIGHTS BRSA loosens lending: Additional restrictions lifted Güldem AtabayPosted on21 September, 2024 The Banking Regulation and Supervision Agency (BRSA) removed the additional risk weights applied to personal … Continue ReadingBRSA loosens lending: Additional restrictions lifted
Categories Economy HIGHLIGHTS Turkish consumer confidence rises to four month high Güldem AtabayPosted on20 September, 2024 Turkish Statistical Institute (TurkStat) announced the consumer confidence index for September. Accordingly, the consumer confidence … Continue ReadingTurkish consumer confidence rises to four month high
Categories Economy General HIGHLIGHTS The power and authority debate in the AKP: The Palace- Party struggle Güldem AtabayPosted on20 September, 2024 Gazete Pencere columnist and journalist Nuray Babacan continues to report news from inside the AKP. … Continue ReadingThe power and authority debate in the AKP: The Palace- Party struggle
Categories Economy Finance HIGHLIGHTS Markets Turkey’s central bank holds rates steady, opting for a cautious wait-and-see approach ahead of rate cuts Güldem AtabayPosted on19 September, 2024 Turkey’s central bank, the CBRT, kept its policy rate unchanged at its Monetary Policy Committee … Continue ReadingTurkey’s central bank holds rates steady, opting for a cautious wait-and-see approach ahead of rate cuts
Categories Economy Finance General HIGHLIGHTS Frequent changes in inflation targets undermine the credibility of Turkey’s monetary policy Güldem AtabayPosted on17 September, 2024 In the 13th issue of the Monetary Policy Assessment Note, which is published regularly by … Continue ReadingFrequent changes in inflation targets undermine the credibility of Turkey’s monetary policy
