Categories HIGHLIGHTS Politics HDP likely to compete under sister party’s emblem Güldem AtabayPosted on15 March, 2023 HDP officials are set to announce that as a precaution not to be left out … Continue ReadingHDP likely to compete under sister party’s emblem
Categories Economy Finance HIGHLIGHTS Turkey Government Pushing Lenders to Cut Rates on Consumer Loans Güldem AtabayPosted on11 March, 2023 Turkey’s central bank is forcing commercial lenders to lower the interest rates they charge for … Continue ReadingTurkey Government Pushing Lenders to Cut Rates on Consumer Loans
Categories HIGHLIGHTS Politics Kılıçdaroğlu beats Erdoğan in election, survey shows Güldem AtabayPosted on7 March, 2023 Main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu is leading against President Recep Tayyip … Continue ReadingKılıçdaroğlu beats Erdoğan in election, survey shows
Categories Economy HIGHLIGHTS UN: Earthquake damage in Turkey set to exceed $100 billion Güldem AtabayPosted on7 March, 2023 The figure is being used as a basis for a donor conference to mobilize funds … Continue ReadingUN: Earthquake damage in Turkey set to exceed $100 billion
Categories HIGHLIGHTS Politics HDP co-chair Sancar invites Kilicdaroglu to meeting Güldem AtabayPosted on6 March, 2023 After opposition bloc announced its nomination of CHP leader Kilicdaroglu for president, HDP co-chair Sancar … Continue ReadingHDP co-chair Sancar invites Kilicdaroglu to meeting
Categories Economy HIGHLIGHTS Politics Opposition block back together again: Presidential candidate of opposition block is Kilicdaroglu Güldem AtabayPosted on6 March, 2023 Following a five-hour meeting of six party leaders, main opposition’s leader Kemal Kilicdaroglu has been … Continue ReadingOpposition block back together again: Presidential candidate of opposition block is Kilicdaroglu
Categories Economy HIGHLIGHTS Politics A post-Erdogan Turkey could come in from the cold Güldem AtabayPosted on2 March, 2023 Noting that Erdogan has lost popularity since the earthquakes, a new Reuters article highlights possible … Continue ReadingA post-Erdogan Turkey could come in from the cold
Categories HIGHLIGHTS Politics Prominent pollster sees little chance for Erdogan’s victory Güldem AtabayPosted on2 March, 2023 The former head of the Konda polling institute, Bekir Agirdir said President Tayyip Erdogan still … Continue ReadingProminent pollster sees little chance for Erdogan’s victory
Categories HIGHLIGHTS Politics Poll shows Erdogan’s AKP below 30 percent Güldem AtabayPosted on2 March, 2023 A poll conducted in 45 provinces, involving nearly 5,000 people, found that voter support for … Continue ReadingPoll shows Erdogan’s AKP below 30 percent
Categories Economy HIGHLIGHTS Markets Politics Goldman warns of possible currency market turbulence in Turkey ahead of elections Güldem AtabayPosted on2 March, 2023 The Wall Street bank Goldman Sachs said problems could arise in foreign exchange markets in … Continue ReadingGoldman warns of possible currency market turbulence in Turkey ahead of elections
Categories Economy HIGHLIGHTS Chamber of commerce reports Istanbul inflation rate as 79 percent Güldem AtabayPosted on1 March, 2023 Ahead of the nationwide inflation data to be released by the government-run Turkish Statistical Institute … Continue ReadingChamber of commerce reports Istanbul inflation rate as 79 percent
Categories Economy HIGHLIGHTS Turkey’s Manufacturing sector PMI holds at 50.1 in February Güldem AtabayPosted on1 March, 2023 February’s earthquake impacted operations in the Turkish manufacturing sector during the month, as outlined by … Continue ReadingTurkey’s Manufacturing sector PMI holds at 50.1 in February
Categories Economy HIGHLIGHTS Turkey: fourth-quarter GDP growth driven by domestic demand Güldem AtabayPosted on28 February, 2023 Turkish GDP in the final quarter of 2022 was driven by robust private consumption, while … Continue ReadingTurkey: fourth-quarter GDP growth driven by domestic demand
Categories HIGHLIGHTS Markets Turkey’s Sovereign Fund Allots at Least $1 Billion to Boost Stock-Market Heavyweights Güldem AtabayPosted on27 February, 2023 As reported by Bloomberg, Turkey’s sovereign wealth fund plans to channel cash into the nation’s … Continue ReadingTurkey’s Sovereign Fund Allots at Least $1 Billion to Boost Stock-Market Heavyweights
Categories HIGHLIGHTS Politics Turkey’s NATO talks with Sweden and Finland to resume on March 9 Güldem AtabayPosted on27 February, 2023 Turkish Foreign Minister Mevlut Cavusoglu said on Monday that talks with Sweden and Finland regarding … Continue ReadingTurkey’s NATO talks with Sweden and Finland to resume on March 9
Categories Economy Finance General HIGHLIGHTS Turkey’s State-Backed Markets Have Few Charms for Foreigners Güldem AtabayPosted on21 February, 2023 Before last week, the stock market was one of Turkey’s last economic pillars that was … Continue ReadingTurkey’s State-Backed Markets Have Few Charms for Foreigners
Categories Economy HIGHLIGHTS Politics Turkish President Erdoğan’s grip on power threatened by devastating earthquake Güldem AtabayPosted on19 February, 2023 The earthquake that struck Turkey on Feb. 6, 2023, is first and foremost a human tragedy, one … Continue ReadingTurkish President Erdoğan’s grip on power threatened by devastating earthquake
Categories Economy HIGHLIGHTS Earthquakes Weigh on Turkey’s Already Struggling Economy Güldem AtabayPosted on19 February, 2023 The earthquakes that devastated Turkey and Syria last week are heaping new stresses on the … Continue ReadingEarthquakes Weigh on Turkey’s Already Struggling Economy
Categories Economy Finance HIGHLIGHTS Politics Turkey earthquake: World Bank estimated making homes safe would cost $465bn Güldem AtabayPosted on19 February, 2023 The World Bank estimated in 2021 that retrofitting or rebuilding millions of residential buildings in Turkey to … Continue ReadingTurkey earthquake: World Bank estimated making homes safe would cost $465bn
Categories Economy Finance HIGHLIGHTS Central bank imposes more restrictions on currency transactions Güldem AtabayPosted on16 February, 202316 February, 2023 As reported by Bloomberg the Turkish central bank has asked local banks to make forward … Continue ReadingCentral bank imposes more restrictions on currency transactions