Categories Economy HIGHLIGHTS Turkey’s producers’ price pressures keep building Güldem AtabayPosted on21 February, 2022 Turkey’s “non-domestic producer price index” (ND-PPI) increased by 96.44% annually and 3.25% off most in … Continue ReadingTurkey’s producers’ price pressures keep building
Categories Economy HIGHLIGHTS FT: Could President Erdoğan succeed in his plan to keep the lira steady in the months ahead? Güldem AtabayPosted on21 February, 2022 By Laura Pitel President Recep Tayyip Erdogan has hailed the recent period of calm in … Continue ReadingFT: Could President Erdoğan succeed in his plan to keep the lira steady in the months ahead?
Categories Economy HIGHLIGHTS With weak lira, Turkey woos foreign firms Güldem AtabayPosted on21 February, 2022 Turkey is seizing on its geographic advantage to woo companies as the skyrocketing cost of … Continue ReadingWith weak lira, Turkey woos foreign firms
Categories Economy HIGHLIGHTS NY Times: Soaring Energy Bills Deepen Crisis for Turks, and Erdogan Güldem AtabayPosted on21 February, 2022 It began with a few outraged customers posting photographs of their electricity bills to social … Continue ReadingNY Times: Soaring Energy Bills Deepen Crisis for Turks, and Erdogan
Categories Economy General HIGHLIGHTS Turkish consumer confidence slides as high inflation hits Güldem AtabayPosted on18 February, 2022 Turkey’s official consumer confidence index slid by 2.8% in February compared to the previous month … Continue ReadingTurkish consumer confidence slides as high inflation hits
Categories Economy Finance HIGHLIGHTS Turkish central bank leaves interest rates unchanged, TL remains vulnerable Güldem AtabayPosted on17 February, 2022 As widely expected, Turkish central bank (CBRT) kept its policy rate unchanged at 14%. The … Continue ReadingTurkish central bank leaves interest rates unchanged, TL remains vulnerable
Categories Economy HIGHLIGHTS Politics Youth in Turkey report: 73 percent want to live abroad Güldem AtabayPosted on16 February, 2022 Germany-based Konrad-Adenauer-Stiftung (KAS) Association has published its “Turkey Youth 2021 report” in Turkish and German. … Continue ReadingYouth in Turkey report: 73 percent want to live abroad
Categories Finance HIGHLIGHTS Erdoğan-led Turkey Wealth Fund injects 21.8 billion liras into Ziraat Bank Güldem AtabayPosted on16 February, 2022 The capital of Turkey’s Ziraat Bank will be raised to 34.9 billion liras ($2.57 billion) according … Continue ReadingErdoğan-led Turkey Wealth Fund injects 21.8 billion liras into Ziraat Bank
Categories Economy HIGHLIGHTS Turkish private sector’s external debt amounts $169 billion as of end-2021 Güldem AtabayPosted on16 February, 2022 The Turkish private sector’s outstanding foreign loans amounted to $169.4 billion as of the end … Continue ReadingTurkish private sector’s external debt amounts $169 billion as of end-2021
Categories Economy HIGHLIGHTS Turkey posts 30 billion lira budget surplus in January as tax revenue jumps on higher inflation Güldem AtabayPosted on15 February, 2022 Turkey reported a budget surplus of 30 billion liras ($2.2 billion) in January as business tax … Continue ReadingTurkey posts 30 billion lira budget surplus in January as tax revenue jumps on higher inflation
Categories General HIGHLIGHTS Politics Journalists sent back to jail after sentences upheld in Libya case Güldem AtabayPosted on15 February, 2022 After the Istanbul Regional Appeals Court upheld their convictions, journalists Barış Pehlivan, Murat Ağırel and … Continue ReadingJournalists sent back to jail after sentences upheld in Libya case
Categories HIGHLIGHTS Politics US urges Turkey to respect freedom of press after move against int’l news websites Güldem AtabayPosted on13 February, 2022 The United States has warned Turkey to respect freedom of the press after the country’s … Continue ReadingUS urges Turkey to respect freedom of press after move against int’l news websites
Categories HIGHLIGHTS Politics Ruling coalition files criminal complaint against journalist Ayşenur Arslan Güldem AtabayPosted on13 February, 2022 After the assassination of mob boss Halil Falyalı in Northern Cyprus this week, many questions … Continue ReadingRuling coalition files criminal complaint against journalist Ayşenur Arslan
Categories Economy HIGHLIGHTS Politics Turkey to Cut VAT on Staple Foods in Bid to Tame Inflation Güldem AtabayPosted on13 February, 2022 Turkey will reduce value-added tax on staple foods to 1% from 8% in an effort … Continue ReadingTurkey to Cut VAT on Staple Foods in Bid to Tame Inflation
Categories Economy HIGHLIGHTS Politics Turkish Opposition Agree on Roadmap for Parliament System Return Güldem AtabayPosted on13 February, 2022 Turkey’s opposition parties agreed on a roadmap to bring back the parliamentary system, blaming powers … Continue ReadingTurkish Opposition Agree on Roadmap for Parliament System Return
Categories Economy Finance HIGHLIGHTS Turkey Readies First Global Bond Sale Since Lira Implosion Güldem AtabayPosted on8 February, 2022 Turkey is preparing to return to global bond markets for the first time since the … Continue ReadingTurkey Readies First Global Bond Sale Since Lira Implosion
Categories Economy HIGHLIGHTS Turkey courts investors at London meeting, promises stable Lira with a bizarre “inflation” explanation Güldem AtabayPosted on8 February, 20228 February, 2022 Turkey expects the lira to remain around its current level after suffering a 44% slump … Continue ReadingTurkey courts investors at London meeting, promises stable Lira with a bizarre “inflation” explanation
Categories General Turkey is faced with a serious energy crisis Güldem AtabayPosted on7 February, 2022 The recent energy restrictions in Turkey were a result of the government’s energy policies and … Continue ReadingTurkey is faced with a serious energy crisis
Categories Economy HIGHLIGHTS Demonstrations in protest of massive electricity price hikes spread around Turkey Güldem AtabayPosted on7 February, 2022 Thousands of citizens throughout Turkey have been protesting against massive price hikes in electricity. Citizens … Continue ReadingDemonstrations in protest of massive electricity price hikes spread around Turkey
Categories Economy HIGHLIGHTS Politics Turkish parliament speaker claims Erdoğan can legally run for president again Güldem AtabayPosted on7 February, 2022 Turkish Parliament Speaker Mustafa Şentop has argued that it is legitimate for President Recep Tayyip … Continue ReadingTurkish parliament speaker claims Erdoğan can legally run for president again
