Categories Economy HIGHLIGHTS Politics Turkey Dollar Sales to State Energy Firm Hit Record in January Güldem AtabayPosted on7 February, 2022 The Turkish central bank’s foreign currency sales to state-run energy importer Botas hit a record, … Continue ReadingTurkey Dollar Sales to State Energy Firm Hit Record in January
Categories Economy General HIGHLIGHTS Turkish inflation surges to two-decade high of 48.7 percent Güldem AtabayPosted on3 February, 2022 Turkey’s consumer price inflation rate jumped to an annual 48.7 percent in January from 36.1 … Continue ReadingTurkish inflation surges to two-decade high of 48.7 percent
Categories Economy HIGHLIGHTS Turkey trade deficit triples in January amidst 55 percent jump in imports Güldem AtabayPosted on2 February, 2022 Turkey’s trade deficit more than tripled in January. The trade deficit widened to $10.4 billion from … Continue ReadingTurkey trade deficit triples in January amidst 55 percent jump in imports
Categories HIGHLIGHTS Politics Arrested ISIS leader in Turkey confesses plans to attack opposition leaders, LGBTI+s, tourists Güldem AtabayPosted on2 February, 2022 The Ankara Chief Public Prosecutor’s Office has filed a case against Kasım Güler, who was … Continue ReadingArrested ISIS leader in Turkey confesses plans to attack opposition leaders, LGBTI+s, tourists
Categories Economy HIGHLIGHTS January PMI signals sharp slowdown in the manufacturing sector as high inflation hits Güldem AtabayPosted on1 February, 2022 The January PMI data for the Turkish manufacturing sector weakening to 50,5 showed the slowing … Continue ReadingJanuary PMI signals sharp slowdown in the manufacturing sector as high inflation hits
Categories Economy HIGHLIGHTS Politics Further cabinet shuffle in the cards for Erdoğan’s government Güldem AtabayPosted on1 February, 2022 Four more ministers in Turkish President Recep Tayyip Erdoğan’s cabinet may leave their seats after … Continue ReadingFurther cabinet shuffle in the cards for Erdoğan’s government
Categories Economy HIGHLIGHTS Turkey’s minimum wage approaching starvation line Güldem AtabayPosted on1 February, 2022 The gap in Turkey between the minimum wage and starvation line has almost almost completely … Continue ReadingTurkey’s minimum wage approaching starvation line
Categories Economy HIGHLIGHTS Turkish central bank to set interest rates on dollar-linked deposits Güldem AtabayPosted on1 February, 2022 Turkey’s central bank will set maximum interest rates to be charged by banks on dollar-linked … Continue ReadingTurkish central bank to set interest rates on dollar-linked deposits
Categories Economy HIGHLIGHTS Istanbul inflation surges to 19-year high to 50.9 percent Güldem AtabayPosted on1 February, 2022 Inflation in Istanbul announced by the Istanbul Chamber of Commerce (ITO) showed January 2022 Wage Earners’ … Continue ReadingIstanbul inflation surges to 19-year high to 50.9 percent
Categories HIGHLIGHTS Politics Al-Monitor: Can Israeli gas bridge Turkey-Israel rift? Güldem AtabayPosted on24 January, 2022 Turkish President Recep Tayyip Erdogan has raised the prospect of normalizing ties with Israel, saying … Continue ReadingAl-Monitor: Can Israeli gas bridge Turkey-Israel rift?
Categories Economy HIGHLIGHTS Politics Erdogan’s approval ratings up, as lira stabilises, yet still below 50 percent Güldem AtabayPosted on21 January, 202221 January, 2022 President Tayyip Erdogan’s approval rating rose 2.1 percentage points in January, a poll by Metropoll … Continue ReadingErdogan’s approval ratings up, as lira stabilises, yet still below 50 percent
Categories Economy HIGHLIGHTS Erdogan pledges to tackle record inflation in Turkey | DW News Güldem AtabayPosted on20 January, 2022 Turkish President Recep Tayyip Erdogan has pledged to bring down Turkey’s soaring inflation. Inflation jumped … Continue ReadingErdogan pledges to tackle record inflation in Turkey | DW News
Categories Economy Finance HIGHLIGHTS Turkish bank employees compelled to boost lira-defence scheme Güldem AtabayPosted on19 January, 2022 Turkey’s big state banks have set employee performance targets as they urge clients to convert … Continue ReadingTurkish bank employees compelled to boost lira-defence scheme
Categories Economy HIGHLIGHTS Politics Turkey’s Erdogan Shifts Tone to Signal Slower, Gradual Rate Cuts Güldem AtabayPosted on18 January, 2022 Turkey’s President Recep Tayyip Erdogan said borrowing costs will fall slowly and gradually, pulling back … Continue ReadingTurkey’s Erdogan Shifts Tone to Signal Slower, Gradual Rate Cuts
Categories Economy HIGHLIGHTS Politics Bloomberg: Turkey Can’t Defy the Laws of Economic Gravity Güldem AtabayPosted on18 January, 202218 January, 2022 President Recep Tayyip Erdogan of Turkey has spent much of the past year seeking and failing … Continue ReadingBloomberg: Turkey Can’t Defy the Laws of Economic Gravity
Categories Economy HIGHLIGHTS Crash of Turkey’s lira puts poor on the brink of existence | Focus on Europe-DW News Güldem AtabayPosted on16 January, 2022 Turkey’s economy is currently experiencing a rapid crash. The Turkish lira is losing value almost … Continue ReadingCrash of Turkey’s lira puts poor on the brink of existence | Focus on Europe-DW News
Categories Economy HIGHLIGHTS Politics Halkbank prosecution on hold for appeal from U.S. Supreme Court Güldem AtabayPosted on16 January, 2022 The 2nd U.S. Circuit Court of Appeals in Manhattan put the U.S. government’s prosecution of … Continue ReadingHalkbank prosecution on hold for appeal from U.S. Supreme Court
Categories Economy HIGHLIGHTS Politics 4.3 percent of Turkey’s undecided voters shifted back towards ruling AKP – pollster Güldem AtabayPosted on16 January, 2022 Turkey’s ruling Justice and Development Party (AKP) is recovering part of the vote it lost … Continue Reading4.3 percent of Turkey’s undecided voters shifted back towards ruling AKP – pollster
Categories General HIGHLIGHTS Politics Turkey launches first intelligence-gathering ship amid eastern Mediterranean tensions Güldem AtabayPosted on16 January, 2022 Turkey’s first intelligence-gathering ship TCG Ufuk entered service on Friday, with President Recep Tayyip Erdogan saying … Continue ReadingTurkey launches first intelligence-gathering ship amid eastern Mediterranean tensions
Categories Economy HIGHLIGHTS Erdogan vows to tame Turkish inflation as scepticism grows Güldem AtabayPosted on12 January, 2022 President Tayyip Erdogan promised on Wednesday to tame Turkey’s surging inflation, which hit 36% last … Continue ReadingErdogan vows to tame Turkish inflation as scepticism grows
