Categories Economy HIGHLIGHTS Politics Turkish Finance Minister rejects backdoor FX sales on Dec 20 when lira rebounded Güldem AtabayPosted on28 December, 2021 Turkey’s public banks or institutions did not sell dollars on the night of Dec. 20, … Continue ReadingTurkish Finance Minister rejects backdoor FX sales on Dec 20 when lira rebounded
Categories Economy HIGHLIGHTS Politics Ex-Central Bankers Among Turkey Lira Pundits Facing Lawsuit Güldem AtabayPosted on28 December, 2021 Turkey’s banking watchdog filed a criminal complaint against many individuals, including two former central bank … Continue ReadingEx-Central Bankers Among Turkey Lira Pundits Facing Lawsuit
Categories Economy HIGHLIGHTS Politics Turkish market for at-risk women at standstill after lira crash Güldem AtabayPosted on28 December, 2021 Hazal Tunc and her friends founded Turkey’s first women-only street market eight years ago to … Continue ReadingTurkish market for at-risk women at standstill after lira crash
Categories Economy HIGHLIGHTS Turkey’s state banks boosted lira rally after Erdogan rescue plan Güldem AtabayPosted on23 December, 2021 Turkey’s state banks aggressively sold dollars this week, boosting a rally in the lira after … Continue ReadingTurkey’s state banks boosted lira rally after Erdogan rescue plan
Categories Economy HIGHLIGHTS Politics Erdogan: I will act in line with Islamic teachings on interest rate Güldem AtabayPosted on19 December, 2021 President Erdogan pledged to continue interest rate cuts that have made the Turkish lira the … Continue ReadingErdogan: I will act in line with Islamic teachings on interest rate
Categories Economy Finance HIGHLIGHTS Erdogan says he can get inflation back to four percent despite freefall Güldem AtabayPosted on19 December, 2021 President Tayyip Erdogan said he is prepared to drastically decrease Turkey’s inflation amid annual price rises … Continue ReadingErdogan says he can get inflation back to four percent despite freefall
Categories Economy Finance General HIGHLIGHTS Politics Turkish minister to stress low rates policy to bankers after Erdoğan talks Güldem AtabayPosted on14 December, 2021 Turkish Treasury and Finance Minister Nureddin Nebati will meet with bankers in the coming days … Continue ReadingTurkish minister to stress low rates policy to bankers after Erdoğan talks
Categories Economy HIGHLIGHTS Politics Capital needs of Turkey’s state-run banks discussed at summit Güldem AtabayPosted on14 December, 2021 Turkish state-run banks’ capital needs were among the issues discussed at a meeting between President … Continue ReadingCapital needs of Turkey’s state-run banks discussed at summit
Categories Economy Finance General HIGHLIGHTS Markets Politics Turkish Central Bank intervenes again as Lira moves past 14 per Dollar; rate cut decision awaited Güldem AtabayPosted on13 December, 2021 Turkey’s lira tumbled past 14 to the dollar to 14.75 for the first time in … Continue ReadingTurkish Central Bank intervenes again as Lira moves past 14 per Dollar; rate cut decision awaited
Categories Economy Finance General HIGHLIGHTS Turkish Finance Minister: Market economy will prevail; “determined to not raise rates” Güldem AtabayPosted on13 December, 2021 Turkey’s new finance minister met with a group of businesspeople over the weekend to assure … Continue ReadingTurkish Finance Minister: Market economy will prevail; “determined to not raise rates”
Categories Economy Finance General HIGHLIGHTS Politics UBS Global Wealth Management discontinues coverage of TL Güldem AtabayPosted on13 December, 2021 Given the irrational economic policies of the AKP government that makes currency forecasting impossible on … Continue ReadingUBS Global Wealth Management discontinues coverage of TL
Categories Economy HIGHLIGHTS Politics Erdoğan deems social media a ‘threat to democracy’ Güldem AtabayPosted on12 December, 2021 President Recep Tayyip Erdoğan has deemed social media “one of the main sources of threats … Continue ReadingErdoğan deems social media a ‘threat to democracy’
Categories Economy HIGHLIGHTS Turkish grocery stores impose quotas on milk sales amid skyrocketing prices Güldem AtabayPosted on12 December, 2021 Some grocery stores in Turkey have started imposing quotas on milk sales amid skyrocketing prices, … Continue ReadingTurkish grocery stores impose quotas on milk sales amid skyrocketing prices
Categories Economy General HIGHLIGHTS Politics Turkey Nears Tipping Point: Capital Controls, Use of Reserves Unlikely to Prevent Lira Depreciation Güldem AtabayPosted on9 December, 2021 The government in Ankara has few options available so long as President Recep Tayyip Erdoğan … Continue ReadingTurkey Nears Tipping Point: Capital Controls, Use of Reserves Unlikely to Prevent Lira Depreciation
Categories Economy HIGHLIGHTS Politics The richest 10 percent captures 54 percent of Turkey’s total income Güldem AtabayPosted on8 December, 2021 Founded by economist Thomas Piketty, the Paris-based World Inequality Lab has released its World Inequality Report … Continue ReadingThe richest 10 percent captures 54 percent of Turkey’s total income
Categories Economy HIGHLIGHTS Politics Turkey’s Erdogan to Ignore European Rulings on Kavala, Demirtas Güldem AtabayPosted on8 December, 2021 Turkish President Erdogan vowed to ignore calls by Europe for the release of jailed businessman … Continue ReadingTurkey’s Erdogan to Ignore European Rulings on Kavala, Demirtas
Categories Economy HIGHLIGHTS Can China’s economic model really be an example for Turkey? Güldem AtabayPosted on7 December, 2021 As the value of the Turkish Lira plummets, President Recep Tayyip Erdoğan reportedly said at … Continue ReadingCan China’s economic model really be an example for Turkey?
Categories Economy HIGHLIGHTS Bloomberg analysis: Erdogan’s economic plan in five charts Güldem AtabayPosted on7 December, 2021 Bloomberg signed analysis point at how Turkey’s President Erdogan is pushing for lower borrowing costs … Continue ReadingBloomberg analysis: Erdogan’s economic plan in five charts
Categories Economy HIGHLIGHTS Moody’s revises up Turkey’s GDP forecast Güldem AtabayPosted on6 December, 2021 International credit rating agency Moody’s has revised up its Turkey growth forecast for this year from 9.2 percent … Continue ReadingMoody’s revises up Turkey’s GDP forecast
Categories Economy HIGHLIGHTS Council of Europe urges Turkey to ‘release Selahattin Demirtaş immediately’ Güldem AtabayPosted on6 December, 2021 The Committee of Ministers of the Council of Europe, which is responsible for overseeing the … Continue ReadingCouncil of Europe urges Turkey to ‘release Selahattin Demirtaş immediately’
