Categories Economy HIGHLIGHTS Turkish Statistical Institute denies entry to main opposition CHP leader Kılıçdaroğlu Güldem AtabayPosted on3 December, 2021 Turkey’s state-run statistics office (TÜİK) has not allowed main opposition Republican People’s Party (CHP) leader … Continue ReadingTurkish Statistical Institute denies entry to main opposition CHP leader Kılıçdaroğlu
Categories Economy HIGHLIGHTS Independent research group calculates November inflation three times that of the official figure Güldem AtabayPosted on3 December, 20213 December, 2021 Established by a group of academics and announcing alternative inflation rates in Turkey using official … Continue ReadingIndependent research group calculates November inflation three times that of the official figure
Categories Economy HIGHLIGHTS Turkish Central Bank chief signals rate-cut pause in January Güldem AtabayPosted on2 December, 2021 Turkey’s Central Bank chief signaled on Dec. 2 that aggressive policy easing will likely pause … Continue ReadingTurkish Central Bank chief signals rate-cut pause in January
Categories Economy HIGHLIGHTS Why is Turkey’s lira crashing and will currency crisis worsen? Güldem AtabayPosted on2 December, 2021 Once again, Turkey is in the throes of a currency crisis. The lira has lost … Continue ReadingWhy is Turkey’s lira crashing and will currency crisis worsen?
Categories Economy General HIGHLIGHTS Markets Central bank intervenes Turkish lira following another sudden crash Güldem AtabayPosted on2 December, 2021 Turkey’s central bank to support the sinking lira, directly intervened the foreign-exchange markets for the … Continue ReadingCentral bank intervenes Turkish lira following another sudden crash
Categories Economy HIGHLIGHTS Lira sinks as Powell announces plans for faster tapering Güldem AtabayPosted on30 November, 202130 November, 2021 Turkish Lira sank to another record low level following Fed Chair Powell declared intentions for … Continue ReadingLira sinks as Powell announces plans for faster tapering
Categories Economy HIGHLIGHTS Turkey’s wonderful GDP growth… Güldem AtabayPosted on30 November, 202130 November, 2021 Turkey posted 7.4%, yoy GDP growth in Q321 and 2.7% qoq expansion when adjusted for … Continue ReadingTurkey’s wonderful GDP growth…
Categories Economy General HIGHLIGHTS Turkey’s foreign trade keeps narrowing; October figures imply USD 3 bn CA surplus Güldem AtabayPosted on29 November, 2021 Turkey’s October exports posted 20.1% increase to USD 20.8 billion while the import growth was … Continue ReadingTurkey’s foreign trade keeps narrowing; October figures imply USD 3 bn CA surplus
Categories Economy HIGHLIGHTS Turkey’s economic confidence index slides Güldem AtabayPosted on29 November, 2021 Turkey’s official Economic confidence index slid by 2.0% in November from 101.4 in October to … Continue ReadingTurkey’s economic confidence index slides
Categories Economy Güldem Atabay HIGHLIGHTS Atabay: ‘Erdoganomics’ Is The Reason for Lira Losing Ground – Bloomberg Video Güldem AtabayPosted on29 November, 202129 November, 2021 Guldem Atabay, economist at Global Source Turkey and PATurkey columnist, discusses the sharp slump in … Continue ReadingAtabay: ‘Erdoganomics’ Is The Reason for Lira Losing Ground – Bloomberg Video
Categories Economy Emerging Markets General HIGHLIGHTS Politics Turkey’s currency crisis textbook monetary mismanagement Güldem AtabayPosted on29 November, 2021 Central banks around the globe are currently staring at inflation rates unseen in more than … Continue ReadingTurkey’s currency crisis textbook monetary mismanagement
Categories Economy HIGHLIGHTS Politics Erdoğan insists on interest rate cuts, says he studied economics Güldem AtabayPosted on29 November, 2021 President Erdoğan once again reiterated his unconventional hypothesis that reducing interest rates will lead to … Continue ReadingErdoğan insists on interest rate cuts, says he studied economics
Categories Economy General HIGHLIGHTS Turkish deputy minister expresses determination to continue policy of interest rate cuts Güldem AtabayPosted on26 November, 2021 Turkey is determined to continue a policy of interest rate cuts, and “manipulative attacks” on the … Continue ReadingTurkish deputy minister expresses determination to continue policy of interest rate cuts
Categories General HIGHLIGHTS Politics Istanbul court rules to keep Osman Kavala behind bars Güldem AtabayPosted on26 November, 2021 An Istanbul court on Nov. 26 ruled to keep philanthropist Osman Kavala in prison, after … Continue ReadingIstanbul court rules to keep Osman Kavala behind bars
Categories Economy Finance HIGHLIGHTS Turkish central bank, banks discuss rates after lira tumble Güldem AtabayPosted on26 November, 2021 Turkey’s central bank governor said he discussed recent interest rate cuts with bankers at a … Continue ReadingTurkish central bank, banks discuss rates after lira tumble
Categories Economy General HIGHLIGHTS Politics Turkish lira rebounds from record low: State banks run to the rescue while hopes for UAE money rise Güldem AtabayPosted on24 November, 2021 Turkey’s lira recovered as much as 7% on Wednesday from a historic slide to record … Continue ReadingTurkish lira rebounds from record low: State banks run to the rescue while hopes for UAE money rise
Categories Economy HIGHLIGHTS Politics IDEA report labels Turkey as a ‘hybrid regime’ Güldem AtabayPosted on24 November, 2021 Turkey has turned from a backsliding democracy to a hybrid regime, according to the 2021 report of … Continue ReadingIDEA report labels Turkey as a ‘hybrid regime’
Categories Economy HIGHLIGHTS Politics Opposition leaders slam Erdoğan as Turkish lira loses 10 percent in value in a day Güldem AtabayPosted on24 November, 2021 Speaking at his party’s parliamentary group meeting, main opposition Republican People’s Party (CHP) Chair … Continue ReadingOpposition leaders slam Erdoğan as Turkish lira loses 10 percent in value in a day
Categories Economy General HIGHLIGHTS Markets Politics Central bank announcement aids little to TL Güldem AtabayPosted on23 November, 202123 November, 2021 Turkish President Erdogan met with central bank Governor Kavcioglu in the afternoon of the worst … Continue ReadingCentral bank announcement aids little to TL
Categories Economy HIGHLIGHTS Politics Former ECHR judge: Turkey not releasing Kavala, Demirtaş may trigger expulsion Güldem AtabayPosted on22 November, 2021 The continued imprisonment of Turkish philanthropist Osman Kavala and Kurdish politician Selahattin Demirtaş may result … Continue ReadingFormer ECHR judge: Turkey not releasing Kavala, Demirtaş may trigger expulsion
