Categories Economy HIGHLIGHTS March Consumer Confidence Index at 2,5 year peak- heavenly Güldem AtabayPosted on24 March, 2021 Turkey Statistical Institute (TURSTAT) added one more to its controversial data stream this morning. Accordingly, … Continue ReadingMarch Consumer Confidence Index at 2,5 year peak- heavenly
Categories Economy HIGHLIGHTS Politics Sinan Ulgen*: The Politics Behind Erdogan’s Central Bank Decision Güldem AtabayPosted on23 March, 202123 March, 2021 On the same day that Turkey’s President Recep Tayyip Erdogan sacked Naci Agbal, his third central … Continue ReadingSinan Ulgen*: The Politics Behind Erdogan’s Central Bank Decision
Categories Economy HIGHLIGHTS Erdogan May Reshuffle Turkish Cabinet Soon, His Party Says Güldem AtabayPosted on23 March, 2021 President Recep Tayyip Erdogan may reshuffle Turkey’s government soon, a deputy chairman of the governing party said … Continue ReadingErdogan May Reshuffle Turkish Cabinet Soon, His Party Says
Categories Economy HIGHLIGHTS Turkish markets on fire as Erdoğan adviser Bulut takes the scene Güldem AtabayPosted on23 March, 2021 Yigit Bulut, President Erdogan’s senior economic adviser claimed Turkish locals sold USD 7.0 billion in … Continue ReadingTurkish markets on fire as Erdoğan adviser Bulut takes the scene
Categories Economy HIGHLIGHTS Turkish lira plunges 13% in early trade after Erdogan ousts central bank governor Güldem AtabayPosted on21 March, 2021 Turkey’s lira tumbled 13% in early Asia trade on Monday, touching November levels, after President … Continue ReadingTurkish lira plunges 13% in early trade after Erdogan ousts central bank governor
Categories Economy HIGHLIGHTS State-run Halkbank to restructure debts of tradesmen Güldem AtabayPosted on19 March, 2021 Trade Minister Ruhsar Pekcan announced from her twitter account that state-run lender Halkbank will restructure the … Continue ReadingState-run Halkbank to restructure debts of tradesmen
Categories HIGHLIGHTS Politics Turkish prosecutor seeks political ban on 687 pro-Kurdish politicians Güldem AtabayPosted on18 March, 2021 The indictment prepared for the closure of the pro-Kurdish Peoples’ Democratic Party (HDP), the Turkish … Continue ReadingTurkish prosecutor seeks political ban on 687 pro-Kurdish politicians
Categories Economy HIGHLIGHTS Markets Turkey’s central bank: Brave 200 basis points rate hike to 19 percent Güldem AtabayPosted on18 March, 2021 The Monetary Policy Committee (MPC) has decided to increase the policy rate (one-week repo auction … Continue ReadingTurkey’s central bank: Brave 200 basis points rate hike to 19 percent
Categories Economy HIGHLIGHTS Turkey to Forgo New Samurai Bond Sale for Now as Note Matures/Rating score a problem Güldem AtabayPosted on18 March, 2021 Turkey is not planning to offer any fresh yen-denominated bonds for the moment, according to … Continue ReadingTurkey to Forgo New Samurai Bond Sale for Now as Note Matures/Rating score a problem
Categories Economy HIGHLIGHTS Politics Murat Yetkin: HDP closure case in Turkey: is this a democracy reform? Güldem AtabayPosted on17 March, 2021 Hours after the removal of one of its MPs, Ömer Faruk Gergerlioğlu from the parliament … Continue ReadingMurat Yetkin: HDP closure case in Turkey: is this a democracy reform?
Categories Economy HIGHLIGHTS Politics Top appeals court launches lawsuit for Pro-Kurdish HDP’s closure Güldem AtabayPosted on17 March, 2021 The chief public prosecutor’s office of the Court of Cassation launched a lawsuit with the Constitutional … Continue ReadingTop appeals court launches lawsuit for Pro-Kurdish HDP’s closure
Categories Economy HIGHLIGHTS Politics Turkey’s justice system down one more grade: AKP-MHP strips pro-Kurdish legislator of seat in parliament Güldem AtabayPosted on17 March, 2021 In the latest crackdown on Turkey’s pro-Kurdish opposition party, Turkey on Wednesday stripped a prominent … Continue ReadingTurkey’s justice system down one more grade: AKP-MHP strips pro-Kurdish legislator of seat in parliament
Categories Economy HIGHLIGHTS Turkey’s short term external debt on the rise: USD 190 bn to pay in the year ahead Güldem AtabayPosted on17 March, 2021 According to the Central Bank data announced today Turkey’s total short-term external debt (original maturity … Continue ReadingTurkey’s short term external debt on the rise: USD 190 bn to pay in the year ahead
Categories HIGHLIGHTS Politics HRW: Don’t Expel Opposition Deputy from Parliament Güldem AtabayPosted on16 March, 2021 Any move by Turkey’s parliament to use an opposition politician’s wrongful conviction for a social media post … Continue ReadingHRW: Don’t Expel Opposition Deputy from Parliament
Categories Economy General HIGHLIGHTS Covid cases reach highest this year; no new measures Güldem AtabayPosted on16 March, 2021 Turkey recorded 15,503 new coronavirus cases on March 15, the highest daily rise this year. … Continue ReadingCovid cases reach highest this year; no new measures
Categories Economy HIGHLIGHTS Politics S-400: NATO-Stoltenberg says Turkey have serious differences Güldem AtabayPosted on16 March, 2021 NATO Secretary General Jens Stoltenberg said on March 15 he has “serious concerns” over actions … Continue ReadingS-400: NATO-Stoltenberg says Turkey have serious differences
Categories Economy HIGHLIGHTS Finance Minister to meet with investors, EU ambassadors to discuss economic measures Güldem AtabayPosted on16 March, 202116 March, 2021 Turkey’s President Erdogan announced the new economic “reform” measures last Friday. The package was not … Continue ReadingFinance Minister to meet with investors, EU ambassadors to discuss economic measures
Categories Economy Güldem Atabay HIGHLIGHTS Turkey bars companies from laying off workers for another two months Güldem AtabayPosted on9 March, 202115 March, 2021 President Erdogan extended a ban on firms laying off workers, a measure first implemented after … Continue ReadingTurkey bars companies from laying off workers for another two months
Categories Economy HIGHLIGHTS Politics Albayrak reshuffle continues: TWF Fund Chief to resign too Güldem AtabayPosted on8 March, 202115 March, 2021 The chief executive of Turkey’s sovereign wealth fund is set to step down, according to … Continue ReadingAlbayrak reshuffle continues: TWF Fund Chief to resign too
Categories Finance General HIGHLIGHTS Markets Inflation scare: Turkish central bank raises FX RR ratio by 300 bps implying no rate cut this week Güldem AtabayPosted on18 July, 202018 July, 2020 As per the central bank announcement today, FX reserve requirement ratios have been increased by … Continue ReadingInflation scare: Turkish central bank raises FX RR ratio by 300 bps implying no rate cut this week
