Categories Economy HIGHLIGHTS Politics Halkbank decision announced in the US: Immunity request rejected Güldem AtabayPosted on22 October, 2024 US appeals court rejects Halkbank’s immunity request. Hearings will begin after this. A US appeals … Continue ReadingHalkbank decision announced in the US: Immunity request rejected
Categories Economy General HIGHLIGHTS Politics Fethullah Gülen Dies in the United States Amid Allegations of Internal Strife Güldem AtabayPosted on21 October, 2024 Fethullah Gülen, the controversial cleric and leader of the Gülen movement, has reportedly passed away … Continue ReadingFethullah Gülen Dies in the United States Amid Allegations of Internal Strife
Categories Economy HIGHLIGHTS Politics Murat Yetkin: New Details on the Neonatal Operation- A Flawed Health System Exposed Güldem AtabayPosted on21 October, 202421 October, 2024 The ongoing investigation into the neonatal operation has revealed disturbing truths about the inadequacies and … Continue ReadingMurat Yetkin: New Details on the Neonatal Operation- A Flawed Health System Exposed
Categories Economy HIGHLIGHTS World Bank optimistic about Turkish economy in 2025 Cem CetingucPosted on18 October, 2024 The normalization of monetary and fiscal policies in Türkiye is helping to restore macroeconomic stability as inflation pressures gradually … Continue ReadingWorld Bank optimistic about Turkish economy in 2025
Categories Economy HIGHLIGHTS CBRT keeps rate on hold for seventh straight month Cem CetingucPosted on17 October, 2024 As widely expected, Türkiye’s Central Bank has extended its interest-rate pause for a seventh straight month. The bank … Continue ReadingCBRT keeps rate on hold for seventh straight month
Categories Economy HIGHLIGHTS Debate over the minimum wage is intensifying once again Güldem AtabayPosted on15 October, 202415 October, 2024 Turkey’s minimum wage of 17,002 lira is below even the hunger limit. The AKP government, … Continue ReadingDebate over the minimum wage is intensifying once again
Categories Economy HIGHLIGHTS What did Nobel prize winner say about Turkish economy’s current state? Cem CetingucPosted on15 October, 202415 October, 2024 ISTANBUL, Feb 28 (Reuters) – (This story is from February 28th, and has repeated with … Continue ReadingWhat did Nobel prize winner say about Turkish economy’s current state?
Categories Economy HIGHLIGHTS Middle East tensions, austerity drive to curtail Turkish GDP growth Atilla YeşiladaPosted on15 October, 2024 Heightened tensions in the Middle East will hinder Türkiye’s efforts to get its ailing economy … Continue ReadingMiddle East tensions, austerity drive to curtail Turkish GDP growth
Categories Economy HIGHLIGHTS Credit card users move to reduce limits amid AKP’s new legislative proposal Cem CetingucPosted on15 October, 2024 Reuters-Turkish citizens have been trying to lower their credit card limits, bankers said, after President … Continue ReadingCredit card users move to reduce limits amid AKP’s new legislative proposal
Categories Atilla Yeşilada Economy HIGHLIGHTS Atilla Yesilada video: Turkish economy sailing into perfect storm | Atilla YeşiladaPosted on14 October, 2024 The performance of the Turkish economy improved vastly, since Mehmet Simsek was appointed … Continue ReadingAtilla Yesilada video: Turkish economy sailing into perfect storm |
Categories Economy HIGHLIGHTS TURKEY: Large current account surplus in August Cem CetingucPosted on14 October, 2024 Turkey’s current account recorded a large surplus in August, while the 12-month rolling deficit plunged … Continue ReadingTURKEY: Large current account surplus in August
Categories Economy HIGHLIGHTS A rare piece of good news: Turkey’s current account deficit shrinks to 1% of GDP Atilla YeşiladaPosted on13 October, 2024 While Mehmet Simsek’s economic stabilization program is yet to achieve any significant progress in terms … Continue ReadingA rare piece of good news: Turkey’s current account deficit shrinks to 1% of GDP
Categories Economy General HIGHLIGHTS IMF on TURKEY: Slower growth, disinflation on the horizon, but many downside risks to economic stability Atilla YeşiladaPosted on12 October, 202412 October, 2024 IMF Executive Board concluded 2024 Article IV Consultation with Türkiye on 27 September, the findings … Continue ReadingIMF on TURKEY: Slower growth, disinflation on the horizon, but many downside risks to economic stability
Categories Economy HIGHLIGHTS Turkey posts significant current account surplus in August Cem CetingucPosted on11 October, 2024 Turkey’s current account recorded a large surplus in August, while the 12-month rolling deficit plunged … Continue ReadingTurkey posts significant current account surplus in August
Categories Economy HIGHLIGHTS Wells Fargo offers contrarian economic forecast for Turkey in 2025 Cem CetingucPosted on10 October, 2024 Brendan McKenna, an economist at Wells Fargo, offered his perspectives on Türkiye’s economy during his appearance on Bloomberg … Continue ReadingWells Fargo offers contrarian economic forecast for Turkey in 2025
Categories Economy HIGHLIGHTS Türkiye Economic Outlook by Garanti BBVA Atilla YeşiladaPosted on9 October, 2024 Restrictive monetary policy and tight financial conditions lead output gap to turn into negative in … Continue ReadingTürkiye Economic Outlook by Garanti BBVA
Categories Economy HIGHLIGHTS Markets Eurostat: Turkey leads Europe regarding ‘income inequality’ Cem CetingucPosted on8 October, 2024 According to Eurostat data, the richest 1 per cent of the population in Turkey own … Continue ReadingEurostat: Turkey leads Europe regarding ‘income inequality’
Categories Economy HIGHLIGHTS Experts warn the government: The war against inflation is not being won Atilla YeşiladaPosted on5 October, 2024 Turkey has experienced spiraling inflation the past two years, peaking at an annual rate of … Continue ReadingExperts warn the government: The war against inflation is not being won
Categories Economy HIGHLIGHTS Markets Citigroup reports international investors avoiding Turkey due to ‘overvalued’ TL: Bloomberg” Cem CetingucPosted on4 October, 20244 October, 2024 The relative strength of Turkey’s lira may be holding back major portfolio inflows even after … Continue ReadingCitigroup reports international investors avoiding Turkey due to ‘overvalued’ TL: Bloomberg”
Categories Economy HIGHLIGHTS Inflation outlook: So bad, rate cut expectations may be postponed, CBRT forced to hike its CPI projections Atilla YeşiladaPosted on3 October, 2024 September CPI inflation rate came in at 2.97% MoM, while the annual CPI inflation rate … Continue ReadingInflation outlook: So bad, rate cut expectations may be postponed, CBRT forced to hike its CPI projections
