Categories Business Economy HIGHLIGHTS Prof Seda Demiralp: Economic turmoil has created an opening for Turkey’s opposition Atilla YeşiladaPosted on2 May, 2023 Seda Demiralp is an associate professor of international relations at Isik University in Istanbul. Turkey … Continue ReadingProf Seda Demiralp: Economic turmoil has created an opening for Turkey’s opposition
Categories Economy HIGHLIGHTS Politics How does the opposition plan to turn Turkey around? Atilla YeşiladaPosted on1 May, 2023 Turkey’s multi-faceted opposition alliance, the Nation Alliance, wants to undo President Recep Tayyip Erdogan’s two-decade … Continue ReadingHow does the opposition plan to turn Turkey around?
Categories Economy Finance HIGHLIGHTS CEO of İş Bankası: ‘Inflation problem will be around for a while’ Cem CetingucPosted on1 May, 20231 May, 2023 The CEO of İş Bankası, Hakan Aran, stated that the inflation problem cannot be resolved … Continue ReadingCEO of İş Bankası: ‘Inflation problem will be around for a while’
Categories Economy HIGHLIGHTS HYPED Turks reluctant to host guests during Eid holiday over economic concerns Cem CetingucPosted on26 April, 2023 Some 69 percent of the Turkish population said they could not set a rich iftar … Continue ReadingTurks reluctant to host guests during Eid holiday over economic concerns
Categories Economy General HIGHLIGHTS April sees 9.2 percent surge in Turkish consumer sentiment Cem CetingucPosted on26 April, 2023 Consumer sentiment in Turkey rose 9.2% to 87.5 points in April, official data showed on … Continue ReadingApril sees 9.2 percent surge in Turkish consumer sentiment
Categories Economy HIGHLIGHTS Politics Turkish Lira Hits All-Time Low Ahead of Elections Cem CetingucPosted on24 April, 2023 The Turkish lira fell to an all-time low against the US dollar on Tuesday as … Continue ReadingTurkish Lira Hits All-Time Low Ahead of Elections
Categories Economy HIGHLIGHTS Politics Refugee Crisis Dominates Turkey’s Election Agenda Cem CetingucPosted on24 April, 2023 Turkey has taken in about 5.5 million refugees, many of them Syrians. Ahead of the … Continue ReadingRefugee Crisis Dominates Turkey’s Election Agenda
Categories Economy Finance HIGHLIGHTS IIF Turkey Trip Notes: Kilicdaroglu may win, tough times await the new government Atilla YeşiladaPosted on18 April, 2023 This note summarizes the key takeaways from our meetings with public and private sector institutions … Continue ReadingIIF Turkey Trip Notes: Kilicdaroglu may win, tough times await the new government
Categories Economy HIGHLIGHTS Politics Turkey’s Economy Struggles Ahead of May Elections Cem CetingucPosted on17 April, 2023 As the elections near next month, Erdogan continues to fight inflation while the nation still … Continue ReadingTurkey’s Economy Struggles Ahead of May Elections
Categories Economy Finance HIGHLIGHTS Markets 3 Inflation-Addressing Approaches, Varying in Effectiveness Cem CetingucPosted on17 April, 202317 April, 2023 Turkey has long had a hyperinflation problem, but that doesn’t mean that its central bank … Continue Reading3 Inflation-Addressing Approaches, Varying in Effectiveness
Categories Economy HIGHLIGHTS HYPED Politics Could Turkey’s Inflation Crisis Affect Erdogan’s Re-Election Bid? Cem CetingucPosted on17 April, 202317 April, 2023 A month before Turkey goes to the polls on May 14, the country’s inflation crisis … Continue ReadingCould Turkey’s Inflation Crisis Affect Erdogan’s Re-Election Bid?
Categories Economy General HIGHLIGHTS Politics Turkish Voters Losing Faith in Erdogan as Economy Struggles Cem CetingucPosted on14 April, 2023 Selman Deveci, a chef working his shift at a cafe in the Turkish city of … Continue ReadingTurkish Voters Losing Faith in Erdogan as Economy Struggles
Categories Economy General HIGHLIGHTS Politics Erdogan: Turkey to Send Message to West in May Elections Cem CetingucPosted on14 April, 2023 President Recep Tayyip Erdogan discusses local defence industry, rise of far-right in France, as well … Continue ReadingErdogan: Turkey to Send Message to West in May Elections
Categories Economy HIGHLIGHTS HYPED Politics Erdogan pledges to bring Turkey to the ‘level it deserves’ Cem CetingucPosted on12 April, 2023 President Recep Tayyip Erdoğan has announced the election manifesto of the Ruling Justice and Development … Continue ReadingErdogan pledges to bring Turkey to the ‘level it deserves’
Categories Economy General HIGHLIGHTS Turkstat reveals unemployment rate rose to 10 pct in February Cem CetingucPosted on10 April, 2023 Turkey’s unemployment rate rose 0.2 percentage points month-on-month to 10.0% in February, while a seasonally … Continue ReadingTurkstat reveals unemployment rate rose to 10 pct in February
Categories Economy HIGHLIGHTS Markets World Bank boosts Turkey’s growth forecast Cem CetingucPosted on10 April, 2023 The World Bank has revised upwards its 2023 and 2024 GDP growth estimates for the Turkish economy in its Europe and … Continue ReadingWorld Bank boosts Turkey’s growth forecast
Categories Economy HIGHLIGHTS Politics Tim Ash on Erdogan’s economic policy: Erdogan is not for turning Atilla YeşiladaPosted on7 April, 2023 Not unexpected commentary from Turkey’s finance minister, Nebati, over the past 24h to say that … Continue ReadingTim Ash on Erdogan’s economic policy: Erdogan is not for turning
Categories Economy HIGHLIGHTS CBRT eases TL-saving rules even more Cem CetingucPosted on5 April, 2023 In a bid to promote and protect savings, the Turkish central bank has allowed banks … Continue ReadingCBRT eases TL-saving rules even more
Categories Economy HIGHLIGHTS ING: Turkish inflation falls to 50.5% on large base effects Atilla YeşiladaPosted on4 April, 2023 A better-than-expected reading of 2.29% in March left the annual inflation rate at 50.5%, down … Continue ReadingING: Turkish inflation falls to 50.5% on large base effects
Categories Economy HIGHLIGHTS Markets Turkish exports increased by 4.4 percent in March, trade deficit surges to a new quarterly high Cem CetingucPosted on4 April, 20234 April, 2023 Turkey’s exports increased by 4.4% in March compared to the same month of the previous … Continue ReadingTurkish exports increased by 4.4 percent in March, trade deficit surges to a new quarterly high
