Categories Economy HIGHLIGHTS ING: Turkey’s 12M rolling current account deficit highest since 2018 Güldem AtabayPosted on13 February, 2023 Breakdown of current account (12M rolling, US$bn) The 12M rolling current account balance showed a … Continue ReadingING: Turkey’s 12M rolling current account deficit highest since 2018
Categories Economy HIGHLIGHTS Timothy Ash: Turkey – Economic implications of the earthquake Güldem AtabayPosted on8 February, 2023 Obviously the earthquake is an enormous human tragedy and we all need to do our … Continue ReadingTimothy Ash: Turkey – Economic implications of the earthquake
Categories Economy General HIGHLIGHTS Turkey Update: Third day into the massive quakes: State of emergency, elections, economic burden… the latest.. Güldem AtabayPosted on8 February, 2023 The twin earthquakes had magnitudes of 7.7 and 7.6, striking Turkey’s southeast and causing widespread … Continue ReadingTurkey Update: Third day into the massive quakes: State of emergency, elections, economic burden… the latest..
Categories Economy General HIGHLIGHTS Politics Earthquake kills over 1,700 in Turkey, Syria; second massive quake follows Güldem AtabayPosted on6 February, 2023 A 7.8-magnitude earthquake in southern Turkey early Monday killed more than 1,700 people across the … Continue ReadingEarthquake kills over 1,700 in Turkey, Syria; second massive quake follows
Categories Economy HIGHLIGHTS Analysis: January CPI surprised to the upside Atilla YeşiladaPosted on6 February, 2023 According to BBVA Garanti research, stable currency helped absorb some upward pressure from strong demand, … Continue ReadingAnalysis: January CPI surprised to the upside
Categories Economy HIGHLIGHTS Politics Senators want to block Turkey F-16 sale until NATO expansion succeeds Güldem AtabayPosted on3 February, 2023 More than a quarter of the Senate sent a letter to President Joe Biden on … Continue ReadingSenators want to block Turkey F-16 sale until NATO expansion succeeds
Categories Business Economy HIGHLIGHTS Markets Turkish exports reach all-time high in January creating a huge trade ficit Cem CetingucPosted on2 February, 20233 February, 2023 Turkey’s exports posted an all-time high January figure at $19.4 billion (TL 365.04 billion), Trade … Continue ReadingTurkish exports reach all-time high in January creating a huge trade ficit
Categories Company & Industry Economy HIGHLIGHTS Turkey will increase gold production to reduce import dependency: Erdogan Cem CetingucPosted on1 February, 2023 Turkey plans to keep increasing its gold production so it can rely less on imports, … Continue ReadingTurkey will increase gold production to reduce import dependency: Erdogan
Categories Business Economy HIGHLIGHTS Turkey’s trade deficit jumps 137 percent in 2022, as tourism revenues boom Atilla YeşiladaPosted on31 January, 2023 Cover Chart: Turkish exports in red, Imports Blue, by Yatirim Finansman Turkey’s tourism revenue … Continue ReadingTurkey’s trade deficit jumps 137 percent in 2022, as tourism revenues boom
Categories Economy General HIGHLIGHTS Politics FP: Turkish citizens flee Erdogan’s sinking ship pre-election Cem CetingucPosted on30 January, 202330 January, 2023 With Turkey’s May 14 elections fast approaching, many Turks are “voting with their feet,” citing … Continue ReadingFP: Turkish citizens flee Erdogan’s sinking ship pre-election
Categories Economy Güldem Atabay HIGHLIGHTS Guldem Atabay: Turkish economy until elections Atilla YeşiladaPosted on29 January, 2023 AKP’s economic management will firmly stick to the path it calls the “New Economy Model” … Continue ReadingGuldem Atabay: Turkish economy until elections
Categories Business Economy HIGHLIGHTS Dr. Fulya Gurbuz: Leading indicators for January show retail sales supporting economy Atilla YeşiladaPosted on28 January, 2023 According to seasonally adjusted (MA) CBRT and TURKSTAT data, in January; . In sectoral confidence … Continue ReadingDr. Fulya Gurbuz: Leading indicators for January show retail sales supporting economy
Categories Economy Finance HIGHLIGHTS Central bank abandons imposing an upper limit on currency-protected deposit accounts- a de facto interest rate hike Güldem AtabayPosted on26 January, 2023 In a letter sent to banks, the Central Bank announced that it has abandoned imposing … Continue ReadingCentral bank abandons imposing an upper limit on currency-protected deposit accounts- a de facto interest rate hike
Categories Economy Finance HIGHLIGHTS Turkey Offers Favorable Lira Rate for Converting Exporter Income Güldem AtabayPosted on26 January, 2023 Turkey will provide a more favorable exchange rate to exporters that convert their foreign income into lira … Continue ReadingTurkey Offers Favorable Lira Rate for Converting Exporter Income
Categories Economy General HIGHLIGHTS Politics Hunger, poverty, Who cares? Finance minister defends Lira’s depreciation for ‘industrialization’ Cem CetingucPosted on26 January, 202327 January, 2023 Turkish Finance Minister Nureddin Nebati has defended the depreciation of lira, saying that the economy … Continue ReadingHunger, poverty, Who cares? Finance minister defends Lira’s depreciation for ‘industrialization’
Categories Atilla Yeşilada Economy Emerging Markets HIGHLIGHTS Atilla Yesilada: The fate of the world economy will be shaped by the end of 1Q2023 Atilla YeşiladaPosted on26 January, 2023 Since the beginning of the year, fund managers have entered the mood of “the worst … Continue ReadingAtilla Yesilada: The fate of the world economy will be shaped by the end of 1Q2023
Categories Economy HIGHLIGHTS Politics Syria, Türkiye Normalization Takes Shape along Aleppo-Latakia Highway Güldem AtabayPosted on23 January, 202323 January, 2023 Open and secret political and security contacts have expanded in recent days to choose the … Continue ReadingSyria, Türkiye Normalization Takes Shape along Aleppo-Latakia Highway
Categories Economy General HIGHLIGHTS Politics What an Erdogan loss in Turkey’s presidential election would mean for the country and the world Güldem AtabayPosted on23 January, 202323 January, 2023 The Turkish leader has held a grip on power for two decades. His departure from … Continue ReadingWhat an Erdogan loss in Turkey’s presidential election would mean for the country and the world
Categories Economy General HIGHLIGHTS Politics Timothy Ash: Turkey – thoughts around elections Güldem AtabayPosted on23 January, 2023 President Erdogan appears to have all but confirmed that Turkey will hold parliamentary and presidential … Continue ReadingTimothy Ash: Turkey – thoughts around elections
Categories Economy HIGHLIGHTS Politics Halkbank Gets Mixed Reception at Top US Court on Immunity Güldem AtabayPosted on18 January, 2023 Turkey’s state-owned Halkbank got a mixed reception at the US Supreme Court as the bank sought dismissal … Continue ReadingHalkbank Gets Mixed Reception at Top US Court on Immunity
