Categories Economy HIGHLIGHTS Politics Russians’ Mir credit cards rejected in Turkish hotels as West pressures Ankara Güldem AtabayPosted on15 September, 2022 Some hotels in Turkey have stopped accepting Russian credit cards using the Mir payment system, according to Russian media … Continue ReadingRussians’ Mir credit cards rejected in Turkish hotels as West pressures Ankara
Categories Business Company & Industry Economy General HIGHLIGHTS Turkey expects record-breaking tourist season this winter Cem CetingucPosted on15 September, 2022 Turkey is promoting a balmy winter stay along its southern Mediterranean coast for European tourists, … Continue ReadingTurkey expects record-breaking tourist season this winter
Categories Economy Finance General HIGHLIGHTS HYPED Politics Bloomberg: Mystery Money Flows into Turkey reach new highs Cem CetingucPosted on14 September, 202214 September, 2022 Mystery capital flows into Turkey have reached new highs, allowing policy makers to boost foreign … Continue ReadingBloomberg: Mystery Money Flows into Turkey reach new highs
Categories Economy General HIGHLIGHTS Istanbul becomes leading tourist destination in Europe Cem CetingucPosted on14 September, 2022 Recording a 2 percent increase in flight arrivals compared to the pre-pandemic period, Istanbul has been the … Continue ReadingIstanbul becomes leading tourist destination in Europe
Categories Economy General HIGHLIGHTS HYPED Turkish construction costs rise 6.5 percent Cem CetingucPosted on14 September, 2022 The construction cost index rose by 6.5 percent in July from the previous month, bringing the annual … Continue ReadingTurkish construction costs rise 6.5 percent
Categories Atilla Yeşilada Economy HIGHLIGHTS ANALYSIS: Economy loses steam by mid-summer Atilla YeşiladaPosted on14 September, 2022 Turkstat and Central Bank of Turkey released a batch of data from the month of … Continue ReadingANALYSIS: Economy loses steam by mid-summer
Categories Business Economy HIGHLIGHTS Qatar Investment Authority becomes a partner in Turkey’s Eurasia Tunnel Güldem AtabayPosted on13 September, 2022 The Qatar Investment Authority (QIA) has bought a stake in the Eurasia Tunnel company in … Continue ReadingQatar Investment Authority becomes a partner in Turkey’s Eurasia Tunnel
Categories Economy HIGHLIGHTS Politics Erdogan Vows Half-Million New Homes in $50 Billion Vote Push Güldem AtabayPosted on13 September, 2022 Turkish President Recep Tayyip Erdogan unveiled plans to spend $50 billion building 500,000 new homes … Continue ReadingErdogan Vows Half-Million New Homes in $50 Billion Vote Push
Categories Economy Finance HIGHLIGHTS Mystery Money Flows Help Turkey Finance Widening Foreign Gap Güldem AtabayPosted on13 September, 2022 Mystery capital flows into Turkey have reached new highs, allowing policy makers to boost foreign … Continue ReadingMystery Money Flows Help Turkey Finance Widening Foreign Gap
Categories Economy Finance HIGHLIGHTS Politics Turkey’s Odd Bond Yields Show a Market Warped by Erdogan Güldem AtabayPosted on13 September, 2022 Turkish debt markets are becoming increasingly disconnected from economic reality as the government’s lira and … Continue ReadingTurkey’s Odd Bond Yields Show a Market Warped by Erdogan
Categories Company & Industry Economy Finance HIGHLIGHTS Markets Tech A success story: Turkish gaming withstands economic crisis Cem CetingucPosted on13 September, 202213 September, 2022 Over the last few years, Turkey has become one of the world’s fastest growers in … Continue ReadingA success story: Turkish gaming withstands economic crisis
Categories Economy HIGHLIGHTS Is Bank Research July BoP analysis: Unidentified inflows pay for huge deficits Atilla YeşiladaPosted on12 September, 2022 In July, current account deficit was 4 billion USD In July, current account deficit expanded … Continue ReadingIs Bank Research July BoP analysis: Unidentified inflows pay for huge deficits
Categories Economy General HIGHLIGHTS HYPED Politics Erdogan supports Putin to get pre-election funding Cem CetingucPosted on12 September, 2022 With a 2023 vote looming, Turkish President Recep Tayyip Erdogan’s popularity has declined amid an … Continue ReadingErdogan supports Putin to get pre-election funding
Categories Economy General HIGHLIGHTS HYPED Turkish parents struggle with school shopping due to inflation Cem CetingucPosted on12 September, 2022 Many Turkish parents in Turkey, already on a shoestring budget due to the rising inflation, … Continue ReadingTurkish parents struggle with school shopping due to inflation
Categories Atilla Yeşilada Economy Emerging Markets HIGHLIGHTS How Fed monetary policy hurts Turkey (and most Emerging Markets) Atilla YeşiladaPosted on11 September, 2022 Fed’s rate hikes could prove toxic for Turkish economy and EM at large … Read More >How Fed monetary policy hurts Turkey (and most Emerging Markets)
Categories Economy General HIGHLIGHTS SETA Report: War in Ukraine Affects the Global Economy and Turkey Atilla YeşiladaPosted on10 September, 2022 The view of Ukraine War from Turkish think-tank … Read More >SETA Report: War in Ukraine Affects the Global Economy and Turkey
Categories Economy General HIGHLIGHTS HYPED Politics AKP plans to decrease inflation to 50 percent before elections Cem CetingucPosted on9 September, 2022 The number one topic in the agenda of the Justice and Development Party (AKP) is … Continue ReadingAKP plans to decrease inflation to 50 percent before elections
Categories Economy HIGHLIGHTS Turkish Inflation Calculations Clash After State Data Overhaul Güldem AtabayPosted on8 September, 2022 Multi-decade high levels of inflation afflicting Turkey are turning into a two-track crisis that depends … Continue ReadingTurkish Inflation Calculations Clash After State Data Overhaul
Categories Economy General HIGHLIGHTS HYPED Inflation Diaries: Staples are now a luxury in Turkey Cem CetingucPosted on8 September, 20228 September, 2022 As stories about soaring inflation and a feared upcoming recession dominate headlines worldwide, Turkey finds … Continue ReadingInflation Diaries: Staples are now a luxury in Turkey
Categories Economy HIGHLIGHTS Turkey Plans New Loan Stimulus to Spur Growth Before Vote Güldem AtabayPosted on6 September, 2022 Turkey is priming a new round of cheap loans for businesses through a government-backed program, … Continue ReadingTurkey Plans New Loan Stimulus to Spur Growth Before Vote
