Categories Economy General HIGHLIGHTS HYPED BNP Paribas | Turkish economy: A double edged sword Cem CetingucPosted on23 July, 2022 “Turkey’s economic situation continues to offer a stark contrast, with resilient growth on one hand … Continue ReadingBNP Paribas | Turkish economy: A double edged sword
Categories Economy General HIGHLIGHTS Turkstat: Turkish tourism sector soars in the first quarter Cem CetingucPosted on23 July, 2022 Domestic tourism spending leaped by 100 percent, while the number of travelers rose by 5.6 percent … Continue ReadingTurkstat: Turkish tourism sector soars in the first quarter
Categories Economy Finance HIGHLIGHTS JP Morgan on Turkey: Nothing much to note in the MPC decision Atilla YeşiladaPosted on23 July, 2022 As universally expected, the CBRT kept its key policy rate unchanged at 14.0% and did … Continue ReadingJP Morgan on Turkey: Nothing much to note in the MPC decision
Categories Economy Finance General HIGHLIGHTS Kubilay: As Turkey’s economic woes worsen, a new currency crisis is approaching Cem CetingucPosted on21 July, 2022 Turkey’s economic problems continue to go from bad to worse. Its foreign trade deficit has … Continue ReadingKubilay: As Turkey’s economic woes worsen, a new currency crisis is approaching
Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Consumer Confidence Index, July 2022 Cem CetingucPosted on21 July, 2022 Consumer Confidence Index (CCI) recovered in July. CCI increased by 7.4% to 68 in July … Continue ReadingMacro Snapshot: Consumer Confidence Index, July 2022
Categories Economy HIGHLIGHTS Turkish inflation seen dipping to 70% by year-end Güldem AtabayPosted on20 July, 2022 Turkey’s highest inflation rate in decades is expected to ease somewhat to around 70% by … Continue ReadingTurkish inflation seen dipping to 70% by year-end
Categories Economy HIGHLIGHTS Politics Why the US doesn’t want Turkey to invade Syria Güldem AtabayPosted on19 July, 2022 US officials warned Turkey this week against expanding its so-called buffer zone in northeast Syria, … Continue ReadingWhy the US doesn’t want Turkey to invade Syria
Categories Economy HIGHLIGHTS Politics Turkish public employees burn payrolls in protest of soaring inflation: ‘Poverty cannot be disguised’ Güldem AtabayPosted on18 July, 2022 Turkish public employees affiliated with the union KESK have burned their payrolls in the face … Continue ReadingTurkish public employees burn payrolls in protest of soaring inflation: ‘Poverty cannot be disguised’
Categories Economy Finance General HIGHLIGHTS Politics Fitch warns: Turkey’s economic policy increasing risks to public finances, FX position Güldem AtabayPosted on15 July, 2022 International ratings agency Fitch has warned that the Turkish government’s economic policy prioritizing growth over the … Continue ReadingFitch warns: Turkey’s economic policy increasing risks to public finances, FX position
Categories Economy HIGHLIGHTS Politics US House approves bill restricting F-16 sales to Turkey Güldem AtabayPosted on15 July, 2022 The US House of Representatives has approved a bill that restricts the sale of F-16 … Continue ReadingUS House approves bill restricting F-16 sales to Turkey
Categories Economy HIGHLIGHTS Politics Turkey Gets Landmark $929 Million Deutsche Bank Loan to Buy LNG Güldem AtabayPosted on13 July, 2022 Turkey’s state gas company got a 925 million-euro ($929 million) loan from Deutsche Bank AG to finance … Continue ReadingTurkey Gets Landmark $929 Million Deutsche Bank Loan to Buy LNG
Categories Economy HIGHLIGHTS Politics Ruling AKP to dissolve after elections, says jailed Kurdish politician Demirtaş Güldem AtabayPosted on13 July, 2022 Renowned Kurdish politician Selahattin Demirtaş has penned an opinion piece for Gazete Duvar from Edirne … Continue ReadingRuling AKP to dissolve after elections, says jailed Kurdish politician Demirtaş
Categories Economy HIGHLIGHTS Politics Opinion: Turkey’s economic turmoil and repressive policies Atilla YeşiladaPosted on13 July, 2022 Khursheed Alika, an economic researcher and one of the founders of the Association of Kurdish … Continue ReadingOpinion: Turkey’s economic turmoil and repressive policies
Categories Atilla Yeşilada Economy General HIGHLIGHTS COMMENTARY: Covid-19 strikes back, adding another burden to the pathetic economic outlook Atilla YeşiladaPosted on11 July, 2022 The number of coronavirus cases in Turkey increased eight times based on an analysis of … Continue ReadingCOMMENTARY: Covid-19 strikes back, adding another burden to the pathetic economic outlook
Categories Economy Finance HIGHLIGHTS Fitch’s Eid gift: Agency downgrades Turkey’s debt rating to ‘B’ from ‘B+’ Atilla YeşiladaPosted on9 July, 2022 Ratings agency Fitch on Friday downgraded Turkey’s debt rating to ‘B’ from ‘B+’, citing increasing … Continue ReadingFitch’s Eid gift: Agency downgrades Turkey’s debt rating to ‘B’ from ‘B+’
Categories Economy Finance HIGHLIGHTS Turkey’s banking watchdog eases regulations on lira loans to FX-rich firms Güldem AtabayPosted on8 July, 2022 Turkey’s BDDK banking watchdog has eased some of the regulations that had limited Turkish lira … Continue ReadingTurkey’s banking watchdog eases regulations on lira loans to FX-rich firms
Categories Business Economy HIGHLIGHTS Turkish Industry Group Warns of Financing Crunch for Exporters Güldem AtabayPosted on6 July, 2022 Turkish exporters face a “gangrenous” financing crunch, according to the head of a major industry … Continue ReadingTurkish Industry Group Warns of Financing Crunch for Exporters
Categories Economy HIGHLIGHTS Politics New survey shows main opposition CHP overtakes ruling AKP Güldem AtabayPosted on5 July, 2022 A new survey has shown the main opposition CHP overtaking the ruling AKP in a … Continue ReadingNew survey shows main opposition CHP overtakes ruling AKP
Categories Economy HIGHLIGHTS Politics Turkey Renews Threat to Veto Sweden and Finland’s NATO Bids Güldem AtabayPosted on5 July, 2022 Turkey is threatening to veto NATO membership for Sweden and Finland even as the military … Continue ReadingTurkey Renews Threat to Veto Sweden and Finland’s NATO Bids
Categories Economy HIGHLIGHTS Politics Politico: With Turkey’s economy in crisis, Erdoğan picks fights abroad Atilla YeşiladaPosted on4 July, 2022 Restaurants have invested in wipe-clean menus so they can update their prices daily. Taxi drivers … Continue ReadingPolitico: With Turkey’s economy in crisis, Erdoğan picks fights abroad
