Categories Economy HIGHLIGHTS Markets Turkey’s CPI inflation still soaring – heading to triple digits Güldem AtabayPosted on4 July, 2022 Turkey’s annual consumer price inflation (CPI) reached 78.62% in June up from 73.5% in May … Continue ReadingTurkey’s CPI inflation still soaring – heading to triple digits
Categories Economy HIGHLIGHTS William Tucker: Why We Should Be Keeping an Eye on Turkey? Atilla YeşiladaPosted on2 July, 2022 Turkey has had a rough time lately. Economically, inflation in Turkey has reached record levels, … Continue ReadingWilliam Tucker: Why We Should Be Keeping an Eye on Turkey?
Categories Economy Emerging Markets HYPED Moody’s: Global credit conditions more negative amid rising borrowing costs, slower economy growth Atilla YeşiladaPosted on1 July, 2022 Moody’s Investors Service on Thursday said global credit conditions have turned more negative amid rising … Continue ReadingMoody’s: Global credit conditions more negative amid rising borrowing costs, slower economy growth
Categories Economy HIGHLIGHTS Turkey June manufacturing PMI signals contraction Güldem AtabayPosted on1 July, 2022 The latest PMI® survey data from Istanbul Chamber of Industry and S&P Global pointed to … Continue ReadingTurkey June manufacturing PMI signals contraction
Categories Economy HIGHLIGHTS Politics WP: How a thaw with Turkey could help Ukraine win the war Güldem AtabayPosted on1 July, 2022 At this week’s NATO summit, President Biden met for the first time in a year … Continue ReadingWP: How a thaw with Turkey could help Ukraine win the war
Categories Economy HIGHLIGHTS Politics Turkey holds key to unblocking Black Sea grain deal, Ukraine says Güldem AtabayPosted on1 July, 2022 Ukraine is looking to Turkey for security guarantees that would unlock a deal with Russia … Continue ReadingTurkey holds key to unblocking Black Sea grain deal, Ukraine says
Categories Economy HIGHLIGHTS Turkey’s May foreign trade gap hits $10.6B on soaring energy costs Atilla YeşiladaPosted on30 June, 2022 Turkey’s foreign trade deficit in May, official data showed Thursday, was driven by high energy … Continue ReadingTurkey’s May foreign trade gap hits $10.6B on soaring energy costs
Categories Economy HIGHLIGHTS Politics Biden administration throws support behind potential F-16 sale to Turkey Güldem AtabayPosted on29 June, 202229 June, 2022 The Biden administration threw its support on Wednesday behind the potential sale of F-16 fighter … Continue ReadingBiden administration throws support behind potential F-16 sale to Turkey
Categories Economy HIGHLIGHTS Politics Biden to Discuss With Erdogan the Sale of F-16 Jets to Turkey Güldem AtabayPosted on29 June, 2022 US President Joe Biden and Turkish President Recep Tayyip Erdogan will discuss the sale of … Continue ReadingBiden to Discuss With Erdogan the Sale of F-16 Jets to Turkey
Categories Economy HIGHLIGHTS Lira Weakens as Corporates Keep Buying Dollars Despite New Rule Güldem AtabayPosted on29 June, 2022 The Turkish currency retreated on Tuesday as companies continued to buy dollars for a second … Continue ReadingLira Weakens as Corporates Keep Buying Dollars Despite New Rule
Categories Economy HIGHLIGHTS Politics Turkey lifts block on Finnish and Swedish NATO bids Güldem AtabayPosted on29 June, 2022 Turkey has lifted its objection to the NATO membership applications by Finland and Sweden, paving … Continue ReadingTurkey lifts block on Finnish and Swedish NATO bids
Categories Economy HIGHLIGHTS Politics Pro-Turkish gov’t companies win 80 pct of bids with special invitations Güldem AtabayPosted on27 June, 2022 Eleven companies with owners close to Turkey’s Justice and Development Party (AKP) government have won … Continue ReadingPro-Turkish gov’t companies win 80 pct of bids with special invitations
Categories Economy Finance General HIGHLIGHTS Markets Lira Surges, Stocks Fall as Turkey Introduces New Loan Ban Güldem AtabayPosted on27 June, 2022 The Turkish lira headed for its biggest gain this year, extending Friday’s advance after the … Continue ReadingLira Surges, Stocks Fall as Turkey Introduces New Loan Ban
Categories Economy HIGHLIGHTS Markets Politics Turkey’s Ban on Lira Loans to Some Firms Fires Up Currency Rally Güldem AtabayPosted on24 June, 2022 Turkey stepped up efforts to bolster the lira and cool off lending with a surprise … Continue ReadingTurkey’s Ban on Lira Loans to Some Firms Fires Up Currency Rally
Categories Economy Finance HIGHLIGHTS JP Morgan: Turkey: the CBRT shows no intention of tightening its policy Atilla YeşiladaPosted on24 June, 2022 Despite stronger price pressures and tighter global liquidity, the CBRT, once again, kept rates unchanged … Continue ReadingJP Morgan: Turkey: the CBRT shows no intention of tightening its policy
Categories Economy General HIGHLIGHTS Politics Erdoğan may call Turkish elections for May next year Güldem AtabayPosted on22 June, 2022 Turkish President Recep Tayyip Erdoğan may call presidential and parliamentary elections for May next year, … Continue ReadingErdoğan may call Turkish elections for May next year
Categories Economy HIGHLIGHTS Politics Turkey’s consumer confidence extends record low in May Güldem AtabayPosted on22 June, 2022 Turkey’s benchmark index of consumer confidence extended a record low last month as inflation hit … Continue ReadingTurkey’s consumer confidence extends record low in May
Categories Economy HIGHLIGHTS Politics 70 percent of Turks unable to go on holiday amid financial woes, finds survey Güldem AtabayPosted on22 June, 2022 Some 70 percent of Turkish citizens reported having no holiday plans amid financial woes, according … Continue Reading70 percent of Turks unable to go on holiday amid financial woes, finds survey
Categories Economy HIGHLIGHTS Politics Turkey Plans Stealth Power Hikes Hoping to Avoid Repeat of Protests Güldem AtabayPosted on21 June, 2022 Turkey aims to raise electricity prices steadily throughout the year to avoid a repeat of … Continue ReadingTurkey Plans Stealth Power Hikes Hoping to Avoid Repeat of Protests
Categories Economy HIGHLIGHTS Politics Saudi crown prince visits Egypt and Jordan before Turkey Güldem AtabayPosted on21 June, 2022 A Saudi diplomat said that Saudi Crown Prince Mohammed bin Salman begins a regional tour on … Continue ReadingSaudi crown prince visits Egypt and Jordan before Turkey
