Categories Economy General HIGHLIGHTS Politics Turkish tourism sector get ‘battle scars’ from Ukraine war Cem CetingucPosted on9 May, 20229 May, 2022 Last year, most foreign tourists in Turkey came from Russia, Germany and Ukraine. Two of … Continue ReadingTurkish tourism sector get ‘battle scars’ from Ukraine war
Categories Economy HIGHLIGHTS Turkish economy set to implode, opposition spokesman says Atilla YeşiladaPosted on7 May, 2022 The Turkish government’s policies are about to cause an explosion in the economy, said Faik … Continue ReadingTurkish economy set to implode, opposition spokesman says
Categories Economy HIGHLIGHTS JP Morgan: Turkey’s annual inflation rises to 70%; still no policy action on the horizon Atilla YeşiladaPosted on7 May, 2022 As monetary policy remains excessively loose and as there is no change in the exogenous … Continue ReadingJP Morgan: Turkey’s annual inflation rises to 70%; still no policy action on the horizon
Categories Economy HIGHLIGHTS Politics FT: Defeating Erdoğan: Turkey’s opposition searches for a champion Güldem AtabayPosted on5 May, 2022 If there were any doubts about Kemal Kılıçdaroğlu’s determination to be the man to take … Continue ReadingFT: Defeating Erdoğan: Turkey’s opposition searches for a champion
Categories Atilla Yeşilada Columnists Economy Finance HIGHLIGHTS Commentary: Roaring trade deficits force Central Bank to waste FX Atilla YeşiladaPosted on4 May, 2022 Turkey’s trade deficit surged 75% year-on-year in March to $8.17 billion, mainly due to a … Continue ReadingCommentary: Roaring trade deficits force Central Bank to waste FX
Categories Economy HIGHLIGHTS Turkey Seeks Dollars With 0% Lira Funding, Return Guarantee Güldem AtabayPosted on28 April, 2022 Turkey is working on a plan to attract inflows of hard currency by offering lira … Continue ReadingTurkey Seeks Dollars With 0% Lira Funding, Return Guarantee
Categories Business Economy General HIGHLIGHTS Turkey to engage new promotion strategy for exports Cem CetingucPosted on25 April, 202227 April, 2022 Turkey plans to engage with a new strategy to promote its brands and goods and … Continue ReadingTurkey to engage new promotion strategy for exports
Categories Business Economy HIGHLIGHTS Turkstat consumer confidence sinks amidst signs of demand slowdown Atilla YeşiladaPosted on21 April, 2022 Turkstat (official) Consumer Confidence Index (CCI) decreased by 7.3% to 67.3 in April (March: 72.5, … Continue ReadingTurkstat consumer confidence sinks amidst signs of demand slowdown
Categories Business Economy HIGHLIGHTS Finance minister gets together with US company executives Cem CetingucPosted on21 April, 2022 Treasury and Finance Minister Nureddin Nebati met with executives of prominent U.S. companies to speak on the economic … Continue ReadingFinance minister gets together with US company executives
Categories Business Economy HYPED Turkey private consumer confidence rises in April, as inflation boost propensity to consume Atilla YeşiladaPosted on21 April, 2022 One of the two measures of consumer sentiment, published by private broadcaster BloombergHT improved in … Continue ReadingTurkey private consumer confidence rises in April, as inflation boost propensity to consume
Categories Economy HIGHLIGHTS Politics Turkey nears landmark LNG loan in shift from Russian natural gas Güldem AtabayPosted on20 April, 2022 Turkey and Deutsche Bank AG are in the final stages of talks for a pioneering 1 billion-euro … Continue ReadingTurkey nears landmark LNG loan in shift from Russian natural gas
Categories Economy HIGHLIGHTS Erdoğan signals a u-turn on Syrian refugees Güldem AtabayPosted on20 April, 2022 Turkey’s main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu asked four questions to President … Continue ReadingErdoğan signals a u-turn on Syrian refugees
Categories Economy HIGHLIGHTS Politics Germany places Turkey’s biggest state bank -Ziraatbank-under special supervision Güldem AtabayPosted on20 April, 2022 Germany’s financial watchdog appointed a special representative to the Frankfurt-based unit of Turkey’s biggest state-run … Continue ReadingGermany places Turkey’s biggest state bank -Ziraatbank-under special supervision
Categories Economy HIGHLIGHTS Politics Murat Yetkin: Turkey launches new operation against PKK in Iraq Güldem AtabayPosted on18 April, 202218 April, 2022 The Turkish Armed Forces launched a large-scale military operation against the outlawed Kurdistan Worker’s Party … Continue ReadingMurat Yetkin: Turkey launches new operation against PKK in Iraq
Categories Economy Emerging Markets General HIGHLIGHTS Politics Want to understand Turkey’s brutal inflation? Look at the price of plums Güldem AtabayPosted on14 April, 2022 For Turks, the humble green plum (“erik” in Turkish) represents the start of spring. An … Continue ReadingWant to understand Turkey’s brutal inflation? Look at the price of plums
Categories Economy HIGHLIGHTS Garanti BBVA: Turkish economy contracting as of April Atilla YeşiladaPosted on14 April, 2022 Recovery in February IP might be temporary Monthly IP recovered in February on the back … Continue ReadingGaranti BBVA: Turkish economy contracting as of April
Categories Economy General HIGHLIGHTS Politics Erdogan’s grasp on economic researchers to tighten: Turkey mulls jail terms for publishing unapproved economic data Güldem AtabayPosted on14 April, 2022 Turkish economic researchers may face up to 3 years in prison if they publish unofficial … Continue ReadingErdogan’s grasp on economic researchers to tighten: Turkey mulls jail terms for publishing unapproved economic data
Categories Economy HIGHLIGHTS JP Morgan: Turkey hit by unorthodox policies Atilla YeşiladaPosted on9 April, 2022 Annual inflation has reached 61%, reflecting the seriousness of the problems in the economy … Continue ReadingJP Morgan: Turkey hit by unorthodox policies
Categories Economy General HIGHLIGHTS Politics Turkish government pledges to fight high inflation Cem CetingucPosted on8 April, 2022 In its fourth meeting, the Price Stability Committee vowed to fight soaring inflation rates with … Continue ReadingTurkish government pledges to fight high inflation
Categories Economy General HIGHLIGHTS Ahval News: 60 percent of Turkey unable to make ends meet, new survey finds Cem CetingucPosted on8 April, 2022 Fifty-nine percent of Turkey’s population is unable to make ends meet as their income was … Continue ReadingAhval News: 60 percent of Turkey unable to make ends meet, new survey finds
