Categories Economy HIGHLIGHTS Politics Suat Kiniklioglu: Necessary friends: Turkey’s improving relationship with the West Atilla YeşiladaPosted on8 April, 2022 Turkey is one of the rare countries in the Black Sea region that has good … Continue ReadingSuat Kiniklioglu: Necessary friends: Turkey’s improving relationship with the West
Categories Economy General HIGHLIGHTS Politics Erdoğan pledges to protect Turkey against high inflation Cem CetingucPosted on7 April, 2022 President Recep Tayyip Erdoğan on April 7 vowed to protect the nation against rising inflation, … Continue ReadingErdoğan pledges to protect Turkey against high inflation
Categories Economy Emerging Markets General HIGHLIGHTS Markets War triggers major economic crises throughout the globe Cem CetingucPosted on7 April, 20227 April, 2022 The fallout of the Russia and Ukraine war has just helped tip two of world’s … Continue ReadingWar triggers major economic crises throughout the globe
Categories Economy Emerging Markets Finance HIGHLIGHTS Markets Emerging markets suffer 9.8 billion dollar outflow in March Cem CetingucPosted on7 April, 2022 Emerging market (EM) debt and equities suffered an outflow of $9.8 billion from foreign portfolio … Continue ReadingEmerging markets suffer 9.8 billion dollar outflow in March
Categories Economy Finance HIGHLIGHTS Foreign investors in talks for Turkey’s problem loans, asset manager says Güldem AtabayPosted on6 April, 2022 Foreign investors are interested in taking on some of Turkey’s $47 billion in problem loans … Continue ReadingForeign investors in talks for Turkey’s problem loans, asset manager says
Categories Economy HIGHLIGHTS Fitch Ratings Publishes Turkish Banks Datawatch: 4Q21 Güldem AtabayPosted on6 April, 2022 Fitch Ratings’ 4Q21 Turkish Banks Datawatch report covers 13 banks that comprise 81% of total … Continue ReadingFitch Ratings Publishes Turkish Banks Datawatch: 4Q21
Categories Economy HIGHLIGHTS Politics U.S. says potential F-16 sale to Turkey would serve U.S. interests, NATO – letter Güldem AtabayPosted on6 April, 2022 The Biden administration believes a potential sale of F-16 fighter jets to Turkey would be … Continue ReadingU.S. says potential F-16 sale to Turkey would serve U.S. interests, NATO – letter
Categories Economy General HIGHLIGHTS Politics 7 political parties make a call for May Day Cem CetingucPosted on6 April, 2022 “To the May Day for daily bread, peace and freedom,” say the Labor Party, Laborist … Continue Reading7 political parties make a call for May Day
Categories Economy HYPED Commentary: CPI inflation could test 70% mid-year Atilla YeşiladaPosted on6 April, 2022 CPI inflation at 5.46% comes broadly in line with expectations in March and rises to … Continue ReadingCommentary: CPI inflation could test 70% mid-year
Categories Economy HIGHLIGHTS Inflation in OECD area hits a 30-year high, ‘reflecting in part another sharp rise in Turkey’ Atilla YeşiladaPosted on6 April, 2022 The Organisation for Economic Cooperation and Development (OECD) announced the consumer price index for February … Continue ReadingInflation in OECD area hits a 30-year high, ‘reflecting in part another sharp rise in Turkey’
Categories Economy HIGHLIGHTS JP Morgan: Turkey-sitting and watching inflation spiral up Atilla YeşiladaPosted on5 April, 2022 March CPI data provided fresh evidence on the sharp strengthening in price pressures that follow … Continue ReadingJP Morgan: Turkey-sitting and watching inflation spiral up
Categories Company & Industry Economy Finance HIGHLIGHTS S&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war Cem CetingucPosted on4 April, 2022 S&P Global Ratings cut Turkey’s local currency credit rating further into junk, while keeping a … Continue ReadingS&P Global Ratings Cuts Turkey Local Currency Rating amid Russian war
Categories Economy General HIGHLIGHTS HYPED Turkey’s inflation at 61 percent in March Cem CetingucPosted on4 April, 2022 Yearly inflation in Turkey hit 61.14% in March, the country’s statistical authority said on Monday, … Continue ReadingTurkey’s inflation at 61 percent in March
Categories Economy General HIGHLIGHTS President: Turkey is taking steps to achieve economic targets Cem CetingucPosted on4 April, 2022 Turkey is taking steps to achieve its economic targets while the world is shaken by problems, … Continue ReadingPresident: Turkey is taking steps to achieve economic targets
Categories Atilla Yeşilada Business Economy HIGHLIGHTS Commentary: Soaring trade deficits, shrinking PMI and sickly consumer confidence Atilla YeşiladaPosted on1 April, 2022 Recent data reveals a weakening of economic activity in Turkey, which weakness is likely to … Continue ReadingCommentary: Soaring trade deficits, shrinking PMI and sickly consumer confidence
Categories Economy General HIGHLIGHTS Politics Trade Minister: Price inspections will carry on Cem CetingucPosted on1 April, 2022 Officials will conduct inspections at businesses to check prices after a government decision to reduce the … Continue ReadingTrade Minister: Price inspections will carry on
Categories Economy General HIGHLIGHTS Prices expected to fall after value-added tax cuts Cem CetingucPosted on31 March, 202231 March, 2022 The effect of the recently announced tax cuts on prices is expected to be seen in the next … Continue ReadingPrices expected to fall after value-added tax cuts
Categories Economy General HIGHLIGHTS Markets Turkey, Poland economy hurt most by war on Ukraine – S&P Cem CetingucPosted on31 March, 202231 March, 2022 The economies of Turkey and Poland will suffer most in major emerging markets from the … Continue ReadingTurkey, Poland economy hurt most by war on Ukraine – S&P
Categories Economy HYPED Economic confidence hits 10 month low Atilla YeşiladaPosted on31 March, 2022 Turkey’s economic confidence index decreased for the second consecutive month in March, the country’s statistical … Continue ReadingEconomic confidence hits 10 month low
Categories Economy HIGHLIGHTS Kenneth Rogoff has a dire warning for Turkey Atilla YeşiladaPosted on31 March, 20227 September, 2022 Turkey may be in danger of slumping into a deeper economic crisis than it experienced … Continue ReadingKenneth Rogoff has a dire warning for Turkey
