Categories Business Economy HIGHLIGHTS Politics Turkish part of Cyprus reels under lira crisis amid stark dependence on Ankara Cem CetingucPosted on3 March, 20223 March, 2022 In the breakaway statelet of northern Cyprus, people are grappling with a perfect economic storm, … Continue ReadingTurkish part of Cyprus reels under lira crisis amid stark dependence on Ankara
Categories Economy General Politics Turkish government opens olive groves to mining Güldem AtabayPosted on2 March, 2022 The Justice and Development Party (AKP) government on March 1 released a decree in the … Continue ReadingTurkish government opens olive groves to mining
Categories Economy HIGHLIGHTS Politics Turkey wants invasion to end but ‘has no inclination’ to join sanctions against Russia Güldem AtabayPosted on2 March, 2022 Turkey does not intend to join sanctions against Russia over its invasion of Ukraine, Minister … Continue ReadingTurkey wants invasion to end but ‘has no inclination’ to join sanctions against Russia
Categories Economy HIGHLIGHTS Politics U.S. rallies Turkey, other Syria allies, gauges impact on Russia Güldem AtabayPosted on2 March, 2022 The United States will bring together the envoys of allied nations involved in Syria, Asharq … Continue ReadingU.S. rallies Turkey, other Syria allies, gauges impact on Russia
Categories Economy HIGHLIGHTS Politics Turkey’s opposition alliance leads Erdoğan’s People’s Alliance Güldem AtabayPosted on1 March, 2022 The combined voting rate of four opposition parties exceeds 45 percent, about five points higher … Continue ReadingTurkey’s opposition alliance leads Erdoğan’s People’s Alliance
Categories Company & Industry Economy HIGHLIGHTS Macro Snapshot: Foreign Trade Statistics Cem CetingucPosted on1 March, 2022 Foreign trade deficit increased by 234.9% YoY to USD10.3bn in January (Dec.21: USD-6.8bn, Jan.21: USD-3.1bn) … Continue ReadingMacro Snapshot: Foreign Trade Statistics
Categories Economy HIGHLIGHTS Turkish economy grew 11 percent last year, driven by exports Güldem AtabayPosted on28 February, 2022 Turkey’s economy grew a powerful 11% in 2021 as expected, according to data on Feb. 28 showing it … Continue ReadingTurkish economy grew 11 percent last year, driven by exports
Categories Economy HIGHLIGHTS Politics Leaders of 6 opposition parties sign memorandum of understanding aiming to rerun to parliamentray system; a better one Güldem AtabayPosted on28 February, 2022 Following their meeting on February 12, the leaders of six opposition parties signed the “Memorandum of Understanding … Continue ReadingLeaders of 6 opposition parties sign memorandum of understanding aiming to rerun to parliamentray system; a better one
Categories Economy HIGHLIGHTS Turkey’s unsettling growth in foreign trade deficit Güldem AtabayPosted on28 February, 2022 Turkish Statistical Institute announced in January 2022; exports were 17 billion 587 million dollars with … Continue ReadingTurkey’s unsettling growth in foreign trade deficit
Categories Economy HIGHLIGHTS Oil Jump Jolting Turkey Is Red Flag for Rest of Emerging Markets Güldem AtabayPosted on28 February, 2022 Markets in Turkey are flashing warning signs that inflationary pressures are building in the developing … Continue ReadingOil Jump Jolting Turkey Is Red Flag for Rest of Emerging Markets
Categories Economy HIGHLIGHTS Politics Turkey in tough spot over Russia-Ukraine crisis Güldem AtabayPosted on25 February, 2022 As Russia launched air and ground assaults on Ukraine, NATO member Turkey finds itself in … Continue ReadingTurkey in tough spot over Russia-Ukraine crisis
Categories Company & Industry Economy General HIGHLIGHTS What does Russia-Ukraine crisis mean for Turkish economy? Cem CetingucPosted on25 February, 2022 Ukraine and Russia are two important partners of Turkey in tourism, import of agricultural products, … Continue ReadingWhat does Russia-Ukraine crisis mean for Turkish economy?
Categories Economy Finance HIGHLIGHTS Lira Drops After State Bank Interventions Fail to Contain Risks Güldem AtabayPosted on24 February, 2022 Turkey’s lira is headed for its biggest weekly drop since the start of the year, … Continue ReadingLira Drops After State Bank Interventions Fail to Contain Risks
Categories Economy HIGHLIGHTS What does Russia-Ukraine crisis mean for Turkey’s economy? Güldem AtabayPosted on24 February, 2022 Ukraine and Russia are two important partners of Turkey in tourism, import of agricultural products, … Continue ReadingWhat does Russia-Ukraine crisis mean for Turkey’s economy?
Categories Business Economy HIGHLIGHTS Erdogan’s refusal to hike interest rates batters Turkey’s economy Atilla YeşiladaPosted on23 February, 2022 Turkey which is battling high inflation and falling currency value has another challenge now: widening … Continue ReadingErdogan’s refusal to hike interest rates batters Turkey’s economy
Categories Economy General HIGHLIGHTS Ukraine crisis could push up bread price in Turkey Güldem AtabayPosted on22 February, 2022 Turkey is becoming more dependent on Russia every year as agriculture follows energy imports. Especially … Continue ReadingUkraine crisis could push up bread price in Turkey
Categories Business Economy General Europe’s medical tourism shifts to Turkey Cem CetingucPosted on22 February, 202222 February, 2022 urope’s medical tourism is shifting toward Turkey, according to the general manager of an Ankara-based … Continue ReadingEurope’s medical tourism shifts to Turkey
Categories Economy HIGHLIGHTS Turkey’s producers’ price pressures keep building Güldem AtabayPosted on21 February, 2022 Turkey’s “non-domestic producer price index” (ND-PPI) increased by 96.44% annually and 3.25% off most in … Continue ReadingTurkey’s producers’ price pressures keep building
Categories Economy HIGHLIGHTS FT: Could President Erdoğan succeed in his plan to keep the lira steady in the months ahead? Güldem AtabayPosted on21 February, 2022 By Laura Pitel President Recep Tayyip Erdogan has hailed the recent period of calm in … Continue ReadingFT: Could President Erdoğan succeed in his plan to keep the lira steady in the months ahead?
Categories Economy HIGHLIGHTS With weak lira, Turkey woos foreign firms Güldem AtabayPosted on21 February, 2022 Turkey is seizing on its geographic advantage to woo companies as the skyrocketing cost of … Continue ReadingWith weak lira, Turkey woos foreign firms
