Categories Economy HIGHLIGHTS Güven Sak: Turkey’s economy is like a sailing ship, going wherever the winds blow it Güldem AtabayPosted on29 December, 2021 When it comes to the Turkish economy, it has always been best to take the long view. … Continue ReadingGüven Sak: Turkey’s economy is like a sailing ship, going wherever the winds blow it
Categories Economy HIGHLIGHTS Dr Murat Kubilay: Economic repercussions of Erdogan’s ever-changing economic models Atilla YeşiladaPosted on28 December, 2021 Following the resignation of the finance minister and his replacement by a loyalist on Dec. … Continue ReadingDr Murat Kubilay: Economic repercussions of Erdogan’s ever-changing economic models
Categories Economy HIGHLIGHTS Politics Poll: Erdoğan trails both İmamoğlu and Yavaş by over 10 points Güldem AtabayPosted on28 December, 2021 The mayors of İstanbul and Ankara, both members of the main opposition Republican People’s Party … Continue ReadingPoll: Erdoğan trails both İmamoğlu and Yavaş by over 10 points
Categories Business Economy Finance HIGHLIGHTS Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on28 December, 2021 SA CUR increased by 0.8pps 78.4% in December. In Q4, SA manufacturing CUR increased by … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories Economy General HIGHLIGHTS Markets Chip crisis, tax system fix: Turkey’s 2022 auto sector expectations Cem CetingucPosted on28 December, 2021 The automotive industry is about to put an “extraordinary” year behind it, top officials from … Continue ReadingChip crisis, tax system fix: Turkey’s 2022 auto sector expectations
Categories Economy HIGHLIGHTS Politics Turkish Finance Minister rejects backdoor FX sales on Dec 20 when lira rebounded Güldem AtabayPosted on28 December, 2021 Turkey’s public banks or institutions did not sell dollars on the night of Dec. 20, … Continue ReadingTurkish Finance Minister rejects backdoor FX sales on Dec 20 when lira rebounded
Categories Economy HIGHLIGHTS Politics Ex-Central Bankers Among Turkey Lira Pundits Facing Lawsuit Güldem AtabayPosted on28 December, 2021 Turkey’s banking watchdog filed a criminal complaint against many individuals, including two former central bank … Continue ReadingEx-Central Bankers Among Turkey Lira Pundits Facing Lawsuit
Categories Economy HIGHLIGHTS Politics Turkish market for at-risk women at standstill after lira crash Güldem AtabayPosted on28 December, 2021 Hazal Tunc and her friends founded Turkey’s first women-only street market eight years ago to … Continue ReadingTurkish market for at-risk women at standstill after lira crash
Categories Economy HIGHLIGHTS Turkey’s state banks boosted lira rally after Erdogan rescue plan Güldem AtabayPosted on23 December, 2021 Turkey’s state banks aggressively sold dollars this week, boosting a rally in the lira after … Continue ReadingTurkey’s state banks boosted lira rally after Erdogan rescue plan
Categories Economy HIGHLIGHTS Anne O. Krueger: How Erdonomics Sank Turkey Atilla YeşiladaPosted on23 December, 2021 Turkey’s economy is in crisis. Inflation is high and rising, economic growth is stalling, foreign-exchange … Continue ReadingAnne O. Krueger: How Erdonomics Sank Turkey
Categories Economy General HIGHLIGHTS Politics CHP: Wisdom can solve Turkey’s problems Cem CetingucPosted on22 December, 2021 The economic problems of Turkey can be resolved with wisdom and science, the leader of the Republican … Continue ReadingCHP: Wisdom can solve Turkey’s problems
Categories Economy General HIGHLIGHTS Foreigner shopping craze in Turkey due to Turkish Lira crash Cem CetingucPosted on22 December, 202122 December, 2021 The sea of Bulgarian buses parked outside a market in Turkey’s historic city of Edirne … Continue ReadingForeigner shopping craze in Turkey due to Turkish Lira crash
Categories Economy Finance HIGHLIGHTS Macro Snapshot: Consumer Confidence Index Cem CetingucPosted on22 December, 2021 In December, CCI decreased by 3.1% MoM to 68.9 (November: 71.1) which was the lowest … Continue ReadingMacro Snapshot: Consumer Confidence Index
Categories Business Economy Finance HIGHLIGHTS BREAKING: As lira swings, some foreign banks review or scale back Turkey exposure – sources Atilla YeşiladaPosted on21 December, 202121 December, 2021 Reuters just published the following new item on Turkey, which we replicate here in summary … Continue ReadingBREAKING: As lira swings, some foreign banks review or scale back Turkey exposure – sources
Categories Economy HIGHLIGHTS Politics Kılıçdaroğlu promises economy will recover, if elected Cem CetingucPosted on20 December, 2021 The leader of the main opposition party, Kemal Kılıçdaroğlu, has reiterated his vow to recover the … Continue ReadingKılıçdaroğlu promises economy will recover, if elected
Categories Economy Finance General HIGHLIGHTS Feeding the fire? Turkish restaurants jack up prices to cover wage hike Cem CetingucPosted on20 December, 2021 Restaurants and other businesses in Turkey’s service sector say they will jack up prices next … Continue ReadingFeeding the fire? Turkish restaurants jack up prices to cover wage hike
Categories Economy HIGHLIGHTS Politics Erdogan: I will act in line with Islamic teachings on interest rate Güldem AtabayPosted on19 December, 2021 President Erdogan pledged to continue interest rate cuts that have made the Turkish lira the … Continue ReadingErdogan: I will act in line with Islamic teachings on interest rate
Categories Economy Finance HIGHLIGHTS Erdogan says he can get inflation back to four percent despite freefall Güldem AtabayPosted on19 December, 2021 President Tayyip Erdogan said he is prepared to drastically decrease Turkey’s inflation amid annual price rises … Continue ReadingErdogan says he can get inflation back to four percent despite freefall
Categories Atilla Yeşilada Columnists Economy HIGHLIGHTS Turkish Economic Outlook 2022: WHAT a train wreck! Atilla YeşiladaPosted on19 December, 2021 Turkish Economic Outlook 2022: WHAT a train wreck! | Real Turkey Recap … Continue ReadingTurkish Economic Outlook 2022: WHAT a train wreck!
Categories Economy Finance General HIGHLIGHTS Markets Bitcoin skyrockets after Fed’s rate hike signal Cem CetingucPosted on17 December, 2021 Bitcoin jumped in value late Wednesday after the Federal Reserve (Fed) kept the policy rate … Continue ReadingBitcoin skyrockets after Fed’s rate hike signal
