Categories Economy General HIGHLIGHTS Politics NYT: Claims From an Organized Crime Boss Rock Turkey’s Government Güldem AtabayPosted on19 May, 2021 Sliding in opinion polls amid a severe economic crisis and a surge in coronavirus infections, … Continue ReadingNYT: Claims From an Organized Crime Boss Rock Turkey’s Government
Categories Economy HIGHLIGHTS Turkey: Budget deficit drops to below 2.0% of GDP as of April Atilla YeşiladaPosted on18 May, 2021 Budget deficit drops to below 2.0% of GDP as of April, mainly due to soaring … Continue ReadingTurkey: Budget deficit drops to below 2.0% of GDP as of April
Categories Economy General HIGHLIGHTS David Rothkopf: The World Braces for the Virus as America Begins to Move On Atilla YeşiladaPosted on16 May, 2021 The Biden administration’s success in battling the COVID epidemic has been a triumph of vision, … Continue ReadingDavid Rothkopf: The World Braces for the Virus as America Begins to Move On
Categories Business Economy HIGHLIGHTS Small business pay heavy price for Covid protection Cem CetingucPosted on15 May, 2021 DUBAI: Staying in business through the COVID-19 pandemic has not been cheap for retailers, hoteliers … Continue ReadingSmall business pay heavy price for Covid protection
Categories Economy Markets China PPI signals higher global inflation Cem CetingucPosted on15 May, 2021 Enda Curran Higher prices for raw materials and supply bottlenecks are boosting producer prices, which … Continue ReadingChina PPI signals higher global inflation
Categories Economy Finance Macro Focus: IP, March 2021: Stronger course than expected in Q1 Cem CetingucPosted on15 May, 2021 In March, IP increased by 0.7% MoM and 16.6% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, March 2021: Stronger course than expected in Q1
Categories Economy Emerging Markets HIGHLIGHTS IIF: Global debt levels decline for the first time in 2-1/2 years (but read the fine print) Atilla YeşiladaPosted on15 May, 2021 (Reuters) – Global debt levels declined for the first time in 2-1/2 years in the … Continue ReadingIIF: Global debt levels decline for the first time in 2-1/2 years (but read the fine print)
Categories Economy Emerging Markets Slow vaccination could hinder emerging market recovery, warns S&P Atilla YeşiladaPosted on13 May, 2021 The economic recovery in emerging markets (EMs) will remain highly vulnerable to pandemic-related setbacks, given … Continue ReadingSlow vaccination could hinder emerging market recovery, warns S&P
Categories Economy HIGHLIGHTS Turkish Tourism Faces Prospect of Another Troubled Year Güldem AtabayPosted on11 May, 2021 A recent drop in coronavirus cases may not be enough to lure tourists back to … Continue ReadingTurkish Tourism Faces Prospect of Another Troubled Year
Categories Economy HIGHLIGHTS Turkey’s current account deficit narrowing yet financing difficulties remain Güldem AtabayPosted on11 May, 2021 The central bank said Turkey’s March current account deficit of USD 3.3 bn declined by … Continue ReadingTurkey’s current account deficit narrowing yet financing difficulties remain
Categories Economy Finance European markets drop sharply after U.S. tech stocks plummet Cem CetingucPosted on11 May, 202111 May, 2021 Elliot Smith, Holly Ellyatt European markets dropped sharply on Tuesday following a sell-off in U.S. … Continue ReadingEuropean markets drop sharply after U.S. tech stocks plummet
Categories Business Economy Turkey’s industrial production increased by 16.6 percent annually Cem CetingucPosted on11 May, 202111 May, 2021 When the subsectors of the industry (based on 2015=100) were examined, mining and quarrying index … Continue ReadingTurkey’s industrial production increased by 16.6 percent annually
Categories Business Economy Retail sales volume increased by 19.2 percent annually Cem CetingucPosted on11 May, 202111 May, 2021 Retail sales volume with constant prices (2015=100) increased by 19.2% in March 2021 compared with … Continue ReadingRetail sales volume increased by 19.2 percent annually
Categories Economy HIGHLIGHTS Politics Turkish FM Çavuşoğlu in Saudi Arabia for talks to mend ties, Jerusalem clashes rise Güldem AtabayPosted on10 May, 2021 Turkish Foreign Minister Mevlüt Çavuşoğlu arrived in Saudi Arabia on May 10 for a two-day … Continue ReadingTurkish FM Çavuşoğlu in Saudi Arabia for talks to mend ties, Jerusalem clashes rise
Categories Economy HIGHLIGHTS Turkey’s construction cost index up 32 percent in 12 months Güldem AtabayPosted on10 May, 202110 May, 2021 In March 2021, Turkey’s construction cost index (CCI) increased by 3.44% mom and carried the … Continue ReadingTurkey’s construction cost index up 32 percent in 12 months
Categories Economy HIGHLIGHTS Turkey’s March unemployment rate down thanks to ease of lockdowns Güldem AtabayPosted on10 May, 2021 Turkish unemployment declined to 13.1 percent in Marchfrom 13.2 percent a month ago following the … Continue ReadingTurkey’s March unemployment rate down thanks to ease of lockdowns
Categories Economy General HIGHLIGHTS Turkish research group faces criminal charges over inflation data Güldem AtabayPosted on10 May, 2021 Turkey’s statistics agency TUIK filed a criminal complaint against a group of local researchers publishing … Continue ReadingTurkish research group faces criminal charges over inflation data
Categories Economy Emerging Markets Axios: Asia faces massive new COVID surge Atilla YeşiladaPosted on10 May, 2021 Several Asian countries are facing new coronavirus waves, with some struggling to keep up with … Continue ReadingAxios: Asia faces massive new COVID surge
Categories Economy HIGHLIGHTS No rate cut but the smell of it… Güldem AtabayPosted on6 May, 2021 Turkey’s central bank kept its benchmark interest rate unchanged for a second meeting on Thursday … Continue ReadingNo rate cut but the smell of it…
Categories Business Company & Industry Economy EBRD & Turkey agreed to boost innovation in competitive sectors Cem CetingucPosted on6 May, 2021 The European Bank for Reconstruction and Development (EBRD) and Turkey have agreed to boost innovation … Continue ReadingEBRD & Turkey agreed to boost innovation in competitive sectors
