Categories Economy HIGHLIGHTS Politics Turkish lira dips to near record low on rate cut, US concerns Güldem AtabayPosted on27 April, 2021 Turkey’s lira has edged lower in early trading, adding to a recent slide and nearing … Continue ReadingTurkish lira dips to near record low on rate cut, US concerns
Categories Economy HIGHLIGHTS World Bank: Turkey’s COVID-19 recovery path and the rise of poverty rate to 12.2 percent Güldem AtabayPosted on27 April, 2021 The World Bank issued today its latest edition of the Turkey Economic Monitor (TEM), which takes … Continue ReadingWorld Bank: Turkey’s COVID-19 recovery path and the rise of poverty rate to 12.2 percent
Categories Economy HIGHLIGHTS Full COVID-19 lockdown adds to financial strain in Turkey Güldem AtabayPosted on27 April, 2021 As cases and deaths soar, Turkey’s president has instructed people to stay home for nearly … Continue ReadingFull COVID-19 lockdown adds to financial strain in Turkey
Categories Economy HIGHLIGHTS Politics Secular Turks Attack Erdogan for Alcohol Ban During Lockdown Güldem AtabayPosted on27 April, 2021 President Recep Tayyip Erdogan’s government banned sales of alcohol during a lockdown that begins Thursday, … Continue ReadingSecular Turks Attack Erdogan for Alcohol Ban During Lockdown
Categories Economy HIGHLIGHTS Politics Turkey and US: Final Countdown | Real Turkey Atilla YeşiladaPosted on27 April, 2021 Turkey and US: Final Countdown Joe Biden’s recognition of 1915 Armenian ethnic cleansing … Continue ReadingTurkey and US: Final Countdown | Real Turkey
Categories Economy HIGHLIGHTS Politics Germany starts deportations over Turkish municipal human trafficking scheme Güldem AtabayPosted on26 April, 2021 The German Interior Ministry will start deportations of Turkish citizens who entered the country with … Continue ReadingGermany starts deportations over Turkish municipal human trafficking scheme
Categories Economy General HIGHLIGHTS Politics Erdogan announced 18 day full lockdown Güldem AtabayPosted on26 April, 202126 April, 2021 Turkish President Erdogan announced full lockdown for Turkey from April 29 to May 17 to … Continue ReadingErdogan announced 18 day full lockdown
Categories Economy HIGHLIGHTS Turkey: Main sectoral confidences slip in April Güldem AtabayPosted on26 April, 2021 Confidence in Turkey’s key sectors fell on a monthly basis in April, according to Turkstat. … Continue ReadingTurkey: Main sectoral confidences slip in April
Categories Economy Turkish industrial confidence rises to three-year high Güldem AtabayPosted on26 April, 202126 April, 2021 The central bank data shows business confidence among Turkey’s industrialists rose to the highest level … Continue ReadingTurkish industrial confidence rises to three-year high
Categories Economy HIGHLIGHTS Russia’s Sputnik V vaccine production to start in Turkey Güldem AtabayPosted on26 April, 2021 The production of Russia’s Sputnik V vaccine in Turkey will start in the coming weeks, … Continue ReadingRussia’s Sputnik V vaccine production to start in Turkey
Categories Economy HIGHLIGHTS Politics UN faces tough task to get Cyprus peace talks restarted Güldem AtabayPosted on26 April, 2021 Normally, trying to get the two sides on ethnically divided Cyprus to sit down for … Continue ReadingUN faces tough task to get Cyprus peace talks restarted
Categories Economy General HIGHLIGHTS Turkish lira nears record low after cenbank comment, U.S. ‘genocide’ move Güldem AtabayPosted on26 April, 2021 The trade in the morning hours saw Turkish lira falling to 8,47 versus the US … Continue ReadingTurkish lira nears record low after cenbank comment, U.S. ‘genocide’ move
Categories Economy HIGHLIGHTS Central Bank Governor Kavcioglu on prime time TV elaborates on monetary policy Güldem AtabayPosted on23 April, 2021 Sahap Kavcioglu, Governor of the Central Bank of the Republic of Turkey (CBRT), made statements … Continue ReadingCentral Bank Governor Kavcioglu on prime time TV elaborates on monetary policy
Categories Economy HIGHLIGHTS Politics UPDATE: Biden calls Erdogan for heads-up: He is to recognize massacre of Armenians as genocide Güldem AtabayPosted on23 April, 202123 April, 2021 CNN Politics: President Biden told Turkish President Erdoğan he’s planning to recognize Armenian genocide President … Continue ReadingUPDATE: Biden calls Erdogan for heads-up: He is to recognize massacre of Armenians as genocide
Categories Company & Industry Economy Banking Sector: 1Q21 Earnings Preview Cem CetingucPosted on23 April, 2021 Macro volatility to take a toll on earnings We expect ROE’s to range between 0-12% … Continue ReadingBanking Sector: 1Q21 Earnings Preview
Categories Economy HIGHLIGHTS Turkey’s Consumer Confidence sinks in April Güldem AtabayPosted on22 April, 2021 Seasonally adjusted consumer confidence index decreased by 7.5% in April to 80.2 from the March … Continue ReadingTurkey’s Consumer Confidence sinks in April
Categories Economy HIGHLIGHTS Lira down on Erdogan’s reserve loss arguments and tensions with the US Güldem AtabayPosted on22 April, 202122 April, 2021 UPDATE: At 5 pm Turkey time, dollar/TL is trading at 8.30-31 Turkey’s lira skidded 2% … Continue ReadingLira down on Erdogan’s reserve loss arguments and tensions with the US
Categories Economy Emerging Markets HIGHLIGHTS Politics Turkey: Russia plays hardball over tourism amid Ukraine dispute Güldem AtabayPosted on22 April, 202122 April, 2021 Turkish tour operators, hotel owners and businesses based in Antalya in Turkey’s Riviera, which employs the bulk … Continue ReadingTurkey: Russia plays hardball over tourism amid Ukraine dispute
Categories Economy HIGHLIGHTS HYPED Politics Biden Preparing to Declare That Atrocities Against Armenia Were Genocide Güldem AtabayPosted on22 April, 2021 More than a century after the Ottoman Empire’s killing of an estimated 1.5 million Armenian civilians, … Continue ReadingBiden Preparing to Declare That Atrocities Against Armenia Were Genocide
Categories Economy Güldem Atabay HIGHLIGHTS Politics Güldem Atabay: The Death of a Central Bank Güldem AtabayPosted on22 April, 2021 The Turkish central bank’s Monetary Policy Committee (MPC) kept the benchmark interest rate steady at … Continue ReadingGüldem Atabay: The Death of a Central Bank
