Categories Economy HIGHLIGHTS HYPED Turkish cenbank to hold rates in new chief’s first decision – Reuters poll Güldem AtabayPosted on8 April, 2021 Turkey’s central bank is expected to hold interest rates at 19% next week at its … Continue ReadingTurkish cenbank to hold rates in new chief’s first decision – Reuters poll
Categories Economy HIGHLIGHTS Turkey’s net FX reserves lowest in 18 years at $10.68 billion Güldem AtabayPosted on8 April, 2021 The Turkish central bank’s net international reserves fell to its lowest level since 2003 at … Continue ReadingTurkey’s net FX reserves lowest in 18 years at $10.68 billion
Categories Economy HIGHLIGHTS Turkey’s daily new COVID-19 cases near 56,000, at record high Güldem AtabayPosted on8 April, 2021 Turkey recorded 55,941 new coronavirus cases in the last 24 hours, health ministry data showed … Continue ReadingTurkey’s daily new COVID-19 cases near 56,000, at record high
Categories Economy HIGHLIGHTS Politics EU-Turkey in blame game over ‘sofagate’ after von der Leyen left standing Güldem AtabayPosted on8 April, 2021 Turkey and Europe are buying and selling blame over who left the European Fee chief … Continue ReadingEU-Turkey in blame game over ‘sofagate’ after von der Leyen left standing
Categories Economy HIGHLIGHTS Erdogan’s central bank overhaul set up slower growth, higher inflation Güldem AtabayPosted on8 April, 2021 Turkish President Erdogan set the stage for higher inflation and slower economic growth when he … Continue ReadingErdogan’s central bank overhaul set up slower growth, higher inflation
Categories Economy General Politics Foreign Affairs: U.S.-Russian Relations Will Only Get Worse Güldem AtabayPosted on8 April, 2021 It is hard to imagine that U.S.-Russian relations could get much worse, but sadly, they … Continue ReadingForeign Affairs: U.S.-Russian Relations Will Only Get Worse
Categories Economy General CEEMEA economic outlook: Some like it hot Cem CetingucPosted on8 April, 2021 The alarming rise in case rates across Europe and what they mean for the 2021 … Continue ReadingCEEMEA economic outlook: Some like it hot
Categories Economy General CORRECTION: Turkey sold 11.7 tons of gold in February due to currency crisis Cem CetingucPosted on8 April, 20218 April, 2021 PATurkey was misled by the confusing text and the fact none of its editors could … Continue ReadingCORRECTION: Turkey sold 11.7 tons of gold in February due to currency crisis
Categories Economy HIGHLIGHTS Turkish economy laid low by Covid-19, Erdogan Atilla YeşiladaPosted on8 April, 2021 Turkish President Tayyip Erdogan set the stage for higher inflation and slower economic growth when … Continue ReadingTurkish economy laid low by Covid-19, Erdogan
Categories Economy HIGHLIGHTS Fitch Ratings: Refinancing risks for Turkish banks have increased Güldem AtabayPosted on7 April, 2021 Refinancing risks for Turkish banks have increased following the replacement of Turkey’s central bank (CBRT) … Continue ReadingFitch Ratings: Refinancing risks for Turkish banks have increased
Categories Economy HIGHLIGHTS Politics Erdogan: Interest rates will be lowered to single digits; main opposition CHP behind the retired admirals declaration Güldem AtabayPosted on7 April, 2021 Turkish President Erdoğan said a declaration by over 100 retired naval admirals at the weekend … Continue ReadingErdogan: Interest rates will be lowered to single digits; main opposition CHP behind the retired admirals declaration
Categories Economy HIGHLIGHTS Turkey tops Europe for COVID-19 infections as cases reach record high Güldem AtabayPosted on7 April, 20217 April, 2021 COVID-19 cases in Turkey hit a daily 49,584 on Tuesday, the highest figure since the … Continue ReadingTurkey tops Europe for COVID-19 infections as cases reach record high
Categories Economy Emerging Markets Brookings TIGER Index: The world economy stumbles toward a two-track recovery Atilla YeşiladaPosted on7 April, 2021 The world economy faces sharply divergent growth prospects across various regions, as prospects of a … Continue ReadingBrookings TIGER Index: The world economy stumbles toward a two-track recovery
Categories Economy Emerging Markets IMF: Divergent recovery creates financial stability risk Atilla YeşiladaPosted on7 April, 2021 After enduring a tumultuous 2020, the global economy is finally emerging from the worst phases … Continue ReadingIMF: Divergent recovery creates financial stability risk
Categories Economy HIGHLIGHTS Central Bank blames commodity prices, wek TL and supply problems for rising inflation Güldem AtabayPosted on6 April, 2021 The Central Bank has released the Monthly Price Developments Report for March. With monthly consumer … Continue ReadingCentral Bank blames commodity prices, wek TL and supply problems for rising inflation
Categories Economy HIGHLIGHTS Independent scholars say Turkey’s March inflation at Güldem AtabayPosted on5 April, 2021 The ENAGrup monthly inflation rate is estimated at 3.36% in March 2021. Certain factors played … Continue ReadingIndependent scholars say Turkey’s March inflation at
Categories Economy General HIGHLIGHTS Turkey’s March inflation at 16.2% Güldem AtabayPosted on5 April, 2021 Turkey’s annual inflation climbed above 16% in March for the first time since mid-2019, data … Continue ReadingTurkey’s March inflation at 16.2%
Categories Economy HYPED Turkey’s inflation expected to surge above 16% in March Atilla YeşiladaPosted on5 April, 2021 Turkey’s consumer price inflation is expected to exceed 16% in March, multiple surveys estimated, rising … Continue ReadingTurkey’s inflation expected to surge above 16% in March
Categories Economy HIGHLIGHTS Turkey Stirs Fragile Five Fears Güldem AtabayPosted on4 April, 2021 The market meltdown following Turkey’s central-bank shakeup is reviving a longtime debate among the world’s … Continue ReadingTurkey Stirs Fragile Five Fears
Categories Economy Emerging Markets S&P upgrades growth forecast for emerging markets Atilla YeşiladaPosted on2 April, 2021 Ratings agency S&P Global is lifting its growth forecast for emerging markets for 2021 on … Continue ReadingS&P upgrades growth forecast for emerging markets
