Categories Economy Emerging Markets Finance Turkey’s dismal fiscal performance that began long before COVID-19 Editor P.A.Posted on15 June, 202017 June, 2020 What goes around comes around to Turkey as well in terms of a rapidly widening … Continue ReadingTurkey’s dismal fiscal performance that began long before COVID-19
Categories Economy Turkey: Contraction in production deepens in April Atilla YeşiladaPosted on15 June, 202017 June, 2020 Cover chart: Industrial Production, April 2020, seasonally adjusted, 3-mth moving average By Ali Batuhan Barlas … Continue ReadingTurkey: Contraction in production deepens in April
Categories Economy Turkey’s old nemesis, current account deficits return with vengeance Atilla YeşiladaPosted on13 June, 202015 June, 2020 In April, the current account deficit (CAD) was reported as $5.1 billion which is approximately … Continue ReadingTurkey’s old nemesis, current account deficits return with vengeance
Categories Economy OECD comes up with two scenarios for Turkey, bad and worse Atilla YeşiladaPosted on12 June, 202014 June, 2020 OECD: Unless there is a 2nd wave of the virus, Turkey will be shrinking 4.8 … Continue ReadingOECD comes up with two scenarios for Turkey, bad and worse
Categories Economy As Covid cases rise, growth forecasts become gloomier Atilla YeşiladaPosted on12 June, 202012 June, 2020 Turkey has managed to stabilize daily Covid-19 cases in high triple-digits, but three members of … Continue ReadingAs Covid cases rise, growth forecasts become gloomier
Categories Economy Emerging Markets General Politics Erdogan rules out early elections; modifies the election code to stop the newfound opposition parties Editor P.A.Posted on11 June, 202014 June, 2020 President Recep Tayyip Erdoğan has ruled out months-long rumors on early elections, saying that all … Continue ReadingErdogan rules out early elections; modifies the election code to stop the newfound opposition parties
Categories Economy Politics Turkey: From Health Crisis to Political Turbulence Atilla YeşiladaPosted on10 June, 202012 June, 2020 Turkey is yet to get over its Covid-19 pandemic, with daily cases rising as quarantines … Continue ReadingTurkey: From Health Crisis to Political Turbulence
Categories Economy ANALYSIS: Turkish foreign trade dynamics Atilla YeşiladaPosted on9 June, 20209 June, 2020 According to Turkish Exporters Assembly (TİM), exports increased by 7.6% to 9 billion dollars in … Continue ReadingANALYSIS: Turkish foreign trade dynamics
Categories Economy Emerging Markets Iranian Trucks Resume Border Trade With Turkey Editor P.A.Posted on8 June, 20208 June, 2020 Some 150 Iranian trucks entered Turkey on Thursday after the reopening of customs gates between … Continue ReadingIranian Trucks Resume Border Trade With Turkey
Categories Economy BBVA Turkey: Worst for GDP may already be over Atilla YeşiladaPosted on6 June, 20207 June, 2020 Ali Batuhan Barlas / Adem Ileri / Seda Guler Mert / Alvaro Ortiz Turkish Economy … Continue ReadingBBVA Turkey: Worst for GDP may already be over
Categories Economy Minister Albayrak: First priority is not the budget, but unemployment Atilla YeşiladaPosted on6 June, 20206 June, 2020 Amidst efforts to revive economic activity and shield employment and sectors affected by the coronavirus … Continue ReadingMinister Albayrak: First priority is not the budget, but unemployment
Categories Economy Is Bank Research: Data highlights for Turkish Economy Atilla YeşiladaPosted on6 June, 20209 June, 2020 Turkey’s first quarter growth announced at the end of May signaled that the economic impact … Continue ReadingIs Bank Research: Data highlights for Turkish Economy
Categories Economy Standard Chartered downgrades Turkey growth outlook Atilla YeşiladaPosted on5 June, 20205 June, 2020 Double-dip recession Turkey’s economy grew a robust 4.5% y/y in Q1 as it continued to … Continue ReadingStandard Chartered downgrades Turkey growth outlook
Categories Economy General Metropoll survey: Economic misery rises, voters detaching from AKP Atilla YeşiladaPosted on5 June, 20209 June, 2020 One of the leading social polling agencies, Metropoll has released part of its “Turkey in … Continue ReadingMetropoll survey: Economic misery rises, voters detaching from AKP
Categories Economy Politics Marc Pierini: Emerging From the Pandemic, Turkey Rolls Out a More Assertive Foreign Policy Atilla YeşiladaPosted on4 June, 20206 June, 2020 THE PANDEMIC UNLEASHES DIPLOMATIC AND POLITICAL OPPORTUNITIES Turkey has been sending supplies of medical equipment … Continue ReadingMarc Pierini: Emerging From the Pandemic, Turkey Rolls Out a More Assertive Foreign Policy
Categories Economy ANALYSIS: Main factor in price increases is the depreciation of the Turkish lira Atilla YeşiladaPosted on4 June, 20204 June, 2020 Turkish Statistical Institute released consumer (CPI) and domestic producer price (D-PPI) indices of May 2020. … Continue ReadingANALYSIS: Main factor in price increases is the depreciation of the Turkish lira
Categories Economy Politics Russia expects Turkey’s final decision delivery of second batch of S-400’s Editor P.A.Posted on3 June, 20204 June, 2020 Moscow is awaiting Ankara’s final decision on the delivery of the second batch of Russia’s … Continue ReadingRussia expects Turkey’s final decision delivery of second batch of S-400’s
Categories Economy Emerging Markets Fast and furious: Turkey’s May inflation accelerates Güldem AtabayPosted on3 June, 20205 June, 2020 Turkey’s consumer price index (CPI) increased by 11.39% annually and 1.36% monthly in May compared … Continue ReadingFast and furious: Turkey’s May inflation accelerates
Categories Economy Bloomberg HT Consumer Confidence recovered in May Atilla YeşiladaPosted on2 June, 20202 June, 2020 May survey data from Turkey reveals a modest improvement in economic activity, as restrictions on … Continue ReadingBloomberg HT Consumer Confidence recovered in May
Categories Economy General Yetkin Report: Erdoğan has no easy feat ahead Atilla YeşiladaPosted on2 June, 20202 June, 2020 The economy is the most important challenge ahead. Before the outbreak’s influence, the government was … Continue ReadingYetkin Report: Erdoğan has no easy feat ahead