Categories Economy Emerging Markets Finance April trade data awful; export recovery will be painful Güldem AtabayPosted on29 May, 20202 June, 2020 As per the official data in April, Turkey’s exports and imports decreased by 41.4% and … Continue ReadingApril trade data awful; export recovery will be painful
Categories Economy Emerging Markets Turkey makes a weak start to 2020 making full year GDP contraction unavoidable Güldem AtabayPosted on29 May, 20204 June, 2020 Turkey’s economy posted 1Q20 GDP growth of an annual 4.5 percent, the Turkish Statistical Institute … Continue ReadingTurkey makes a weak start to 2020 making full year GDP contraction unavoidable
Categories Economy Xinhua: Turkey’s economy faces challenges after COVID-19 Atilla YeşiladaPosted on29 May, 20202 June, 2020 Turkey is seeking to end 2020 with a positive economic growth rate despite negative forecasts … Continue ReadingXinhua: Turkey’s economy faces challenges after COVID-19
Categories Economy FT: Turkey looks to weather coronavirus crisis without IMF support Atilla YeşiladaPosted on27 May, 202029 May, 2020 Turkey’s battered finances have been shaken further by the coronavirus pandemic but President Recep Tayyip … Continue ReadingFT: Turkey looks to weather coronavirus crisis without IMF support
Categories Economy Turkey will weather Covid shock, too Atilla YeşiladaPosted on26 May, 202026 May, 2020 The Turkish economy is facing problems of a sort it has dealt with in the … Continue ReadingTurkey will weather Covid shock, too
Categories Economy Stratfor: Why Turkey’s Ruling AKP Party’s Coronavirus Plan Could Be a Disaster Atilla YeşiladaPosted on26 May, 202029 May, 2020 Amid the escalating domestic and global fallout from the COVID-19 crisis, Turkish President Recep Tayyip … Continue ReadingStratfor: Why Turkey’s Ruling AKP Party’s Coronavirus Plan Could Be a Disaster
Categories Economy Is Turkey’s monetary easing over? Atilla YeşiladaPosted on25 May, 202029 May, 2020 Central Bank of Turkey delivered its ninth successive rate cut last week, reducing its key … Continue ReadingIs Turkey’s monetary easing over?
Categories Economy Inflation, Monetary Policy and Currency Crisis Editor P.A.Posted on21 May, 202023 May, 2020 Real Turkey Channel Video: Central Bank of Turkey cut interest rates by another 50 basis … Continue ReadingInflation, Monetary Policy and Currency Crisis
Categories Economy Emerging Markets Finance Markets Surprise: the rate cut comes just as the amount expected Editor P.A.Posted on21 May, 202023 May, 2020 For the straight ninth time in a row the central bank of Turkey (CBT) cut … Continue ReadingSurprise: the rate cut comes just as the amount expected
Categories Economy Markets Politics Gurses: Our Turkish Lira with its wounded convertibility Editor P.A.Posted on21 May, 202023 May, 2020 You will hold talks themed “Trade with national currencies” and at the same time you … Continue ReadingGurses: Our Turkish Lira with its wounded convertibility
Categories Economy Emerging Markets Politics Haftar’s Forces Announce Air Campaign Against Turkey in Libya Editor P.A.Posted on21 May, 202023 May, 2020 Russian-backed Libyan strongman Khalifa Haftar’s air force will launch what it says are unprecedented strikes … Continue ReadingHaftar’s Forces Announce Air Campaign Against Turkey in Libya
Categories Economy Finance Fitch affirms 6 Large Turkish banks at ‘B+’; downgrades Halk to ‘B’ Editor P.A.Posted on21 May, 202029 May, 2020 Fitch Ratings has taken multiple rating actions on seven Turkish banks. It has revised the … Continue ReadingFitch affirms 6 Large Turkish banks at ‘B+’; downgrades Halk to ‘B’
Categories Economy Politics Tech Turkey vs. Egypt, UAE and Russia in Libya, who is winning? Editor P.A.Posted on20 May, 202021 May, 2020 Turkey is fighting a proxy war in Libya against a series of other countries, including Egypt, the … Continue ReadingTurkey vs. Egypt, UAE and Russia in Libya, who is winning?
Categories Economy Politics ECFR*: It’s Turkey’s Libya now Editor P.A.Posted on20 May, 202021 May, 2020 Libya doesn’t do incremental change, it seems. Instead, the country oscillates between agonising stalemate and … Continue ReadingECFR*: It’s Turkey’s Libya now
Categories Economy Emerging Markets Finance Politics Albayrak: Turkey to prioritize localizing its economy amid pandemic Editor P.A.Posted on20 May, 202021 May, 2020 Turkey is set to enter a new period in which domestic production will be prioritized, … Continue ReadingAlbayrak: Turkey to prioritize localizing its economy amid pandemic
Categories Economy Emerging Markets Finance Markets Politics Bloomberg: Emboldened by a stronger lira, Turkey is set to cut rates again Editor P.A.Posted on20 May, 202021 May, 2020 Little stands in the way of the Turkish central bank’s ninth straight interest-rate cut after … Continue ReadingBloomberg: Emboldened by a stronger lira, Turkey is set to cut rates again
Categories Economy Emerging Markets General Turkey consumer confidence rises from record low; though reflects ongoing pain Editor P.A.Posted on20 May, 202021 May, 2020 Consumer confidence in Turkey rose from a record low in May as households became more … Continue ReadingTurkey consumer confidence rises from record low; though reflects ongoing pain
Categories Economy Turkish Economy: The Rot Started Before The Disease Editor P.A.Posted on20 May, 202029 May, 2020 Turkish Economy never truly recovered rom the 2016 coup attempt. It was followed by an … Continue ReadingTurkish Economy: The Rot Started Before The Disease
Categories Economy Soaring budget deficits: Is corona the only culprit? Editor P.A.Posted on20 May, 202021 May, 2020 Should we link the increase in the budget deficit only to the coronavirus? After the … Continue ReadingSoaring budget deficits: Is corona the only culprit?
Categories Economy Emerging Markets Finance Markets Turkey exempts Euroclear, Clearstream from lira limitations Editor P.A.Posted on20 May, 202021 May, 2020 Turkey’s banking regulator said on Wednesday it would exempt Euroclear Bank and Clearstream Banking from … Continue ReadingTurkey exempts Euroclear, Clearstream from lira limitations