Categories General HIGHLIGHTS Politics Mustafa Akyol: Where does Erdogan’s obsession with interest rates exactly come from?-Islamic economics Atilla YeşiladaPosted on6 December, 2021 One of the most startling stories in the world these days is what the Wall … Continue ReadingMustafa Akyol: Where does Erdogan’s obsession with interest rates exactly come from?-Islamic economics
Categories General Politics Ukraine: As country prepares for Russian attack, Turkish drones are a bone of discontent Atilla YeşiladaPosted on5 December, 2021 Ukraine is using Turkish-made drones in the conflict zone in the Donbass region, sticking to … Continue ReadingUkraine: As country prepares for Russian attack, Turkish drones are a bone of discontent
Categories Emerging Markets General HIGHLIGHTS Markets IMF and the Economist deem Turkey highly vulnerable in 2022 Atilla YeşiladaPosted on4 December, 2021 IMF recently published a blog titled “Addressing Inflation Pressures Amid an Enduring Pandemic”, where Turkey … Continue ReadingIMF and the Economist deem Turkey highly vulnerable in 2022
Categories General HIGHLIGHTS New Finance Minister reveals Turkey won’t prioritize high interest rates Cem CetingucPosted on3 December, 20213 December, 2021 Turkey will not prioritize high interest rates under the new economic model, the newly appointed … Continue ReadingNew Finance Minister reveals Turkey won’t prioritize high interest rates
Categories Economy General HIGHLIGHTS S&P Global Ratings: Risks drastically increase as Turkey uses borrowed lira reserves Cem CetingucPosted on3 December, 2021 Turkey risks damaging confidence in the lira further by using “borrowed” reserves to defend its … Continue ReadingS&P Global Ratings: Risks drastically increase as Turkey uses borrowed lira reserves
Categories Economy General HIGHLIGHTS Markets Central bank intervenes Turkish lira following another sudden crash Güldem AtabayPosted on2 December, 2021 Turkey’s central bank to support the sinking lira, directly intervened the foreign-exchange markets for the … Continue ReadingCentral bank intervenes Turkish lira following another sudden crash
Categories General HIGHLIGHTS Politics Elvan out, Nebati in Atilla YeşiladaPosted on2 December, 2021 Minister of Finance and Treasury Lütfi Elvan has resigned from his post and has been … Continue ReadingElvan out, Nebati in
Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Manufacturing PMI increased to 52 in November Cem CetingucPosted on1 December, 2021 Manufacturing PMI increased to 52 in November (Prior: 51.2). Headline figure continued to remain above … Continue ReadingMacro Snapshot: Manufacturing PMI increased to 52 in November
Categories Company & Industry General HIGHLIGHTS JP Morgan: Turkish Banks Cem CetingucPosted on30 November, 2021 We upgrade select subs of Turkish large banks from N to OW. For this upgrade … Continue ReadingJP Morgan: Turkish Banks
Categories General HIGHLIGHTS Politics Erdogan faces an uphill battle to win over Alevi community Cem CetingucPosted on30 November, 2021 Ali Erdem leads his Alevi community each week in a ceremony filled with symbolic ritual, … Continue ReadingErdogan faces an uphill battle to win over Alevi community
Categories Business General HIGHLIGHTS Turkey is Collateral Damage in Erdoğan’s Hostage Diplomacy Atilla YeşiladaPosted on30 November, 2021 Mordy and Natalie Oknin, an Israeli couple visiting Istanbul, filmed a video last week to … Continue ReadingTurkey is Collateral Damage in Erdoğan’s Hostage Diplomacy
Categories Finance General Why Turkey’s Currency Just Collapsed: The Lira Economic Crisis – TLDR News Atilla YeşiladaPosted on30 November, 2021 So over the last few weeks (months and years) Turkey’s currency, the Lira, has … Continue ReadingWhy Turkey’s Currency Just Collapsed: The Lira Economic Crisis – TLDR News
Categories Economy General HIGHLIGHTS Turkey’s foreign trade keeps narrowing; October figures imply USD 3 bn CA surplus Güldem AtabayPosted on29 November, 2021 Turkey’s October exports posted 20.1% increase to USD 20.8 billion while the import growth was … Continue ReadingTurkey’s foreign trade keeps narrowing; October figures imply USD 3 bn CA surplus
Categories Economy Emerging Markets General HIGHLIGHTS Politics Turkey’s currency crisis textbook monetary mismanagement Güldem AtabayPosted on29 November, 2021 Central banks around the globe are currently staring at inflation rates unseen in more than … Continue ReadingTurkey’s currency crisis textbook monetary mismanagement
Categories General Politics Tim Ash: RTE campaign strategy revealed Atilla YeşiladaPosted on28 November, 2021 News this morning that an opposition Deva activist has been arrested on allegations of political … Continue ReadingTim Ash: RTE campaign strategy revealed
Categories Business General Erdogan orders probe into Turkish lira’s slump – Anadolu Agency Atilla YeşiladaPosted on28 November, 2021 Turkish President Tayyip Erdogan has ordered an investigation into possible currency manipulation after the lira … Continue ReadingErdogan orders probe into Turkish lira’s slump – Anadolu Agency
Categories General HYPED AKP adding insult to injury by mocking poverty Atilla YeşiladaPosted on27 November, 2021 The Economist interviewed Turkish citizens se suffering from deepening poverty, as well as quoting the … Continue ReadingAKP adding insult to injury by mocking poverty
Categories General HYPED Gravitas: Turkish Lira sinks, investors lose confidence | How has Erdogan’s experiment backfired? Atilla YeşiladaPosted on27 November, 2021 Apple has halted all sales in Turkey as the Lira continues to sink further. … Continue ReadingGravitas: Turkish Lira sinks, investors lose confidence | How has Erdogan’s experiment backfired?
Categories Economy General HIGHLIGHTS Turkish deputy minister expresses determination to continue policy of interest rate cuts Güldem AtabayPosted on26 November, 2021 Turkey is determined to continue a policy of interest rate cuts, and “manipulative attacks” on the … Continue ReadingTurkish deputy minister expresses determination to continue policy of interest rate cuts
Categories General HIGHLIGHTS Politics Istanbul court rules to keep Osman Kavala behind bars Güldem AtabayPosted on26 November, 2021 An Istanbul court on Nov. 26 ruled to keep philanthropist Osman Kavala in prison, after … Continue ReadingIstanbul court rules to keep Osman Kavala behind bars