Categories Economy General USD/TRY set to hit new highs at 9.00 by year-end – Standard Chartered Güldem AtabayPosted on12 August, 2021 The Central Bank of the Republic of Turkey (CBRT) is likely to keep its weekly … Continue ReadingUSD/TRY set to hit new highs at 9.00 by year-end – Standard Chartered
Categories Economy General Markets Central bank policy rate kept at 19 percent yet rate cut bets are open Güldem AtabayPosted on12 August, 2021 The Turkish Central Bank Monetary Policy Committee (MPC) kept the one-week repo auction interest rate, … Continue ReadingCentral bank policy rate kept at 19 percent yet rate cut bets are open
Categories General HIGHLIGHTS Turkey can’t shake off the Covid-19 menace Atilla YeşiladaPosted on12 August, 2021 Turkey recorded 26,597 new coronavirus cases on Tuesday, close to last week’s three-month high, and … Continue ReadingTurkey can’t shake off the Covid-19 menace
Categories General HYPED Turkey pays the price of 20 years of neglect with natural disasters Atilla YeşiladaPosted on10 August, 2021 From flash floods to forest fires, drought to “sea snot”, Turkey is bearing the brunt … Continue ReadingTurkey pays the price of 20 years of neglect with natural disasters
Categories General HIGHLIGHTS Turkey’s Covid-19 nightmare comes back with vengeance Atilla YeşiladaPosted on9 August, 2021 Covid-19 is making its 4th deadly round in Turkey, as President Erdogan once again traded … Continue ReadingTurkey’s Covid-19 nightmare comes back with vengeance
Categories Company & Industry General Politics Turkey’s defense industry is taking tremendous strides.. Why? Cem CetingucPosted on9 August, 2021 In June, the Turkish navy successfully test-fired the Atmaca, Turkey’s first domestically produced long-range anti-ship cruise missile. … Continue ReadingTurkey’s defense industry is taking tremendous strides.. Why?
Categories General HIGHLIGHTS Politics Turkey spent only fraction of forest protection budget before wildfires erupted Atilla YeşiladaPosted on8 August, 2021 As of Sunday, Turkey’s wildfires continued in 2 provinces and in six different localities, the … Continue ReadingTurkey spent only fraction of forest protection budget before wildfires erupted
Categories General HIGHLIGHTS Video Commentary: Turkey’s Annus Horribilis Atilla YeşiladaPosted on8 August, 2021 Turkey’s Annus Horribilis When it rains, it pours. Turkey has been stung by … Continue ReadingVideo Commentary: Turkey’s Annus Horribilis
Categories General Evacuations continue as wildfires reach Turkey power plant Cem CetingucPosted on6 August, 2021 A coal-fueled power plant in southwest Turkey and nearby residential areas were being evacuated Wednesday … Continue ReadingEvacuations continue as wildfires reach Turkey power plant
Categories Economy General Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on6 August, 2021 MoM expectations were over the historical averages until October (2003-2019 Median – Aug.: +0.4% Sep.: … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories General HIGHLIGHTS Reuters: Russia says Afghan Taliban offensive running out of steam Atilla YeşiladaPosted on6 August, 2021 While Ankara is still negotiating with Taliban, the Afghan government, US and EU to take … Continue ReadingReuters: Russia says Afghan Taliban offensive running out of steam
Categories General HYPED Piero Castellino: Interview with a former Türk Hava Kurumu[1] Canadair CL-215 pilot Atilla YeşiladaPosted on5 August, 2021 The Mediterranean region is being ravaged by catastrophic wildfires and Turkey is also ravaged by … Continue ReadingPiero Castellino: Interview with a former Türk Hava Kurumu[1] Canadair CL-215 pilot
Categories General Politics Germany seeks answers prior to sending defence exports to Turkey Cem CetingucPosted on5 August, 20215 August, 2021 Germany’s informal hold on defence exports to Turkey remains in place over concerns about the destination … Continue ReadingGermany seeks answers prior to sending defence exports to Turkey
Categories Economy General Erdogan: Turkish economy will grow more than 7% this year Cem CetingucPosted on5 August, 20215 August, 2021 President Tayyip Erdogan said on Wednesday Turkey’s economy would grow more than 7% this year, … Continue ReadingErdogan: Turkish economy will grow more than 7% this year
Categories General Politics Afghan refugee crisis escalates quickly in Turkey Cem CetingucPosted on5 August, 20215 August, 2021 When 16-year-old Omer got a tattoo last year of a crown on his right hand, … Continue ReadingAfghan refugee crisis escalates quickly in Turkey
Categories General HIGHLIGHTS Politics Erdogan faces mounting criticism over wildfires Atilla YeşiladaPosted on4 August, 2021 As Turkish fire crews pressed ahead Tuesday with their weeklong battle against blazes tearing through … Continue ReadingErdogan faces mounting criticism over wildfires
Categories General HIGHLIGHTS Wildfires continue in Turkey: Tourists were evacuated with rescue boats Cem CetingucPosted on3 August, 20213 August, 2021 Holidaymakers have been evacuated from beaches by rescue boats in Turkey after wildfires threatened hotels in the … Continue ReadingWildfires continue in Turkey: Tourists were evacuated with rescue boats
Categories Business General Markets Turkish exporters could face additional charges under new EU carbon laws Cem CetingucPosted on2 August, 2021 Turkish exporters of energy-intensive products such as cement, steel and aluminium could face steep additional … Continue ReadingTurkish exporters could face additional charges under new EU carbon laws
Categories General Politics US slaps sanctions on Syrian outfit with Turkey links Cem CetingucPosted on2 August, 2021 The United States on Wednesday slapped sanctions on a Syrian armed group that killed a … Continue ReadingUS slaps sanctions on Syrian outfit with Turkey links
Categories General Konya’s water sources are scorched by drought Cem CetingucPosted on2 August, 20212 August, 2021 Konya, the breadbasket of Turkey, is going through tough times with reduced precipitation levels. The … Continue ReadingKonya’s water sources are scorched by drought