Categories HIGHLIGHTS Politics Erdoğan: Digital media undermining moral values Cem CetingucPosted on26 November, 2024 President Recep Tayyip Erdoğan has said the increasingly influential digital world has been eroding moral values on a vast … Continue ReadingErdoğan: Digital media undermining moral values
Categories Finance HIGHLIGHTS Markets Four investment banks comment on CBRT rate cuts Atilla YeşiladaPosted on25 November, 2024 Goldman Sachs, UBS, Deutsche Bank and Citi shared their expectations after the CBRT’s interest rate … Continue ReadingFour investment banks comment on CBRT rate cuts
Categories General HIGHLIGHTS New clashes in Syria between Kurdish forces and Turkish proxies Atilla YeşiladaPosted on25 November, 2024 Heavy fighting between Syrian Kurdish forces and Turkish-affiliated proxies near the northeastern city of Aleppo … Continue ReadingNew clashes in Syria between Kurdish forces and Turkish proxies
Categories HIGHLIGHTS Politics Rutte: Türkiye is an invaluable asset to NATO Cem CetingucPosted on25 November, 2024 In a growingly unpredictable world, Türkiye’s contribution to the collective security of NATO is invaluable, the chief … Continue ReadingRutte: Türkiye is an invaluable asset to NATO
Categories Business Company & Industry HIGHLIGHTS Turkish startups secure $4.7B in investments over four years Cem CetingucPosted on25 November, 202425 November, 2024 Türkiye’s technology startup ecosystem has shown significant growth recently and has attracted $4.7 billion in … Continue ReadingTurkish startups secure $4.7B in investments over four years
Categories Business Company & Industry HIGHLIGHTS Zeren Group finalizes Türkiye Petrolleri acquisition Cem CetingucPosted on25 November, 2024 ISTANBUL, Nov. 25, 2024 (GLOBE NEWSWIRE) — Zeren Group has successfully completed its acquisition of … Continue ReadingZeren Group finalizes Türkiye Petrolleri acquisition
Categories General HIGHLIGHTS Politics Turkish Minister urges ‘visa liberalization’ amid rising Schengen rejections Cem CetingucPosted on25 November, 2024 Hakan Fidan, the Foreign Minister of Türkiye, has urged the EU to accelerate the visa … Continue ReadingTurkish Minister urges ‘visa liberalization’ amid rising Schengen rejections
Categories Business Economy HIGHLIGHTS Turkish economy: Supply-demand imbalance a hinderance to disinflation Atilla YeşiladaPosted on25 November, 2024 Growth outlook remained weak, while the demand indicators point to a slower-than-desired correction. Considering tight … Continue ReadingTurkish economy: Supply-demand imbalance a hinderance to disinflation
Categories HIGHLIGHTS Politics Turkey sacks two more mayors, as Erdogan cracks down on the opposition Atilla YeşiladaPosted on25 November, 2024 Two opposition mayors in eastern Turkey have been removed from office after being convicted of … Continue ReadingTurkey sacks two more mayors, as Erdogan cracks down on the opposition
Categories General HIGHLIGHTS Robert Ellis: The Trump administration may not be the walkover Erdogan expects Atilla YeşiladaPosted on25 November, 2024 Donald Trump’s reelection has been met with mixed feelings but not in Turkey. President Erdogan … Continue ReadingRobert Ellis: The Trump administration may not be the walkover Erdogan expects
Categories Finance HIGHLIGHTS Flow of funds Report: CBRT reserves decline, foreign funds buy TL assets Atilla YeşiladaPosted on23 November, 2024 In the week of November 15, the USD1.6 billion decrease in the CBRT’s net FX … Continue ReadingFlow of funds Report: CBRT reserves decline, foreign funds buy TL assets
Categories Finance HIGHLIGHTS Morgan Stanley: Turkey rate cuts knocking on the door Atilla YeşiladaPosted on23 November, 2024 A softer tone and implicit real rates guidance signal that the CBT is getting ready … Continue ReadingMorgan Stanley: Turkey rate cuts knocking on the door
Categories General HIGHLIGHTS Australia and Turkey vie to host pivotal 2026 climate talks Cem CetingucPosted on22 November, 2024 As Cop29 in Azerbaijan reaches final stages, countries try to shore up support for conference … Continue ReadingAustralia and Turkey vie to host pivotal 2026 climate talks
Categories Company & Industry HIGHLIGHTS Google restrictions endanger independent media in Turkey Cem CetingucPosted on22 November, 2024 Google reduced visibility for independent Turkish news outlets on its platforms, causing traffic losses of … Continue ReadingGoogle restrictions endanger independent media in Turkey
Categories Economy HIGHLIGHTS CBRT maintains 50% interest rate for eighth consecutive time Cem CetingucPosted on22 November, 2024 The Central Bank of Turkey kept its interest rate steady at 50 percent in November, … Continue ReadingCBRT maintains 50% interest rate for eighth consecutive time
Categories HIGHLIGHTS HYPED Politics Gold smuggling scandal tied to Turkish MP resignations poised to widen Cem CetingucPosted on22 November, 2024 While three MPs from the ruling coalition partner MHP have recently resigned amidst allegations tied … Continue ReadingGold smuggling scandal tied to Turkish MP resignations poised to widen
Categories HIGHLIGHTS Politics Türkiye backs ICC arrest warrant for Netanyahu Cem CetingucPosted on22 November, 2024 Israel and its allies denounced the International Criminal Court’s decision to issue an arrest warrant Thursday for … Continue ReadingTürkiye backs ICC arrest warrant for Netanyahu
Categories Business Company & Industry HIGHLIGHTS Turkey’s real estate prices collapse in real terms Atilla YeşiladaPosted on20 November, 2024 Turkish house sales have been rising for three months in a row, breaking a 22-monht … Continue ReadingTurkey’s real estate prices collapse in real terms
Categories Finance HIGHLIGHTS Treasury borrows $2.5 in 5.5 year issue amidst record bid Atilla YeşiladaPosted on20 November, 2024 The Ministry of Treasury and Finance reported that the amount of sukuk issuance with a … Continue ReadingTreasury borrows $2.5 in 5.5 year issue amidst record bid
Categories HIGHLIGHTS Markets ANALYSIS: Turkish stocks retreat for a second day, as carry trade heads for the door Atilla YeşiladaPosted on20 November, 2024 Turkey stocks were lower after the close on Wednesday, as losses in the Transport, Wood, … Continue ReadingANALYSIS: Turkish stocks retreat for a second day, as carry trade heads for the door