Categories Company & Industry Economy General HIGHLIGHTS HYPED Turkish tourism sector struggles amid Russian sanctions Cem CetingucPosted on17 September, 2022 Turkey’s tourism industry is feeling the impact of sanctions on Moscow, as Russian tourists are … Continue ReadingTurkish tourism sector struggles amid Russian sanctions
Categories Business HIGHLIGHTS Politics UPDATE-2: Erdogan – Putin summit: Turkey to pay 25% of Russian gas bill in rubles Atilla YeşiladaPosted on16 September, 202216 September, 2022 The update adds excerpts from a Moscow Times article covering the topic: The Moscow Times: … Continue ReadingUPDATE-2: Erdogan – Putin summit: Turkey to pay 25% of Russian gas bill in rubles
Categories General HIGHLIGHTS Ukraine Counter-Attack Will Have Daunting Consequences for Turkey Atilla YeşiladaPosted on16 September, 2022 kraine’s counterattack in Kharkiv and Kherson doesn’t guarantee the country a victory, but Putin … Continue ReadingUkraine Counter-Attack Will Have Daunting Consequences for Turkey
Categories Economy Emerging Markets General HIGHLIGHTS IMF concerns for EM growth as debts increase Cem CetingucPosted on16 September, 202216 September, 2022 About a quarter of emerging market nations and more than 60% of low-income countries are … Continue ReadingIMF concerns for EM growth as debts increase
Categories Business Finance General HIGHLIGHTS HYPED Bloomberg: Boom in Turkish Bank Stocks Is Halted by $5.1 Billion Rout Cem CetingucPosted on16 September, 2022 Turkish bank stocks headed for their steepest three-day drop on record as recent huge gains … Continue ReadingBloomberg: Boom in Turkish Bank Stocks Is Halted by $5.1 Billion Rout
Categories General HIGHLIGHTS HYPED Politics Europe may compete with Turkey for Mediterranean gas Cem CetingucPosted on16 September, 2022 In search of alternative energy resources, Europe may compete for Mediterranean gas with Turkey, which … Continue ReadingEurope may compete with Turkey for Mediterranean gas
Categories Company & Industry General HIGHLIGHTS HYPED Tech Turkey’s first unmanned armed vessel MARLIN intoduced to public Cem CetingucPosted on16 September, 2022 Following Turkey’s armed drones, the unmanned marine vessel of Turkey, MARLIN SİDA, would be a … Continue ReadingTurkey’s first unmanned armed vessel MARLIN intoduced to public
Categories Economy HIGHLIGHTS Politics Russians’ Mir credit cards rejected in Turkish hotels as West pressures Ankara Güldem AtabayPosted on15 September, 2022 Some hotels in Turkey have stopped accepting Russian credit cards using the Mir payment system, according to Russian media … Continue ReadingRussians’ Mir credit cards rejected in Turkish hotels as West pressures Ankara
Categories Business Finance HIGHLIGHTS HYPED Turkish bank stocks fall 10 percent after futures-driven rally Cem CetingucPosted on15 September, 202215 September, 2022 Turkey’s bank stocks tumbled the maximum permitted 9.9% on Wednesday, reversing a multi-week rally driven … Continue ReadingTurkish bank stocks fall 10 percent after futures-driven rally
Categories Business Company & Industry Economy General HIGHLIGHTS Turkey expects record-breaking tourist season this winter Cem CetingucPosted on15 September, 2022 Turkey is promoting a balmy winter stay along its southern Mediterranean coast for European tourists, … Continue ReadingTurkey expects record-breaking tourist season this winter
Categories General HIGHLIGHTS HYPED Politics Kavcıoğlu: We aim for ‘long-term solutions’ Cem CetingucPosted on15 September, 2022 The Turkish Central Bank is using a determined strategy to ensure a consistently rising interest in the Turkish … Continue ReadingKavcıoğlu: We aim for ‘long-term solutions’
Categories Emerging Markets HIGHLIGHTS Danske Bank: Most vulnerable EM economies are Sri Lanka, Turkey, Pakistan and Poland Atilla YeşiladaPosted on14 September, 2022 Our updated EM vulnerability heatmap looks at EM economies’ sensitivities to global financial tightening and … Continue ReadingDanske Bank: Most vulnerable EM economies are Sri Lanka, Turkey, Pakistan and Poland
Categories Economy Finance General HIGHLIGHTS HYPED Politics Bloomberg: Mystery Money Flows into Turkey reach new highs Cem CetingucPosted on14 September, 202214 September, 2022 Mystery capital flows into Turkey have reached new highs, allowing policy makers to boost foreign … Continue ReadingBloomberg: Mystery Money Flows into Turkey reach new highs
Categories Economy General HIGHLIGHTS Istanbul becomes leading tourist destination in Europe Cem CetingucPosted on14 September, 2022 Recording a 2 percent increase in flight arrivals compared to the pre-pandemic period, Istanbul has been the … Continue ReadingIstanbul becomes leading tourist destination in Europe
Categories Economy General HIGHLIGHTS HYPED Turkish construction costs rise 6.5 percent Cem CetingucPosted on14 September, 2022 The construction cost index rose by 6.5 percent in July from the previous month, bringing the annual … Continue ReadingTurkish construction costs rise 6.5 percent
Categories Atilla Yeşilada Economy HIGHLIGHTS ANALYSIS: Economy loses steam by mid-summer Atilla YeşiladaPosted on14 September, 2022 Turkstat and Central Bank of Turkey released a batch of data from the month of … Continue ReadingANALYSIS: Economy loses steam by mid-summer
Categories Business Economy HIGHLIGHTS Qatar Investment Authority becomes a partner in Turkey’s Eurasia Tunnel Güldem AtabayPosted on13 September, 2022 The Qatar Investment Authority (QIA) has bought a stake in the Eurasia Tunnel company in … Continue ReadingQatar Investment Authority becomes a partner in Turkey’s Eurasia Tunnel
Categories Economy HIGHLIGHTS Politics Erdogan Vows Half-Million New Homes in $50 Billion Vote Push Güldem AtabayPosted on13 September, 2022 Turkish President Recep Tayyip Erdogan unveiled plans to spend $50 billion building 500,000 new homes … Continue ReadingErdogan Vows Half-Million New Homes in $50 Billion Vote Push
Categories Economy Finance HIGHLIGHTS Mystery Money Flows Help Turkey Finance Widening Foreign Gap Güldem AtabayPosted on13 September, 2022 Mystery capital flows into Turkey have reached new highs, allowing policy makers to boost foreign … Continue ReadingMystery Money Flows Help Turkey Finance Widening Foreign Gap
Categories Economy Finance HIGHLIGHTS Politics Turkey’s Odd Bond Yields Show a Market Warped by Erdogan Güldem AtabayPosted on13 September, 2022 Turkish debt markets are becoming increasingly disconnected from economic reality as the government’s lira and … Continue ReadingTurkey’s Odd Bond Yields Show a Market Warped by Erdogan