Categories HIGHLIGHTS Politics Don’t expect Turkey and Syria to normalise relations any time soon Güldem AtabayPosted on16 August, 2022 Turkish Foreign Minister Mevlut Cavusoglu’s revelation on Thursday that he met his Syrian counterpart after a … Continue ReadingDon’t expect Turkey and Syria to normalise relations any time soon
Categories Economy Emerging Markets General HIGHLIGHTS HYPED Reuters: Russia to buy Lira, Yuan, Rupees for the rainy days Cem CetingucPosted on16 August, 2022 Russia is considering buying the currencies of “friendly” countries such as China, India and Turkey … Continue ReadingReuters: Russia to buy Lira, Yuan, Rupees for the rainy days
Categories Economy HIGHLIGHTS Politics Contract for delivery of 2nd regiment of S-400 system signed with Turkey-Russian agency Güldem AtabayPosted on16 August, 2022 A contract has been signed to deliver a second regiment of the S-400 missile system … Continue ReadingContract for delivery of 2nd regiment of S-400 system signed with Turkey-Russian agency
Categories General HIGHLIGHTS HYPED Politics AK Party’s 21st anniversary: For whom the bell tolls Cem CetingucPosted on16 August, 202216 August, 2022 Turkey’s longest serving ruling party Justice and Development Party (AKP) on Aug. 14 celebrated its … Continue ReadingAK Party’s 21st anniversary: For whom the bell tolls
Categories HIGHLIGHTS HYPED Politics Erdogan trys to play his card right for upcoming elections Cem CetingucPosted on16 August, 2022 A series of diplomatic wins, capped by the deal to resume Ukraine’s grain exports, provides … Continue ReadingErdogan trys to play his card right for upcoming elections
Categories Economy HIGHLIGHTS Garanti BBVA: Activity decelerates fast in early 3Q Atilla YeşiladaPosted on15 August, 2022 Early indicators herald GDP slow-down in 3Q2022 … Read More >Garanti BBVA: Activity decelerates fast in early 3Q
Categories Finance HIGHLIGHTS July budget analysis: So far, so good Atilla YeşiladaPosted on15 August, 2022 YTD budget outturn exceeds expectations, YE target within reach … Read More >July budget analysis: So far, so good
Categories Economy HIGHLIGHTS Özlem Derici Şengül Turkey’s inflation expectations out of control, TL to depreciate further vs USD Atilla YeşiladaPosted on14 August, 2022 Central Bank survey reveals uncontrolled risies in inflation forecasts … Read More >Turkey’s inflation expectations out of control, TL to depreciate further vs USD
Categories General HIGHLIGHTS Politics July polls reveal opposition inching ahead of AKP-MHP Atilla YeşiladaPosted on14 August, 2022 Turkey’s opposition parties lead in polls with 11 months to go to general elections … Read More >July polls reveal opposition inching ahead of AKP-MHP
Categories Business Finance HIGHLIGHTS Moody’s downgrades Turkey “at midnight hour” Atilla YeşiladaPosted on12 August, 2022 Ratings agency Moody’s on Friday lowered Turkey’s sovereign credit rating by one notch to “B3” … Continue ReadingMoody’s downgrades Turkey “at midnight hour”
Categories Business Economy HIGHLIGHTS COMMENTARY: June data exceeds expectations , but outlook remains dim Atilla YeşiladaPosted on12 August, 202212 August, 2022 After a boom in Q2, economy set to slow in Q3 … Read More >COMMENTARY: June data exceeds expectations , but outlook remains dim
Categories Emerging Markets General HIGHLIGHTS Politics Turkey, Pakistan signs trade agreement worth 5B dollars Cem CetingucPosted on12 August, 2022 Turkey and Pakistan on Friday signed a trade agreement aimed at pushing bilateral trade up … Continue ReadingTurkey, Pakistan signs trade agreement worth 5B dollars
Categories General HIGHLIGHTS HYPED Politics Normalization efforts continue between Turkey and Armenia Cem CetingucPosted on12 August, 202212 August, 2022 As part of the normalization process between Türkiye and Armenia, the officials of the two countries will meet in September … Continue ReadingNormalization efforts continue between Turkey and Armenia
Categories General HIGHLIGHTS HYPED Brown bear high on ‘mad honey’ rescued in Turkey Cem CetingucPosted on12 August, 202212 August, 2022 A disoriented brown bear cub, believed to have become intoxicated after eating an excessive amount … Continue ReadingBrown bear high on ‘mad honey’ rescued in Turkey
Categories Business General HIGHLIGHTS Politics EU on alert: Turkey, Russia agree enhacing economic ties Cem CetingucPosted on12 August, 202212 August, 2022 Russia and Turkey agreed to enhance economic cooperation at a meeting held in the city … Continue ReadingEU on alert: Turkey, Russia agree enhacing economic ties
Categories General HIGHLIGHTS Turkey’s food crisis is the most severe in the Century Atilla YeşiladaPosted on12 August, 2022 A recent survey by municipality-affiliated İstanbul Planning Agency (İPA) reveals how dire Turkey’s food crisis … Continue ReadingTurkey’s food crisis is the most severe in the Century
Categories Economy HIGHLIGHTS C/A deficit rises to UDS33bn in June, may reach USD50bn by end-22 Atilla YeşiladaPosted on12 August, 2022 Turkey’s external deficits are becoming unsustainable … Read More >C/A deficit rises to UDS33bn in June, may reach USD50bn by end-22
Categories Economy General HIGHLIGHTS Turkey’s current account gap widens, with no respite in sight for the lira Güldem AtabayPosted on11 August, 2022 Turkey’s current account deficit widened to $32.4 billion in the first half of the year, Central … Continue ReadingTurkey’s current account gap widens, with no respite in sight for the lira
Categories Business Economy General HIGHLIGHTS Turkish tourism is booming: back to pre-pandemic era Cem CetingucPosted on11 August, 202211 August, 2022 Türkiye’s tourism industry is headed for a good year as revenues nearly tripled in the … Continue ReadingTurkish tourism is booming: back to pre-pandemic era
Categories Economy General HIGHLIGHTS Istanbul, Ankara are on the top ten cheapest cities list Cem CetingucPosted on11 August, 202211 August, 2022 Due to the difference in the exchange rate or the suitability of living and working … Continue ReadingIstanbul, Ankara are on the top ten cheapest cities list
