Categories Business Economy General HIGHLIGHTS HYPED Turkey eases pandemic restrictions for foreign visitors Cem CetingucPosted on1 June, 2022 The Interior Ministry announced that polymerase chain reaction (PCR) tests would not be asked from visitors arriving … Continue ReadingTurkey eases pandemic restrictions for foreign visitors
Categories General HIGHLIGHTS Politics Turkey submits ‘Schengen System abuse’ report to PACE Cem CetingucPosted on1 June, 2022 Turkey is prepared to submit a report titled “The Abuse of the Schengen System as a Political Sanction … Continue ReadingTurkey submits ‘Schengen System abuse’ report to PACE
Categories Business Company & Industry General HIGHLIGHTS Tupras | Upgrade to Buy: Weaker TRY shifts balance of risk Cem CetingucPosted on1 June, 20221 June, 2022 Exceptionally strong refining margins… Tupras continues to enjoy exceptionally strong refining margins on the back … Continue ReadingTupras | Upgrade to Buy: Weaker TRY shifts balance of risk
Categories Economy Finance General HIGHLIGHTS Macro View: Economic activity remains buoyant with pulled-forward domestic demand Cem CetingucPosted on1 June, 2022 1Q22 GDP growth reaches 7.3%, in line with expectations. TurkStat announced that 1Q22 GDP growth reached … Continue ReadingMacro View: Economic activity remains buoyant with pulled-forward domestic demand
Categories Economy HIGHLIGHTS Turkey’s 1Q22 GDP growth at 7.3 percent- inflation surge speeds up consumption Güldem AtabayPosted on31 May, 2022 Turkey’s annual economic growth for 2Q22 is 7.3 percent led by consumer spending and exports. … Continue ReadingTurkey’s 1Q22 GDP growth at 7.3 percent- inflation surge speeds up consumption
Categories General HIGHLIGHTS Politics Nordics must change laws to meet Turkey’s NATO demands: Minister Cem CetingucPosted on31 May, 2022 Finland and Sweden should change their laws if needed to meet Turkey’s demands and win … Continue ReadingNordics must change laws to meet Turkey’s NATO demands: Minister
Categories HIGHLIGHTS Markets Turkish Quest to Hedge Inflation Fuels World-Beating Stocks Boom Güldem AtabayPosted on31 May, 2022 Turkish stocks have outpaced every equity market in the world this year in local currency … Continue ReadingTurkish Quest to Hedge Inflation Fuels World-Beating Stocks Boom
Categories Economy General HIGHLIGHTS Turkish economy grows 7.3 percent in first quarter Cem CetingucPosted on31 May, 2022 Turkey’s economy topped forecasts to expand by 7.3% in the first quarter of 2022, official … Continue ReadingTurkish economy grows 7.3 percent in first quarter
Categories General HIGHLIGHTS Politics Turkey summons French, German ambassadors to discuss PKK Cem CetingucPosted on31 May, 2022 Turkey has summoned ambassadors of France and Germany over the activities of the terrorist organization PKK on their territories, … Continue ReadingTurkey summons French, German ambassadors to discuss PKK
Categories Atilla Yeşilada Columnists Economy HIGHLIGHTS Video Commentary: Erdogan’s Lethal Economic Legacy Atilla YeşiladaPosted on31 May, 2022 100% inflation, $50 bn current account deficit, $181 bn foreign debt coming due. After … Continue ReadingVideo Commentary: Erdogan’s Lethal Economic Legacy
Categories HIGHLIGHTS Politics Turkey’s opposition issues second declaration for democracy Atilla YeşiladaPosted on31 May, 2022 Six opposition parties, who teamed up to re-establish the parliamentary system of government in Turkey, … Continue ReadingTurkey’s opposition issues second declaration for democracy
Categories Company & Industry General HIGHLIGHTS Markets Turkey becomes a major player in global health tourism Cem CetingucPosted on30 May, 2022 Turkey’s health services industry served more than 640,000 people from other nations, and 400,000 of … Continue ReadingTurkey becomes a major player in global health tourism
Categories Company & Industry Economy General HIGHLIGHTS Markets Turkish publishers struggle to survive amid economic crisis Cem CetingucPosted on30 May, 2022 Turkish publishers are increasingly struggling to release new books and face agonising choices to survive amid … Continue ReadingTurkish publishers struggle to survive amid economic crisis
Categories Business General HIGHLIGHTS Markets Politics Turkey to negotiate with Russia, Ukraine for grain exports Cem CetingucPosted on30 May, 202230 May, 2022 Turkey is in negotiations with Russia and Ukraine to open a corridor via the Bosphorus … Continue ReadingTurkey to negotiate with Russia, Ukraine for grain exports
Categories Economy HIGHLIGHTS Turkish inflation rate may hit 200 percent, research group says Atilla YeşiladaPosted on29 May, 2022 Consumer price inflation in Turkey may accelerate to more than 200 percent, local research organization … Continue ReadingTurkish inflation rate may hit 200 percent, research group says
Categories Atilla Yeşilada Business Columnists HIGHLIGHTS COMMENTARY: Erdogan dooms Turkey to currency volatility Atilla YeşiladaPosted on26 May, 2022 While monetary policy decisions are nominally taken and announced by Central Bank of Turkey (CBRT), … Continue ReadingCOMMENTARY: Erdogan dooms Turkey to currency volatility
Categories Finance HIGHLIGHTS JP Morgan on Central Bank of Turkey: CBRT remains on hold, signals new macroprudential measures Atilla YeşiladaPosted on26 May, 2022 As widely expected, the CBRT left its key policy rate unchanged at 14.0%. Also, as … Continue ReadingJP Morgan on Central Bank of Turkey: CBRT remains on hold, signals new macroprudential measures
Categories Finance HIGHLIGHTS Markets Morgan Stanley: CBT Preview: Something’s Gotta Give Atilla YeşiladaPosted on26 May, 2022 We expect the CBT to stay on hold on May 26, but the need for … Continue ReadingMorgan Stanley: CBT Preview: Something’s Gotta Give
Categories Company & Industry General HIGHLIGHTS Markets Turkey: main destination for EU’s waste exports Cem CetingucPosted on25 May, 2022 Turkey is the largest destination for waste exported from the EU, with a volume of around 14.7 … Continue ReadingTurkey: main destination for EU’s waste exports
Categories Economy General HIGHLIGHTS Turkish government contemplates rent price cap to battle against soaring prices Cem CetingucPosted on25 May, 2022 To discuss the sharp increase in housing and rent prices, the Ministry of Environment, Urbanization … Continue ReadingTurkish government contemplates rent price cap to battle against soaring prices
