Categories Economy General HIGHLIGHTS Lira Plunges Ninth Day as Turkish Banks Cut Down Dollar Sales Güldem AtabayPosted on17 May, 2022 Turkey’s lira tumbled for a ninth day, hitting a new low for the year, as … Continue ReadingLira Plunges Ninth Day as Turkish Banks Cut Down Dollar Sales
Categories General HIGHLIGHTS Markets Ministry to dismiss claims of Indian wheat import Cem CetingucPosted on17 May, 2022 The Agriculture and Forestry Ministry has dismissed claims in some media outlets suggesting that Turkey is importing wheat from India. … Continue ReadingMinistry to dismiss claims of Indian wheat import
Categories HIGHLIGHTS Politics The Guardian: Erdogan shuts the door to Sweden-Finland NATO accession Atilla YeşiladaPosted on16 May, 2022 Turkey has said it will not approve Sweden and Finland joining it as NATO members, … Continue ReadingThe Guardian: Erdogan shuts the door to Sweden-Finland NATO accession
Categories Economy Finance General HIGHLIGHTS Y.F. Macro Focus: Transfers to FX protected deposit accounts and SOEs put downward pressure Cem CetingucPosted on16 May, 2022 In April, budget gave a deficit of TRY50.2bn (Apr.21: TRY-16.9bn, Mar.22: TRY-69bn). Despite, there was no … Continue ReadingY.F. Macro Focus: Transfers to FX protected deposit accounts and SOEs put downward pressure
Categories General HIGHLIGHTS HYPED Politics Turkey foreign diplomacy is key for peace in Ukraine: Kalın Cem CetingucPosted on16 May, 2022 Turkey must maintain a delicate diplomatic balance following Russia’s invasion of Ukraine so that it … Continue ReadingTurkey foreign diplomacy is key for peace in Ukraine: Kalın
Categories Economy General HIGHLIGHTS Turkish life standards hit the bottom due to high inflation Cem CetingucPosted on16 May, 2022 Inflation in Turkey hit a two-decade high of almost 70% in April, as prices of … Continue ReadingTurkish life standards hit the bottom due to high inflation
Categories General HIGHLIGHTS Politics Turkey condemns US over Syria strategy Cem CetingucPosted on16 May, 202216 May, 2022 The United States’ decision to exempt YPG-controlled areas in northern Syria from American sanctions is discriminatory … Continue ReadingTurkey condemns US over Syria strategy
Categories Finance HIGHLIGHTS Markets Standard Chartered: Tourism has the potential to get TL out the bind, but Ankara to squander opportunity Atilla YeşiladaPosted on14 May, 2022 Opportunity, but it may be squandered The TRY is particularly exposed to the Russia-Ukraine war. … Continue ReadingStandard Chartered: Tourism has the potential to get TL out the bind, but Ankara to squander opportunity
Categories Economy Finance HIGHLIGHTS Commentary: Turkey’s Slow-Motion Currency Crash Atilla YeşiladaPosted on13 May, 2022 It is the time of the year, when Turkey has another currency crash. It happens … Continue ReadingCommentary: Turkey’s Slow-Motion Currency Crash
Categories Business HIGHLIGHTS A new instrument in inflation-fighting: Begging businesses to stop it Atilla YeşiladaPosted on13 May, 2022 Turkey added “begging” to the arsenal of conventional and unconventional tools to fight inaction. Turkish … Continue ReadingA new instrument in inflation-fighting: Begging businesses to stop it
Categories General HIGHLIGHTS Erdogan throws sand in NATO expansion wheels Atilla YeşiladaPosted on13 May, 2022 Turkish President Tayyip Erdogan said on Friday it was not possible for NATO-member Turkey to … Continue ReadingErdogan throws sand in NATO expansion wheels
Categories Economy HIGHLIGHTS Politics Top court upholds prison sentence to CHP’s İstanbul Chair Güldem AtabayPosted on12 May, 2022 The Supreme Court of Appeals upheld the prison sentence given to main opposition Republican People’s … Continue ReadingTop court upholds prison sentence to CHP’s İstanbul Chair
Categories Company & Industry Finance HIGHLIGHTS Markets Turkey Food Retail: Strong top-line growth helps deliver stable profitability Cem CetingucPosted on12 May, 2022 Strong growth momentum with trade down environment: Turkish food retailers report strong sales growth momentum … Continue ReadingTurkey Food Retail: Strong top-line growth helps deliver stable profitability
Categories Economy Emerging Markets Finance HIGHLIGHTS Markets Politics FT: Turkey dials up the pressure on banks as lira slides Güldem AtabayPosted on12 May, 2022 Turkish authorities have raised the pressure on the country’s banks to limit corporate clients’ purchases of foreign … Continue ReadingFT: Turkey dials up the pressure on banks as lira slides
Categories General HIGHLIGHTS Politics WSJ: Biden asks congress approval for Turkey F-16 deal Cem CetingucPosted on12 May, 202212 May, 2022 President Joe Biden’s administration asked congressional leaders last month to approve a new weapons deal … Continue ReadingWSJ: Biden asks congress approval for Turkey F-16 deal
Categories Company & Industry General HIGHLIGHTS Markets Tech Binance Turkey warns investors regarding Billboard scams Cem CetingucPosted on12 May, 2022 Istanbul, Turkey is awash in billboards advertising new crypto offerings from virtual asset exchanges, but … Continue ReadingBinance Turkey warns investors regarding Billboard scams
Categories Business Company & Industry Finance HIGHLIGHTS Turkey Food Retail: Strong top-line growth helps deliver stable profitability Cem CetingucPosted on12 May, 2022 Strong growth momentum with trade down environment: Turkish food retailers report strong sales growth momentum … Continue ReadingTurkey Food Retail: Strong top-line growth helps deliver stable profitability
Categories Emerging Markets General HIGHLIGHTS Politics Turkey, Pakistan to initiate security discussions Cem CetingucPosted on11 May, 2022 Turkey and Pakistan initiated security discussions in Istanbul on Tuesday, bringing together scholars and practitioners … Continue ReadingTurkey, Pakistan to initiate security discussions
Categories Business General HIGHLIGHTS Markets Turkey-Kazakhstan trade deal aims to reach 10 Billion dollars Cem CetingucPosted on11 May, 2022 Erdoğan and President Kassym-Jomart K. Tokayev of Kazakhstan held a joint press conference following their meeting … Continue ReadingTurkey-Kazakhstan trade deal aims to reach 10 Billion dollars
Categories General HIGHLIGHTS Ambassador William Roebuck: Why did Erdogan fly to Jeddah? Atilla YeşiladaPosted on11 May, 2022 Turkish President Recep Tayyip Erdogan’s two-day visit to Saudi Arabia at the end of April … Continue ReadingAmbassador William Roebuck: Why did Erdogan fly to Jeddah?
