Categories HIGHLIGHTS Politics Erdogan will run for presidency for a third term. What does it mean for Turkish politics? Atilla YeşiladaPosted on25 June, 2022 Turkish President Recep Tayyip Erdogan earlier this month formally announced his candidacy for re-election to … Continue ReadingErdogan will run for presidency for a third term. What does it mean for Turkish politics?
Categories Economy HIGHLIGHTS Markets Politics Turkey’s Ban on Lira Loans to Some Firms Fires Up Currency Rally Güldem AtabayPosted on24 June, 2022 Turkey stepped up efforts to bolster the lira and cool off lending with a surprise … Continue ReadingTurkey’s Ban on Lira Loans to Some Firms Fires Up Currency Rally
Categories Economy Finance HIGHLIGHTS JP Morgan: Turkey: the CBRT shows no intention of tightening its policy Atilla YeşiladaPosted on24 June, 2022 Despite stronger price pressures and tighter global liquidity, the CBRT, once again, kept rates unchanged … Continue ReadingJP Morgan: Turkey: the CBRT shows no intention of tightening its policy
Categories Economy General HIGHLIGHTS Politics Erdoğan may call Turkish elections for May next year Güldem AtabayPosted on22 June, 2022 Turkish President Recep Tayyip Erdoğan may call presidential and parliamentary elections for May next year, … Continue ReadingErdoğan may call Turkish elections for May next year
Categories Economy HIGHLIGHTS Politics Turkey’s consumer confidence extends record low in May Güldem AtabayPosted on22 June, 2022 Turkey’s benchmark index of consumer confidence extended a record low last month as inflation hit … Continue ReadingTurkey’s consumer confidence extends record low in May
Categories Economy HIGHLIGHTS Politics 70 percent of Turks unable to go on holiday amid financial woes, finds survey Güldem AtabayPosted on22 June, 2022 Some 70 percent of Turkish citizens reported having no holiday plans amid financial woes, according … Continue Reading70 percent of Turks unable to go on holiday amid financial woes, finds survey
Categories Economy HIGHLIGHTS Politics Turkey Plans Stealth Power Hikes Hoping to Avoid Repeat of Protests Güldem AtabayPosted on21 June, 2022 Turkey aims to raise electricity prices steadily throughout the year to avoid a repeat of … Continue ReadingTurkey Plans Stealth Power Hikes Hoping to Avoid Repeat of Protests
Categories Economy HIGHLIGHTS Politics Saudi crown prince visits Egypt and Jordan before Turkey Güldem AtabayPosted on21 June, 2022 A Saudi diplomat said that Saudi Crown Prince Mohammed bin Salman begins a regional tour on … Continue ReadingSaudi crown prince visits Egypt and Jordan before Turkey
Categories HIGHLIGHTS Politics Turkey is open to bid on Eurofighter Typhoon warplanes if F-16s deal fails Güldem AtabayPosted on21 June, 2022 The Turkish government may be interested in buying Eurofighter Typhoon warplanes if its F-16 purchase … Continue ReadingTurkey is open to bid on Eurofighter Typhoon warplanes if F-16s deal fails
Categories Economy HIGHLIGHTS Turkey runs out of budget by June! Atilla YeşiladaPosted on21 June, 2022 Turkey’s government has submitted a proposal to parliament for a supplementary budget of some 1 … Continue ReadingTurkey runs out of budget by June!
Categories Business HIGHLIGHTS Daily Sabah: Turkey signals wage hike to help workers amid soaring inflation Atilla YeşiladaPosted on21 June, 2022 The Turkish government on Tuesday signaled it could boost wages as of July, in an … Continue ReadingDaily Sabah: Turkey signals wage hike to help workers amid soaring inflation
Categories Business General HIGHLIGHTS MBS to pay a visit to Ankara, but WHY? Atilla YeşiladaPosted on18 June, 2022 Saudi Crown Prince Mohammed bin Salman (MBS) will visit Ankara next week, Turkish President Recep … Continue ReadingMBS to pay a visit to Ankara, but WHY?
Categories General HIGHLIGHTS Politics Opposition leader Babacan: Erdogan to bankrupt Turkey Atilla YeşiladaPosted on18 June, 2022 Turkey is on the verge of total bankruptcy, according to President Recep Tayyip Erdogan’s former … Continue ReadingOpposition leader Babacan: Erdogan to bankrupt Turkey
Categories Economy HIGHLIGHTS Goldman sees Turkey inflation of near 80% before relief comes Atilla YeşiladaPosted on17 June, 2022 Goldman Sachs said on Friday it expects annual inflation in Turkey to reach almost 80% … Continue ReadingGoldman sees Turkey inflation of near 80% before relief comes
Categories General HIGHLIGHTS Politics U.S.-led coalition says it detained senior ISIS leader in Syria Güldem AtabayPosted on16 June, 2022 The U.S.-led coalition said it had detained a senior Islamic State group leader in Syria … Continue ReadingU.S.-led coalition says it detained senior ISIS leader in Syria
Categories Business General HIGHLIGHTS Turkey’s leader changes mind again on new name for airline Atilla YeşiladaPosted on16 June, 2022 Turkey’s president, in a push to recast top Turkish assets to avoid any possible derogatory … Continue ReadingTurkey’s leader changes mind again on new name for airline
Categories Business HIGHLIGHTS Turkey’ leading business lobby rebels against Erdogan Atilla YeşiladaPosted on16 June, 2022 Turkish President Recep Tayyip Erdoğan on Wednesday blasted Turkish business group TÜSIAD’s chair Orhan Turan … Continue ReadingTurkey’ leading business lobby rebels against Erdogan
Categories Economy Finance General HIGHLIGHTS Markets Turkey Wants to Claw Back More Dollars With Cheap Exporter Loans Güldem AtabayPosted on13 June, 2022 Turkey is making another effort to arrest a precipitous decline in its currency by dangling … Continue ReadingTurkey Wants to Claw Back More Dollars With Cheap Exporter Loans
Categories Economy General HIGHLIGHTS Turkey Credit Default Swaps Jump to 19-Year High Amid Lira Woes Güldem AtabayPosted on13 June, 2022 The cost to insure against a debt default by Turkey’s government in the next five … Continue ReadingTurkey Credit Default Swaps Jump to 19-Year High Amid Lira Woes
Categories Economy HIGHLIGHTS April CA deficit rises to USD 21.1bn in first trimester from USD9.1 year ago Atilla YeşiladaPosted on13 June, 2022 In April, Current Account (CA) posted a monthly deficit of USD2.7bn (Cons.: USD -3.1bn) vs … Continue ReadingApril CA deficit rises to USD 21.1bn in first trimester from USD9.1 year ago