Categories HIGHLIGHTS Politics Iran-Turkey invest in drone aircraft carriers to expand military influence Cem CetingucPosted on9 September, 2024 Turkey and Iran say they’re building navies capable of projecting power far from their shores, … Continue ReadingIran-Turkey invest in drone aircraft carriers to expand military influence
Categories Atilla Yeşilada Economy HIGHLIGHTS Atilla Yeşilada video commentary: Turkish economy enters stagflation | Atilla YeşiladaPosted on7 September, 2024 • A poor second quarter GDP outturn, weak summer data and rampant inflation amount … Continue ReadingAtilla Yeşilada video commentary: Turkish economy enters stagflation |
Categories Economy HIGHLIGHTS Fitch Ratings raised Turkey’s credit one notch and changed its outlook from positive to stable Güldem AtabayPosted on6 September, 20246 September, 2024 International credit rating agency Fitch Ratings upgraded Turkey’s credit rating by one notch. According to … Continue ReadingFitch Ratings raised Turkey’s credit one notch and changed its outlook from positive to stable
Categories Economy HIGHLIGHTS Akçay says Şimşek’s economic program is ‘undermining Turkish economy’ Cem CetingucPosted on6 September, 2024 In the period ahead, we will see the path ahead of Şimşek’s program narrowing further. … Continue ReadingAkçay says Şimşek’s economic program is ‘undermining Turkish economy’
Categories General HIGHLIGHTS Rising sinkholes in ‘Turkey’s granary’ threaten agricultural sector Cem CetingucPosted on6 September, 2024 Over 2,600 sinkholes in Turkey’s Konya Plain are threatening agriculture and residential areas, driven by … Continue ReadingRising sinkholes in ‘Turkey’s granary’ threaten agricultural sector
Categories Economy HIGHLIGHTS Politics Two polls reflect loss of support for the AKP as the main opposition keeps rising Güldem AtabayPosted on6 September, 2024 The figures in the latest election and political survey of SONAR, a research company close … Continue ReadingTwo polls reflect loss of support for the AKP as the main opposition keeps rising
Categories Güldem Atabay HIGHLIGHTS Growth, inflation and now the Medium Term Program: The economic picture of 2025 has become clear Güldem AtabayPosted on6 September, 2024 Last week was pivotal for the Turkish economy. First, second-quarter growth data was released, revealing … Continue ReadingGrowth, inflation and now the Medium Term Program: The economic picture of 2025 has become clear
Categories General HIGHLIGHTS Turkey imposes record fines for hunting endangered species Cem CetingucPosted on5 September, 20245 September, 2024 The country’s nature conservation body has announced the fines for hunting endangered species, which are off-limits for the … Continue ReadingTurkey imposes record fines for hunting endangered species
Categories Economy HIGHLIGHTS Medium-Term Economic Program projects 3.5% growth for 2024 Cem CetingucPosted on5 September, 20245 September, 2024 Türkiye’s economy is expected to grow by 3.5 percent this year before the GDP expansion accelerates to … Continue ReadingMedium-Term Economic Program projects 3.5% growth for 2024
Categories Economy General HIGHLIGHTS Mehmet Şimşek wows full commitment to disinflation Atilla YeşiladaPosted on5 September, 2024 Şimşek says “In the short term, our main priority is disinflation and price stability”. Minister … Continue ReadingMehmet Şimşek wows full commitment to disinflation
Categories Finance HIGHLIGHTS AllianceBernstein: Turkish Debt and Lira Face Bumpy Road Güldem AtabayPosted on5 September, 20245 September, 2024 Christian DiClementi, director of emerging-market debt at AllianceBernstein Holding LP, predicts that Turkish lira bonds … Continue ReadingAllianceBernstein: Turkish Debt and Lira Face Bumpy Road
Categories General HIGHLIGHTS Politics Turkey formally applies for BRICS membership Atilla YeşiladaPosted on5 September, 2024 NATO member Turkey has applied for membership in the BRICS bloc of developing economies, a … Continue ReadingTurkey formally applies for BRICS membership
Categories HIGHLIGHTS Politics Imamoğlu hints at 2028 presidential bid Cem CetingucPosted on4 September, 2024 I will be where the nation wants me to be,” Istanbul Mayor Ekrem Imamoğlu said on … Continue ReadingImamoğlu hints at 2028 presidential bid
Categories HIGHLIGHTS Politics Al-Sisi’s visit marks new era in bilateral relations Cem CetingucPosted on4 September, 20244 September, 2024 Türkiye and Egypt are improving bilateral relations, President Recep Tayyip Erdoğan said during his counterpart Abdel Fattah … Continue ReadingAl-Sisi’s visit marks new era in bilateral relations
Categories Economy HIGHLIGHTS Central bank comments on 2Q24 growth: a moderate but gradually increasing decline in the underlying trend of economic activity Güldem AtabayPosted on4 September, 20244 September, 2024 The Central Bank of Turkey (CBRT) has published new research note on its blog, offering … Continue ReadingCentral bank comments on 2Q24 growth: a moderate but gradually increasing decline in the underlying trend of economic activity
Categories Economy HIGHLIGHTS CBRT: Decline in food prices driven by fresh fruits and vegetables Güldem AtabayPosted on4 September, 2024 The Central Bank of the Republic of Turkey (CBRT) released its “Monthly Price Developments” report … Continue ReadingCBRT: Decline in food prices driven by fresh fruits and vegetables
Categories Economy HIGHLIGHTS CBRT Deputy Governor Karahan: Fiscal policy will provide strong support to reduce inflation in the coming period Güldem AtabayPosted on4 September, 2024 Central Bank of Turkey (CBRT) Deputy Governor Hatice Karahan has indicated that the impacts of … Continue ReadingCBRT Deputy Governor Karahan: Fiscal policy will provide strong support to reduce inflation in the coming period
Categories Economy Güldem Atabay HIGHLIGHTS Güldem Atabay: Inflation- the good, bad, ugly Güldem AtabayPosted on3 September, 2024 The annual inflation rate has dropped from 62% to 52%, largely due to a significant … Continue ReadingGüldem Atabay: Inflation- the good, bad, ugly
Categories Economy HIGHLIGHTS GDP ANALYSIS: Slowdown in domestic demand is the 2Q story Atilla YeşiladaPosted on3 September, 2024 In 2Q24, the QoQ GDP growth rate slowed to 0.1%, while the YoY growth rate … Continue ReadingGDP ANALYSIS: Slowdown in domestic demand is the 2Q story
Categories Economy HIGHLIGHTS Turkish economy expands at a slower-than-expected pace Cem CetingucPosted on2 September, 2024 Türkiye’s economy expanded at a slower-than-expected pace in the second quarter, official data showed on … Continue ReadingTurkish economy expands at a slower-than-expected pace
