Categories Economy HIGHLIGHTS Politics Venezuelan President Maduro visits Turkey, meets Erdogan Güldem AtabayPosted on8 June, 2022 Venezuelan President Nicolas Maduro will pay a two-day official visit to Turkey beginning on Tuesday, … Continue ReadingVenezuelan President Maduro visits Turkey, meets Erdogan
Categories Economy HIGHLIGHTS S&P warns: Turkey risks introducing additional capital controls Güldem AtabayPosted on8 June, 2022 International credit rating agency Standard & Poor’s (S&P) said Turkey is at increased risk of … Continue ReadingS&P warns: Turkey risks introducing additional capital controls
Categories General HIGHLIGHTS 14.8 million people in Turkey suffer from undernourishment: UN report Güldem AtabayPosted on8 June, 2022 Some 14.8 million out of 82.3 million people in Turkey have insufficient food consumption as … Continue Reading14.8 million people in Turkey suffer from undernourishment: UN report
Categories Economy General HIGHLIGHTS UPDATE: Russia and Turkey raise hopes of grain export corridor from Ukraine Güldem AtabayPosted on8 June, 20228 June, 2022 UPDATE: Grain Talks in Ankara Show No Signs of Progress (Bloomberg) — Talks between Russia … Continue ReadingUPDATE: Russia and Turkey raise hopes of grain export corridor from Ukraine
Categories Economy HIGHLIGHTS Markets Lira Sinks to 17 Per Dollar as Erdogan Rate Talk Fuels Forex Demand Güldem AtabayPosted on8 June, 20228 June, 2022 Turkey’s lira tumbled beyond 17 per dollar for the first time since December amid a … Continue ReadingLira Sinks to 17 Per Dollar as Erdogan Rate Talk Fuels Forex Demand
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Aviation: Heading towards a strong summer Cem CetingucPosted on8 June, 2022 Shift in traffic mix towards international routes should support profitability. Despite the headwinds from Omicron … Continue ReadingTurkish Aviation: Heading towards a strong summer
Categories Emerging Markets HIGHLIGHTS Danske Research: Whole lotta’ bad news for EM Atilla YeşiladaPosted on7 June, 2022 Danske Research warns investors about more shocks to hit the already badly-stricken EM asset class. … Continue ReadingDanske Research: Whole lotta’ bad news for EM
Categories Economy Emerging Markets General HIGHLIGHTS Markets Reuters: Turkish Lira continues to weaken, Nebati says rates to stay put Cem CetingucPosted on7 June, 20227 June, 2022 Turkey’s lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to … Continue ReadingReuters: Turkish Lira continues to weaken, Nebati says rates to stay put
Categories General HIGHLIGHTS Politics Turkey seeks to restore ties with Western procurement club Cem CetingucPosted on7 June, 2022 After the controversial, multibillion-dollar purchase of a Russian-made missile defense system, the Turkish government appears … Continue ReadingTurkey seeks to restore ties with Western procurement club
Categories General HIGHLIGHTS Turkish Water Institute seeks to raise awareness about water efficiency Cem CetingucPosted on6 June, 2022 Parched lands replace fertile territory in some places while others are exposed to incessant torrential … Continue ReadingTurkish Water Institute seeks to raise awareness about water efficiency
Categories Company & Industry Finance General HIGHLIGHTS Banking industry: FX protected deposit scheme boosts NII Cem CetingucPosted on6 June, 20226 June, 2022 45% monthly ROE on lower provisions and OPEX Turkish banking sector’s April net income is … Continue ReadingBanking industry: FX protected deposit scheme boosts NII
Categories Business Company & Industry Emerging Markets Finance HIGHLIGHTS IsDB to invest on eliminating food supply problems: Nebati Cem CetingucPosted on5 June, 2022 The Islamic Development Bank (IsDB) Group works to eliminate problems in the food supply and … Continue ReadingIsDB to invest on eliminating food supply problems: Nebati
Categories Company & Industry General HIGHLIGHTS Markets Tech Turkey to mass produce laser-guide munition for its drones Cem CetingucPosted on5 June, 2022 Turkey has started to mass-produce its latest miniature munition developed for unmanned aerial vehicles (UAVs), … Continue ReadingTurkey to mass produce laser-guide munition for its drones
Categories General HIGHLIGHTS Politics Turkey to launch new operations against the YPG in Syrian border: Erdogan Cem CetingucPosted on5 June, 2022 Turkey will address its security concerns in northern Syria with new operations against the YPG group, Turkish President Recep Tayyip Erdoğan … Continue ReadingTurkey to launch new operations against the YPG in Syrian border: Erdogan
Categories Economy General HIGHLIGHTS Politics CHP leader pledges to end poverty in Turkey Cem CetingucPosted on3 June, 2022 The main opposition Republican People’s Party (CHP) leader said he would end the “poverty” in Turkey … Continue ReadingCHP leader pledges to end poverty in Turkey
Categories General HIGHLIGHTS HYPED Politics Russia urges Turkey to hold back from launching operation in Northern Syria Cem CetingucPosted on3 June, 20223 June, 2022 Russia urged Turkey to “refrain” from launching an offensive operation in Northern Syria to avoid … Continue ReadingRussia urges Turkey to hold back from launching operation in Northern Syria
Categories Economy HIGHLIGHTS Turkey Targets Lira Short Selling by Focusing on Niche Bonds Güldem AtabayPosted on3 June, 2022 Turkey is planning to restrict purchases by domestic investors of new lira bonds sold by … Continue ReadingTurkey Targets Lira Short Selling by Focusing on Niche Bonds
Categories General HIGHLIGHTS HYPED Politics Ukraine’s grain stolen by Russia heads out to Turkey: Kyiv ambassador Cem CetingucPosted on3 June, 2022 Kyiv’s ambassador to Ankara said on Friday Turkish buyers were among those receiving grain that … Continue ReadingUkraine’s grain stolen by Russia heads out to Turkey: Kyiv ambassador
Categories Finance HIGHLIGHTS Markets Who can save the sickly Turkish Lira? Atilla YeşiladaPosted on3 June, 20223 June, 2022 On Friday, 3 June, the Turkish lira dropped to its lowest level since the December … Continue ReadingWho can save the sickly Turkish Lira?
Categories Economy General HIGHLIGHTS Turkey’s inflation reaches 73.5 percent in May Cem CetingucPosted on3 June, 20223 June, 2022 Turkey’s annual inflation rate rose at a lower-than-expected pace in May but still jumped to … Continue ReadingTurkey’s inflation reaches 73.5 percent in May
