Categories Business General HIGHLIGHTS Markets Story of the ‘Brazilian Escobar’ and a Turkish jet full of cocaine Cem CetingucPosted on13 April, 202213 April, 2022 A jet full of cocaine in Brazil shows Turkey’s increasing role in global drug trafficking. … Continue ReadingStory of the ‘Brazilian Escobar’ and a Turkish jet full of cocaine
Categories Business Company & Industry General HIGHLIGHTS Turkey seeks more local options in energy sector: Minister Alparslan Cem CetingucPosted on12 April, 2022 Turkey should benefit more from local sources in meeting its energy needs, as well as … Continue ReadingTurkey seeks more local options in energy sector: Minister Alparslan
Categories Business Company & Industry General HIGHLIGHTS Ziraat Bank secures $1.24 billion loan Cem CetingucPosted on12 April, 2022 Turkey’s Ziraat Bank said on Monday that it had secured a syndicated loan totaling $1.24 … Continue ReadingZiraat Bank secures $1.24 billion loan
Categories General HIGHLIGHTS Politics U.K. lifts defence export ban on Turkey: Minister Çavuşoğlu Cem CetingucPosted on12 April, 2022 The United Kingdom has lifted the defence industry export ban imposed on Turkey, Foreign Minister … Continue ReadingU.K. lifts defence export ban on Turkey: Minister Çavuşoğlu
Categories Emerging Markets General HIGHLIGHTS WB Europe and Central Asia Economic Update: Impact of War Atilla YeşiladaPosted on12 April, 2022 The Russian Federation’s war with Ukraine has triggered a catastrophic humanitarian crisis and threatened the … Continue ReadingWB Europe and Central Asia Economic Update: Impact of War
Categories Business Finance HIGHLIGHTS Turkish exporters may have to sell more FX to central bank Atilla YeşiladaPosted on12 April, 2022 Turkish authorities are considering raising the share of foreign currency revenues that exporters are required … Continue ReadingTurkish exporters may have to sell more FX to central bank
Categories General HIGHLIGHTS Poverty turns to hunger: Half of people in Turkey ‘eat less’ to make ends meet, shows survey Atilla YeşiladaPosted on12 April, 2022 Amid the economic crisis, people have started eating less, using their cars and heating their … Continue ReadingPoverty turns to hunger: Half of people in Turkey ‘eat less’ to make ends meet, shows survey
Categories General HIGHLIGHTS Politics Russia complains Turkey about Ukraine drone sales Cem CetingucPosted on11 April, 2022 Russia has complained to Turkey over its sale of Bayraktar TB2 armed drones to Ukraine, … Continue ReadingRussia complains Turkey about Ukraine drone sales
Categories Business HIGHLIGHTS Politics Turkish Minute: Erdoğan, nationalist ally underplay high cost of living amid rising inflation Atilla YeşiladaPosted on9 April, 2022 Turkish President Recep Tayyip Erdoğan and his far-right ally Devlet Bahçeli, leader of the Nationalist … Continue ReadingTurkish Minute: Erdoğan, nationalist ally underplay high cost of living amid rising inflation
Categories Economy HIGHLIGHTS JP Morgan: Turkey hit by unorthodox policies Atilla YeşiladaPosted on9 April, 2022 Annual inflation has reached 61%, reflecting the seriousness of the problems in the economy … Continue ReadingJP Morgan: Turkey hit by unorthodox policies
Categories General HIGHLIGHTS HYPED Politics Turkey to pursue armistice in Ukraine Cem CetingucPosted on8 April, 2022 Turkey is one of the most active countries working to ensure a permanent cease-fire between … Continue ReadingTurkey to pursue armistice in Ukraine
Categories Economy General HIGHLIGHTS Politics Turkish government pledges to fight high inflation Cem CetingucPosted on8 April, 2022 In its fourth meeting, the Price Stability Committee vowed to fight soaring inflation rates with … Continue ReadingTurkish government pledges to fight high inflation
Categories Economy General HIGHLIGHTS Ahval News: 60 percent of Turkey unable to make ends meet, new survey finds Cem CetingucPosted on8 April, 2022 Fifty-nine percent of Turkey’s population is unable to make ends meet as their income was … Continue ReadingAhval News: 60 percent of Turkey unable to make ends meet, new survey finds
Categories Economy HIGHLIGHTS Politics Suat Kiniklioglu: Necessary friends: Turkey’s improving relationship with the West Atilla YeşiladaPosted on8 April, 2022 Turkey is one of the rare countries in the Black Sea region that has good … Continue ReadingSuat Kiniklioglu: Necessary friends: Turkey’s improving relationship with the West
Categories Columnists Finance General HIGHLIGHTS Tim Ash: 3 bits of good news for RTE (Erdogan) Atilla YeşiladaPosted on7 April, 2022 First, the news that Russia is being kicked out of debt indices means that Turkey’s … Continue ReadingTim Ash: 3 bits of good news for RTE (Erdogan)
Categories Economy General HIGHLIGHTS Politics Erdoğan pledges to protect Turkey against high inflation Cem CetingucPosted on7 April, 2022 President Recep Tayyip Erdoğan on April 7 vowed to protect the nation against rising inflation, … Continue ReadingErdoğan pledges to protect Turkey against high inflation
Categories Economy Emerging Markets General HIGHLIGHTS Markets War triggers major economic crises throughout the globe Cem CetingucPosted on7 April, 20227 April, 2022 The fallout of the Russia and Ukraine war has just helped tip two of world’s … Continue ReadingWar triggers major economic crises throughout the globe
Categories General HIGHLIGHTS Politics Report: Turkey is Europe’s largest jailer following Russia Cem CetingucPosted on7 April, 2022 As President Recep Tayyip Erdogan’s regime has become increasingly authoritarian, Turkey’s prison population has grown … Continue ReadingReport: Turkey is Europe’s largest jailer following Russia
Categories Business Company & Industry HIGHLIGHTS Tech LFP gigafactory in Turkey to start production later this year Cem CetingucPosted on7 April, 2022 A new 1GWh lithium iron phosphate (LFP) battery factory in Turkey serving the energy storage … Continue ReadingLFP gigafactory in Turkey to start production later this year
Categories Economy Emerging Markets Finance HIGHLIGHTS Markets Emerging markets suffer 9.8 billion dollar outflow in March Cem CetingucPosted on7 April, 2022 Emerging market (EM) debt and equities suffered an outflow of $9.8 billion from foreign portfolio … Continue ReadingEmerging markets suffer 9.8 billion dollar outflow in March