Categories Company & Industry Economy HIGHLIGHTS Macro Snapshot: Foreign Trade Statistics Cem CetingucPosted on1 March, 2022 Foreign trade deficit increased by 234.9% YoY to USD10.3bn in January (Dec.21: USD-6.8bn, Jan.21: USD-3.1bn) … Continue ReadingMacro Snapshot: Foreign Trade Statistics
Categories Economy HIGHLIGHTS Turkish economy grew 11 percent last year, driven by exports Güldem AtabayPosted on28 February, 2022 Turkey’s economy grew a powerful 11% in 2021 as expected, according to data on Feb. 28 showing it … Continue ReadingTurkish economy grew 11 percent last year, driven by exports
Categories Economy HIGHLIGHTS Politics Leaders of 6 opposition parties sign memorandum of understanding aiming to rerun to parliamentray system; a better one Güldem AtabayPosted on28 February, 2022 Following their meeting on February 12, the leaders of six opposition parties signed the “Memorandum of Understanding … Continue ReadingLeaders of 6 opposition parties sign memorandum of understanding aiming to rerun to parliamentray system; a better one
Categories Economy HIGHLIGHTS Turkey’s unsettling growth in foreign trade deficit Güldem AtabayPosted on28 February, 2022 Turkish Statistical Institute announced in January 2022; exports were 17 billion 587 million dollars with … Continue ReadingTurkey’s unsettling growth in foreign trade deficit
Categories Economy HIGHLIGHTS Oil Jump Jolting Turkey Is Red Flag for Rest of Emerging Markets Güldem AtabayPosted on28 February, 2022 Markets in Turkey are flashing warning signs that inflationary pressures are building in the developing … Continue ReadingOil Jump Jolting Turkey Is Red Flag for Rest of Emerging Markets
Categories General HIGHLIGHTS HYPED Politics Turkey’s embassies in Kiev & Kharkiv started evacuations via trains Cem CetingucPosted on28 February, 2022 Turkey’s embassies in Ukraine’s capital Kiev and the second-largest city Kharkiv have announced that the second evacuation … Continue ReadingTurkey’s embassies in Kiev & Kharkiv started evacuations via trains
Categories General HIGHLIGHTS HYPED Politics Turkey stops foreigners from settling in 16 provinces Cem CetingucPosted on28 February, 2022 Ankara sets 25 percent quota for foreigners in any neighbourhood to calm communal tensions and … Continue ReadingTurkey stops foreigners from settling in 16 provinces
Categories General HIGHLIGHTS Politics Erdogan: Turkey-U.S. talks on F-16’s are promising Cem CetingucPosted on28 February, 2022 President Tayyip Erdogan said Turkey’s talks with the United States on the modernisation of F-16 … Continue ReadingErdogan: Turkey-U.S. talks on F-16’s are promising
Categories General HIGHLIGHTS HYPED Politics Russian invasion will be highly costly for Turkey: CHP deputy Cem CetingucPosted on28 February, 202228 February, 2022 Russian President Vladimir Putin launched a special military operation for the Donbas region in eastern … Continue ReadingRussian invasion will be highly costly for Turkey: CHP deputy
Categories General HIGHLIGHTS Commentary: Turkey dragged into the Ukrainian War Atilla YeşiladaPosted on28 February, 2022 Turkey previously enjoyed warm ties with both Russia and Ukraine, and shares a maritime border … Continue ReadingCommentary: Turkey dragged into the Ukrainian War
Categories HIGHLIGHTS Politics Turkey doesn’t confirm closing the Straits to Russian warships Atilla YeşiladaPosted on27 February, 2022 Contrary to Western press reports and massive interest in twitter space, Turkish President Tayyip Erdogan … Continue ReadingTurkey doesn’t confirm closing the Straits to Russian warships
Categories General HIGHLIGHTS Evren Balta: Requiem for a Dream – Rise and Fall of the Turkish Middle Classes Atilla YeşiladaPosted on26 February, 2022 In the aftermath of the 2001 economic crisis, Ayşe Buğra writes, “I think that Turkish … Continue ReadingEvren Balta: Requiem for a Dream – Rise and Fall of the Turkish Middle Classes
Categories Economy HIGHLIGHTS Politics Turkey in tough spot over Russia-Ukraine crisis Güldem AtabayPosted on25 February, 2022 As Russia launched air and ground assaults on Ukraine, NATO member Turkey finds itself in … Continue ReadingTurkey in tough spot over Russia-Ukraine crisis
Categories Company & Industry Economy General HIGHLIGHTS What does Russia-Ukraine crisis mean for Turkish economy? Cem CetingucPosted on25 February, 2022 Ukraine and Russia are two important partners of Turkey in tourism, import of agricultural products, … Continue ReadingWhat does Russia-Ukraine crisis mean for Turkish economy?
Categories Economy Finance HIGHLIGHTS Lira Drops After State Bank Interventions Fail to Contain Risks Güldem AtabayPosted on24 February, 2022 Turkey’s lira is headed for its biggest weekly drop since the start of the year, … Continue ReadingLira Drops After State Bank Interventions Fail to Contain Risks
Categories General HIGHLIGHTS Video Commentary: Civil Unrest Mushrooms Across Turkey Atilla YeşiladaPosted on24 February, 2022 Civil Unrest Mushrooms Across Turkey | Real Turkey “Shopkeepers, city councils, and a … Continue ReadingVideo Commentary: Civil Unrest Mushrooms Across Turkey
Categories HIGHLIGHTS Politics Rule of law in Turkey declined faster than anywhere else in the world in the last decade, says report Güldem AtabayPosted on24 February, 2022 The Bertelsmann Foundation in Berlin has found that rule of law in Turkey declined faster … Continue ReadingRule of law in Turkey declined faster than anywhere else in the world in the last decade, says report
Categories Economy HIGHLIGHTS What does Russia-Ukraine crisis mean for Turkey’s economy? Güldem AtabayPosted on24 February, 2022 Ukraine and Russia are two important partners of Turkey in tourism, import of agricultural products, … Continue ReadingWhat does Russia-Ukraine crisis mean for Turkey’s economy?
Categories Business General HIGHLIGHTS Workers across Turkey go on strike as inflation bites Atilla YeşiladaPosted on24 February, 2022 Soaring inflation in Turkey has propelled a wave of strikes unlike any the country has … Continue ReadingWorkers across Turkey go on strike as inflation bites
Categories Business Economy HIGHLIGHTS Erdogan’s refusal to hike interest rates batters Turkey’s economy Atilla YeşiladaPosted on23 February, 2022 Turkey which is battling high inflation and falling currency value has another challenge now: widening … Continue ReadingErdogan’s refusal to hike interest rates batters Turkey’s economy