Categories Finance HIGHLIGHTS Turkish Lira: From peg to managed float? Atilla YeşiladaPosted on23 February, 2022 The Turkish lira weakened as much as 3% against the dollar on Tuesday and Wednesday … Continue ReadingTurkish Lira: From peg to managed float?
Categories Economy General HIGHLIGHTS Ukraine crisis could push up bread price in Turkey Güldem AtabayPosted on22 February, 2022 Turkey is becoming more dependent on Russia every year as agriculture follows energy imports. Especially … Continue ReadingUkraine crisis could push up bread price in Turkey
Categories General HIGHLIGHTS Experts warn about risks of Istanbul’s growing population density Cem CetingucPosted on22 February, 2022 Istanbul is underprepared for its booming population, and the sustainability of urban life will be at risk … Continue ReadingExperts warn about risks of Istanbul’s growing population density
Categories Business General HIGHLIGHTS Politics Turkey’s Erdogan continues his tour of West Africa for new business opportunities Cem CetingucPosted on22 February, 2022 Turkey’s latest diplomatic drive in Africa continues to Senegal and Guinea-Bissau, after several bilateral cooperation … Continue ReadingTurkey’s Erdogan continues his tour of West Africa for new business opportunities
Categories Economy HIGHLIGHTS Turkey’s producers’ price pressures keep building Güldem AtabayPosted on21 February, 2022 Turkey’s “non-domestic producer price index” (ND-PPI) increased by 96.44% annually and 3.25% off most in … Continue ReadingTurkey’s producers’ price pressures keep building
Categories HIGHLIGHTS Politics Turkish opposition leader promises to replace Central Bank governors, top civil servant lists are drafted Atilla YeşiladaPosted on21 February, 2022 A veteran Turkish political leader who has struggled for years to have President Tayyip Erdogan … Continue ReadingTurkish opposition leader promises to replace Central Bank governors, top civil servant lists are drafted
Categories Economy HIGHLIGHTS FT: Could President Erdoğan succeed in his plan to keep the lira steady in the months ahead? Güldem AtabayPosted on21 February, 2022 By Laura Pitel President Recep Tayyip Erdogan has hailed the recent period of calm in … Continue ReadingFT: Could President Erdoğan succeed in his plan to keep the lira steady in the months ahead?
Categories Economy HIGHLIGHTS With weak lira, Turkey woos foreign firms Güldem AtabayPosted on21 February, 2022 Turkey is seizing on its geographic advantage to woo companies as the skyrocketing cost of … Continue ReadingWith weak lira, Turkey woos foreign firms
Categories Economy HIGHLIGHTS NY Times: Soaring Energy Bills Deepen Crisis for Turks, and Erdogan Güldem AtabayPosted on21 February, 2022 It began with a few outraged customers posting photographs of their electricity bills to social … Continue ReadingNY Times: Soaring Energy Bills Deepen Crisis for Turks, and Erdogan
Categories Emerging Markets Finance HIGHLIGHTS Macro Thoughts: February 2022 – Shades of 2006-2008? Atilla YeşiladaPosted on20 February, 2022 Similar to what happened in 2006-2008, a compelling investment narrative based on fundamental truths and … Continue ReadingMacro Thoughts: February 2022 – Shades of 2006-2008?
Categories General HIGHLIGHTS Markets Turkey’s residential property sales to foreigners rose drastically in January Cem CetingucPosted on19 February, 2022 Residential property sales to foreign buyers rose by 56.5 percent year on year to 4,186 … Continue ReadingTurkey’s residential property sales to foreigners rose drastically in January
Categories Economy Finance HIGHLIGHTS Markets Two Fed officials back steady rise in interest rates starting in March Cem CetingucPosted on19 February, 2022 Two top Federal Reserve officials said the US central bank should launch a steady string … Continue ReadingTwo Fed officials back steady rise in interest rates starting in March
Categories Economy Finance General HIGHLIGHTS Investors brace for central banks’ retreat from bond markets Cem CetingucPosted on19 February, 2022 The biggest buyers in bond markets are now poised to become sellers, as central banks … Continue ReadingInvestors brace for central banks’ retreat from bond markets
Categories General HIGHLIGHTS Politics Kılıçdaroğlu sketches out new road map for Turkey Cem CetingucPosted on18 February, 2022 The opposition alliance is drawing a new road map for Turkey, with democracy and justice being … Continue ReadingKılıçdaroğlu sketches out new road map for Turkey
Categories Business Company & Industry HIGHLIGHTS Gulf countries plan to invest $8 billion in Turkey Cem CetingucPosted on18 February, 2022 Huge Gulf funds are eyeing possible investment opportunities in Turkey, from agriculture to tourism and … Continue ReadingGulf countries plan to invest $8 billion in Turkey
Categories Business Company & Industry HIGHLIGHTS Erdemir: Strong EBITDA, TP up due to stronger steel Cem CetingucPosted on18 February, 2022 Erdemir has released strong 4Q21 IFRS results, with EBITDA almost 30% above consensus estimates. FCFE, … Continue ReadingErdemir: Strong EBITDA, TP up due to stronger steel
Categories Economy General HIGHLIGHTS Turkish consumer confidence slides as high inflation hits Güldem AtabayPosted on18 February, 2022 Turkey’s official consumer confidence index slid by 2.8% in February compared to the previous month … Continue ReadingTurkish consumer confidence slides as high inflation hits
Categories Business HIGHLIGHTS Tech Video Commentary: Turkey’s Energy Shortage Reaches Critical Point Atilla YeşiladaPosted on17 February, 202217 February, 2022 Turkey’s Energy Shortage Reaches Critical Point Most Developing Nations, even some Developed ones are experiencing … Continue ReadingVideo Commentary: Turkey’s Energy Shortage Reaches Critical Point
Categories Economy Finance HIGHLIGHTS Turkish central bank leaves interest rates unchanged, TL remains vulnerable Güldem AtabayPosted on17 February, 2022 As widely expected, Turkish central bank (CBRT) kept its policy rate unchanged at 14%. The … Continue ReadingTurkish central bank leaves interest rates unchanged, TL remains vulnerable
Categories Business Finance HIGHLIGHTS UPDATE (Expensive borrowing): Turkey Treasury raises $3 bn with 5-year sukuk Atilla YeşiladaPosted on17 February, 202220 February, 2022 Turkey’s Ministry of Finance completed a US3 billion dollar-denominated sukuk deal, its first international bond … Continue ReadingUPDATE (Expensive borrowing): Turkey Treasury raises $3 bn with 5-year sukuk
