Categories Economy Finance HIGHLIGHTS Markets IMF reminds interest rate risks as global debt rises to $226 trillion Cem CetingucPosted on16 December, 2021 Global debt surged to $226 trillion last year, its biggest one-year jump since World War … Continue ReadingIMF reminds interest rate risks as global debt rises to $226 trillion
Categories Economy Finance HIGHLIGHTS Macro Snapshot: Outstanding External Loans Received by Private Sector Cem CetingucPosted on16 December, 2021 In October, private sectors’ outstanding ST debt (included trade credits) increased by USD6.4bn to USD48.6bn … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets Comment: Will Turkey’s Central Bank ever stop cutting rates? Atilla YeşiladaPosted on16 December, 2021 With Fed turning decidedly more hawkish on Wednesday, the other highlight of the week is … Continue ReadingComment: Will Turkey’s Central Bank ever stop cutting rates?
Categories General HIGHLIGHTS Politics Defense Minister Akar: Turks and Kurds are brothers Cem CetingucPosted on15 December, 2021 Defense Minister Hulusi Akar on Dec. 14 emphasized that those who want to cause strife and unrest … Continue ReadingDefense Minister Akar: Turks and Kurds are brothers
Categories Economy Finance General HIGHLIGHTS Politics Turkish minister to stress low rates policy to bankers after Erdoğan talks Güldem AtabayPosted on14 December, 2021 Turkish Treasury and Finance Minister Nureddin Nebati will meet with bankers in the coming days … Continue ReadingTurkish minister to stress low rates policy to bankers after Erdoğan talks
Categories Economy HIGHLIGHTS Politics Capital needs of Turkey’s state-run banks discussed at summit Güldem AtabayPosted on14 December, 2021 Turkish state-run banks’ capital needs were among the issues discussed at a meeting between President … Continue ReadingCapital needs of Turkey’s state-run banks discussed at summit
Categories General HIGHLIGHTS Politics Turkey says Serb move to start quitting Bosnia’s key institutions “dangerous” Cem CetingucPosted on14 December, 2021 A vote by Serb lawmakers to start pulling their autonomous Serb Republic out of Bosnia’s … Continue ReadingTurkey says Serb move to start quitting Bosnia’s key institutions “dangerous”
Categories General HIGHLIGHTS Politics Turkish foreign minister: Turkey and Armenia shows efforts to normalize their ties Cem CetingucPosted on14 December, 202114 December, 2021 Turkey and Armenia will appoint special representatives to discuss steps to normalize their ties, Turkey’s … Continue ReadingTurkish foreign minister: Turkey and Armenia shows efforts to normalize their ties
Categories Economy General HIGHLIGHTS Turkish Lira plummets, brings doom to Northern Syria Cem CetingucPosted on14 December, 2021 Mohammed al-Debek, a schoolteacher in northern Syria, is on strike: the currency devaluation in neighbouring … Continue ReadingTurkish Lira plummets, brings doom to Northern Syria
Categories Economy General HIGHLIGHTS Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on14 December, 2021 MoM expectations for next 3 months indicates that the monthly CPI data would remarkably above … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories Economy Finance General HIGHLIGHTS Markets Politics Turkish Central Bank intervenes again as Lira moves past 14 per Dollar; rate cut decision awaited Güldem AtabayPosted on13 December, 2021 Turkey’s lira tumbled past 14 to the dollar to 14.75 for the first time in … Continue ReadingTurkish Central Bank intervenes again as Lira moves past 14 per Dollar; rate cut decision awaited
Categories Economy Finance General HIGHLIGHTS Turkish Finance Minister: Market economy will prevail; “determined to not raise rates” Güldem AtabayPosted on13 December, 2021 Turkey’s new finance minister met with a group of businesspeople over the weekend to assure … Continue ReadingTurkish Finance Minister: Market economy will prevail; “determined to not raise rates”
Categories Economy Finance General HIGHLIGHTS Politics UBS Global Wealth Management discontinues coverage of TL Güldem AtabayPosted on13 December, 2021 Given the irrational economic policies of the AKP government that makes currency forecasting impossible on … Continue ReadingUBS Global Wealth Management discontinues coverage of TL
Categories Economy HIGHLIGHTS Politics Erdoğan deems social media a ‘threat to democracy’ Güldem AtabayPosted on12 December, 2021 President Recep Tayyip Erdoğan has deemed social media “one of the main sources of threats … Continue ReadingErdoğan deems social media a ‘threat to democracy’
Categories Economy HIGHLIGHTS Turkish grocery stores impose quotas on milk sales amid skyrocketing prices Güldem AtabayPosted on12 December, 2021 Some grocery stores in Turkey have started imposing quotas on milk sales amid skyrocketing prices, … Continue ReadingTurkish grocery stores impose quotas on milk sales amid skyrocketing prices
Categories General HIGHLIGHTS Politics Real Turkey Channel: 2022 Predictions For Turkish Politics Atilla YeşiladaPosted on11 December, 2021 022 predictions for Turkish Politics Turkey will witness a historic recession in … Continue ReadingReal Turkey Channel: 2022 Predictions For Turkish Politics
Categories Economy HIGHLIGHTS Turkish inflation is out of control Atilla YeşiladaPosted on11 December, 2021 Cover chart: 12 and 24 month ahead inflation forecasts as published by Central Bank of … Continue ReadingTurkish inflation is out of control
Categories Business General HIGHLIGHTS CHP warns of a food crisis in Turkey Atilla YeşiladaPosted on11 December, 2021 Republican People’s Party (CHP) Niğde MP Ömer Fethi Gürer has announced that the price of … Continue ReadingCHP warns of a food crisis in Turkey
Categories Business General HIGHLIGHTS 2021 was a bad year for Turkish movie theathers as spectator numbers decline drastically Cem CetingucPosted on11 December, 2021 Cinema has been among the sectors most affected by the coronavirus pandemic, and the normalization … Continue Reading2021 was a bad year for Turkish movie theathers as spectator numbers decline drastically
Categories Business Finance HIGHLIGHTS NEW: S&P lowers Turkey outlook to negative, citing ‘rising risks’ Atilla YeşiladaPosted on10 December, 2021 S&P Global Ratings on Friday changed its outlook for Turkey’s credit rating to negative from … Continue ReadingNEW: S&P lowers Turkey outlook to negative, citing ‘rising risks’