Categories Finance HIGHLIGHTS Oil rally could depress TL to $20 vs dollar Atilla YeşiladaPosted on14 February, 2022 Since the beginning of January, dollar/TL exchange rate has been “stuck” at a very narrow … Continue ReadingOil rally could depress TL to $20 vs dollar
Categories HIGHLIGHTS Politics Half of Turkish electorate supports opposition bloc: MetroPoll survey Atilla YeşiladaPosted on14 February, 2022 According to the results of a recent opinion poll conducted by the Ankara-based MetroPoll, 49.7 … Continue ReadingHalf of Turkish electorate supports opposition bloc: MetroPoll survey
Categories General HIGHLIGHTS Politics The Turkish Malaise by Cengiz Aktar Atilla YeşiladaPosted on14 February, 2022 https://www.tplondon.com/product/turkish-malaise/ What is going on in Turkey since some time now, doesn’t seem … Continue Reading The Turkish Malaise by Cengiz Aktar
Categories HIGHLIGHTS Politics US urges Turkey to respect freedom of press after move against int’l news websites Güldem AtabayPosted on13 February, 2022 The United States has warned Turkey to respect freedom of the press after the country’s … Continue ReadingUS urges Turkey to respect freedom of press after move against int’l news websites
Categories HIGHLIGHTS Politics Ruling coalition files criminal complaint against journalist Ayşenur Arslan Güldem AtabayPosted on13 February, 2022 After the assassination of mob boss Halil Falyalı in Northern Cyprus this week, many questions … Continue ReadingRuling coalition files criminal complaint against journalist Ayşenur Arslan
Categories Economy HIGHLIGHTS Politics Turkey to Cut VAT on Staple Foods in Bid to Tame Inflation Güldem AtabayPosted on13 February, 2022 Turkey will reduce value-added tax on staple foods to 1% from 8% in an effort … Continue ReadingTurkey to Cut VAT on Staple Foods in Bid to Tame Inflation
Categories Economy HIGHLIGHTS Politics Turkish Opposition Agree on Roadmap for Parliament System Return Güldem AtabayPosted on13 February, 2022 Turkey’s opposition parties agreed on a roadmap to bring back the parliamentary system, blaming powers … Continue ReadingTurkish Opposition Agree on Roadmap for Parliament System Return
Categories Economy HIGHLIGHTS December current account deficit augurs ill for the New Economy Plan Atilla YeşiladaPosted on12 February, 2022 Turkey’s current account recorded a deficit of US$3.8bn in December, which is up from the … Continue ReadingDecember current account deficit augurs ill for the New Economy Plan
Categories Finance HIGHLIGHTS Fitch attacks at midnight Atilla YeşiladaPosted on12 February, 2022 Fitch Ratings has downgraded Turkey’s Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘B+’ from … Continue ReadingFitch attacks at midnight
Categories Emerging Markets Finance HIGHLIGHTS Fed Interest Rate Hikes Will Hurt Turkish Economy (And Other Emerging Markets) Badly Atilla YeşiladaPosted on11 February, 2022 American Central Bank Fed will start raising its interest rates by March. It will also … Continue ReadingFed Interest Rate Hikes Will Hurt Turkish Economy (And Other Emerging Markets) Badly
Categories Business Economy HIGHLIGHTS Minister reveals Turkey’s target set for 2022: $35 billion in tourism revenues Cem CetingucPosted on11 February, 202211 February, 2022 Initial indicators, such as early reservations, suggest that Turkey’s target set for 2022 of generating $35 … Continue ReadingMinister reveals Turkey’s target set for 2022: $35 billion in tourism revenues
Categories General HIGHLIGHTS Politics Turkey steps up Ukraine support as Germany remains distant Cem CetingucPosted on11 February, 2022 Turkey’s support of Ukraine in the face of a possible invasion by Russia, despite recent troubles with Europe, … Continue ReadingTurkey steps up Ukraine support as Germany remains distant
Categories Emerging Markets HIGHLIGHTS DESMOND LACHMAN: Winds of change set to hit emerging markets as US and China hit brakes Atilla YeşiladaPosted on11 February, 2022 On Thursday, global benchmark US 10-year government bond yield hit 2.03%, a 4 year high. … Continue ReadingDESMOND LACHMAN: Winds of change set to hit emerging markets as US and China hit brakes
Categories General HIGHLIGHTS HYPED 50 year climate impact: More than one-third of Turkish lakes dried Cem CetingucPosted on10 February, 2022 Around 10,000 square meters of wetland have dried in Turkish Lakes Region in five decades … Continue Reading50 year climate impact: More than one-third of Turkish lakes dried
Categories General HIGHLIGHTS Politics Survey shows negative attitudes among Turks towards Syrians on the rise Cem CetingucPosted on10 February, 2022 A new survey published by Turkey’s Social Democracy Foundation, known as SODEV, reveals negative feelings … Continue ReadingSurvey shows negative attitudes among Turks towards Syrians on the rise
Categories Business Company & Industry Finance HIGHLIGHTS HSBC: TOASO – BUY Promising outlook in both the short and long term Cem CetingucPosted on10 February, 2022 Entering “double-digit PBT” era. The key message from the FY21 results webcast (held on 4 … Continue ReadingHSBC: TOASO – BUY Promising outlook in both the short and long term
Categories General HIGHLIGHTS Politics Kazakhstan: Where Do Turkey and Turkic States Stand? Cem CetingucPosted on10 February, 2022 Kazakhstan experienced unprecedented developments in January 2022. Economy-driven protests, triggered by the rise of liquefied … Continue ReadingKazakhstan: Where Do Turkey and Turkic States Stand?
Categories Business Company & Industry HIGHLIGHTS Turkey: 72 hours for western media to obtain license Cem CetingucPosted on10 February, 2022 Turkish authorities for radio and telecommunications Rtuk has given 72 hours of time to Euronews, … Continue ReadingTurkey: 72 hours for western media to obtain license
Categories General HIGHLIGHTS Politics Turkish opposition leader urges civil disobedience to boycott high utility bills Atilla YeşiladaPosted on10 February, 2022 Mr Kemal Kilicdaroglu, Turkey’s main opposition leader CHP has urged the nation not to pay … Continue ReadingTurkish opposition leader urges civil disobedience to boycott high utility bills
Categories Economy Finance HIGHLIGHTS Turkey Readies First Global Bond Sale Since Lira Implosion Güldem AtabayPosted on8 February, 2022 Turkey is preparing to return to global bond markets for the first time since the … Continue ReadingTurkey Readies First Global Bond Sale Since Lira Implosion
