Categories Economy HIGHLIGHTS Turkey courts investors at London meeting, promises stable Lira with a bizarre “inflation” explanation Güldem AtabayPosted on8 February, 20228 February, 2022 Turkey expects the lira to remain around its current level after suffering a 44% slump … Continue ReadingTurkey courts investors at London meeting, promises stable Lira with a bizarre “inflation” explanation
Categories Business HIGHLIGHTS Moody’s: U.S. rate hikes could hit highly dollarized emerging market banks Atilla YeşiladaPosted on8 February, 2022 Banks in Latin America and emerging Europe are most exposed to dollarization among developing economies, … Continue ReadingMoody’s: U.S. rate hikes could hit highly dollarized emerging market banks
Categories Columnists General HIGHLIGHTS SHOCKER: Turkey is modernizing rapidly (commentary) Atilla YeşiladaPosted on8 February, 2022 I have long wanted to write an article about the brave new Turkey which is … Continue ReadingSHOCKER: Turkey is modernizing rapidly (commentary)
Categories Economy HIGHLIGHTS Demonstrations in protest of massive electricity price hikes spread around Turkey Güldem AtabayPosted on7 February, 2022 Thousands of citizens throughout Turkey have been protesting against massive price hikes in electricity. Citizens … Continue ReadingDemonstrations in protest of massive electricity price hikes spread around Turkey
Categories Economy HIGHLIGHTS Politics Turkish parliament speaker claims Erdoğan can legally run for president again Güldem AtabayPosted on7 February, 2022 Turkish Parliament Speaker Mustafa Şentop has argued that it is legitimate for President Recep Tayyip … Continue ReadingTurkish parliament speaker claims Erdoğan can legally run for president again
Categories Business HIGHLIGHTS Turkey’s NG monopoly sucking up Central Bank reserves Atilla YeşiladaPosted on7 February, 2022 Turkey’s hard-strained industrial natural gas users breathed a sigh of relief today, as state-run NG … Continue ReadingTurkey’s NG monopoly sucking up Central Bank reserves
Categories Economy HIGHLIGHTS Politics Turkey Dollar Sales to State Energy Firm Hit Record in January Güldem AtabayPosted on7 February, 2022 The Turkish central bank’s foreign currency sales to state-run energy importer Botas hit a record, … Continue ReadingTurkey Dollar Sales to State Energy Firm Hit Record in January
Categories Business General HIGHLIGHTS CN: Fears of a catastrophic run on the banks… Atilla YeşiladaPosted on7 February, 2022 Turks are angry and becoming suddenly poor after years of rising wealth as their country’s … Continue ReadingCN: Fears of a catastrophic run on the banks…
Categories Economy HIGHLIGHTS Markets S&P Global: Turkey’s macroeconomic trajectory remains uncertain, CPI to catapult over 50% Atilla YeşiladaPosted on6 February, 2022 The Turkish lira continues to plummet, inflation in the country has skyrocketed to a 20-year … Continue ReadingS&P Global: Turkey’s macroeconomic trajectory remains uncertain, CPI to catapult over 50%
Categories Atilla Yeşilada Emerging Markets HIGHLIGHTS Commentary: Why most EM are uninvestable? Atilla YeşiladaPosted on6 February, 2022 Since before the pandemic, at the beginning of each year, strategists and fund managers have … Continue ReadingCommentary: Why most EM are uninvestable?
Categories Business HIGHLIGHTS VoA: Supreme Court reviewing Halkbank appeal Atilla YeşiladaPosted on6 February, 2022 The deadline for Halkbank’s application to the US Constitutional Court regarding the dismissal of the … Continue ReadingVoA: Supreme Court reviewing Halkbank appeal
Categories General HIGHLIGHTS Turkey President Recep Tayyip Erdogan and wife test positive for Covid-19, exhibit mild symptoms Atilla YeşiladaPosted on6 February, 2022 Turkish President Recep Tayyip Erdogan and his wife, Emine, have tested positive for Covid-19. … Continue ReadingTurkey President Recep Tayyip Erdogan and wife test positive for Covid-19, exhibit mild symptoms
Categories Economy HIGHLIGHTS JP Morgan on Turkey: annual inflation gets near the 50% mark as expected Atilla YeşiladaPosted on4 February, 2022 Turkey posted a double-digit monthly inflation for the second consecutive month; this was not seen … Continue ReadingJP Morgan on Turkey: annual inflation gets near the 50% mark as expected
Categories General HIGHLIGHTS (UPDATE: Protests spill over to Eastern provinces) Turks fill streets to protest high cost of living Atilla YeşiladaPosted on4 February, 20225 February, 2022 Impromptu protests against the high cost living spread to more Turkish cities on Friday night. … Continue Reading(UPDATE: Protests spill over to Eastern provinces) Turks fill streets to protest high cost of living
Categories Economy General HIGHLIGHTS Turkish inflation surges to two-decade high of 48.7 percent Güldem AtabayPosted on3 February, 2022 Turkey’s consumer price inflation rate jumped to an annual 48.7 percent in January from 36.1 … Continue ReadingTurkish inflation surges to two-decade high of 48.7 percent
Categories Finance HIGHLIGHTS Markets Bloomberg: Turkey’s Real Rate at Minus 35% Deepens the Gloom for Lira Atilla YeşiladaPosted on3 February, 2022 Traders see a probability of almost 50% that the lira will surpass its record low … Continue ReadingBloomberg: Turkey’s Real Rate at Minus 35% Deepens the Gloom for Lira
Categories HIGHLIGHTS Politics Yetkin blog: Confessions from Erdoğan: Falling apart Atilla YeşiladaPosted on3 February, 2022 What I mean by the confessions is not limited to President Recep Tayyip Erdoğan’s recent … Continue ReadingYetkin blog: Confessions from Erdoğan: Falling apart
Categories Economy HIGHLIGHTS Turkey trade deficit triples in January amidst 55 percent jump in imports Güldem AtabayPosted on2 February, 2022 Turkey’s trade deficit more than tripled in January. The trade deficit widened to $10.4 billion from … Continue ReadingTurkey trade deficit triples in January amidst 55 percent jump in imports
Categories HIGHLIGHTS Politics Arrested ISIS leader in Turkey confesses plans to attack opposition leaders, LGBTI+s, tourists Güldem AtabayPosted on2 February, 2022 The Ankara Chief Public Prosecutor’s Office has filed a case against Kasım Güler, who was … Continue ReadingArrested ISIS leader in Turkey confesses plans to attack opposition leaders, LGBTI+s, tourists
Categories Company & Industry General HIGHLIGHTS Tech Turkey to become top microchip producer amid global shortage Cem CetingucPosted on2 February, 20222 February, 2022 With strong investment and a policy of sustainability, Turkey may be a global center for microchip production, benefiting … Continue ReadingTurkey to become top microchip producer amid global shortage
