Categories Business Company & Industry HIGHLIGHTS HSBC Global Research: TUPRS (Hold maintained) Cem CetingucPosted on30 November, 202130 November, 2021 Strategic transition plan: Tupras management released yesterday the details of its Strategic Transition Plan … Continue ReadingHSBC Global Research: TUPRS (Hold maintained)
Categories Company & Industry General HIGHLIGHTS JP Morgan: Turkish Banks Cem CetingucPosted on30 November, 2021 We upgrade select subs of Turkish large banks from N to OW. For this upgrade … Continue ReadingJP Morgan: Turkish Banks
Categories General HIGHLIGHTS Politics Erdogan faces an uphill battle to win over Alevi community Cem CetingucPosted on30 November, 2021 Ali Erdem leads his Alevi community each week in a ceremony filled with symbolic ritual, … Continue ReadingErdogan faces an uphill battle to win over Alevi community
Categories Business General HIGHLIGHTS Turkey is Collateral Damage in Erdoğan’s Hostage Diplomacy Atilla YeşiladaPosted on30 November, 2021 Mordy and Natalie Oknin, an Israeli couple visiting Istanbul, filmed a video last week to … Continue ReadingTurkey is Collateral Damage in Erdoğan’s Hostage Diplomacy
Categories Economy General HIGHLIGHTS Turkey’s foreign trade keeps narrowing; October figures imply USD 3 bn CA surplus Güldem AtabayPosted on29 November, 2021 Turkey’s October exports posted 20.1% increase to USD 20.8 billion while the import growth was … Continue ReadingTurkey’s foreign trade keeps narrowing; October figures imply USD 3 bn CA surplus
Categories Economy HIGHLIGHTS Turkey’s economic confidence index slides Güldem AtabayPosted on29 November, 2021 Turkey’s official Economic confidence index slid by 2.0% in November from 101.4 in October to … Continue ReadingTurkey’s economic confidence index slides
Categories Economy Güldem Atabay HIGHLIGHTS Atabay: ‘Erdoganomics’ Is The Reason for Lira Losing Ground – Bloomberg Video Güldem AtabayPosted on29 November, 202129 November, 2021 Guldem Atabay, economist at Global Source Turkey and PATurkey columnist, discusses the sharp slump in … Continue ReadingAtabay: ‘Erdoganomics’ Is The Reason for Lira Losing Ground – Bloomberg Video
Categories Economy Emerging Markets General HIGHLIGHTS Politics Turkey’s currency crisis textbook monetary mismanagement Güldem AtabayPosted on29 November, 2021 Central banks around the globe are currently staring at inflation rates unseen in more than … Continue ReadingTurkey’s currency crisis textbook monetary mismanagement
Categories Economy HIGHLIGHTS Politics Erdoğan insists on interest rate cuts, says he studied economics Güldem AtabayPosted on29 November, 2021 President Erdoğan once again reiterated his unconventional hypothesis that reducing interest rates will lead to … Continue ReadingErdoğan insists on interest rate cuts, says he studied economics
Categories HIGHLIGHTS Politics Kemal Kirişci and Berk Esen: Might the Turkish Electorate Be Ready to Say Goodbye to Erdoğan After Two Decades in Power? Atilla YeşiladaPosted on27 November, 2021 As Turkey’s economy continues to sink and its foreign policy spins out of control, calls … Continue ReadingKemal Kirişci and Berk Esen: Might the Turkish Electorate Be Ready to Say Goodbye to Erdoğan After Two Decades in Power?
Categories Economy HIGHLIGHTS TUSIAD Chief Economist: Really, a new model as the Turkish lira keeps spiraling? Atilla YeşiladaPosted on27 November, 2021 Turkey is going through a period where the lira has lost approximately 30% of its … Continue ReadingTUSIAD Chief Economist: Really, a new model as the Turkish lira keeps spiraling?
Categories Economy General HIGHLIGHTS Turkish deputy minister expresses determination to continue policy of interest rate cuts Güldem AtabayPosted on26 November, 2021 Turkey is determined to continue a policy of interest rate cuts, and “manipulative attacks” on the … Continue ReadingTurkish deputy minister expresses determination to continue policy of interest rate cuts
Categories General HIGHLIGHTS Politics Istanbul court rules to keep Osman Kavala behind bars Güldem AtabayPosted on26 November, 2021 An Istanbul court on Nov. 26 ruled to keep philanthropist Osman Kavala in prison, after … Continue ReadingIstanbul court rules to keep Osman Kavala behind bars
Categories Economy HIGHLIGHTS Erdogan’s mad economic experiment to deliver result in “4-5” months Atilla YeşiladaPosted on26 November, 2021 Despite the ongoing TL collapse, President Erdogan refused to swerve from a mad economic experiment, … Continue ReadingErdogan’s mad economic experiment to deliver result in “4-5” months
Categories Economy Finance HIGHLIGHTS Turkish central bank, banks discuss rates after lira tumble Güldem AtabayPosted on26 November, 2021 Turkey’s central bank governor said he discussed recent interest rate cuts with bankers at a … Continue ReadingTurkish central bank, banks discuss rates after lira tumble
Categories HIGHLIGHTS HYPED Third night of protests in Turkey with heavy police violence Atilla YeşiladaPosted on26 November, 2021 Turkish police have fired tear gas and rubber bullets at thousands of women protesting against … Continue ReadingThird night of protests in Turkey with heavy police violence
Categories Economy General HIGHLIGHTS Turkish tourism income expected to reach $22 B in 2021 Cem CetingucPosted on25 November, 202125 November, 2021 Turkey wants to generate $22 billion from tourism in 2021 by welcoming more than 28 million foreigners, its … Continue ReadingTurkish tourism income expected to reach $22 B in 2021
Categories General HIGHLIGHTS Politics UAE set aside $10 billion fund to invest in Turkey Cem CetingucPosted on25 November, 202125 November, 2021 The United Arab Emirates (UAE) has set aside a $10 billion fund to invest in … Continue ReadingUAE set aside $10 billion fund to invest in Turkey
Categories Business Finance HIGHLIGHTS Turkish Banks: Sensitivity of capital ratios to currency and asset quality Cem CetingucPosted on25 November, 202125 November, 2021 We update our interactive spreadsheet to stress capital positions with Q3 results: The unfavourable outlook … Continue ReadingTurkish Banks: Sensitivity of capital ratios to currency and asset quality
Categories Economy HIGHLIGHTS The price of Turkish Lira’s collapse gets heavy Cem CetingucPosted on25 November, 202125 November, 2021 Istanbul’s sky is as gloomy as the mood in the households and on the streets … Continue ReadingThe price of Turkish Lira’s collapse gets heavy