Categories Finance HIGHLIGHTS Tim Ash: Turkey – roll-over risk, should we be worried? Atilla YeşiladaPosted on10 January, 2022 There is always focus on Turkey’s large gross external financing needs – the current account … Continue ReadingTim Ash: Turkey – roll-over risk, should we be worried?
Categories General HIGHLIGHTS Politics Soner Cagaptay: Erdogan’s End Game Atilla YeşiladaPosted on9 January, 2022 Over the past few months, Turkish President Recep Tayyip Erdogan has looked increasingly desperate. He … Continue ReadingSoner Cagaptay: Erdogan’s End Game
Categories Finance HIGHLIGHTS Markets Turkey: Central Bank sells over 7 bn dollars in a month Atilla YeşiladaPosted on8 January, 2022 The Central Bank of Turkey sold 7.28 billion dollars in December to inject liquidity into … Continue ReadingTurkey: Central Bank sells over 7 bn dollars in a month
Categories General HIGHLIGHTS Turkey’s Balkan policy: Development aid or influence peddling? Atilla YeşiladaPosted on8 January, 2022 Turkey is one of a handful of countries using charity and aid to extend its … Continue ReadingTurkey’s Balkan policy: Development aid or influence peddling?
Categories Business Finance HIGHLIGHTS BIST Foreign Transactions Report Cem CetingucPosted on7 January, 2022 BIST released December foreign transaction figures, accordingly, a net outflow of USD1.03bn was recorded. The … Continue ReadingBIST Foreign Transactions Report
Categories Business Finance HIGHLIGHTS Erdogan’s Heterodox Economic Measures attract little interest Atilla YeşiladaPosted on7 January, 2022 Turkey’s scheme to protect lira deposits from depreciation has attracted more than 90 billion lira … Continue ReadingErdogan’s Heterodox Economic Measures attract little interest
Categories Business HIGHLIGHTS Tech Bloomberg: Turkey’s State Gas Importer Races for Funding as Prices Surge Atilla YeşiladaPosted on7 January, 2022 IMPORTANT DISCLOSURE: This is only an excerpt from the original Bloomberg article, click here to … Continue ReadingBloomberg: Turkey’s State Gas Importer Races for Funding as Prices Surge
Categories Finance General HIGHLIGHTS Turkish Lira on the ropes, againnnnnnnn Atilla YeşiladaPosted on6 January, 2022 The rebound of Turkish Lira (TL) vs the American dollar (USD) proved “transitory”, despite allegations … Continue ReadingTurkish Lira on the ropes, againnnnnnnn
Categories Economy HIGHLIGHTS Turkey devises bonds to pay if banks lose from Erdogan Lira plan Güldem AtabayPosted on6 January, 2022 Turkey’s government is seeking approval to issue new bonds to compensate banks for possible losses … Continue ReadingTurkey devises bonds to pay if banks lose from Erdogan Lira plan
Categories Economy HIGHLIGHTS Privatized ports’ management may be extended to 49 years without tender Güldem AtabayPosted on6 January, 2022 The Parliament has approved a legislative proposal which foresees an increase in the fines imposed for stockpiling … Continue ReadingPrivatized ports’ management may be extended to 49 years without tender
Categories Economy HIGHLIGHTS AKP threatens limits to food exports to curb inflation Güldem AtabayPosted on6 January, 2022 The ruling Justice and Development Party (AKP) is threatening to impose export limits on basic … Continue ReadingAKP threatens limits to food exports to curb inflation
Categories Economy HIGHLIGHTS Turkish poverty threshold more than double minimum wage – union Güldem AtabayPosted on6 January, 2022 Turkey’s poverty threshold is a monthly 10,119.8 liras ($734) for a four-member family, more than … Continue ReadingTurkish poverty threshold more than double minimum wage – union
Categories Economy HIGHLIGHTS Alcoholic beverages see a 43 percent price rise following special tax increase Güldem AtabayPosted on6 January, 20226 January, 2022 Özgür Aybaş, the president of the Turkish Monopoly Dealers Platform, which represents liquor shop owners, … Continue ReadingAlcoholic beverages see a 43 percent price rise following special tax increase
Categories Economy HIGHLIGHTS Turkey: Economic theory strikes back; inflation reaches 36% Atilla YeşiladaPosted on6 January, 2022 The unorthodox economic views of major policy makers, a premature and front-loaded monetary easing delivered … Continue ReadingTurkey: Economic theory strikes back; inflation reaches 36%
Categories Economy HIGHLIGHTS Turkish Central Bank Revives Bond-Buying Drive to Rein In Yields Güldem AtabayPosted on5 January, 2022 The Turkish central bank bought government bonds for the first time in more than a … Continue ReadingTurkish Central Bank Revives Bond-Buying Drive to Rein In Yields
Categories Economy HIGHLIGHTS Turkey Tightens Oversight of Currency Market as Lira Weakens Güldem AtabayPosted on5 January, 2022 Turkish authorities are keeping tabs on investors who are buying large amounts of foreign currency … Continue ReadingTurkey Tightens Oversight of Currency Market as Lira Weakens
Categories Company & Industry General HIGHLIGHTS Turkish wines face exctinction as economic and climate crises grow Cem CetingucPosted on5 January, 2022 As Gabriel Oktay Cili works in his small wood-panelled silver shop in the heart of … Continue ReadingTurkish wines face exctinction as economic and climate crises grow
Categories Economy HIGHLIGHTS Politics Washington Post: Erdogan’s arbitrary rule is devaluing his nation’s currency — both moral and economic Güldem AtabayPosted on5 January, 20225 January, 2022 Superficially, there is no particular connection between the two biggest ongoing news stories in Turkey: … Continue ReadingWashington Post: Erdogan’s arbitrary rule is devaluing his nation’s currency — both moral and economic
Categories Economy HIGHLIGHTS Fatih Ozatay: Turkish inflation and the consequences of not taking it seriously Güldem AtabayPosted on5 January, 2022 It is routine to write the highest/lowest such and such indicator of such and such … Continue ReadingFatih Ozatay: Turkish inflation and the consequences of not taking it seriously
Categories Economy General HIGHLIGHTS Politics Turkish Banks: Amendments to the reserve requirement regulation to encourage the new deposit scheme Cem CetingucPosted on5 January, 2022 The Central Bank of Turkey (CBT) announced amendments to the reserve requirement regulation last week … Continue ReadingTurkish Banks: Amendments to the reserve requirement regulation to encourage the new deposit scheme
