Categories Business General HIGHLIGHTS Economy Czar Nebati makes headlines with new bloopers Atilla YeşiladaPosted on23 January, 2022 Turkish Finance Minister Nureddin Nebati told economists he expects the inflation rate to peak at … Continue ReadingEconomy Czar Nebati makes headlines with new bloopers
Categories General HIGHLIGHTS The Guardian: Prominent journalist detained for insulting president Erdogan Atilla YeşiladaPosted on23 January, 2022 A prominent Turkish TV journalist has been detained and could face imprisonment after being charged … Continue ReadingThe Guardian: Prominent journalist detained for insulting president Erdogan
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Airlines: Cargo and FX remain near-term drivers Cem CetingucPosted on21 January, 2022 Cargo-driven FY21 sets a high base for FY22e profits. With revised forecasts in this note, … Continue ReadingTurkish Airlines: Cargo and FX remain near-term drivers
Categories Economy HIGHLIGHTS Politics Erdogan’s approval ratings up, as lira stabilises, yet still below 50 percent Güldem AtabayPosted on21 January, 202221 January, 2022 President Tayyip Erdogan’s approval rating rose 2.1 percentage points in January, a poll by Metropoll … Continue ReadingErdogan’s approval ratings up, as lira stabilises, yet still below 50 percent
Categories Business HIGHLIGHTS Government adding capital to state lenders, again Atilla YeşiladaPosted on21 January, 2022 Turkey plans to inject 51.5 billion liras ($3.8 billion) into state banks to ensure they … Continue ReadingGovernment adding capital to state lenders, again
Categories Economy HIGHLIGHTS Erdogan pledges to tackle record inflation in Turkey | DW News Güldem AtabayPosted on20 January, 2022 Turkish President Recep Tayyip Erdogan has pledged to bring down Turkey’s soaring inflation. Inflation jumped … Continue ReadingErdogan pledges to tackle record inflation in Turkey | DW News
Categories Business Company & Industry HIGHLIGHTS Markets EBRD, FMO lends 80 million dollars to Borusan Energy Cem CetingucPosted on20 January, 202220 January, 2022 The European Bank for Reconstruction and Development (EBRD) said on Wednesday that together with the … Continue ReadingEBRD, FMO lends 80 million dollars to Borusan Energy
Categories Business Emerging Markets General HIGHLIGHTS Politics Turkey-Azerbaijan pipeline to be laid this year to supply Nakhchivan Cem CetingucPosted on20 January, 2022 Following the liberation of Azerbaijan’s occupied Nagorno-Karabakh region, Baku is now looking to ensure the … Continue ReadingTurkey-Azerbaijan pipeline to be laid this year to supply Nakhchivan
Categories Economy General HIGHLIGHTS Politics Are Turkey’s efforts to fix the economy working? Cem CetingucPosted on20 January, 2022 Turkey’s government and central bank have taken unconventional steps in recent weeks to prop up … Continue ReadingAre Turkey’s efforts to fix the economy working?
Categories Economy HIGHLIGHTS Politics Meral Akşener condemns economic policies of Turkish government Cem CetingucPosted on20 January, 2022 İYİ (Good) Party leader Meral Akşener on Jan. 19 expressed criticism against the government for its economic … Continue ReadingMeral Akşener condemns economic policies of Turkish government
Categories Finance HIGHLIGHTS CBRT passes up on rate cut, but more are underway Atilla YeşiladaPosted on20 January, 2022 The Turkish Central Bank left its weekly repo rate unchanged 14%, in-line with expectations. This … Continue ReadingCBRT passes up on rate cut, but more are underway
Categories Finance HIGHLIGHTS Markets Turkish lira to weaken to 20 per dollar this year, Standard Chartered says Atilla YeşiladaPosted on20 January, 2022 Turkey’s lira is expected to weaken to 20 per dollar by the end of the … Continue ReadingTurkish lira to weaken to 20 per dollar this year, Standard Chartered says
Categories Economy HIGHLIGHTS Reuters poll: Turkey’s inflation seen dropping to about 27% by end of 2022 Atilla YeşiladaPosted on20 January, 2022 Already rampant inflation in Turkey will rise further in the coming months before declining to … Continue ReadingReuters poll: Turkey’s inflation seen dropping to about 27% by end of 2022
Categories Business Finance HIGHLIGHTS Turkey’s swap deal with UAE boosts CB reserves Atilla YeşiladaPosted on20 January, 2022 Turkey and the United Arab Emirates have agreed to a currency swap deal equivalent to … Continue ReadingTurkey’s swap deal with UAE boosts CB reserves
Categories Economy Finance HIGHLIGHTS Turkish bank employees compelled to boost lira-defence scheme Güldem AtabayPosted on19 January, 2022 Turkey’s big state banks have set employee performance targets as they urge clients to convert … Continue ReadingTurkish bank employees compelled to boost lira-defence scheme
Categories Business General HIGHLIGHTS BREAKING: Oil rises to 7-year high as Turkey outage adds to tight supply Outlook—CNBC.com Atilla YeşiladaPosted on19 January, 2022 Oil prices rose for a fourth day to a seven-year high as an outage on … Continue ReadingBREAKING: Oil rises to 7-year high as Turkey outage adds to tight supply Outlook—CNBC.com
Categories Business Finance General HIGHLIGHTS Deutsche: Turkey: recent developments and what’s next Atilla YeşiladaPosted on19 January, 2022 In this report, we discuss recent developments regarding the FX-protected lira deposit scheme, provide an … Continue ReadingDeutsche: Turkey: recent developments and what’s next
Categories Economy HIGHLIGHTS Politics Turkey’s Erdogan Shifts Tone to Signal Slower, Gradual Rate Cuts Güldem AtabayPosted on18 January, 2022 Turkey’s President Recep Tayyip Erdogan said borrowing costs will fall slowly and gradually, pulling back … Continue ReadingTurkey’s Erdogan Shifts Tone to Signal Slower, Gradual Rate Cuts
Categories Economy HIGHLIGHTS Politics Bloomberg: Turkey Can’t Defy the Laws of Economic Gravity Güldem AtabayPosted on18 January, 202218 January, 2022 President Recep Tayyip Erdogan of Turkey has spent much of the past year seeking and failing … Continue ReadingBloomberg: Turkey Can’t Defy the Laws of Economic Gravity
Categories Business HIGHLIGHTS Tech CNBC: Another Turkish unicorn galloping… Atilla YeşiladaPosted on18 January, 2022 Investors are betting the next big success story in gaming will come out of Turkey, … Continue ReadingCNBC: Another Turkish unicorn galloping…
