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…
Categories HIGHLIGHTS Markets Turkey Strategy: 2022 Outlook Risks are high; so is the return Atilla YeşiladaPosted on18 January, 2022 Potential The new FX-protected TL deposits scheme is another step away from much-needed orthodox measures. … Continue ReadingTurkey Strategy: 2022 Outlook Risks are high; so is the return
Categories General HIGHLIGHTS Reuters: Turkey’s new finance minister in the eye of a storm Atilla YeşiladaPosted on18 January, 2022 When Turkey’s new Finance Minister Nureddin Nebati was asked last month to give details of … Continue ReadingReuters: Turkey’s new finance minister in the eye of a storm
Categories Economy HIGHLIGHTS Crash of Turkey’s lira puts poor on the brink of existence | Focus on Europe-DW News Güldem AtabayPosted on16 January, 2022 Turkey’s economy is currently experiencing a rapid crash. The Turkish lira is losing value almost … Continue ReadingCrash of Turkey’s lira puts poor on the brink of existence | Focus on Europe-DW News
Categories Economy HIGHLIGHTS Politics Halkbank prosecution on hold for appeal from U.S. Supreme Court Güldem AtabayPosted on16 January, 2022 The 2nd U.S. Circuit Court of Appeals in Manhattan put the U.S. government’s prosecution of … Continue ReadingHalkbank prosecution on hold for appeal from U.S. Supreme Court
Categories Economy HIGHLIGHTS Politics 4.3 percent of Turkey’s undecided voters shifted back towards ruling AKP – pollster Güldem AtabayPosted on16 January, 2022 Turkey’s ruling Justice and Development Party (AKP) is recovering part of the vote it lost … Continue Reading4.3 percent of Turkey’s undecided voters shifted back towards ruling AKP – pollster
Categories General HIGHLIGHTS Politics Turkey launches first intelligence-gathering ship amid eastern Mediterranean tensions Güldem AtabayPosted on16 January, 2022 Turkey’s first intelligence-gathering ship TCG Ufuk entered service on Friday, with President Recep Tayyip Erdogan saying … Continue ReadingTurkey launches first intelligence-gathering ship amid eastern Mediterranean tensions
Categories General HIGHLIGHTS Politics China calls Turkey to respect sovereignty as Beijing’s worries over Xinjiang influence grow Cem CetingucPosted on14 January, 2022 China has told Turkey the two countries should respect each others’ sovereignty and understanding of ethnic issues … Continue ReadingChina calls Turkey to respect sovereignty as Beijing’s worries over Xinjiang influence grow
Categories Emerging Markets HIGHLIGHTS IIF: Foreign investment in emerging markets outside China comes to ‘abrupt standstill’ Atilla YeşiladaPosted on13 January, 2022 Foreign investment in emerging market stocks and bonds outside China has come to an “abrupt … Continue ReadingIIF: Foreign investment in emerging markets outside China comes to ‘abrupt standstill’
Categories Economy HIGHLIGHTS Politics Turkish lira holds firm after wild ride; World Bank cuts growth view Cem CetingucPosted on13 January, 2022 Turkey’s lira continued a stable trend on Wednesday, in sharp contrast to a volatile plunge … Continue ReadingTurkish lira holds firm after wild ride; World Bank cuts growth view
Categories Business Finance HIGHLIGHTS Turkish Automobiles: Still appealing in a world of uncertainties Cem CetingucPosted on13 January, 2022 Seeking supply/demand equilibrium. Our 2022 outlook for the Turkish auto industry is for slight to … Continue ReadingTurkish Automobiles: Still appealing in a world of uncertainties
Categories General HIGHLIGHTS Man in Diyarbakır names baby boy after Viking king ‘Ragnar’ Cem CetingucPosted on13 January, 202213 January, 2022 A man from the eastern province of Diyarbakır has named his baby boy after “Ragnar,” the legendary … Continue ReadingMan in Diyarbakır names baby boy after Viking king ‘Ragnar’
Categories Economy General HIGHLIGHTS Politics Erdogan persists on Economic Policy as Turkey’s Inflation Rises, Currency Crashes Cem CetingucPosted on13 January, 202213 January, 2022 Turkey’s economy had a difficult year, with its currency depreciating and inflation skyrocketing. Experts warn … Continue ReadingErdogan persists on Economic Policy as Turkey’s Inflation Rises, Currency Crashes
Categories Economy Finance HIGHLIGHTS Y.F. Macro Focus: CA gave deficit again after 3-month long surpluses Cem CetingucPosted on13 January, 2022 In November , the CA posted a monthly deficit of USD2.7bn (Consensus: USD -2.2bn, YF: … Continue ReadingY.F. Macro Focus: CA gave deficit again after 3-month long surpluses
Categories General HIGHLIGHTS As Turkey rolls out its own COVID-19 vaccine, questions arise over its efficacy Cem CetingucPosted on13 January, 2022 Turkey joined the list of countries developing their own vaccine against COVID-19 in November 2020. In December … Continue ReadingAs Turkey rolls out its own COVID-19 vaccine, questions arise over its efficacy
Categories Business Company & Industry HIGHLIGHTS Russia’s Gazprom Export Signs New 4-Year Gas Supply Deal with Turkey’s BOTAŞ Cem CetingucPosted on13 January, 2022 Gazprom Export, a subsidiary of Russia’s state-owned Gazprom, will increase its gas deliveries to Turkey … Continue ReadingRussia’s Gazprom Export Signs New 4-Year Gas Supply Deal with Turkey’s BOTAŞ
Categories Economy HIGHLIGHTS Erdogan vows to tame Turkish inflation as scepticism grows Güldem AtabayPosted on12 January, 2022 President Tayyip Erdogan promised on Wednesday to tame Turkey’s surging inflation, which hit 36% last … Continue ReadingErdogan vows to tame Turkish inflation as scepticism grows
Categories Economy HIGHLIGHTS Erdogan Sticks with Economic Policy as Turkey’s Inflation Rises, Currency Sinks Güldem AtabayPosted on12 January, 2022 Turkey’s economy had a difficult year, with its currency depreciating and inflation skyrocketing. Experts warn … Continue ReadingErdogan Sticks with Economic Policy as Turkey’s Inflation Rises, Currency Sinks
