Categories HIGHLIGHTS Politics Erdoğan skips Biden’s dinner, returns to Turkey Cem CetingucPosted on28 September, 2024 Turkish President Recep Tayyip Erdoğan on Sept. 26 returned home after completing his visit to … Continue ReadingErdoğan skips Biden’s dinner, returns to Turkey
Categories General HIGHLIGHTS Land Deal for U.S. Embassy in Turkey resurfaces amid NY bribery case Cem CetingucPosted on28 September, 2024 New York City Mayor Eric Adams has been indicted on charges of bribery and campaign … Continue ReadingLand Deal for U.S. Embassy in Turkey resurfaces amid NY bribery case
Categories Economy HIGHLIGHTS BofA Turkey Report: Slow and steady towards disinflation, rate cuts Atilla YeşiladaPosted on26 September, 2024 Key takeaways Macroeconomic imbalances are improving albeit slowly. We still see a soft landing in … Continue ReadingBofA Turkey Report: Slow and steady towards disinflation, rate cuts
Categories Economy HIGHLIGHTS Politics Murat Yetkin: Designated most important agenda item in Turkish politics Güldem AtabayPosted on26 September, 2024 Republican People’s Party (CHP) Ankara Metropolitan Mayor Mansur Yavaş reacted to the “presidential rivalry within … Continue ReadingMurat Yetkin: Designated most important agenda item in Turkish politics
Categories Economy HIGHLIGHTS Politics Turkey cancels plans to tax stock and crypto gains Cem CetingucPosted on26 September, 2024 Türkiye has decided against implementing an additional tax package this year, including a levy on … Continue ReadingTurkey cancels plans to tax stock and crypto gains
Categories Economy HIGHLIGHTS Turkey could receive S&P upgrade soon enough Cem CetingucPosted on26 September, 2024 Türkiye may be on the verge of receiving another credit rating upgrade in November from … Continue ReadingTurkey could receive S&P upgrade soon enough
Categories HIGHLIGHTS Politics Turkey won’t be ‘rushed’ on Ukraine’s NATO membership: Erdoğan Cem CetingucPosted on26 September, 202426 September, 2024 “We are going to follow the developments, the deliberations, and reach a final decision accordingly,” … Continue ReadingTurkey won’t be ‘rushed’ on Ukraine’s NATO membership: Erdoğan
Categories HIGHLIGHTS Politics Turkey and Greece consider talks on maritime zone disputes Cem CetingucPosted on25 September, 2024 Greece and Turkey will explore whether they can start talks aimed at demarcating their maritime … Continue ReadingTurkey and Greece consider talks on maritime zone disputes
Categories Business HIGHLIGHTS Trade Minister highlights increasing US business interest in Turkey Cem CetingucPosted on25 September, 2024 With Turkish-U.S. relations gaining momentum, Turkish Trade Minister Ömer Bolat reported increased interest from major American firms looking to … Continue ReadingTrade Minister highlights increasing US business interest in Turkey
Categories HIGHLIGHTS Politics Turkey may ‘transfer’ S-400 to U.S. as potential step toward rejoining F-35 Program Cem CetingucPosted on25 September, 202425 September, 2024 The U.S. has reportedly proposed a solution to Turkey’s S-400 dilemma that would allow Ankara … Continue ReadingTurkey may ‘transfer’ S-400 to U.S. as potential step toward rejoining F-35 Program
Categories Economy Finance HIGHLIGHTS Politics Simsek tells foreign investors that tight fiscal policy will play a decisive role in the disinflation process Güldem AtabayPosted on25 September, 2024 Turkey’s Finance Minister, Mehmet Simsek, informed investors during a New York meeting that a strict … Continue ReadingSimsek tells foreign investors that tight fiscal policy will play a decisive role in the disinflation process
Categories Economy Finance HIGHLIGHTS Household inflation expectations declined a notch yet still unanchored to inflation target Güldem AtabayPosted on25 September, 2024 The Central Bank of the Republic of Turkey (CBRT) survey results showed that households’ inflation … Continue ReadingHousehold inflation expectations declined a notch yet still unanchored to inflation target
Categories Economy HIGHLIGHTS OECD cuts growth forecast for Turkey Güldem AtabayPosted on25 September, 2024 The Organization for Economic Cooperation and Development (OECD) published the “Interim Economic Outlook” report, in … Continue ReadingOECD cuts growth forecast for Turkey
Categories Economy Finance HIGHLIGHTS Fitch announced its forecast: When will the Turkish Central Bank cut interest rates? Güldem AtabayPosted on25 September, 2024 Erich Arispe Morales, Senior Director and Turkey Analyst at international credit rating agency Fitch Ratings, … Continue ReadingFitch announced its forecast: When will the Turkish Central Bank cut interest rates?
Categories HIGHLIGHTS Politics Erdoğan visits U.N. General Assembly in New York to discuss Gaza crisis Cem CetingucPosted on24 September, 2024 President Recep Tayyip Erdoğan has met with several world leaders ahead of his U.N. General Assembly … Continue ReadingErdoğan visits U.N. General Assembly in New York to discuss Gaza crisis
Categories General HIGHLIGHTS Turkey attracts +35m tourists in eight months Cem CetingucPosted on24 September, 202424 September, 2024 Türkiye saw a significant rise in tourism, welcoming 35.8 million foreign visitors in the first eight months … Continue ReadingTurkey attracts +35m tourists in eight months
Categories Business Company & Industry HIGHLIGHTS Turkey tightens hybrid car import regulations amid push for Chinese investments Cem CetingucPosted on23 September, 2024 Turkey’s Trade Ministry imposed strict conditions on the import of plug-in hybrid vehicles from some … Continue ReadingTurkey tightens hybrid car import regulations amid push for Chinese investments
Categories Company & Industry General HIGHLIGHTS Indonesia looks to acquire ‘naval power’ from Turkey Cem CetingucPosted on23 September, 2024 The Indonesian navy commander has expressed intention to procure additional warships from Türkiye, with proposals for submarines also on the … Continue ReadingIndonesia looks to acquire ‘naval power’ from Turkey
Categories HIGHLIGHTS Politics Erdoğan pledges stable US-Türkiye Relations Cem CetingucPosted on23 September, 2024 President Recep Tayyip Erdoğan emphasized that Türkiye’s high-level dialogue with the United States will remain consistent, irrespective of … Continue ReadingErdoğan pledges stable US-Türkiye Relations
Categories Economy Finance HIGHLIGHTS BRSA loosens lending: Additional restrictions lifted Güldem AtabayPosted on21 September, 2024 The Banking Regulation and Supervision Agency (BRSA) removed the additional risk weights applied to personal … Continue ReadingBRSA loosens lending: Additional restrictions lifted
