Categories Economy HIGHLIGHTS Salaries in Turkey Are Approaching the Minimum Wage: Income Distribution in Danger Güldem AtabayPosted on12 August, 202412 August, 2024 A new study by Prof. Dr. Aykut Kibritçioğlu, an economist from the Turkish-German University, has … Continue ReadingSalaries in Turkey Are Approaching the Minimum Wage: Income Distribution in Danger
Categories Economy HIGHLIGHTS Strong spike in Turkey’s unemployment rate in June as the economy slows sharply Güldem AtabayPosted on12 August, 202412 August, 2024 Turkey’s seasonally adjusted unemployment rate spiked to 9.2% in June from 8.4% in May. The … Continue ReadingStrong spike in Turkey’s unemployment rate in June as the economy slows sharply
Categories General HIGHLIGHTS Türkiye offers assistance to Greece as wildfires threaten Athens Cem CetingucPosted on12 August, 2024 Türkiye has offered aid to Greece in its fight against the wildfires that broke out near Athens over the weekend. … Continue ReadingTürkiye offers assistance to Greece as wildfires threaten Athens
Categories Business HIGHLIGHTS Xinhua: Operators remain positive regarding Turkish tourism despite inflation Cem CetingucPosted on12 August, 2024 In resort towns like Bodrum, Datca and Cesme along the Turkish Aegean Coast, the once … Continue ReadingXinhua: Operators remain positive regarding Turkish tourism despite inflation
Categories General HIGHLIGHTS Turkish AKP deputy calls for TikTok ban Cem CetingucPosted on12 August, 2024 Turkish parliament’s Digital Media Commission head, ruling AKP deputy Yayman has demanded an access ban … Continue ReadingTurkish AKP deputy calls for TikTok ban
Categories General HIGHLIGHTS OECD: 6.5 million schoolchildren go hungry every day Atilla YeşiladaPosted on10 August, 2024 The AKP administration’s economic policies not only cause periodic shocks to the local currency, but … Continue ReadingOECD: 6.5 million schoolchildren go hungry every day
Categories General HIGHLIGHTS HYPED Dog massacre: Another Turkish municipality accused of mass stray dog killings Cem CetingucPosted on9 August, 2024 Ankara’s Altındağ district municipality, controlled by the ruling Justice and Development Party (AKP), is under … Continue ReadingDog massacre: Another Turkish municipality accused of mass stray dog killings
Categories HIGHLIGHTS Politics Foreign Minister calls for global support in genocide case against Israel Cem CetingucPosted on9 August, 2024 Foreign Minister Hakan Fidan has called on all nations to join the genocide case against Israel at the International … Continue ReadingForeign Minister calls for global support in genocide case against Israel
Categories Economy HIGHLIGHTS Turkey’s industrial production sharply contracts in June Güldem AtabayPosted on9 August, 20249 August, 2024 According to the Turkish Statistical Institute, industrial production contracted by 4.7 percent year-on-year in June. … Continue ReadingTurkey’s industrial production sharply contracts in June
Categories Economy HIGHLIGHTS Inflation Report ANALYSIS: CBRT maintains its end-2024 CPI inflation forecast at 38% Atilla YeşiladaPosted on8 August, 2024 CBRT kept its inflation forecasts unchanged in today’s third Inflation Report of the year. CBRT’s … Continue ReadingInflation Report ANALYSIS: CBRT maintains its end-2024 CPI inflation forecast at 38%
Categories Company & Industry HIGHLIGHTS Türkiye’s R&D spending hits 98.7 billion TRY in 2023 Cem CetingucPosted on8 August, 2024 Türkiye’s central government budget outlays on Research and Development (R&D) activities amounted to 98 billion … Continue ReadingTürkiye’s R&D spending hits 98.7 billion TRY in 2023
Categories Economy HIGHLIGHTS Fund managers anticipate sharp decline in Turkish inflation Cem CetingucPosted on8 August, 2024 Inflation in Türkiye is expected to fall sharply by the end of the year, according … Continue ReadingFund managers anticipate sharp decline in Turkish inflation
Categories Economy HIGHLIGHTS Türkiye increases customs duty on overseas purchases Cem CetingucPosted on8 August, 20248 August, 2024 Türkiye on Tuesday announced new measures by which it hiked the customs duty applied to … Continue ReadingTürkiye increases customs duty on overseas purchases
Categories Economy HIGHLIGHTS Morgan Stanley on Turkish economy: No Respite from Services Cem CetingucPosted on8 August, 20248 August, 2024 Despite a sharp decline in July inflation due to base effects, the underlying monthly inflation … Continue ReadingMorgan Stanley on Turkish economy: No Respite from Services
Categories Economy General HIGHLIGHTS Cetin Unsalan: Turkstat just admitted to cheating on inflation figures Atilla YeşiladaPosted on7 August, 2024 Cetin Unsalan is a veteran journalist covering non-financial economy, a YouTube creator and a regular … Continue ReadingCetin Unsalan: Turkstat just admitted to cheating on inflation figures
Categories Atilla Yeşilada Emerging Markets Finance HIGHLIGHTS Real Turkey SPECIAL video: Is the world hurtling towards a financial crisis? Atilla YeşiladaPosted on7 August, 20248 August, 2024 Financial markets experienced two panic attacks in the course of a fortnight, which seemed … Continue ReadingReal Turkey SPECIAL video: Is the world hurtling towards a financial crisis?
Categories Business General HIGHLIGHTS News sources: US threatens sanctions on Turkey because of illicit Russia trade Atilla YeşiladaPosted on7 August, 20247 August, 2024 Accroding to OREANDA-NEWS, Washington has threatened Turkey with “consequences” for exporting technology to Russia. The … Continue ReadingNews sources: US threatens sanctions on Turkey because of illicit Russia trade
Categories General HIGHLIGHTS Turkey begins development of ‘Steel Dome’ integrated air defense system Cem CetingucPosted on7 August, 2024 Türkiye has decided to launch works to develop an integrated multilayered air defense system called the Steel Dome. … Continue ReadingTurkey begins development of ‘Steel Dome’ integrated air defense system
Categories HIGHLIGHTS Politics Turkey submits documentation to join ‘genocide case’ against Israel Cem CetingucPosted on7 August, 2024 Türkiye has formally submitted its bid to join the genocide case launched by South Africa against Israel at the … Continue ReadingTurkey submits documentation to join ‘genocide case’ against Israel
Categories Business HIGHLIGHTS Tech Roblox banned in Türkiye following nationwide Instagram block Atilla YeşiladaPosted on7 August, 2024 Turkey’s authoritarian president Erdogan whose mantra is “if I can’t conquer it, might as well … Continue ReadingRoblox banned in Türkiye following nationwide Instagram block
