Categories Economy HIGHLIGHTS Turkey expects GDP growth in 2021 to soar to 7%…or is it 8% Atilla YeşiladaPosted on22 August, 2021 After posting 1.8% GDP growth amidst the pandemic, officials are upping 2022 growth estimates, while … Continue ReadingTurkey expects GDP growth in 2021 to soar to 7%…or is it 8%
Categories Business Economy HIGHLIGHTS Government announces new Covid-19 restrictions, confidence in AKP, economy to decline Atilla YeşiladaPosted on20 August, 202120 August, 2021 The administration will require negative COVID-19 test results and proofs of vaccination … Continue ReadingGovernment announces new Covid-19 restrictions, confidence in AKP, economy to decline
Categories Economy HIGHLIGHTS Turkey’s dismal inflation pressures Güldem AtabayPosted on20 August, 2021 TURKSTAT unveiled two sets of inflation data today. Agricultural Input Price Index for June 2021 … Continue ReadingTurkey’s dismal inflation pressures
Categories General HIGHLIGHTS Report warns of new disasters as Turkey commemorates 1999 disaster Atilla YeşiladaPosted on20 August, 2021 The victims of the 1999 Marmara earthquake, the most devastating earthquake in the history of … Continue ReadingReport warns of new disasters as Turkey commemorates 1999 disaster
Categories Finance HIGHLIGHTS PA Turkey Video: A discussion on Stablecoins and CBDC Atilla YeşiladaPosted on20 August, 2021 Mr. David Andolfatto (Fed) and Mr. George Selgin (Cato) have shared their thoughts … Continue ReadingPA Turkey Video: A discussion on Stablecoins and CBDC
Categories Economy HIGHLIGHTS Politics Poll: Four possible opposition candidates lead Erdoğan, economic crisis most urgent problem Güldem AtabayPosted on19 August, 2021 The Yöneylem Social Research Center has released the results of its monthly opinion poll for … Continue ReadingPoll: Four possible opposition candidates lead Erdoğan, economic crisis most urgent problem
Categories Economy General HIGHLIGHTS Politics Deutsche Bank Plans $1.2 Billion in Turkey ESG Finance Deals Güldem AtabayPosted on19 August, 2021 Deutsche Bank AG is in talks with a number of Turkish clients to ramp up … Continue ReadingDeutsche Bank Plans $1.2 Billion in Turkey ESG Finance Deals
Categories Economy HIGHLIGHTS Turkey’s Residential Property Price Index change reaches 29.2 percent yoy Güldem AtabayPosted on17 August, 2021 As per the data released by the central bank, Turkey’s Residential Property Price Index (RPPI) increased … Continue ReadingTurkey’s Residential Property Price Index change reaches 29.2 percent yoy
Categories General HIGHLIGHTS Politics AKP draft bill suggests prison time for sharing misinformation online Güldem AtabayPosted on17 August, 202117 August, 2021 A new draft bill prepared by the ruling AKP will include disinformation and misinformation as … Continue ReadingAKP draft bill suggests prison time for sharing misinformation online
Categories Economy HIGHLIGHTS Politics Turkey says it welcomes Taliban statements since they seized control Güldem AtabayPosted on17 August, 2021 Turkey is in talks with all parties in Afghanistan, including the Taliban, and views positively … Continue ReadingTurkey says it welcomes Taliban statements since they seized control
Categories Economy HIGHLIGHTS Politics Afghan refugees could give Erdogan leverage with Europe Güldem AtabayPosted on17 August, 2021 The Taliban’s rapid advance into Kabul is not only causing concern about Afghanistan’s future but … Continue ReadingAfghan refugees could give Erdogan leverage with Europe
Categories Economy HIGHLIGHTS Politics The Turkey-Russia Relationship: Why “Compartmentalization” and Not Conflict? Güldem AtabayPosted on17 August, 2021 Russia and Turkey maintain an interesting and volatile geopolitical relationship. The two states share many … Continue ReadingThe Turkey-Russia Relationship: Why “Compartmentalization” and Not Conflict?
Categories HIGHLIGHTS Politics Reuters: Turkey drops Kabul airport plans but will assist if Taliban ask Güldem AtabayPosted on16 August, 2021 Turkey has dropped plans to take control of Kabul airport after NATO’s withdrawal but is … Continue ReadingReuters: Turkey drops Kabul airport plans but will assist if Taliban ask
Categories Economy HIGHLIGHTS Agricultural producers prices hit 22.8 percent Güldem AtabayPosted on16 August, 2021 Producer Price Index of Agricultural Products (Agriculture-PPI) increased by 22.80% annually and 1.34% monthly. Droughts … Continue ReadingAgricultural producers prices hit 22.8 percent
Categories Economy HIGHLIGHTS 2Q21 unemployment down to 12.4 percent Güldem AtabayPosted on16 August, 2021 TURKSTAT announced the “Seasonally adjusted employment figures for the 2Q21 period in Turkey. As the … Continue Reading2Q21 unemployment down to 12.4 percent
Categories Economy HIGHLIGHTS Bloomberg HT Consumer Confidence Preliminary Index falls sharply in August Güldem AtabayPosted on16 August, 2021 The Bloomberg HT Consumer Confidence Preliminary Index declined by 4.03 percent from the previous month’s final … Continue ReadingBloomberg HT Consumer Confidence Preliminary Index falls sharply in August
Categories HIGHLIGHTS Politics Afghanistan: Turkey exploring ways to station troops in Kabul even after Taliban victory Güldem AtabayPosted on16 August, 2021 Turkey’s government is exploring ways to keep its soldiers stationed at Kabul international airport even after … Continue ReadingAfghanistan: Turkey exploring ways to station troops in Kabul even after Taliban victory
Categories Economy HIGHLIGHTS Turkish Economy: The Good, the Bad and the Ugly Atilla YeşiladaPosted on16 August, 2021 Turkish Economy: The Good, the Bad and the Ugly Turkish economy is staging … Continue ReadingTurkish Economy: The Good, the Bad and the Ugly
Categories Economy HIGHLIGHTS Inveo: Turkey’s current account deficit set to shrink through 2021 Atilla YeşiladaPosted on14 August, 202114 August, 2021 C/A deficit continues to trend down in June and is likely to do so going … Continue ReadingInveo: Turkey’s current account deficit set to shrink through 2021
Categories Business Economy HIGHLIGHTS Fitch Affirms Turkey at ‘BB-‘; Outlook Stable Atilla YeşiladaPosted on14 August, 2021 The agency issued the following statement KEY RATING DRIVERS Turkey’s ratings reflect weak monetary … Continue ReadingFitch Affirms Turkey at ‘BB-‘; Outlook Stable
