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
Categories General HIGHLIGHTS Politics Ozgur Unluhisarcikli: It Is Not Too Early to Think About Political Change in Turkey Atilla YeşiladaPosted on12 January, 202215 January, 2022 After almost 20 years of uninterrupted rule by Recep Tayyip Erdoğan, first as prime minister … Continue ReadingOzgur Unluhisarcikli: It Is Not Too Early to Think About Political Change in Turkey
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets TURKEY: Next Stop Is Currency Controls Atilla YeşiladaPosted on12 January, 2022 Erdogan’s heterodox (unusual) economic policies pushed Turkey into the abyss. “Official” inflation … Continue ReadingTURKEY: Next Stop Is Currency Controls
Categories Company & Industry Emerging Markets HIGHLIGHTS Getir to Seek $12 Billion Valuation in New Investment Round Güldem AtabayPosted on11 January, 202212 January, 2022 Turkish grocery delivery app Getir is looking to raise capital at a valuation of $12 billion in … Continue ReadingGetir to Seek $12 Billion Valuation in New Investment Round
Categories Economy HIGHLIGHTS Politics Turkey’s economic woes are hurting Erdogan – polls Güldem AtabayPosted on11 January, 2022 More Turks now believe an opposition alliance is better suited than President Tayyip Erdogan and … Continue ReadingTurkey’s economic woes are hurting Erdogan – polls
Categories Economy General HIGHLIGHTS ‘Turkey’s economy is in complete collapse,’ says CHP Chair Kılıçdaroğlu Atilla YeşiladaPosted on11 January, 2022 Republican People’s Party (CHP) Chair Kemal Kılıçdaroğlu spoke at the weekly Parliamentary group meeting of … Continue Reading‘Turkey’s economy is in complete collapse,’ says CHP Chair Kılıçdaroğlu
Categories HIGHLIGHTS Politics B. Begumhan Bayhan: Does Turkey’s economic crisis spell the end for Erdogan? Atilla YeşiladaPosted on11 January, 2022 Once seen as an emerging economy and one of the 21st century’s success stories, things … Continue ReadingB. Begumhan Bayhan: Does Turkey’s economic crisis spell the end for Erdogan?
Categories Economy HIGHLIGHTS ING: Turkey’s current account swings into deficit in November but longer-term trend improves Atilla YeşiladaPosted on11 January, 2022 Despite higher energy bills, the current account deficit has continued to narrow on a 12-month … Continue ReadingING: Turkey’s current account swings into deficit in November but longer-term trend improves
Categories Economy Emerging Markets General HIGHLIGHTS IMF: Emerging Economies Must Prepare for Fed Policy Tightening Güldem AtabayPosted on10 January, 2022 For most of last year, investors priced in a temporary rise in inflation in the … Continue ReadingIMF: Emerging Economies Must Prepare for Fed Policy Tightening
Categories Finance HIGHLIGHTS Tim Ash: Turkey – roll-over risk, should we be worried? Atilla YeşiladaPosted on10 January, 2022 There is always focus on Turkey’s large gross external financing needs – the current account … Continue ReadingTim Ash: Turkey – roll-over risk, should we be worried?
Categories General HIGHLIGHTS Politics Soner Cagaptay: Erdogan’s End Game Atilla YeşiladaPosted on9 January, 2022 Over the past few months, Turkish President Recep Tayyip Erdogan has looked increasingly desperate. He … Continue ReadingSoner Cagaptay: Erdogan’s End Game
Categories Finance HIGHLIGHTS Markets Turkey: Central Bank sells over 7 bn dollars in a month Atilla YeşiladaPosted on8 January, 2022 The Central Bank of Turkey sold 7.28 billion dollars in December to inject liquidity into … Continue ReadingTurkey: Central Bank sells over 7 bn dollars in a month
Categories General HIGHLIGHTS Turkey’s Balkan policy: Development aid or influence peddling? Atilla YeşiladaPosted on8 January, 2022 Turkey is one of a handful of countries using charity and aid to extend its … Continue ReadingTurkey’s Balkan policy: Development aid or influence peddling?
Categories Business Finance HIGHLIGHTS BIST Foreign Transactions Report Cem CetingucPosted on7 January, 2022 BIST released December foreign transaction figures, accordingly, a net outflow of USD1.03bn was recorded. The … Continue ReadingBIST Foreign Transactions Report
Categories Business Finance HIGHLIGHTS Erdogan’s Heterodox Economic Measures attract little interest Atilla YeşiladaPosted on7 January, 2022 Turkey’s scheme to protect lira deposits from depreciation has attracted more than 90 billion lira … Continue ReadingErdogan’s Heterodox Economic Measures attract little interest
