Categories Economy HIGHLIGHTS March Consumer Confidence Index at 2,5 year peak- heavenly Güldem AtabayPosted on24 March, 2021 Turkey Statistical Institute (TURSTAT) added one more to its controversial data stream this morning. Accordingly, … Continue ReadingMarch Consumer Confidence Index at 2,5 year peak- heavenly
Categories Economy HIGHLIGHTS Fitch and S&P Global issue new reports on Turkey: Concerns rise Atilla YeşiladaPosted on23 March, 2021 Fitch and S&P Global wrote notes about Turkey today, which express deep concern with … Continue ReadingFitch and S&P Global issue new reports on Turkey: Concerns rise
Categories Economy HIGHLIGHTS Politics Sinan Ulgen*: The Politics Behind Erdogan’s Central Bank Decision Güldem AtabayPosted on23 March, 202123 March, 2021 On the same day that Turkey’s President Recep Tayyip Erdogan sacked Naci Agbal, his third central … Continue ReadingSinan Ulgen*: The Politics Behind Erdogan’s Central Bank Decision
Categories Economy HIGHLIGHTS Erdogan May Reshuffle Turkish Cabinet Soon, His Party Says Güldem AtabayPosted on23 March, 2021 President Recep Tayyip Erdogan may reshuffle Turkey’s government soon, a deputy chairman of the governing party said … Continue ReadingErdogan May Reshuffle Turkish Cabinet Soon, His Party Says
Categories Economy HIGHLIGHTS Turkish markets on fire as Erdoğan adviser Bulut takes the scene Güldem AtabayPosted on23 March, 2021 Yigit Bulut, President Erdogan’s senior economic adviser claimed Turkish locals sold USD 7.0 billion in … Continue ReadingTurkish markets on fire as Erdoğan adviser Bulut takes the scene
Categories HIGHLIGHTS Markets Turkish Lira slump causes contagion, risk-off Atilla YeşiladaPosted on22 March, 2021 By 7 pm Istanbul time, dollar/TL was trading up again, around 7.85-87, while Borsa Istanbul’s … Continue ReadingTurkish Lira slump causes contagion, risk-off
Categories General HIGHLIGHTS US and Turkey set to meet at Nato summit in first talks under Biden Atilla YeşiladaPosted on22 March, 2021 Turkish foreign minister Mevlut Cavusoglu is set to hold his first face-to-face meeting with US … Continue ReadingUS and Turkey set to meet at Nato summit in first talks under Biden
Categories Economy HIGHLIGHTS Turkish lira plunges 13% in early trade after Erdogan ousts central bank governor Güldem AtabayPosted on21 March, 2021 Turkey’s lira tumbled 13% in early Asia trade on Monday, touching November levels, after President … Continue ReadingTurkish lira plunges 13% in early trade after Erdogan ousts central bank governor
Categories General HIGHLIGHTS Naci Agbal becomes global news Atilla YeşiladaPosted on20 March, 2021 The sacking of Turkish Central Bank chairman Mr Naci Agbal made it to the headlines … Continue ReadingNaci Agbal becomes global news
Categories HIGHLIGHTS Politics Turkey leaves Istanbul Convention aimed at protecting women from violence Atilla YeşiladaPosted on20 March, 2021 Turkey has left the Istanbul Convention designed to protect women against violence and combatting against … Continue ReadingTurkey leaves Istanbul Convention aimed at protecting women from violence
Categories General HIGHLIGHTS Erdogan sacks Central Bank head Naci Agbal Atilla YeşiladaPosted on20 March, 2021 Stability and reform are mirages when it comes to Turkey. The day after the financial … Continue ReadingErdogan sacks Central Bank head Naci Agbal
Categories Economy HIGHLIGHTS State-run Halkbank to restructure debts of tradesmen Güldem AtabayPosted on19 March, 2021 Trade Minister Ruhsar Pekcan announced from her twitter account that state-run lender Halkbank will restructure the … Continue ReadingState-run Halkbank to restructure debts of tradesmen
Categories Emerging Markets HIGHLIGHTS Fitch sees Fed tapering in early 2022, warns on fragile emerging markets Atilla YeşiladaPosted on19 March, 2021 (Reuters) – Ratings agency Fitch expects the Federal Reserve to dial back its COVID-19-related economic … Continue ReadingFitch sees Fed tapering in early 2022, warns on fragile emerging markets
Categories HIGHLIGHTS Politics Turkish prosecutor seeks political ban on 687 pro-Kurdish politicians Güldem AtabayPosted on18 March, 2021 The indictment prepared for the closure of the pro-Kurdish Peoples’ Democratic Party (HDP), the Turkish … Continue ReadingTurkish prosecutor seeks political ban on 687 pro-Kurdish politicians
Categories Economy HIGHLIGHTS Markets Turkey’s central bank: Brave 200 basis points rate hike to 19 percent Güldem AtabayPosted on18 March, 2021 The Monetary Policy Committee (MPC) has decided to increase the policy rate (one-week repo auction … Continue ReadingTurkey’s central bank: Brave 200 basis points rate hike to 19 percent
Categories Economy HIGHLIGHTS Turkey to Forgo New Samurai Bond Sale for Now as Note Matures/Rating score a problem Güldem AtabayPosted on18 March, 2021 Turkey is not planning to offer any fresh yen-denominated bonds for the moment, according to … Continue ReadingTurkey to Forgo New Samurai Bond Sale for Now as Note Matures/Rating score a problem
Categories Economy HIGHLIGHTS Politics Murat Yetkin: HDP closure case in Turkey: is this a democracy reform? Güldem AtabayPosted on17 March, 2021 Hours after the removal of one of its MPs, Ömer Faruk Gergerlioğlu from the parliament … Continue ReadingMurat Yetkin: HDP closure case in Turkey: is this a democracy reform?
Categories Economy HIGHLIGHTS Politics Top appeals court launches lawsuit for Pro-Kurdish HDP’s closure Güldem AtabayPosted on17 March, 2021 The chief public prosecutor’s office of the Court of Cassation launched a lawsuit with the Constitutional … Continue ReadingTop appeals court launches lawsuit for Pro-Kurdish HDP’s closure
Categories Economy HIGHLIGHTS Politics Turkey’s justice system down one more grade: AKP-MHP strips pro-Kurdish legislator of seat in parliament Güldem AtabayPosted on17 March, 2021 In the latest crackdown on Turkey’s pro-Kurdish opposition party, Turkey on Wednesday stripped a prominent … Continue ReadingTurkey’s justice system down one more grade: AKP-MHP strips pro-Kurdish legislator of seat in parliament
Categories Economy HIGHLIGHTS Turkey’s short term external debt on the rise: USD 190 bn to pay in the year ahead Güldem AtabayPosted on17 March, 2021 According to the Central Bank data announced today Turkey’s total short-term external debt (original maturity … Continue ReadingTurkey’s short term external debt on the rise: USD 190 bn to pay in the year ahead