Categories Company & Industry HIGHLIGHTS Migros (MGROS): updating estimates following Q2 results Cem CetingucPosted on11 September, 2024 Migros reported solid Q2 2024 results on August 20th. In Q2 2024, Migros generated TL64,293m revenues … Continue ReadingMigros (MGROS): updating estimates following Q2 results
Categories HIGHLIGHTS Politics Erdoğan: Turkey advances despite ongoing tensions Cem CetingucPosted on10 September, 2024 President Recep Tayyip Erdoğan has asserted Türkiye’s progress despite escalating regional tensions. “Türkiye is the only country … Continue ReadingErdoğan: Turkey advances despite ongoing tensions
Categories HIGHLIGHTS Politics Turkey urges Arab League to strengthen ties Cem CetingucPosted on10 September, 2024 Türkiye has reiterated the importance of improving ties and building a common strategic vision with … Continue ReadingTurkey urges Arab League to strengthen ties
Categories Business Company & Industry HIGHLIGHTS Turkey’s contracting sector secures $11.2B in international projects from January to August Cem CetingucPosted on9 September, 2024 The Turkish contracting sector undertook projects abroad amounting to $11.2 billion in the first eight … Continue ReadingTurkey’s contracting sector secures $11.2B in international projects from January to August
Categories Economy HIGHLIGHTS Politics DEM Party’s Temelli warns of stagflation, emphasizes democracy for salvation Cem CetingucPosted on9 September, 2024 Sezai Temelli, an economist and deputy of the pro-Kurdish Peoples’ Equality and Democracy Party (DEM … Continue ReadingDEM Party’s Temelli warns of stagflation, emphasizes democracy for salvation
Categories HIGHLIGHTS Politics Iran-Turkey invest in drone aircraft carriers to expand military influence Cem CetingucPosted on9 September, 2024 Turkey and Iran say they’re building navies capable of projecting power far from their shores, … Continue ReadingIran-Turkey invest in drone aircraft carriers to expand military influence
Categories Atilla Yeşilada Economy HIGHLIGHTS Atilla Yeşilada video commentary: Turkish economy enters stagflation | Atilla YeşiladaPosted on7 September, 2024 • A poor second quarter GDP outturn, weak summer data and rampant inflation amount … Continue ReadingAtilla Yeşilada video commentary: Turkish economy enters stagflation |
Categories Economy HIGHLIGHTS Fitch Ratings raised Turkey’s credit one notch and changed its outlook from positive to stable Güldem AtabayPosted on6 September, 20246 September, 2024 International credit rating agency Fitch Ratings upgraded Turkey’s credit rating by one notch. According to … Continue ReadingFitch Ratings raised Turkey’s credit one notch and changed its outlook from positive to stable
Categories Economy HIGHLIGHTS Akçay says Şimşek’s economic program is ‘undermining Turkish economy’ Cem CetingucPosted on6 September, 2024 In the period ahead, we will see the path ahead of Şimşek’s program narrowing further. … Continue ReadingAkçay says Şimşek’s economic program is ‘undermining Turkish economy’
Categories General HIGHLIGHTS Rising sinkholes in ‘Turkey’s granary’ threaten agricultural sector Cem CetingucPosted on6 September, 2024 Over 2,600 sinkholes in Turkey’s Konya Plain are threatening agriculture and residential areas, driven by … Continue ReadingRising sinkholes in ‘Turkey’s granary’ threaten agricultural sector
Categories Economy HIGHLIGHTS Politics Two polls reflect loss of support for the AKP as the main opposition keeps rising Güldem AtabayPosted on6 September, 2024 The figures in the latest election and political survey of SONAR, a research company close … Continue ReadingTwo polls reflect loss of support for the AKP as the main opposition keeps rising
Categories Güldem Atabay HIGHLIGHTS Growth, inflation and now the Medium Term Program: The economic picture of 2025 has become clear Güldem AtabayPosted on6 September, 2024 Last week was pivotal for the Turkish economy. First, second-quarter growth data was released, revealing … Continue ReadingGrowth, inflation and now the Medium Term Program: The economic picture of 2025 has become clear
Categories General HIGHLIGHTS Turkey imposes record fines for hunting endangered species Cem CetingucPosted on5 September, 20245 September, 2024 The country’s nature conservation body has announced the fines for hunting endangered species, which are off-limits for the … Continue ReadingTurkey imposes record fines for hunting endangered species
Categories Economy HIGHLIGHTS Medium-Term Economic Program projects 3.5% growth for 2024 Cem CetingucPosted on5 September, 20245 September, 2024 Türkiye’s economy is expected to grow by 3.5 percent this year before the GDP expansion accelerates to … Continue ReadingMedium-Term Economic Program projects 3.5% growth for 2024
Categories Economy General HIGHLIGHTS Mehmet Şimşek wows full commitment to disinflation Atilla YeşiladaPosted on5 September, 2024 Şimşek says “In the short term, our main priority is disinflation and price stability”. Minister … Continue ReadingMehmet Şimşek wows full commitment to disinflation
Categories Finance HIGHLIGHTS AllianceBernstein: Turkish Debt and Lira Face Bumpy Road Güldem AtabayPosted on5 September, 20245 September, 2024 Christian DiClementi, director of emerging-market debt at AllianceBernstein Holding LP, predicts that Turkish lira bonds … Continue ReadingAllianceBernstein: Turkish Debt and Lira Face Bumpy Road
Categories General HIGHLIGHTS Politics Turkey formally applies for BRICS membership Atilla YeşiladaPosted on5 September, 2024 NATO member Turkey has applied for membership in the BRICS bloc of developing economies, a … Continue ReadingTurkey formally applies for BRICS membership
Categories HIGHLIGHTS Politics Imamoğlu hints at 2028 presidential bid Cem CetingucPosted on4 September, 2024 I will be where the nation wants me to be,” Istanbul Mayor Ekrem Imamoğlu said on … Continue ReadingImamoğlu hints at 2028 presidential bid
Categories HIGHLIGHTS Politics Al-Sisi’s visit marks new era in bilateral relations Cem CetingucPosted on4 September, 20244 September, 2024 Türkiye and Egypt are improving bilateral relations, President Recep Tayyip Erdoğan said during his counterpart Abdel Fattah … Continue ReadingAl-Sisi’s visit marks new era in bilateral relations
Categories Economy HIGHLIGHTS Central bank comments on 2Q24 growth: a moderate but gradually increasing decline in the underlying trend of economic activity Güldem AtabayPosted on4 September, 20244 September, 2024 The Central Bank of Turkey (CBRT) has published new research note on its blog, offering … Continue ReadingCentral bank comments on 2Q24 growth: a moderate but gradually increasing decline in the underlying trend of economic activity
