Categories Economy HIGHLIGHTS Turkey’s Consumer Confidence sinks in April Güldem AtabayPosted on22 April, 2021 Seasonally adjusted consumer confidence index decreased by 7.5% in April to 80.2 from the March … Continue ReadingTurkey’s Consumer Confidence sinks in April
Categories Economy HIGHLIGHTS Lira down on Erdogan’s reserve loss arguments and tensions with the US Güldem AtabayPosted on22 April, 202122 April, 2021 UPDATE: At 5 pm Turkey time, dollar/TL is trading at 8.30-31 Turkey’s lira skidded 2% … Continue ReadingLira down on Erdogan’s reserve loss arguments and tensions with the US
Categories Economy Emerging Markets HIGHLIGHTS Politics Turkey: Russia plays hardball over tourism amid Ukraine dispute Güldem AtabayPosted on22 April, 202122 April, 2021 Turkish tour operators, hotel owners and businesses based in Antalya in Turkey’s Riviera, which employs the bulk … Continue ReadingTurkey: Russia plays hardball over tourism amid Ukraine dispute
Categories Economy HIGHLIGHTS HYPED Politics Biden Preparing to Declare That Atrocities Against Armenia Were Genocide Güldem AtabayPosted on22 April, 2021 More than a century after the Ottoman Empire’s killing of an estimated 1.5 million Armenian civilians, … Continue ReadingBiden Preparing to Declare That Atrocities Against Armenia Were Genocide
Categories Economy Güldem Atabay HIGHLIGHTS Politics Güldem Atabay: The Death of a Central Bank Güldem AtabayPosted on22 April, 2021 The Turkish central bank’s Monetary Policy Committee (MPC) kept the benchmark interest rate steady at … Continue ReadingGüldem Atabay: The Death of a Central Bank
Categories HIGHLIGHTS Politics WSJ: Biden Poised to Recognize Massacres of Armenians as Genocide, Officials Say Atilla YeşiladaPosted on22 April, 2021 President Biden is poised to formally declare that the massacres of Armenians in the early … Continue ReadingWSJ: Biden Poised to Recognize Massacres of Armenians as Genocide, Officials Say
Categories Economy HIGHLIGHTS Politics Erdogan on USD 128 billion undisclosed reserve sales; no new information lots of polemic Güldem AtabayPosted on21 April, 2021 Turkish President Recep Tayyip Erdogan said authorities used $165 billion of central bank foreign-currency reserves … Continue ReadingErdogan on USD 128 billion undisclosed reserve sales; no new information lots of polemic
Categories General HIGHLIGHTS Turkey Says Any U.S. Recognition of Armenian ‘Genocide’ Would Further Harm Ties Atilla YeşiladaPosted on21 April, 2021 Turkish Foreign Minister Mevlut Cavusoglu said on Tuesday that any move by U.S. President … Continue ReadingTurkey Says Any U.S. Recognition of Armenian ‘Genocide’ Would Further Harm Ties
Categories HIGHLIGHTS Politics LAST MINUTE: Erdogan makes minor changes to Cabinet Atilla YeşiladaPosted on21 April, 2021 COVER photo: New ministers Turkey’s President Erdogan finally went about the long-rumored Cabinet … Continue ReadingLAST MINUTE: Erdogan makes minor changes to Cabinet
Categories General HIGHLIGHTS Turkey’s health crisis is no less than India, data shows Atilla YeşiladaPosted on20 April, 2021 UPDATE: ON Tuesday, Turkey’s Health Ministry reported 61,028 cases with 2.895 patients and 346 … Continue ReadingTurkey’s health crisis is no less than India, data shows
Categories Company & Industry Economy HIGHLIGHTS Alamos Gold files $1 billion claim against Turkey after mine project halted Güldem AtabayPosted on20 April, 2021 Alamos Gold Inc. of Canada filed a legal claim against Turkey for unfair expropriation and … Continue ReadingAlamos Gold files $1 billion claim against Turkey after mine project halted
Categories Economy HIGHLIGHTS Import prices rise drastically in Turkey amid pandemic Cem CetingucPosted on20 April, 2021 Hayriye Ustun strolled around her neighborhood marketplace looking for the best prices as she suffered … Continue ReadingImport prices rise drastically in Turkey amid pandemic
Categories Economy General HIGHLIGHTS Women’s employment plummets in Turkey during pandemic Cem CetingucPosted on20 April, 202120 April, 2021 The Economy Policy Research Foundation of Turkey (TEPAV) has released the 104th issue of its Employment Monitoring … Continue ReadingWomen’s employment plummets in Turkey during pandemic
Categories Economy HIGHLIGHTS Swapgate: AKP’s efforts to justify 128 billion dollar reserve meltdown continue Güldem AtabayPosted on20 April, 2021 Turkey’s decision to keep interest rates at below inflation last year was a one-off necessitated … Continue ReadingSwapgate: AKP’s efforts to justify 128 billion dollar reserve meltdown continue
Categories General HIGHLIGHTS Arab News: Food stampedes in Turkey Atilla YeşiladaPosted on20 April, 2021 Images showing desperate Turkish citizens scrambling to grab free handouts of potatoes have stoked an … Continue ReadingArab News: Food stampedes in Turkey
Categories Business HIGHLIGHTS BREAKING: Harvey Nichols quittign Turkey Atilla YeşiladaPosted on19 April, 2021 Biritish luxury fashion retailer Harvey Nichols has reportedly decided to pull out of Turkey, reports … Continue ReadingBREAKING: Harvey Nichols quittign Turkey
Categories Economy HIGHLIGHTS Politics Turkey Finance Minister Says FX sales were legal and calls on Cenbank to publish FX sale data Güldem AtabayPosted on19 April, 2021 It would be “beneficial” for the central bank to publish the data on the use … Continue ReadingTurkey Finance Minister Says FX sales were legal and calls on Cenbank to publish FX sale data
Categories General HIGHLIGHTS Eyes on Turkey: Greece, Israel Ink Blockbuster Defense Deal Atilla YeşiladaPosted on19 April, 2021 ATHENS — Both countries wary of Turkey’s intentions, Greece and Israel signed a $1.65 billion … Continue ReadingEyes on Turkey: Greece, Israel Ink Blockbuster Defense Deal
Categories Atilla Yeşilada Emerging Markets HIGHLIGHTS EM: Fragile Five out, Sick Three in Atilla YeşiladaPosted on18 April, 2021 From an investment perspective, Emerging Markets (EM) are turning out to be the big disappointment … Continue ReadingEM: Fragile Five out, Sick Three in
Categories Business HIGHLIGHTS Politics Turkey’s albatross around the neck: Halkbank Atilla YeşiladaPosted on17 April, 2021 If you are following Turkey, soon you will hear the name of state-lender Halkbank … Continue ReadingTurkey’s albatross around the neck: Halkbank