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
Categories HIGHLIGHTS Politics Murat Yetkin: Ineffective Turkish opposition: reality or urban legend? Atilla YeşiladaPosted on17 April, 2021 Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu appeared last week on Global TV, with host … Continue ReadingMurat Yetkin: Ineffective Turkish opposition: reality or urban legend?
Categories HIGHLIGHTS Politics Can Selcuki: State of Turkey Atilla YeşiladaPosted on16 April, 202117 April, 2021 Back in November 2020 I had speculated that 2021 would be the longest year for … Continue ReadingCan Selcuki: State of Turkey
Categories Economy Finance HIGHLIGHTS Central Bank Governor’ explanation on 128 billion dollar fx reserve meltdown: Yet the question remains Güldem AtabayPosted on16 April, 2021 Shahap Kavcioglu, Governor of the Central Bank of the Republic of Turkey, responded to allegations … Continue ReadingCentral Bank Governor’ explanation on 128 billion dollar fx reserve meltdown: Yet the question remains
Categories Company & Industry Economy HIGHLIGHTS Turkey bans crypto payments citing risks, hits Bitcoin price Güldem AtabayPosted on16 April, 2021 Turkey’s central bank banned the use of cryptocurrencies and crypto assets to purchase goods and … Continue ReadingTurkey bans crypto payments citing risks, hits Bitcoin price
Categories Economy General HIGHLIGHTS Politics Erdogan Is Turning Turkey Into a Chinese Client State Güldem AtabayPosted on16 April, 2021 Turkish President Recep Tayyip Erdogan used to send shockwaves to Beijing with his outspoken support … Continue ReadingErdogan Is Turning Turkey Into a Chinese Client State
Categories Economy HIGHLIGHTS CBRT remains on hold but sounds more dovish than before Cem CetingucPosted on16 April, 2021 As widely expected, the CBRT kept its policy rate unchanged at 19.0%. Again as expected, … Continue ReadingCBRT remains on hold but sounds more dovish than before
Categories General HIGHLIGHTS Turkey and Greece: Foreign Ministers use historic meeting to bash each other Atilla YeşiladaPosted on15 April, 2021 The foreign ministers of Greece and Turkey argued in front of cameras during a joint … Continue ReadingTurkey and Greece: Foreign Ministers use historic meeting to bash each other
Categories Economy Emerging Markets Finance General HIGHLIGHTS HYPED Politics The real story behind Turkey’s 128 bn dollar fx reserve loss I Kerim Rota Güldem AtabayPosted on15 April, 2021 Is it possible to return to the Roulette table? How did the “reserve leakage” arise? … Continue ReadingThe real story behind Turkey’s 128 bn dollar fx reserve loss I Kerim Rota
Categories Economy General HIGHLIGHTS Policy rate kept at 19 percent; so when is the next rate cut? Güldem AtabayPosted on15 April, 2021 Turkey’s central bank held rates steady at 19% as expected on Thursday and dropped a … Continue ReadingPolicy rate kept at 19 percent; so when is the next rate cut?
Categories Economy HIGHLIGHTS Erdogan’s new dove: Five questions for Turkey’s central bank Güldem AtabayPosted on14 April, 202114 April, 2021 Turkey’s fourth central bank chief in less than two years will oversee his first policy … Continue ReadingErdogan’s new dove: Five questions for Turkey’s central bank
Categories Economy HIGHLIGHTS Turkey’s economy seen regaining pace, expanding 4.8 percent in 2021 Güldem AtabayPosted on14 April, 2021 Turkey’s economy will grow 4.8% in 2021, rebounding strongly from a slump brought on by … Continue ReadingTurkey’s economy seen regaining pace, expanding 4.8 percent in 2021
Categories HIGHLIGHTS Politics Kavala, Demirtas and now Altan: ECHR rules Turkish writer Altan’s rights were violated Güldem AtabayPosted on13 April, 2021 Europe’s top human rights court ruled on Tuesday that the right to liberty and freedom … Continue ReadingKavala, Demirtas and now Altan: ECHR rules Turkish writer Altan’s rights were violated
Categories Economy Finance General HIGHLIGHTS Turkey’s Halkbank urges end of U.S. prosecution alleging Iran sanctions violations Güldem AtabayPosted on13 April, 2021 A lawyer for Halkbank told a U.S. appeals court on Monday that the state-owned Turkish … Continue ReadingTurkey’s Halkbank urges end of U.S. prosecution alleging Iran sanctions violations
Categories Economy General HIGHLIGHTS Citi cuts Turkey growth forecast to 3.4%, sees no case for rate cuts Güldem AtabayPosted on13 April, 2021 Citi cut its 2021 economic growth estimate for Turkey on Tuesday to 3.4% from 4%, … Continue ReadingCiti cuts Turkey growth forecast to 3.4%, sees no case for rate cuts
Categories Economy Emerging Markets HIGHLIGHTS JPMorgan downgrades emerging market currencies to ‘underweight’ Güldem AtabayPosted on13 April, 2021 Investment bank JPMorgan recommended selling emerging market currencies on Tuesday, completing a 180-degree pivot from … Continue ReadingJPMorgan downgrades emerging market currencies to ‘underweight’
Categories General HIGHLIGHTS OPINION: Erdogan abandons Turkey to the ravages of Covid-19 Atilla YeşiladaPosted on13 April, 2021 With 59,187 news cases and 273 deaths today, Turkey is on her way to catch … Continue ReadingOPINION: Erdogan abandons Turkey to the ravages of Covid-19
Categories Economy HIGHLIGHTS Politics Canada cancels export permits for drone technology to Turkey over use in Nagorno-Karabakh Güldem AtabayPosted on12 April, 2021 Canadian Minister of Foreign Affairs Marc Garneau has announced a permit cancellation for weaponry to … Continue ReadingCanada cancels export permits for drone technology to Turkey over use in Nagorno-Karabakh