Categories Economy HIGHLIGHTS Finance Minister to meet with investors, EU ambassadors to discuss economic measures Güldem AtabayPosted on16 March, 202116 March, 2021 Turkey’s President Erdogan announced the new economic “reform” measures last Friday. The package was not … Continue ReadingFinance Minister to meet with investors, EU ambassadors to discuss economic measures
Categories Economy Emerging Markets HIGHLIGHTS Real Turkey video: Middle Income Trap: Why few escape? Atilla YeşiladaPosted on16 March, 2021 Middle Income Trap: Why few escape? Definition: Real income per capita is used, but … Continue ReadingReal Turkey video: Middle Income Trap: Why few escape?
Categories HIGHLIGHTS Politics Peace in Syria depends on Western support to Turkey: Erdoğan Atilla YeşiladaPosted on16 March, 2021 President Recep Tayyip Erdoğan believes that re-establishing peace and stability in Syria depends on Western … Continue ReadingPeace in Syria depends on Western support to Turkey: Erdoğan
Categories Economy HIGHLIGHTS DeepDive Politics: Is Turkey in Economic Crisis? Atilla YeşiladaPosted on9 March, 202115 March, 2021 World Unfiltered Guest: Prof. Atilla Yeşilada / Economist Presenter: Prof. Scott Lucas Title: Is Turkey … Continue ReadingDeepDive Politics: Is Turkey in Economic Crisis?
Categories Economy Güldem Atabay HIGHLIGHTS Turkey bars companies from laying off workers for another two months Güldem AtabayPosted on9 March, 202115 March, 2021 President Erdogan extended a ban on firms laying off workers, a measure first implemented after … Continue ReadingTurkey bars companies from laying off workers for another two months
Categories Atilla Yeşilada HIGHLIGHTS A Perfect Storm for Turkish Economy Atilla YeşiladaPosted on9 March, 202115 March, 2021 The Perfect Storm for the Turkish Economy Real Turkey presents its Turkey spring forecasts 1Q … Continue ReadingA Perfect Storm for Turkish Economy
Categories Economy HIGHLIGHTS Politics Albayrak reshuffle continues: TWF Fund Chief to resign too Güldem AtabayPosted on8 March, 202115 March, 2021 The chief executive of Turkey’s sovereign wealth fund is set to step down, according to … Continue ReadingAlbayrak reshuffle continues: TWF Fund Chief to resign too
Categories General HIGHLIGHTS Politics Turkey’s gold rush: Is Ankara expecting US sanctions? Atilla YeşiladaPosted on21 July, 202021 July, 2020 Turkey scrambles for gold, overtaking Russia as top buyer Turkey has overtaken Russia as the … Continue ReadingTurkey’s gold rush: Is Ankara expecting US sanctions?
Categories Economy HIGHLIGHTS BNP Paribas TEB: Outlook for Turkish Economy Atilla YeşiladaPosted on21 July, 202021 July, 2020 Turkey first quarter GDP for 2020 increased 4.5% y/y Seasonally and calendar adjusted GDP increased … Continue ReadingBNP Paribas TEB: Outlook for Turkish Economy
Categories Company & Industry HIGHLIGHTS COMPANY UPDATE: KOZA ALTIN Atilla YeşiladaPosted on20 July, 202020 July, 2020 Revising TP to TL102.0/share We are making another upward revision in our gold price assumptions … Continue ReadingCOMPANY UPDATE: KOZA ALTIN
Categories Economy Finance HIGHLIGHTS JP Morgan rate call: Explicit reference to tighter policies needed to restore credibility Atilla YeşiladaPosted on20 July, 202020 July, 2020 In line with the Bloomberg consensus, we expect the CBRT to keep its key policy … Continue ReadingJP Morgan rate call: Explicit reference to tighter policies needed to restore credibility
Categories HIGHLIGHTS Politics Three EU nations threaten sanctions for Libya, US on Turkey’s side Atilla YeşiladaPosted on19 July, 202019 July, 2020 Leaders of France, Germany and Italy called for an immediate cease-fire in Libya and said … Continue ReadingThree EU nations threaten sanctions for Libya, US on Turkey’s side
Categories Finance General HIGHLIGHTS Markets Inflation scare: Turkish central bank raises FX RR ratio by 300 bps implying no rate cut this week Güldem AtabayPosted on18 July, 202018 July, 2020 As per the central bank announcement today, FX reserve requirement ratios have been increased by … Continue ReadingInflation scare: Turkish central bank raises FX RR ratio by 300 bps implying no rate cut this week
Categories Emerging Markets HIGHLIGHTS Another stain on EM story: Social unrest underway Atilla YeşiladaPosted on17 July, 202017 July, 2020 With Russia, India, South Africa and Brazil groaning under the burden of Covid-19 epidemics, low … Continue ReadingAnother stain on EM story: Social unrest underway
Categories Economy Finance General HIGHLIGHTS Turkish state banks fx sales add to USD100bn Editor P.A.Posted on17 July, 202018 July, 2020 Turkish state banks have doubled their short foreign currency positions in six weeks to $8.3 … Continue ReadingTurkish state banks fx sales add to USD100bn
Categories Emerging Markets General HIGHLIGHTS Goldman Sachs revises world forecasts Atilla YeşiladaPosted on17 July, 202017 July, 2020 We share excerpts from the latest Goldman Report: Recovery continues apace Globally, the world economy … Continue ReadingGoldman Sachs revises world forecasts
Categories Economy HIGHLIGHTS Turkstat: Households spend half of their budget on shelter and food Atilla YeşiladaPosted on17 July, 202017 July, 2020 Turkstat’s 2019 survey of household expenditures reveal the picture of an economy slowly sinking from … Continue ReadingTurkstat: Households spend half of their budget on shelter and food
Categories Economy Emerging Markets General HIGHLIGHTS Turkey’s fiscal dismal- and COVID-19 is not only cause Güldem AtabayPosted on16 July, 202017 July, 2020 The math is simple: Turkey’s fiscal accounts that already have been deteriorating before COVID-19 is … Continue ReadingTurkey’s fiscal dismal- and COVID-19 is not only cause
Categories Economy HIGHLIGHTS Markets Tim Ash answers FAQ about Turkey Atilla YeşiladaPosted on16 July, 202016 July, 2020 Q: Turkey is a big EM credit, what is the foreign investor view of the … Continue ReadingTim Ash answers FAQ about Turkey
