Categories HIGHLIGHTS Politics Erdoğan vows to counter ‘expansionist ambitions’ Cem CetingucPosted on1 August, 2024 President Recep Tayyip Erdoğan has pledged that Türkiye will take decisive measures against “expansionist ambitions” to ensure … Continue ReadingErdoğan vows to counter ‘expansionist ambitions’
Categories Economy HIGHLIGHTS Istanbul’s July inflation figure very high though with the base year effect 12 month inflation slides Güldem AtabayPosted on1 August, 20241 August, 2024 Istanbul’s inflation increased by 4.21 percent on a monthly basis in July. Annual inflation fell … Continue ReadingIstanbul’s July inflation figure very high though with the base year effect 12 month inflation slides
Categories Economy HIGHLIGHTS Following electricity, natural gas prices were raised by 38 percent effective from today Güldem AtabayPosted on1 August, 2024 BOTAŞ announced that as of August, the wholesale price of natural gas for residential use … Continue ReadingFollowing electricity, natural gas prices were raised by 38 percent effective from today
Categories Economy HIGHLIGHTS Signs are increasing, Turkey’s economy is contracting Güldem AtabayPosted on1 August, 2024 MUSIAD: SAMEKS Composite Index decreased by 9.3 points to 45.6 in July In July 2024, … Continue ReadingSigns are increasing, Turkey’s economy is contracting
Categories Atilla Yeşilada Economy HIGHLIGHTS Politics Atilla Yesilada: Fed rate cuts will be very good for Turkish economy Atilla YeşiladaPosted on31 July, 2024 I woke up to news of Ismael Haniyeh’s assassination presumably by Israeli forces; and finishing … Continue ReadingAtilla Yesilada: Fed rate cuts will be very good for Turkish economy
Categories Company & Industry Finance HIGHLIGHTS Fitch: Good news, bad news about Turkish banks Atilla YeşiladaPosted on31 July, 2024 The operating environment for Turkish banks has improved in recent months, due to more orthodox … Continue ReadingFitch: Good news, bad news about Turkish banks
Categories General HIGHLIGHTS Turkey up in arms after assassination of HAMAS leader Haniyeh Atilla YeşiladaPosted on31 July, 2024 Ankara strongly protested the killing of HAMAS political chief Haniyeh in Tehran, though her ability … Continue ReadingTurkey up in arms after assassination of HAMAS leader Haniyeh
Categories Business Company & Industry HIGHLIGHTS Ak Invest 2Q2024 earnings preview: Telecom, healthcare and retailing look relatively better in 2Q24 Atilla YeşiladaPosted on31 July, 2024 With this report, following our earnings preview on banks and insurance companies that we previously … Continue ReadingAk Invest 2Q2024 earnings preview: Telecom, healthcare and retailing look relatively better in 2Q24
Categories Business Company & Industry HIGHLIGHTS HSBC TAV Airports report: Downgrade to Hold: Close to fair value Atilla YeşiladaPosted on30 July, 2024 Highlights FCF and dividend story intact but valuation less attractive after strong re-rating Traffic outlook … Continue ReadingHSBC TAV Airports report: Downgrade to Hold: Close to fair value
Categories Atilla Yeşilada General HIGHLIGHTS ANALYSIS: Turkey’s demographic nightmare is knocking on the door Atilla YeşiladaPosted on30 July, 2024 In its latest update, published on Tuesday, TURKSTAT produced 3 scenarios regarding the population. Türkiye’s … Continue ReadingANALYSIS: Turkey’s demographic nightmare is knocking on the door
Categories HIGHLIGHTS Politics Erdoğan vows not to succumb to Israel’s threats Cem CetingucPosted on30 July, 2024 President Recep Tayyip Erdoğan slammed Israeli Foreign Minister Yisrael Katz’s scandalous social media post threatening … Continue ReadingErdoğan vows not to succumb to Israel’s threats
Categories General HIGHLIGHTS Justice Minister supports family law revision Cem CetingucPosted on30 July, 2024 Justice Minister Yılmaz Tunç has reiterated the necessity for legislative amendments in family regulations concerning issues such as … Continue ReadingJustice Minister supports family law revision
Categories Finance HIGHLIGHTS World Bank increases support to Türkiye with 3.7 billion dollars Cem CetingucPosted on30 July, 2024 With the approved loan of $600 million, the amount of financing provided by the World Bank for Türkiye in … Continue ReadingWorld Bank increases support to Türkiye with 3.7 billion dollars
Categories HIGHLIGHTS Politics Turkey approved the bill allowing for the culling of millions of stray dogs despite mounting protests Güldem AtabayPosted on30 July, 2024 Turkey has approved a controversial bill allowing for the culling of millions of stray dogs, … Continue ReadingTurkey approved the bill allowing for the culling of millions of stray dogs despite mounting protests
Categories Economy HIGHLIGHTS CBRT rate decision summary published: ‘Tight stance’ message repeated Güldem AtabayPosted on30 July, 2024 CBRT published the summary of the July 23rd Monetary Policy Committee (MPC) meeting. The inflation-related … Continue ReadingCBRT rate decision summary published: ‘Tight stance’ message repeated
Categories Economy HIGHLIGHTS Reuters survey announced: Economists’ inflation forecasts for July Güldem AtabayPosted on30 July, 2024 Reuters’ survey of expectations for July inflation data to be announced by the Turkish Statistical … Continue ReadingReuters survey announced: Economists’ inflation forecasts for July
Categories Economy HIGHLIGHTS The slide in Turkey’s economic confidence index continued in July Güldem AtabayPosted on30 July, 2024 According to the Turkish Statistical Institute (TurkStat), the economic confidence index decreased by 1.5 percent … Continue ReadingThe slide in Turkey’s economic confidence index continued in July
Categories Economy HIGHLIGHTS Politics Traces of 35 tons of cocaine smuggling in Germany lead to Turkey Güldem AtabayPosted on30 July, 2024 The details of the operation in which 35 and a half tons of cocaine was … Continue ReadingTraces of 35 tons of cocaine smuggling in Germany lead to Turkey
Categories Economy General HIGHLIGHTS Turkey’s population will fall below from the current 85 million to 77 million in 2100 Güldem AtabayPosted on30 July, 2024 Turkish Statistical Institute (TurkStat) has renewed its population projections for the period between 2023 and … Continue ReadingTurkey’s population will fall below from the current 85 million to 77 million in 2100
Categories General HIGHLIGHTS Millions live with wages below the hunger threshold in Turkey Güldem AtabayPosted on30 July, 202430 July, 2024 According to TÜRK-İŞ, the hunger limit for July rose to 19 thousand 234 TL and … Continue ReadingMillions live with wages below the hunger threshold in Turkey
